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Wednesday, May 15, 2013

Don't Let Your Kids Study These Majors

Beware These Five MajorsIs your kid's senior year right around the corner? Well, now's the time to sit down and craft a short list of desirable majors to take into consideration for college. Why so early, you might ask? Because all college disciplines aren't created equal, and it can be hard for students to carefully consider majors during one of the biggest transitional periods in their lives.
"It can be difficult for some students because we're naturally inclined to resist change and ambiguity," says David Reynaldo, the California-based founder and owner of College Zoom, a college admissions consulting and major matching business. "But the key with majors is to find something that you're good at with skills that have market value."
And the truth is, there are certain majors that are lacking in the market value department, according to a report by Georgetown University's Center on Education and the Workforce titled "Hard Times: Not all College Degrees Are Created Equal." So keep reading to first find out which majors you should caution your young one against, and which majors you can green light with confidence.

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Proceed With Caution

Unemployment rates for recent college graduates* of the following majors are anywhere from 10 to almost 14 percent,  which means you could expect to see a lot of your kid around the house after they graduate. Why? Because without a job, they'll likely still be living with you.

Major #1: Architecture

Did your son or daughter gravitate toward Legos as a kid and find skyscrapers endlessly fascinating? Sure, toying with building blocks and forts may have been fun, but nailing down steady work as an architect these days is no cake walk for a recent grad.
According to the Georgetown report, the unemployment rate for recent architecture graduates is about 13.9 percent. Essentially, the report blames this figure on the collapse of the construction industry during the recession. 
Reynaldo agrees. "Companies just aren't building in tough financial times," he says. So in terms of architecture jobs, the current low demand may mean fewer jobs.

Major #2: Fine Arts

Imagine your son creating magnificent pieces of art that are featured in well-known galleries. It's a nice fantasy - right up until your newly-minted college graduate realizes how broke he is because he isn't selling work, exhibiting in a gallery, or getting commissions.
The sad truth, is that this isn't 15th-century Renaissance Italy when artists were paid by kings and queens to create artwork. In fact,  according to the Georgetown report, there's a 12.6 percent rate of unemployment amongst recent graduates who majored in fine arts.
Here's why: In these tough economic times, there just aren't a lot of people buying expensive pieces of art, Reynaldo says. So it can be tough to be a self-sustained, financially-stable artist.
All things considered, your kid is probably better off relegating this field of study to a hobby.

Major #3: Philosophy and Religious Studies

I think, therefore I am. Too bad Descartes' famous little ditty doesn't carry as much weight when it comes to snagging a job with a degree in philosophy or religious studies. Get ready to sweat if your son or daughter chooses one of these heady courses of study.
Why? It turns out recent grads in philosophy and religious studies face a 10.8 percent unemployment rate, says the Georgetown report.
And unless you plan on continuing on to grad school and working as a philosophy professor, Reynaldo says that the problem with philosophy is that the principles behind it - questioning existence, thinking about knowledge - are perceived as "useless" in the workforce.
"The question becomes how do I articulate the value of all the deep thinking I do to an employer." Not exactly an easy question to tackle. The same limitations are true of majoring in religious studies, he says.

Major #4: Anthropology and Archaeology

Indiana Jones may have looked cool on the big screen, but going into the fields of anthropology or archaeology won't be a blockbuster hit for your kid in the job department. The reality, according to the Georgetown report, is that recent anthropology and archaeology graduates report a 10.5 percent unemployment rate.
Why is this number so high? It all goes back to the same problem of having skills that are perceived as valuable in the working world - assuming you're not trying to get a job as an anthropologist or archaeologist. While you'll likely pick up skills during your course of study that could be applied to other jobs outside of these majors, good luck getting that across in a job application or interview when you say you studied anthropology, says Reynaldo.
"Again, like other liberal arts majors, you're being taught how to think but it's just not perceived that way by employers," says Reynaldo. "So these majors often end up getting shafted."

Major #5: Film, Video, and Photographic Arts

Do you have a budding Spielberg or Ansel Adams on your hands? While filmmaking and photography can be great artistic outlets, they might not be the best choices for your son or daughter's college major.
Recent graduates with these types of degrees experience about a 12.9 percent unemployment rate, says the Georgetown report.
Reynaldo likens this figure to the fact that while film and photography have the skill of story creation at their core, they might not be the most lucrative fields for monetizing those storytelling skills.
And if you're not using those storytelling skills, you need to make money somehow. But it can be difficult, according to Reynaldo, to convince employers that those skills translate into a practical approach to an office job or otherwise because your field of study is often pigeonholed as artistic and outside the "real" world.

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