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Tuesday, September 30, 2008

Picking A College Major

If you’re like most people, choosing a college major can be extremely difficult. You want to find the right balance between something you like to do and something that can provide a solid financial future. Few people will ever welcome the onset of the workweek, but that doesn’t mean any job should be a nightmare. Likewise, jobs from “easy” majors rarely pay very much and often require another four years of college before they become marginally profitable in regard o the time spent on them.

One thing that can help prospective students is to examine the career possibilities of any choices that interest them. Most college majors can lead to a variety of careers. Even something as broad as “business management” can lead to untold and wildly divergent career paths. It’s important to get an idea of what you’ll likely be doing if you choose a particular major, the atmosphere and environment you could b working in and the benefits and detriments of the jobs you’ll be eligible for upon graduation.

Another smart thing to do is to look at the long term job growth rates for the industry your major is associated with. This isn’t possible for all majors, but applicable to most. The reason for doing this is to avoid the tendency to chase popular short term job market trends. Thos who do so often find that things have changed for the worse once they graduate, and that their chosen field is fully saturated with others who made the same decision because of a temporarily favorable market.

At the end of the day, it’s a choice between money, time and doing what you love. IF you’re one of the few lucky people who manages to find a major that makes you eligible for a high paying job you’ll enjoy, more power to you. If, like many of us, you are choosing job satisfaction at the expense of salary or salary at the expense of job satisfaction, keep this in mind. In almost any field, there are ways to make more money. Are you more likely to do that in a field you love or in a field you loathe?

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