9/08/2010

Best College Major for a Career in Investing

Career Advice Question: I don't know where to start. I see myself in an investing career, as in Invsting in various industries. I'm currently in jr. college. What would be the best thing to major in?

My Answer: 

That's a good question. I found some references for you on the web that may help you. At http://personalfinancereference.com a similar question was asked. The question was: What college major would be prepare me for a career in investment banking, consulting, management. . . ?

Here is one of the answers: I think that any of the general business type of degrees would do well, especially if you can specialize in a finance/accounting type major. I got a BS in management with a emphasis in mkting, and then went back to a larger university for a MBA and the consulting companies swarmed us. So, grab the finance, economics, and accounting courses and you will be set.

I went more the management side, then did the IT side, and have been somewhat stuck in the IT side of consulting, and then got hired in full time at the company where I did Proj Mgmt work. Its a good gig, but in retrospect… I wish I had more insight to the financial components.

Truth be told. I don’t think it matters THAT much anymore as to what your undergrad studies are. Many top companies really do look for graduate degrees, so instead… I would consider some programs that run the BS to Masters combined programs.

Payscale.com just came out with the "Best Undergrad College Degrees By Salary"


Economics is listed as #10 and Finance is listed as #18. I would stick with either of those and plan to get your MBA from a top school. That's my advice.


Here is the full list for you to check out:


DegreesDegrees
Methodology
Annual pay for Bachelors graduates without higher degrees. Typical starting graduates have 2 years of experience; mid-career have 15 years. See full methodology for more.

9/06/2010

Career Advice for Economics degree holder?

An economics degree gives a person the fundamentals that would make them appealing to any hiring manager in business. Any entry level business management position should be attainable. 

Here's a website I think you'll like: Career advice for Economics degree holder? - Yahoo! Answers

-- Sent from my Palm Pre

Rock-’n'-Roll Career Management - CBS MoneyWatch.com

An amusing blog entry from Mathew Rothenburg from the Ladders. He compares career management with his garage band experience.


http://www.google.com/gwt/x?source=reader&u=http%3A%2F%2Fmoneywatch.bnet.com/career-advice/blog/career-management/rock-n-roll-career-management/3452/&wsi=9b0e24b35eaa7af4&ei=SEaFTMmiNqLOwQWj18SIDw&wsc=yq

Career Planning for Baby Boomers – Transferring Skills to a New Field

Career advice for baby boomer planning a career change.


http://www.google.com/gwt/x?source=reader&u=http%3A%2F%2Fwww.google.com%2Furl%3Fsa%3DX%26q%3Dhttp%3A%2F%2Fboomersnextstep.com%2Fcareers%2Fcareer-planning-for-baby-boomers-transferring-skills-to-a-new-field%26ct%3Dga%26cad%3D%3As7%3Af1%3Av1%3Ad2%3Ai2%3Alt%3Ae0%3Ap0%3At1283800491%3A%26cd%3DWByAJS4e9C0%26usg%3DAFQjCNHqz3lhNev3B2Fm_muISQgjaOBQ-g

Future Hiring Will Mainly Benefit The High-Skilled

Whenever companies start hiring freely again, job-seekers with specialized skills and education will have plenty of good opportunities. Others will face a choice: Take a job with low pay – or none at all.


http://www.google.com/gwt/x?wsc=yq&wsi=9b0e24b35eaa7af4&source=reader&u=http%3A%2F%2Fwww.huffingtonpost.com/2010/09/05/future-hiring-will-mainly_n_706258.html&ei=D0GFTJXmM6WOwgXOn9DhCg

9/01/2010

Looking for work and loosing my mind

Question:hi,

graduated from college last month. i can not find a place that will hire me or even talk to me.
I placed my resume on Monster.com and Careerbuilder.com and all i get are fly by night places or pyramid schemes for search results.
what should i do?
i just need some advice as to how to get by w/o losing my mind. i really am worried that i will be unemployed for a good length of time. i really am scared.
Answer: To make sure that you're not loosing your mind (we all do sometimes), concentrate on talking to real people. Don't rely on online job boards by them selves. Here are some ideas on how to network with real people:
  1. Make a list of everyone that you know. Call them and tell them that you're looking for work. Do they know of any companies that do the type of work that you do? Do they know anyone that does the type of work you do? Make a list of those people and companies and call them.
  2. See a job advertisement? Apply online and then call the Human Resources department and ask to speak to a real person. Let them know that you applied and that you are looking forward talking to someone about the position. Before you do this though, make sure that you are qualified for the position or you may be considered desperate. 
  3. Use LinkedIn. Everyone is doing it and there is a reason for it. You can find people that you can talk to at your target companies. Just find a name and call the main company phone number and ask for them. Be honest and ask for help. People are good and want to help.