Sunday November 22, 2009 9:17 PM ET
SmartMoney
Published August 25, 2009  |  A A A
Deal of the Day by AnnaMaria Andriotis (Author Archive)

5 College Majors That Can Help You Get a Job

The job hunt may seem far away for college students now heading back to campus, but the process of making yourself an appealing candidate actually begins during school – and as early as when you choose your major.

This year, as college students wrestle with a decision that once guided only post-baccalaureate small talk, they now may want to consider not only whether it will increase their chances of landing a promising job after graduation, but also whether it will help them enter a field that’s growing. With the unemployment rate near a 26-year high and once-steady industries (e.g., autos, finance, housing) in flux, the conventional wisdom that it doesn’t matter what you studied as an undergraduate might seem a little less wise.

Some majors, like those in the science and engineering departments, lay the groundwork with the basic information that’s needed to work in expanding industries like health care, software development and the environmental sector. In contrast, students interested in liberal arts or humanities majors – often linked to industries like education and media, which aren’t growing – will have to take internships and be more aggressive in networking to prepare themselves for their job search. 

SmartMoney examined data from the Bureau of Labor Statistics (BLS) and the Milken Institute, an independent economic think tank, to find fields of study that may help upcoming job applicants. Here are five majors that are closely tied to growing industries.

Engineering

By 2020, U.S. manufacturers will need as many as 10 million new skilled workers, according to a June report by the Milken Institute. Mechanical and software engineers will make up a huge portion of those workers, says Perry Wong, a senior managing economist at the Milken Institute.

Mechanical engineers are already needed in almost all manufacturing firms, including those in aerospace, aircraft and defense, shipbuilding and computer-hardware design, he says.

“One of the biggest challenges for manufacturers is they can’t find enough mechanical engineers, in part because we don’t have a lot of American students going into this major,” he says. Mechanical engineer jobs typically involve designing and creating equipment and transferring a prototype from paper to physical machinery.

Software engineers are already in demand. The product life cycle of computers and electronics continues to advance, says Wong. The industry needs new engineers who can create original programs and update older ones.

Life Sciences

As baby boomers age and Congress nears an overhaul of the nation’s health system, the health-care sector appears unlikely to shrink any time soon.

By 2016, employment of registered nurses is expected to increase by 23.5% and dental hygienists and pharmacy technicians are projected to rise by 20%, according to the BLS.

The U.S. is a couple hundred thousand nurses short, and hospitals are starting to recruit nurses from overseas, says Joe Kilmartin, the managing director of compensation consulting at Salary.com, a human resources and consulting company. “That’s only going to get more critical over the next two to 10 years.”

If any version of President Obama’s health-care reform comes to fruition, we’re likely to see a bump in demand for health-care technicians, as well as more positions for information processing and digitizing health records, says Wong. The life sciences major is tailor-made for the broad health-care industry; majors go on to become health-care practitioners, administrators or pharmaceutical engineers, he says.

The BLS projects employment in health-care support services will increase by 27% between 2006 and 2016. The aging population will increase demand for rehabilitation centers and physical therapy facilities and spur growth in pharmacology research, says Linda LaTendresse, the assistant director of employer relations and recruiting at the University of California, Riverside. Demand for home care will increase, as will social work and counseling, says Jody Queen-Hubert, the executive director of co-op education and career services at Pace University.

SmartMoney.com would like to invite you to visit our Variable Annuities Custom Resource Center.
Click here to find out more about this financial product and how it may apply to you.

1
2
Next

Follow SmartMoney on Facebook, Twitter & More: Facebook Twitter
Bookmark and Share RSS
Order ReprintsOrder Reprints
BackType
Comments From Around the Web
Posted by: LUCareerSvcs on Twitter

5 College Majors That Can Help You Get a Job http://tinyurl.com/lzn5x8

Posted by: NISSSAMSI on Twitter

Sorry! Correct link to article on top 5 best majors to get jobs, including #statistics, is http://bit.ly/1koFax

Posted by: pcarmich on Twitter

RT @NISSSAMSI #statistics major is one in five that will get you a job - Smart Money - http://bit.ly/compad http://bit.ly/1koFax

Posted by: NISSSAMSI on Twitter

#statistics major is one in five that will get you a job - Smart Money - http://bit.ly/compad http://bit.ly/1koFax

Posted by: smithcollege on Twitter

"I am both an expert & perpetual student in all of the work that I do"-Alum Kristin Tyler on statistics, a new hot major http://bit.ly/v9BtR

Advertisements