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See other All is Vanity Articles

Title: 4 Degrees with 0% Unemployment
Source: Yahoo News
URL Source: http://finance.yahoo.com/news/4-degrees-with-0--unemployment.html
Published: May 23, 2012
Author: Annalyn Censky
Post Date: 2012-05-23 13:07:36 by Turtle
Keywords: None
Views: 459
Comments: 4

..4 Degrees With 0% Unemployment

By Annalyn Censky | CNNMoney.com – Mon, May 21, 2012 1:11 PM EDT .... Email.....College grads who majored in actuarial science or astrophysics have a practically nonexistent unemployment rate.

Actuary job in hand, before the degree

Courtesy: Drake UniversityBette Wiebke Majored in Actuarial Science, Class of `12 Drake University

Why become an actuary? My parents kind of planted the idea in my head from an early age, because math was always my favorite subject in school. Plus, they knew it would be a lucrative profession.

An actuary is basically supposed to predict the future, estimating future risks and costs. Being able to do that well is so valuable to a company.

This weekend, I graduated with my bachelor's in actuarial science. I've already had a job lined up since September, and I would say the same is true for the majority of my classmates, who have also had job offers for a long time.

I'll be working at Travelers Insurance in St. Paul, Minn., in their property and casualty business.

Overall, 0% unemployment in our field may be a bit of an overstatement. I know a couple students who haven't decided what they're doing yet.

[Related: 5 growing careers in health care]

But the fact that most of us can get jobs coming straight out of college, definitely says something good about the occupation.

No shortage of options in astrophysics

Courtesy: Matt BenjaminMatt Benjamin Astrophysics, Class of `05 University of Colorado Boulder

I was a business major when I started college, and science was a hobby more than anything else.

But after I took two semesters of astronomy, I was hooked. Learning about business at that point almost felt as boring as learning about cardboard.

I studied astrophysics and planetary science, and worked in the planetarium as a student employee. I had thought about going to grad school afterward, but when my boss decided to leave, I took this job.

I now run the planetarium and its education programs. My job is to take complex science and information and put it in the public vernacular.

It goes against the idea that to be part of science you need a Ph.D. That's a gross misconception.

I think you can have a 0% unemployment rate in astrophysics, because it's constantly evolving. The universe is huge and there just aren't enough eyes to study it. There's really never going to be a shortage of jobs.

Work in a lab, with pharmacology degree

Courtesy: Sara NikSara Nik Majored in Pharmacology, Class of `12 Stonybrook University

When I was an undergrad, I knew that I wanted to get involved in the research aspect of science. I liked that pharmacology was medically relevant -- studying the interaction of drugs and the body -- and it offered the opportunity to do cutting edge research.

After I graduated, I spent the summer doing an internship in France and then I came back and worked in a lab at Stonybrook for a year.

I've since started a masters program at Columbia University and work part-time in a lab in the pathology department there.

I would say that's a pretty typical path. I don't know of anyone who studied pharmacology and just stopped at a bachelor's degree. The end game is nearly always to pursue some kind of schooling afterwards. Many end up going to grad school or working in laboratories.

[Related: Wiping Out $90,000 in Student Loans in 7 Months]

Multiple job offers for geophysics students

Courtesy: Aaron GirardAaron Girard Majored in Geophysics, Class of `07 Colorado School of Mines

The energy industry is just grasping at straws for people with geophysics experience.

I work in an environment where it's over 50% foreign people. That's not only telling about the people the energy industry is looking for, but also the fact that these large energy companies are simply not getting enough qualified students from American universities.

When I finished my bachelor's in 2007, we graduated 10 people that year. I would say on average, my classmates were getting one to two job offers before they had even graduated.

I ended up going on to grad school. After interning in Norway, I had realized that outside of the United States there were no major oil companies looking for candidates with just a bachelor's.

During grad school, I got four job offers all in the Houston area. I graduated and started work at WesternGeco, a subsidiary of Schlumberger, two weeks later.

Now, I also volunteer with the Society of Exploration Geophysicists, building a network for geophysics students. We have about 7,000 student members in the U.S. -- not nearly enough to fill up all the jobs that are going to be available.


Poster Comment:

This of course is great news for the .00001% who can do it.

Notice none of this people are black or Hispanic...

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#1. To: Turtle (#0)

deleted

The relationship between morality and liberty is a directly proportional one.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”

—Samuel Adams

America: Israel's Handmaiden

Eric Stratton  posted on  2012-05-23   13:16:54 ET  Reply   Trace   Private Reply  


#2. To: Turtle (#0)

EEK...I dropped astrophysics as a major because I thought a job would be hard to find. I have a math major and the actuarial students had to understand extensive mathmatics.

octavia  posted on  2012-05-23   14:00:39 ET  Reply   Trace   Private Reply  


#3. To: Eric Stratton (#1)

Oh please, being an actuary doesn't take any kind of brains. It's bean counting at its finest.

Dayum, I can't get ahead of anyone today!

I was going to write that bean counting is not without risks, if the author blabs how the company chose to litigate instead of paying off disaster victims in order to avoid a major hit to their assets.

HOUNDDAWG  posted on  2012-05-23   14:12:20 ET  Reply   Trace   Private Reply  


#4. To: Turtle (#0) (Edited)

Physics, chemistry and medicine.

Was going to work for Uncle Sam as an officer on a nuke sub, but chose to Save the Toes instead ;) 100% self employed, going on year 25.

Lysander_Spooner  posted on  2012-05-23   14:51:13 ET  Reply   Trace   Private Reply  


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