Sunday, April 12, 2009

With Finance Disgraced, Which Career Will Be King? -

With Finance Disgraced, Which Career Will Be King? -
"Big shifts in the flow of talent can ripple through the nation and the economy for decades with lasting effect. The engineers of the Depression built everything from inter-city roads to the Hoover Dam, while the Sputnik-inspired scientists would go on, often with research funding from the Pentagon, to create the building-block innovations behind modern computing and the Internet. Today, the financial crisis and the economic downturn are likely to alter drastically the career paths of future years. The contours of the shift are still in flux.....

What will the new map of talent flow look like? It’s early, but based on graduate school applications this spring, enrollment in undergraduate courses, preliminary job-placement results at schools, and the anecdotal accounts of students and professors, a new pattern of occupational choice seems to be emerging. Public service, government, the sciences and even teaching look to be winners, while fewer shiny, young minds are embarking on careers in finance and business consulting."

It will be interesting to see how this plays out. Will finance remain on top? My guess is yes. but it will take a few years. Very anecdotally, finance seems to be getting more majors for next year at SBU.


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