Saturday, June 23, 2007

Top College Degrees For 2007

Are you planning on graduating from college within the next
couple of years? Do you want to maximize your opportunity
for employment following graduation? If so, then you will
want to pay special attention to this news.

The National Association of Colleges and Employers recently
published their annual report on the employment outlook for
college graduates of 2007. Released annually, this report
provides a forecasted projection of what the job market
looks like for new college grads based on survey results of
employers nationwide.

The annual report, titled Job Outlook 2007, shows job
projections based on different sectors of the economy and
different geographic regions of the country. It also
includes a look at the top degrees that employers say they
will be looking for while recruiting this year. Listed
below is a look at these top degrees for 2007.

1. Associate Degrees

According to Job Outlook 2007, the NACE's annual report on
the job market outlook for college grads, roughly 40% of
employers surveyed are planning to hire graduates with an
associate degree. Although all fields and areas of study
will be looked at, there are 4 major areas of focus for
students with associate degrees:

- Engineering
- Technology
- Business
- Computer Science

2. Bachelors Degree

As with associate degree graduates, the three sectors of
the economy expected to hire the most college grads include
government/non-profit, service industry and manufacturing.
The top bachelor degrees will be:

- Accounting
- Business Administration/Management
- Computer Science
- Electrical Engineering
- Mechanical Engineering
- Information Systems
- Marketing & Marketing Management
- Computer Engineering
- Civil Engineering
- Economics & Finance

3. Graduate Degrees

According to the annual job outlook report published by the
National Association of Colleges and Employers, engineering
takes 4 of the 5 top spots in terms of doctorate degrees
being looked at for employment.

In addition to MBA's being in demand, the following five
doctorate degrees will be heavily sought after:

- Electrical Engineering
- Computer Science
- Computer Engineering
- Mechanical Engineering
- Chemical Engineering

As with most levels of college degrees, the expected rate
of hiring across the board is projected to be higher in
2007 compared to 2006. Although part of this is due to the
stronger economy, many experts believe that the aging
baby-boomer population is leading to this demand. As the
more tenured employees look to retire, a younger generation
is needed to fill their shoes.

The bottom line is this...overall, the job market for new
college graduates in 2007 looks very good. As in the past,
certain sectors of the economy will hire in larger numbers
than others. Other sectors will have more geographic and
salary differences. Ultimately, the long-term success of
any new graduate depends on the individual student and
their desire to succeed.


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