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Your Future: What’s In It For You?

Your Future: What’s In It For You?. Navigating Career Planning. Virginia Career Education Foundation 2014-2015. Want ad for tomorrow’s workforce:.

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Your Future: What’s In It For You?

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  1. Your Future: What’s In It For You?

  2. Navigating Career Planning Virginia Career Education Foundation 2014-2015

  3. Want ad for tomorrow’s workforce: Help Wanted: Creative individuals with strong problem-solving skills, excellent computer skills, the flexibility to adapt to rapidly changing markets, the ability to work in a multi-disciplinary environment, and the skills needed to effectively collaborate across cultures in a global marketplace.

  4. Hot Career Fields Health Care Education

  5. Hot Career Fields Technology Finance

  6. Hot Career Fields Services (Safe from offshoring!) Construction

  7. Fastest Growing Occupations Sept. 2014 • Industrial-Organizational PsychologistsMedianSalary: $83,580 (Master’s degree) • Personal Care AidesMedianSalary: $19,910 (Less than high school) • Home Health AidesMedian Salary: $20,820 (Less than high school) • Insulation WorkersMedian Salary: $39,170 (Apprenticeship) • Interpreters and Translators MedianSalary: $45,430 (Bachelor’s degree) • Diagnostic Medical SonographersMedianSalary: $65,860 (Associate degree) • Helpers: Brickmasons, blockmasons, stonemasons,, tile and marble settersMedianSalary: $28,220 (On-the-job training) • Occupational therapy assistants MedianSalary: $53,240 (Associate degree) • Genetic counselorsMedianSalary: $56,800 (Master’s degree) • Physical therapy assistantsMedianSalary: $52,160 (Associate degree) Source: globeuniversity

  8. Ahead-of-the-Curve Careers Asian-business-development specialist Behavioral geneticist Computational biologist Data miner Emergency planning manager Green-collar consultant Health informatics specialist Immigration specialist Offshoring manager (farshored, nearshored, homeshored) Patient advocate Simulation developer Wellness coach

  9. Old paradigm was that college was the path to…. New Considerations? The type of degree matters!

  10. 10 of Today’s Hottest Jobs! 1. Nurse Practitioner $83,273-$96,6502.E-Mail Marketer $43,840-$84,430 3. Network Security Engineer $57,240-$97,660 4. Environmental Engineer $61,500-$99,180 5. Heavy & Tractor-Trailer Truck Driver $30,270-$46,920 6. Physician Assistant $73,040-$101,690 7. Social Media Manager $38,960-$71,820 8. Financial Analyst $56,310-$99,230 9. Software Engineer-Mobile Applications $69,090-$109,21010. Home Health Aide $17,900-24,020 Read more at:http://www.kiplinger.com/slideshow/business/T012-S001-now-hiring-10-of-today-s-hottest-jobs/index.html

  11. Best Undergrad College Degrees By Salary 1. Petroleum Engineering $103,000-$160,000 2. Actuarial Mathematics $58,700-$120,000 3. Nuclear Engineering $67,600-$117,000 4. Chemical Engineering $68,200-$115,000 5. Aerospace Engineering $62,800-$109,000 *6. Electrical Engineering (EE) $64,300-$106,000 *6. Computer Engineering (CE) $65,300-$106,000 7. Computer Science (CS) $59,800-$102,000 8. Physics $53,100-$101,000 9. Mechanical Engineering (ME) $60,900-$99,700 * Tied for 6th place Source: 2013-2014 PayScale College Salary report 28% of the undergraduate degrees in Virginia in 2014 were in STEM-H(Science, Technology, Engineering, Mathematics-Health Professions)

  12. 10 Best College Majors for A Lucrative Career 10. Nursing 9. Actuarial Mathematics 8. Finance 7. Statistics 6. Civil Engineering 5. Economics 4. Information technology 3. Software Engineering 2. Management Information Systems 1. Computer Science Source: Kiplinger,September 2014Read more at http://www.kiplinger.com/slideshow/business/T012-S001-10-best-college-majors-for-a-lucrative-career/

  13. High Paying Jobs in US Anesthesiologists $232,830 Surgeons $230,540 Obstetricians and Gynecologists $216,760 Oral and Maxillofacial Surgeons $216,440 Internists, General $191,520 Orthodontists $186,320 Radiologists $184,820 Pathologists $184,820 Neurologists $184,82 Allergists and Immunologists $184,820

  14. Highest Paying Jobs in US – Non-Medical OccupationAverage Annual Wages1. Chief Executives $176,840 2. Petroleum Engineers $147,470 3. Architectural and Engineering Managers $133,240 4. Lawyers $130,880 5. Natural Sciences Managers $130,400 6. Marketing Managers$129,870 7. Computer and Information Systems Managers $129,130 8. Airline Pilots, Copilots, and Flight Engineers $128,760 9. Financial Managers $123,260 10. Sales Managers $119,980 Source:US News and World Report, March 2013

  15. 10 Best Jobs That Require No College DegreeCareerCast, 2104 http://www.careercast.com 1. Dental Hygienist $70,210 2. Web Developer $62,500 3. Respiratory Therapist $55,870 4. Electrician $49,840 5. Computer Service Technician $48,900 6. Paralegal Assistant $46,990 7. Appliance Repairer $43,460 8. Carpenter $39,940 9. Automotive Mechanic $37,68010. Welder $36,300 These careers DO require technical training beyond high school.

  16. Just look at today’s world! Jobs have changed Different options exist New training is required Traditional timelines have changed

  17. Projections for New Job Growth Other 2014 University Continuing Education Association, 2009 2020Techniques, Sept. 2009 …STILL only 20% of all jobs require a four-year degree or more(Bureau of Labor Statistics)

  18. Even milestones of life are changing… New Age for Adulthood? 30

  19. Why? This is the age that adolescents: Finish education Become financially independent Move away from home! The Washington Times (65% of college graduates plan to return home after graduation!) Yahoo Survey

  20. Why does it take so long? It takes longer to graduate from college Job market for new jobs has been weak Housing is expensive!

  21. Career Terms you may want to know

  22. CAREER CLUSTERS

  23. Career Clusters "A Career Cluster is a grouping of occupations and broad industries based on commonalities.  The sixteen career clusters provide an organizing tool for schools, small learning communities, academies and magnet schools.“ Become familiar with the titles and organization of the 16 career clusters

  24. CAREER PATHWAYS

  25. Career Pathways "As defined in the state’s first strategic plan for career pathways, Bridging Business and Education for the 21st Century Workforce, career pathways are connected education and training programs and support services that enable individuals to secure employment with a specific occupational sector and to advance over time to successively higher levels of education or employment in that sector."

  26. ACADEMIC AND CAREER PLANS Requires student, parent/guardian, and school official signatures

  27. OPTIONS FOR GETTING TO CAREER SUCCESS

  28. How are you going to support yourself or pay for post-secondary school? If a student has to work, does he have any skills that will get him paid more than minimum wage? Annual salary at minimum wage?*(based on $7.25/hour for 40 hours per week for 52 weeks) * As of 9/14 Gross Income: $15,080

  29. Options for High School and Beyond Industry Certifications Community College Career College Four-Year College or University Registered Apprenticeship Military Training

  30. Consider Career and Technical Education and Industry Certifications

  31. Consider Career and Technical Education in High School Earn certifications that lead to higher salaries for part time work Receive free training that would cost $1,000s in the private sector

  32. Examples of SomeGreat Deals for High School Students ClassPrivatelyPublicSchool A+ $2,600 Free LPN $3,296 Free Cosmetology $5,700+ Free Cisco $12,000 Free Oracle $10,000 Free

  33. These Deals Lead to Decent Salaries ClassStarting Salaries A+ $30k LPN $34k Cosmetology $25k Cisco $75K Oracle $80k NOTE: Average starting salary of 2013 college graduates was $45,473. (Source: Society for Human Resource Management, 4/4/14)

  34. Career and Technical Education offers options! 3. Earn free dual enrollment college credits while still in high school • Available for many CTE courses and some academic courses • Credits may be accepted at some VA 4-year colleges • Leads into community college associate degree programs

  35. Career and Technical Education offers options! Try out a career before investing huge costs Kimon CampbellLPN program in high school -Worked as LPN while completing RN

  36. Remember: Only 20% of jobs require a college degree. 5. Offers training for current in-demand careers! • 75% of jobs require technical training!

  37. Consider Community College

  38. Consider Community College Great way to get a feel for college Remember that tuition, fees, room and board will rise to more than four or five times Community College cost at a four-year college or university – plan early for Years 3 and 4!

  39. Consider Registered Apprenticeship

  40. Consider Apprenticeship Name: Jennifer KingAge: 24 Hometown: LA Salary: $60,800/yrCollege: none Source: Techniques 2007

  41. Consider Military Training

  42. Consider Military Training

  43. Consider College or University

  44. Who should go to college right after high school? Those who are in the top 10% of their class AND score in the top 10% on SAT or ACT Those who don’t meet #1 but have a clear goal (their own goal, not their parents’ goal) that requires a college education. If not in either group – get a job, find yourself, go to college later with much greater motivation or choose appropriate post-secondary training The Chronicle of Higher Education, Nov. 9, 2009, in Comments to article “Are Too Many Students Going to College?”

  45. Average U.S. cost per year at a modestly priced public, four-year college in 2013-2014 was $22,826. One year in a private school – average $44,750. College Board report

  46. Takes longer to get a degree! Graduation Rates of Freshmen Entering in 2007-08: College After 4 yrs After 6 yrs. UVA 86% 93% William & Mary 82% 89% JMU 65% 81% VA Tech 58% 80% George Mason 43% 65% CNU 49% 65% Longwood 43% 63% Radford 41% 58% VCU 30% 56% State Average: 51% at 4 years and 69% at 6 years (Source: SCHEV 2014)National Average: 39% graduate in 4 years (Source: National Center for Educational Statistics, 2014) US Average: slightly over 59% in 6 years (Source: National Center for Educational Statistics, 2014)

  47. How Do You Explain This? Budget cuts make it harder to get required courses for graduation The more selective the college’s admission policy, the higher the graduation rate Many students change majors adding years necessary to get a degree 60% transfer before graduating

  48. Cost of Degree example: Average cost of the state colleges -$20,297 $20,297 per year (tuition, basic room & board, mandatory fees) X 6 $121,782

  49. SOME NEVER GET A DEGREE! While over 66%attend college… only 54% of thoseever get a degree

  50. Rising Debt! Average student debt = $26,600 (http://projectonstudentdebt.org/)( $24,343 in VA) 44% of families earning over $100,000 have to take out loans

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