<p>Shawbridge- your macro analysis may be correct but parents here don’t need to be advising an entire cohort of college students- just their own. And by and large, it is a mistake to look at these macro trends and figure out what any particular kid should do with his or her life.</p>
<p>Yes- a kid who is oriented towards complex and abstract quantitative thinking will likely have some options post grad unless he or she can’t communicate, work in a team, get along with others, etc. But what to tell your own kid who loves history and literature and is struggling with senior year calculus? “too bad kiddo, you’re majoring in math”.</p>
<p>That’s a recipe for a wasted education in my opinion- and believe me, I’ve interviewed hundreds of people in my career who were lousy “whatevers” due to parental steering/coaching/advising, and it took them half a career to find out that they were terrific “somethings” and not lousy “whatevers”.</p>
<p>I hire lots of former English major and Sociology majors. </p>
<p>I also reject a lot of kids who majored in accounting and finance and international business and recreation studies and “real estate studies” and other so called practical majors. A kid with a C average in an accounting program is useless to me for a job in an actual corporate accounting department. Better he should have been an A minus student in comparative literature, with a statistics course and both macro and micro econ. A kid with a C average in a not-so-rigorous undergrad business program in accounting to me is a kid who doesn’t like accounting. And didn’t have enough self knowledge to go explore something else he did like.</p>
<p>Engineering- sure. The golden ticket if you time it right. But go tell that to the aero/astro folks who got laid off in the early 1990’s. Or the electrical engineers who were SOL after the 2001 tech bubble burst. Or the petroleum engineers who have long known about the boom/bust. If you are clever enough to tell a high school kid today which discipline will be hot four years hence- fantastic. I am not so clever. I see the massive swings; I can’t predict what will happen with H1B visas next April, let alone in four years. So even if companies are expanding their engineering hires by a massive number- if the tech industry is successful in lobbying for expansion of H1B’s I can guarantee you a tight hiring year for new grads with engineering degrees. They’ll be competing with the kids at IIT, Fudan, some of the biggest universities in the world, and not just worrying that their 3.3 GPA from Illinois puts them right up against a 3.4 from Michigan.</p>
<p>Yes, demonstrable skills. But they don’t need to be technical. Strong writers. Strong communicators. Ability to synthesize lots of information into easily digestible bites. Ability to use charts and graphics to demonstrate a complicated concept. Ability to drive consensus.</p>
<p>And my biggest beef… read the damn newspaper. Not the headlines from your Yahoo or flipboard feed. I can’t tell you how hilarious it is to interview a kid allegedly interested in X (let’s call it finance) who has trudged through a vocationally oriented business major and sits in front of the interviewer and cannot discuss a scandal/event/crisis unfolding in the world of finance that has been on the front page of every newspaper for over a week.</p>