Showing posts with label college graduates. Show all posts
Showing posts with label college graduates. Show all posts

Monday, December 8, 2014

Why Earning A Business Diploma Is So Important For Your Career?


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Wondering whether you should get a college degree or not? If so, then you should know that it is becoming increasingly difficult for individuals without a degree or a diploma to maintain or even get jobs. But going to college is just not enough these days. So what else do you need to boost your career? Let’s find out.... 

“No Degree” Equals “Low Earnings”
 
According to the latest American Community Survey conducted by the U.S. Census Bureau, employees, especially in South Florida counties of Palm Beach and Broward, who experienced the lowest decline in income between 2008 and 2013 were the ones who failed to earn a bachelor’s degree but earned a 2 year associate’s degree or at least attended college. 

The study showed the percentage drop in earnings for Palm Beach County was around 10 per cent during the financial recession of 2008; while the drop rate was 7.25 per cent for Broward County. The survey also found that employees with high school diploma experienced an average decline in income of merely 3.8 per cent and 5.7 per cent in Palm Beach and Broward respectively. 

Does A Diploma Mean More Income?
 
In contrast, the American Community Survey discovered that the earnings of college graduates in Palm Beach increased from 2008 to 2013 by 7.6 per cent. However it fell by 2.4 per cent in the county of Broward. In fact, those who completed their graduation earned $14,000 more annually in the both regions than employees who attended 4 year college programme, but were unable to graduate. 

Moral Of The Story?
 
The data from the U.S. Census Bureau goes to show that it literally pays to get a degree. According to Jorge Carrillo-Salazar, Economist and Director of the Center for Economic Research, Florida International University, earning a higher education qualification can help better your financial condition in future. 

Although the economy is improving in most markets worldwide, still employers tend to act fussy and are looking for candidates with a graduate degree or business diploma, even for jobs that traditionally does not require such qualifications. Carrillo-Salazar added “The economy is not generating enough jobs.” 

The fact is numerous laid-off employees are actually going back to college, both on-campus and online, to earn the diploma they failed to acquire previously, according to economist William B. Stronge, a former professor at Florida Atlantic University. He believes that many learners are now pursuing qualifications that are currently in-demand. Stronge said “They recognised they needed more skills.” 

Eugene Holzer, co-founder of job placement firm Ascendo Resources, claims that in most cases the recruiters do not even bother about the majors you studied in college. However it is important that you follow through the discipline and complete your graduation. He believes that this shows you will be steady as an employee. 

What Does It Mean For Your Career?
 
According to the findings of the study, the experts suggest that the best possible way to progress you career is to earn a diploma. Having a higher education qualifications, especially in business, shows that you have acquired the necessary skills and knowledge required for your specific field of work. Perhaps this the reason why innumerable students from across the globe are now pursuing business studies online, as it offers affordable and easily accessible solutions. An online diploma will not only enhance your professional skills, but it also gives confidence to your employer about your abilities. 

If you have been unable to complete your college education, for whatever reason, or if you only have a high school diploma, then pursuing diploma in business online is the most suitable option for you. Studying business will enable you to learn various management and leadership skills and understand the core concepts of business. Moreover, as you will study online, you will be able to continue working on your full time job and still manage time to study for a diploma. 

With an online diploma in business you can boost your employability and add significant value to your resume. Your qualification, along with your work experience, will make you an ideal candidate for numerous jobs as most employers look for business-trained applicants. Moreover as online diplomas are now being accepted by most employers worldwide, you will have a wide range of employment opportunities available to you. This will also provide you the scope to enhance your performance at the workplace and land the next big promotion. 

So what do you think? Will you earn a business diploma to boost your career prospects? Feel free to share your views and thoughts by commenting below. We would love to hear from you.

Tuesday, October 28, 2014

Is College Education Necessary For Aspiring Entrepreneurs?

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Do you wish to be an entrepreneur? Do you need a college degree to become one? Is university degree worth it? Most aspiring college graduates are wondering these things and the answers to these questions are not that simple either. Some people believe that college education is the doorway to career advancement and economic prosperity. However, others opine that now college students are graduating with heavy debts than ever before, which is affecting their financial standing. Moreover a bachelor’s degree does not necessarily guarantee career and economic development. 

Is A College Degree Necessary?
 
Source: bit.ly/1rRZj7a
Venture capitalist and billionaire Peter Thiel, along with his fellow MIT dropouts Laura Deming and Delian Asparouhov, believe that higher education is surely important and can certainly help you in your career; but that does not mean you need a traditional 4 year college degree. Moreover if you are an aspiring entrepreneur with a solid business idea, then going to college can be detrimental to career. 

However, if you feel that you need to earn a diploma, then I believe that online education is perhaps your best option. By pursuing an online university degree, you will be able to work on your start up and continue your studies at the same time. Moreover you will be able to apply the lessons you learn immediately into your business. 

Should You Leave College Then?
 
Thiel says, “My view is there is no one approach that works for everybody. I’d never claim that everyone should drop out of college and become an entrepreneur. I don’t think everyone should become a celebrity; I don’t think it makes sense for everyone to go to an elite school, and they won’t let everyone go to an elite school.” 

For Asparouhov and Deming, dropping out of college has proved to be rather beneficial. Both of the Thiel Fellows are receiving $100,000 to progress their business ideas from Thiel. Both of them were MIT undergrads and had to leave school for 2 years to get the fellowship. Although Asparouhov and Deming believe they learned enough in their 2 years in college, but none of them regret their decision of leaving college before earning a degree. 

Asparouhov said in an interview “I sprinted through MIT; one semester I did three times the normal course-load — that’s one of the reasons I feel like I left. I got that framework, I know how to learn.” He added “I was moving out to California and signing this lease that’s like three times my net worth,” he recalled. “Three days before moving out I got the fellowship and was like. ‘Oh, yeah, I can pay rent!’” 

Business Is Education In Itself
 
Deming believes that starting up a business is a comprehensive learning experience in itself which does not require a formal university degree. She said, “Not having a degree can be a problem sometimes, but of all the problems you encounter in the start up world, it’s by far the smallest.” 

Thiel, co-founder of PayPal, himself supports this belief that you can learn more from developing a business in real life then spending time cooped up in a classroom. He said “There is this sort of idea that learning happens in college and once you leave college you leave your books behind and you go on with life, but there is some sense in which you’re always learning more. When I started PayPal it was like a super intense learning thing. You learn a lot about managing people, the finances, telling the story of what your company is doing — you learn about a vast array of different things.” 

So Is College Worth It For You? 
 
Deming answers “People ask, ‘Should I drop out of college?’ That’s a bad question. The question is, ‘Are you passionate and competent about something?’” Until you are confident about your start up idea and your abilities and knowledge regarding your sector, “it is a bad idea to drop out of college.” 

If you are aspiring to be an entrepreneur and still want to earn a degree, but don’t want to waste precious 4 years from your life, then getting UK university degree online would be the next best idea. Online diplomas offer you the scope to study at your own time and focus on your start up company as well. Moreover, as online UK degrees are highly valued, it will help you to get investors and provide you ample networking opportunities as well. All these can directly help you to expand your business. 

So what do you think? Is dropping out of college a good idea? Share your views and opinions with us. We would love to hear from you. 

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