The new game for self-torture is to regret the specifics of our academic education.
We shouldn't have invested all that money and time in a law degree or Ph.D.. If only we had majored in business undergraduate, instead of political science or history, we might had been able to start on a lucrative career immediately.
Well, the National Survey of Student Engagement has presented some surprising findings about the correlation of degrees and ability to land good-paying jobs.
In The Washington Post, Jeffrey Selingo tells us that majoring in business undergraduate is popular. One out of five students do that. But not all business degrees generate the same return on investment.
The one yielding the lowest outcome in terms of employability and earnings is the business degree which specializes in marketing. The business focus which does better is that which requires more math skills and engagement.
Why? The explanation is that what we are really selling out there are skills. Not a major. The concentration in marketing does not develop as many skills as more difficult specializations in business.
When shopping for a major which will have a high ROI, students should go for what demands the most effort. Marketing, it was found, has not been among them.
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