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Degrees that teach skills for in-demand jobs

Degrees that teach skills

These degrees can teach you valuable skills that could translate to on-the-job success.

By Terence Loose
Are you considering going back to school, but want to make sure you earn a degree that will give you in-demand, marketable skills that prepare you for a shot at a good career?
Well, good news. We did some homework that might just save you a little of your own.
First, we asked experts to weigh in on various popular bachelor's degree programs, telling us what marketable skills they might teach students. Then we matched those skills with careers that the U.S. Department of Labor predicts will have a higher than average growth rate from 2010 to 2020. That average, by the way, is 14 percent, according to the Department of Labor itself.
So read on to see what we found.

Degree #1: Computer Science

Here's a degree that teaches both specific and general skills that are applicable to a wide variety of careers, says David Bakke, an editor at MoneyCrashers.com, a career and financial advice website. And the coursework, while rigorous, does pay off in marketability, he says.
Earning the Degree: Typical classes taken by computer science majors might include digital system design, computer system organization, artificial intelligence, and data structures and algorithms, says the College Board, a nonprofit research organization that promotes higher education.
Depending on the specific program, Bakke says a computer science degree could teach any number of specific computer-related skills such as programming, data management, and graphics.
These programs also often develop students' analytic and problem-solving skills, as well as their ability to lead or be part of a team, working toward a common goal, he says. This is often how those new apps or software programs are developed, he says.
Potential Career:* Software Developer
Projected Job Growth, 2010 to 2020:** 30 percent
These are the creative minds behind those fancy computer and phone applications you have open in other tabs at the moment - which explains why the U.S. Department of Labor suggests the following skills for potential applicants: creativity, analytical ability, problem-solving, and teamwork.
The Department of Labor says that software developers typically have a bachelor's degree in computer science, software engineering, or a related field.

Degree #2: Health Care Administration

Whether you watch CNN, Fox News, or even Comedy Central, you've no doubt noticed a lot of talk about the future of health care. That's because it's the country's fastest growing industry and will be one of the biggest recruiters of college graduates in the next decade, says Anthony P. Carnevale, director of Georgetown University's Center on Education and the Workforce.
Earning the Degree: Health care administration majors might study everything from accounting and health care law to health care ethics and epidemiology, says the College Board.
Debra Wheatman, a certified professional career coach (CPCC) and president of Careers Done Write, a career coaching agency, says this degree is valuable, because it teaches complex problem-solving and communication, as well as specific skills in areas like human resources and management.
"Graduates should come out with the ability to look at a problem from many different perspectives and come to a solution that is best for all parties," she says. In the case of the medical industry, that's important to employers, because there's a lot on the line - money, but also patients' health.
Projected Job Growth, 2010 to 2020: 22 percent
These professionals manage health care facilities large and small, says the U.S. Department of Labor. Problem-solving and communication skills are important in this career.
The Department of Labor also says that "prospective medical and health services managers have a bachelor's degree in health administration." However, they also note that master's degrees are also common, in fields such as health services, business administration, public health, public administration, and long-term care administration.

Degree #3: Business Administration

Here's a perennial favorite degree that offers a very eclectic set of skills, says Ryan S. Himmel, president and CEO of BIDaWiz, Inc., a financial advice website and company. He says that's because the coursework in this degree covers a broad range of business topics.
Earning the Degree: The College Board says a business administration and management major typically takes a course load that might include operations management, financial management, economics, business ethics and law, and marketing.
"Some skills you'll get with this degree are management, communication, and analytical skills," adds Himmel. "And these are key to success in the management of any business."
Potential Career: Financial Analyst
Projected Job Growth, 2010 to 2020: 23 percent
These finance experts study stocks, bonds, and other types of investments and make investment recommendations to businesses and individuals, says the U.S. Department of Labor. They say it is important for these pros to have analytical, communication, decision-making, and other similar skills.
The Department of Labor says a bachelor's degree in business administration, accounting, economics, finance, or statistics is required for many financial analyst positions.

Degree #4: IT and Information Science

With Big Data - the accumulation of massive amounts of information about consumers by large companies - fast becoming the buzz word in the big business world, a degree in information technology (IT) or information science could be very valuable, says Bakke.
Earning the Degree: IT majors could take courses such as computer networking, computer systems and architecture, systems analysis and design, and web technologies.
Bakke says some of the key skills you'll acquire in these classes and by pursuing this degree are information storage and database management - two things crucial to working with Big Data.
Other, equally important skills Bakke says IT students pick up are analytical, problem-solving, and teamwork skills.
Potential Career: Computer Systems Analyst
Projected Job Growth, 2010 to 2020: 22 percent
These tech-savvy pros help make more efficient and productive computer systems for companies, says the U.S. Department of Labor. They add that it is important for computer systems analysts to have analytical, creative, and teamwork skills.
The Department of Labor says most of these professionals have a bachelor's degree in a computer-related field.

Degree #5: Accounting

Looking for a practical degree that offers real-world skills that will be in demand for the foreseeable future? Look no further than a bachelor's in accounting, says Susan Heathfield, who has more than two decades of experience in the human resources field and writes for About.com.
Earning the Degree: The College Board says an accounting major typically takes classes like business law, cost accounting, government and not-for-profit accounting, and accounting information systems.
"This degree is in my top three for giving skills employers are looking for," says Heathfield. She does have one caveat: Because the entire world is now reliant on computers, accounting majors should gain computing skills as well as the more traditional accounting skills.
Math, organizational, communication, and interpersonal skills, are a few of the in-demand skills this degree provides, she says. "Following the financial crisis, accountants are now very important to companies and need to be able to communicate risks to management clearly," she says.
Potential Career: Accountant
Projected Job Growth, 2010 to 2020: 16 percent
Accountants not only make sure a company's financial books are in order, they also prepare taxes and sometimes offer financial advice to management, says the U.S. Department of Labor. The Department of Labor says these pros should have analytical, communication, organizational, and other similar skills.
While a bachelor's degree in accounting or a related field is needed for most accountant positions, some employers might prefer those with a master's degree in accounting, or in business administration with a concentration in accounting, says the Department.

What College Degrees Produce the Most Millionaires?

Majors Popular With Millionaires

A new study reveals the most common college degrees among millionaires.

By Terence Loose
If you're trying to decide on a college major, you could do worse than pick one that's popular among millionaires. After all, college is an investment - one you hope will pay off. And a million times or more would be nice.
So you may be interested to know that a new study by an international wealth consultancy group, WealthInsight, in association with Spear's magazine, assessed roughly 70,000 millionaires worldwide (people with a net worth over $1 million) to see what college degrees they held. Surprisingly, college dropouts, like Mark Zuckerberg or Steve Jobs, didn't skew the data as much as one might think - only about one percent of millionaires in the study did not obtain a college degree.
Of course, you'll want to keep in mind that while the study found these degrees to be most common among millionaires, that doesn't mean just anyone who studies one of these majors will get the same result.
All that said, without further ado, we present the degrees most earned by millionaires.

Degree #1: Bachelor's in Engineering

An engineering degree, according to the WealthInsight study, has resulted in more millionaires worldwide than any other. If you believe in making the world a better place through innovation, you might be interested in pursuing this degree as well.
Why It Could Pay Off: Engineering majors could make a very good salary right out of college, says Anthony P. Carnevale, director of Georgetown University's Center on Education and the Workforce. In addition, he says, engineers are innovators, which means they have the ability to create new and valuable products that, if combined with an entrepreneurial spirit, can result in a lot of success.
Potential Career Path:* Mechanical Engineer. These engineers design, build, and test mechanical devices like tools, machines, and engines, says the U.S. Department of Labor. Mechanical engineers have a median annual salary of $80,580, according to the Department of Labor. Not millionaire status, but certainly not bad.

Degree #2: Master in Business Administration (MBA)

The objective of business is to make money, so it would make sense that an MBA is number two on the millionaire degree list, according to the WealthInsight study. It's also the top graduate degree among millionaires. So if you'd like to refine your business smarts, then you might want to add an MBA to your roster, too.
Why It Could Pay Off: Carnevale says that if you are already in business and pursue an MBA, it has the most potential for payoff. He adds that those who concentrate on finance, business economics, or accounting will gain the most from this degree. "This degree is designed to help people lead companies," he says, "and that usually pays off."
Potential Career Path:* Financial Manager. These professionals plan and direct the financial arm of organizations to ensure they remain successful and healthy, says the U.S. Department of Labor. And while this occupation may not have you sitting upon millions of dollars yourself, you may still be able to make a substantial pile of green. Financial managers have a median annual salary of $109,740, reports the Department of Labor.

Degree #3: Bachelor's in Economics

With economics coming in third on the WealthInsight list, these majors do indeed make great millionaires. If studying the trade of goods and services in our economy appeals to you, then you might want to consider majoring in economics - you'd be in good company.
Why It Could Pay Off: "Economics is a powerful degree, because it's very practical and flexible. It arms you with a deep knowledge of how buying and selling works. With it, someone can go into any number of businesses or can start their own with confidence," says Lisa Adams, career management coach and founder of Fresh Air Careers, a career coaching firm.
Potential Career Path:* Budget Analyst. These professionals help both public and private organizations organize their finances by analyzing and strategizing budgets, says the U.S. Department of Labor. While this role is all about the flow of money, don't assume you'll be getting your millionaire membership card. Budget analysts have a median annual salary of $69,280, notes the Department of Labor.

Degree #5: Bachelor's in Business Administration

Another win for business administration - this time at the bachelor's level. Sure enough, this major ranks fifth on WealthInsight's list of most popular degrees earned by millionaires. And if you'd like to learn the fundamentals of business, this may be the right degree for you, too.
Why It Could Pay Off: People with business administration degrees tend to be highly successful, because they're usually very driven and have a true entrepreneurial spirit, says Susan Heathfield, a management consultant and author of About.com's Guide to Human Resources. "And a business degree gives them a good, broad understanding of the basics of business and how to build successful companies. It's a good base for branching out into any industry," she says.
Potential Career Path:* Human Resources Manager. These professionals oversee such things as an organization's recruiting, hiring, and training of employees, says the U.S. Department of Labor.  And while this career wouldn't realistically make you a millionaire, it still has the potential to pay pretty well. The Department of Labor reports that human resources managers have a median annual salary of $99,720.

Degree #6: Bachelor's in Accounting**

The major of commerce ranked sixth in the WealthInsight study, but it's mostly offered at universities outside of the U.S. So if you don't plan on studying abroad anytime soon, you may be more interested in the next degree on the list - accounting - which came in at seventh.
Why It Could Pay Off: Accounting is a major that can result in ample personal wealth for some obvious reasons, says Heathfield. She points to the fact that accounting at the college level teaches individuals more than just number-crunching, but also about how to build wealth, create greater profits at companies, and how to negotiate complicated tax law.
Potential Career Path:* Accountant. These whizzes prepare and examine financial records, make sure taxes are prepared and paid, and help organizations run efficiently, says the U.S. Department of Labor. Although your paychecks may be lacking those extra zeros to make you a millionaire, this career still has the potential to pay a pretty penny. Accountants have a median annual salary of $63,550, according to the Department of Labor.

5 Jobs That Are Big On Pay - and Here To Stay

Soure: Yahoo


High Pay Jobs On The Rise

Check out our picks for high-paying jobs that are on the rise.

By Danielle Blundell
Believe it or not, some jobs are going the way of the dinosaurs. And the worst part about it? When it comes down to brass tax, some of these endangered jobs are well-respected, desirable, and high-paying to boot. So what's a job seeker to do? Well, the best defense against extinction may be simpler than you think.
"If you can pinpoint what you like to do, show that you're good at it, and find an opportune way to monetize it - a market need - that's the ideal," says Dana Leavy-Detrick, a New York City-based career consultant at Brooklyn Resume Studio, a company offering professional career consulting services.
Point taken, but to go a step further, it also may be helpful to identify - and avoid - some of the careers that are no longer in demand in the job market. These "endangered" jobs may have impressive salaries, but don't let that fool you. They are also in decline and projected to continue on that path for the foreseeable future, at least according to the U.S. Department of Labor and our career experts.
So, read on for our list of cautionary careers and alternatively, high-paying positions that are in demand.

High-paying jobs that are disappearing…

Career #1: Air
Traffic Controllers


Median Annual Salary:*
$122,530
Projected Job Growth from 2012 to 2022:**
1 percent
You may want to proceed with extreme caution if you're thinking about pursuing this career path. While the job pays well, be warned…
Technology is taking over more of the controller's duties in directing planes in and out of airports, says Tim Dugger, owner of the counseling firm Career Café. Additionally, the U.S. Department of Labor projects very little job growth for this career.

High-paying jobs that are growing…

Career #1: Industrial-
Organizational Psychologist

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Median Annual Salary:*
$83,580
Projected Job Growth from 2012 to 2022:**
53 percent
If you're analytical and enjoy helping others, consider a career in industrial-organizational psychology. According to the U.S. Department of Labor, as an industrial-organizational psychologist, you might use psychological principles and research methods to solve problems and improve the quality of work life. Collaborating with management on employee screening or training and policy planning might also be a part of your scope of responsibilities.
Why It Could Be a Better Choice: The field is growing, because these psychologists help businesses run smoothly. "[This job] is about addressing issues like productivity, diversity, and employee retention - helping companies create more effective workplace cultures," says Leavy-Detrick. And in turn, this increases a company's potential for profit - which all businesses want, she adds.
And the career could pay well, says Dugger, because corporations recognize the real monetary advantages of effectively matching people to roles that improve their productivity.
Next Step: Click to Find the Right Psychology Program.
Education Requirements: According to the Department of Labor, you can work as an industrial-organizational psychologist with a master's in psychology.  For most master's programs, you don't need an undergraduate major in psychology. But you will need coursework in introductory psychology, experimental psychology, and statistics, says the Department.

Career #2: Software
Developer (Applications)

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Median Annual Salary:
$90,060
Projected Job Growth from 2012 to 2022:
23 percent
If you're creative and tech-savvy, you may want to check out a career as a software developer. In this role, you could be the mastermind behind the newest software and apps for computers and mobile devices, says the U.S. Department of Labor. Your job could also involve creating computer programs, testing them for glitches, and debugging them.
Why It Could Be a Better Choice: STEM jobs like this pay well, largely due to the fact that there aren't enough trained people to fill the existing roles, says Dugger.
As far as growth goes, according to Leavy-Detrick, software developers fulfill the needs of the business world, which is becoming increasingly global. "Companies are becoming increasingly web-based, and they need the types of talent who can build products, services, and organizations around that trend," she says.
Next Step: Click to Find the Right Computer Science Program.
Education Requirements: According to the Department of Labor, these professionals usually have a bachelor's in computer science, software engineering, or another related field. Mathematics is also accepted by employers.

Career #3: Power Plant
Operators


Median Annual Salary:
$66,130
Projected Job Growth from 2012 to 2022:
-11 percent
Power plant operators are responsible for delivering power into people's homes and businesses. And as you can imagine, their work could potentially impact tens of thousands of people, which accounts for their high pay, says Dugger. But with technology easily supplying power remotely, fewer workers are needed in this field, he explains. The negative growth in this profession, reported by the U.S. Department of Labor, reflects that decline.

Career #3: Medical and
Health Services Manager

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Median Annual Salary:
$88,580
Projected Job Growth from 2012 to 2022:
23 percent
If you're after a job with both high growth and high pay potential, then this is another profession to consider. According to the U.S. Department of Labor, these professionals are often in charge of planning and coordinating care at a hospital or doctor's office. In this role, you could be responsible for managing an area or department, creating staff schedules, and staying abreast of your facility's finances.
Why It Could Be a Better Choice: "This one is all about demographics," says Dugger of the high salaries and high growth in this field. "The aging baby boomer population will necessitate the growth of health care services offerings. And someone has to manage and lead all those medical practitioners."
Next Step: Click to Find the Right Health Care Administration Program.
Education Requirements: According to the Department of Labor, "prospective medical and health services mangers should have a bachelor's degree in health care administration." Master's degrees are also common in fields such as health services, business administration, public health, public administration, and long-term care administration.

Career #4:
Fashion Designer


Median Annual Salary:
$62,860
Projected Job Growth from 2012 to 2022:
-3 percent
Glamorous, check. High-paying, check - well, at least for the top fashion designers who clothe celebrities. But with more entrepreneurs starting independent labels, competition is fierce, says Leavy-Detrick. And the fight for success may not be worth it, considering that the U.S. Department of Labor notes that the growth in this field is on the decline.

Career #4:
Financial Analyst

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Median Annual Salary:
$76,950
Projected Job Growth from 2012 to 2022:
16 percent
If you love watching money grow, then you might want to pursue a career as a financial analyst. In this profession, you may often provide clients and businesses with recommendations on investment opportunities, says the U.S. Department of Labor. Your role might involve studying economic trends and evaluating historical data to make monetary suggestions.
Why It Could Be a Better Choice: According to Dugger, financial analysts are well-paid and on the rise, because "early career investors as well as corporations will all depend on the services of financial analysts services for maximizing returns and navigating government regulations."
Another reason for the uptick here: "In addition to medical services, boomers will need someone they trust to watch over their accumulated investments while they get to go enjoy their retirement years."
Next Step: Click to Find the Right Accounting Program.
Education Requirements: Typically, the Department of Labor says, financial analysts must have a bachelor's degree. Some areas of study to consider include accounting, business administration, engineering, economics, finance, math, and statistics. Advanced positions, notes the Department, may often require a master's degree in business administration or finance.

Career #5:
Farmers and Ranchers


Median Annual Salary:
$69,300
Projected Job Growth from 2012 to 2022:
-19 percent
Back in the day, farmers and ranchers were the backbone of this country and commanded top-tier salaries, particularly after a good harvest. Nowadays, it's a different story. In fact, the U.S. Department of Labor projects that nearly 180,000 jobs will be lost from 2012 to 2022. The problem? New farming technologies have led to higher yields - and a need for fewer workers on the farm, says Dugger. So unless you're inheriting a well-established family farming business, best to stick to something that's on the rise.

Career #5:
Dental Hygienist

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Median Annual Salary:
$70,210
Projected Job Growth from 2012 to 2022:
33 percent
Interested in helping people preserve their smiles? Then this career might be the in-demand option for you. As a dental hygienist, you might clean and examine teeth, according to the U.S. Department of Labor. You may also be tasked to educate patients on how to improve their oral health.
Why It Could Be a Better Choice: According to Dugger, this field has seen significant recent growth, because dental health has been increasingly tied to overall physical health. Again, the aging population comes into play - resulting in high demand and high compensation for people entering this field.
Next Step: Click to Find the Right Dental Hygiene Program.
Education Requirements: These professionals usually need an associate's degree in dental hygiene, according to the Department of Labor. Additionally, all states require them to have a license.