Choosing Growth Industries for a New Career

A growth industry is considered to be one which is developing at a very fast rate and is doing better than others in the market. The companies operating in these industries look at various options like discounts and other marketing strategies. If you want to start a career in these industries, you will be able to get a lot of job satisfaction as you will get trained in cutting edge technology and will get necessary exposure in the industry. You can also gain valuable experience to build your career and opt for better positions.

Moreover, as you would have opted for student loan or different types of financial aid to take care of your college expenses, you need to look at options for paying off your student loans. The attractive salaries offered by these growth industries can help you pay your student loans as well.

Best Jobs for Fresh Graduates in Growing Industries

During this time of economic slowdown when employees are being laid off, fresh graduates without experience find it very challenging to look for a suitable job. Most jobs demand a certain amount of experience and credentials, and you should choose growth industries which are willing to take fresh graduates.

For example, it is not a feasible time to consider healthcare and education industries although they are considered the best industries. This is because these industries want experienced people rather than fresh graduates. Moreover, these industries require people with higher qualifications. Some career choices for fresh graduates in the growth industries are:

• Internet Publishing and Broadcasting- This is growing at a fast pace with the extensive usage of internet and reduction in print media circulation. Owing to its growing popularity, it can offer a lot of opportunities for fresh graduates.
• Oil and Gas Industry- This is another growth industry which is flourishing due to the increase in prices of fuel and the profits. This will in turn result in higher salaries and more career options.
• Security and International Affairs- This industry would require fresh graduates to fill the gaps that emerge when older employees retire. This will lead to better employment options.
• Securities, Commodities, Equities and General Finance- This industry is likely to see tremendous growth in the near future leading to better career options for fresh graduates.

If you are a fresh graduate and are keen to enter the job market, make a smart move by choosing a growth industry, as these industries provide a host of career options, allow you to develop a lucrative career and can help you earn a better salary and gain experience.

Relief from Student Loan Debt Payments

A newly introduced government loan program, called Income-Based Repayment, that started on July 1, 2009 allowed some federal student loan borrowers to lower their monthly loan payments, base on income and size of their families will help somewhat.

Is Taking On Student Loan Debt Worth It?

For a long time now, everyone has championed the cause of a higher education. From the time you start grade school, Americans are sold the idea that an advanced college degree will equate to a high paying job upon graduation. However, is this still true? Does a college degree equate to financial security at any cost no matter how much debt is incurred? New data suggests that taking on huge debt my not be a sound strategy for secure financial future.

Size of Student Loan Debt Increasing

Sometime ago, financing a college degree included great scholarships, grants and a small amounts of loan debt. But now with college fees and tuitions skyrocketing, and less grants monies available, most college students today are left with no choice but to take on large amount of debt.

Student Loan Debt is a Heavy Burden

So in the times we live in today we have those with college degrees that are poor, with massive amounts student loan debt, leaving more and more college grads and professionals just starting out, left out of the home buying market and unable to start a family.

Advantages of a College Education

On the other side of the debate some say that too much has been made out of the amount debt taken on by many of today’s college graduates. Many say that the amount of debt incurred by college students is over estimated and most college grads do not carry much of a student loan debt burden. Most graduating college students have a modest amount of student loan debt that is easily managed with a little effort. The average university student loan deal is about $20,000 about the same as the average car loan. A car losses value as soon as it is driven away forms the dealer, but college education is an investment in you that will gain its bearer income throughout a lifetime.

Student Loan Debt is a Lifetime Investment

If you think of a college degree as an investment, a college degree, with a $25,000 debt attached to it is a good investment and you can expect to see dividends in the future with it. The average income of someone with a degree in the America is almost $53,000 annually, with someone with only a secondary school education earning just about $32,000 every year. The advantage of a college degree is clear even with a high debt ratio because these loans will be paid for eventually.

BLS and High Paying Jobs

Most experts use the government information provided by the BLS (Bureau of the Labor Statistics) to find the highest paying jobs. The BLS puts out a report called the Occupational Projections and Training Data report each year and also a report on occupational employment statistics. These reports can be used to get information which when combined presents the highest paying jobs that new graduates in 2011 can access at the entry level.

Highest Paying Jobs require High Skilled Employees

The majority of the jobs are skill based jobs which require certain college degrees. So choosing the proper major is vital for freshmen and those switching careers. This makes these statistics provided by the government or experts more useful to those just starting there college careers than those just graduating.

Choosing the right major helps getting highest paying jobs

For many students, ideals are important as is satisfaction and money may not be paramount, however those college students that wish to be in a position to start paying off student loans soon after graduation or to make major purchases like homes or maybe a newer automobiles will be thinking along the more realistic lines.

That is why students need to be sure they are graduating with the marketable skills sets. They also need to know the types of occupations offering the highest paying compensations to qualified job seekers. Those with altruistic goals after graduation may not find this list useful but if someone want the fastest turn around on their college degree these are the occupation you want to train for. Here’s the roundup of highest paying jobs for new graduates in 2011;

• 1. Software Developer $83,000
• 2. Engineer $71,000
• 3. Network Administrator $68,000
• 4. Web Designer $67,000
• 5. Nurse $48,000

Rounding out the top 9 are paralegal, school counselor, computer specialist and estimator. The medium beginning wage for these was around $35,000 annually. So if you are graduating with any of these majors or you’re starting a college degree please contemplate the above highest paying jobs for new graduates in 2011.

Best of Luck friends !

Take a look at my picks for the 8 best iPhone apps for graduating students.

1. Bento

You want it, Bento got it! This iPhone app just does about anything and everything from tracking expenses and keeping client information to your to-do lists and a lot more. An awesome iPhone app for graduating students!

2. Evernote

Evernote is another great app for the new grad. If you need help remembering things, Evernote can help. Evernote retains everything and keeps track of it.

3. iTalk Recorder

This iPhone app is a must have for graduating students. It allows you to record notes for future use or just in case you need a reminder.

4. WorkTimer Lite

WorkTimer Lite comes in handy when you secure that perfect job upon graduation. This iPhone app tracks the amount of hours you work, so you don’t have to keep a record.

5. SugarSync

Perfect iPhone app for college graduates. This iPhone app allows you to get remote access to your home or office computer via your iPhone.

6. Google News

Google news is perfect for the college grads on the go. This iPhone app is great for staying up-to-date with the latest news from around the world.

7. Mobile Disk

You never have to worry about forgetting your files at home or work. With Mobile Disk, you can store all your important files on your iPhone.

8. Google Calendar

Google Calendar has an option to sync with your desktop calendar keeping all your appointments just a fingertip away.

Make use of these 8 best iPhone apps and let your apps do all the work for you – you’ll be glad you did !

Job Hunting Tips

Several strategies that can be implemented can assist fresh college graduates landing the best jobs. Now these suggestions are not the only measures that can be taken, and may differ from one state to another in their effectiveness. Overall, they should go a far way in you, the fresh college graduate, being employed.

1. Resume: Your resume provides your first introduction to the organization. As the saying goes “first impression is the last”. Get an interview just by the presentation of your resume. Make your resume look professional. No one wants to read a novel when they open your application. Provide only information that is important and relevant to the job. Always include a professional email address; nothing like cutiepie@whatever.com. Always remember that most organizations will not have the time to call you back. Always spell checkand proof read before submission. Always inform your references about their inclusion on your resume.

2. Research: Do some research on the organization and, if possible, those who will interview. Showing some knowledge about the organization shows a proactive attitude. While you are at it establish ways how you could be of benefit to the organization. Most employers are most interested in this aspect of the interview.

3. Start Early: Start the job hunting process as early as possible. If you know that you will be graduating at the end of the semester, start sending out applications once you have passed the halfway mark. Most companies take some time to respond. Therefore, by the time you complete your studies, you should begin to start receiving responses for your applications.

4. Networking: Networking is one of the best methods of landing jobs. Make contacts through lob seeking sites and social networking site such as Facebook, Twitter, MySpace and Google Buzz. Do not limit yourself to newspaper ads.

5. College Career Center: Always maintain a close relationship with your college career center. Colleges often get job offers from various organizations.

6. Attend Job Fairs: Most colleges and associations host job fairs. Always attend these job fairs and fill out application forms from organizations in which you have an interest.

7. Use a wide Drag Net: We will not always get our preferred job in the first go. Be prepared to seek alternative employment. This will give you some experience in the working world and more depth to your resume. It also acts as a reference about your work ethics.

8. Get used to the competition: Always remember that you are not the only one applying for the job. If one is not successful, pick your sock up and keep on chugging.