This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

4 Reasons Tech Students Get to Feel Superior

NEW YORK ( TheStreet) -- There was good news on the employment front as the economy generated more than 200,000 jobs in October. But for college graduates looking for jobs, it's tough even with a hard-earned diploma in hand.

According to the Center For College Affordability, about 5 million college graduates are stuck in jobs that don't even require a high school degree, and 48% of U.S. college grads are in jobs that don't require a college degree.

Some graduates are doing better than others.

One of the shortest paths to a stable, lucrative career is by targeting a career in information systems, with 61% of IT grads getting one "guaranteed" job offer, according to a study by the Association for Information Systems and Temple University's Fox School of Business covering 48 universities and 1,200 students. In it, researchers make a compelling case that an information technology degree can really pay off for college grads.

From the study:

  • 1. Overall job placement levels in the IT industry are "healthy," with an overall job placement level of 78% for those with a college degree (although the study doesn't say how long it takes to get placed).
  • 2. Undergraduate and graduate IT students fare well right out of the gate in terms of salary. Undergrads walk into technology industry jobs that pay $57,212, on average, while students with a master's degree earn, on average, $65,394 annually.
  • 3. Most IT grads find industry posts linked closely to their college degrees; 73% of new graduates find landing spots in the most common areas of information technology, financial services IT, systems analysts and business and consulting services.
  • 4. A major plurality (76%) of college students who land an IT job seem to love their jobs, while another 73% believe they'll have a long future in the industry.

Getting a job with a sheepskin and a degree that often costs more than $50,000 is not easy today. But you can increase your odds if you target your career to track where the jobs exist. Many of those jobs are in information technology -- and will likely stay there for years to come.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs