Presentation on theme: "1.1.2.G1 DO NOW SILENTLY & INDEPENDENTLY, in today’s section of your Do Now sheet, in 3-4 sentences (listing 1 example of each) describe the difference."— Presentation transcript:
College and Career Research 1.1.2 Family Economics and Financial Education Take Charge of Your Finances
DEGREES 1.HS DIPLOMA 2.ASSOCIATE’S – 2yrs (60 credits) Every college class is 3 credits Typical semester is 5 classes or 15 credits 2 Semesters in a Year One year = 30 credits 3.BACHELOR’S – 4 yrs 1.120 credits (40 classes) − 20 major classes and 20 general education classes − When you take classes and either FAIL or they don’t count towards your major….you are prolonging your time in college 4.MASTER’S – 30 credits (10 classes) 5.DOCTORATE – 3-5 years after Masters degree Financial Industry certifications CFP: CERTIFIED FINANCIAL PLANNER SERIES 7 – LICENSE TO TRADE STOCK CPA: Certified Public Accountant − The more education, the more salary you are worth
HOW TO PAY 1.FINANCIAL AID – you borrow money − From Government: SALLIE MAE Tends to have the lowest interest rates − From Private Lender: Bank 2.SCHOLARSHIPS – contingencies Ex - Must earn at least a 3.3 GPA or you will lose money 3.GRANTS – free money, no contingencies 4.know!
1.1.2.G1 Human Capital Human capital is defined as the skills acquired through the process of self investment. − Education and Experience Provides for the future: − Greater range of opportunities − Greater career success What are some ways to invest in one’s self now?
1.1.2.G1 TODAY’S ASSIGNMENT Using CNN’s list of top rated careers (shared with you), find two (2) that best match your interests − Using www.bls.gov, find a thorough job description, educational requirements, salary range, and overall job outlook for that careerwww.bls.gov Come up with four (4) additional careers Complete the “Career Research Project” − Save as yourlastname.CareerResearch & share with me when complete – due by beginning of tomorrow’s class
1.1.2.G1 Healthcare occupations comprise 12 of the 20 fastest growing occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1 Computer occupations account for 5 out of the 20 fastest growing occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1 Occupations projected to Grow Fastest, 2004-2014 In groups of 2-3 hypothesize why health care positions and computer/technology positions are growing so fast These combined jobs will add more than 1.8 million new jobs Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1 Increases in employment: health education, sales, transportation, office and administrative support, and food service
1.1.2.G1 Job Declines projected 2004-2014 Declining occupational employment stems from: − declining industry employment − technological advancements − changes in business practices The majority of declines are office and administrative support and production occupations − Increasing plant and factory automation − Implementation of office technology
1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014