The Most And Least Lucrative College Majors

Your college major has a bigger effect on your income than where you go to college.

We reported on this story last month, and ran a graph of the most and least lucrative college majors.

But the graph, based on research out of Georgetown, was limited to people who had only a bachelor's degree. People with graduate degrees were excluded from the data.

We were curious: How much would the picture change if you included all college grads — those with graduate degrees as well as those with bachelor's degrees alone?

The researchers at Georgetown's Center on Education and the Workforce were good enough to crunch the numbers for us. Here are the results.

All Graduates

Source: Georgetown Center On Education And The Workforce   Credit: Quoctrung Bui / NPR

For comparison, here's the graph we ran last month — the one that shows bachelor's degrees only.

Bachelor's Degree Only

Notes

Figures are median income for all full-time workers with bachelor's degrees in each subject. Workers with graduate degrees  are not included in the data.

A couple interesting details in this comparison:

1. Petroleum engineers don't get richer (at the median) when you include those who went to grad school. A researcher at Georgetown suggested this might be because those who go to grad school are more likely to work in academia, where wages are often lower than those in the private sector.
2. Health and medical preparatory programs are near the bottom of the list for those who have only bachelor's degrees, but at the top of the list when you include all grads. This makes sense — the major is to prepare students to get M.D.s and other graduate-level degrees. So when you only look at students with bachelor's degrees, you're missing a key part of the picture.
3. Counseling psychology — at the bottom of the list for those with only bachelor's degrees — also gets a big bump when you include all graduates. This is basically the same story as health prep programs: To pursue a career in the field, you basically need to get a graduate degree.

Fuente: NPR - planet money

RESPECT, according to Dilbert

RESPECT, according to Dilbert

RESPETO, según Dilbert

Created by Scott Adams, Dilbert is about the world's most famous -- and funny -- dysfunctional office

Global Economy: are Australia and Canada the Best Places to Live in the World?

The latest EIU ‘liveability’ report gives high scores to Australian and Canadian cities, whilst Europe and USA’s fall down the league table.

The recently published Economist Intelligence Unit (EIU) global “liveability” study has placed an incredible 4 Australian cities in the top 10. Canada also scores extremely highly with 3, whilst Vienna and Helsinki were the only two European cities which managed to make the cut.

The survey takes into account things like the availability of goods and services, personal risk, and the efficency of a city’s infrastructure. It does not take into account climate or the cost of living as a factor in 'liveability. The scoring system also takes away points for things like high crime levels, the terrorism threat and the risk of civil unrest.

Australia’s high ranking in this particular survey comes down to a number of factors. Economist Intelligence Unit (EIU) survey editor Jon Copestake says:

"Australian cities continue to thrive in terms of liveability - not only do they benefit from the natural advantages of low population density, but they have continued to improve with some high profile infrastructure investments,"

Melbourne's score of 97.5 per cent is close to the perfect score, with the city only losing points for things like, culture and petty crime. Adelaide lost points on culture and environment but new infrastructure in the city pushed it above Sydney. The harbour city (Syndney) scored well in healthcare, education and infrastructure but was regarded the least stable among the Aussie cities in the top spots. in a survey which takes away points considers crime, the terrorism threat and the risk of civil unrest.

On the other hand European and US cities did not fair so well. Manchester was rated as the UK’s most ‘liveable’ city at number 52, whilst London which has recently basked in Olympic glory could only manage number 55. Both city’s fall in rankings was partly due to last year’s riots.

The EIU report, which describes the concept of livability as simple, is compiled for business people from western countries and used to work out hardship allowances as part of an expatriate's relocation package. The report's authors say that the survey quantifies the challenges that might be presented to an individual's lifestyle in 140 cities worldwide. Seen from such a western perspective, it is therefore not surprising that the survey's top cities are all located in wealthy western countries. The cities that do best in this ranking are mid-sized conurbations in countries with low population densities. Such conditions are likely to result in low crime levels, functioning infrastructure and easily available recreational activities.

The best 10 cities to live in, according to the Economist Intelligence Unit global 'liveability' study are:

1. Melbourne, Australia
2. Vienna, Austria
3. Vancouver, Canada
4. Toronto, Canada
5. Calgary, Canada
6. Adelaide, Australia
7. Sydney, Australia
8. Helsinki, Finland
9. Perth, Australia
10. Auckland, New Zealand

Fuente: Study International

INNOVATION, according to Dilbert

INNOVATION, according to Dilbert

INNOVACIÓN, según Dilbert

Created by Scott Adams, Dilbert is about the world's most famous -- and funny -- dysfunctional office

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INICIA Lunes 21 de Abril de 2014 en UTN, Universidad Tecnológica Nacional

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Strategic Management (Part 1):

InterCultural Communication

You might hear this phrase and go: “Intercultural communication? What’s that exactly? And why should I care?” At first glance, your reaction is entirely understandable…

THEORIES OF CULTURE: ICEBERG OR ONION?

A helpful alternative to the “iceberg model” is to imagine a country’s culture as an onion. Culture is not something you can measure. It is, mostly, invisible and implicit, but these invisible values guide behavior and interactions in the social world. However, like an onion, you can “peel” culture and strip down its layers.

The outermost layer of the “onion”, i.e. of a foreign culture, is indeed what you can see, hear, and touch: its artifacts, products, and rituals. For example, a Japanese Shinto shrine is an artifact from that culture, a bento box full of sushi is a typical product, and the tea ceremony is a traditional Japanese ritual.

The next layer of a culture consists of its systems and institutions. One could describe the US government, with its three branches and its principle of checks and balances, as an institution that’s clearly important to lots of US Americans.

Systems and institutions, in turn, are based on certain beliefs, norms, and attitudes. To stay with our previous example, the US government: The way it is organized has its roots in specific beliefs like the following: Democracy is a good thing, and every citizen should have a say in government. The government, however, shouldn’t have too much power and interfere too much in the life of its citizens.

These beliefs then stem from the core of the “onion”, the most basic values of any culture. In the US example, one of these values would be the freedom of the individual – something that might be of less relevance in the unspoken core values of other cultures.

Five Dimensions of Cultural Core Values

It’s that core that is both the hardest to get at and the most influential element of all. In the field of intercultural communication, it has become usual to profile the core values of a culture according to several dimensions:

1. Identity or individualism vs. collectivism: What matters more to a person from that culture – their own personal wants and needs or the social harmony of the group they are currently a part of? The United States and Japan could be seen as examples of an individualist and a collectivist society, respectively.
2. Hierarchy or power distances: Do people treat each other in a relatively egalitarian manner, or are status and seniority very important?  The Scandinavian countries are frequently cited as egalitarian cultures whereas Chinese culture emphasizes the importance of hierarchies.
3. Truth: This has nothing to do with truth in its philosophical sense. The dimension is also called uncertainty avoidance vs. uncertainty tolerance. People from the first kind of culture simply don’t like uncertainties. They want to know what exactly is appropriate and right. Rules and structures are essential, while ambiguity, unfamiliar risks, and differences may upset them. Germany would be a classic case of an uncertainty-avoidance culture. People from uncertainty-tolerance cultures tend to fare better with spontaneity, flexibility, and relativity.
4. Gender or masculinity vs. femininity: The original researchers found that some cultures appreciated values they (the researchers) associated with men while others valued things that the researchers commonly ascribed to women. Achievement-oriented vs. care-oriented would be a clearer way of describing these cultures. An achievement-oriented (or “masculine”) culture emphasizes competition and success. Care-oriented (or “feminine”) societies, on the other hand, prefer equality and solidarity. Among European cultures, for instance, the Netherlands are characterized as more “feminine” than Switzerland or Britain.
5. Virtue: Again, we aren’t talking about virtue in an ethical sense here. It’s more about which basic behavior a certain culture likes better: that which brings long-term benefits or what benefits you immediately. Therefore, the virtue dimension opposes “long-term oriented” to “short-term oriented” cultures. A long-term oriented culture holds hard work, frugality, fulfilling one’s goals, and never giving up in high esteem.  Short-term oriented cultures rather value a person’s dignity or “face” in a specific context, social demands, and immediate reciprocity.

Some researchers occasionally add a sixth dimension to this model, i.e. universalism vs. particularism. However, the five-dimension model is the most common one. There are even smartphone applications, such as Culture GPS Lite, which deliver the dimensional scores of selected cultures from Geert Hofstede’s original study to your mobile.

Fuente: InterNations

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VACATION POLICY, according to Dilbert

VACATION POLICY, according to Dilbert

POLÍTICA VACACIONAL, según Dilbert

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INICIA Lunes 11 de Noviembre, y sólo quedan 4 vacantes...

Juegue al tenis y aprenda de Negocios

El deporte en general siempre deja alguna enseñanza. En este caso, la famosa actividad de pelota y raqueta puede ofrecerle lecciones importantes para su desempeño en los negocios

A la hora de tomar decisiones financieras, usted debe transformarse en Roger Federer, ya que aunque parezca sorpresivo, el comportamiento que debe tener usted en los negocios se parece bastante al que tiene un jugador de tenis en un partido. Esta premisa, hace hincapié en que disposiciones como, la racionalidad, practicidad y reflexión, son claves a la hora de impulsar el éxito en sus finanzas personales.

A continuación se enumeran una serie de consejos del tenis que se pueden aplicar a los negocios. Descubra cuáles son e impleméntelos en su vida cotidiana:

Paciencia: Para ganar 6-0 6-0, hay que empezar a sumar de a 15

Todo jugador de tenis sueña con ganar su partido  6,0 6,0, (resultado excelente), pero, tenemos que saber que para lograrlo debemos empezar a sumar de a 15. Así como también saber aceptar que algunos 15 nos puedan sumar en contra.

En la vida personal, pasa lo mismo. Todos soñamos con que cada proyecto, negocio, o trabajo que se emprende tenga un resultado excelente. Y eso no esta mal. Según explica Salas, “en procesos a largo plazo tenemos que saber sumar de a un paso por vez. Saber además que algún día el paso no va a ser para adelante y que van a existir días en que notemos que algún paso nos llevo para atrás”.

Equilibrio: Armar una estrategia

Antes de empezar a jugar un partido de Tenis es necesario armar una estrategia.

Repasar cuáles son sus mejores golpes. Si el drive, el revés, el saque o lo que sea. En los negocios, también tenemos que armar una estrategia antes de empezar a desarrollarlos. Debemos ordenar cuales son nuestras cualidades, nuestras fortalezas, virtudes, así también cuales nuestras limitaciones.

Atención: Mirar todo el tiempo la pelota

Cada vez que la pelota pasa por encima de la red, es una situación diferente de partido, porque como mínimo cambio una sola cosa.

La pelota que estaba de un lado de la cancha ahora se encuentra del otro lado. Pero en realidad cambia la situación y con ella muchos factores.

La vida no es estática y pasa muy rápido. El problema es que en la vida no nos acostumbramos a los cambios. Por lo general hacemos una imagen de las cosas y no queremos que nada cambie. Si el resultado es el esperado, tratamos por todos los medios que nada ni nadie cambie esa situación. Pero en el proceso de cada proyecto, también cambia constantemente el objetivo. Todos los días, a cada hora, a cada minuto  o a cada segundo.

Reacción: ¿Qué hacer cuando el partido va mal?

Cuando esto sucede en tenis, lo aconsejable es tratar de enfriar la mente, tratar de saber que es lo que esta sucediendo y rearmar la estrategia  fijada antes de entrar a la cancha. 

Por todos los medios hay que enfriar el partido, sea como sea.

En los negocios sucede más o menos lo mismo, pero no nos detenemos a enfriar la mente. Creemos que podemos con todo y por lo general no ponemos la mente en frío. Tratemos de ver que esta sucediendo, tratemos de analizar la situación y recién ahí armemos una estrategia de cómo seguir.

Fuente: InversorGlobal

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INICIA Lunes 4 de Noviembre, y sólo quedan 4 vacantes...