Chutes & Corporate Ladders
Start here. So what does it take to get from the ground level to the top of the ladder? You're about to find out. (Scroll to the bottom of the page to get started)
- Don't even think about applying without that certificate or degree. With a Bachelor's degree in Business, you're prone to more job opportunities and higher pay.
- The exceptions. Two of the most influential people in America over the last 20 years both dropped out of college (Mark Zuckerberg, Steve Jobs). Don't try this at home kids - we can't all be college-dropouts billionaires.
- Let the numbers speak for themselves. Unemployment rate: 1) Bachelor's degree - 3.3%; 2) High-school diploma - 5.5%.
- One step closer, one step higher (entry-level careers). You got the education you needed, but you're not quite where you want to be. everyone starts somewhere.
- Told you so. Doogie Howser, M.D. Impersonate a fake position & face the consequences. Faux teen doctor, Matthew Scheidt, tried to be the real-life Doogie Howser but ended up behind bars.
- You can't live the movie life. As difficult as it is to advance in your career, faking an executive position to rise through the ranks like Michael J. Fox in the 80's flick "Secret of My Success" isn't feasible in real time, and there's
definitely no happy ending involved.
- Got 5+ years under your dress belt? (Mid-level careers). Your Bachelor's degree can get you up that ladder, especially after you've got half a decade's worth of experience up your Oxford shirt sleeves.
- Hairs to the retail throne. Walton's heirs, Jim (9th), Alice (10th) and Christy (6th), are 3 of the top 10 richest people in America.
- Wally's world. "Save money. Live better" - Sam Walton. The Oklahoma native took his undergraduate degree and formed Wal-Mart, the biggest retail store in America.
- Truly master your career (Graduate school). Feel like you've hit the ceiling in your current career?
- Degree holder's median pay: 1) Business administration 0 $70k-$110k; 2) Finance - $80k.
- You're almost there. Top 10 highest-paying graduate degrees in the United States: 1) Business Administration Degree (3rd); 2) Finance degree (7th).
- Top dogs (C-level careers): 1) CEO - Chief Executive Officers; 2) COO - Chief Operating Officers; 3) CFO - Chief Financial Officers.
- Highest-paid CEO with an MBA - $87.489.469. It may not be billionaire status, but seriously? Going back to school to get that MBA is sounding better by the minute.
- CEO's with MBA's: 1) Michael S. Jeffries (Abercrombie & Fitch); 2) Glen T. Senk (Urban Outfitters); 3) Warren Buffett (Berkshire Hathaway Inc); 4) David Koch (Koch Industries Inc)
The world of business is anyone's game. Some people are born into fortunes; others spend their life savings believing in their entrepreneurial endeavors. Some companies succeed, while many more fail. With so many ifs, one thing is
for certain - business isn't easy. It takes a lot of hard work, knowledge and skill to climb to the top and stay there.
Brought to you by: Southern Nazarene University | Sources: http://www.payscale.com/research/US/Employer=U.S._Department_Of_Labor/Salary; http://www.ehow.com/facts_5872727_important-earn-bachelor_s-degree_.html;
http://www.clickorlando.com/news/29410282/detail.html; http://master-degree-online.com/ten-highest-paying-graduate-degrees; http://www.forbes.com/forbes-400; http://www.forbes.com/forbes-400/#p_1_s_rank_All%20industries_