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My daughter is early in her high school career but we recently had a discussion around majors/career paths and I am looking for input. What are some of the best major/career paths that balance income with quality of life?
Daughter wants to obviously make good money but doesn't want to do 8-10 years of schooling. She's good at math so we've talked about CS, finance, engineering, accounting (which of course are super competitive) but what career paths are traditionally high-earning but still have a "good" quality of life component to it. I know it's subjective but we define good income as mid $100s within 5-7 years or so of graduation and quality of life as work/life balance, job security, satisfaction, low stress, etc. What career paths have you talked to your kids about that balance the two? |
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Data Science
Finance (Business) Analytics Engineering (Chemical, Aerospace, Elect., Computer, etc.) CS and related. Finance/Business related field is little more school sensitive |
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I am 50 years old (for the context). I was always good at math, so 30+ years ago when I was making my choices, everyone urged me to go into CS.
One very wise woman who was in CS and was in her 40s at the time steered me a different way. She told me that the key to a good life work-wise is to pick a job with relatively high barriers to entry and, especially for a woman, where your age adds to your value. Basically something where you can't mint a bunch of qualified people in a couple of years, and where what you knew 10 years ago is beneficial to your work. CS is failing spectacularly on both counts. I became an actuary. This will not work for your daughter since she doesn't want additional study, but I seriously urge her to consider what my mentor said. |
I'm 51 years old. CS was high barrier field for woman at the time, and still is for many people. It's hard to even get into the major these days. I'm a database developer/engineer highly respected in the field making close to $200K Working from home full time. Different people have different perspectives. |
| If you have no idea what you want to do for a living, Economics. Can’t go wrong. An understanding of economics helps you with everything. |
LOL actuary is probably one of the first jobs going away with AI |
| With AI around the corner, a high degree of abstraction is a good bet. You can't beat the SCAMP majors (Statistics, Computer science, Applied math, Math, and Physics). |
Statistics and data science are about to drastically change. Very large data sets is where AI really shines. |
My kid chose Econ + Data Science minor. It's a great combination, but school prestige matters a bit for econ. |
| Dearly high school I would tell her her job right now is to keep an open mind and try lots of things. |
I have to agree that school prestige matters. Econ from Chicago or Harvard or MIT is going to be viewed very differently than random econ degree. |
+1, I think the more AI-resistant skill is to be able to explain and contextualize data. Thus I'd encourage a double major in something math-oriented, and an English/Communications degree (gasp!) because there will always be jobs for people who can write/communicate clearly about what all this data we have collected and analyzed actually means. |
I specifically did not recommend data science. That's a soft major trooper for the plucking. |
| Art history |
Still much harder than english history communications etc. |