If you study engineering you don’t have to be an engineer. If you study music performance you don’t have to be just a performer. Here’s some tips on what you can do to explore alternative career options.
I have a theory about our generation. We might be only 20, but we’ve been exposed to so much more, experienced so much more, and stressed out more than our parents did at the same age. They didn’t have the internet, they had no cars, they generally did not have the huge expectations to succeed academically and professionally that we have these days. We’re the privileged generation. And with that privilege and opportunity comes expectations. They basically did what they wanted to - some of them made it, some of them didn’t.
Anyways, heres a website that tells you how long you’ll live as a function of some of the things I mentioned above.
Wal-Mart Expands Offerings In $4 Prescription Drug Plan
Wal-Mart Stores Inc. said Thursday it is expanding its year-old program offering $4 prescriptions for generic drugs to cover 24 additional treatments.
The additions include medicines for such problems as glaucoma, attention deficit disorder, fungal infections and acne. Fertility and prescription birth control will be included at $9, compared with national average prices of as much as $30 a prescription, the Bentonville, Ark., company said.
A total of 361 products are available at Wal-Mart pharmacies through the expansion, covering most of the commonly treated medical conditions. The plan has saved shoppers more than $600 million in its first year, Wal-Mart said.
Wal-Mart, the world’s largest retailer, began the program in Tampa, Fla., in September 2006, and had expanded it to 49 states by November. The program covers about 40% of prescriptions filled in the retailer’s Wal-Mart, Sam’s Club and Neighborhood Market pharmacies, the company said.
Drugstore chains Walgreen Co. and CVS Caremark Corp. have faced concerns that the Wal-Mart program is driving down drug prices and stealing their market share.
While antifungal Lamisil cost an average of $337.26 one month ago, its generic equivalent, terbinafine, sells at Wal-Mart for $4 for a commonly dispensed quantity up to a 30-day supply, the company said.
Wal-Mart has also introduced a similar discount program in Puerto Rico, Mexico and Brazil, the company said.
The retailer earlier this month said it improved health-care benefits for its full- and part-time U.S. employees, including a $4 co-pay for more than 2,400 covered generic prescriptions.
Money Career head hunters and recruiters. Thorough page of links to a bunch of recruitment firms placing job seekers in investment related industries like private equity, venture capital, and banking.
Just ctrl+f whatever industry your interested in to find the appropriate link.
Growth of Legal Sector Lags Broader Economy; Law Schools Proliferate
David Burcham, dean of Loyola Law School in Los Angeles, considered second-tier, says the school makes no guarantees to students that they will obtain jobs. He says it is problematic that big firms only interview the top of the class, “but that’s the nature of the employment market; it’s never been different.”
On the supply end, more lawyers are entering the work force, thanks in part to the accreditation of new law schools and an influx of applicants after the dot-com implosion earlier this decade. In the 2005-06 academic year, 43,883 Juris Doctor degrees were awarded, up from 37,909 for 2001-02, according to the American Bar Association. Universities are starting up more law schools in part for prestige but also because they are money makers. Costs are low compared with other graduate schools and classrooms can be large. Since 1995, the number of ABA-accredited schools increased by 11%, to 196.
Yet economic data suggest that prospects have grown bleaker for all but the top students, and now a number of law-school professors are calling for the distribution of more-accurate employment information. Incoming students are “mesmerized by what’s happening in big firms, but clueless about what’s going on in the bottom half of the profession,” says Richard Sander, a law professor at the University of California-Los Angeles who has studied the legal job market.
lots of blogs have covered this stuff. Here’s one that covers how to push the buttons of the people your interviewing with, all the way up the ladder. Links for similar articles regarding your resume, the phone screen and beyond are included as well.
Facebook seeks a valuation of 10 billion dollars. They are looking to raise $50 to $250 M from investors. That means $250M will only buy investors < 2.5% stake in the company.
“The prevailing wisdom from other VCs was that Facebook would probably be capped at a $200-300M exit, and hence a 2-3X return was not high enough to justify the risk, given the youth and inexperience of the Facebook founders. ”
VCs didn’t spend enough time on Facebook.
Heres an Overview of the Seven Habits of Effective People.
Managing a socially responsible investment fund is one of the new learning experiences the University of California, Berkeley’s Haas School of Business is offering its graduate students for the first time this fall.
The new Haas Socially Responsible Investment (HSRI) Fund came about thanks to a $250,000 gift from Haas School alumnus Charlie Michaels and his wife, Doris. Charlie Michaels earned his undergraduate business degree at the Haas School in 1978 and now serves as the president of Sierra Global Management, an investment management firm in New York City.
The fund will be managed by UC Berkeley MBA and Master’s in Financial Engineering (MFE) students with the advice of an investment advisory committee and a Haas School faculty advisory committee. Its investment philosophy will be to achieve a balance between financial and social or environmental performance.
Interesting idea. On top of generating returns you must also be socially responsible.
In light of all this anti-MBA sentiment of late (opportunity costs, dime a dozen, blah blah), here’s one MBA that definitely has a defined purpose that can set you apart from all the others. If your headed towards a career in Asia, then it’d probably be a good idea to get your MBA in China. China Europe International Business School (CEIBS), based in Shanghai, is probably the place to go. It was ranked 11th in business schools worldwide by FT.com. Adding this MBA to your stockpile of degrees would be a great way to leverage your international background and transition your career to Asia. Here’s a description from CEIBS MBA site:
“CEIBS offers a world-class, 18-month, full-time MBA programme taught in English and designed to prepare talented young people with career aspiration, managerial potential, and international orientation for a career of global business leaders in the future. It aims primarily to enhance the student’s ability to identify and utilize business opportunities, solve complicated business problems, motivate people, and develop organizations. CEIBS MBA programme pays particular attention to its participants’ leadership, professionalism, sense of social responsibility, cross-cultural competence, and entrepreneurial spirit.”