A wide-ranging education still opens doors
As one expert observes, 'Rapid technological change makes the case for (academic) breadth even stronger. A four-year college degree should prepare students for the next 40 years of working life, and for a future that none of us can imagine.'
You鈥檇 expect听Forbes, the iconic business magazine, to herald careers in finance. You might not expect Forbes to argue that a liberal-arts education is not only a good way, but, in fact, the听产别蝉迟听way to launch a career in finance. Yet it did just that.
I write to share this and other things should be unsurprising. A sizeable body of research shows the enduring value of a liberal-arts education.
Writing in听听in August 2021, George Malkin, quantitative finance program director at the Stevens Institute of Technology, noted that college graduates who earn degrees in engineering, science and technology tend to earn higher starting salaries than those who study, say, English, history or sociology.听
But in the field of finance, he contends, success depends on 鈥渢he ability to cast a broad net and to understand and stay open to events and developments in all areas of the economy. And to see and understand the interconnections.鈥