4 ms·

3 things: MBAs, Finance and Consulting. Engineering filters heavily for analytical skills and is math heavy.

by 908B64B197 6y ago

HarryHirsch 6y ago
That's one problem right there: overfinancialization crowding out the productive economy.
- 908B64B197 6y ago
  I'd be curious to interview incoming freshmen. I'm sure there's a percentage of them enrolling in engineering with absolutely no intention of practicing it either.
  - smnrchrds 6y ago
    > I'm sure there's a percentage of them enrolling in engineering with absolutely no intention of practicing it either. Yes. And that percentage is 1%. Figure 1 in the linked report addresses this. Intents of 2013 Ontario engineering students after graduation to work in engineering: - 57% Yes, I definitely will - 35% Yes, I probably will - 7% No, I probably won’t - 1% No, I definitely won’t
smnrchrds 6y ago
All of those are among the professions which require a degree. The 1/3 who end up in professions that does not require any degree are not those who have gone into management or finance.
- 908B64B197 6y ago
  Ahh I didn't realize. I assumed it was professions that have a licensing requirement where you must have a specific degree (like having an MD to practice medicine) vs some areas of finances where you don't need a particular diploma to pass the required SEC exams or certifications.
  - smnrchrds 6y ago
    I have not read the full methodology. But if I were to make an educated guess, I would say they used NOC (National Occupation Code) for determining what does or does not require a degree. NOC divides all occupations into 4 skill levels, from A (occupations that usually require university education) to D (occupations that usually do not require even a secondary school diploma). Most probably, they used the same framework and tallied the number of people in engineering, other A level occupations, and everyone else. Finance and consulting are definitely A level. https://noc.esdc.gc.ca/Structure/NocProfile/36841eebd34e457e9ed5a16fda9145e9?objectid=uSzBscPUpnD%2FtIHmYZbYdC7VIbH9efXmkHNhOllqcTPi90qqDDAgavVV1ws4JDVW4p50puJD2UaF7d8B6YVfSXbb2pWkDSIFR%2FcMldBT6Rs%3D https://noc.esdc.gc.ca/Structure/NocProfile/36841eebd34e457e... https://noc.esdc.gc.ca/Structure/NocProfile/f9c47da9dd2644f399e41adcc0635961?objectid=hTVs7PvQQWa2ZOTc%2B2HYbbREtRxtS7KPIZw16ilnuu4ktymb2AKZjmbap%2FFvDdmT https://noc.esdc.gc.ca/Structure/NocProfile/f9c47da9dd2644f3...
    - 908B64B197 6y ago
      Makes more sense, thanks!

3 things: MBAs, Finance and Consulting. Engineering filters heavily for analytical skills and is math heavy.

HarryHirsch 6y ago

That's one problem right there: overfinancialization crowding out the productive economy.

908B64B197 6y ago
I'd be curious to interview incoming freshmen. I'm sure there's a percentage of them enrolling in engineering with absolutely no intention of practicing it either.
- smnrchrds 6y ago
  > I'm sure there's a percentage of them enrolling in engineering with absolutely no intention of practicing it either. Yes. And that percentage is 1%. Figure 1 in the linked report addresses this. Intents of 2013 Ontario engineering students after graduation to work in engineering: - 57% Yes, I definitely will - 35% Yes, I probably will - 7% No, I probably won’t - 1% No, I definitely won’t

smnrchrds 6y ago

All of those are among the professions which require a degree. The 1/3 who end up in professions that does not require any degree are not those who have gone into management or finance.

908B64B197 6y ago
Ahh I didn't realize. I assumed it was professions that have a licensing requirement where you must have a specific degree (like having an MD to practice medicine) vs some areas of finances where you don't need a particular diploma to pass the required SEC exams or certifications.
- smnrchrds 6y ago
  I have not read the full methodology. But if I were to make an educated guess, I would say they used NOC (National Occupation Code) for determining what does or does not require a degree. NOC divides all occupations into 4 skill levels, from A (occupations that usually require university education) to D (occupations that usually do not require even a secondary school diploma). Most probably, they used the same framework and tallied the number of people in engineering, other A level occupations, and everyone else. Finance and consulting are definitely A level. https://noc.esdc.gc.ca/Structure/NocProfile/36841eebd34e457e9ed5a16fda9145e9?objectid=uSzBscPUpnD%2FtIHmYZbYdC7VIbH9efXmkHNhOllqcTPi90qqDDAgavVV1ws4JDVW4p50puJD2UaF7d8B6YVfSXbb2pWkDSIFR%2FcMldBT6Rs%3D https://noc.esdc.gc.ca/Structure/NocProfile/36841eebd34e457e... https://noc.esdc.gc.ca/Structure/NocProfile/f9c47da9dd2644f399e41adcc0635961?objectid=hTVs7PvQQWa2ZOTc%2B2HYbbREtRxtS7KPIZw16ilnuu4ktymb2AKZjmbap%2FFvDdmT https://noc.esdc.gc.ca/Structure/NocProfile/f9c47da9dd2644f3...
  - 908B64B197 6y ago
    Makes more sense, thanks!