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The Benefits of Pursuing a Double Major in College for Career Security

2024-02-11 12:18:30.428000
[num] Forbes

The debate on whether psychology should be considered a STEM major is ongoing. Recently, psychologist Adam Grant advised parents not to push their children to choose a 'practical' college major, emphasizing the importance of a broad education. Grant argues that a liberal arts education, including psychology, can provide valuable skills for both careers and personal lives. He highlights that employers value well-rounded candidates who can think critically, communicate clearly, and solve complex problems. While some successful entrepreneurs have opposing views on education, Grant believes that a practical major is not the only path to success. He encourages students to be curious and courageous in their choices, setting themselves up for success in both their careers and as individuals.

The undervaluing of psychology's scientific worth has been a point of contention. Understanding human behavior is just as important as understanding physical phenomena. Psychology intersects with natural sciences, particularly in research methodologies. The lack of recognition of psychology as a science limits opportunities for students, such as scholarships and work authorizations. Psychology adheres to the scientific method and deserves more recognition.

A new study published in Forbes suggests that pursuing a double major in college can provide career security. The study found that college graduates with two majors or a dual degree are 56% less likely to suffer significant disruptions to earnings than those with a single major. The research indicates that diversifying one's human capital portfolio can provide reduced volatility in career paths. While the study did not determine whether the diverse interests and talents that lead to a double major are the cause of career protection or if the extra major itself provides a shield, experts believe that a double major offers more opportunities and a wider set of high-level skills and knowledge. This career protection can be especially valuable in the age of artificial intelligence, as it allows for easier adaptation to changes in the job market.

The number of undergraduates pursuing double majors has been steadily increasing, with over 100,000 students earning a second major in 2022, a 66% increase since 2002. Successful business people, such as Coinbase co-founder Fred Ehrsam and SHI International CEO Thai Lee, have graduated with double majors. The combination of majors in liberal arts and technical fields is particularly valued in the tech industry. Double majors also provide unique perspectives and expertise that can be attractive to employers. Completing a double major requires organization, hard work, and determination, but it can provide a holistic vision of career goals. Advanced Placement (AP) courses in high school can provide more flexibility for students to complete a double major. While some students choose majors based on job market trends, the increased earnings protection for double majors cannot be solely explained by selection bias. Previous studies have also found that double majors have higher earnings. Overall, pursuing a double major can offer career security and open up more opportunities for graduates. [9da3dfb1]

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.