Are you experiencing “major” regret? Federal Reserve reveals most and least-regretted areas of study among college graduates
RAPID CITY, S.D.– According to a survey by the Federal Reserve, nearly two in five college graduates with a bachelor’s degree regret their choice of major. Of the people surveyed, humanities and arts majors rounded out the number one most-regretful, with many wishing they had chosen to go into a different field. Engineers however were the happiest with their decision. Only 24 percent of engineering majors wished they had not chosen to study engineering.
And at South Dakota Mines, many alumni in attendance for Tuesday’s career fair felt the same way.
‘”Just in a wide variety of different fields and roles and doing different things,” Mines Alum and former Chemical Engineering Major student Ventura Thomas said. “I think it only opens doors and career opportunities even if they are not directly in the field of engineering.”
In regards to engineering and all of the fields of study offered at the school, there is a 97-percent placement rate. For graduating students, this means that nearly all of them will leave the school with a job in their respective field of study or will be moving on to graduate school. The average starting salary for a Mines graduate is close to $70,000.
According to officials and alumni, one of the biggest factors that grabs an employer’s attention for hiring new people from the school in engineering or any other field is the work experience most students obtain during their time at school.
“I got to work directly in the oil manufacturing process,” Thomas recalled, working for a company in Ohio. “Helping understand how to improve the process, ways to make it more efficient. All of the stuff that they teach you in class, but you get to see it hands-on.”
As for the high satisfaction rate, the school credits competitive starting salaries and high job placement rates, not to mention feelings of accomplishment and satisfaction..
“Their work is meaningful and they find job satisfaction in what they are doing,” Director of Career Services Matthew Hanley said. “They are helping people, they are building stuff, they are improving infrastructure. There is just a lot of personal satisfaction that comes from meaningful work.”