Magazine article Black Issues in Higher Education

Combined Science, Management Degree Provides Career Edge, Study Says

Magazine article Black Issues in Higher Education

Combined Science, Management Degree Provides Career Edge, Study Says

Article excerpt

NEW YORK

A new master's degree - combining business and management expertise with scientific and technical study - is giving many graduates a head start in getting hard-to-find jobs in high-tech industries, according to a study by the Conference Board organization.

The study reported that students earning "Professional Science Masters (PSM)" degrees, a program launched by the Alfred P. Sloan Foundation in 1997, are doing well in securing jobs. This is particularly true in the biotech industry, where employment has more than doubled to 191,000 jobs over the last decade.

A survey of PSM graduates shows that about 90 percent got jobs in their chosen fields. About 39 percent identified biotechnology as the industry where they are now employed or are seeking jobs. This is more than twice as many as the second most-cited industry, computer hardware and software. Among other industries named were business services and chemical and biopharmaceutical.

"The growth of high-tech industries depends greatly on availability of a work force that is adequate not just in numbers but, more importantly, in professional scientific qualifications," says Cassandra Simmons, a consultant to the Conference Board. …

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