Every degree is useful depending on your talent and what you make of it. That being said there are certain ones that are probably tough to really use outside certain niche industries...i.e. fine arts stuff.
Just take a program in something you like doing or believe in. The rest doesn't matter. The money will come later. ... Except if you're taking finance... zero interest rates for the foreseeable future?... how do you think a bank will be able to afford to pay such high salaries if they are not making any profit?... food for thought.
Banks will always make profits... zero interest is what they pay you to give them your money. Then they loan it to others at 5%. It's a pretty awesome business model. Not to mention all the ridiculous fees we don't pay 'cause we're students.
LOL #7- you're pretty clueless. Good thing you're not in finance. You think banks make their money by putting their deposits in for taking measly interests?? LOL
If anything, zero interest is good, cause they can freely borrow money from the central bank. They can then invest the money in a way they want, given their risk profile. ANY return will be a profit since they're not paying any money to borrow.
If anything, zero interest from banks causes other corporations to look elsewhere to gain some sort of return on their cash reserves. Capital markets and investment banks will benefit from this cash flow input.
There are weaknesses in the current system, and bank can lose money depending the types of trades they make.. but zero interest rates like you suggested will have nothing to do with it.
History. I don't understand why anyone would want to study something that happened in the past and was already studied and explained millions of times. Such a waste of money, just go on Wikipedia and you got a history lesson for free.
I have worked in industry for a bit before coming back to do a Masters. One of the places I used to work for hired some co-ops (or maybe interns) from Mac who were doing a similar program. The problem was these juniors would come in expecting to start managing projects and people, but they didn't know how to read an engineering drawing, couldn't keep pace with the technical details of the projects, and sometimes just did not understand the business. They all ended up being let go.
I'm not saying Management Engineering is bad, but it should not be an undergrad course. It should only be taken, and offered, at the Masters or PhD level. This type of program is best taken for continuing education.
Completely depends. I'm a Masters student now, and I've started seeing many useless Masters programs here at UW offered by a number of different faculties.
A LOT of Masters programs at UW seem bullshit. One big reason is because they often are not terminal degrees. If possible, it seems best to not even do a Masters and directly go for a Phd. Even some of the 'professional masters programs' seem to be only revenue generators for UW.
The BA in general is a risky investment, although, not a useless degree by any means. I have a BA myself and I've seen both people getting really great jobs, and others getting jobs that only require a highschool diploma.
Rec & Leisure appears to be the most bullshit undergraduate program. The things they learn in 4th year are still extremely elementary. I feel it's designed for people who pursue varsity sports, and want a career as an athlete. The workload for the program seems non-existent.
Social Development Studies is useless unless you use it to get a BSW or MSW with.
Accounting is useless for personal growth or human development.
@24, 7 here again. There are multiple ways to understand the economy and such but most financial students like to regurgitate text books in lieu of critical/creative thinking. Poster 9 has proven such with their posting from a first year finance/macroeconomic text. I never said interest rates were directly related to banking hence the "..." which I put meaning eventually connected. Unfortunately that poster does not seem to comprehend the English language which is why they are in finance. Finance attracts those that need the right/wrong answer rather than critical thinking/reasoning skills.
Some questions could be why are interest rates low and what is causing them? How will this affect the economy? How are we connected to Europe and how will that affect our banking institutions? Are businesses investing in resources such as human capital? How are banks continuing to make profit outside of BRICS and Southeast Asia? What are the political factors regarding populism and nationalism surging in the Western nations and how will that affect banking? Are the majority of the banks shareholders investors seeking stable dividends or are they traders who want to make a quick buck? How do the job numbers in June relate? Why are the banks being downgraded? How does the housing bubble play into this? Etc. If you connect the pattern you will find out what will happen next with the highest probability, hence food for thought.
One needs to be adaptable and ever-vigilant to succeed in their respective fields now. Hence my appreciation for those that do what they truly love doing, what they have a passion for. If you like what you're doing then you will be inclined to further your efforts/research to become the best. When the only incentive is greed one does the least amount of work possible for the greatest gain. Plus if we look at the economics side of it if people are going into a program because of the promise of a large paycheck then the university will create more openings to accommodate the greater influx of students. More students means watered-down education but at a higher tuition cost because the university wants to make more money. The greater the amount of individuals the larger the final labour pool. Too many people and not enough positions will drive down wages which negates the entire reason for one going into the program. Again food for though.
@28 The program offered at Mac is Engineering & Management, essentially an Engineering Degree in whatever field you want, with a Business Minor. Management Engineering offered here relates more closely to Industrial Engineering, but with more emphasis on the software development and management of technology side of things.
People should post what program they are in while they make assessments of other supposedly "useless" programs. I don't think anyone can even remotely be an accurate assessor of other programs if they aren't even in it.
They become a jack of all trades, but a master of only robots. Industry will hire a mech for a mech job, an elec for an elec job, and a softy for a soft job. They are much less likely to hire 3 trons who each know less about the specific job.
To elaborate, lots of people go into Tron that are interested in one of the three, but think that it will make them more employable to have done all three. They don't realize that they get shortchanged of parts of each.
No, its really not. Studying literature is, but UW offers a program called "Rhetoric and Professional Writing", which focuses more on business writing, design, digital media, etc. Its a lot more practical.
Plus, having a co-op really helps.
I graduated from the program last year and after 4 co-ops, had no problem finding employment. A degree is what you make of it. If you do a 3 year degree in Literature and barely make it through while partying your way through it and not making any connections through co-op, then yes, it is a bullshit program.
Almost everyone that I know who finished in RPW with co-op was able to secure employment relatively quickly after they graduated.
For everyone who said rec and leisure, you are silly. All that money people save up for vacations and sports and things to do in their spare time. All that money goes to those graduates. Those graduates will always be guaranteed a job regardless of economic crisis. If you've ever played a sport or on an intramural league, think of all the money associated with that, that is going to those graduates and they don't have to work in a cubicle hating their lives. Just saying.