Overview

According to the Blake School’s website, “all seniors devise their own course of study for their Senior Program.” As part of the General Education requirement, all seniors, with few exemptions, are required to take the course Senior Seminar: Communication & Society.  Senior Program is part of the course’s curriculum, and Blake’s course catalog defines it, “An individual learning opportunity that offers students the space and time to execute a self-designed project that falls outside the standard school day and/or curriculum.” 

For the past few months, I have worked hard to write a persuasive project proposal, followed by an oral defense to a committee of faculty and administrators. After receiving a full pass, for the last two weeks of May, I worked on my project entitled Overcoming Millennial Crisis (OMC): 101 guide to internships and jobs. 

According to Goldman Sachs, a multifunctional finance company, millennials are a generation born between 1980 and 2000. Growing up, using the internet and smartphone, we’re a first generation of digital natives. In 2014, Council of Economic Advisers reported 61 percent of adult millennials attended college, whereas only 46 percent of Baby Boomers (1946-1964) did in 1980. However, encumbered with debt, millennials had a mean student loan balance of $20,926 in 2013, versus $10,649 in 2003, according to Goldman Sachs . High unemployment rate and smaller incomes leave millennials with less money than previous generations. A data on mean income for 15-24 year olds as a % of total population reported 64% in 2012 versus 69% in 2000. It’s not surprising to hear that millennials snug in their nests for a longer time. About 29.9% of ages 18-34 year olds reported they live with their parents, in comparison with 26.8% in 1990.

At a time, when the job market is competitive than ever, it’s too late to start marketing ourselves upon graduating from university. In order to combat the harsh reality millennials are expected to face, I thought it was appropriate to organize a program that tackles career exploration & development.

For ten days, I met professionals ranging from the Director of Career Development Center at the University of Minnesota’s Carlson School of Management to the Chief Financial Officer (CFO) of Target Corporation to ask them about in-demand skills, résumé writing, mock interviews, and evolution of their career. Based on interviews I compiled and online research, I learned about essential tools like LinkedIn, the role of Interactive Technology (IT) within a creative advertising industry, increasing popularity in a career in brand management & buying.

In this page, I will publish blog posts ranging from profiles of Target professionals to career advice from Generation X & Baby Boomers for Millennials. While some posts will be more tailored for Blake students, still, I believe career exploration & development is a relevant issue to all millennials, which is why I decided to publish this information online with the consent from all of my interviewees.

Special thanks to the Blake School, Carmichael Lynch Spong, Target Corporation, NGS Global, University of Minnesota, Boston University for contributing to OMC.

Bibliography:

http://www.goldmansachs.com/our-thinking/pages/millennials/

http://www.npr.org/2014/11/18/354196302/amid-the-stereotypes-some-facts-about-millennials

https://www.census.gov/content/dam/Census/library/publications/2016/demo/p20-578.pdf

https://www.theatlantic.com/business/archive/2013/04/the-unluckiest-generation-what-will-become-of-millennials/275336/

https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2016Q4.pdf

http://www.npr.org/sections/ed/2016/07/11/484364476/im-a-student-debt-slave-howd-we-get-here

http://www.pewresearch.org/fact-tank/2016/06/08/increase-in-living-with-parents-driven-by-those-ages-25-34-non-college-grads/

 

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