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How is working in the STEM field really? Is investing time in this field worth it financially?

STEM field

Thank you comment icon One advice I always give to students is this: ask yourself what you are good at doing, what is your true passion? If you like what you do, then you will make a better career out of it. Limin Zhang

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Chirayu’s Answer

Working in a STEM field (science, technology, engineering, and math) can be both challenging and rewarding. It can be challenging because STEM fields are often rapidly changing and require a high level of knowledge and expertise. However, it can also be rewarding as it can lead to a wide range of career opportunities and provide the opportunity to work on cutting-edge technology, solve complex problems, and make a significant impact on society. In terms of financial gain, a career in STEM can be very lucrative. According to the US Bureau of Labor Statistics, many STEM jobs have a higher median salary than non-STEM jobs. Additionally, the employment outlook for many STEM fields is positive, with many projected to grow faster than the average for all occupations. However, it's worth noting that financial gain is not the only factor that should be considered when choosing a career. It's important to also consider your interests and passions, as well as the work environment and company culture. Overall, investing time in a STEM field can be worth it financially, but it's important to weigh all the factors and consider what's most important to you.
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Lorraine’s Answer

Hello Aashi

Yes, the time investment for me in a STEM career has definitely been a great learning experience and worth it for me . The focus for me is more on where my passion is and not too much on the financial component. I have worked in areas that were well paid but also highly stressful and not personally satisfying to me. When you find what you truly love it energizes you to show up great every day. Take the time to be curious and explore all your options to really find what motivates you to be your best self. Wish you the best of success along your journey!
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Somesh’s Answer

Very good question.
- STEM is quite promising field to acquire degree and lost of career opportunities will open for you.
- Develop countries like Singapore has STEM has one of important subject in syllabus since childhood
- It has been supported by U.S. Department of Education (Department)-- check this out -- https://www.ed.gov/stem

So job in STEM is will get you financially rewarding job and give you good job satisfaction.
Thank you comment icon You rock! This advice is very helpful. Aashi
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Austin’s Answer

Great question, in my experience pursuing a STEM related education and career will provide you the greatest number of career options which in turn will allow you to choose the path that is best for you both personally and financially. A STEM background should open you up to a number of options across business, academia public sector etc. and provide you a high degree of career satisfaction.
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Archived’s Answer

I found the following article which has a lot of information on STEM jobs and associated statistics. However, the article is focused on the United States job market. I'm not sure if the situation is similar in India.
https://research.com/careers/stem-careers
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Amit’s Answer

Dear Aashi,

Embarking on a career journey in the STEM (Science, Technology, Engineering, and Mathematics) arena can be immensely gratifying. This path demands a diverse range of technical prowess and abilities, which are typically tailored to the individual's specific area of expertise. These domains offer a platform for individuals to gain a deep understanding of the principles and techniques that drive the evolution of numerous sectors and groundbreaking projects. Professionals in STEM employ digital tools and technology to execute their online tasks, while simultaneously leveraging scientific and mathematical approaches to gather and analyze data. This aids in problem-solving and the generation of novel concepts.

From a financial perspective, dedicating your efforts to the STEM field can be a profitable endeavor. Statistics indicate that the employment prospects for those in STEM roles are generally more promising than for those in non-STEM roles. Despite differences across job types and educational levels, individuals in STEM roles usually enjoy higher earnings and face lower unemployment rates compared to those in non-STEM roles. Given the high demand for STEM jobs, professionals in these sectors often command high salaries and may be eligible for additional bonuses and incentives. The emergence of new technologies and advancements paves the way for further opportunities for career progression and promotions.

Nevertheless, it's crucial to remember that achieving success in any field, including STEM, hinges on your enthusiasm, commitment, skills, and the amount of effort you invest in your work. Therefore, if these areas pique your interest, they could be an excellent match for you! 😊
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Wilson’s Answer

Cybersecurity specifically, I do love it.

I studied in Computer Information Systems and got myself into a career in the cybersecurity field. In my opinion, investing time on this is worth it financially since there is demand and opportunities available for cybersecurity.

I just wanted to bring it out as I do not regret my decision. I'm hoping STEM will be very rewarding for you in the long-run.
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Thelma’s Answer

The time investment in STEM is definitely worth it. Every industry is impacted in some way by STEM. From the software used to write the next great novel, to the production of the packaging of the newest beauty trend, to the chemical composition of the film used in lighting a Broadway show - it was all touched by someone in STEM. Because of that, the amount of flexibility and opportunities for growth & development are all around. I began my career as a Chemical Engineer and now work as Technical Business Manager at AT&T. The beauty of STEM are the transferrable skills that you'll learn and develop that are marketable in any industry.
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Shaye’s Answer

Investing in a STEM education has definitely paid off for me personally and financially. Even if you do not know what you want to do in the next 10, 20 years or whether you want to switching careers in the future, going with STEM field will give you the opportunities, and you will have many more choices compared to other paths. STEM majors like mechanical engineering, electrical engineering and computer science often are cited on lists of the most valuable college majors, the majors most likely to lead to jobs and even most popular majors.
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jennifer’s Answer

Yes, i agree with all of the answers provided to you.

Pursuing a career in STEM is very promising as there are many options & opportunities. And when you do get a STEM job, it can be very competitive, so you would always need to be on top of your game to get an edge. Most every day will be very productive so it's really a very fulfilling career to get into.

Goodluck!
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Amanda’s Answer

I love working in the STEM field, it has been rewarding financially for the time I spent in school to qualify for positions. There are so many opportunities for innovation, ideation and design thinking as well. You can also even manage teams in STEM to move up in companies as a leader.
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Angela’s Answer

I work with several college recruits who specialize in STEM skills, and one of the things they've mentioned that they love about it is the flexibility it provides to explore different businesses. Whether it's a technology company like AT&T, a transportation company like American Airlines, or even a retail company like Nordstrom, they all need technical professionals to create and maintain tool, applications, and websites. It's a very agile skill to have that can provide broad choices. STEM jobs also typically pay very well and are always in demand and I feel that demand will continue to be relevant as our world becomes even more digital.
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Michael’s Answer

All four fields of STEM (Science, Technology, Engineering, and Math) are relatively stable, typically always in demand, and offer great salaries.

Take a look at the data tables here from the US Bureau of Labor Statistics. Toward the bottom of the page, you'll see some of the more popular STEM industries, as well as some average salaries.

https://www.bls.gov/oes/2021/may/featured_data.htm
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