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  • 7/30/2019 DePaul University Market and Channel Strategy for Expansion of Masters Program in School of Business

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    Discussion Outline

    Building A Sustainable Pipelineof

    Leadership Capital for the Hospitality Industry

    Driehaus College of Business

    School of Hospitality Leadership

    DePaul University

    Robert van der Hooning

    March 28, 2012

    May 21, 2013

    Copyright Robert van der Hooning

    All Rights Reserved

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    A solid foundation

    Introductory Meeting March 7

    School Leadership

    Blend of industry and academic know-how

    Solid relationships established within College of Business

    Corporate relationships already established

    Funding

    Sound methodology for initial curriculum design

    Program healthy Local valueChicagoland

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    Objectives

    Growth

    From 200 to 1,000 majors in Hospitality Leadership by 2020

    Maintain quality standards

    Risk Identify Uncertainty of Whats Next

    Identify risks to Hospitality Leadership to prevent atrophy

    Strategic Consistency

    Alignment across all levers of marketing

    Buyer-value utilities of students and employers

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    Current environment

    DePaul University

    Largest Catholic University in US

    9th largest NP

    Tuition-driven - $32K/2012-13

    All-in cost - $45K

    Grant aid > $10K/pps average ($167mil)

    150K alumni base, 80% local

    Student Characteristics and Outcomes

    Full-time - 82%

    Freshman retention - 86%

    Graduation Rates

    4-Year -

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    Current environment

    Driehaus College of Business

    2nd largest business school in the US

    Ranked about 40th in US

    2.5x next largest college

    $30 mil naming gift - Richard Driehaus

    About 2/3 Undergrad, 1/3 Graduate

    Ranked top 10 in Entrepreneurship

    10% decline in enrollment and credits

    since 2007

    Graduation Rates

    4-Year - 46.9%

    5-Year and 6-Year - about 70%

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    Current environment

    School of Hospitality

    $7.5 MM founding gift - Conrad N.

    Hilton Foundation

    2 year track record of stability, growth

    Leadership/managerial side of

    hospitalitythe non-chef versionemployers want

    Leadership understands higher

    education as a manufacturing process

    (raw material coming into a factory)

    Product edges: revenue , accounting,

    real estate, sales + analytics*

    Student GPA 2.8-3.4

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    * Business Intelligence and Reporting applications, not inductive data mining

    http://www.shellvacationsclub.com/index.jsphttp://www.shellvacationsclub.com/index.jsphttp://www.grayline.com/
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    A CLOSER LOOK

    AT THE NUMBERS

    PROMISE AND CHALLENGE

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    A closer look at the numbersHospitality Leadership students are

    Growing* in importance

    3% of the College and

    growing

    vs. a 10% decline in

    enrollment at the College

    More female (2 yr avg)

    Hospitality - 69%

    Commerce - 42%

    Less diverse (2 yr avg)

    Hospitality - 33%

    Commerce - 48%

    A Fast StartSolid Foundation

    Many Unknowns

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    See Office of Institutional Planning and Research, Fact File of DePaul University

    (2007/08 - 2011/12), Enrollment Trend Tables and Graphs

    2009 2010 2011 2009 2010 2011

    Enrollment 2 44 128 4562 4225 4121

    Credit Hours 16 702 1982 69132 64838 62228

    Gender (%Fem) 50% 66% 72% 44% 43% 42%

    Diversity (%Non-White) 29% 38% 49% 48%

    Hospitality

    Leadership

    College of

    Business

    http://oipr.depaul.edu/factfile/newfactfile.asp?year=2011&sec=1&IsDrop=Truehttp://oipr.depaul.edu/factfile/newfactfile.asp?year=2011&sec=1&IsDrop=Truehttp://oipr.depaul.edu/factfile/newfactfile.asp?year=2011&sec=1&IsDrop=True
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    A closer look at the numbersindustry adding 2 mil jobs 2008-2018

    Source: Source: Center on Education and the Workforce forecast of educational March 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

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    10/36Source: Source: Center on Education and the Workforce forecast of educational

    A closer look at the numbersEducational demand within industries in 2018

    Bx, Mx = 20%

    March 28, 2011

    Copyright Robert van der Hooning

    All Ri htsReserved

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    A closer look at the numberstough outcomes for hospitality graduates

    Hospitality Management graduates earn less and are unemployed more

    than other business majors

    Sources: US Census American Community Surveys 2009-2010, Georgetown

    -

    UNEMPLOYMENT RATES EARNINGS

    MAJOR MAJOR GROUPRECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE

    HOLDER

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE

    HOLDER

    GENERAL

    BUSINESS

    HOSPITALITY MANAGEMENT 9.10% 5.70% $32,000 $53,000

    MISCELLANEOUS BUSINESS &

    MEDICAL ADMINISTRATION 6.20% $56,000

    BUSINESS 7.00% 4.80% 4.20% $37,000 $60,000 $85,000BUSINESS MANAGEMENT AND

    ADMINISTRATION8.10% 5.40% 4.40% $36,000 $60,000 $76,000

    HUMAN RESOURCES AND PERSONNEL

    MANAGEMENT 6.60% 4.40% $60,000 $68,000

    INTERNATIONAL BUSINESS 9.50% $60,000 ACCOUNTING

    6.80% 4.80% 3.80% $43,000 $65,000 $90,000MARKETING AND MARKETINGRESEARCH

    7.30% 6.00% 5.40% $37,000 $65,000 $81,000

    OPERATIONS LOGISTICS AND E-

    COMMERCE 5.50% $71,000

    FINANCE 6.60% 5.20% 4.60% $44,000 $72,000 $95,000MANAGEMENT INFORMATION

    SYSTEMS AND STATISTICS 4.40% $73,000

    BUSINESS ECONOMICS 5.40% $77,000

    March 28, 2011

    Copyright Robert van der Hooning

    All Ri htsReserved

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    and fall in the lower quartile compared to non-business majors

    A closer look at the numbersoutcomes fare poorly against other majors

    March 28, 2011

    Copyright Robert van der Hooning

    All Ri htsReserved

    Sources: US Census American Community Surveys 2009-2010, Georgetown

    -

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    THE HUMAN CAPITAL PIPELINE

    CHALLENGE

    FOCUS AND LEVERAGE

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 1000

    Grow From 200 to 1,000 Majors

    in 7-8 Years

    Inquiry GraduationMarch 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    + +

    +

    Traditional Marketing:

    Graduates = f ( leads)

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Inquiry GraduationMarch 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    + +

    +

    Traditional Marketing:

    Graduates = f ( leads)

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Human Capital Manufacturing Process

    Raw Material Product

    Graduate Output = f (leads, prep, path)

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    Graduate Output = f (stage, leads, x3, x4)

    THE CHALLENGE

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Raw Material

    Human Capital Manufacturing Process

    Recruits Declared Majors Transfers Conversions

    Product

    Raw Material Sources

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    + +

    +

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Never Apply Change

    Majors

    Transfer Fail, Drop

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    + +

    +

    Raw Material Sources

    Recruits Declared Majors Transfers Conversions

    Graduate Output = f (stage, attr ition x5)

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    Recruits Declared Majors Transfers Conversions

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Never Apply Change

    Majors

    Transfer Fail, Drop

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    +

    +

    +

    Raw Mater ial Sources

    Supply-driven Approach

    Graduate Output = f ( stage, attrition x5)

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    THE CHALLENGE

    Recruits Declared Majors Transfers Conversions

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Never Apply Change

    Majors

    Transfer Fail, Drop

    Yield, Attrition, Waste

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    +

    +

    +

    Raw Mater ial Sources

    How Would aDemand-Driven Approach

    Be Different?

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    DEMAND DRIVES THE HUMAN CAPITAL

    MANUFACTURING PROCESSYear 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Recruits Declared Majors Transfers Conversions

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    +

    +

    +

    Demand-Driven Education:

    Graduates = f (demand, stage, leads, prep, path, attr i tion)

    Raw Material

    Human Capital Manufacturing Process

    ProductMarch 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

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    DEMAND-DRIVEN EDUCATION:

    PULL VS. PUSHYear 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Declared Majors Transfers Conversions

    +

    +

    +

    +

    + +

    +

    ++

    +

    +

    +

    +

    +

    Recruits

    Demand-Dr iven Education:

    Graduates = f (demand, stage, leads, prep, path, attr i tion)

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    Raw Material

    Human Capital Manufacturing, Distribution and Sales

    Product Channel Market

    http://www.shellvacationsclub.com/index.jsphttp://www.grayline.com/
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    DEMAND-DRIVEN EDUCATION:

    SEGMENT BY JOB TO BE DONEYear 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    Raw Material

    Human Capital Manufacturing, Distribution and Sales

    Recruits Declared Majors Transfers Conversions

    Product

    ++

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    Demand-Dr iven Education:

    Graduates = f (demand, stage, leads, prep, path, attr i tion)

    Channel Market

    http://www.shellvacationsclub.com/index.jsphttp://www.grayline.com/
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    Freshman ContinuingTransfers/

    DAPPAdvisory

    Intern/

    CoopHire

    Application Application

    Matriculate Hire

    Performance Performance

    Persistence Retention

    Graduation Growth

    STUDENT SUPPLY EMPLOYER DEMAND

    LIFECYCLE

    Grades, Scores, Preparation Capabilities, Skills

    LIFE

    CY

    C

    LE

    Major, Minor First Job

    Learn/Earn Sequence Development Path

    Satisfaction, Intention Satisfaction, Intention

    Capabilities, Skills Promotion

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    DEMAND-DRIVEN EDUCATION:HOW EMPLOYERS THINK ABOUT HUMAN CAPITAL

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    Freshman ContinuingTransfers/

    DAPPAdvisory

    Intern/

    CoopHire

    Application Application

    Matriculate Hire

    Performance Performance

    Persistence Retention

    Graduation Growth

    STUDENT SUPPLY EMPLOYER DEMAND

    LIFECYCLE

    Grades, Scores, Preparation Capabilities, Skills

    LIFE

    CY

    C

    LE

    Major, Minor First Job

    Learn/Earn Sequence Development Path

    Satisfaction, Intention Satisfaction, Intention

    Capabilities, Skills Promotion

    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    EARLY-STAGE CAREER SUCCESSMarch 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

    DEMAND-DRIVEN EDUCATION:FOCUS ON EARLY-STAGE SUCCESS, NOT PLACEMENT

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    Year 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

    Annual Goal 200 245 299 366 447 547 669 818 1000

    CAGR - 22.8%

    STUDENT SUPPLY

    Freshman recruits

    Transfers

    Declared Majors

    Conversions

    Internship

    Summer

    PTJ

    Coop

    Major

    Courses

    Projects

    Scholarship

    Loans

    Work Study

    Part Time

    Full Time

    Target

    Population

    CareerFocus

    Acad

    emics

    Finances

    Types of Employers

    Oppo

    rtunit

    y

    Matrix

    Resta

    urant

    Hotel

    Conventio

    n

    Non-Profit

    Prof.S

    ervces

    Finance

    Priv

    ate

    Club

    Even

    t

    TypesofJobs

    General Management

    Marketing

    Sales $ $ $

    Human Resources

    Finance $ $ $ $ $

    Operations

    IT $ $Accounting $ $

    Analytics $ $ $ $ $ $

    Real Estate

    Revenue $ $

    Service

    TypesofJobs

    EARLY-STAGE CAREER SUCCESSMarch 28, 2011Copyright Robert van der Hooning

    All Rights Reserved

    DEMAND

    PULLS

    SUPPLY

    DEMAND-DRIVEN EDUCATION:THE JOB TO BE DONE DRIVES LEARNING PROCESS

    http://www.shellvacationsclub.com/index.jsphttp://www.grayline.com/
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    Develop Demand-drivenContentBuild The Brand - Tell Great Stories - Backwards

    Employers 5-6 sub-sectors of Hospitality industry

    Specific issues and challenges* that matter most to them

    Key hiring areas, needs, competency characteristics

    Career path, salary and performance expectations

    Faculty and Leadership Thought leadership on key issues, scholarly and applied

    Hospitality, Commerce, CDM, other partners

    Students recruits, transfers, majors, conversions

    Different needs, manufacturing and marcom pitches

    Career tracks that lead to career and financial success andthe learning/doing paths to follow

    Areas of greatest promise, reward, satisfaction, stability

    How to structure academic and early-stage career success

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    Types of Employers

    Oppo

    rtunit

    y

    Matrix

    R e s t a

    u r a

    n t

    H o t e l

    C o n v e n t i o

    n

    N o n - P

    r o f i t

    P r o

    f . S

    e r v c e s

    F i n a n c e

    P r i v a t e

    C l u b

    E v e n

    t

    TypesofJobs

    General Management

    Marketing

    Sales $ $ $

    HumanRes ources

    Finance $ $ $ $ $

    Operations

    IT $ $

    Accounting $ $

    Analytics $ $ $ $ $ $

    Real Estate

    Revenue $ $

    Service

    TypesofJobs

    * Emphasis on topics at functional (or cross-functional) level that map

    http://www.shellvacationsclub.com/index.jsphttp://www.grayline.com/
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    Employers

    Thought leadership about critical issues, keyHR needs, early-stage career success

    By industry leaders - not just HR dept

    By DePaul alumni working in Hospitality

    Managed by Salesforce.com, HubSpot

    Integrated with Hospitality web site

    Events hosted on location

    Regional workshopsThe Essential MBA

    Skill- and competency-based Professional andExecutive Education customized forHospitality (co-branded w/Commerce, CDM)

    Faculty and Leadership

    Thought leadership on critical issuesmapped to above (scholarly and applied)

    Build Communications platforms

    Establish Leadership Position

    -Plan for 2012-2013

    -Rolling 3-year Plan

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

    * Selection criteria may include business development considerations at

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    BUILD PARTNERSHIPS AND CHANNELS

    THAT CREATE VALUE AND DEMAND

    S U P P L Y

    Community College (feeder)

    Curriculum sync/dev with CommunityColleges to extendDAPP

    Employers

    Large pool of experienced candidateswith some college

    Opportunity for blended delivery

    Military (optional)

    Large segment of adult learners

    Strong funding via Yellow Ribbon*

    Fills diversity gap: hospitality, industry

    Contributes to Vincentian mission

    Goodwill with alumni, community

    D E M A N D

    Coop Channel

    Based on Northeastern, Waterloo,Cinci and GMI models that work

    Sync with internal policies/procedures

    Onsite Classes at Employers

    Degree and non-degree classes Live From adds appeal, differentiation

    Professional education (competency clusters)

    Soft programming (e.g., U of C CAPS)

    Co-branded w/other DePaul units orexternal partners (e.g., CDM, STR)

    Turn employer facilities into virtualDePaul classrooms and learning labs

    Partner to corporate university/T&D

    See Office of Financial Aids FAQ re Post-911 GI Bill -

    Strategies That Leverage I ndustry Trends and Economics I nto Advantage

    March 28, 2011

    Copyright Robert van der Hooning

    All Ri htsReserved

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    COOP ADVANTAGES (OFFLINE)

    Student Advantages

    Prevents the 6-year make-to-stock problem

    Enhances learning outcomes (i.e., quality,persistence, graduation) and know-how

    Financial appeal to parents, students at allentry pointsdecide major, transfer,conversion, employee/adult learner (cant

    fight economics) Provides safe environment for mistakes

    Experience is a known buyer-value utility

    Reduces probability of unemployment

    Reduces debt

    Increases probability of graduation andhigher starting salary

    Must apply and be acceptednot anentitlementmarket as an elite advantageof Hospitality

    Employer Advantages

    Talent source of gifted and capable entry-level employees

    Cost-effective: students are paid modesthourly wage (use Northeastern or Waterlooas model)

    Builds network of domain contacts for

    targeted career paths Hospitality Advantages

    Pulls demand

    Larger funnel

    Broadens demandeffectively lower cost

    On the right side of disruption, studentdebt, parent funding and unemployment

    arguments Timely for parents and recruits at all stages

    Provides basis for fundraising, bizdev

    Provides vehicle for quick adaptation tomarket needs, rapid feedback cycles

    March 28, 2011

    Copyright Robert van der Hooning

    All Rights Reserved

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    APPENDIXComparison of college graduate majors by earnings and employment

    UNEMPLOYMENT RATES EARNINGS

    MajorMajor Group

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    General Agriculture Agriculture And Natural Resources 4.20% $45,000

    Animal Sciences 3.40% $44,000

    Natural Resources Management 5.30% $53,000

    Architecture Architecture 13.90% 9.20% 7.70% $36,000 $64,000 $71,000

    Drama And Theater Arts 7.80% 8.80% 7.00% $26,000 $45,000 $50,000

    Fine Arts Arts 12.60% 7.30% 7.30% $30,000 $45,000 $55,000

    Music 9.20% 4.50% 4.40% $30,000 $45,000 $55,000

    Film Video And Photographic Arts 12.90% 6.70% 13.00% $30,000 $50,000 $58,000

    Commercial Art And Graphic Design 11.80% 7.50% 7.10% $32,000 $49,000 $60,000

    Studio Arts 8.00% $41,000

    General Business Hospitality Management 9.10% 5.70% $32,000 $53,000

    Business Management And

    Administration

    8.10% 5.40% 4.40% $36,000 $60,000 $76,000

    Business 7.00% 4.80% 4.20% $37,000 $60,000 $85,000

    Marketing And Marketing Research 7.30% 6.00% 5.40% $37,000 $65,000 $81,000

    Accounting 6.80% 4.80% 3.80% $43,000 $65,000 $90,000

    Finance 6.60% 5.20% 4.60% $44,000 $72,000 $95,000

    Miscellaneous Business & Medical

    Administration

    6.20% $56,000

    Human Resources And Personnel

    Management

    6.60% 4.40% $60,000 $68,000

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    UNEMPLOYMENT RATES EARNINGS

    MajorMajor Group

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    International Business 9.50% $60,000

    Operations Logistics And E-Commerce 5.50% $71,000

    Management Information Systems And

    Statistics

    4.40% $73,000

    Business Economics 5.40% $77,000

    Communications Family And Consumer Sciences 4.30% 4.20% 2.80% $30,000 $43,000 $59,000Journalism 7.70% 6.00% 3.80% $32,000 $58,000 $66,000

    Mass Media 8.50% 7.00% 6.70% $32,000 $50,000 $58,000

    Communications, Journalism 7.40% 6.30% 4.30% $34,000 $57,000 $65,000

    Advertising And Public Relations 7.70% 6.10% $35,000 $57,000

    Communication

    Technologies

    Mathematics 6.10% 5.10% 3.60% $40,000 $71,000 $86,000

    Information Systems 11.70% 5.40% 6.40% $43,000 $68,000 $80,000

    Computer Science 7.80% 5.60% 3.80% $50,000 $81,000 $96,000

    Computers And Mathematics 8.50% $55,000 Information Sciences 5.10% $74,000

    Computer Networking And

    Telecommunication

    6.20% $60,000

    Computer Engineering 5.00% 3.60% $89,000 $100,000

    General Education Elementary Education 4.80% 3.40% 1.70% $33,000 $40,000 $54,000

    Education 6.00% 4.10% 2.40% $34,000 $43,000 $56,000

    Physical And Health Education Teaching 3.70% 2.20% $48,000 $60,000

    APPENDIXComparison of college graduate majors by earnings and employment

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    UNEMPLOYMENT RATES EARNINGS

    MAJORMajor Group

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    Early Childhood Education 4.90% $38,000

    Secondary Teacher Education 4.10% $47,000

    Special Needs Education 4.50% 2.00% $43,000 $57,000

    Language And Drama Education 4.20% 2.20% $43,000 $57,000

    Art And Music Education 3.70% 2.20% $45,000 $57,000

    Miscellaneous Education 4.00% $50,000

    General Engineering Civil Engineering 8.10% 4.50% 2.80% $50,000 $81,000 $96,000

    Electrical Engineering 7.30% 5.20% 3.50% $57,000 $90,000 $106,000

    Mechanical Engineering 8.60% 3.80% 3.50% $58,000 $86,000 $100,000

    Engineering 5.70% 3.00% $75,000 $96,000

    Chemical Engineering 4.20% 3.50% $94,000 $101,000

    Industrial And Manufacturing Engineering 5.10% 4.00% $80,000 $99,000

    Miscellaneous Engineering 5.80% $72,000

    Electrical Engineering Technology 6.30% $70,000

    Industrial Production Technologies 4.00% $68,000 Miscellaneous Engineering Technologies 4.50% $65,000

    Health And Medical

    Admin Svcs

    Nursing 4.00% 1.90% 1.60% $48,000 $64,000 $81,000

    Health 2.90% $56,000

    Medical Technologies Technicians 2.10% $60,000

    Pharmacy Pharmaceutical Sciences And Adm 2.10% 2.00% $105,000 $107,000

    Treatment Therapy Professions 1.80% $63,000

    APPENDIXComparison of college graduate majors by earnings and employment

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    UNEMPLOYMENT RATES EARNINGS

    MAJORMajor Group

    RECENT COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE DEGREE

    HOLDER

    RECENT COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE DEGREE

    HOLDER

    Area Ethnic And

    Civilization Studies

    Anthropology And Archeology 10.50% 6.20% 4.10% $28,000 $47,000 $60,000

    Liberal Arts 9.20% 6.20% 3.80% $30,000 $50,000 $66,000

    Philosophy And Religious Studies 10.80% 6.80% 3.80% $30,000 $48,000 $62,000

    French, German, Latin And Other Common

    Foreign Languages

    7.90% 4.80% 3.70% $32,000 $50,000 $62,000

    English Language And Literature 9.20% 6.20% 3.90% $32,000 $52,000 $64,000

    History 10.20% 5.80% 3.90% $32,000 $54,000 $75,000

    Humanities And Liberal Arts 10.10% 5.50% 4.60% $35,000 $50,000 $71,000

    Linguistics And Comparative Language 10.50% $49,000

    Other Foreign Languages 6.80% $64,000

    Composition And Speech 4.70% $50,000

    Theology And Religious Vocations 3.90% 2.80% $40,000 $50,000

    Art History And Criticism 8.80% $52,000

    Construction Services Transportation Sciences And Technologies 4.00% $71,000

    Industrial Arts 5.20% $76,000

    Pre-Law And Legal

    Studies

    Criminal Justice And Fire Protection 7.60% 4.10% 3.20% $34,000 $55,000 $66,000

    Law And Public Policy 7.40% $49,000

    Public Administration 7.30% $58,000

    APPENDIXComparison of college graduate majors by earnings and employment

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    UNEMPLOYMENT RATES EARNINGS

    MAJORMajor Group

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    RECENT

    COLLEGE

    GRADUATE

    EXPERIENCED

    COLLEGE

    GRADUATE

    GRADUATE

    DEGREE HOLDER

    Psychology- All Psychology And Social Work 7.60% 6.00% 3.40% $30,000 $48,000 $61,000

    Social Work 6.60% 5.80% 2.90% $30,000 $40,000 $52,000

    Human Services And Community

    Organization

    7.30% $39,000

    Physical Fitness, Parks

    Recreation

    Recreation 8.30% 4.50% 2.00% $30,000 $50,000 $61,000

    Environmental ScienceBiology 7.70% 4.60% 1.80% $31,000 $56,000 $87,000

    Chemistry 6.60% 4.90% 2.00% $32,000 $62,000 $96,000

    Multi-Disciplinary Or General Science 8.20% 4.60% 2.40% $35,000 $60,000 $80,000

    ScienceLife/Physical 4.20% $55,000

    Biochemical Sciences 5.90% 1.90% $69,000 $96,000

    Geology And Earth Science 5.10% $63,000

    Physics 5.40% 2.80% $81,000 $95,000Interdisciplinary

    Social Sciences

    Sociology 8.60% 5.40% 3.50% $32,000 $50,000 $60,000

    Political Science And Government 9.10% 6.00% 3.80% $35,000 $65,000 $90,000

    Economics 9.40% 5.70% 4.60% $48,000 $76,000 $101,000

    Social Science 7.20% $45,000

    General Social Sciences 6.80% $50,000

    Geography 5.60% $59,000

    International Relations 4.80% 4.80% $65,000 $91,000

    APPENDIXComparison of college graduate majors by earnings and employment

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    Building A Sustainable Pipelineof

    Leadership Capital for the Hospitality Industry

    For additional information

    please contact Robert van der [email protected]