Academic degrees can still be the ticket to an intellectually stimulating well-paying career path. The rub is that which they are keeps changing. Millennial strivers, instead of going to law school or even an MBA program in the U.S., might consider emigrating.
What seems particularly promising, reports THE ECONOMIST, is the MBA program at the Curtis Business School in Australia. Graduates are picking up jobs with entry-level salaries of $150,000. One factor is that the mining industry is doing well there.
Australia as a place to emigrate for above-average compensation is not news. For a while, there have been sensationalistic articles in the U.S. media about the high wages paid in the mining industry. What is new is the publicity about navigating that kind of opportunity via an academic program. For many the way in has become through the rigid structure of an academic program. There everything is laid out, contacts can be be made, and the degree is a known entity which can be marketed.