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Top Ten Careers in STEM by 2020
The seminar presented by Jem Pagán discusses the outlook for STEM careers, projecting a growth of over 9 million jobs and average wages of $85,570 by 2022. It emphasizes the importance of data acquisition, digital transformation, and innovation to maintain competitive advantage in a rapidly evolving digital economy. Key focus areas include market trends, high-demand STEM professions, and strategies for individuals to enhance their professional value through continuous learning and mentorship.
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Top Ten Careers in STEM by 2020
- 1. SEMINAR 2424: TOP TENCAREERS IN STEM BY 2020 Presented by Jem Pagán CTO Flatiron Strategies New York, New York
- 2. Outlook for STEMOccupations The U.S. Bureau of Labor Statistics describes STEM occupations — those that typically involve determining how things work and solving problems with the use of computers and scientific tools — as the “jobs of tomorrow.” It projects that these types of jobs will grow by more than 9 million between 2012 and 2022, with average wages of $85,570.
- 3. This Seminar WillExplore STEM professional career evolutions in response to rapid marketplace innovation and disruption Insight in market trends and innovative factors that will influence STEM professional careers within the next 4-5 years STEM professions that are in immediate and future high demand How participants may leverage their current professional skills and expertise for future professional advancement How participants can increase their value immediately by focusing on “S W A T” disciplines
- 4. What are theGlobal Market Drivers for STEM Careers? The need for data acquisition and data trustworthiness The need for insights in system performance, business processes, human behaviors and predictable outcomes The need for digital transformation (Digital Twin) The need for faster delivery of quality of life innovations: life sciences, government (digital) services, business process automation, etc. The need for competitive advantage and market differentiation in our global digital economy
- 5. How Significant isSTEM to the Future of the U.S.? Innovation through the collaborative efforts of education, government, private industry leaders has become more critical in our global digital economy STEM drives our global competitive advantage As we transition more quickly to a ‘digital’ world, we must unlock innovations in security, computation analysis, data ingestion and seamless application development The need for faster delivery of innovations
- 6. Top Careers inData Science Data Science + Machine Learning Computer Science + Artificial Intelligence & Neural Networks Cyber Security Life Sciences Energy (Legacy and Alternative) Communications Engineering (5G, DAS, Fiber Optics) Cloud Technology (Public, Private, Hybrid) Virtual Reality - Augmented Reality Robotics Sensor, CPU, GPU Processing
- 7. STEM Employment –Past & Future Growth Beethika Khan, and Mark Doms, Office of the Chief Economist July 2011 ESA Issue Brief #03-11 three times as fast as growth in non-STEM jobs. STEM workers are also less likely to experience joblessness than their non-STEM counterparts. Science, technology, engineer- ing and mathematics workers play a key role in the sustained growth and stability of the U.S. economy, and are a critical component to helping the U.S. win the future. 7.9% 17.0% 2.6% 9.8% 0% 3% 6% 9% 12% 15% 18% 2000-10 growth 2008-18 projected growth STEM employment Non-STEM employment Source: ESA calculations using Current Population Survey public-use microdata and estimates from the Employment Projections Program of the Bureau of Labor Statistics. Figure 1. Recent and Projected Growth in STEM and Non-STEM Employment Source: ESA calculations using Current Population Survey public-use microdata and estimates from the Employ- ment Projections Program of the Bureau of Labor Statistics. Figure 1. Recent and Projected Growth in STEM and Non-STEM Employment STEM workers command higher wages, earning 26 percent more than their non- STEM counterparts. More than two-thirds of STEM workers have at least a college degree, compared to less than one-third of non-STEM workers. STEM degree holders enjoy higher earnings, regardless of whether they work in STEM or non-STEM occupations.
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Management Architectural and engineeringmanagers Computer and information systems managers Natural sciences managers Computer and mathematics Actuaries Computer and information research scientists Computer network architects Computer network support specialists Computer programmers Computer systems analysts Computer user support specialists Database administrators Information security analysts Mathematical technicians Mathematicians Network and computer systems administrators Operations research analysts Software developers, applications Software developers, systems software Statisticians Web developers Computer occupations, all other Mathematical science occupations, all other Architecture and engineering Aerospace engineering and operations technicians Aerospace engineers Table 1: STEM occupations, by occupational group Electrical and electronics engineering technicians Electrical engineers Electro-mechanical technicians Electronics engineers, except computer Environmental engineering technicians Environmental engineers Health and safety engineers, except mining safety engineers and inspectors Industrial engineering technicians Industrial engineers Marine engineers and naval architects Materials engineers Mechanical drafters Mechanical engineering technicians Mechanical engineers Mining and geological engineers, including mining safety engineers Nuclear engineers Petroleum engineers Surveying and mapping technicians Drafters, all other Engineering technicians, except drafters, all other Engineers, all other Life, physical, and social sciences Agricultural and food science technicians Animal scientists Astronomers Atmospheric and space scientists Biochemists and biophysicists Biological technicians Forensic science technicians Forest and conservation technicians Foresters Geological and petroleum technicians Geoscientists, except hydrologists and geographers Hydrologists Life, physical, and social science technicians, all other Materials scientists Medical scientists, except epidemiologists Microbiologists Nuclear technicians Physicists Soil and plant scientists Zoologists and wildlife biologists Biological scientists, all other Life scientists, all other Physical scientists, all other Education, training, and library Agricultural sciences teachers, postsecondary Architecture teachers, postsecondary Atmospheric, earth, marine, and space sciences teachers, postsecondary Biological science teachers, postsecondary Chemistry teachers, postsecondary Computer science teachers, postsecondary Engineering teachers, postsecondary Environmental science teachers, postsecondary Forestry and conservation science teachers, postsecondary 4 Occupational Outlook Quarterly • Spring 2014 • www.bls.gov/ooq Mathematical science occupations, all other Architecture and engineering Aerospace engineering and operations technicians Aerospace engineers Agricultural engineers Architectural and civil drafters Biomedical engineers Chemical engineers Civil engineering technicians Civil engineers Computer hardware engineers Electrical and electronics drafters Agricultural and food science technicians Animal scientists Astronomers Atmospheric and space scientists Biochemists and biophysicists Biological technicians Chemical technicians Chemists Conservation scientists Environmental science and protection technicians, including health Environmental scientists and specialists, including health Epidemiologists Food scientists and technologists Source: 2010 Standard Occupational Classification (SOC) System, SOC Policy Committee recommendatio Healthcare occupations are not included. Management Architectural and engineering managers Computer and information systems managers Natural sciences managers Computer and mathematics Actuaries Computer and information research scientists Computer network architects Computer network support specialists Computer programmers Computer systems analysts Computer user support specialists Database administrators Information security analysts Mathematical technicians Mathematicians Network and computer systems administrators Table 1: STEM occupations, by occupational group Electrical and electronics engineering technicians Electrical engineers Electro-mechanical technicians Electronics engineers, except computer Environmental engineering technicians Environmental engineers Health and safety engineers, except mining safety engineers and inspectors Industrial engineering technicians Industrial engineers Marine engineers and naval architects Materials engineers Mechanical drafters Mechanical engineering technicians Mechanical engineers Mining and geological engineers, including mining safety engineers Nuclear engineers Petroleum engineers Forensic science technicians Forest and conservation technicians Foresters Geological and petroleum technicians Geoscientists, except hydrologists and geographers Hydrologists Life, physical, and social science technicians, all other Materials scientists Medical scientists, except epidemiologists Microbiologists Nuclear technicians Physicists Soil and plant scientists Zoologists and wildlife biologists Biological scientists, all other Life scientists, all other Physical scientists, all other 4 Occupational Outlook Quarterly • Spring 2014 • www.bls.gov/ooq Statisticians Web developers Computer occupations, all other Mathematical science occupations, all other Architecture and engineering Aerospace engineering and operations technicians Aerospace engineers Agricultural engineers Architectural and civil drafters Biomedical engineers Chemical engineers Civil engineering technicians Civil engineers Computer hardware engineers Electrical and electronics drafters all other Engineers, all other Life, physical, and social sciences Agricultural and food science technicians Animal scientists Astronomers Atmospheric and space scientists Biochemists and biophysicists Biological technicians Chemical technicians Chemists Conservation scientists Environmental science and protection technicians, including health Environmental scientists and specialists, including health Epidemiologists Food scientists and technologists Source: 2010 Standard Occupational Classification (SOC) System, SOC Policy Committee recommendatio Healthcare occupations are not included. Management Architectural and engineering managers Computer and information systems managers Natural sciences managers Computer and mathematics Actuaries Computer and information research scientists Computer network architects Computer network support specialists Computer programmers Computer systems analysts Computer user support specialists Database administrators Information security analysts Table 1: STEM occupations, by occupational group Electrical and electronics engineering technicians Electrical engineers Electro-mechanical technicians Electronics engineers, except computer Environmental engineering technicians Environmental engineers Health and safety engineers, except mining safety engineers and inspectors Industrial engineering technicians Industrial engineers Marine engineers and naval architects Materials engineers Mechanical drafters Mechanical engineering technicians Mechanical engineers Forensic science technicians Forest and conservation technicians Foresters Geological and petroleum technicians Geoscientists, except hydrologists and geographers Hydrologists Life, physical, and social science technicians, all other Materials scientists Medical scientists, except epidemiologists Microbiologists Nuclear technicians Physicists Soil and plant scientists Zoologists and wildlife biologists Source: Office of Occupational Statistics and Employment Projections – BLS http://www.bls.gov/careeroutlook/2014/spring/art01.pdf
- 9. Source: Office ofOccupational Statistics and Employment Projections - BLS
- 10. Source: Office ofOccupational Statistics and Employment Projections - BLS
- 11. SWAT + STEM= SUCCESS Focus on being a Person with SWAT Tendencies S (Stable), W (Winners), A (Attentive to details), T (Team-oriented) Stable – Practice and develop consistently positive behavior Winner – Be ”That Person” who is cray enough to believe the impossible can actually be achieved Attentive – Think of the world and all its experiences as a playground for learning and exploration Team-oriented – Understand the wealth of leveraging your diversity for the good of the team
- 12. Summary Incorporate statisticsand analysis in my current job expectations and goals Never graduate from MATH & SCIENCE Focus on process improvement as a continuous thought process Focus on Arts as STEM continues to transition to STEAM Get aligned with mentors that have demonstrated professional high performance and mentor others to reinforce your learning and insights
- 13. Jem Pagan -LinkedIn jem@flatironstrategies.com