What a STEM Major Can Do For You The Experience of an Engineer
STEM Statistics• STEM majors very much in demand• Higher salaries• Lower unemployment rates than other majors• May ease entry into grad school?• Great background for starting business • 23% of Fortune 500 CEOs studied engineering• Easier to "retool"
Travel• Never set foot on an airplane until I was 21• Since traveled to 28 countries on all 7 continents, including Antarctica• Visited all 50 states• Had resources & opportunities to do so because of engineering
Career Shift• MBA at University of Florida• JD (law degree) at George Mason University• PhD in Economics at George Mason University • Despite having never taken an economics class as an undergrad • Mercatus Center, Becket Fund, FTC• Each academic experience enriched by STEM background • Santa Fe Institute• Volunteer work
Why Economics?• Study of the incentives and institutions that promote scientific discovery• Analyzes the effects new technology has on human flourishing and well-being• Ponders the impact of innovation and entrepreneurship• Law and Economics analyzes the impact of intellectual property• Arguably the most STEM-ish of all the social sciences• Lots of engineering analogies
Skills Most Useful in My Career• Communication • Written & Oral• Math • Calculus / Linear Algebra / Diff. Eq. / Numerical Methods• Physics & Chemistry• Probability & Statistics• Economics• Computers • Operation & Programming
Second Derivative of Worlds Change = Positive (+) • Rate of change of the world appears to be positive • No one knows what tomorrow holds • Prediction = unpredictability • Mitigate risk by training to be adaptable • Very few skills more in demand than quantitative • Will help broaden understanding of the world and increase opportunities throughout life • Strong signal of value to potential employers