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3 Industries you should consider as a Graduate

15 January 2016 No Comment

canstockphoto8980627Have you ever dreamed of being a wealthy professional or entrepreneur in the future? If so, it is easy to become preoccupied with the trappings of wealth and fortune, such as the ability to hire a private jet when travelling or a luxurious mansion that you can call home. This can cause you to lose sight of your short and near-term goals, and the pivotal steps that enable you to build a career and establish wealth. This process should start when you are a student, as you initially look to select lucrative and prosperous careers that will be in demand in the future.

3 Industries that are ideal for Graduates

With this in mind, aspiring graduates must identify the world’s primary growth industries in 2016 and beyond, as they look to evaluate recent evolution within the sector and the potential for further expansion in the future. It is no surprise that many of these industries are driven by advanced technology and innovation, with IBIS World having compiled a list of the sectors that are likely to dominate the employment market in the short and long-term future. Here are three of the outstanding career choices for hopeful graduates: –

Voice over Internet Protocol services

Why it is e-commerce that dominates the headlines in contemporary entrepreneurship, there are other emerging sectors that offer huge career opportunities to new or recent graduates. Take Voice over Internet Protocol (VoIP), for example, as this sector generated more than $12 million in 2010 and experienced revenue growth of 193.9% between 2000 and 2011. Further growth of 17.4% has been recorded in the last five years, as the market for VoIP apps such as Skype becomes increasingly diverse and competitive.

Now is the ideal time to enter this market as an employee, while those with enough experience and knowledge could even establish themselves as entrepreneurs within this space.

Environmental Consulting

We have never been more self-aware as individuals, especially when it comes to sustainability and the implementation of a more eco-friendly lifestyle. This has forced business to invest in more sustainable materials and waste management processes, which in turn has triggered a huge demand for environmental consultation services. This sector has grown by more than 17% since the turn of the century, while the combination of rising demand and advanced technology will also create high levels of job creation in the next five years.

Biotechnology

If you are a student with a passion for science, there are numerous directions in which you can advance your career. The pace of growth and change within this sector makes it difficult to make an informed decision, so it is important to consider recent and future trends before plotting your course.

Biotechnology is a scientific sector that has grown steadily over the last decade, generating $86,971 in 2010 and growth of more than 20% since the noughties. The salaries and potential for growth within this industry are huge, with the advancement of genetic engineering likely to create even more jobs and diverse opportunities in the next 10 years and beyond.

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