Takshila Magazine just been published and can be downloaded from
http://www.ctuniv.org/university-press.htm
Magazine can be downloaded from the left-side panel
Best regards,
Sunday, March 6, 2011
Thursday, September 16, 2010
Medical Device India
India – September 16, 2010
Consumer Medical Devices to Cater to India’s Increasingly Urbanized Middle Class
By the end of this year, over 60% of the entire Indian population will be classified as middle-class, according to a survey by CRISIL. Many live in India’s tier 1 and tier 2 cities, and some may earn as much as USD20,000 per year - or the equivalent of over USD100,000 per year in India when adjusted for purchasing power parity. Changing lifestyles and eating habits, an over-taxed healthcare system and a dearth of healthcare services are opening up new opportunities for the healthcare sector.
Unlike many countries with aging populations, India has a much younger population – and it is still growing. By 2030, India could surpass China as the world’s most populous nation. Its population is projected to reach 1.6 billion by 2050.
According to census data, there were only 290 million people living in cities in India in 2001. By 2008, there were 390 million. Forty-two of these cities had populations of over one million each.
The public healthcare infrastructure in India’s cities is severely stretched and can barely cope with such exponential growth.
India is a market that has caught the attention of personal healthcare equipment suppliers. Patients still depend heavily on medical practitioners and hospitals for medical diagnostic services but a growing number are turning to affordable and easy-to-use self-care medical devices.
Opportunities for self-administered healthcare
With a shift towards urban lifestyles, the incidences of diabetes, cancer, chronic heart diseases and hypertension in India have increased significantly.
The International Diabetes Federation estimates that the number of diabetic patients in India more than doubled from 19 million in 1995 to 40.9 million in 2007. It is projected to increase to 69.9 million by 2025. This is due to a changing diet nationwide that is rich in fat, sugar and calories, as well as the lack of exercise and physical activity.
Portable medical devices that help monitor blood glucose level, blood pressure and heart rate could provide a convenient solution for self-care and self-checks amongst patients with high blood pressure and diabetes.
Foreign companies are banking on the portable devices market, sometimes by partnering with local incumbents. In 2008, Piramal Healthcare introduced a portable self-monitoring blood glucose (SMBG) system with Arkray from Japan. The device simplifies self-monitoring of blood sugar levels into three simple steps and also maintains historical readings. Other global players, Abbott, Bayer and Johnson & Johnson, also carry a large product portfolio of SMBG devices and have started to promote them in the Asia Pacific region. As the market matures, such players are expected to promote their products actively to consumers in India as well.
Other portable devices such as inhalers and nebulizers for asthmatic patients and pain management devices (e.g. TENS devices) are helping to create further potential markets.
The World Health Organization expects the number of asthma patients within urban areas in India to reach 6.6 million by 2011. Approximately 38% of these patients will be between 15 and 40 years old.
Local players such as BPL Healthcare, Infinity Mediquip and MRK Healthcare are actively improving the technology and prices of their compact nebulizers in order to capture a growing customer base in India. Foreign companies are also entering the market through partnerships with local players. In 2009, Piramal Healthcare launched ActiPatch, a drug-free bioelectronic patch for pain management developed by US based BioElectronics Corporation.
Opportunities for fitness and well-being
Urbanization drives the growth of fitness centers that in turn drives the use of simple devices such as body fat analyzers, pedometers, cholesterol meters, and digital thermometers in fitness clubs and homes.
Premium portable equipment produced by foreign players such as Omron Healthcare, FUTREX and COSMED is sold to health clubs and fitness centers through a few importers and distributors.
The health and fitness market is expected to continue to grow at an annual rate of 15% in India. Global fitness and wellness players such as Fitness First and Gold’s Gym are aggressively expanding into major Indian cities while local players like VLCC and Talwalkars have become well established.
Opportunities for rural usage
Urbanization has another impact on India’s rural areas: a brain drain as doctors and nurses move to the cities. The lack of infrastructure and facilities has also hampered the development of medical services in rural India. Electricity may not always be reliable, transportation can be patchy and local medical practitioners may lack a breadth of experience.
Portable medical devices that run on mobile networks are one solution to such challenges. They are especially useful for roving medical units. In 2009, GE Healthcare launched MACi 400, a portable electrocardiogram in India, which is highly mobile and inexpensive to operate. Siemens and Philips are amongst few other players in the portable mobile devices market.
India’s information and communication technology sector has been developing at a rapid pace and telecom players are exploring the mobile medicine sector. In December 2009, Vodafone Group revealed plans for a new business unit that will work with pharmaceutical companies and government organizations to provide healthcare services using mobile phone technology. With more than 500 million mobile phone subscribers, mobile-based healthcare services offer a huge market opportunity.
Which city to start with?
A recent survey by GIA amongst players within India’s construction and manufacturing sectors indicates that medical and healthcare facilities remain one of the top issues in many urban cities.
When asked “what challenges will urban growth pose?”, respondents from Bangalore and Jaipur said that the greatest challenge in their cities was medical facilities and services, over and above education, transport infrastructure, electrical supply, housing and water supply.
Challenges in developing medical & healthcare facilities by city
Source: GIA survey, 115 professionals from India’s construction and manufacturing sectors. Score: 5=most challenging, 1=not challenging
Though India presents significant potential for innovative portable healthcare devices to meet the challenges in medical facilities and services, players will have to scrutinize carefully and evaluate their own challenges ahead.
The high cost and low awareness of portable self-care products remain significant hurdles, and a loosely regulated healthcare insurance sector poses additional risks and challenges. A carefully planned market entry strategy is therefore crucial to fully exploit the growth opportunities in India.
GIA Geographies Bulletin - India
Consumer Medical Devices to Cater to India's Increasingly Urbanized Middle Class
Consumer Medical Devices to Cater to India’s Increasingly Urbanized Middle Class
By the end of this year, over 60% of the entire Indian population will be classified as middle-class, according to a survey by CRISIL. Many live in India’s tier 1 and tier 2 cities, and some may earn as much as USD20,000 per year - or the equivalent of over USD100,000 per year in India when adjusted for purchasing power parity. Changing lifestyles and eating habits, an over-taxed healthcare system and a dearth of healthcare services are opening up new opportunities for the healthcare sector.
Unlike many countries with aging populations, India has a much younger population – and it is still growing. By 2030, India could surpass China as the world’s most populous nation. Its population is projected to reach 1.6 billion by 2050.
According to census data, there were only 290 million people living in cities in India in 2001. By 2008, there were 390 million. Forty-two of these cities had populations of over one million each.
The public healthcare infrastructure in India’s cities is severely stretched and can barely cope with such exponential growth.
India is a market that has caught the attention of personal healthcare equipment suppliers. Patients still depend heavily on medical practitioners and hospitals for medical diagnostic services but a growing number are turning to affordable and easy-to-use self-care medical devices.
Opportunities for self-administered healthcare
With a shift towards urban lifestyles, the incidences of diabetes, cancer, chronic heart diseases and hypertension in India have increased significantly.
The International Diabetes Federation estimates that the number of diabetic patients in India more than doubled from 19 million in 1995 to 40.9 million in 2007. It is projected to increase to 69.9 million by 2025. This is due to a changing diet nationwide that is rich in fat, sugar and calories, as well as the lack of exercise and physical activity.
Portable medical devices that help monitor blood glucose level, blood pressure and heart rate could provide a convenient solution for self-care and self-checks amongst patients with high blood pressure and diabetes.
Foreign companies are banking on the portable devices market, sometimes by partnering with local incumbents. In 2008, Piramal Healthcare introduced a portable self-monitoring blood glucose (SMBG) system with Arkray from Japan. The device simplifies self-monitoring of blood sugar levels into three simple steps and also maintains historical readings. Other global players, Abbott, Bayer and Johnson & Johnson, also carry a large product portfolio of SMBG devices and have started to promote them in the Asia Pacific region. As the market matures, such players are expected to promote their products actively to consumers in India as well.
Other portable devices such as inhalers and nebulizers for asthmatic patients and pain management devices (e.g. TENS devices) are helping to create further potential markets.
The World Health Organization expects the number of asthma patients within urban areas in India to reach 6.6 million by 2011. Approximately 38% of these patients will be between 15 and 40 years old.
Local players such as BPL Healthcare, Infinity Mediquip and MRK Healthcare are actively improving the technology and prices of their compact nebulizers in order to capture a growing customer base in India. Foreign companies are also entering the market through partnerships with local players. In 2009, Piramal Healthcare launched ActiPatch, a drug-free bioelectronic patch for pain management developed by US based BioElectronics Corporation.
Opportunities for fitness and well-being
Urbanization drives the growth of fitness centers that in turn drives the use of simple devices such as body fat analyzers, pedometers, cholesterol meters, and digital thermometers in fitness clubs and homes.
Premium portable equipment produced by foreign players such as Omron Healthcare, FUTREX and COSMED is sold to health clubs and fitness centers through a few importers and distributors.
The health and fitness market is expected to continue to grow at an annual rate of 15% in India. Global fitness and wellness players such as Fitness First and Gold’s Gym are aggressively expanding into major Indian cities while local players like VLCC and Talwalkars have become well established.
Opportunities for rural usage
Urbanization has another impact on India’s rural areas: a brain drain as doctors and nurses move to the cities. The lack of infrastructure and facilities has also hampered the development of medical services in rural India. Electricity may not always be reliable, transportation can be patchy and local medical practitioners may lack a breadth of experience.
Portable medical devices that run on mobile networks are one solution to such challenges. They are especially useful for roving medical units. In 2009, GE Healthcare launched MACi 400, a portable electrocardiogram in India, which is highly mobile and inexpensive to operate. Siemens and Philips are amongst few other players in the portable mobile devices market.
India’s information and communication technology sector has been developing at a rapid pace and telecom players are exploring the mobile medicine sector. In December 2009, Vodafone Group revealed plans for a new business unit that will work with pharmaceutical companies and government organizations to provide healthcare services using mobile phone technology. With more than 500 million mobile phone subscribers, mobile-based healthcare services offer a huge market opportunity.
Which city to start with?
A recent survey by GIA amongst players within India’s construction and manufacturing sectors indicates that medical and healthcare facilities remain one of the top issues in many urban cities.
When asked “what challenges will urban growth pose?”, respondents from Bangalore and Jaipur said that the greatest challenge in their cities was medical facilities and services, over and above education, transport infrastructure, electrical supply, housing and water supply.
Challenges in developing medical & healthcare facilities by city
Source: GIA survey, 115 professionals from India’s construction and manufacturing sectors. Score: 5=most challenging, 1=not challenging
Though India presents significant potential for innovative portable healthcare devices to meet the challenges in medical facilities and services, players will have to scrutinize carefully and evaluate their own challenges ahead.
The high cost and low awareness of portable self-care products remain significant hurdles, and a loosely regulated healthcare insurance sector poses additional risks and challenges. A carefully planned market entry strategy is therefore crucial to fully exploit the growth opportunities in India.
GIA Geographies Bulletin - India
Consumer Medical Devices to Cater to India's Increasingly Urbanized Middle Class
Tuesday, July 20, 2010
Open Letter to the President OBAMA - (BP OIL CRISIS)
BP OIL SPILL and PRUDENT SOLUTION:
Dear President and the Crisis Management team:
I have been following public and open information on the BP-OIL-Crisis. A MUST Solution to the Problem may have been overlooked.
We from the California Takshila University would like to recommend to the Crisis management team to at least once look into the "OILZAPPER
Bio-remediation" protocol/process.
This Method have been developed by TERI and used by INDIA-Govt.
It is not only the solution for this current situation but most problems that we have with the oil in the world.
We strongly believe that your attention to the solution will do good to the people here and people around the globe.
California Takshila University is available to provide any help you need.
Best regards,
Ryan Baidya, PhD, MBA
Scientist, Author and Entrepreneur
Dear President and the Crisis Management team:
I have been following public and open information on the BP-OIL-Crisis. A MUST Solution to the Problem may have been overlooked.
We from the California Takshila University would like to recommend to the Crisis management team to at least once look into the "OILZAPPER
Bio-remediation" protocol/process.
This Method have been developed by TERI and used by INDIA-Govt.
It is not only the solution for this current situation but most problems that we have with the oil in the world.
We strongly believe that your attention to the solution will do good to the people here and people around the globe.
California Takshila University is available to provide any help you need.
Best regards,
Ryan Baidya, PhD, MBA
Scientist, Author and Entrepreneur
Saturday, February 6, 2010
Entrepreneurship Center
California Takshila University is expanding its entrepreneurship programs to India and Brazil. Over the past two years there are several professionals in India benefited through our distant programs in Management, technology and entrepreneurship. Now many of such professional have the opportunity to attend programs at the CTU-Silicon Valley Campus.
Friday, December 25, 2009
Business in India
DOING BUSINESS IN INDIA
Doing business in India in the 21st century is on one hand not so much different than doing business in any other emerging or industrialized country. On the other hand doing business in India is a unique undertaking if one expect optimum outcome in a reasonable time.
Why this is the case?
India is a country with a distinct philosophy, ideology and ethos. India was under outside threats from the 11th century when her trades and economy were at her peak- The best in the world. People of India lived under outside rulers for 750 years until her independence in the mid 20th century. Ironically all those influences did not affect much of her core ideology and identity. One’s ideology and identity makes the character and personality of the country. Though India externally seems to be reasonably comparable with the western world, India remains an interesting and mystic society – understanding India require serious learning and dedication.
In Max Muller words:
“If I were asked under what sky the human mind has most fully developed some of its choicest gifts, has most deeply pondered on the greatest problems of life, and has found solutions, I should point to India.”
-Max Mueller, German Scholar, 1823-1900
Successfully doing business in India requires an array of complex skills and sound understanding of the nation and its people compared to the knowledge needed to do business in most other emerging and western countries. Followings are a few key areas one might build competence in:
(1) Origins of India: Historical and Contemporary India
(2) Culture of India: Society, Spirituality, Belief-systems, Rituals and Customs
(3) Economics, Business and Politics of India
(4) India as an Emerging Market: A two Market system
a. Commercial Center Markets (Bangalore, Chennai, Hyderabad, Mumbai, and New Delhi)
b. Rural India- Market
(5) Work-force and human resource management in India
(6) Management Style
(7) Communication, Negotiation and Deal –sealing in India
(8) Education and Educational Institutions in India
(9) Living in India – the Infrastructure and Public Services
WHAT IS INDIA
India is not simply a geographic location. It is a concept that is continuously shedding, shaping and reshaping like an epidermis-outer layer of an organism. India is alive with both multiplicity and continuity. It is an unusual blend of cultures, religions, races and languages. The nation's identity and social structure remain protected by a rich cultural heritage that dates back at least 10,000 years, making India one of the oldest formal social-systems in the world.
Recent genome analysis: Indian is the mother of all Asians. The ancestors of the contemporary population of China, Japan and other East Asian countries migrated from India, according to a research study conducted by a team of scientists from 10 Asian countries. India, China, Japan, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand were all part of this scientific study and analysis.
ONE OF THE FASTEST GROWING MARKETS
The Indian market with its over 1.1 billion populations, presents attractive and diverse opportunities for international companies that have appropriate and suitable products, services, and commitment. India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, education, research, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars as the Indian economy further expands internally and globally. India’s middle class is estimated to be as large as the entire population of the United States. India’s GDP grew at the rate of 8.7% in 2007-08, and it has potential for a sustained growth of 7-10% for the next ten years.
India as an emerging Market
SOME FACTS AND FIGURES OF INDIA
Official Name: Republic of India
Independence: 15 August 1947 (from British)
Government type: Federal Republic
Capital: New Delhi, Financial Center: Mumbai
Legal system: Based on English common law; limited judicial review of legislative acts;
Currency: Indian Rupee (Rs)
GDP: $1.16 trillion, Per Capita (PPP): $4,139 (2007-08)
Geography: India has vast open ocean-fronts (east, south and the west) and on the north it has Himalayan mountain range.
• Location South Asia bordering the Arabian Sea to the west and the Bay of Bengal to the east. India shares land boundaries with Bangladesh, Bhutan, Burma, China, Nepal, and Pakistan
• Area 3,287,590 sq km
Population
Total - 1,129,866,154 (July 2007)
Urban population (% of total) - 28.4
Age structure:
• 0-14 years: 34% (male 189,487,322; female 174,123,490)
• 15-59 years:56.9% (male 303,400,561; female 282,238,162)
• 60 years and over: 7.5% (male 37,768,327; female 38,853,994) (2001 census)
Population growth rate: 1.60% (2007 est.)
Life expectancy at birth: Total population: 68.59 years (2007)
Male: 66 years (2007), Female: 71 years (2007 est.)
Literacy (2001census): Definition of Literacy: age 15 and over can read and write
Total population: 64.8%
Male: 75.3% Female: 53.7%
Religions
Hindu 80.5%, Muslim 13.4%, Christian 2.3%, Sikh 2%, Buddhist 0.8%, Jain 0.4%, other 0.6%
Languages
India's 1.1-billion people speak more than 6,500 languages and dialects, according to the 2001 census. However, many of the spoken languages and dialects are in the verge of extinction due to low population and none or little use for livelihood.
The major official language of the India is Hindi that is the primarily used by over 300,000,000 people. Other most common regional official languages are: Bengali, Telugu, Marathi, Tamil, Gujarati, Malayalam, Kannada, Oriya, Punjabi, Assamese, Kashmiri, and Sindhi.
English enjoys associate status but is the most important language for national, political, and commercial communication. English has become a "lingua franca" and is the accepted language for business and government.
Doing business in India in the 21st century is on one hand not so much different than doing business in any other emerging or industrialized country. On the other hand doing business in India is a unique undertaking if one expect optimum outcome in a reasonable time.
Why this is the case?
India is a country with a distinct philosophy, ideology and ethos. India was under outside threats from the 11th century when her trades and economy were at her peak- The best in the world. People of India lived under outside rulers for 750 years until her independence in the mid 20th century. Ironically all those influences did not affect much of her core ideology and identity. One’s ideology and identity makes the character and personality of the country. Though India externally seems to be reasonably comparable with the western world, India remains an interesting and mystic society – understanding India require serious learning and dedication.
In Max Muller words:
“If I were asked under what sky the human mind has most fully developed some of its choicest gifts, has most deeply pondered on the greatest problems of life, and has found solutions, I should point to India.”
-Max Mueller, German Scholar, 1823-1900
Successfully doing business in India requires an array of complex skills and sound understanding of the nation and its people compared to the knowledge needed to do business in most other emerging and western countries. Followings are a few key areas one might build competence in:
(1) Origins of India: Historical and Contemporary India
(2) Culture of India: Society, Spirituality, Belief-systems, Rituals and Customs
(3) Economics, Business and Politics of India
(4) India as an Emerging Market: A two Market system
a. Commercial Center Markets (Bangalore, Chennai, Hyderabad, Mumbai, and New Delhi)
b. Rural India- Market
(5) Work-force and human resource management in India
(6) Management Style
(7) Communication, Negotiation and Deal –sealing in India
(8) Education and Educational Institutions in India
(9) Living in India – the Infrastructure and Public Services
WHAT IS INDIA
India is not simply a geographic location. It is a concept that is continuously shedding, shaping and reshaping like an epidermis-outer layer of an organism. India is alive with both multiplicity and continuity. It is an unusual blend of cultures, religions, races and languages. The nation's identity and social structure remain protected by a rich cultural heritage that dates back at least 10,000 years, making India one of the oldest formal social-systems in the world.
Recent genome analysis: Indian is the mother of all Asians. The ancestors of the contemporary population of China, Japan and other East Asian countries migrated from India, according to a research study conducted by a team of scientists from 10 Asian countries. India, China, Japan, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand were all part of this scientific study and analysis.
ONE OF THE FASTEST GROWING MARKETS
The Indian market with its over 1.1 billion populations, presents attractive and diverse opportunities for international companies that have appropriate and suitable products, services, and commitment. India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, education, research, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars as the Indian economy further expands internally and globally. India’s middle class is estimated to be as large as the entire population of the United States. India’s GDP grew at the rate of 8.7% in 2007-08, and it has potential for a sustained growth of 7-10% for the next ten years.
India as an emerging Market
SOME FACTS AND FIGURES OF INDIA
Official Name: Republic of India
Independence: 15 August 1947 (from British)
Government type: Federal Republic
Capital: New Delhi, Financial Center: Mumbai
Legal system: Based on English common law; limited judicial review of legislative acts;
Currency: Indian Rupee (Rs)
GDP: $1.16 trillion, Per Capita (PPP): $4,139 (2007-08)
Geography: India has vast open ocean-fronts (east, south and the west) and on the north it has Himalayan mountain range.
• Location South Asia bordering the Arabian Sea to the west and the Bay of Bengal to the east. India shares land boundaries with Bangladesh, Bhutan, Burma, China, Nepal, and Pakistan
• Area 3,287,590 sq km
Population
Total - 1,129,866,154 (July 2007)
Urban population (% of total) - 28.4
Age structure:
• 0-14 years: 34% (male 189,487,322; female 174,123,490)
• 15-59 years:56.9% (male 303,400,561; female 282,238,162)
• 60 years and over: 7.5% (male 37,768,327; female 38,853,994) (2001 census)
Population growth rate: 1.60% (2007 est.)
Life expectancy at birth: Total population: 68.59 years (2007)
Male: 66 years (2007), Female: 71 years (2007 est.)
Literacy (2001census): Definition of Literacy: age 15 and over can read and write
Total population: 64.8%
Male: 75.3% Female: 53.7%
Religions
Hindu 80.5%, Muslim 13.4%, Christian 2.3%, Sikh 2%, Buddhist 0.8%, Jain 0.4%, other 0.6%
Languages
India's 1.1-billion people speak more than 6,500 languages and dialects, according to the 2001 census. However, many of the spoken languages and dialects are in the verge of extinction due to low population and none or little use for livelihood.
The major official language of the India is Hindi that is the primarily used by over 300,000,000 people. Other most common regional official languages are: Bengali, Telugu, Marathi, Tamil, Gujarati, Malayalam, Kannada, Oriya, Punjabi, Assamese, Kashmiri, and Sindhi.
English enjoys associate status but is the most important language for national, political, and commercial communication. English has become a "lingua franca" and is the accepted language for business and government.
Wednesday, December 23, 2009
Tamaso Mā Jyotirgamaya
--Tamaso Mā Jyotirgamaya - (From Darkness to Light) -let this be our collective motto for the 2010. - Happy new year. from CA Takshila University/Biopreneur.
CTU/Biopreneur is embarking on a figurative and literary motto of "Darkness-to-light through -
(1) Bringing Solar Lantern to thousands of rural people in India and elsewhere
(2) Giving access to Universities education to the people around the globe at and/or no-cost.
What we need are the supports from millions of you - support of any-kind : -time, wisdom, books, computers, funds, grants, endowments and self-sponsored projects.
Thank you,
California Takshila University (www.ctuniv.org)
info@ctuniv.org
Sunday, November 1, 2009
6 Thriving Jobs That Are Here to Stay
Even in a turbulent economy there's hope for sustained employment in careers that stand the test of time. The downturn means an opportunity for those who want to return to school to increase their skills and earning power -- or for those who are training for their first job.
In any recession, the outcome often means the job market reshapes itself, with in-demand careers rising to the top. Job titles may change, but professionals with key skill sets will continue to thrive in careers with staying power.
If you're looking for career training, a college degree, or certification courses to qualify for a profession with legs, here are six careers to consider:
Alternative Energy Engineers
Green is good. And engineers with specializations in environmental sciences will find themselves valued in today's and tomorrow's economy. You'll be designing solutions for issues of global warming, waste water and air pollution, outdated fossil fuel energy systems, and excessive carbon footprints.
Join the ranks of environmental engineers with a bachelor's degree in engineering. Or, if you're an engineer, take a master's degree in environmental studies or advanced engineering. Job growth is predicted at 25 percent between 2006 and 2016, and the 2008 median annual wage was $74,020.
Registered Nurses
Registered nursing tops the health-care occupations with the greatest number of total jobs (2.5 million). Openings are expected to rise 23 percent from 2006 to 2016. Recent news reports say that 116,000 jobs for registered nurses are currently open in hospitals, with another 100,000 unfilled positions at nursing homes. An additional 587,000 new jobs are predicted to open, which makes nursing the single-largest occupation in terms of career growth.
Prepare to land an opening by completing an online associate or bachelor's degree program in nursing. The median 2008 annual wage for registered nurses was $62,450, with top earnings at $92,240.
Accountants
People who count money and help others prepare for taxation have been around forever. Job growth is projected at 18 percent between 2006 and 2016.
To join this nearly-bulletproof profession, complete an online bachelor's degree in accounting. To increase your earning potential, take national exams to qualify as a certified public accountant. In 2008, the median annual wage was $59,430, with accountants in the top-earning bracket drawing $102,380.
Paralegals
Lawyers are bound to last the economic shakedown, but they're having trouble handling the workload. That's why paralegals are increasingly brought into private practice, government organizations, and corporate legal departments to shoulder the research and paperwork duties. Projections show a 22 percent increase in paralegals during the 2006-2016 decade.
There are online associate's and bachelor's degree programs that qualify paralegals to enter the law office and courthouse. Earnings are rising, too. The median 2008 annual wage for paralegals was $46,120, with the top 10 percent taking home $73,450.
Physician Assistants
Health-care professions are on the rise. The employment of physician assistants is projected to grow by 27 percent from 2006 to 2016. Physician assistants handle a great many medical procedures under the direct supervision of a doctor, including making diagnoses, conducting examinations, and taking medical histories.
The states and the District of Columbia require physician assistants to pass a physician assistant national certifying examination in addition to completing a two-year degree program. Employers are looking for candidates with bachelor's degrees and health-care experience. The median annual wage for physician assistants in 2008 was $81,230.
College Professors and Post-Secondary Teachers
The current generation of qualified educators is facing retirement. The U.S. Labor Department predicts a 23 percent increase in jobs for postsecondary teachers between 2006 and 2016. That means ample openings at trade schools, vocational schools, community colleges, and universities. Requirements vary by institution and subject matter.
At the university level, you'll often need to complete a Ph.D. in your field. At community colleges, professors and instructors may only need a master's degree to land a faculty position. In technical institutes, an undergraduate degree and on-the-job experience in your subject matter may suffice. Wages vary greatly, between $58,662 and $98,974.
Even in today's uncertain economic climate, there are careers with resilience and a promising upside. While others may emerge out of the tumult, these six professions deserve consideration.
In any recession, the outcome often means the job market reshapes itself, with in-demand careers rising to the top. Job titles may change, but professionals with key skill sets will continue to thrive in careers with staying power.
If you're looking for career training, a college degree, or certification courses to qualify for a profession with legs, here are six careers to consider:
Alternative Energy Engineers
Green is good. And engineers with specializations in environmental sciences will find themselves valued in today's and tomorrow's economy. You'll be designing solutions for issues of global warming, waste water and air pollution, outdated fossil fuel energy systems, and excessive carbon footprints.
Join the ranks of environmental engineers with a bachelor's degree in engineering. Or, if you're an engineer, take a master's degree in environmental studies or advanced engineering. Job growth is predicted at 25 percent between 2006 and 2016, and the 2008 median annual wage was $74,020.
Registered Nurses
Registered nursing tops the health-care occupations with the greatest number of total jobs (2.5 million). Openings are expected to rise 23 percent from 2006 to 2016. Recent news reports say that 116,000 jobs for registered nurses are currently open in hospitals, with another 100,000 unfilled positions at nursing homes. An additional 587,000 new jobs are predicted to open, which makes nursing the single-largest occupation in terms of career growth.
Prepare to land an opening by completing an online associate or bachelor's degree program in nursing. The median 2008 annual wage for registered nurses was $62,450, with top earnings at $92,240.
Accountants
People who count money and help others prepare for taxation have been around forever. Job growth is projected at 18 percent between 2006 and 2016.
To join this nearly-bulletproof profession, complete an online bachelor's degree in accounting. To increase your earning potential, take national exams to qualify as a certified public accountant. In 2008, the median annual wage was $59,430, with accountants in the top-earning bracket drawing $102,380.
Paralegals
Lawyers are bound to last the economic shakedown, but they're having trouble handling the workload. That's why paralegals are increasingly brought into private practice, government organizations, and corporate legal departments to shoulder the research and paperwork duties. Projections show a 22 percent increase in paralegals during the 2006-2016 decade.
There are online associate's and bachelor's degree programs that qualify paralegals to enter the law office and courthouse. Earnings are rising, too. The median 2008 annual wage for paralegals was $46,120, with the top 10 percent taking home $73,450.
Physician Assistants
Health-care professions are on the rise. The employment of physician assistants is projected to grow by 27 percent from 2006 to 2016. Physician assistants handle a great many medical procedures under the direct supervision of a doctor, including making diagnoses, conducting examinations, and taking medical histories.
The states and the District of Columbia require physician assistants to pass a physician assistant national certifying examination in addition to completing a two-year degree program. Employers are looking for candidates with bachelor's degrees and health-care experience. The median annual wage for physician assistants in 2008 was $81,230.
College Professors and Post-Secondary Teachers
The current generation of qualified educators is facing retirement. The U.S. Labor Department predicts a 23 percent increase in jobs for postsecondary teachers between 2006 and 2016. That means ample openings at trade schools, vocational schools, community colleges, and universities. Requirements vary by institution and subject matter.
At the university level, you'll often need to complete a Ph.D. in your field. At community colleges, professors and instructors may only need a master's degree to land a faculty position. In technical institutes, an undergraduate degree and on-the-job experience in your subject matter may suffice. Wages vary greatly, between $58,662 and $98,974.
Even in today's uncertain economic climate, there are careers with resilience and a promising upside. While others may emerge out of the tumult, these six professions deserve consideration.
Subscribe to:
Posts (Atom)