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Development Plan

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UNIV 101-PART 2 DEVELOPMENT PLAN SAMPLE
INDUSTRY OUTLOOK My desired career path is to secure a position in economic development or international economic policy; therefore, I provided research on the general outlook for economists. The Bureau of Labor Statistics documented that “53 percent of economists” are employed by the United States federal government, state government, or an affiliated agency; and the employment outlook will rise at 6% from 2008 through 2018. “Candidates who hold master’s or Ph.D. degree in economics will have the best employment prospects and advancement opportunities” where as applicants holding a bachelor’s degree will have limited access to entry level positions. As the field of economics requires advanced education, I have conducted extensive research on applicable graduate and PhD programs. The degrees I am considering include a Master of Public Administration (MPA), Master in Public Policy (MPP), Master of Arts in International Economics and Finance (MAIEF), or PhD. Program in Economics. My target schools are the University of Pennsylvania’s Fels Institute of Government, Bandeis University’s Lemberg Program, Duke University, and American University’s School of Public Affairs. The BLS referenced that salary ranges for economists varied greatly; the highest 10 percent of professionals earned more than $149,110 and the lowest 10 percent earn less than $44,050. I also reviewed the GS salary grades for the federal government. Based on my co-op experience and bachelor degree, I would expect to fall between a GS-5-7, starting at $26,264 to a maximum of $42, 290. However, after completing a graduate program I may be eligible for up to a GS-11 which would be up to $62,593 annually. SMART GOALS

Category
Networking

SMART Goal Statement
Complete three informational interviews, during the fall of 2012, with mid to high level professionals working in economic development, public policy, or international economics working for the federal government or applicable agency within the Washington D.C. area to identify: - Viable career paths and entry level positions - Recommendations for advanced degrees and development of admission strategies, highlighting topics including: o Differentiators amongst programs (MS, MPA, MPP, MAIEF or PhD) o Application process o Creation of candidate profiles and interest statements o Recommended universities and colleges

Industry / Technical Skills

Cross-Cultural Awareness Advanced Education / Professional Licensure

Identifying a Mentor

Insight into the federal government’s job search process: o Navigating USAJOBS o Creation of federal resume - Overview of salary schedule (GS grades) Gain expertise in SAS and SPSS through participating in on-campus training sessions facilitated by Drexel’s IRT, during the fall 2012 term. Further expand on data analysis software skills by participating in a research project with the Drexel Economics Department faculty during the winter 2013 term. Expand on international experiences and improve Greek speaking skills through participating in Drexel’s Hellenic Society. Attend at least two events during the fall and winter 2012 terms. Identify ten graduate programs that are in alignment with future career goals by August 2012, documenting the following information for comparison purposes: - School ranking - GRE/GMAT requirements - Full-time vs. part-time program options - Tuition and costs - Graduate assistantships, research opportunities - Application process, deadlines, and acceptance rates - Internship opportunities - Placement statistics and average salaries of graduates Invest in GRE prep materials, expand vocabulary and complete practice tests, sit for test in October 2012. Select top five programs, create statement of interest, request recommendation letters from applicable faculty members and submit completed applications by November 2012. Identify a mentor with at least ten years of work experience in public policy, a graduate degree or PhD, international experience, and interest in sharing advice and suggestion with an undergraduate senior. Utilize my professional and faculty network to identify individuals and complete informational interviews to assess the best mentor. Establish this relationship by February 2012. -

References: Bureau of Labor Statistics, U.S. Department of Labor. “Economists.” 2010-11 Occupational Outlook Handbook. Web. 15 Mar. 2012 < http://www.bls.gov/oco/ocos055.htm/>. U.S. Office of Personnel Management. Salaries & Wages. Salary Table 2012-GS. Web. 15 Mar. 2012

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