• Wall Street is losing. Computer science is gaining

    • wall street cry thumb 450x311 Wall Street is losing. Computer science is gaining
    The wheel has turned full circle. Since 1980s when computer science field was evolving, getting a major in computer science was the most attractive options for students. Then came the dot-com bubble in 2001, and things changed forever. From then on the world of finance has remained extremely lucrative field. Talk to any ivy-leaguer and he’ll tell you how big is an Goldman Sachs opportunity. But now after the finance-bubble or sub-prime crisis, people are again turning back towards computer science. John Gallaugher, associate professor of information systems in the Carroll School of Management at Boston College, said he’s already seeing a shift in student interest. “Students have commented to me and written on their course wikis that they’re considering changing from finance [majors], both based on the appeal of IS and concern over availability of finance jobs” in the future, Gallaugher said.


    “Current economic conditions seem to impact the choice that students make in the majors they choose — that has been true for computer science,” said Jay Vegso, a CRA analyst who studies computer science enrollment trends. “Students who are now choosing majors might be looking for safer alternatives,” he said, and IT may be a safer alternative.
    [Via Computer World, Image Courtesy]

    Posted in Topics : Industry Buzz; Tags : on September 30, 2008

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