| I couldn't help but notice that there is a | | | | Logistics. |
| run on Engineering and Accounting jobs in the | | | | |
| market right now. I decided to do a little | | | | In this time of innovation in this country |
| research to see if I was imagining this and | | | | where technological advancements occur so |
| here is what I came up with: | | | | rapidly the need for quality engineers is |
| | | | apparent. Competitive advantages are won or |
| After speaking with employers and examining | | | | lost on the ability to drive innovation. |
| job descriptions It didn't take long to | | | | |
| realize that the mad rush to fill accounting | | | | Another important factor to consider is the |
| positions can be traced back to the high | | | | pool of candidates available for high level |
| profile accounting scandals at companies such | | | | engineering jobs in this country. According |
| as Enron, WorldCom, and Tyco. In response to | | | | to the National Science Board, International |
| these scandals Congress enacted the Sarbanes | | | | students account for nearly half the US |
| Oxley Act of 2002, also known as the Public | | | | doctorates awarded in engineering and |
| Company Accounting Reform and Investor | | | | computer science. In addition, more than |
| Protection Act of 2002. | | | | 35% of US engineering and computer science |
| | | | university faculty are foreign-born. |
| Sarbanes Oxley established 11 new stringent | | | | |
| standards for company boards, management, as | | | | According to the Journal of Engineering |
| well as public accounting firms. Rulings on | | | | Education many nations are seeking to reap |
| requirements of Sarbanes Oxley come from the | | | | the benefits of advanced education, including |
| Securities and Exchange Commission. | | | | strong positive effects on GDP growth. They |
| | | | are not only trying to attract international |
| As a result of this legislation as well as | | | | students to their countries they are trying |
| an overall climate of corporate regulation | | | | to lure top talent as well. Those countries |
| companies are placing a premium on finding | | | | like China and India that used to feed |
| quality accounting candidates, specifically | | | | American schools with engineering students |
| those candidates that have experience with | | | | are now making a concerted effort to keep |
| Sarbanes Oxley compliance. | | | | those students home or to return home after |
| | | | getting their education. This new |
| The generous supply of Engineering jobs on | | | | competition may be a factor on the pool of |
| the market can be traced back to several | | | | quality candidates for engineering jobs in |
| different factors. According to The | | | | this country. |
| Engineer of 2020: by the National Academy of | | | | |
| Engineering the engineering field is and will | | | | One thing is for sure, if I were advising a |
| continue to be driven by breakthrough | | | | young person today I would say get that |
| technologies specifically Biotechnology, | | | | accounting degree or that engineering degree |
| Nanotechnology, Materials Science and | | | | and better yet get an advanced degree. You |
| Photonics, Information and Communications | | | | will be in high demand. |
| Technology, Information Management, and | | | | |