We graduate and we want opportunities. We need jobs to support families. They had invested in our education. But as you do that, remember two phases of any career: a season for the accumulation of capabilities and the one for the monetization of capabilities. A good job pays good wage, from employer. But a GREAT job assures good wage from you. That distinction is very important and understanding that will give you job security, in Nigeria.
If 500 Nigerian graduates enter banking in a year, by 5th year, only about 300 would remain. By 15th year, less than 70 from that set would still be in banking. And without oil & gas, and telecoms sectors expanding, most of those banking professionals cannot find second decent jobs in Nigeria. Our economy is really small to absorb them.
There is an implication: most go through career paralysis in mid-age, struggling to make enough money that they made at the onset of their careers. You can avoid that trap by investing early in your career. A job that does not allow you to develop YOU may not be a good one. You would make money but if they cut you, you could be miserable mid-age. And because less than 7% survive to the top, the best is to leave the vacations, second cars, etc and invest early in your career. A Master’s degree could secure your career. An ICAN makes you durable. Find the enabler in your profession.
I had known that PhD is the best job security because the unemployment rate is 0.6% globally. Add engineering, it is less than 0.1% [there is no PhD engineer from an accredited school that wants a job that cannot get one]. My message is build capabilities and by grace lock that future.
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