Economics is a part of our everyday life. It affects our daily lives in obvious and subtle ways.
Supply and demand, opportunity costs, the law of diminishing marginal returns, and the trade war are the applications of economics in the real world. You contribute to the economy by buying a Starbucks coffee and chocolate-filled croissant.
As our lives are influenced by macroeconomic trends, like inflation, interest rates, and economic growth, an in-depth understanding of economics is imperative to make informed decisions and gain a global perspective. In-depth knowledge of economics allows individuals to drive positive change. Economics helps think strategically and optimize the outcome.
Economics graduates are in huge demand across the world. In this article, we will discuss the literal meaning of economics, how it impacts our lives, and why studying BA in Economics and Business Administration is essential for creating a rock-solid career foundation.
What Does Economics Entail?
Economics study people, their behavior, decisions, and reactions in the face of scarcity and successes. It is a combination of politics, sociology, psychology, and history.
Studying economics provides a high level of mathematical and statistical skills. This discipline also allows individuals to apply economic principles and models to business or finance problems.
Moreover, pursuing economics equips individuals with a broad economic concept that can be applied to understand complex data and the relationship between things in the broader context. Upon completing a bachelor’s in economics, you will develop a wide range of skills, including communication, numeracy, problem-solving, and analytical skills.
What Can You Do With A Bachelor’s In Economics?
BA in Economics graduates has various employment opportunities across a spectrum of industries. Common career paths for BA in Economics graduates include:
1. Economist
As an economist, you will study the production and distribution of resources, goods, and services by gathering and analyzing economic data and researching trends to provide financial advice to businesses.
2. Investment Banker
As an investment banker, you will be working towards raising capital for corporations. Investment bankers usually combine financial services, analytical prowess, and practical communication skills to support institutional clients in raising money and acquisitions.
3. Data Analyst
Data analysts solve business problems by collecting, cleaning, and interpreting data sets. They identify key business insights using data analytics, data cleaning, and statistical knowledge.
4. Actuary
These professionals evaluate and advise on the impacts of financial risk and uncertainty in business. With business and economics acumen, actuaries provide reports and assess the risk of potential events.
5. Financial Analyst
As a financial analyst, you will evaluate investment opportunities, create financial modeling for investors, assess stock performances, and evaluate outcomes for business decisions.
Conclusion
If none of the above appeals to you, there are several other lucrative career options you may want to consider. You can seek a role in international development, human resource management, IT, journalism, law, market research, public relations, or taxation. Check out the top-ranked college in Germany’s Berlin to enroll in the course.
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B.Sc. Agriculture is a program that is intended to bring expertise in cutting-edge techniques and technologies in the field of agriculture with special emphasis on sustainable and smart agricultural methods. The core curriculum of this course involves the study of horticulture, animal science, soil science, food technology, entomology, agronomy, plant pathology, genetics, and plant breeding. They focus comprehensively on field visits because the only way to impart agricultural knowledge is through experimental learning. B.Sc. Agriculture degree offers a rewarding career in the field of research and development.
Here is the list of some of the lucrative career options one can avail after pursuing a bachelor’s degree in agriculture.
Here are B.Sc. Agriculture- An emerging career option in India:
1. Actuarial Analyst:
The role of an actuarial analyst is to estimate the probability of catastrophic events including earthquakes, hurricanes, and pandemics to assess the risk in revelation to insurance companies. They work in insurance companies to design pension and investment plans.
2. Agriculture Technical Service Manager:
They work closely with seed companies within the boundaries of UPL (United Phosphorus Limited) products, chemical, and seed technologies to promote productivity, growth, and usage. They are also responsible for responding to technical service inquiries from customers as well as clients.
3. Agronomist:
Agronomists are involved in the study of developing new ways to improve farming techniques by conducting research to combat the complex issues revolving around the agricultural industry. This job role requires a self-motivated and detail-oriented individual possessing excellent analytical skills to handle sales stages, grower accounts, and CRM tools amongst many other responsibilities.
4. Agricultural Lecturer:
A lecturer in agricultural studies needs to be abreast of the latest developments in the field by agriculture by evaluating literature and contributing time to scientific conferences. They have to prepare course material, deliver lectures, supervise laboratory sessions to conduct research and publish their findings in the form of professional journals.
5. Research Associate:
The role of an agricultural research associate is to plan and coordinate various clinical research trails under his supervision in a laboratory. The projects may involve the development of improved ways of food production, animal husbandry, farming, and disease control operations.
6. Rural Development Officers:
They plan, develop, and act as a regulatory body for regional rural issues pertaining to agriculture. Promoting financial literacy issues and to uproot them from their root causes for the betterment of society is one of their core principles. They are employed in banks and insurance sectors as junior agricultural associates, field officers, agricultural and probationary officers by different public and private banks of India.
Apart from the aforementioned roles, B.Sc. Agriculture plays a strong foundation for plenty of job opportunities as agriculture portfolio managers, program managers, agriculture officers, research or fundamental analysts, primary production managers, farming consultants, associate managers, subject matter specialists, management executives, marketing executives, and project managers amongst many others. If you are looking for B. Sc. agriculture admission details, then research for best universities in India and explore the diverse field of agricultural advancements.
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An esthetician helps to promote healthy skin by giving clients skin care treatments. If you want to work in a spa or salon and want to be a part of the wellness community, an esthetician is a good choice. You can decide if this is the right career for you by learning about the common requirements and potential benefits.
This article explains what an esthetician is, how to become an esthetician, and what the average pay and job outlook are for the field. You will also learn about the skills these professionals typically use.
Who Is an Esthetician?
An esthetician is a specialist in skincare. They work with patients to help them take better care of as well as maintain their skin. The ability to identify and treat skin conditions like wrinkles, sun pigmentation, or blemishes is a specialty of estheticians. Moreover, as an esthetician, you can work in a salon or spa. But some also work in nursing homes, hospitals, movie sets, hotels, and specialty resorts.
Estheticians assist their clients wherever they work. They give them advice on how to take care of their skin at home. They can also provide skin treatments on the spot.
Cosmetic skin treatments such as facials, superficial chemical peels, body treatments, waxing, and makeovers can be administered by estheticians to their patients. Advanced procedures like full chemical peels, pore cleaning, light therapy, and hair removal may also be carried out by them. To aid patients with cancer or burn injuries in recovering from surgeries and other procedures, estheticians may also work with these patients. Other specializations available to estheticians include:
How to Become an Esthetician?
You need not go on Google and search “how to become an esthetician in Texas” or “how to become an esthetician in California.” The rules and regulations for becoming an esthetician are more or less the same all over the country. Even if you are asking, “how long does it take to become an esthetician” or “how much does it cost to become an esthetician.”
If you want to pursue a career in esthetics, here are a few steps you can follow:
Enroll in Cosmetology or Esthetics
Finish a cosmetology or esthetician program approved by the state in which you wish to work. Some states accept applicants if they are at least 16 years old. Others require applicants to have a high school degree or GED before allowing them to enroll in cosmetology or esthetician schools. The cost, location, scheduling, as well as availability of esthetics program can differ. So, it is a good idea to look into all the options in your area to determine which one will benefit you the most.
Training is provided by cosmetology or esthetician programs in the following fields:
Customer relations
Cosmetology
Esthetician treatments
Methods for sanitizing tools and workspaces
Enrolling in a cosmetology or esthetics program can verify that your abilities are sufficient and provide you with an understanding of the tasks an esthetician does daily. Most of the cosmetology and esthetician programs combine classroom instruction with practical experience in the form of coursework.
Get A License
Obtain a license to practice esthetics in the state in which you intend to work. To ensure you receive the correct license, it's important to research your state's specific regulations. Each state may have different requirements or processes for obtaining licensure. A passing score on the state licensing exam and hours of classroom and practicals are required by many states.
Written sections and practical components, such as administering treatments or demonstrating a mastery of techniques, are usually included in these exams. Many states mandate that you renew your license after a predetermined number of years. States may differ in this regard, so as soon as you obtain your license, think about when to renew it to ensure you can continue practicing law.
Certification
While certification isn't necessary for many jobs, it can demonstrate your commitment to practice and enthusiasm for the industry. This is another of the crucial things you must consider when looking up how to become an esthetician. Having a certification may set you apart from other applicants.
Especially when you apply for jobs as an esthetician because not all candidates have pursued one. After graduating from cosmetology or esthetician school and working in the industry for at least two years, estheticians can begin the certification process. Estheticians who meet all the requirements can take an exam and, if they pass, receive certification.
The National Coalition of Estheticians Association (NCEA) offers the National Esthetician Certification. It is the most widely used certification for estheticians. Moreover, to become certified, candidates must study from a training manual and apply in four to six weeks. You get permission to take the test after submitting an application, and you can use a computer at home to do so. You can retake the exam to renew your NCEA certification after it expires, which is good for three years.
Certification is a big deal when you want to know how to become an esthetician.
Acquire Practical Experience
Apply for jobs as an esthetician at entry level. After you get to know about how to become an esthetician, this is another of the things you must do. Estheticians can work in independently run spas or salons or for larger companies like resorts, hotels, and hospitals. By practicing what you learn, you can become a more skilled esthetician and become an expert at performing chemical peels, facials, and other treatments. Additionally, it can help you establish a solid clientele that knows you both personally and from your work.
Estheticians can also work in sales, as makeup artists, in public relations, or as representatives of beauty companies in other industries. If you were working as an esthetician for a few years, then you might be presented with these opportunities. During this time, you can hone your abilities and build your reputation in the industry. Then, if you'd like to find a new career that's still in the esthetics field, you can use your experience and clientele to pursue opportunities in other industries.
Go Back to School
When you begin working in the field, try to continue completing the courses necessary to become an esthetician. This will include maintaining a state license. Being aware of when to renew your license can be beneficial because most licenses require renewal after a set number of years. This could entail retaking the test or putting in a certain number of practical hours.
Estheticians can take advantage of this chance to pick up new treatment methods. Since there are always new discoveries in medicine, estheticians usually keep an eye on changes in both established practices. There is the efficacy of a given treatment and emerging ones. For example, the introduction of novel procedures or treatments. Keeping up with advancements in the field can help guarantee safe, effective treatments that increase patient satisfaction.
Salary and Job Outlook for Estheticians
Data from Indeed indicates that estheticians make, on average, $59,797 annually. This number may differ depending on variables, including the esthetician's location, experience, company size, credentials, and specializations. These professionals frequently receive 401(k) matching, tuition reimbursement, and support for their professional development.
According to the United States Bureau of Labor Statistics, employment of skincare specialists is set to grow by 29% from 2020 to 2030. This rate is comparatively faster than the average of all the other occupations within this time period. The agency has attributed this growth to the high demand for anti-aging procedures and a popular desire to pursue a healthier lifestyle. This simply means the job opportunities in this field are going to soar.
Criteria To Become an Esthetician
Before you ask about how to become an esthetician, there are certain things that you must keep in mind.
To obtain a license as an esthetician, start by researching the Board of Cosmetology requirements in your state. To be eligible for a license, most states require completion of 150–1200 hours (about 1 and a half months) at an approved training program. Certain states permit apprenticeship hours in addition to or in place of school hours.
When your hours are up, you'll apply to take the State Board exam. As soon as possible, you should begin preparing for this test by reading and practicing! Approximately 51% of individuals do not pass the written portion of this exam, so preparation is essential.
After completing your hours, you can apply to sit the state exam and earn a professional license. The National-Interstate Council of State Boards of Cosmetology (NIC) exam is used in thirty-one states. It's likely that other states employ a similar strategy. When it comes to assessing esthies seeking a state license, the NIC is the foremost national authority.
The exam, which takes about three hours to complete, consists of two parts: a written exam with about 120 questions covering science concepts, best practices, and skin care. And a practical exam where you must perform services in compliance with state laws and regulations.
How to Become an Esthetician Online?
Numerous recognized online esthetician programs are available that will give you all the instruction required. It will help you obtain your license and start a lucrative career in esthetics. The average number of hours required for specialized training won't change if you take an online course. But it may be slightly more flexible and less expensive.
Enrolling in an accredited online program is the first step toward becoming an online esthetician. It must fulfill all state board requirements in your area. The next step is to select the specialization and program type (associate degree, certification, or diploma) that you wish to enroll in.
After that, you will attend your online courses, finish your required hours, pass your training, and then sit for the esthetician exam. You can apply for your license and start working as a licensed esthetician as soon as you pass that! If you wanted to know how to become an esthetician online this is your best bet.
Uses of an Esthetician Certificate
There is a wide range of career options available to estheticians. It includes positions at salons, spas, resorts, and even cruise ships. In addition, licensed estheticians can work as:
Medical estheticians
Makeup artists
Salespeople
Salon managers
Product purchasers
Marketers
Content developers
Brand educators
State board members
Brand ambassadors
As there is no one way to become an esthetician, once you have your license, the possibilities are endless. Identifying your niche is the trick.
Most esthetician schools only provide rudimentary instruction in following state board guidelines. They may not adequately equip you for "the real world." You should consider furthering your education or taking up an apprenticeship in facials, hair removal, or other modalities. You can opt for microblading, threading, or eyelash extensions for advanced training in your chosen field.
Are Estheticians Rich
State-by-state variations exist, but the average salary for a licensed esthetician in the US is approximately $40,000. Remember that this is the average pay for an esthetician working in a salon, exclusive of tips. Additionally, this figure excludes the possible income of independent contractors and estheticians who work in industries other than providing skincare services.
Can Estheticians Make Six Figures
Those with a license in esthetics have a lot of career options and a lot of opportunities to make six figures. There is truly no upper limit to the question, "How much can an esthetician make?"
Estheticians can make a lot of money, from high-end service providers in salons to salon owners and executive beauty marketers. With your work, you can even elevate yourself to the status of social media celebrity esthetician, at which point you can start earning some serious cash!
Building a devoted clientele takes time if you're a salon professional, but once you have a high-volume clientele, it's time to buy your own place or open your own salon.
It's a good idea to start your career as an apprentice at upscale salons or spas before branching out on your own and charging top dollar for your chosen esthetic services.
If you are a waxer, for instance, your goal should be to become an expert in more costly services that you enjoy performing. One of them is Brazilian waxing, which can help you charge the higher end of your market rate for that service.
Those who provide expensive services like microblading or eyelash extensions may be able to make six figures annually. Nursing graduates who work as medical estheticians can provide more costly and invasive treatments like high-percentage acid peels, laser therapy, and Botox.
Estheticians’ Products
Regardless of the esthetics field you choose, selecting the appropriate products requires expertise. Here are some pointers for selecting the ideal products for your company
Select goods and brands that have a reputation for serving salon professionals.
Collaborate with brands that provide comprehensive brand support and wholesale goods.
Positive reviews ought to be attached to your products.
To enable full service in your chosen field, select full-service curated kits such as a spa starter kit.
How To Become an Esthetician: Get Rich
Regardless of the esthetic niche you have selected, creating and managing educational and captivating content for digital marketing purposes can be your main source of income.
It's essential to have an online store if you want to sell retail goods. It's also critical to provide online reviews, payment processing, and appointment scheduling for your clients. If you want to make six figures, even if you provide the best services in your field, you will still need to market yourself. This calls for strong business and marketing skills.
Additionally, it's critical to ensure that you're providing your customers with a distinctive, varied, and extensive selection of goods and services as take-home extras and for services.
By providing your customers with services that are tailored to their individual skin types or lifestyle preferences, you can take advantage of niche markets. It will also help you build a devoted clientele that will come back time and time again.
Make sure your wax types suit the needs, skin types, and hair types of your clients, especially if you've entered the waxing specialty. Think about who else you'd like to attract to your salon in addition to your current clientele when choosing which waxes to use.
Wrapping Up
If you're interested in making the career switch, it can be difficult to know where to start. There are so many options to consider when learning how to become an esthetician. After you've determined that this is the career for you, be sure to enroll in a course that will help you succeed in your field.
Your success in the field is largely up to you once you start practicing! You will be able to treat skin conditions such as sun pigmentation, wrinkles, and blemishes. This will allow you to make a name for yourself in an unbeatable niche and promote your brand and company. You must also keep abreast of market trends and customer preferences. The possibilities are endless once you've figured out a workflow and procedure that suits you!
If you have thoughts to share or questions to ask about how to become an esthetician, please leave a comment below. We would love to hear from you!
We also have more information if you want to know how to become a pediatrician, a therapist, a phlebotomist, an orthodontist, an anesthesiologist, a psychologist, or a physician assistant.
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C-suite leadership is a challenging position. The top executives are responsible for setting an organization's strategic direction and ensuring its long-term success.
The prestige of a top leader comes with high salaries and a seat at the table for major business decisions.
However, this prestige comes with unexpected stresses. This stress can impact personal and professional life if not managed properly.
A PwC 2018 CEO survey found that 83% of new CEOs get internal promotion to their role. However, those hired for CEO jobs from outside the company often receive more attention and support during their transition.
Therefore, companies often overlook the challenges associated with their ascension.
Similarly, despite the challenges, these individuals differ in character from those brought in from outside.
By addressing and overcoming these challenges, C-suite leaders can ensure the success of their organizations.
C-Suite Jobs: How To Overcome The Challenges?
Given below are some of the stressful challenges faced by most CEOs around the world and how you can overcome them—
1. Fighting Off The Imposter Syndrome
Making it to the C-suite is challenging. It comes with the constant pressure to perform and meet targets. Hence, it is stressful, especially during times of crisis or uncertainty.
Moreover, being accountable for your team's and the entire organization's actions can sit heavy on your shoulders.
Consequently, one common feeling in the C-suite is imposter syndrome. Here, an individual doubts their accomplishments and fears being accused of fraud. This can lead to feelings of not belonging or not qualified for the position.
The intense scrutiny of a high-profile position can make it challenging to take risks or try new approaches. This can stifle innovative leaders.
It often makes the individual feel like they are not just a team member anymore but are now in charge.
Therefore, you must focus on your accomplishments to address imposter syndrome or any form of self-doubt.
Remind yourself of your expertise, and seek support from a mentor or coach to cultivate self-compassion. Moreover, as a leader in an organization, you must let go of unrealistic expectations or perfectionism.
2. Dealing With The Lack Of Clarity
The upper management often tends to assume that everything is running smoothly. However, they only realize the issues when it is too late.
This happens due to a lack of visibility and clarity in the company's day-to-day operations.
The C-suite executives rely on information from department heads and middle managers. This can distort or filter reality, leading to an inaccurate view of reality or complex and unclear information.
Therefore, it can create significant problems that go unnoticed until too late.
To improve data-driven decision-making, organizations should visualize their business and its layers, maintain data reliability and integrity, and promote faster data-driven decision-making.
A data strategy tailored to the company's needs helps achieve data clarity. It ensures the integrity of the data used to inform key business decisions.
Finally, consolidating business data and promoting the sharing of insights across teams can help leaders ensure data clarity and the accuracy of their decisions.
3. Preventing Ego To Distort Clarity
In the business world, success can sometimes lead to complacency within the C-Suite, creating a false sense of security and impeding adaptation to changing market conditions or new technologies.
This can result in groupthink. Here, dissenting opinions get suppressed, stifling critical analysis. Thus, it makes the C-Suite blind to potential risks and challenges.
Organizations should embrace digital transformation and leverage disruption to ensure long-term success and competitiveness.
According to 83% of project managers, digital transformation has moderately or significantly impacted their work over the past five years.
Therefore, organizations should adopt an agile approach to project management. They must continuously evaluate shifting market dynamics, new technologies, and innovation to deliver against strategy.
4. Lacking Farsightedness
C-suite executives often prioritize short-term gains over long-term sustainability. This attitude can lead to decisions that harm the company in the long run.
Such decisions can result in insufficient investment in critical areas like research and development. However, these are essential for the business's long-term health.
Moreover, a CEO solely focused on short-term profits may refrain from investing in new technology. The ever-evolving technology can help companies remain competitive in the long run.
Therefore, such organizations prioritize investment in developing strategy over proper execution.
However, there appears to be a disconnect between executive leaders and project managers on strategy implementation funding.
This suggests organizations may not leverage the optimum focus and investment to deliver against strategy.
5. Fighting Loneliness And Isolation
The C-suite often faces unexpected stress due to the isolation it often brings.
Top leaders often make difficult decisions that impact many people's lives but with limited support or input from others.
This isolation can amplify feelings of loneliness and isolation, which can further exacerbate stress and anxiety.
Moreover, maintaining relationships outside of work can become challenging, and the pressure to always be "on" is exhausting.
Therefore, leaders should acknowledge their need for support, seek an executive coach, or join a mastermind group with diverse leaders to overcome this isolation.
Moreover, prioritizing finding a balance between work and personal life is crucial. You must let your team know they are human. This helps build trust and allows them to feel comfortable sharing with turn.
6. Accepting The Shift From A Peer To The Boss
When CEOs are promoted from within the company, they often find themselves leading colleagues who were once their peers or superiors.
This is a particularly tricky situation. Consequently, lingering tensions or resentments can complicate the new leader's job.
In addition, the CEO must quickly assess all direct reports and stakeholders, building their team and reenlisting people they want to keep through early conversations.
This process requires careful consideration and judgment, as the new leader must determine which team members are best suited for their roles and which may need to be replaced.
Through this process, new leaders can establish themselves as effective managers and confidently navigate the challenges of their new roles.
7. Organize Yourself For The New Role
It is common for CEOs who are promoted from within a company to face challenges when transitioning to their new roles.
On the other hand, externally hired CEOs tend to receive more support. However, providing equal opportunities for all CEOs to succeed is essential.
The board, senior management team, HR executives, and communications executives are vital in this process.
Therefore, a newly promoted CEO should understand their challenges and develop a plan to overcome them with organizational support to lead effectively.
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