STEM courses are becoming vital and new roles may that are more adapted to the new division of labour may emerge.
The STEM field is an obvious choice if you’re looking for high-paying work with plenty of job opportunities. The wages of professionals in STEM fields are more than double that of non-STEM occupations.
The demand for highly qualified people with subject-matter expertise and technological abilities is rising rapidly. STEM courses are becoming vital. According to the World Economic Forum’s report, 97 million new roles may emerge by 2025 that adapt to the new division of labour between humans, machines and algorithms. This report covered 15 industries and 26 economies.
The demand is increasing for data scientists, data analysts, robotics engineers and specialists in artificial intelligence and machine learning. Thus the career choice under STEM is right. However, it is necessary to know the best place to study STEM. Being the STEM hub, the USA has emerged as the best choice.
The USA – The best place for STEM
The USA provides the world’s finest education and hosts some of the finest universities which are consistent in the World University rankings. American institutions have high academic standards, maintain quality and offer an excellent education to their students.
More than 25 of the top 100 universities, according to the QS world ranking 2023, are from the USA. The USA also hosts private Northeastern schools that are known for their STEM courses across the world. They include Columbia University, Brown University, Dartmouth College, Cornell University, the University of Pennsylvania, Harvard University, Princeton University and Yale University.
The reasons behind the students choosing the USA for STEM courses are as follows:
Visa extension in the US for STEM graduates: International students with F-1 visas who receive STEM degrees can apply for a 24-month extension of their post-completion OPT. OPT comprises 12 months. Thus, STEM international students can work for 36 months in the USA.
Silicon Valley: The Silicon Valley of the United States serves as the technology hub of the nation. The headquarters of some companies like Apple, Microsoft, Alphabet (Google) and Meta are situated in Silicon Valley. They offer attractive training and internship programs for international students to participate in during breaks.
Science and Tech – a focus: Science and Technology are the focus of the US. The US government has increased its investments in science and technology. It has increased the spending levels for basic and applied research to $100 billion.
This budget is for pandemic preparedness, ending cancer, climate solutions and eminence in science and technology research and innovation. These problems must be solved by experts in the STEM space. For gross research and development (R&D) expenditure, the USA ranks number one in the world.
More skilled professionals are in need: The US has a talent shortage at a 10-Year high and estimates show that by 2030, the global talent shortage could reach 85.2 million people. This will result in the loss of trillions of dollars for companies in economic opportunities. The labour market analysts stated that the most affected industries will be the knowledge-intensive ones such as technology, financial services, telecommunications, media and manufacturing.
The top 50 careers in the USA on the basis of strong job satisfaction, ample job openings and high-earning potential are dominated by STEM careers. They include Full Stack Engineer, Enterprise Architect, DevOps Engineer, Data Scientist, Java Developer, Machine Learning Engineer, Salesforce Developer, Physician, UX Designer, Automation Engineer, Electrical Engineer, Dentist and Psychologist.
Job opportunities: STEM offers successful and rewarding careers. They offer pay packages that are equivalent to the standard of living in the USA. Nearly 60 per cent of employers struggle to fill job vacancies and careers in STEM constitute the major skills gap in America.
Millions of unfilled STEM jobs are present in the USA. Thus, the USA is working to boost STEM education as nearly 3.5 million STEM jobs must be staffed by 2025. The USA has higher budgets and expenditures for STEM-related scholarships, fellowships and research.
Rich curriculum and courses: The USA offers a rich curriculum in various fields like Animal Science, Aeronautical, Behavioral Sciences, Architectural Engineering and Astronomy among others. The USA offers top-notch education, proximity to Silicon Valley and first-rate infrastructure. There are a lot of opportunities for students in the field of STEM in the United States and across the globe.
The rising popularity of STEM and the way forward
Education in STEM aids in resolving the problems that the world currently faces. Students must equip themselves with current, in-demand skills to help them become innovators in a world that is rapidly changing.
STEM education offers benefits such as enhancing teamwork and collaboration, compatibility with real-world problems and encouraging innovation and creativity. STEM sector offers many opportunities due to the flourishing of the industry. Therefore, there is a greater need for specialists in the field.
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