Is a law degree a good fit for supply chain managers? FYI: > 50% of the World’s Lawyers are American (we are 4% of the global population)!

Sime Curkovic

May 9, 2022May 19, 2022

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Is a law degree a good fit for supply chain managers? FYI: > 50% of the World’s Lawyers are American (we are 4% of the global population)! Also: U.S. Tort Costs as a % of GDP: 2.40% (the avg for industrialized nations is .8%). That’s why we make our SCM students take an advanced contract...

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My students in Silicon Valley say making $200K+/yr feels like making $90K/yr in Metro Detroit. Some pay close to $6K/month for rent (so they need roommates). Owning a home will be tough. Kind of related…Ranked: Worst Companies for Employee Retention:

Sime Curkovic March 23, 2024March 23, 2024
Great read…Translation: Success = Pick the right major (i.e., demand > supply) + Get work experience (i.e., internships related to major) + Pick the right first job (i.e., they pay a premium for your major because of supply/demand conditions and you are job ready day one because you have professional work experience). Notice:

Sime Curkovic March 23, 2024March 23, 2024
PROJECTIONS POINT TO SALARY INCREASES FOR CLASS OF 2024 BACHELOR’S GRADS…”Business grads have an avg salary projection that is 3% higher, lifting it to $63,907.” Note, WMU SCM grads (2022) have a median wage range of $65-$75K (add $5K+ for 2024).

Sime Curkovic March 23, 2024March 23, 2024

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My students in Silicon Valley say making $200K+/yr feels like making $90K/yr in Metro Detroit. Some pay close to $6K/month for rent (so they need roommates). Owning a home will be tough. Kind of related…Ranked: Worst Companies for Employee Retention:

PROJECTIONS POINT TO SALARY INCREASES FOR CLASS OF 2024 BACHELOR’S GRADS…”Business grads have an avg salary projection that is 3% higher, lifting it to $63,907.” Note, WMU SCM grads (2022) have a median wage range of $65-$75K (add $5K+ for 2024).