Business Grads Look To Alternate Paths

Getting an MBA requires hard work on dozens of courses from accounting to finance. And it isn’t cheap. Top schools cost as much as $50,000 a year on tuition alone. While banks decline to share the numbers, job postings within the financial sector are down 40 percent.

With fewer Wall Street firms hiring, some b-school grads are shifting gears and setting their sights on less lucrative, but possibly more rewarding careers. Here to talk about some of those less traditional job prospects is Rebecca Joffrey, career development director at the Tuck School of Business at Dartmouth. It's one of the oldest business schools in the country, and last year the average Tuck grad made $110,000, plus $168,000 in benefits and bonuses. We also talk to Nick Riolo, a graduating student at Tuck who will be joining the workforce with a food company.

The New York Times: Business Graduates Looking Beyond Wall Street

And despite a slew of new releases, the music industry has been downsizing for almost a decade. Ever since Napster and file-sharing gouged the CD market, record labels have been laying off some high-level suits. Eric Molinsky caught up with some former music industry executives to see how they’re getting by after living large in the record biz. You can listen to this story at the Public Radio Exchange.

(Photo by Schlüsselbein2007 via Flickr/Creative Commons)