Economic and Environmental Determinants of Career Choice: Analyzing the Influences on Private University Graduates' Career Decisions

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v6i1.3572

Tong Luan

Australian National University, Canberra, 2601, Australia

Abstract

This paper examines the economic and environmental determinants influencing the career decisions of private university graduates, with a particular focus on the accounting and economics sectors. It analyzes how various economic factors, such as labor market conditions, educational investment, salary expectations, and the shift towards a knowledge-based economy, shape career choices. Drawing upon recent studies, the paper highlights the significance of salary, job security, and work-life balance as key economic drivers in graduate decision-making. The research also delves into the impact of globalization, automation, and technological advancements on career prospects, especially in the accounting and finance industries. Furthermore, the paper explores the growing importance of social impact and ethical considerations among graduates, leading them to seek careers that align with their personal values, even at the expense of higher financial rewards. This comprehensive analysis provides valuable insights for employers and policymakers aiming to understand the evolving preferences and expectations of graduates, particularly within the context of accounting, economics, and related fields.

Keywords

labor market conditions; salary expectations; return on investment (ROI)

References

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