Now that my Vanderbilt teaching is done for the summer, I have some reflections on the year, the students, and what might await them as they move beyond their undergraduate education. My two classes combined for almost 90 students, the vast majority of whom were seniors. Here are my observations from this past academic year.
• Many of today’s graduates are highly motivated, high achievers and optimistic about their future.
• Many will go to marquee companies in fields such as investment banking, marketing, general finance and entertainment.
• Many plan to start their own businesses, or join the family business.
• Of those not going right into the business world, many will continue their education at top-tier law, business, medical or professional schools.
• Of those without a job or graduate school slot, the majority still expect to be successful in the future although they might not know what it is, yet.
So, is this very different from graduates from other top tier universities? Probably not. But this is what makes this story great.
Despite the economic gloom that we keep hearing about, despite the issues that seem to be focal points of presidential politics, some important, some not so, and despite the changes taking place in banking, marketing, the media, and healthcare, optimism prevails.
Yet, despite this overall optimism, some of these graduates are in for an awakening.
• I use cases in the marketing class, and cases don’t always allow for black and white answers. Some students have difficulty managing the “gray” of a real-world situation.
• Some students have asked me, “What do I need to do to get an “A” on a case?” When I say, “Analyze it thoroughly”, the absence of a one-dimensional answer has frustrated some.
• In the business world, at least if you start out working for someone else, you have to play by their rules, not yours.
• Not everything is customizable to suit an individual’s preferences.
I wish all 2008 graduates the best, and I am looking forward to resuming teaching in mid-August.
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The Marketing Professor
About the author: Art Johnsen, a managing partner of Locomotion Creative, has taught college courses at four Tennessee universities over the past eight years as an adjunct professor. Along with his responsibilities at Locomotion, he teaches marketing courses at Vanderbilt University. Art has an MBA degree from the University of Virginia and is co-author of the book, Cases in Advertising & Marketing Management. Continue Reading »
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Category: Gen Y, Market Segments, Trends
Tags: GenY Nashville, Marketing to 18-24 year olds, Marketing to GenY, Non-Traditional Marketing, Workplace