Who here thinks the IT industry is going to be HOT once again??

[roncarter]

Im debating in getting a degree in MIS or FINANCE

 

[axelfox]

It won't be as hot as it once was. VC spending will be alot more conservative.

I was a Business Finance major

 

[N8Magic]

Who here thinks the IT industry is going to be HOT once again??

I doubt it.

During the dot-com era when salaries were highest, the whole internet and computer scene was relatively new to the masses. Because of the relative newness of IT at the time, there was a shortage of qualified employees which led to higher salaries.

Now that time has passed, qualified employees are somewhat easier to find as people saw this as a "hot" sector and upgraded their skills to follow suit. With a larger pool of employees comes a drop in average salary as there is more competition amongst similarly qualified employees who are willing to work for less and less money respectively.

I'd go for the finance degree myself, as it will be safer in the long run.

 

[Linflas]

Everyone forgets the amount of spending that took place due to the Y2K hype. Many companies upgraded to the latest and greatest in the year prior and all those systems are nearing the ends of their life cycles. I doubt we will see another dot com boom but the IT sector as a whole should do quite well in the long run IMHO.