by Doug Schmitt
BusinessSchools.com Staff Writer
September 27, 2006
Situated on the shores of Lake Erie and the Cuyahoga River, Cleveland used to thrive on a hearty steel and manufacturing economy. When those industries declined throughout the United States, Cleveland underwent a transformation which brought it into a modern service-based economy, thriving on insurance, financial, and healthcare industries. In addition to the regions booming economy, a spectacular array of recreational activities including many live music venues and professional sports teams are available for residents. Currently, the Greater Cleveland metropolitan area has a steadily growing population whose numbers are approximately 2.3 million.
Employment and Internships
Cleveland's strong business and financial sectors in addition to its healthcare industry ensure opportunities for students in the area. The Cleveland Clinic is the largest employer in the region, employing 90,000. Business students will find internship opportunities and employment with large companies that have corporate headquarters in Cleveland including National City Corporation, Forest City Enterprises, KeyCorp., Sherwin-Williams Company, and Eaton Corporation.
Cleveland business and financial operations jobs should keep growing steadily through 2014 according to the Ohio Workforce 411. On a grand scale, business and financial occupations will grow by 13.8% additional job opportunities. All management occupations will experience 9.0% more jobs. Operations managers will see 18.0% new jobs; financial managers anticipate 8.5% more opportunities; and human resources managers' job opportunities see growth of 9.2%.
Education
Educational opportunities in Cleveland for business students are numerous. The Cleveland State University Nance College of Business Administration offers bachelors and masters level degrees to students via traditional and accelerated schedules. Areas of concentration include Finance, Information Systems and Technology, Management & Labor Relations, and Operations Management & Business Statistics.
Additional educational options include Case Western Reserve University's Weatherhead School of Management, which offers bachelors, masters, and doctorate degrees. Some areas of study include Accounting, Business Economics, Management, Supply Chain Management, and Positive Organizational Development and Change. Another option is Kent State University in nearby Kent, OH, featuring The College of Business Administration and Graduate School of Management and offering Accounting, Economics, Finance, Management & Information Systems, and Marketing.
Financial Aid
Financial aid for business students in Cleveland is available in a variety of forms including grants and loans. Some of these come through the government and students can apply for these by filling out a Free Application for Federal Student Aid (FAFSA). FAFSA's can be obtained through school financial aid offices or by visiting FAFSA on the web.
Another traditional option is scholarships, which may come from private organizations or from the schools themselves. The Coca-Cola Scholars Foundation Scholarships is one example, providing up to $10,000 for high school seniors that based on academic merits as well as school and community leadership. Cleveland State University offers several scholarships each year to help students out with rising tuition costs.
More information on scholarships for students in Cleveland can be obtained through the Cleveland Scholarships Program.
Summary
Cleveland presents business students with an optimistic job outlook and an expanding economy that's sure to create numerous future employment opportunities. In addition, the variety of educational options and countless recreational activities make Cleveland an excellent choice for pursuing a business degree.
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