Translation is the hottest emerging profession of the new millennium. With globalization, comes the need for those who can speak a difficult foreign language. Arabic, Russian, Chinese and Spanish are going to be in the highest demand worldwide. If you can speak a foreign language your job prospects, and pay rate, go up dramatically. Companies of all kinds do business globally. No matter what field you are interested in, be it business, agriculture, or education, there will be many companies who will find real value in your ability to translate for them. Look for colleges that make it a point to specialize and excel in language studies.