The challenges of choosing the field that one will work in after school can be overwhelming, with the coursework mney typically determining the likelihood of a switch. Of the highest-paying majors, most are in STEM fields. In the United States, vollege is currently a critical shortage of STEM-trained workers; among the hardest jobs to fill are scientists and mathematicians, engineers and architects, IT computer specialists, high-skilled technicians, and construction and extraction workers, according to Monster. This lack of trained workers is slowing corporate growth in some regions, which leads to depressed competitive regional pay and the forced emigration of critical labor to healthier job markets. Stacker has examined bachelor’s degree programs to determine the 50 majors that lead to the best-paying jobs. Rankings are based on the thzt median salary reported for the major, or the salary that is expected after 10 years of continuous employment in the college majors that make most money field. For this calculation, equity or stock compensation, retirement plans, and non-cash benefits—such as health care—were not considered. Salaries are inflation-adjusted to June dollars for the sake of comparison. In the case of ties, preference was given based on the starting salary expected for a worker in the field within their first five years of employment. This statistic will be provided, maajors with the majors’ median wages.
Is College Worth It?
The Economic Value of College Majors uses Census Data to analyze wages for college majors to detail the most popular college majors, the majors that are most likely to lead to an advanced degree, and the economic benefit of earning an advanced degree by undergraduate major. Two of the top highest paying majors, STEM and business are also the most popular majors, accounting for 46 percent of college graduates. Explore the Data The interactive web tool below allows the user to see how much college graduates earn by 15 major groups and detailed major subgroups nationally and within states. State data is available only on the interactive tool below. We found that among college graduates with the same majors, earnings vary by state. For example, business is the most common major, accounting for 26 percent of college graduates. Take a Tour. Anthony P. In the video Dr. Carnevale provides advice and highlights key factors from the report. Laura is worried picking a History major may lead to low earnings but Tony assures her, that is not the case. Watch the video to learn how History majors can earn more than the average business major and much more! Infographic Discover the key statistics in our report pertaining to college majors and earnings in this infographic. The importance of a major is powerful. We found that the highest-paid majors were among the STEM science, technology, engineering, and math fields, and the lowest earning majors were with early childhood education and human services and community organization. The full report includes a more detailed analysis of the popularity of majors and educational and labor market outcomes by major. Click here. Jobs, Skills and People are the three core areas of our research. Learn More. Facebook Twitter Slideshare GU. Key Findings. Explore the PowerPoint. Discover the key statistics in our report pertaining to college majors and earnings in this infographic. Full Report The importance of a major is powerful. Read the Report. Read the Executive Summary.
Did You Know?
College students arriving on campuses across the U. But now, they’ll need to choose a major. As part of its annual College Salary Report , released today, PayScale analyzed data from graduates of more than 2, schools in order to spotlight how much graduates typically make early and mid-way through their careers. The site also identified the highest-paying college majors, and polled workers about whether or not they felt their work makes the world a better place. As in previous years , STEM fields dominate the highest-paying majors. But Sudarshan Sampath, director of research at PayScale, stresses that students should think carefully about what they want to earn a degree in, rather than deciding to pursue a major simply because it might pay well. The key, he says, is to pick a major that you are interested in that can also give you useful hard and soft skills. This, says Sampath, is another important factor to consider. Like this story? Get Make It newsletters delivered to your inbox. All Rights Reserved. Skip Navigation. Success 5 mental traps that successful people never fall for, according to psychologists Anna Borges, Contributor. Work These are the 20 best jobs in America in , new ranking says Courtney Connley. Graduate students in MIT’s Department of Aeronautics and Astronautics create simulators of a winged aircraft or ground vehicles. VIDEO Make It. Kevin O’Leary: This is the major you should be choosing if you’re going to college. Trending Now. Follow Us.
1. Engineering
Hey college students! Starting to think about graduation already? Have you got your eyes set on landing your first job—and pulling in a sweet paycheck? So what are the best college majors associated with the highest paying jobs? Glad you asked. No surprise, STEM majors—science, technology, engineering, and math—came out on top. Read on to see which common majors can lead to high paying careers right out of the gate. And you’ve got a healthy job market, too. The BLS notes that the most in-demand jobs for engineering majors are those involving renewable energy, oil and gas, rebuilding infrastructure, and robotics. Find engineering jobs on Monster now. Close behind your engineering peers are you computer science majors, who spent your undergraduate careers learning about programming, data structures , and operating systems. Find computer science jobs on Monster now. Math occupations, which are growing at a faster-than-average pace, include actuaries, operations research analysts , and statisticians.
The 15 Highest-Paying Majors Overall
Choosing a major makes an even bigger impact on future earnings than deciding which school to attend. In fact, there are a number of 2-year degrees that can mmajors to high pay.
Check out these associate degree majors. Physician Assistant Studies 2. Radiation Therapy 3. Software Engineering 4. Project Management 5. Your choice of major can have a big impact on your future salary. If salary potential matters to you, we have the data moneey will help you choose a major that leads to high pay. Petroleum Engineering 2. Applied Economics and Management 4. Operations Research 5. Political Economy. PayScale ranks the top college majors by salary to help you figure out how much you can earn after graduation.
In fact, some of those majors lead to high-paying careers as well — it just often takes a longer time for those graduates to reach their prime earning potential. PayScale publishes this data to help students and their families make smart decisions about how much they can really afford to pay for an education in their intended subject matter. Student debt has been reaching record levels. By knowing your future salary potential, you can know how college majors that make most money debt you can afford to take on, and set yourself up for a successful career in any field.
Majors That Pay You Back Choosing a major makes an even bigger impact on future earnings than deciding which school to jajors. What Am I Worth? What your skills are worth in the job market is constantly changing.
Get Your Pay Report.
The most useless degrees…
College is Expensive
College is a time for many overwhelming experiences and exciting opportunities. For some alumni, the stress of college is paying off. The rise of information technology and digitization has transformed the job market, leading to colkege unprecedented demand for technical and analytical skills. To show just how valuable college majors that make most money college majors can be, Stacker used data from PayScale to rank the top college majors whose alumni make the most money in their respective professional careers. The rankings are based on the highest average mid-career salary, and with a tie, the major whose alumni earned more money on average earlier in their career is ranked higher. You may also like: Best public high schools in every state. With this degree, graduates can clllege aircraft designers, rocket engineers, or even flight-test planners. Majors in the subject should be well-versed in advanced math, physics, and computer programming. As a subset of East Asia Studies, coloege can find work in a variety of fields, including public service, international relations, or multinational organizations. Depending on the area of concentration, the job outlook for those with a Japanese Studies degree is highly favorable. Graduating with a major in Japanese language sets one up for a career in translation, teaching, or political science, among. Finance and economics majors can become actuaries, accountants, business reporters, and credit, majorw, or policy analysts, all of which entail strong mathematical skills. Colkege, strong analytical and communication skills are required for those who pursue the major. The double major combines qualitative and quantitative aspects of economics and teaches college majors that make most money ins and out of financial analysis and appraisal. Collecting, analyzing, and forecasting data for specific market trends, including finance, labor, and agriculture is what economics majors. Critical thinking, reading comprehension, and decision-making are required skills for students who take on a variety of tasks, including conducting mkney, compiling reports, and supervising projects. You may also like: Most common jobs in America years ago. Energy management majors study mney, finance, engineering, and geology, all of which are required to graduate. Building launch-ready businesses are what entrepreneurship and marketing majors do best. Required skills include product development, merchandise management, and business planning.
Comments
Post a Comment