Find Out Which Degrees Are Most Lucrative
In these uncertain economic times, it’s more important than ever to have a college degree. A university degree has become almost a prerequisite for obtaining a job. It is important to study a subject you’re passionate and interested in but it’s also equally important to obtain a degree that is marketable in today’s tough job market. Here are a few Bachelor degrees which command the highest starting salaries straight out of university.
The first top eight positions in terms of highest starting salaries are all filled with engineering degrees. This includes the areas of petroleum, aerospace, chemical, electrical nuclear and biomedical engineering. Petroleum engineers top the list with an average starting salary of a cool $93,000. Yes, that’s starting salary and it only increases from here. Salaries are extremely high in the petroleum sector due to the profitability of the oil business. Graduates in this field generally work to locate and recover gas and oil reservoirs.
Nuclear engineers can expect to start off around the $63k range. If you are mathematically inclined, Engineering might be a great option to explore. It’s a very tough subject requiring lots of advanced mathematics and science courses. Computer science and information sciences and system degree holders are the two non-engineering degrees in the top ten list with starting earnings at $61k and $54k respectively. This is a solid option to explore if you enjoy technology. Keep in mind that computer science courses are also involve a lot of math.
In terms of business degrees, economics majors can expect to start at $48k and finance students $47k. From observing these numbers, it’s clear that the money lies in crunching numbers and science. Math is the key to high paying jobs. Engineering, Computer Science and Economic degrees all require excellent and advanced math skills while liberal arts majors such as Sociology and Teaching are towards the low end of the list salary wise.
The degrees with the lowest starting pay include sociology, teaching, English and history. The starting pay for social workers and elementary teachers start at around the $33k range towards the lower end of the earnings scale for graduates. Salaries are largely determined by supply and demand and graduates with degrees in Engineering are scarce and very much in demand while liberal arts degree holders are more commonplace.
The list above merely covers starting salaries right out of college which means that it doesn’t cover the highest salaries overall. There are plenty of persons in other professions such as doctors or lawyers who also have very high earnings. Don’t despair if your strong subject isn’t math or science. If you enjoy your work and are great at what you do, it’s possible to earn a high salary no matter what field you are in.
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