What majors tend to make the most money?
Asked by: Dr. Alyson Dibbert | Last update: October 22, 2023Score: 4.7/5 (9 votes)
The top-earning majors are in so-called STEM fields, or degrees in science, technology, engineering and mathematics. Half of the top 10 majors with graduates making the most money are subsets of engineering.
What are the best majors that make the most money?
- Accounting. ...
- Biomedical engineering. ...
- Mathematics or Statistics. ...
- Finance. ...
- Nursing. ...
- Information technology. Median base salary: $64,008 per year. ...
- Engineering. Median base salary: $64,381 – $68,438 per year. ...
- Computer science. Median base salary: $70,000 per year.
Which major pays the most?
Pharmacy, biochemistry, chemistry, and physics majors made the most by mid-career with median wages ranging from $80,000-$100,000. Several science majors had high percentages of students who went on to earn graduate degrees. Biochemistry topped the list with about 70% of folks in the discipline earning higher degrees.
What is the most popular degree pays off?
The Most Popular Degree Pays Off: Ranking the Economic Value of 5,500 Business Programs at More Than 1,700 Colleges finds that the economic value of business programs is high compared to the financial returns from other programs, though not as high as returns associated with health, engineering, and computer and ...
What is the easiest best paying degree?
- Business Administration.
- Communications.
- Finance.
- Healthcare Administration.
- Human Resources.
- Information Technology.
- Management.
- Management Information Systems.
College Majors That Create The Most Millionaires
What is the lowest paying degrees?
It's no surprise that the top-earning college majors are in so-called STEM fields, or degrees in science, technology, engineering and math. The lowest-paying college majors are in areas such as theology, social services, the performing arts, education, and leisure and hospitality, the data shows.
What 4 year major makes the most money?
The top-earning majors are in so-called STEM fields, or degrees in science, technology, engineering and mathematics. Half of the top 10 majors with graduates making the most money are subsets of engineering.
What majors make 500k a year?
- Actor. National average salary : $27,370 per year. ...
- Author. National average salary: $43,471 per year. ...
- Insurance agent. National average salary: $54,534 per year. ...
- Accountant. ...
- Professional athlete. ...
- Hedge fund manager. ...
- Investment banker. ...
- Real estate developer.
What degrees make you wealthy?
- Engineering.
- Economics/Finance.
- Politics.
- Mathematics.
- Computer Science.
- Law.
- MBA.
What degree is least employable?
- Fine arts (12.1%)
- Philosophy (9.1%)
- Sociology (9%)
- Family and consumer sciences (8.9%)
- Mass media (8.4%)
- Commercial art and graphic design (7.9%)
- Foreign language (7.8%)
- Performing arts (7.6%)
What is the hardest degree to earn?
- Foreign Languages.
- Psychology.
- Statistics.
- Chemistry.
- Physics.
- Engineering.
- Mathematics.
- Chartered Accountancy.
What is the hardest career to major in?
- Chemistry.
- Environmental Economics and Policy.
- Environmental Earth Science.
- American Studies.
- Nuclear Engineering.
- Energy Engineering.
- Astrophysics.
- Applied Mathematics.
What majors have the most free time?
- Physics. Hours of relaxation per week: 12.72.
- Materials Engineering. Hours of relaxation per week: 12.76.
- Zoology. Hours of relaxation per week: 12.76.
- Marketing. ...
- Economics. ...
- Public Relations and Advertising. ...
- Computer Engineering and Tech. ...
- Astronomy.
How to make the most money?
- Start a Side Business. ...
- Ask For A Raise. ...
- Invest In Real Estate. ...
- Invest In the Stock Market. ...
- Live On a Budget. ...
- Consult A Financial Advisor. ...
- Create Online Courses. ...
- Use Affiliate Marketing on Your Own Website.
What are the best non stem majors?
- Sociology. The heart of a sociology major's studies is about human behavior in its many forms, such as individually, culturally, and in organized groups. ...
- Journalism. ...
- Psychology. ...
- Education. ...
- Hospitality management. ...
- Business administration. ...
- Nursing. ...
- Finance.
What jobs pay $1 million a year?
- Investment banker.
- Certified public accountant.
- Entrepreneur.
- Day trader.
- Real estate agent.
- Engineer.
- Lawyer.
- Actuary.
What professions make 100K a month?
- Service Technician. ...
- Physician: EM Opportunity in Minnesota; Make Over $400K Plus $100K Sign-on Bonus | JOB-2841384. ...
- Independent Sales Representative - Walk-In Bath Tubs and Showers. ...
- Regional Team Drivers. ...
- Inside Sales Representative. ...
- CDL-A Driver - Home Daily or Weekly - Up to $100k / Year.
What majors pay 200k?
- Associate dentist. National average salary : $205,974 per year. ...
- General physician. National average salary: $208,000 per year. ...
- General surgeon. National average salary: $208,000 per year. ...
- Gastroenterologist. ...
- Chief medical officer. ...
- Otolaryngologist. ...
- Periodontist. ...
- Dermatologist.
What 6 year degree pays the most?
- Petroleum Engineering. Early career salary: $96,742. ...
- Operations Research. Early career salary: $74,114. ...
- Marine Engineering. Early career salary: $70,837. ...
- Computer Engineering. Early career salary: $80,587. ...
- Systems Engineering. ...
- Chemical Engineering. ...
- Electrical Engineering. ...
- Computer Science.
Is a four year degree still worth it?
Today's labor market increasingly rewards highly educated workers: In 1990, a worker with a bachelor's degree earned 39 percent more than one whose highest level of education was a high school diploma. By 2021, the difference had grown to 62 percent (and closer to 90% for workers with graduate degrees).
Why is a four year degree worth it?
In general, bachelor's degree holders tend to experience lower unemployment rates (5.5 percent) than those with a high school diploma (9 percent) or associate degree (7.1 percent). In the recovery from the pandemic, college grads faced less unemployment than high school graduates, according to BLS.
What are the most regretted and lowest paying college majors?
Regret is heavily influenced by salary.
The top three regretted majors, according to ZipRecruiter, are journalism (87%), sociology (72%), and liberal arts and general studies (72%). The top three regret-free majors, all above 70%, are computer and information sciences, criminology, and engineering.
How do I choose a college major?
- Find Your Interests and Passions.
- Evaluate Career Prospects.
- Research Earning Potential.
- Decide How Much Time You Want to Dedicate to School.
- Seek a Second Opinion.
- Take Online Quizzes.
- Start Early.
- Select Schools and Programs Wisely.
Do degrees pay more?
Typical earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma. College graduates on average make $1.2 million more over their lifetime.