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TEMPO.CO, Jakarta – In today’s dynamic economic trends, many people decided to pursue post-secondary education to enter the job market. The prospects of highest-paying degrees entice a number of qualified students, something that offers them a secure financial future.
That’s why it’s important to stay informed about the latest career potential of your desired college subjects, as your decision today can have a significant impact on the long run. In this article, we’ll take a look at some of the most lucrative college degrees and their projected growth in the ever-changing labor market.
10 Highest-Paying Degrees
Compiling data from reliable sources such as Indeed, Research, and What Uni, let’s discover the current highest-paying degrees below.
1. Computer Science
Average Salary: US$136,620
With the rise of digital technology, Computer and Information Science has emerged as the most sought-after major among employers. This subject, whose graduates possess the skills needed for careers as web developers, software developers, and information security analysts, has an annual 8.7% growth, as per Coursera.
Additionally, the tech industry is a profitable field for those wanting jobs that pay a six-figure salary base, with even more employers recognizing work experiences, practical skills, and career certificates these past few years.
2. Engineering
Average Salary: US$96,000 – US$132,000
Engineering is a diverse landscape offering more than one branch, from computer engineering and industrial engineering to biomedical engineering. Each discipline prepares well-versed students with practical skills and academic competence.
Aspiring professionals who pursued computer engineering are bound to have in-depth knowledge of both hardware and software computing systems. While biomedical engineering students delve into the spreadhead advancements in healthcare.
3. Economics
Average Salary: US$113,940
Economics has been a favorable major for the last decades due to its adaptable nature within the range of labor markets. As one of the highest-paying degrees, economics can lead to numerous career paths, with even more various roles available recently. For instance, economics graduates can apply for strategic planning, market research, financial risk, and data analyst positions.
4. Mathematics
Average Salary: US$99,960
Students enrolled in mathematics majors are renowned for their logical thinking and problem-solving abilities, which further enhance their opportunities in roles like market research analysts and data scientists.
Many big corporations are inclined to hire mathematic graduates for their impeccable understanding of mathematical theories and applications. This subject can also join other ranging divisions such as finance and marketing.
5. Finance
Average Salary: US$96,220
Financial sector is an attractive field for those wanting to have wide job opportunities right after graduation. Roles like investment banking analyst, budget analyst, actuary, and credit analyst are booming among fresh graduates for its high acceptance rates.
As a finance major student, you will be equipped with an extensive curriculum set including economics, statistics, and portfolio management. These skill sets are applicable within various industries
6. Medicine
Average Salary: US$93,000
It’s universally known that a medical degree promises a lucrative career path, guaranteeing high salaries at certain proficiencies. However, you may have to take a longer route in becoming a successful specialist, with five to ten following years dedicated to training. Enrolling in medicine isn’t an easy feat either, as many institutions seek A-level students whose academic expertise is faultless.
7. Business Administration
Average Salary: US$76,000
Dubbed as one of the highest-paying degrees in today’s academic trends, business administration provides a broad range of job opportunities in the market. With common specializations in accounting, finance, and international business, business major alumni have been a dominant drive in the workforce environments. In this field, students are expected to have a comprehensive understanding on how to organize, plan, direct, budget, and oversee various kinds of organization.
8. Social Science
Average Salary: US$74,330
Social science majors gain a deep knowledge of the political systems, economic market and criminology. In many colleges, common specializations of social science include economics, geography, history, legal studies, sociology, anthropology. As globalization rolls on its full power now, these fields of study are becoming more crucial.
9. Law
Average Salary: US$60,800 – US$93,430
An academic background in law can lead you to pursue careers within different branches of the legal field. Aside from being a solicitor or barrister, you can also opt to become a legislative assistant, paralegal, and policy analyst. With a salary base starting from US$60,800 for entry-level positions, this major arguably has bright prospects.
10. Education
Average Salary: US$57,490
As there is a robust increase in demand for education from younger generations, many people continue to enroll in the education major. Students engaging in this field of study are equipped with hands-on in-class experiences, including teaching practices. Currently, teaching careers in university settings receive an ample amount of interest due to their inclusive opportunities for everyone with advanced certification.
By selecting a highest-paying degree that also matches your passion and skill set, you can ensure long-term success and satisfaction in your career. Those interested in delving deeper into computing systems should check out the best computer science universities here.
INDEED | RESEARCH.COM | WHAT UNI
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