There are many degree options available. Which one is best? It’s a good idea to look at the potential salaries before investing your time and money in a bachelor’s degree.
A major can significantly impact your future earnings more than a school choice. Learn which majors are more rewarding than others and which can make it difficult to repay student loans.
These are the top 10 highest-paying degrees.
ADVERTISEMENT
#10.Finance
The average annual salary is $81,760
Expected growth: 12 %
Finance degrees include accounting, economics and statistics. A finance degree can lead to common positions such as financial analyst or personal advisor. These jobs typically require a bachelor’s degree and pay over $81,760 annually. The lowest 10% can earn around $50,350.
The Financial Industry Regulatory Authority usually imposes some licensing requirements. Most companies will pay for licensing once they hire you, so these marks won’t be required before you get a job. Over the next ten years, financial analysts are expected to see a 12% increase in employment.
#9.Information Technologies
The average annual salary is $82,860
Expected growth: 12 %
A degree in Information Technologies is an excellent option if you are interested in learning more about computers and where to find the shift key.
You. This degree can lead to many career options, such as web application development, IT management and software developer.
A bachelor’s degree is usually enough to get a job in web development. In some cases, you may need an associate’s degree. This profession averages $82,860 in pay. This profession is highly competitive and requires a lot of experience and advancement. The BLS predicts that information technology occupations will grow by 12%.
#8.Engineering
The average annual salary is $83,540
Expected growth: 4.4%
There are many sub-branches to engineering. Although the demand for engineers is not as high as that for mathematics, they are still needed in many industries and earn a good salary. For example, civil engineers earn $83,540 annually, while the lowest 10% earn around $53,470.
Engineering has one drawback: the predicted decline in demand. It may be harder to find a job as engineers are expected to decline by 4% while civil engineering will increase by 8%.
#7.Business Management
Average annual salary: $97.230
Expected growth: 6 %
A business degree can cover many topics. However, many companies are seeking these professionals. This degree prepares students for business management, one of the most popular business degrees. It enables them to analyze a company’s strengths and provide reasonable solutions.
Business degrees are so broad that they can be applied in real-world situations. According to the BLS, people in management positions typically earn around $100,790. However, the expected growth of the overall job market is only 6%. Your industry will determine your pay and job opportunities.
#6.Mathematics
Average annual salary: $100 610
Expected growth: 28%
You can pursue a degree in mathematics in many fields, such as teacher or manager of operations research analysis. There is a demand for math experts in almost every industry. An actuary, for example, is a person who evaluates financial risk. On average, they earn $100,610.
Mathematics majors can choose from many branches and specializations. These include applied mathematics and actuarial sciences. According to the BLS, science and mathematical occupations will grow by 28%. Math majors can look forward to a bright career after graduation.
#5.Economics
Average annual salary: $101,050
Expected growth: 6 %
A degree in economics is an excellent choice for anyone interested in how things are made and sold and how different industries interact. This major can lead to many careers, such as economist, financial associate, or investment manager.
Economists are among the highest-paid professionals on the market. The lowest 10% of economists earn around $55,150, while the average economist earns over $101,050 yearly. The expected growth rate for economists is only 6%, which is one point lower than the average for all career fields. There are substantial economic opportunities for those who want to pursue a master’s program.
#4.Physics
The average annual salary is $114,870
Expected growth: 8.8%
Physics degrees can be used in many industries, such as research science, space and astronomy, engineering, and healthcare. While not all physics majors will be able to become physicists, the average salary is $114,870. The bottom 10% earn around $57,640.
Demand for physicists is steady at 8%. However, competition for jobs in colleges and universities will be fierce. While many physicists work for the government (mostly NASA and research universities), they can also be found in the private sector.
#3.Computer Science
The average annual salary is $111,840
Expected growth: 12 %
Computer science degrees include practical, theoretical, and scientific applications. This degree is considered broad and often referred to as a “foundational science.” It essentially means that it can branch out into many sub-categories. A bachelor’s degree is required to work in computer science. This will give you a stable job market, unique opportunities and great pay.
For example, computer and information research scientists have an average salary of $111,840. However, the lowest 10% earn over $64,950. Computer occupations are expected to grow by 12% in the next ten years. There is a lot of career progression since computer science majors have the opportunity to move into IT management and leadership positions.
#2.Marketing
The average annual salary is $131,180
Expected growth: 9.9%
Marketing degrees can lead to many careers. However, you will be specially prepared for sales and promotion. A great product or service is essential, but marketing can significantly impact the company’s success and increase its income. Marketing majors may also be involved in sales and pricing.
They will typically start at entry-level jobs, but many marketing majors will progress to advertising or promotions manager positions. The average salary for this career is $131,180. However, the expected growth rate is only 9%.
#1.Management Information Systems
The average annual salary is $135,800. Expected growth: 15%
Management information systems degrees prepare students to integrate business theory with computer technology to solve real-world problems. This degree can lead to many careers, including computer systems analyst, database administrator, information systems manager and information systems manager.
According to the BLS, computer and information system managers are highly paid and in high demand. This field is expected to expand by 15%, surpassing the traditional job market. The lowest 10% will earn $78,470. The average salary in this field is more than $127,000, and the highest earners can expect to make over $180,000.
