Friday, September 4, 2009

Highest paid Degrees


I was searching online to find out what were some of the highest paid degrees and surprisingly they were all engineering degrees! And when I mean high paid, I'm talking about fresh young college graduates earning over $50,000 a year starting! But then it had me wondering what about the worst degrees and degrees outside of engineering? I know people have to be making money with these degrees. It would seem like a waste if there weren't. So I went on a search to find the information I desperately needed to know an answer for! And this is what came up (look very closely at the list as many of these degrees are listed more than once):

Highest Paid Bachelor’s Degrees: 2009 (All engineering degrees!)
15. Civil Engineering - Average starting salary: $52,048
14. Information Sciences & Systems - Average starting salary: $52,089
13. Construction Science/Management - Average starting salary: $53,199
12. Aerospace/Aeronautical/ Astronautical Engineering - Average starting salary: $56,311
11. Engineering Technology - Average starting salary: $56,447
10. Systems Engineering - Average starting salary: $57,438
9. Industrial/Manufacturing Engineering - Average starting salary: $58,358
8. Mechanical Engineering - Average starting salary: $58,766
7. Electrical/Electronics & Communications Engineering - Average starting salary: $60,125
6. Computer Science - Average starting salary: $61,407
5. Computer Engineering - Average starting salary: $61,738
4. Mining & Mineral Engineering (incl. Geological) - Average starting salary: $64,404
3. Chemical Engineering - Average starting salary: $64,902
2. Petroleum Engineering - Average starting salary: $83,121
1. Pharmacy - Average starting salary: $111,782
link

College Degrees in Most Demand: 2009
10. Marketing/Marketing Management - Average starting salary: $43,334
9. Management Information Systems - Average starting salary: $52,817
8. Computer Engineering - Average starting salary: $59,803
7. Information Sciences & Systems - Average starting salary: $49,167
6. Economics/Finance - Average starting salary: $49,794
5. Business Administration/Management - Average starting salary: $45,887
4. Computer Science - Average starting salary: $56,128
3. Electrical Engineering - Average starting salary: $57,404
2. Mechanical Engineering - Average starting salary: $58,648
1. Accounting - Average starting salary: $48,334
link

The 5 Most Marketable Degrees of 2009
5. Nursing
4. Computer/Information Science
3. Engineering
2.Economics
1. Education
link

The 5 Least Marketable Degrees of 2009
5. Print journalism
4. Advertising
3. Architecture
2. Real Estate
1. Film Studies
link

Now don't believe that these are the only degrees that make money. These are just some of the highest paid ones students have gotten right out of college. And who is to say that with your degree you will actually go in to that specified profession? Also think about the other opportunities after graduating, such as post graduate studies, such as getting you master's or becoming a doctor or lawyer(two careers that also make a lot of money). Then think that just because you might start high doesn't mean you'll always have a high paying career, just because you have a degree in Business you might start off with smaller pay than someone with an engineering degree, but can advance through your company and soon receive a salary much higher than many engineers will ever get. So my personal advice would be to think long term about what you want to do, and don't waste your time with degrees that will get you no where like calligraphy or David Beckham Studies!

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