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    10 college degrees that yield high-paying jobs

    Fantasy Finance

    Highest-paying college majors
    Slide 1 of 11
    Highest-paying college majors

    Students looking for a fiscally prosperous post-college life can find one by pursuing a degree in the maths or sciences. It may not be surprising the engineering and computer science fields land on the list of highest-paid bachelor's degrees. But PayScale.com's "Best Undergrad College Degrees By Salary" report reveals other majors can lead to lucrative careers as well. Following are 10 of the top undergraduate degree fields -- and what you need to do to break into them.


    Slide 1 of 11

    Engineering
    Slide 2 of 11
    Engineering

    Median mid-career pay: $88,600-$155,000
    Median starting salary: $51,700-$97,900

    When it comes to landing an impressive paycheck, engineers dominate. Seven of the top highest-paying college majors are in the engineering fields with petroleum, chemical, electrical, materials science and aerospace engineering claiming the top five slots.

    Engineers across all disciplines can up their pay by getting a Professional Engineering, or PE, license, says Lawrence Jacobson, executive director of the National Society of Professional Engineers in Alexandria, Va.

    "Only 10 percent of practicing engineers are licensed, and that's because most manufacturing companies don't require licenses," Jacobson says. "The average delta between the licensed and unlicensed person is about $10,000 per year. Over a 30-year career, that's a lot of money."

    Jacobson adds that obtaining a license provides job seekers with more career options, the ability to go into business for themselves and the right to provide expert testimony in court cases. The catch is that getting a PE license is difficult. Jacobson recommends that new engineering grads take the exam as soon as possible, which is usually after completing four to five years of work in the field after graduation.


    Slide 2 of 11

    Computer science
    Slide 3 of 11
    Computer science

    Median mid-career pay: $97,900
    Median starting salary: $56,600

    Sky-high grades and work experience play significant roles in landing top computer jobs, but independent projects are valued too, says Gayle Laakmann McDowell, author of "The Google Resume: How to Prepare for a Career and Land a Job at Apple, Microsoft, Google, or any Top Tech Company."

    "If you build a really interesting Google Maps competitor and a ton of people download it and it's really well-known, that's going to count more than an internship at a company that nobody knows," she says.

    Attending a big-name institution can help get your foot in the door, but it's not crucial to landing an impressive post-college job.

    "There are tons of people who come from completely lesser-known schools and get jobs at Microsoft," McDowell says. "A candidate who has a 3.5 (grade point average) from MIT, but has no work and project experience, isn't that interesting."

    To turn recruiters' heads, McDowell recommends doing internships, taking classes that assign tough projects and spending your free time coding as much as you can.


    Slide 3 of 11

    Physics
    Slide 4 of 11
    Physics

    Median mid-career pay: $101,000
    Median starting salary: $49,800

    Master the mathematical foundation of the world around us, and you can land a job practically anywhere. The American Institute of Physics reports that those with a physics degree find work in organizations ranging from high schools and hospitals to the U.S. military, museums, publishing firms, domestic and foreign governments and laboratories. You'll also have to think about continuing your education. Research from Georgetown University shows that 67 percent of physics majors go on to obtain a higher degree.

    Regardless of what career path you choose, Katharine Brooks, author of "You Majored in What? Mapping Your Path from Chaos to Career," says students need to think beyond their bachelor's degrees.

    "Start acquiring experience early on in your academic career. Don't wait until your senior year to look for an internship," she says.

    To get a jump on the job hunt, Brooks recommends students create a LinkedIn account, make contacts and reach out to professional associations in their field as soon as possible.


    Slide 4 of 11

    Applied mathematics and general mathematics
    Slide 5 of 11
    Applied mathematics and general mathematics

    Median mid-career pay: $89,900-$98,600
    Median starting salary: $47,000-$52,600

    Applied mathematics, statistics and mathematics majors are known for bringing home the fiscal bacon, but a double bonus to taking one of these degrees is the booming job market in these related fields. Jeff Strohl, director of research for Georgetown University's Center on Education and the Workforce, reports that jobs abound. A whopping 95 percent of mathematics majors and 92 percent of those majoring in statistics or mathematical decision science fields are employed. If you want to sweeten your paycheck, aim high on the career ladder.

    "As people age, moving into management generally leads into higher earnings, regardless of what the major is," he says.


    Slide 5 of 11

    Economics
    Slide 6 of 11
    Economics

    Median mid-career pay: $94,700
    Median starting salary: $47,300

    "Economics majors tend to pursue business and finance-related fields," says Brooks. "Banking and finance are in the top of the salary strata."

    While econ majors do land lucrative gigs with banks and other financial institutions, the degree is also frequently used to establish careers in law, consulting, education, research, government, nonprofit and public policy work, reports the American Economic Association.

    Brooks adds that how much you make corresponds more to your career field than your major. For example, an economics major who goes into nonprofit work may earn less than a liberal arts major who enters the financial sector. When choosing a major, Brooks encourages students to think about their desired career field and how well skills developed in a given major might parlay into different occupations.


    Slide 6 of 11

    Management information systems
    Slide 7 of 11
    Management information systems

    Median mid-career pay: $88,200
    Median starting salary: $51,000

    "Data matter," says Nathan Lippe, product director of the job-hunting website CareerRookie.com. "If (a company) doesn't have a good team of people looking at their data to understand what things might be able to change that business, they might lose their competitive edge."

    Management information systems majors to the rescue. Trained to analyze organizations' computer databases, oversee projects and improve company productivity and efficiency, MIS grads enjoy a practically booming job market with the field growing 17 percent each year, according to the Bureau of Labor Statistics.

    When seeking top MIS jobs, Lippe advises students to use campus resources. "A lot of times (campus) career centers and even professors are going to have relationships with companies that hire a higher volume of those types of students," he says.


    Slide 7 of 11

    Finance
    Slide 8 of 11
    Finance

    Median mid-career pay: $87,300
    Median starting salary: $46,500

    Not surprisingly, finance is one of the highest-paying college majors. Lippe says college students majoring in finance and who have played a finance role in on-campus organizations will have a leg up over the competition.

    "(Students) need to talk numbers. They need to explain, 'I had X dollars in my budget that I was responsible for, this is what we did with those dollars and this is the impact on that organization,'" Lippe says. "Telling that financial story will make you stand out from someone saying, 'Hey, I was a member of the finance club, and I was in it for four years.'"

    If your school doesn't require a finance internship, hiring managers will, says Lippe. Interning once is great, but those competing for top positions in the field will graduate with two or three internships under their belts.


    Slide 8 of 11

    Government and political science
    Slide 9 of 11
    Government and political science

    Median mid-career pay: $80,100-$87,300
    Median starting salary: $39,900-$41,400

    All levels of U.S. government seek out these majors, but so do domestic and international companies, contracting firms, nonprofits, think tanks, lobbying groups, political campaigns, aid organizations and nongovernmental entities, according to Augustana College in Sioux Falls, S.D. As with economics, degrees in government and political science are very flexible, with grads finding work in public policy, business, finance, marketing, education and legal sectors.

    While the Bureau of Labor Statistics reports that, across all disciplines, hiring on the state and local levels is slower than on the federal level, those who enter in management, business and financial roles will have the greatest likelihood to land jobs.


    Slide 9 of 11

    Construction management, supply chain management
    Slide 10 of 11
    Construction management supply chain management

    Median mid-career pay: $84,700-$85,200
    Median starting salary: $50,200

    Planning, organizing, supervising, analyzing logistics and overseeing the flow of work -- whether it's building a hospital or managing a warehouse -- are the key skills necessary for these college majors. Master these, and you'll be rewarded with a high-paying job with benefits.

    The catch is finding that job could be challenging. While the Bureau of Labor Statistics reports the construction management field is expected to expand by 17 percent this year, supply chain majors who become managers, buyers and purchasing agents will only see a 7 percent employment increase in their sector.

    To break into your industry as quickly as possible, Brooks recommends students make use of their school's alumni network. "That can be a really great way to connect with graduates who majored in the same thing you did," she says.


    Slide 10 of 11

    Biochemistry
    Slide 11 of 11
    Biochemistry

    Median mid-career pay: $84,700
    Median starting salary: $41,700

    "Biochemistry is a great major because you can get a job at just about any location in any place in the U.S.," says Nathan Lippe. "You might be in quality assurance at a manufacturing plant for food, at a farming organization looking at modifying seeds, in the oil and gas industry looking at alternatives for fuel. All of those things would be available for a biochemist."

    Flexible and lucrative, biochemistry majors find work in hospitals, labs, research facilities, agriculture organizations, biotech firms, pharmaceutical companies, energy and fuel organizations, clinics, refineries and manufacturers.

    "The number of jobs versus candidates is very tight (in this field)," Lippe says, adding that for every open biochemistry position, there are 1.3 applicants trying to get it.

    To stand out, biochem majors should have substantial lab and research experience on their resumes as well as an internship or two.


    Slide 11 of 11



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    35 comments

    • abby  •  1 month 10 days ago
      What can you say about applied mathematics?
    • Ursula  •  New York, New York  •  4 months ago
      blah blah, blah. jobs, what nobody can do. can not all degrees count for something.? not everybody is the same.
    • NeelC  •  Philadelphia, Pennsylvania  •  4 months ago
      to all those who say this article is #$%$do you guys really think engineering majors don't have among the highest starting salaries and great job opportunities?
    • Tele234  •  Indianapolis, Indiana  •  4 months ago
      If we could compeat with Japan or China - they come here and take these jobs for lots less then there American counter parts, and since they want less they get the job, time to bring business back into America instead of giving them tax breaks to leave - you can thank RR for that!
    • shanelle  •  New York, New York  •  5 months ago
      um nursing.. starting salary about $68,000
      • Christina 4 months ago
        Ha! Not in Wisconsin. Not even close.
      • Elizabeth 4 months ago
        Right! Maybe in New York. Also, 64 hour a pay period is the new "full time".
      • Ben D 4 months ago
        Definatly not in Canada
    • Ben D  •  Toronto, Canada  •  4 months ago
      Salaries in the US are much different than in Canada... are these US or Canadian salaries?

      In the US, you get more, but you have to pay for EVERYTHING.
      • Oblong 4 months ago
        But there are also less taxes and everything is cheaper
    • DD Sims  •  5 months ago
      The Finance, economics and physics chicks are very doable.
      • h 4 months ago
        bang on- finance one can sure take a load ;)
      • Christopher W 4 months ago
        But what goes up must come down...
    • Rob D  •  Schaumburg, Illinois  •  5 months ago
      Math, Technical, and Problem Solving Skills.
      Didn't see Anthropology, English Literature, or Sociology there. US Financial Aid system needs to stop subsidizing these degrees. I didn't say eliminate them, but we need to produce more graduates with skill sets to compete in the world. If you have the passion and money to study english, great, but not on the tax payer's dime.
      • BOO BOO The FOOL 5 months ago
        problem with math and engineering or any science for that matter is that it is not easy like other fields. in history your best guess might be good enough but in math if you are proving a concept you need an air tight case of logical manipulations.

        there is no deviation to what happens in math in science in history and number of things could have happend in the history of man kind and we dont know what really happened

        if you are not willing to practice be accurate in math and science in getting answers then you really shouldnt be apart of it.
    • greg  •  Springfield, Virginia  •  5 months ago
      Shoe Saleman Like Al Bundy, Eight years on Tv made over 300 Million, No Degree. and Married with Children P.S. Poke High 3 Touchdowns ;) Lets Rock !!!
      • Mike 4 months ago
        POLK high
    • Ayny  •  4 months ago
      put out by a US bank - great stats -- did they phish customers accts for the info?
    • Dan  •  Vancouver, Canada  •  4 months ago
      A Union Labourer can make up to 150.000 a year in northern Alberta.
    • Fabio  •  Hicksville, New York  •  5 months ago
      Okay, first off finance should be taken off the list because that field is not hiring. Economics should be taken off the list because they are mainly employed by government. Engineering don't make me laugh. Construction? who is buying what is being built? Political science? hope you become a lawyer in the near future. Only two on the list I can see right now biochemistry, and information systems and technology.
    • DD Sims  •  5 months ago
      I have a college degree in one of these disciplines and I have to say..........it takes more than just a degree to do well in the real world. Sure a degree gives you a deeper understanding of things but the learning never stops if you want to be a stand out in your field. I also think on the job training is very important too.

      But with that being said, I own my own business and like it much better than being in the rat race world of PC corporate america. The freedom is priceless and you can get paid what you are worth if you run a successful business. It takes a lot of work though, not for the risk averse.
    • Rob  •  5 months ago
      Time for a REALITY check.

      I have a Master's in Engineering from an elite/highly-rated program. I also have nearly 32 years of experience.

      The most I have ever made for one year's salary is $62,000.

      I have been unemployed now for almost four years. In reality, I have been forced in to early retirement, although that (ie. my savings, IRA, etc.) will all run out in about 6 months. I gave up trying to find a job after more than 800 applications and few offers. On top of that, I would have to relocate and I cannot afford to give away my home (translation: "eat" a $100K+ loss on a $245K home - that's how much the value of my home has tanked in just 4 years).
    • Steve  •  5 months ago
      I'm a Phoenix...
    • Ben D  •  Toronto, Canada  •  4 months ago
      This article is pure bunk. Who sponsored it? Universities and colleges? I know the economy is bad, but don't go and listen to these lies.

      You want to make good money, join a union.

      As far as all the degrees listed here...you'll probably start at 15 to 20 k less than they say and average about 20k less after 10 years.

      No wonder gen Y thinks we owe them big salaries. reality check. Those salary average are calculated in the following way :

      90% of the poor schmucks start at next to nothing, regardless of their GPA and talent.
      8% of them are connected through someone they know and make a bit more
      2% got their job regardless of the way they performed in school and make 20 to 40% more than the stated salaries, because their daddy know someone or hires them.

      Here is some good advice. Do something you think you'll enjoy not for the money.
    • Bob E  •  4 months ago
      Now tell OWS whiners to go back to school and major in something useful, although challenging, instead of liberal arts, black studies, media consulting, european history, greek literature, etc. that employ almost no one.
    • REDMAN  •  Miami, Florida  •  4 months ago
      How about a Electrical Linework, requires no college degree and starts around $65,000 - $70,000. After a few years you can make $75,000 - $150,000 per year, and after ten years in the trade your a Doctor in Linework...
    • Premium Nova  •  4 months ago
      Soon, when the American Police State consumes everything, your annual salary won't matter much.
    • Stephen  •  Jacksonville, Florida  •  5 months ago
      Don't make you laugh at engineering? Don't make me laugh at you. Tell me when the world will ever not need engineers. You don't need that finance degree to know inventing new technologies and making existing ones better is pretty profitable.

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