Whether you’re a student considering a change, have yet to declare a major, or are just beginning your college search, knowing which degrees are the most viable in terms of potential income can help you make a wise decision. Check out this list of the college majors that offer the highest salaries after graduation.
Economics and Mathematics
With just a bachelor’s degree, young economists and mathematicians can earn about $60,000 per year. That amount can double after roughly a decade in the career force. This undergraduate degree is also an excellent springboard for doctoral studies in areas such as economics, business, and other niche subjects.
If you’re interested in marine vessels and structures, you can put your passion to work and enjoy a fantastic salary in your first years as a professional. Marine engineers can make more than $70,000 in their first five years on the job. That amount can increase to approximately $125,000 per year by the midpoint of your career.
Chemical engineering, which mixes the disciplines of the physical sciences, life sciences, mathematics, and economics, also offers an enticing starting salary and enticing midcareer pay projections. Chemical engineers can also earn more than $70,000 when they start their career. After a decade of experience, they can expect to make more than $125,000 annually.
Nuclear engineers can make up to $70,000 per year in their early career and $128,000 by the midpoint of their career. Nuclear engineers also report high career satisfaction and feel their work has a positive impact on the world. These professionals apply the principles of nuclear physics to study and to manipulate nuclear energy and radiation.
Actuarial scientists can make roughly $60,000 within their first five years after graduation. That amount can more than double by the 10-year mark. Actuarial scientists explore how risk affects insurance, finance, and other fields.
Actuarial mathematics is a more specialized field that also looks at risk through the lens of mathematics and statistics. Actuarial mathematics, however, focuses on insurance concepts. With a bachelor’s degree, you can expect to make about $57,000 in your early career. With about a decade of experience under your belt, you can pull in an annual salary of approximately $130,000.
Petroleum engineers enjoy a high starting salary and excellent midcareer pay. You can enter the career force immediately after receiving your bachelor’s and make roughly $95,000 in your first five years. Even if you complete a master’s or a Ph.D. in another field, you’ll find a hard time topping the first-year pay that a petroleum engineer receives.
These top-paying jobs all offer high starting salaries, solid potential for career growth, and excellent job security. You can start even at an entry-level position and enjoy these great benefits. Most high-paying jobs that just require a bachelor’s degree are in the engineering field, with actuarial mathematics and science also topping the list. Though the top-paying jobs in America are in the medical field, you can enter one of the above fields with just your undergraduate degree.