Best Bachelor Degrees For The Future – We’re celebrating back to school by releasing some statistics about 2019 college majors. We’ll start by reviewing the top 20 before presenting the full 100. For all majors, we include salary data for average salary followed by average years of experience.
. As usual, we see several strong STEM fields represented in the top 20, with business-related degrees covering the rest. Most students graduate in fields that expect six-figure salaries, with the exception of social science and arts degrees in the top twenty: psychology (13) and English (18).
- 1 Best Bachelor Degrees For The Future
- 2 The Best Degrees For The Future: 20 Future Proof Degrees For Students
- 3 Best College Majors To Pursue In 2024: Salary & Job Growth Data
- 4 How Ai Threatens To Make Traditional College Degree Obsolete
- 5 Majors With The Most Job Opportunities In 2023
Best Bachelor Degrees For The Future
We choose not to transfer similar majors into similar categories. Some might argue that there is a lot of overlap between them, say,
Best Jobs For Graduates With A Communication Degree
. However, as we try to cut back, colleges find themselves citing reasons to keep these various tastes different. For example, MIT is very concerned about being called a “school of management” as opposed to a “business school.”
Therefore, in most cases we neglect to name the major fields of study of the colleges. True, the phrase “the wisdom of colleges” may have irritated Peter Thiel. We clean up some obvious things like typos, but let similar-sounding majors stay in their own separate category. After all, college majors mean much less than what you actually do on the job, so we do more work distinguishing between actual behavior on the job than slicing and dicing majors. If you are interested, here are more details on the clustering we use to cluster occupational skills.
This may seem like a lot of volatility due to changes in rankings, but in reality these top majors are relatively stable from year to year. When deciding on a degree program, there are many things to consider. Are you interested in the field? What is the career outlook for the next ten to twenty years? With this, students can earn enough money for their life
Pay off their student loan debt. Using data collected from NACE’s Winter 2023 Salary Survey, we’ve compiled the 15 degrees most in demand by employers, along with their starting salary ranges for 2023.
Amazing Benefits Of A Bachelor’s Degree
Let’s start with postgraduate degrees. In 2023, finance degrees are in high demand, with starting salaries reaching $68,000 per year. Depending on factors such as a person’s position, this is a very respectable salary, especially early in their career. Of the 5 bachelor’s degrees most in demand in 2023, degrees in information science, systems, accounting, and computer science are the most likely to earn graduates the most. See the chart below for a complete list of degrees and their starting salary ranges.
As we move through the data, you’ll notice that computer science consistently tops the list of most in-demand degrees and pays the highest in terms of starting salary. As more companies begin to take advantage of artificial intelligence in the coming years, the demand for computer science degrees will surely rise.
Next, we move on to the most in-demand bachelor’s degrees in 2023. Looking at the chart below, the first thing you’ll notice is the slight overlap with bachelor’s degrees. Also, the starting salary ranges vary greatly compared to our previous chart. For example, those with a degree in accounting do not earn much more than a bachelor’s degree. In contrast, new hires in business administration with a bachelor’s degree had significantly higher earnings potential.
Not for the faint of heart, doctoral degrees require a ton of rigorous research and writing, and in most cases, you’ll be asked to put together a thesis. Considered the cornerstone of a doctoral degree program, a dissertation can be anywhere from 100 to 500 pages long—yikes. So it goes without saying that doctoral degrees are rare. In fact, the current US Only 1.2% of the population has a PhD. However, doctoral graduates enjoy a higher earning potential during their career than professionals with a bachelor’s or master’s degree. It’s up to the individual to decide whether student loans are worth it to jump into the world of PhD-level work.
The Best Degrees For The Future: 20 Future Proof Degrees For Students
Interestingly, computer science is the most in-demand degree in 2023 among bachelor’s, master’s, and doctoral degrees. This demonstrates the growing demand for roles in the tech industry, particularly in artificial intelligence. Here, the starting salary range for PhD graduates is much higher than those with a master’s degree, and new hires with a doctorate in computer science can earn $142,000 per year.
It is worth noting that the top 5 most in-demand doctoral degrees in 2023 are in Science, Technology, Engineering, and Mathematics (STEM) disciplines. This will be a continuing trend as interest in STEM studies continues to grow along with the demand for a STEM workforce.
Always consider how your career will develop in the future. Will your role become more necessary in the coming decades? You’ll also need to consider whether you think your potential savings will outweigh student debt during a particular degree program. Perhaps most importantly, your degree program and subsequent career should match your skills, interests, and values. By Jeff Ostrowski Jeff Ostrowski Arrow Right Principal Writer, Home Lending Jeff Ostrowski covers mortgages and the housing market. Before joining in 2000, he wrote on real estate, business, economics and politics for more than 20 years. Twitter Connect with Jeff Ostrowski on Twitter
Edited by Chelsea Wing Chelsea Wing Arrow Right Form Editor, Student Loans She is invested in helping students navigate the high costs of college and break through the complexities of student loans. Connect with Chelsea Wing on LinkedIn LinkedIn Chelsea Wing
Best College Majors To Pursue In 2024: Salary & Job Growth Data
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How Ai Threatens To Make Traditional College Degree Obsolete
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Majors With The Most Job Opportunities In 2023
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