Should graduate students major in communications, business, computer science, education, engineering or some other niche in order to snare the top prize?
Today i have compiled a list of graduate degrees and majors that can lead to the highest potential salaries and most job offers. Your choice of major can have a big impact on your post-graduation earnings.
The April 2013 Salary Survey from the National Association of Colleges and Employers (NACE) looks at the starting salaries for graduates who have a degree in specific areas of study.
Unsurprisingly, majors in Business, engineering, computer-related fields led to the highest earning potential, while majors in the Humanities & Social Sciences, Health Sciences and math led to lower salaries. So which Graduate Degrees and Majors will make you rich?
#8 HUMANITIES AND SOCIAL SCIENCES
2013 Average Salary: $37,058
2012 Average Salary: $36,371
Percent Change: 1.9%
The Tipping Point: Humanities and social sciences majors posted a small increase to their overall average starting salary; their average salary rose 1.9 percent to $37,058. Some of the individual disciplines, however, fared better: English majors, for example, posted a 3.4 percent increase for an average salary of $39,800, while sociology majors gained a whopping 12.1 percent for an average of $37,100.
2013 Average Salary: $40,480
2012 Average Salary: $38,524
Percent Change: 5.1%
The Tipping Point: The average salary to education majors topped $40,000, as it increased 5.1 percent to $40,480. Those earning bachelor’s degrees in special education fared best in this group, with an average starting salary of $46,100.
#6 MATHEMATICS AND SCIENCES
2013 Average Salary: $42,724
2012 Average Salary: $41,430
Percent Change: 3.1%
The Tipping Point: Starting salaries for math and sciences graduates rose a modest 3.1%, with the overall average salary currently standing at $42,724. Math majors saw just a 1.8 percent increase to their overall average, making it $49,700, but chemistry majors fared better with a larger increase of 3.6 percent, bringing their overall average salary to $46,300.
2013 Average Salary: $43,145
2012 Average Salary: $41,550
Percent Change: 3.8%
The Tipping Point: Salaries for those in the communications disciplines rose 3.8 percent, bringing their overall average salary to $43,145.
#4 Health Sciences
2013 Average Salary: $49,713
2012 Average Salary: $45,442
Percent Change: 9.4%
The Tipping Point: While engineering students are the highest-paid, students majoring in the health sciences saw the largest overall increase to their average starting salaries, which bumped up 9.4 percent to $49,713.
2013 Average Salary: $54,234
2012 Average Salary: $50,633
Percent Change: 7.1%
The Tipping Point: The business fields saw their overall average salary rise 7.1 percent from $50,633 to $54,234. That large increase was driven primarily by double-digit increases for three majors: finance, hospitality services management, and international business.
#2 COMPUTER SCIENCES
2013 Average Salary: $59,977
2012 Average Salary: $57,529
Percent Change: 4.3%
The Tipping Point: Graduates earning degrees in computer-related fields saw their average salaries increase 4.3 percent. The overall average salary now stands at $59,977.
2013 Average Salary: $62,535
2012 Average Salary: $60,151
Percent Change: 4.0%
The Tipping Point: The overall average salary for engineering graduates rose 4 percent to $62,535, making them the highestpaid group of majors.
He is responsible for overseeing newsroom assignments and publishing, and providing support to the editor in chief.
Latest posts by Editor, Todd Aitken (see all)
- Powerful Women List: Top 40 Women Who Have Shaped The World - November 24, 2014
- List of Nominees And Winners At The 2014 American Music Awards (AMAs) - November 24, 2014
- From Katy Perry To Ariana Grande, MTV EMA 2014 Winners List - November 10, 2014