The Top 25 Most Valuable College Majors, Rankings For 2018
With a decent salary and a high guarantee of employment, the number one most valuable major on the market right now is something called actuarial science (actuaries), according to a study by Bankrate based on data from the US Census Bureau’s American Community Survey. What is that?
Actuarial science (actuaries) is a fascinating field that assesses risk for the insurance and finance industries by applying math and statistical models. If you are really great with numbers, this might be a worthwhile degree to pursue.
With an unemployment rate of 1.4% and an average annual income of $111,889, believe it or not, zoology is second most valuable major, followed by nuclear engineering; health and medical preparatory programs; and applied mathematics. With that in mind, let’s take a look at one of the most important questions facing young people: Which college major to choose?
The Top 25 Most Valuable College Majors, Rankings For 2018:
Rank | College major | Average income | Unemployment rate |
---|---|---|---|
1 | Actuarial Science | $108658 | 2.3% |
2 | Zoology | $111889 | 1.4% |
3 | Nuclear Engineering | $108591 | 1.8% |
4 | Health and Medical Preparatory Programs | $130308 | 2.3% |
5 | Applied Mathematics | $105679 | 2% |
6 | Pharmacy, Pharmaceutical Sciences, and Administration | $103350 | 1.8% |
7 | Molecular Biology | $105849 | 2.1% |
8 | Mechanical Engineering | $101590 | 2.4% |
9 | Civil Engineering | $96405 | 2.2% |
10 | Finance | $100448 | 2.7% |
11 | Chemical Engineering | $111018 | 2.9% |
12 | Electrical Engineering | $106187 | 2.9% |
13 | Biochemical Sciences | $109301 | 2.6% |
14 | Computer Engineering | $99587 | 2.5% |
15 | Public Policy | $97721 | 1.9% |
16 | Genetics | $95954 | 1.3% |
17 | Economics | $108824 | 3.4% |
18 | Petroleum Engineering | $153743 | 7.9% |
19 | Miscellaneous Engineering | $89704 | 2% |
20 | Architectural Engineering | $86622 | 1.9% |
21 | Mechanical Engineering Related Technologies | $82386 | 1.2% |
22 | Mathematics and Computer Science | $93961 | 2.4% |
23 | Physics | $100383 | 2.5% |
24 | Chemistry | $102338 | 2.9% |
25 | Transportation Sciences and Technologies | $90394 | 3% |
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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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