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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