Saturday, June 19, 2021

Executive Education

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:

RankCollege majorAverage incomeUnemployment rate
1Actuarial Science$1086582.3%
3Nuclear Engineering$1085911.8%
4Health and Medical Preparatory Programs$1303082.3%
5Applied Mathematics$1056792%
6Pharmacy, Pharmaceutical Sciences, and Administration$1033501.8%
7Molecular Biology$1058492.1%
8Mechanical Engineering$1015902.4%
9Civil Engineering$964052.2%
11Chemical Engineering$1110182.9%
12Electrical Engineering$1061872.9%
13Biochemical Sciences$1093012.6%
14Computer Engineering$995872.5%
15Public Policy$977211.9%
18Petroleum Engineering$1537437.9%
19Miscellaneous Engineering$897042%
20Architectural Engineering$866221.9%
21Mechanical Engineering Related Technologies$823861.2%
22Mathematics and Computer Science$939612.4%
25Transportation Sciences and Technologies$903943%

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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