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 a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, 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.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.