College Majors That Pay Off

If you are looking for a financially rewarding postgraduate career, then it generally pays to go into STEM fields. Engineering, science, math, technology, information systems, economics, business, and some management fields are commonly seen on lists of higher paying careers. But to get there, you often need a college degree. That’s why we’ve researched the highest paid college majors and what they require academically.

1. Petroleum Engineering: $94,600

Since petroleum fuels a great deal of modern machinery, it’s not surprising that people who can find it and get it safely out of the ground are in high demand. Students that want to get into this field need teamwork skills, the ability to analyze problems effectively, and a strong math background. College courses in this major will cover topics in engineering, mathematics, geology, and thermodynamics.

2. Actuarial Mathematics: $56,400

People with this type of degree use their mathematical skills to solve complex problems for a wide variety of organizations. College students looking at this field will need to have very strong math skills and analytical abilities as well as some business acumen.

3. Actuarial Science: $61,000

Actuaries use their problem-solving skills to benefit a wide variety of companies, usually those involving money. This field has also received excellent ratings in important factors such as job security and future opportunities over the past few decades. Students who are interested in getting this major should be aware that it involves a lot of math, science, and economics classes.

4. Nuclear Engineering: $69,000

Students who are looking for a challenging field might be interested in this one. After all, nuclear technology has undergone rapid changes of late. College classes in this major will focus on math, physics, nuclear fusion, energy conversion, radiation, and how to operate a nuclear reactor.

Students will need to have good math, science, critical thinking, and problem-solving skills to succeed in this field. They should also be able to pay attention to details because this is one career where a tiny mistake can cost more than just a few lives.

5. Chemical Engineering: $70,300

Chemical engineers tend to form the middle ground between inventors and manufacturers. College classes in this field focus on scientific topics such as physics, biology, and chemistry. Other subjects that might be addressed over the course of their education include industrial manufacturing, production supervision, and engineering graphics.

Of course, this major does require a great deal of math and science. It’s important that students in this major are creative, logical, team players, and have good problem-solving skills.

6. Marine Engineering: $73,900

If are interested in building a fleet of watertight ships, this is might be the right degree for you. It’s no surprise that students in this field will need strong math and science backgrounds in order to succeed. College students will normally take numerous engineering and design classes in order to complete their degrees.

Being able to solve problems, communicate effectively, and work as part of a team are also essential factors when it comes to having a successful career as a Marine Engineer.

7. Economics & Mathematics: $60,000

This double major covers exactly what it says on the tin. Students will take a gamut of math-related courses, where the focus is obviously on numbers and solving equations. They will also take a bunch of courses related to economics, which is basically the study of how money is spent in both the private and public sectors. Economics class topics may also include those on banking, statistics, and international trade or business.

Economics majors will need to be team players and effective communicators in order to succeed. Math majors should have a wider range of abilities including critical thinking skills, creativity, patience, persistence, motivation, and the ability to work both independently and in groups.

8. Geophysics: $54,100

Geophysics is the study of how our planet functions. At the college level, this degree focuses primarily on a combination of geology, math, and physics classes. Other subjects that are regularly discussed in this major might include plate tectonics, seismology, volcanoes, earthquakes, the environment, energy, and geodynamics.

9. Cognitive Science: $54,000

If you are fascinated with the human mind, then you might be interested in this major. College classes in this field cover a wide range of topics including psychology, math, philosophy, and various sciences. Good memorization, problem-solving, and communication skills are important in this field. So is having an open mind.

10. Electrical Engineering: $68,600

Considering that we use electricity on a daily basis, the appearance of this major on the list should come as no surprise. College students in this field study everything relating to electricity, including how to develop products that use it in order to function. This is also a major for people who like taking things apart and putting them back together to figure out how they work.

College courses in electrical engineering may cover subjects such as math, science, technology, design, and electrodynamics. A love of learning is essential for postgraduate success. Teamwork, communication, social, and analytical skills will also come in handy in this field.

Good luck!

Sources:
https://www.msn.com/en-us/money/careersandeducation/the-100-college-majors-that-go-on-to-earn-the-most-money/ss-AAvzrws?li=BBnb7Kz
https://www.collegefactual.com/majors
https://www.math.upenn.edu/undergraduate/math-majors-and-minors/minor-actuarial-mathematics
https://www.elmhurst.edu/academics/departments/mathematics/programs/actuarial-science-major/
https://majors.stanford.edu/geophysics/geophys
https://pangea.stanford.edu/geophysics/about-us

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