The 10 Best Paying Degrees in the World 2024

The higher your educational level, the greater your future earnings. not necessarily. A master’s degree in one field can get a college graduate much more than a master’s degree in another. Choosing a specialty that not only interests you, but is also in high demand, will bring you higher future earnings. Which fields of study have the highest earning potential in the world?

10. Economy

9. Physics

Since engineering careers rank high as the most desirable college degree, it stands to reason that physics majors would also find many career opportunities in these same fields after graduation.

8. Statistics

With job growth estimated at 27 percent over the next 10 years, both private and government employers need your skills as a statistician. With a bachelor’s degree in mathematics or statistics, your future looks financially secure.

Statisticians earn an average salary of $54,900 at entry level. By mid-career, you can look forward to earning a salary of around $103,100. Government employers tend to pay more than private sector employers, but this may change as private industry’s need for statisticians increases. Managers must look at the global economy, not just local economies, in order to remain competitive in today’s markets.

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7. Computer science

Working for companies like Google or SAS Institute may not seem possible even with an excellent GPA and a bachelor’s degree in computer science. You impress the recruiters from these top IT companies by doing a little extra work.

Internships and courses that challenge your presentation skills put your name higher on recruiters’ lists. Take additional programming lessons to become an expert in this field. These talents will help you find a job with an entry-level salary of $56,500.

6. Director of Computer and Information Systems

Businesses want people who can keep up with changes in technology and implement these changes so that their companies remain competitive. To work with a Fortune 500 company, you’ll need a bachelor’s degree in fields related to communications or computer science. Experienced IT managers earn $120,000 per year and you can earn more with an MBA. At entry level, you can expect an annual salary of $76,420.

IT managers work in all industries and demand will grow by an estimated 17 percent through 2024. You’ll need work experience to qualify for most IT management jobs. Working in information security will give you the experience needed for an IT security manager.

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5. Game design

Your love of video games can lead to a high-paying career in game design, production, and programming.

The technical and technical expertise needed to design console, computer, and mobile games includes several programs in one degree. Computer science, project management, and multimedia production courses combine to help you create what players want.

Game design graduates can earn $75,000 per year. Experienced audio professionals, programmers, and game producers earn between $81,000 to $92,000 per year. Internships as well as producing and distributing your own games while attending university can give you an edge in the gaming market.

4. Master of Business Administration

If you’re looking at business administration as a career, the major you choose makes a big difference in the salary you can expect to receive. An MBA degree opens doors to:

• contractor
• Marketing Management
• Economics
• finance
• accounting

An MBA in Strategy, the most in-demand career in business, has an average entry-level salary of just over $93,000. Finance and Real Estate Track Entry-level salaries average $78,900.

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On the other hand, an MBA in Human Resource Management offers a relatively low starting salary ranging from $36,000 to $74,800 depending on the environment and economy of the location you choose to apply.

3. Applied and general mathematics

Professions that require a bachelor’s degree in mathematics, such as statisticians, teachers, and actuaries, do not all lead to well-paying jobs. You can find great satisfaction in any of these fields, but by mid-career, you may find that you have reached the top of the salary scale.

Creating a broader range of career options for your post-graduation career means taking some classes in:

• Business Management
• computer science
• accounting
• Writing and communications

With a little additional education, you can find work in actuarial mathematics. Actuarial careers will grow by an estimated 23 percent over the next 10 years and the average starting salary is $94,000. If you enjoy forecasting financial risks using mathematics and economic trends as your research tool, this career will suit you well.

You need a bachelor’s degree in economics, mathematics, or actuarial science before passing the required series of actuarial exams related to your field of interest. Medical insurance companies have the highest demand for actuaries. More people signing up for insurance means the possibility of future financial losses and they want to make plans to reduce these potential losses.

At the lower end of the pay scale, you find teachers starting at $37,000 per year teaching at the elementary and secondary grade levels.

2. Nursing

Demand for registered nurses continues to rise as the Affordable Care Act takes full effect. Nurses work in all healthcare settings, often serving as a liaison between doctors and overworked patients.

The top 10 percent of registered nurses earn $94,000 or more annually. You can live comfortably on that salary, but getting a slightly higher education to a nurse practitioner will allow you to live well at the entry level.

You perform many of the same duties as a registered nurse while also serving as a primary care physician for patients. Most nurse practitioners work in a clinic under the supervision of a physician. You can earn an entry-level annual salary of $96,460 as a nurse practitioner.

1. Engineering

Your engineering degree gets you the highest starting pay. The need for engineers in multiple fields makes graduates valuable in diverse industries. As an engineer with a bachelor’s or master’s degree, you can earn $3.4 million or more during your lifetime. This is an estimated $2.2 million more than a person with only a high school diploma.

Professions that require engineer degrees with the highest possible salary level include:

• Chemicals
• Nuclear
• Computer
• Environmental
• Athlete
• electricity

Graduates can expect salaries starting from $61,000 to $69,000 per year in the above fields.

With a master’s degree in petroleum engineering, your value in the industry and your starting salary increase dramatically. At the entry level in this field, you can expect an annual salary of $102,000.

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