The average salary for various careers can often lead to the question: what degree has the highest salary? It is estimated that 45% of US college graduates have a job that does not require their degree. This article will cover salaries for various degrees, and what some of the more popular jobs are for people who have these degrees.
The degree with the highest salary is a doctorate in engineering.
According to a report released by the Bureau of Labor Statistics in May 2017, engineers earned an average annual wage of $121,010 as of May 2016. This was followed by mathematicians and statisticians, who earned an average annual wage of $111,440 and lawyers, who earned an average annual wage of $114,820.
The report also notes that “engineers in general” command a higher wage than other professions, with an average annual wage at $99,620 per year as of May 2015.
What degree has the highest salary
Introduction
If you’re thinking about going back to school, the most important thing you need to consider is whether the degree will pay for itself. To answer this question, ask yourself: Will this degree open doors to new job opportunities? Will it help me get a promotion at my current job? Are there lots of jobs out there for people with this degree? This post will help you answer these questions by ranking the highest-paying jobs by degree type.
# Data Preprocessing
Highest paying Bachelor’s degree
A Bachelor’s degree is the most common type of post-secondary education. In general, a Bachelor’s degree typically takes four years to complete and includes 120 credits worth of coursework. Earnings for people with a Bachelor’s degree tend to be higher than those without any college experience, but not as high as those who have obtained higher degrees such as Masters or PhDs.
As one might expect, earning a higher level of education can lead to higher earnings in the workforce. In fact, according to data from the Bureau of Labor Statistics (BLS), by 2022 the median annual wage for individuals holding an associate’s degree will increase by 25% compared with 17% for those with only a high school diploma (and even less than that if you didn’t finish high school).
Highest paying Master’s degree
Of the eight Master’s degrees that pay the highest salaries, five are STEM-related degrees: engineering, business administration, information systems, nursing and accounting. The other three are more generalist degrees in computer science, marketing and education.
The average starting salary for all Master’s graduates is $50k per year (with a range between $34k – $59k). However if you want to make six figures as a Master’s graduate then you’ll need to go into one of these fields.
Engineering
Engineering has always been a lucrative field to work in but what makes it even more so today is the world’s growing focus on innovation and technology which means there’s never been more demand for engineers than there is now! Studies have shown that an engineer with only 3 years experience can earn around $80-$90k annually which means after 5 years experience they could be earning over $100k per year! In addition there are many potential benefits such as paid overtime hours or bonuses gifted by employers meaning this career path could very well lead into great wealth for those who choose it wisely
Highest paying Associate’s degree
The highest paying Associate’s degree is an engineering degree. According to the U.S Bureau of Labor Statistics, the median salary for an engineer of all degrees is $93,470 per year. The median annual salary for a computer scientist is $93,480 and these professionals earn $59k more than those with only a bachelor’s degree. The next highest paying associate’s degree is nursing where you can expect to make about $80k per year at the median or about 30k more than someone with just a high school diploma.
The third most lucrative associate’s degree is in information technology (IT). An IT professional will earn about $73k per year or 22k more than an average worker who does not have any training in this field at all. Another popular and lucrative associate’s degree is business administration which pays on average $65k per year or 16k more than someone without formal education in business management techniques would earn annually if they worked full time doing similar tasks as those who hold this qualification alone.”
Highest paying Doctorate degree
The highest paying Doctorate degree is a Ph.D., which is awarded for the completion of a doctoral program. A Ph.D. takes four to six years to complete and can cost up to $100,000 depending on where you attend school, according to the National Center for Education Statistics (NCES).
In addition to earning you more money over time, getting your Ph.D. will likely increase your job security as well: Over half (56%) of those with this level of education reported being employed full-time compared with only 35% of people with professional degrees and 27% who had master’s degrees or other graduate degrees, according to data from NCES’ 2009-10 American Community Survey (ACS).
Highest paying certificate
If you’re looking for a certificate program that will take you from entry-level to mid-level, the following six certificate programs are among the highest paying:
- Business administration
- Computer programming
- Project management
- Data analysis
- Software engineering or programming (including web and mobile applications)
If you want to make the most money, you might be better off without a college degree.
If you want to make the most money, you might be better off without a college degree. In many cases, a college degree is more about networking and getting into the right career than it is about learning specific skills. While some careers require formal training (such as doctors), others can be entered without any education at all (such as entrepreneurs).
If you’re looking for an education that will pay off in terms of income, then consider engineering and finance: these two fields tend to offer salaries comparable with those of lawyers and doctors but don’t require years of schooling. A bachelor’s degree in business administration or computer science will also get your foot in the door at many companies—but again, these degrees won’t necessarily help you keep your job once there. Finally, don’t forget about medical school: while medical school graduates do earn less than other fields like engineering or finance early on in their careers thanks to low starting salaries coupled with high debt loads incurred during their time at school; they’ll catch up quickly after graduation due to skyrocketing demand for physicians across all specialties within health care systems around the world (not just those associated with private practice).
Conclusion
Our findings indicate that a college degree is still worth getting, but the major you choose can make a big difference in how much money you will earn, and how quickly. The highest-earning majors are those which are not only useful for technical jobs, but also require soft skills such as an ability to communicate well with others. This is likely because these skills allow people to navigate non-technical tasks and be successful at other types of jobs where communication skills are needed. It could also mean that those who have majored in some type of engineering or computer science tend not to go into other fields after graduating from university if they do not find technical work immediately available.
