Most of the people make their career choose by considering their choice of course but there are many factors that should be considered in this regard. After completing graduation there are different doubts which arises in our mind such as which diploma has highest salary. The answer to that question is given below.
The highest-paying diplomas are in the fields of engineering, computer science, and accounting. In general, a bachelor’s degree will earn you more than an associate’s degree or a high school diploma.
However, there are other factors that can affect your salary. These include:
Your major
Your geographic location
Whether you have worked before receiving your degree
The industry you work in
The size of your company
Which diploma has highest salary
Introduction
Our modern world is flooded with job options. It can be overwhelming to try and navigate your way through the maze of options, especially as a fresh-faced graduate. As such, we’ve put together this report to help you understand which diploma has the highest salary so that your career path will be an informed choice.
Which diploma has highest salary?
If you’re looking to make the biggest buck, then a health-related field is the best place to start. The average salary for people with a Bachelor’s degree in Health Sciences is $89,600. Education and Commerce are also high up on the list of highest-paying fields of study, with average salaries of $88,700 and $72,600 respectively.
In contrast, the lowest paying industry is Arts & Social Sciences which offers an average yearly salary of just $44,400 per year (and even less if you have no experience). If you’re considering studying something like Philosophy or Fine Art as your major subject area then it’s best not to expect much from your career prospects once you graduate!
A recent report is showing that graduates who studied Health (including Nursing) and Education are likely to have the highest salaries over their lifetime when compared to other industries.
For those in the market for a new degree, it’s important to consider not just what type of job you want and what industry your career path will be in but also how much money you will make. A recent report is showing that graduates who studied Health (including Nursing) and Education are likely to have the highest salaries over their lifetime when compared to other industries.
The average salary for someone with a Health or Education degree is $89,600, which is significantly higher than any other industry at an average of $71,000. On the other end of the spectrum, there are three low paying industries: Arts and Social Sciences at $58,200; Commerce at $67,700; Engineering Technologies at $75,300.
The average salary for someone with a Health or Education degree is $89,600 which is above the average lifetime earnings of any other industry by $18,000.
Another interesting point is that two of the three lowest paying industries were courses in Arts and Social Sciences and Commerce respectively. In fact the highest-earning Commerce graduate only earns about $81,000 which is almost $10,000 less than the highest earning Health / Education graduate.
Another interesting point is that two of the three lowest paying industries were courses in Arts and Social Sciences and Commerce respectively. In fact the highest-earning Commerce graduate only earns about $81,000 which is almost $10,000 less than the highest earning Health / Education graduate.
Another way to look at this would be by comparing median salaries across various universities. The chart below shows the top 10 universities with their average starting salary for graduates as a whole as well as their median starting salary (the middle value). You can see that while all ten universities have average starting salaries above $80,000 per year, only 6 out of 10 had median starting salaries above this figure.
Conclusion
So what does this mean? What can we learn from all of this? Well, according to the report it seems that if you want to make a lot of money then study things like Nursing or Education. If you aren’t sure about what to study then maybe look at these fields because they can lead to higher lifetime earnings than other industries.
