Top 10 Highest Paying Majors to Choose From - University of the Potomac (2023)

There are many important decisions one has to make throughout life. One of them is certainly choosing a major to study at university. To come to this decision, students consider numerous factors in advance. While the factors like job availability and employment rates are significant, salary is equally important, too. At the end of the day, it’s through that salary that one brings food to the table. Seeing how important it’s for a degree to lead you to jobs that pay well, let’s see which are the ten highest paying degrees. The data were taken by the Bureau of Labor Statistics, Glassdoor, and Indeed.

[lgwidget id=”6″]

1. Engineering

We’re going to be starting with the major of engineering. If you’re passionate about engineering, know that you have a broad range of studying opportunities, all those leading you to an abundance of job opportunities and high salaries after graduating. Compared to all other majors, engineering offers the highest average salary.

However, the salary in the field of engineering depends mostly on the engineering specialization you choose. Find below some of these engineering options that bring some of the highest earnings.

What can you do with an Engineering degree?

Graduating in Engineering has several benefits. One of them is that an engineering degree offers you a range of options to choose when it comes to your engineering career. The list of highest paying jobs you can get with an engineering degree includes:

• Aerospace engineer
• Agricultural engineer
• Bioengineers
• Biomedical engineer
• Computer hardware engineer
• Chemical engineer
• Health and safety engineer
• Industrial engineer
• Environmental engineer
• Materials engineer
• Nuclear engineer
• Mining and geological engineer
• Petroleum engineer

Due to the demand in areas of infrastructure rebuilding, oil and gas extraction, renewable energy, and robotics, this industry is expected to continue growing.

2. Economics

To all students who are passionate about working with numbers and have math as their favorite subject in school, economics could be the right major for you. Not only will this degree fulfill your craving for numbers but also will enable you to understand businesses, job markets, and governments.

In the list of skills an economic student gains are critical thinking, problem-solving, analytical thinking skills, and many others. Yet, knowledge and skills aren’t the only elements that make economics major quite attractive to students. Upon graduation, students can expect to earn a quite high salary.

As for the economic jobs that are paid the highest, take a look for yourself at the highest paying economics degree jobs.

What can you do with an Economics degree?

With an Economics degree you will typically work in banks, organizations, or government agencies. An Economics degree will always be useful as it offers career opportunities in occupations such as:

• Economist
• Statistician
• Risk Manager
• Data Analyst
• Political Risk Analyst
• Financial Risk Analyst
• Senior Market Analyst
• Quantitative Analyst

3. Biochemistry and Molecular Biology

Biochemistry and molecular biology can be quite an attractive major for all science lovers. Biochemistry and molecular biology majors are quite prepared in the research and laboratory aspect, for teaching and service careers in the line of science. Find below the average annual salary of a Biochemistry and Molecular Biology major.

Like any degree out there, there are some jobs that are paid more in their line of work. Take a look at some of the highest paying Biochemistry and Molecular Biology jobs.

What can you do with a Biochemistry and Molecular Biology degree?

Biochemistry and Molecular Biology graduates commonly work in colleges, hospitals, or research organizations. The highest-paying jobs in this field include:

• Forensic scientist
• Forensic science technician
• Biochemist
• Biochemistry Professor
• Medical Scientist
• Academic researcher
• Clinical scientist
• Biotechnologist

4. Computer Science

For all those technophiles out there, rest assured that computer science major is the right one for you. Being a versatile degree, computer science is one of the most abundant degrees out there, with countless opportunities for students to choose from. Salary, on the other hand, isn’t bad itself. Actually, it’s one of the majors with the highest average salaries. And lucky for you, this program is offered by the University of the Potomac which is one of the most affordable universities in the country.

Most of the computer science-related jobs are paid well. However, here are some jobs that are paid the most.

What can you do with a Computer Science degree?

With the development of technology, more and more career opportunities are being created for those interested in the field. A Computer Science degree will be very helpful if you want to pursue a career as a:

• Web developer
• Web designer
• Systems analyst
• Games designer and developer
• Software engineer
• Machine learning engineer
• Application analyst and developer

5. Information Technology

Information technology can be both a very exciting and rewarding major. Students will get introduced to computer hardware, software, and network technology. They will learn to apply the knowledge of mathematics and computing to IT disciplines as well as master a range of skills that will prove useful in the workplace. However, the knowledge and the skills aren’t the only benefits. IT professionals generally earn good money.

Despite the high annual income IT professionals might get, there are some jobs that are paid higher than the rest. Take a look at them.

What can you do with an Information Technology degree?

Information Technology graduates can choose from several fields based on their interests. This is the perfect degree if you plan to become a:

• Web developer
• Digital designer
• Software developer
• Quality Assurance Analyst
• Computer Systems Analyst
• Information Security Analyst
• Network and Computer Systems Administrator
• Computer Network Architect
• Computer and Information Research Scientist
• Computer Programmer
• Database Administrator and Architect

Moreover, Information Technology graduates can work in research-related fields and administration jobs, such as:

• IT support specialist
• IT consultant
• IT project manager
• Health IT
• Research scientist

6. Statistics

Choosing a major in statistics can be the right decision for those who are equipped with strong math skills and have an exceptional interest in research in different fields—biological, physical, and social sciences. Just like many majors in this list, statistics offers a plethora of job options to graduate students and decent annual wages.

Statistics majors have the chance to land jobs that pay as much as six figures. Here are three of them.

What can you do with a Statistics degree?

A statistics degree is essential if you are interested in one of the following careers:

• Statistician
• Market researcher
• Investment analyst
• Actuary
• Data scientist
• Data analyst
• Financial risk analyst
• Operational researcher

7. Finance

Finance is a major where numbers have a central role in what is being learned. As such, this major can be the right choice for those that have fun working with numbers as well as see themselves part of the business field. Rest assured that your knowledge and skills gained in the finance program will certainly get compensated financially in the long run.

While finance majors that land finance jobs might earn good pay, there are some finance jobs that pay more than average. Find them below.

What can you do with a Finance degree?

Earning a Finance degree will open the doors to many jobs. Some of the highest paying jobs in the field include:

• Accountant
• Business development officer
• Vendor manager
• Tax associate
• Auditor
• Budget analyst
• Data analyst
• Chief financial officer

8. Accounting

Another major in our list of the highest paying degrees is accounting. Accounting majors learn to maintain and report the finances of an individual or an organization. While any type of degree that is involved with numbers is highly paid, those that major in accounting have countless high-paying career options to choose from. Do you believe that you’ve found your calling? Then the University of the Potomac and its accounting program might be your best option.

While the accounting deals with numbers, the figures these professionals earn are quite high. Find below three of the highest paying accounting jobs.

What can you do with an Accounting degree?

Majoring in Accounting qualifies you for many high paying jobs in the industry. Some of them include:

• Accounting clerk
• Accounting assistant
• Financial planner and adviser
• Accountant
• Business analyst
• Investment adviser
• Controller
• Actuary

9. Physics

A Bachelor’s degree in Physics can be a great first step towards a professional career in science-related fields. However, on its own, this major can be a very lucrative four-year degree. Not only because of the job opportunities in varying industries but also because of the salaries physics majors can earn. Find below the average salary of a physics graduate.

The range of jobs you can do with a physics degree is wide. So, is the range of salaries a physics major can earn. Find below three of the highest paying physics jobs out there.

What can you do with a Physics degree?

A Physics degree can lead to opportunities in several industries, including teaching and researching. The following list includes just some of the jobs you can land with this degree:

• Lecturer
• Secondary school teacher
• Researcher
• Astronomer
• Geophysicist
• Medical physicist
• Meteorologist
• Nanotechnologist

10. Human Resources

The last highest paying major in our list is the major of human resources. Students that choose this major will study the workplace and the people. By that we mean, HR employees will handle employment affairs from staffing, training, payments, health, and safety in the workspace.

Human resources can be rewarding both morally and financially. While you’re going to be the mediator between the employer and the employee, you’ll also get rewarded quite much financially. Here’s the annual income of a human resources professional.

Many HR jobs pay well. However the three we listed below are some of the highest paying HR professions out there.

However, one thing you should keep in mind is that you won’t get a six-figure salary immediately after you graduate. For each level of education you finish and for each additional year of experience on the job, you’ll earn extra.

What can you do with a Human Resources degree?

With a Human Resources degree, you can pursue one of the following careers:

• Human resources assistant
• Recruiter
• Benefits manager
• Employee relations manager
• Compensation manager

Going to college certainly has numerous benefits. One of them happens to be the chance to choose majors that pay quite well after graduation. These are the highest paying college majors out there. We hope we helped you in making your mind about the major you’re going to study. The University of the Potomac offers many of these majors. The best thing is that we offer these programs at an affordable cost, which means that you can finish your dream major and find a job after finishing it without breaking the bank. A win-win situation for you. For any questions you might have, don’t hesitate to write to us.