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.

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1. Engineering

Top 10 Highest Paying Majors to Choose From - University of the Potomac (1)

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.

Average Annual 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.

Petroleum EngineerComputer Hardware EngineerAerospace Engineer

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.

Average Annual Salary

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

Senior Market AnalystActuaryQuantitative Analyst
$115,166$113, 430$104,340

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

Top 10 Highest Paying Majors to Choose From - University of the Potomac (2)

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.

Average Annual Salary

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.

BiochemistBiomedical EngineerEpidemiologist

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.

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Average Annual Salary

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

Software ArchitectDevelopment Operations EngineerData Scientist

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.

Average Annual Salary

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.

Software DeveloperComputer Systems AnalystWeb Developer

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:

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

6. Statistics

Top 10 Highest Paying Majors to Choose From - University of the Potomac (3)

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.

Average Annual Salary

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

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Data ScientistActuarySoftware Engineer

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.

Average Annual Salary

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

Chief Compliance OfficerPrivate Equity AssociateHedge Fund Manager

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.

Average Annual Salary

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

Accounting DirectorControllerFinance Manager

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

Top 10 Highest Paying Majors to Choose From - University of the Potomac (4)

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.

Average Annual Salary

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.

Medical PhysicistAstronomerGeophysicist

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.

Average Annual Salary

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

Compensation and Benefits ManagerChange Management SpecialistLabor Relations Specialist

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.

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What is the most high paying major? ›

50 Highest-paying College Majors
  1. Computer Science. Median Base Salary: $70,000. ...
  2. Electrical Engineering. Median Base Salary: $68,438. ...
  3. Mechanical Engineering. Median Base Salary: $68,000. ...
  4. Chemical Engineering. Median Base Salary: $65,000. ...
  5. Industrial Engineering. ...
  6. Information Technology. ...
  7. Civil Engineering. ...
  8. Statistics.

What 4 year major makes the most money? ›

Highest Paying Jobs With a Bachelor's Degree
RankMajorMid-Career Pay
Rank:1Petroleum EngineeringMid-Career Pay:$187,300
2Operations Research & Industrial EngineeringMid-Career Pay:$170,400
3Electrical Engineering & Computer Science (EECS)Mid-Career Pay:$159,300
4Interaction DesignMid-Career Pay:$155,800
21 more rows

What Major has highest starting salary? ›

Average Median Starting Salary: $46,311

Math and statistics majors earn an average median salary of $46,000 out of college. This category includes four majors, with applied mathematics graduates earning the highest starting salaries at an average median of $58,000.

What is the most successful major? ›

1. Business. Business majors are among the most popular undergraduate degrees in the U.S. Nearly 1 in 5 bachelor's degrees, or 390,600, was awarded in business in 2018-19.

What are easy majors that pay well? ›

8 Easy Degrees That Pay Well
  • Business Administration. Business administration is one major that is usually considered “easy.” Some programs will also only take 3 years to finish! ...
  • English. ...
  • Human Resources. ...
  • Criminal Justice. ...
  • Marketing. ...
  • Supply Chain Management. ...
  • Psychology. ...
  • Communication.
6 Jul 2022

Which major has the most jobs? ›

The College Degrees That Get The Most Job Offers
  • Computer Science: 68.7%
  • Economics: 61.5%
  • Accounting: 61.2%
  • Engineering: 59%
  • Business Administration: 54.3%
  • Sociology/Social Work: 42.5%
  • Mathematics/Statistics: 40.3%
  • Psychology: 39.2%
22 Jan 2014

What 2 year degree makes the most money? ›

What Are the Highest-Paying Associate Degrees?
  • Electrical Engineering. ...
  • Aeronautics. ...
  • MRI Technology. ...
  • Radiology Technology. ...
  • Respiratory Therapy. ...
  • Occupational Therapy. ...
  • Mechanical Engineering. ...
  • Network Engineering. Network engineers design, administer, and maintain local and wide area network systems.

What job is well paid? ›

Highest-Paying Careers
RankOccupation2021 Median Wages
Employment column two Annual
1Emergency Medicine Physicians$208,000+
7 more rows

What degree makes the most money 2022? ›

This list details some of the most popular and lucrative college majors in demand in 2022.
  1. Engineering. ...
  2. Business. ...
  3. Nursing. ...
  4. Hospitality. ...
  5. Education. ...
  6. Computer Science. ...
  7. Architecture. ...
  8. Pharmaceutical Sciences.

How do I decide my major? ›

Here's a step-by-step guide on how to choose a major:
  1. Identify Interests, Values, Passions, and Abilities.
  2. Consider the Future.
  3. Choose the Right School.
  4. Give Yourself Time.
  5. Get Help.
  6. Spot Any Disadvantages Before Choosing a Major.
  7. Change Your Mind.
  8. Do a Reality Check.
17 Jun 2022

What is the lowest paying major? ›

Lowest-Paying Majors
  • Metalsmithing: $40,300.
  • Medical Assisting: $44,800.
  • Mental Health: $45,000.
  • Early Childhood Education: $45,400.
  • Outdoor Education: $46,300.
  • Rehabilitation Counseling: $46,400.
  • Child and Family Studies: $46,500.
  • Addiction Studies: $47,000.

Which major is the easiest? ›

Business administration ranks as our #1 easiest college major because it has that perfect trio of low weekly homework load, high average GPA, and great ROI. If you have solid business acumen, a head for figures, and a desire to work with people, could be a great-fit major for you.

Which degree is easiest to get a job? ›

According to the Bureau of Labor Statistics, the following degrees are the easiest to obtain a job with base employment and a median annual wage:
  • Nursing.
  • Finance.
  • Business administration.
  • Statistics.
  • Mechanical engineering.
  • Computer science.
  • Economics.
  • Marketing.
1 Mar 2022

What major does not need math? ›

Here are popular majors that do not require studying math:
  • Foreign language. A foreign language major trains you to communicate fluently in a new language. ...
  • Music. ...
  • Education. ...
  • English literature. ...
  • Philosophy. ...
  • Communications. ...
  • Anthropology. ...
  • Graphic design.
30 Jun 2021

Which major has the smartest students? ›

Physics, Mathematical Sciences and Philosophy are among the majors with the highest IQs in America, according to research. University data experts at Educational Testing Service have ranked the top majors based on their IQ – Physics and Astronomy come out on top with 133.

What is the most popular major? ›

Major Business and Management

Which course is best for career? ›

Best Short-term Job-Oriented Courses
  • Certificate Course in Finance Accounting and Taxation.
  • Advanced Certificate Program in Data Science.
  • Advanced Certificate in Machine Learning and NLP.
  • Advanced Certificate in Blockchain Technology.
  • Advanced Certificate in Digital Marketing and Communication.
  • PHP Certification.

What degrees are most in demand? ›

Most In-Demand Degrees
  1. Pharmacology. For a lucrative career helping people, pharmacology is at the top of the list for in-demand degrees. ...
  2. Computer Science. ...
  3. Health Science. ...
  4. Information Technology. ...
  5. Engineering. ...
  6. Business Administration. ...
  7. Finance. ...
  8. Human Resources.

What job makes the most money with the least education? ›

Top high-paying jobs that require little schooling
  • Civil engineering technician. Average base pay: $76,540 per year. ...
  • Computer programmer. Average base pay: $76,526 per year. ...
  • Construction manager. ...
  • Website developer. ...
  • Registered nurse. ...
  • Clinical laboratory assistant. ...
  • Diagnostic medical sonographer. ...
  • Physical therapist assistant.
29 Jun 2021

What jobs give 100k a year? ›

25 jobs where you can earn more than $100,000 a year
  • Physician. Median base salary: $180,000. ...
  • Lawyer. Median base salary: $144,500. ...
  • R&D manager. Median base salary: $142,120. ...
  • Software development manager. Median base salary: $132,000. ...
  • Pharmacy manager. ...
  • Strategy manager. ...
  • Software architect. ...
  • Integrated circuit designer engineer.
29 Nov 2016

What is 1 million a year hourly? ›

$1,000,000 yearly is how much per hour? If you make $1,000,000 per year, your hourly salary would be $513. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week. How much tax do I pay if I make $1,000,000 per year?

What majors have the most free time? ›

Check out the list of the 10 college majors with the most free time:
  • Zoology. ...
  • Marketing. ...
  • Economics. ...
  • Public Relations and Advertising. ...
  • Computer Engineering and Tech. ...
  • Astronomy. Hours of relaxation per week: 13.08.
  • Computer Science. Hours of relaxation per week: 13.7.
  • Software Engineering. Hours of relaxation per week: 13.84.
30 Jan 2018

What should you study if you want to make money? ›

These are the top degrees that pay well, and how you can learn your way into a rewarding career with any of them.
  1. Nuclear Engineering.
  2. Health and Medical Preparatory Programs. ...
  3. Materials Engineering and Materials Science. ...
  4. Mechanical Engineering. ...
  5. Computer Science. ...
  6. Materials Science. ...
  7. Petroleum Engineering. ...
  8. Engineering Mechanics. ...
20 Aug 2022

Which degree gets the most jobs? ›

Here is NACE's list of academic majors, showing the percentage of student applicants who had at least one job offer by the time they graduated:
  • Computer Science: 68.7%
  • Economics: 61.5%
  • Accounting: 61.2%
  • Engineering: 59%
  • Business Administration: 54.3%
  • Sociology/Social Work: 42.5%
  • Mathematics/Statistics: 40.3%
22 Jan 2014

What is the highest paying job in the US? ›

Here are the highest paying jobs of 2022:
  • Anesthesiologist: $208,000.
  • Surgeon: $208,000.
  • Obstetrician and Gynecologist: $208,000.
  • Orthodontist: $208,000.
  • Oral and Maxillofacial Surgeon: $208,000.
  • Physician: $208,000.
  • Psychiatrist: $208,000.

What degree makes the most money 2022? ›

This list details some of the most popular and lucrative college majors in demand in 2022.
  1. Engineering. ...
  2. Business. ...
  3. Nursing. ...
  4. Hospitality. ...
  5. Education. ...
  6. Computer Science. ...
  7. Architecture. ...
  8. Pharmaceutical Sciences.

What is the best paid job? ›

Highest-Paying Careers
RankOccupation2021 Median Wages
Employment column two Annual
1Emergency Medicine Physicians$208,000+
7 more rows

Which course is best for future? ›

Read on to learn which courses of the future you should take, along with the best majors for future.
  • Biomedical Engineering. ...
  • Computational Linguistics. ...
  • Information Technology. ...
  • Big Data. ...
  • Construction Management. ...
  • Electrical Engineering. ...
  • Drone Technology. ...
  • Data Analytics and Business Intelligence.

Which is the best degree for future? ›

Here are some fields that are expected to have growth potential and continue to develop.
  • Engineering. Engineering is a large scientific branch focused on the practical design and building of structures or machines. ...
  • Healthcare. ...
  • Psychology. ...
  • Computer Science. ...
  • Business. ...
  • Information Technology. ...
  • Accounting. ...
  • Economics & Finance.

What is the lowest paying job? ›

25 of the Lowest Paying Jobs
  • Gambling and Sports Book Writers and Runners.
  • Gambling Change Persons and Booth Cashiers.
  • Parking Lot Attendants.
  • Home Health and Personal Care Aides.
  • Non-Farm Animal Caretakers.
  • Maids and Housekeepers.
  • Entertainment Attendants and Related Workers.
  • Shoe Machine Operators and Tenders.
13 Sept 2022

What jobs make 300000 a year? ›

What jobs make $300,000 per year?
  • Radiologist.
  • Chief executive officer (CEO)
  • Chief financial officer (CFO)
  • Principal software architect.
  • Obstetrics and gynecology physician.
  • Emergency medicine physician.
  • Psychiatrist.
  • Physician.

What should you study if you want to make money? ›

These are the top degrees that pay well, and how you can learn your way into a rewarding career with any of them.
  1. Nuclear Engineering.
  2. Health and Medical Preparatory Programs. ...
  3. Materials Engineering and Materials Science. ...
  4. Mechanical Engineering. ...
  5. Computer Science. ...
  6. Materials Science. ...
  7. Petroleum Engineering. ...
  8. Engineering Mechanics. ...
20 Aug 2022

What is the easiest degree? ›

The 16 Easiest College Majors – 2022 Rankings
  • Psychology.
  • Criminal Justice.
  • English.
  • Education.
  • Religious Studies.
  • Social Work.
  • Sociology.
  • Communications.
11 Sept 2022

What jobs make you millionaires? ›

Jobs that better your chances of becoming a millionaire
  • Professional athlete.
  • Investment banker.
  • Entrepreneur.
  • Lawyer.
  • Certified public accountant.
  • Insurance agent.
  • Engineer.
  • Real estate agent.

What is a high salary? ›

Salary between AUD$90,000 – AUD$108,000 annually or AUD$7,500 – AUD$9,000 monthly is considered a good salary in Australia. That said, the national average is about AUD$90,000 per year. In major cities such as Sydney and Melbourne, you can expect a higher salary of around AUD$110,000 – AUD$150,000. What is this?

Who earns the highest salary in the world? ›

These are the 20 highest paying careers in the world:
  • General Practitioner (GP) ...
  • Psychiatrist. ...
  • Orthodontist. ...
  • Gynecologist. Average Salary: $235,240. ...
  • Oral & Maxillofacial Surgeon. Average Salary: $243,500. ...
  • Surgeon. Average Salary: $251,000. ...
  • Anesthesiologist. Average Salary: $265,000. ...
  • Neurosurgeon. Average Salary: $381,500.
3 Aug 2022


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