Unsurprisingly, the majority of careers on this list fall under the STEM category. In terms of financial security, engineering majors boast perhaps the brightest future of all, but individuals aspiring toward scientific endeavors and technology careers also appear well-represented. Common attributes of these high-earning professionals include leadership and management skills, advanced mathematical, technical, or engineering knowledge, and high-level researching abilities. While many of the 25 highest paying careers for college graduates allow for entry-level work fresh off of an undergraduate program, some may require graduate or postgraduate education to get your foot in the industry door. These skilled professionals first work alongside specialists and scientists to understand the reservoir formations, before beginning research and development of drilling equipments, plans, and other operations. Petroleum engineers may specialize in different areas, including completions, working on building wells; drilling, determining the safest and most efficient drilling procedures; production, monitoring the production of built wells; and reservoir, determining how much gas or oil can be extracted from a deposit.
2. Benefits for You and Your Family
In the right role, business can be a highly profitable career field. Dozens of business and related occupations earn more than double the median annual salaries for all occupations. High-paying business careers are out there, but to get them, you will need a solid education and an in-demand degree. Some occupations call for an undergraduate degree, while others require more advanced study. Depending on what you want to do, you may need a broad or specialized education. You may major in a field closely related to business or a subject that seems less directly involved with the business world. The 15 degrees below are the perfect educational paths to prepare you for a lucrative business career. The Master of Business Administration MBA degree is the traditional educational path for business professionals who aspire to advance into high-level and high-paying roles.
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The MBA is a graduate degree that includes core courses in a broad range of business subjects, such as finance, accounting, management, marketing, strategy, operations and information systems, according to U. The traditional MBA program takes two years of full-time graduate study to complete, although many schools now offer both part-time and accelerated study options in their online and on-campus programs. The breadth of business knowledge covered in an MBA program makes the degree versatile enough to appeal to a range of employers in the world of business and finance, but students often pursue a specialization or concentration in a subject of interest addition to their core courses in various business subjects. Among the most popular MBA specializations are finance, supply chain management, international business, computer information systems, entrepreneurship, marketing and sustainability, according to U. There are plenty of roles you can hold once you attain your MBA, particularly if you choose a well-respected school and a sought-after specialization. Additionally, many of the more lucrative niche business career paths are open to students who earn an MBA with a relevant concentration. Chief executives occupy the highest-earning role in the business world, with a median salary that is almost five times the median wage for all occupations, the BLS reported. These top managers hold titles such as president, executive director and managing director and oversee the big-picture direction of the company or organization, according to the BLS.
These Careers Are Worth the Price of College Admission
Education, employment and pay often go hand in hand. This article, based on data from the Bureau of Labor Statistics, provides information on high paying jobs for which online education is available. Education in engineering management can be pursued entirely online, making it perhaps the highest paying job one can obtain through online education. Penn State: Master of Engineering Management. Good with computers and data organization? A degree in Computer and Information Systems Management—sometimes overlapping with information technology IT —would put you in a position to earn a great salary. Often IT management personnel have some level of graduate education, but it is also common to work in the IT field with only a Bachelors degree.
1. Make More Money
It requires a lot of hard work, but that work prepares you for a challenging and rewarding career and a more fruitful life. Aren’t you? Families of college graduates are generally better off economically and socially. You may find the offer is not negotiable, but there is little harm in trying—once. Your job might be to ensure that the content on a particular subject is completely accurate. While you don’t want to define your character by the amount of money you make, you do need to have the mindset that whatever you can earn, you are worth. Here are eight of the best ways I know to make money without a degree. Continue Reading. The benefits of a college education include career opportunities like better paying and higher skilled jobs, but studies have shown that it also leads to overall happiness and stability. Go get yours. Requesting an increase in pay from your current employer is your right.
The Highest-Paying Bachelor’s Degrees
If money is important to you, select a career that will pay you what you want to earn. Consider guiding whitewater rafting and kayaking tours or mountain climbing groups to earn money while you enjoy an adventure. Students who majored in fine arts has some of the lowest starting salaries of any group. If you value helping people in need, you can anticipate a particular salary over the course of your career. Many people know that they want to attend college, but don’t know exactly why, or how it will enrich their lives. One of the best parts of getting your college degree is the access it gives you to high quality benefits and perks. A recent report published by the Georgetown Public Policy Institute GPPIa leading public policy program at Georgetown University, found majors yielding some of the lowest unemployment rates are chemistry, finance and nursing. Spend time in line management and manage the work of others to grow your income potential. Image credit: Storyblocks.
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Work is about degreew money. Despite what countless consultants and studies tell you, work is about the money that you make to support the lifestyle that you want and need.
Work only becomes not about the money when you have sufficient income—however you define sufficient income—to support your chosen lifestyle. With sufficient money to live ,ake that supports your wanted lifestyle, work can then become about making a difference, contribution, sharing an important missiondoing tasks you love, feeling important, making friendsgaining success, pleasing customersand achievement.
All of these goals, tbe define why people workcome into play when you make sufficient money. Thus, the amount of money that you want to make, and do make during your lifetime of work, is dependent upon your beliefs, attitudes, values, and career choices. If you value helping people in need, you can anticipate a particular salary over the course of your career. As long as your values or beliefs are more important to you than what you are paid, your choice is fine.
Almost everyone thinks that they should make more money than they. The purpose of these tips is to help you have the money you degrees that help make the most money to follow his strategies.
The first step you need to take to make more money is to select or switch to a career in which the earning potential is high. Money is what you are paid to do a job and accomplish goals for an employer. Or, money is the salary you pay yourself as a self-employed business person.
It is simply a tool that allows you to attain the standard of living you choose to pursue. Money allows you to support the philanthropic causes about which you are passionate. Money allows you to travel, purchase items you want in your life, and pursue hobbies and interests that engage you. Money allows you to retire someday if you choose. Asking for a higher salary when you change jobs is expected.
Requesting an increase in pay from your current employer is your right. Choosing a career that will pay a higher salary and thus, a higher lifetime income is all right. While you don’t want to define your character by the amount of money you make, you do need to have the mindset that whatever you can hrlp, you are worth.
Be prepared to make the choices throughout your career that will enhance your ability to earn more money. As an example, asking your manager for a raise can daunt the courage of even the most confident person. Helpp, if you never ask for a raise, you are «settling» for what your organization offers you. You need to hold yourself in yhe esteem than to just settle—you’re worth it. Aren’t you? Some jobs just pay more than. If money is important to you, select a career that will pay you what you want to earn.
Or, realize that you will have to do something thqt to make good money in the career of your choice. Teh can also moonlight, work a second part-time job, freelance, or start your own business. Again, the money you will make during your work career is up to you.
Take a look at salary calculators to figure out your income potential in various careers. The Economic Research Institute Salary Calculator will even help you figure out lifetime salary potential for various jobs of your choosing.
People with degrees tend to make more money working in their field than people who do not have degrees. The lifetime gain in income can be significant. The associate’s degree brings a huge bump over a high school diploma. In the field of Human Resources, for example, employees can earn much higher potential income with a bachelor’s degree and an even higher income with a master’s degree or Juris Doctor JD. Need convincing?
At «MSN Money,» Allison Linn, a notable financial writer, says that lifetime income increases with degrees, but you must be particular about the degree you pursue. In some fields, such as a nurse’s aide, which is anticipated to grow, a degree will never pay you back for your investment. To earn degreez best salaryif you take a job with one employer, and stay with that employer, you may not maximize your income potential.
The job choices you make can also affect your income. Spend time in line management and manage the work of others to grow your income potential. Or, develop a technical skill set that makes you a valued individual achiever.
Ultimately, though, you may need to change departments or employers to earn the highest income. Some research indicates that an employee who switches mosh expects minimally a ten percent increase in salary.
Becoming a wanted quantity ups the value of your bargaining chips with your current employer. If you are a quiet, good, hardworking employee who waits for salary increases to moeny offered to you by management, you are limiting your lifetime income potential. Actions that you take at work, and over your years of working, seriously impact your income potential.
Use these ideas to ensure that you earn the amount of money you want over your lifetime of working. You can maximize your lifetime earning potential. You need to choose to do so; these ideas will help.
Go get yours. Remember, you’re worth it. Human Resources Compensation. By Susan M. Negotiate a potential new employer’s initial offer. You may find the offer is not negotiable, but there is little harm in trying—once. You will alienate the employer if you engage in a series of negotiations that escalate your demands as the employer improves your offer. Only about 20 percent of employees negotiate their salary offers or benefits packages.
Be one of them to improve your lifetime income potential. Ask for raises regularly from your manager while you work. Track your accomplishments. Measure the before and after of projects you complete. Demonstrate and point out the value you add to the company’s bottom line. Recognize that, despite your best efforts, your employer may have a salary band outside of which he cannot negotiate.
Your employer may also have the policy to review salaries annually at a specific time. But, it doesn’t hurt to ask; just don’t pester. Express your career ambitions and the contributions to the company’s success you hope to make.
Obtain your manager’s commitment to and help with your career growth and development. You want to be in the succession plan. Every company has a superior employee listeven if it just resides in a manager’s mind—trust this and believe it—and you want to be on it to maximize your income potential.
Continue Reading.
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College students arriving on campuses across the U. But now, they’ll need to choose a major. As part of its annual College Salary Reportreleased today, PayScale analyzed data from graduates of more than 2, schools in order to spotlight how much graduates typically make early and mid-way through their careers. The site also identified the highest-paying college majors, and polled workers about whether or not they felt their work makes the world a better place. As in previous yearsSTEM fields dominate the highest-paying majors.
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But Sudarshan Sampath, director of research at PayScale, stresses that students should think carefully about what they want to earn a degree in, rather than deciding to pursue a major simply because it might pay. The key, he says, is to pick a major that you are interested in that can also give you useful hard and soft skills. This, says Sampath, is another important factor to consider. Like this story? Get Make It newsletters delivered to your inbox. All Rights Reserved. Skip Navigation. Success 5 mental traps that successful people never fall for, according to psychologists Anna Borges, Contributor. Work These are the 20 best jobs in America innew ranking says Courtney Connley. Graduate students in MIT’s Department of Aeronautics and Astronautics create simulators of a winged aircraft or ground vehicles. VIDEO
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