Which College Majors Pay the  Most?

Beth Dumbauld

engineeringInside the heart of every student, a battle rages: follow your dreams, or follow the money? The trick, of course, is to find a major that fulfills you and will turn into a lucrative career.

Today’s graduates face a tough job market: Unemployment remains high, with over 50 percent of recent grads struggling to find work. However, once you do find a job, it will be at a slightly higher pay rate than it would have been a couple of years ago.

Ultimately, if your main goal is to make money, your best bet is to study engineering. The top-earning recent grads are all engineers, and some are making six figures at their very first job.

For the rest, there are many opportunities in emerging fields related to business and government. If you can find a niche in one of these fields that makes you happy, you’re on track to make a great salary.

Top Ten Majors by Earning Potential 

If you’re an engineer or a scientist, you are in luck: According to a recent report from PayScale, the highest-paid graduates are those with engineering majors.

1. Petroleum Engineering - Starting Salary: $103,000 / Mid-Career Salary: $160,000

2. Actuarial Mathematics - Starting Salary: $58,700 / Mid-Career Salary: $120,000

3. Nuclear Engineering - Starting Salary: $67,600 / Mid-Career Salary: $117,000

4. Chemical Engineering - Starting Salary: $68,200 / Mid-Career Salary: $115,000

5. Aerospace Engineering - Starting Salary: $62,800 / Mid-Career Salary: $109,000

6. Electrical Engineering (EE) - Starting Salary: $64,300 / Mid-Career Salary: $106,000

6. Computer Engineering (CE) - Starting Salary: $65,300 / Mid-Career Salary: $106,000

8. Computer Science - Starting Salary: $59,800 / Mid-Career Salary: $102,000

9. Physics - Starting Salary: $53,100 / Mid-Career Salary: $101,000

10. Mechanical Engineering (ME) - Starting Salary: $60,900 / Mid-Career Salary: $99,700

Top Ten Non-Science Majors by Earning Potential 

If science and math are not your top ambition, you still have plenty of high-paying options, particularly in the realms of business and government.

1. Government – Starting Salary: $43,200 / Mid-Career Salary: $97,100

2. Construction Management – Starting Salary: $51,500 / Mid-Career Salary: $88,800

3. Finance – Starting Salary: $49,200 / Mid-Career Salary: $87,100

4. International Relations – Starting Salary: $41,700 / Mid-Career Salary: $85,700

5. Supply Chain Management – Starting Salary: $52,800 / Mid-Career Salary: $83,700

6. International Business – Starting Salary: $43,800 / Mid-Career Salary: $83,700

7. Industrial Design – Starting Salary: $44,800 / Mid-Career Salary: $82,200

8. Industrial Technology – Starting Salary: $50,800 / Mid-Career Salary: $81,500

9. Telecommunications – Starting Salary: $43,100 / Mid-Career Salary: $81,200

10. Occupational Health and Safety – Starting Salary: $50,500 / Mid-Career Salary: $80,300

blog_cta_scholarshipsavailable_111814

Previous Post Next Post