Education, especially a college education, is a major investment. One pays five figures for higher education because of the employment opportunities it will bring in the future. To get a high return on your investment, one must project future earnings before taking a degree.
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Even a bachelor’s degree can help increase a person’s salary. Below, we discuss some undergraduate degrees with potentially high pay in the job market.
When you deal with money, you’ll almost make sure that you will make more money. This is true, especially when you’re working for the finance and accounting departments of a company. It’s not only top financial advisors and bankers that get high salaries in the field; even those at the beginning or entry-level positions are getting good pay, too.
Obtaining an online accountancy degree can help a person get ready for the future. According to Franklin University, it is an in-demand course with lots of flexible job opportunities. By the year 2029, the demand for accountants and auditors is said to increase by 11.2 percent.
On average, the starting salary of a person with a bachelor’s degree in accountancy is 50,833 dollars. A person can even earn higher if they become a CPA (certified public accountant). With a master’s degree plus a CPA license, one can earn up to six digits; on average, a financial manager earns up to 127,990 US dollars.
According to the National Association for Continuing Education, engineering consistently ranks as one of the highest paying degrees. Among the engineering courses, those who graduate with a software engineering degree get the highest starting salary; on average, a software engineer graduate earns $70,073 at the entry-level.
For the national average salary, chemical, sales, and petrochemical engineers earn the highest amount.
A chemical engineer, for instance, gets an annual salary of 80,921 dollars. The primary responsibility of a chemical engineer is to create designs, test, and use equipment and systems that deal with different chemicals. Chemical engineers usually work with food and drugs and are employed by government agencies, laboratories, pharmaceutical companies, and food manufacturers.
Sales engineers, on the other hand, earn a national average salary of 81,342 dollars a year.A sales engineer’s main function is to sell technology solutions to organizations. Such solutions include system upgrades, product troubleshooting, and equipment installation and management.
Sales engineers get paid with good money because part of their job is understanding how systems and equipment work; they collaborate with both the sales team and the system engineers to create products that meet their clients’ needs.
Higher than a chemical or sales engineer’s salary, a petroleum engineer earns around 83,490 dollars annually. Some of a petroleum engineer’s duties include formulating systems that can effectively extract oil and natural gas. As most know, the oil and gas industry is one of the biggest industries to work in; this is why petroleum engineers get high pay.
Additionally, the future looks bright for petroleum engineers. It is expected that job openings will grow by 8 percent or around 2,100 openings within the next 10 years.
Medical graduates have seen an increase in demand worldwide due to the pandemic. However, it needs years and a huge amount of money to become a doctor. This is why most people who want to enter the healthcare industry choose to take the more accessible path: nursing.
After gaining a bachelor’s degree in nursing, one can earn around $48,690 on entry-level. People who graduate with a healthcare administration course, on the other hand, can earn up to $55,200 on average. Nursing careers are expected to grow to about 15% within the next eight years, great news for those who plan or graduated with the degree.
In this modern world, the demand for knowledgeable individuals with IT expertise is increasing. Online and IT skills have been a crucial part of the hiring process, and even the most basic of jobs such as social media management needs some technical knowledge.
Of course, computer programmers who are experts in the field reap a large amount of money in their field. On average, they earn around $82,240 in the US; this is based on the US Bureau of Labor Statistics report last 2017. For starting salary, a computer science alumnus gains at least $66,005.
Web developers, network architects, and software developers get high salaries, too. A software developer, for instance, gets up to $103,560 average annual salary.
All these courses are just a few examples of how getting higher education pays off. Besides, more than money, getting higher education helps develop an individual’s soft skills and personality, all of which are crucial in facing the real world.