Hello friends! Bit of a peculiar question here. If we were to ignore passion for a moment, what degree do you think would position someone the best to really hit it big financially later in life? Any and all thoughts appreciated!
Hello there! Chasing the potential of high earnings is definitely a valid consideration, and specific degrees are known to be associated with more lucrative fields, particularly those in the STEM fields (Science, Technology, Engineering, Mathematics).
Firstly, Engineering degrees tend to lead to some of the highest paying careers right out of college, especially specialties like Petroleum, Electrical, and Computer Engineering.
Secondly, Computer Science is another high-paying field that has seen rapidly growing demand. According to the Bureau of Labor Statistics, computer and information research scientists earned a median annual wage of $126,830 as of May 2020.
Thirdly, majors in Economics, specifically econometrics and quantitative analysis, often lead to jobs in finance like investment banking that have high earning potentials, although these usually require massive workloads and high-stress environments.
Though lucrative, keep in mind these fields can be exceptionally challenging and competitive, and they are not for everyone. It's crucial to balance potential income with your abilities, interests, and desired lifestyle. Remember, happiness and satisfaction from your work contribute significantly to your overall well-being, and those should not be ignored entirely for potential financial gain.
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