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The higher your level of education the higher your future earnings. Not necessarily. A Master’s degree in one field can land a college graduate significantly more than a Master’s degree in another field. Choosing a major that not only interests you, but also has a high demand will win you higher future earnings. Which fields of study have the highest earnings potential for 2016?
10. Economics
Economics majors can find work in law, education, research and non-profit fields. Banking and finance careers offer the highest paying positions for your economics degree. Entry level salaries start at over $47,000 a year.
Choosing to work in the non-profit sector will, of course, pay much less than working in a bank or other financial institute. The broad range of career choices for you after graduation makes a degree in economics a strong and stable major to pursue.
9. Physics
With engineering careers taking the top spots as most desired college degree to earn, it only makes sense for physics majors to also find many career opportunities in these same areas after graduation.
Your degree in physics goes hand in hand with a career in:
- Biology
- Communications
- Electronics
- Job growth for physicists and astronomers will grow 10 percent through the year 2022. This rate follows the average of all other occupations.
However, a 19 percent growth in the biochemistry and biophysical related fields offer the higher entry level salary of $57,200.
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