Highest Paying Bachelors Degrees 2020

Pssst. We’ve compiled a list of the highest paying Bachelors degrees of 2020, and we want to let you in on the jobs that are the most lucrative.

We know it’s not all about money, but if these topics interest you at all, you should definitely consider them. Not only do these tend to be the highest paying, but also have the highest demand.

In order to get your foot in the door at most companies these days, you need a Bachelors degree.

Especially in the cases of high paying jobs, the U.S. Bureau of Labor Statistics says workers with a Bachelors degree typically earn 80% more than those with just a high school diploma.

However, not all Bachelors degrees are equally lucrative; typically students in STEM subjects (Science, Technology, Engineering and Math) earn more and have more job opportunities than graduates of other programs.

So we decided to compile a list of some of the highest paying Bachelors degrees to help students earn back the money they invest in their education.

As you read through these options, keep in mind that new job opportunities have become available due to the Coronavirus.

Finance Majors

It may seem obvious, but it’s no surprise that studying money will earn you more money.

Managing money can be complex, and those who understand it are in high demand.

Financial knowledge and education translates into substantial pay and bountiful employment opportunities. A Bachelors degree in finance can be a great way to ensure a secure future.

Nuclear Engineering

Majoring in STEM subjects is a near surefire way to lockdown employment upon graduation, and nuclear engineer is no exception.

The median income for nuclear engineers is over $100, 000.00 and that number can double for those holding Masters and PhDs.

The demand for nuclear engineering has continuously increased over the last decade, and includes a diverse range of work from power plants and spacecraft to work in the medical field.

Actuarial Science

Actuary scientists are in high demand in the finance, insurance and accounting fields.

Their skills in evaluating risk through analytics mean these professionals make six-figure salaries for their ability to help companies minimize losses.

Many actuaries use their experience to become financial managers; a career move that also increases salary and benefits.

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Nursing

Students who pursue Bachelors degrees in nursing are almost always guaranteed work for life. Not only do these jobs report as meaningful and highly fulfilling, but registered nurses average just under $70,000.00 each year, while nurse practitioners make around $103,000.00.

Every year there are more than a million job postings for nurses across the U.S. and with an aging population, that need is expected to increase over the next decade.

Petroleum Engineering

Another field known for paying exceptionally well is the competitive world of petroleum engineering.

Petroleum engineers design and develop methods to extract oil and gas through the interface of geoscience and physics.

The median pay for petroleum engineers is $132,000.00 per year. The need for petroleum engineers has grown for the past ten years, and is expected to continue for the next ten.

Photo by Kelly Sikkema on Unsplash

Computer Science

It’s easy to see why a degree in computer science can lead to a lucrative career.

Companies need tech savvy team members more than ever to keep up with the increasing demands of efficiency and complex systems.

From app developers to systems analysts, this field covers a broad spectrum of needs.

Computer science majors are sought after in every industry, which means there’s never a shortage of employment and most graduates can find work right away.

As you can see, Bachelors degrees in STEM subjects are lucrative and highly sought after by employers.

There are also many other college majors that we could have included on this list, such as:

  • Chemical Engineering
  • Actuarial Mathematics
  • Biomedical Engineering
  • And others that offer competitive pay and excellent job opportunities

At the end of the day, a college education in the U.S. can be very expensive, so before investing your money and time, it may be worth it to consider the job availability and pay rates of your preferred field.

highest paying bachelors degrees 2019 2020
highest paying bachelors degrees 2019 2020

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