It’s no secret that higher education in the United States comes at a premium these days with the cost of tuition inflating. It’s never been more important to choose a lucrative career. Those who choose wisely are rewarded with the generous salary while others are doomed to pay off student loans for decades from doctors to accountants.
We are counting the top highest paying college degrees. What is the average salary that a finance major can expect? At first glance, it doesn’t appear that the degree in finance is the ticket to a career with stellar pay. The average recipient of a BSc in finance takes in $60,000 a year. But, a few years in the industry makes a big difference; a financial planner’s median annual compensation is eighty-eight thousand eight hundred ninety dollars.
According to the US Bureau of Labor Statistics, what’s more employment within the field is expected to increase fifteen percent between 2016 and 2026 far outpacing most fields and after working in the field for more than a decade finance experts can expect to make well over $100,0000. The careers which a finance degree might prepare you for would include professions such as bond brokering, corporate finance, financial analysis, financial planning, underwriting, investment banking, venture capitalism and portfolio management.
Engineers are responsible for applying the principles of Science and Mathematics to create items used in daily life. Civil engineers design things such as buildings, homes, roads, tunnels, dance, airports, bridges and water and sewer systems. When designing these structures and systems, civil engineers must consider factors such as cost of materials, expected lifespan of the finished product and government regulations for safety because we all rely on the infrastructure provided by civil engineers. Their pay is remarkably high as of May 2016. The average salary of a civil engineer was eighty three thousand five hundred forty dollars annually.
According to the US Bureau of Labor Statistics, the lowest paid ten percent of civil engineers receive less than fifty three thousand four hundred seventy dollars while the highest paid ten percent earned more than 130 two thousand eight hundred eighty dollars per year. Given these figures, you have a 50% chance of earning between sixty-five thousand three hundred thirty dollars in one hundred seventy thousand one hundred forty dollars per year. Those are pretty good odds of making significantly more than $50,000 per year.
A mechanical engineer has a similar workload to a civil engineer with some slight differences. Mechanical engineers design machines, tools, engines and thermal systems for consumers and industry. Many also build the things they design and test them for durability or effectiveness. The most common tasks for a mechanical engineer generally require using a computer and special software. The median gross annual salary for mechanical engineers in 2018 is sixty five thousand nine hundred dollars.
1 1/2 of all mechanical engineers are in less than the median, and half earn more salaries range from sixty one thousand two hundred fifty to seventy one thousand four hundred dollars. The top 10% of mechanical engineers earned 76 thousand four hundred sixty two dollars, the bottom ten percent only earned fifty-seven thousand fifteen dollars. However, given five or more years of experience, engineers start making one hundred five thousand dollars a year.
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