Contents

    The 58 highest-paying majors

    Olga Knezevic Rosa Carnevali-Doan
    Olga Knezevic,

    Olga Knezevic

    Olga is an in-house editor and writer at Degreechoices.com. She has previous experience as a higher education instructional designer and a university librarian. Olga is passionate about well-crafted sentences, Wikipedia rabbit holes, and the Oxford comma.

    Rosa Carnevali-Doan

    Rosa Carnevali-Doan

    Rosa Carnevali-Doan is a writer and editor for Degreechoices.com from Washington, D.C. She holds a degree in sociology from Kenyon College. Prior to joining Degreechoices, Rosa worked in education and market research before transitioning to content writing in startups, where she’s covered higher education, technology, and economics. Beyond writing, Rosa feels at home when she’s painting, learning languages, exploring unfamiliar places, and reading about how our minds work.

    Author
    Jeremy Coppock
    Jeremy Coppock

    Jeremy Coppock

    Jeremy is an education researcher, journalist, and editor for Degreechoices. He majored in Slavic languages and has a master’s degree in Eastern European studies.

    He has previous experience as a fraud analyst, in-house translator, teacher, and truck driver.

    Reviewer
    Updated Jul. 26, 2024
    The 58 highest-paying majors
    Contents

      Search Online Highest Paying Majors

      www.degreechoices.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

      The average starting salary across the 58 highest-paying majors is $81,007.

      Operations Research tops the list with a salary of $109,267.

      54% of the highest-paying majors are engineering disciplines.

      Registered Nursing is the most common well-paid major, with the most programs offered nationwide.

      Choosing a college major? It’s a huge decision that can shape your future. In fact, your major might even have a bigger impact on your financial future than the specific college you attend.

      Across the board, the average starting salary 4 years after graduation for all majors is $58,965. However, the 58 highest-paying majors we’ve compiled here exceed that average by 37%. That’s a substantial difference, especially when you’re first launching your career.

      About half of these high-earning majors fall under the umbrella of engineering. And while many of these majors are widely available across colleges, some are a bit more rare, offering a glimpse into unique niches with high earning potential.

      We understand that a college degree isn’t only about money. However, given the burden of student debt and the financial pressures many graduates face, earning potential is an important factor to consider.

      Let’s delve into the 58 college majors that offer the highest starting salaries in the country.

      Majors that pay $90K+

      These majors present remarkable early-career opportunities for students. The highest-paid major overall is Operations Research, a specialized field focused on using statistical analysis and mathematical modeling to improve complex decision making. Or perhaps the sea is calling you? Consider Naval Architecture, Marine Engineering, or Marine Transportation. Recent tech layoffs may have you worried, but Computer Engineering continues to offer impressive earnings, and Computer Science is one of the highest-paid non-engineering majors.

      Major Median starting salary Number of programs
      1. Operations Research $109,267 4
      2. Naval Architecture and Marine Engineering $107,037 5
      3. Marine Transportation $103,626 5
      4. Computer Science $100,386 281
      5. Pharmaceutical Sciences $90,027 15
      6. Petroleum Engineering $97,850 17
      7. Computer Engineering $90,829 164
      8. Electrical Engineering $90,728 231
      9. Manufacturing Engineering $90,211 12

      Popular online programs

      www.degreechoices.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

      Majors that pay $80K+

      Majors in the $80K+ category are also focused in STEM fields. Engineering continues to dominate, including traditional fields like Chemical Engineering and Mechanical Engineering, as well as narrower niches like Electromechanical Engineering and Metallurgical Engineering.

      Major Median starting salary Number of programs
      10. Mining and Mineral Engineering $87,167 8
      11. Chemical Engineering $86,056 149
      12. Mathematics and Statistics, Other $86,529 5
      13. Industrial Engineering $86,315 76
      14. Aerospace Engineering $85,948 56
      15. Construction Engineering $84,907 10
      16. Electromechanical Engineering $84,177 1
      17. Construction Engineering Technologies $83,595 29
      18. Systems Engineering $83,550 12
      19. Mechanical Engineering $82,261 277
      20. Computer and Information Sciences, General $82,668 272
      21. Engineering, Other $81,872 13
      22. Construction Management $81,845 44
      23. Systems Science and Theory $81,427 3
      24. Mathematics and Computer Science $81,161 7
      25. Metallurgical Engineering $81,098 3
      26. Biomedical/Medical Engineering $80,946 105
      27. Architectural Engineering $80,533 11
      28. Engineering, General $80,437 32

      Majors that pay $70K+

      Don’t balk at these majors – earning $70K and up shortly after graduation is incredibly impressive. You can’t get away from engineering – but we do see more variety here, including Systems Science – the interdisciplinary study of complex systems of all kinds – as well as Registered Nursing, Insurance, Finance, and Fire Protection. Economics may be the closest you can get to a non-STEM major, though it was recently reclassified as STEM at some colleges owing to the fact that it’s becoming increasingly math-heavy.

      Major Median starting salary Number of programs
      29. Building/Construction Finishing, Management, and Inspection $79,871 3
      30. Ocean Engineering $79,776 4
      31. Registered Nursing $79,511 646
      32. Engineering Mechanics $79,283 3
      33. Biochemical Engineering $77,678 2
      34. Engineering Science $77,649 7
      35. Materials Engineering $77,514 33
      36. Civil Engineering $76,880 207
      37. Materials Science $76,239 2
      38. Mechatronics, Robotics, and Automation Engineering $76,053 3
      39. Electrical Engineering Technologies/Technicians $75,558 22
      40. Statistics $74,691 41
      41. Engineering Fields $74,600 25
      42. Computer Systems Analysis $74,372 64
      43. Applied Mathematics $73,993 38
      44. Quality Control and Safety Technicians $73,793 14
      45. Engineering Technologies/Technicians, Other $73,501 6
      46. Insurance $73,197 17
      47. Fire Protection $72,799 11
      48. Information Systems Management $72,630 14
      49. Manufacturing Engineering $73,001 17
      50. Economics $72,568 336
      51. Finance $72,454 354
      52. Agricultural Engineering $72,155 22
      53. Electromechanical Instrumentation and Maintenance Technologies $71,737 4
      54. Computer Engineering Technologies $71,448 9
      55. Heavy/Industrial Equipment Maintenance Technologies $70,652 1
      56. Computer Programming $70,503 11
      57. Management Sciences and Quantitative Methods $70,479 76
      58. Mechanical Engineering Related Technologies/Technicians $70,413 46

      Data sources:

      All the numbers in this article are based on 2 Department of Education sources – College Scorecard and IPEDS (Integrated Postsecondary Education Data System). The data was most recently updated in April 2023 and is based on weighted average salaries 4 years after students graduated.

      The highest-paying degrees aren’t always the most popular

      You may be surprised to learn that the highest-paying majors aren’t necessarily the most popular. Based on conferral numbers (how many people earned the degree), these are the top 10 most popular majors:

      Major Conferrals Median starting salary Number of programs
      1. Business Administration 111,900 $57,086 805
      2. Registered Nursing 108,842 $79,511 646
      3. Psychology, General 84,204 $43,258 616
      4. Biology 67,282 $47,587 601
      5. Finance 38,184 $72,454 354
      6. Communication and Media Studies 37,288 $48,525 422
      7. Health & Fitness 34,328 $45,944 374
      8. Accounting 33,614 $62,616 522
      9. Criminal Justice 33,479 $46,608 352
      10. Marketing 33,266 $58,618 377

      As you can see, Nursing and Finance are the only top-10 majors in terms of popularity that also made our highest-paying majors list.

      Three of these most popular majors – Biology, Criminal Justice, and Psychology – recently made our list of most useless degrees (a cheeky claim, but find out why).

      Limitations on the data

      While we encourage students to consider potential earnings when choosing a major, it’s important to keep these things in mind:

      • These are short-term earnings. We can’t know how your career path will develop. You may not have a great salary a few years after college if you majored in English, but if you end up as a communications manager at a leading company 10 years later – your earnings can compete with those of an engineering major any day.
      • These starting salaries don’t account for what people actually do after college. At this time, we can’t track if people got into the same field they majored in. However, these numbers do provide a good estimate of short-term earnings with different majors.

      The role of grad school

      You’ll notice that engineering fields are overrepresented in this list. This is partly because you can become a bonafide engineer with just a bachelor’s degree. Few majors except nursing offer a similar level of expertise and seniority straight out of college.

      Most other fields require years of experience or a high earning graduate degree to get there. If you plan on going to grad school, these salary numbers should be less influential in your choice of major.

      Other considerations

      Here are a few other important things to consider when exploring the highest-paying majors.

      What you bring to the table

      Being interested in and good at your chosen field will play a huge role in how well you do academically and professionally. Engineering is an extremely lucrative and popular major, but dropout rates are high. The prospect of high earnings may be compromised if you don’t graduate or secure a job in the field.

      Will you be able to find work?

      You should also consider job demand – the Bureau of Labor Statistics website is a great source for that.

      Impacted majors

      Most of the top-earning majors are extremely competitive. Often, these fields are not open for application until your sophomore or junior year in college, and acceptance rates can be low, with the most sought-after programs admitting as few as 10% of applicants.

      Your financial aid

      If you got a full-ride scholarship – congratulations! You can breathe a sigh of relief and focus less on starting salaries.

      Your college

      If your major typically has a lower starting salary, it’s particularly important to choose a high-value school to help you comfortably manage the cost of your education.

      www.degreechoices.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

      Did you enjoy this post?