Degrees With High Average Earning Potential

735

You don't necessarily have to attend an Ivy League school to boost your average earning potential.

By Jennifer Berry   

Lately it seems like everyone is talking about schools that lead to big paychecks.

PayScale, for example, in their 2010-2011 College Salary Report on the "Best Ivy League Schools By Salary Potential", put Princeton, Dartmouth, and Harvard at the top in terms of average earning potential after graduation.

But does that mean that people who don't go to these schools are doomed to careers with low earning potential?

Hardly. In fact, based on the findings of another PayScale report, "Best Undergrad College Degrees by Salary," your college major could also impact your average earning potential.

[Click to Find the Right Degree Program for You]

The report ranked degrees by average starting and mid-career earning potential for full-time employees in the United States who earned a bachelor's degree (but no higher).

Keep reading to learn about five degrees with high average earning potential...

#1 - Marketing Degree
Average Starting Earning Potential: $38,600*
Average Mid-Career Earning Potential: $77,300*

In today's media-saturated world, businesses rely on people who understand marketing to help them stand out. So it makes sense that the average earning potential for marketing degree graduates could be high. A closer look at the numbers from PayScale's report shows that the average earning potential more than doubled for marketing grads once they hit the mid-career mark.

Potential career paths: Marketing Specialist, Market and Survey Researcher, Marketing Manager

[Earn a Marketing Degree - Find the Right School For You!]

#2 - Nursing Degree
Average Starting Earning Potential: $52,700*
Average Mid-Career Earning Potential: $68,200*

It should come as no surprise that nursing degree grads have the potential to make top dollar. In addition to providing vital services, registered nurses are in demand. According to the U.S. Department of Labor, employment of registered nurses should grow by 22 percent from 2008 to 2018.

Potential career paths: Intensive Care Unit Nurse, Registered Nurse, Emergency/Trauma Nurse

[Click to Find Nursing Programs Near You]

#3 - Accounting Degree
Average Starting Earning Potential: $44,600*

Average Mid-Career Earning Potential: $77,500*

When it comes to average earning potential, it's no surprise that accounting degree grads do well. According to the Department of Labor, most accounting positions require a bachelor's degree in accounting or a related subject.

Potential career paths: Accountant, Certified Public Accountant, Corporate Financial Analyst

[Click to Find Accounting Degree Programs Now]

#4 - Information Systems Degree
Average Starting Earning Potential: $49,300*
Average Mid-Career Earning Potential: $87,100*

Why do information systems grads have great average earning potential? Perhaps because they are in demand. According to the Department of Labor, employment of information systems managers is estimated to grow by 17 percent from 2008 to 2018.

Potential career paths: Systems Administrator, Computer Support Specialist, Computer and Information Systems Manager

[Click to Find Information Systems Programs Now]

#5 - Economics Degree
Average Starting Earning Potential: $48,800*
Average Mid-Career Average Earning Potential: $97,800*

With an average mid-career earning potential that reaches close to six figures, economics degree grads have the potential to fare pretty well post-college. According to the Department of Labor, people with a good understanding of economics could be prepared to pursue employment in a variety of fields including business, finance, and insurance.

Potential career paths: Budget Analyst, Economist, Actuary

[Study Economics - Find Business Schools Now]

*All starting and mid-career earning potential numbers are from PayScale's "The Best Undergrad College Degrees By Salary".

Written on

Find the Best
Universities

Recent Articles

5 things you didn’t know about online students

The typical online student may be different than you think.

5 Factors That Students Consider Before Choosing an Online Degree

Students have many considerations to weigh when it’s time to select an online program.

Online degrees that could prepare you to pursue growing careers

The following degree programs could help you prepare to pursue careers that are expected to create thousands of new jobs from 2012 to 2022.

Select an Area of Study to Find a University For You!

Business

Creative Arts & Design

Criminal Justice & Security

Culinary

Education

Engineering

Psychology & Social Services

Health Care

Nursing

Trade & Vocational

IT & Computer Science

General Studies

Medical