20 Degree Programs with the Highest Starting Salary
Key Takeaways
- College education costs have significantly increased, and many doubt its economic returns.
- The highest-paying college majors are those in the Science, Technology, Engineering, and Mathematics (STEM) degree areas, specifically engineering.
- The job market is dynamic, and demand for certain skills can change over time.
These days, prospective student loan debt burdens are carefully considered alongside the long-term financial advantages of earning a degree by students and their families. According to Forbes Magazine, there has been a 180% increase in tuition costs over the past 40 years. The conventional wisdom that a college degree guarantees a high-paying job is under threat due to the evolving nature of the labor market and the rise of other avenues for success.
As a result, more and more students choose to follow paths with higher starting salaries than pursuing their personal interests.
This list of the 20 highest-paying college majors is for students who want to secure high-paying jobs for better ROIs on their college degrees.
College Education: A Good Investment In Career Development
Gone are the days when people believed college education was the only key to financial success. Vocational and technical education have recently seen a rise in popularity as respectable substitutes for expensive four-year degrees, especially in today’s economy.
But this is not to say that a college degree is useless. It is still very valuable, especially if you pursue a corporate job.
While pursuing higher education is expensive and demanding, the economic returns can be worth it. Recent data from the Bureau of Labor Statistics shows that degree holders earn more than those with only a high school diploma and have lower chances for unemployment. The more advanced degree you have, the better pay you can expect.
But not every career pays as well as another. Because of this, it’s critical to consider the pay and employment opportunities for your chosen degree before enrolling. This determines how much you can afford to borrow for various purposes, such as paying for school.
Disclaimer: Geographic location can impact salary levels and job opportunities.
Back to Top20 Degree Programs with the Highest Starting Salary
- 1
Advanced/Graduate Dentistry and Oral Sciences
Average Starting Salary: $190,631
Four year salary: $194,484
As the population ages and more people seek advanced dental treatment, there will likely be an increase in demand for specialty dental services. In fact, graduates of this major have the highest median annual salary in the dental field. The city with the highest-paid professionals is Boston, Massachusetts.
Advanced/Graduate Dentistry and Oral Sciences encompass advanced education concentrating on subspecialties such as prosthodontics, orthodontics, periodontics, and oral surgery. To become specialists in particular facets of oral health, dentists frequently undergo more training and study beyond the requirements of a dental degree.
Responsibilities:
- Carrying out sophisticated dental operations and procedures.
- Identifying and managing complicated oral health problems.
- Concentrating in fields like periodontics, orthodontics, or oral surgery.
- Working together with other medical specialists to provide complete patient care.
Degree programs/majors:
- Master’s in orthodontics, oral surgery, periodontics, endodontics, prosthodontics, and pediatric dentistry
- 2
Dental Residency Programs
Average Starting Salary: $165,747
Four Year Salary: $194,492
Dental residency programs are postgraduate training programs designed to give dentists more clinical experience and instruction, allowing them to expand their career options. Participants who complete this rigorous program become more competitive in applying for positions in dentistry offices or hospitals where they are exposed to a variety of patients and can hone their skills under the supervision of seasoned mentors.
A dental residency can improve one’s professional prospects by opening doors to positions in academia, private practice, or specialty dentistry clinics and improve their chances of obtaining a higher early career median wage.
Responsibilities:
- Carrying out dental operations under supervision.
- Attending to a wide range of patient’s needs in terms of oral health.
- Working together with other medical professionals in a hospital environment.
- Conducting research and keeping abreast of developments in dentistry.
- 3
Medical Clinical Sciences/Graduate Medical Studies
Average Starting Salary: $131,126
Four Year Salary: $182,743
Graduate medical studies and medical clinical sciences require higher knowledge than that required for a regular medical degree. These degrees are intended for people who already hold a medical degree (MD or MBBS) and have finished their foundational medical education.
Students in these schools frequently become specialists in radiology, internal medicine, surgery, or pathology. The goal is to become a specialist in a particular area of medicine through additional study, clinical work, and research. Though this may require additional years to complete a doctorate, the median early career wage for graduates will be all worthwhile.
Responsibilities:
- Identifying and managing complicated medical issues.
- Carrying out studies to expand our understanding of medicine.
- Concentrating in fields like neurology, cardiology, or surgery.
- Working together with medical teams to deliver complete patient care.
Degree programs:
- Doctor of Medical Science (DMSc)
- 4
Dentistry
Average Starting Salary: $108,672
Four Year Salary: $142,099
Dentists are still in high demand with high average salaries, and there are openings in group practices, private practices, and public health settings. Oral illnesses and disorders are diagnosed, prevented, and treated in dentistry.
Dental professionals perform cleanings, extractions, restoration procedures, and oral health care. They could have a focus on oral surgery, periodontics, or orthodontics.
Aspiring dentists typically complete a bachelor’s degree focusing on the sciences and pursue a doctor of dental surgery (DDS) or doctor of dental medicine (DMD) degree. While specific requirements may vary, common prerequisites include biology, chemistry, and physics.
Responsibilities:
- Doing regular cleanings and inspections of the teeth.
- Identifying and managing problems with oral health.
- Carrying out dental operations such as extractions, crowns, and fillings.
- Teaching patients about preventive dentistry care
Degree programs:
- Doctor of Dental Medicine (DMD)
- Doctor of Dental Surgery (DDS)
- 5
Computational Science
Average Starting Salary: $105,732
Four Year Salary: No data
Computational Science is an interdisciplinary field that uses mathematical modeling and computer simulations to solve complex problems in various scientific and engineering disciplines. It entails using computer simulations and mathematical models to examine and resolve issues in science and engineering. Workers in this industry may be employed in various capacities, including drug discovery, climate modeling, and data analysis.
There will likely be a greater need for computational scientists in industries like technology, healthcare, and finance as decision-making becomes more and more data-driven.
Responsibilities:
- Creating and putting into use computational models.
- Examining big datasets to derive important insights.
- Working together with academics and scientists to solve challenging issues.
- Assisting in the development of disciplines like machine learning and artificial intelligence.
Degree programs:
- Bachelor’s in Computational Science (BA/BS)
- Master’s in Computational Science and Engineering
- 6
Systems Engineering
Average Starting Salary: $97,621
Four Year Salary: $120,164
Complex system design, development, and management are all part of systems engineering majors. Experts in this domain strive to integrate diverse parts and procedures to guarantee the effective operation of systems, including those in the information technology, automotive, and aerospace industries.
The need for systems engineers is predicted to increase as technology develops, particularly in sectors of the economy that depend on well-integrated and effective systems. Graduates of this field can expect to have a high median mid-career wage.
Responsibilities:
- Creating and refining systems to maximize efficiency.
- Working together in interdisciplinary teams.
- Overseeing the systems development life cycle.
- Overcoming difficult engineering problems.
- 7
Military Applied Sciences
Average Starting Salary: $93,715
Four Year Salary: No data
There are many other career options, such as positions in government agencies tasked with national security, defense contractors, and military groups. However, graduates of this college major generally have many options.
Military technology, tactics, and strategies are studied and applied in military applied sciences. Graduates could work in defense analysis, strategic studies, or military planning.
Responsibilities:
- Examining military tactics and activities.
- Carrying out defensive technology research.
- Assisting in the formulation of national security policy.
- Putting military plans and tactics into practice.
Degree programs:
- Military Science and Leadership
- Military Technology
- Counterterrorism and Homeland Security
- Cybersecurity and Information Warfare
- International Relations and Diplomacy
- 8
Pharmacy, Pharmaceutical Sciences, and Administration
Average Starting Salary: $93,576
Four Year Salary: $123,839
Professionals in pharmacy and pharmaceutical sciences are still in demand due to the growing focus on healthcare and pharmaceutical developments.
The study of drugs, their side effects, and the commercial and administrative facets of the pharmaceutical industry are all included in this discipline. Graduates can pursue careers in pharmaceutical management, research, or as pharmacists.
Responsibilities:
- Delivering patient education and medicine distribution.
- Carrying out medication development research.
- Overseeing pharmaceutical enterprises and operations.
- Ensuring pharmaceutical industry adherence to regulations.
Degree programs:
- Bachelor’s and Master’s Degrees in Pharmaceutical Sciences
- PhD in Pharmaceutical Sciences:
- PharmD (Doctor of Pharmacy)
- Master of Science (MS) or Master of Business Administration (MBA) in Pharmaceutical Administration
- 9
Optometry
Average Starting Salary: $92,907
Four Year Salary: $111,040
Optometry is the study of the eyes and vision. Primary vision care is provided by optometrists, who also give vision therapy, prescribe glasses or contact lenses, and diagnose and treat various eye disorders.
As the population ages and eye health awareness increases, there is a growing need for optometrists in both private practice and healthcare settings. This high-paying job requires further education, such as graduate degrees and specialized training programs.
Responsibilities:
- Doing vision tests and eye exams.
- Identifying and managing problems of the eyes.
- Prescribing glasses for vision correction and other devices.
- Teaching patients about preventive care and eye health.
Degree programs:
- Doctor of Optometry (OD)
- 10
Security Policy and Strategy
Average Starting Salary: $89,870
Four Year Salary: $100,341
Studying and creating plans and policies to deal with security issues is known as security policy and strategy. Graduates may find employment in corporate security, cybersecurity, or national security positions.
With the increasing importance of cybersecurity and the need for comprehensive security measures, there is a growing demand for security policy and strategy professionals. These professionals have one of the highest mid-career earnings without a graduate degree.
Responsibilities:
- Creating guidelines and protocols for security.
- Carrying out threat and risk assessments.
- Putting plans in place to protect assets.
- Collaborating on security-related issues with public or private entities.
Degree programs:
- Bachelor’s in Security Studies (BA/BS)
- Bachelor’s in Homeland Security (BA/BS)
- Master’s in Security Studies (MA/MS)
- Master of Public Administration (MPA) with a Concentration in Security Policy
- Doctor of Philosophy (Ph.D.) in Security Studies
- 11
Mathematics and Computer Science
Average Starting Salary: $88,828
Four Year Salary: No data
Mathematics and Computer Science majors are interdisciplinary programs combining mathematical principles with studying algorithms, software development, computational theory, and computer programming. These degrees prepare students for careers that involve solving complex problems, developing software applications, and contributing to technological advancements. Graduates can expect to land a high-paying job immediately upon graduation.
Responsibilities:
- Creating mathematical models and algorithms.
- Evaluating and analyzing data.
- Development of software and programming.
- Assisting in the development of artificial intelligence.
Degree programs:
- Bachelor’s in Mathematics and Computer Science (BA/BS)
- Master’s in Mathematics and Computer Science (MA/MS)
- Master of Computer Science (MCS) with a Mathematics Focus
- PhD in Mathematics and Computer Science
- 12
Operations Research
Average Starting Salary: $87,916
Four Year Salary: $126,578
Operations Research involves applying analytical and quantitative techniques to decision-making processes. Experts in this domain examine intricate networks to enhance workflows, boost productivity, and make knowledgeable choices across multiple sectors.
Demand for operations research analysts is rising across industries like banking, healthcare, and logistics as businesses want to enhance their decision-making and operations.
Responsibilities:
- Solving business issues through the use of statistical analysis and mathematical models.
- Maximizing resource allocation and supply chain logistics.
- Cost-benefit analysis carried out for decision-making within the firm.
- Delivering insights derived from data to improve operational effectiveness.
Degree programs:
- Bachelor of Science (BS) in Operations Research
- Master of Science (MS) in Operations Research
- Master of Business Administration (MBA) with a Concentration in Operations Research
- PhD in Operations Research
- 13
Veterinary Medicine
Average Starting Salary: $87,280
Four Year Salary: $105,207
Animal disease diagnosis, treatment, and prevention are all part of veterinary medicine. Veterinarians can specialize in fields like surgery, internal medicine, or public health and work with a range of animals, including pets, livestock, and wildlife.
Upon completion of bachelor’s degrees in physics, chemistry, biology, animal biology or zoology, students will spend another six to eight years completing their graduate degrees.
Responsibilities:
- Doing surgery and medical checks on animals.
- Identifying and managing ailments and wounds in animals.
- Advising on preventive care, diet, and cleanliness for animals.
- Promoting public health by preventing and controlling disease.
Degree program:
- Doctor of Veterinary Medicine (DVM)
- Veterinary Medical Doctor (VMD)
- 14
Petroleum Engineering
Average Starting Salary: $84,654
Four Year Salary: $94,576
Oil and gas production, extraction, and exploration are a petroleum engineer’s main areas of interest. These professionals design and implement technologies to recover hydrocarbons efficiently from oil and gas reservoirs. Considering that these professionals are not often required to have a master’s degree, the field’s mid-career median wage is higher than others.
Responsibilities:
- Establishing and managing the procedures for drilling and extraction.
- Assessing reservoirs to optimize the recovery of oil and gas.
- Creating and putting into use technology for producing oil and gas.
- Ensuring adherence to safety and environmental laws.
Degree programs:
- Bachelor of Science (BS) in Petroleum Engineering
- Master of Science (MS) in Petroleum Engineering
- Doctor of Philosophy (PhD) in Petroleum Engineering
- 15
Naval Architecture and Marine Engineering
Average Starting Salary: $82,315
Four Year Salary: $100,209
Naval Architecture and Marine Engineering involve designing and constructing ships and marine structures. Naval architects and marine engineers are in high demand to build and enhance boats and offshore constructions due to the maritime industry’s emphasis on efficiency, safety, and environmental sustainability.
Responsibilities:
- Naval architects design the form and structure of a ship.
- Naval architects oversee testing, installation, and repair of marine vessels.
- Marine Engineers are responsible for the internal workings of ships, including the electrical systems, propulsion, and steering.
Degree programs:
- Bachelor of Science (BS) in Naval Architecture and Marine Engineering
- Master of Science (MS) in Naval Architecture and Marine Engineering
- 16
Nuclear Engineering Technologies/Technicians
Average Starting Salary: $81,059
Four Year Salary: $116,531
Nuclear Engineering Technology/Technicians support nuclear facility operators and other professionals. They may help physicists, engineers, and other professionals in nuclear research.
Responsibilities:
- Supporting nuclear system maintenance and operation.
- Carrying out nuclear technology tests and experiments.
- Keeping an eye on radiation levels and adhering to safety regulations.
- Collaborating on research and development with nuclear engineers.
Degree programs:
- Associate of Science (AS) in Nuclear Engineering Technology
- Bachelor of Science (BS) in Nuclear Engineering Technology
- 17
Paper Science and Engineering
Average Starting Salary: $80,391
Four Year Salary: No data
While specific salary data may be unavailable, professionals in paper science and engineering play a critical role in the paper and packaging industry, contributing to sustainable and efficient paper production. The manufacture and quality of paper and related materials are studied in paper science and engineering. Experts in this sector contribute to the production of paper goods by working in the pulp and paper sector.
Responsibilities:
- Overseeing and streamlining the paper production process.
- Creating novel technology and paper goods.
- Ensuring efficiency and quality control in the production of paper.
- Considering environmental sustainability when producing paper.
Degree programs:
- Bachelor of Science (BS) in Paper Science and Engineering
- Master of Science (MS) in Paper Science and Engineering:
- Doctor of Philosophy (Ph.D.) in Paper Science and Engineering
- 18
Telecommunications Management
Average Starting Salary: $80,325
Four Year Salary: No data
The planning, execution, and optimization of telecommunication networks are the main objectives of telecommunications management. Graduates may find employment in technology consulting, network management, or telecommunications infrastructure positions.
Responsibilities:
- Controlling and supervising networks for telecommunications.
- Putting in place and managing communication networks.
- Assessing and implementing innovative telecom technology.
- Guaranteeing the effectiveness and safety of communication networks.
Degree programs:
- Bachelor of Science (BS) in Telecommunications Management
- Master of Science (MS) in Telecommunications Management
- Master of Business Administration (MBA) with a Concentration in Telecommunications Management
- 19
Military Science and Operational Studies
Average Starting Salary: $79,082
Four Year Salary: No data
Military Science and Operational Studies involve studying military strategies, tactics, and leadership. Graduates may pursue careers in the military or work in civilian roles that require strategic thinking and organizational leadership.
Responsibilities:
- Examining military tactics and activities.
- Acquiring decision-making and leadership abilities.
- Supporting the formulation and application of strategic plans.
- Utilizing military concepts in a variety of organizational settings.
Degree programs:
- Bachelor of Science (BS) in Military Science and Operational Studies
- Master of Science (MS) in Military Science and Operational Studies
- 20
Electrical, Electronics, and Communications Engineering
Average Starting Salary: $78,882
Four Year Salary:$94,486
Electrical, Electronics, and Communications Engineering involves studying and applying electrical systems, electronics, and communication technologies. Graduates may work in various industries, including telecommunications, electronics, and power systems.
One of the best features of these majors is that bachelor’s degree holders can expect a great career outlook with high median wages and are not often required to pursue further education other than specialized training and certificate programs.
Responsibilities:
- Creating electronic and electrical system designs.
- Putting technologies and communication networks into practice.
- Carrying out studies to progress in electrical engineering.
- Guaranteeing the effectiveness and safety of electrical systems.
Degree programs:
- Bachelor of Science (BS) in Electrical Engineering, Electronics Engineering, and Communications Engineering
- Master of Science (MS) in Electrical Engineering, Electronics Engineering, and Communications Engineering
- Doctor of Philosophy (Ph.D.) in Electrical Engineering
Lowest-Paying College Majors
Now that you have learned the highest-paying degree programs, you might be curious to know the lowest-paying ones. However, this list is not to say that these majors are low-paying everywhere.
It’s important to consider various factors that can influence future salary potential, such as location and experience. Keep in mind that pursuing a degree in a field you are passionate about or find fulfilling is equally important as potential earnings.
Cosmetology and Related Personal Grooming Services
- Average Starting Salary: $16,564
- Four Year Salary:$19,947
Leatherworking and Upholstery
- Average Starting Salary: $17,552
- Four-Year Salary: No data
Somatic Bodywork and Related Therapeutic Services
- Average Starting Salary: $19,424
- Four Year Salary:$22,109
Teaching Assistants/Aides
- Average Starting Salary: $19,623
- Four Year Salary:$27,468
Health Aides/Attendants/Orderlies
- Average Starting Salary: $20,026
- Four Year Salary:$26,568
Communications Technology/Technician
- Average Starting Salary: $20,175
- Four Year Salary:$31,098′
Personal and Culinary Services, Other
- Average Starting Salary: $20,915
- Four Year Salary:$21,216
Drama/Theatre Arts and Stagecraft
- Average Starting Salary: $21,230
- Four Year Salary:$30,543
Dance
- Average Starting Salary: $21,802
- Four Year Salary:$30,669′
Crafts/Craft Design, Folk Art and Artisanry
- Average Starting Salary: $22,232
- Four Year Salary:$35,114
Agricultural and Domestic Animal Services
- Average Starting Salary: $22,750
- Four Year Salary:$29,916
Audiovisual Communications Technologies/Technicians
- Average Starting Salary: $22,833
- Four Year Salary: $32,296
Precision Production, Other
- Average Starting Salary: $22,880
Business Operations Support and Assistant Services
- Average Starting Salary: $23,744
Students’ Submitted Questions on Degree Programs with the Highest Starting Salary
Ella asks, “What fun college majors pay well?”
Dr. Jed Macosko’s answer: Fun is subjective, and several factors may affect the highest starting salaries. However, there are college majors that some students find engaging and enjoyable while also offering promising career prospects, such as mathematics and computer science and engineering (e.g., industrial engineering, civil engineering, computer engineering, and chemical engineering majors). Both fields offer a promising future, with high job stability and excellent job growth.
Others who want to develop broad skills they can use in almost every industry will find business and finance majors fun and exciting.
Derek asks, “What is the quickest degree to get?”
Dr. James Barham’s answer: The quickest degree to obtain can vary depending on several factors, including the type of degree, the specific field of study, the level of the degree, and the individual’s circumstances. However, the most popular accelerated degree programs are business management/business administration, computer science, finance, criminal justice, and the arts. These majors offer accelerated pathways in both undergraduate and graduate-level degrees.
Jerrod asks, “What is the easiest and best paying degree?”
Dr. Jed Macosko’s answer: Choosing the easiest and best-paying degree depends on an individual’s interests, skills, and career goals. But here’s a general overview:
- Computer science, engineering, business, and finance are popular fields with lucrative career paths.
- Software development, cybersecurity, and data science are popular, offering high-paying opportunities but require dedication and continuous learning.
- Engineering, such as petroleum, chemical, computer, and aerospace engineering, are highly competitive but require strong mathematical, problem-solving, and technical skills.
- Business and finance-related degrees, such as finance, economics, or accounting majors, offer opportunities in investment banking, corporate finance, or financial consulting.
- Healthcare, with its high salaries and challenging but rewarding medical professions, requires substantial time and commitment.
The “easiest” degree is subjective and depends on the strengths, interests, and aptitudes of college students. It’s crucial to assess one’s skills and passions when choosing a degree, considering both the program’s difficulty and potential long-term satisfaction and success in their chosen field.
Shannon asks, “Who are the highest paid college graduates? What are their majors/specializations?
Dr. James Barham’s answer: The industries from which the highest-paid college graduates typically hail are those that demand high responsibility, specialized training, and long working hours. Collective research shows that the majority of highest-paid college graduates are those with a Doctor of Medicine (MD) with a Neurosurgery specialization and Chemical Engineering degrees. Industrial engineers, mechanical engineers, electrical engineers, and nuclear engineers are also highly paid engineering majors.
Megan asks, “Is having a college education required to have a good career?”
Dr. Jed Macosko’s answer: Entrepreneurs like Mark Zuckerberg and Bill Gates lack college investment but are two of the richest people in the world, and they’ll often make you wonder if a college degree is required to have a good career. The answer is yes and no.
Yes, if your specific field of interest requires specialized training, such as medicine, law, engineering, or other professions where a graduate degree and certification are essential.
No, if you are pursuing a career path that values skills, experience, and entrepreneurship more than a traditional degree. Practical skills, creative thinking, and real-world experience are being valued more highly in disciplines such as technology, creative arts, business, and entrepreneurship. Numerous accomplished people have carved out their own routes by using mentorship, self-study, and practical experience.
Andrew asks, “What is the role of a college’s career services department in supporting students to secure high-paying job opportunities?”
Dr. James Barham’s answer: The main goal of colleges and universities is to help college students secure their futures by landing successful careers. One of the most important benefits at a college or university is the institution’s career services.
These services often determine the school’s effectiveness in preparing students for the professional world. By using career services, students can plan their loan borrowing based on their future income, investigate career options both during and after college, decide whether or not they need advanced degrees, and develop their employability.
If you are interested in exploring even more degree programs, check out our look at the best future-proof degrees.
