10 degrees that lead to financial success
Achieving your first million shortly after graduating is indeed possible, but it’s essential to understand that it requires substantial effort. Many successful millionaires benefited from being in the right place at the right time, and their journeys involved:
1. Learning the scale at which millionaires operate.
2. Having the patience to overcome numerous failures.
3. Practicing good financial habits.
4. Being passionate about testing out new ideas.
Studying the paths of successful individuals can provide valuable insights into how to achieve rapid wealth. Choosing the same university and degree as successful people can increase your chances of being in the right place at the right time.
However, it’s important to note that pursuing a degree solely for the purpose of getting rich quickly may not be the best approach. Financial success depends on various factors beyond one’s degree. Life’s challenges, such as relationships, family, and personal setbacks, can also play a significant role and are often unavoidable.
Also Read:Â 10 Courses That Will Guarantee You A Job Immediately After Graduating
Nonetheless, there are specific degrees that can lead to higher earning potential and expedite your journey toward financial success. In this article, we will rely on data from the US Bureau of Labor Statistics (BLS) to identify the degrees that offer a quicker path to financial prosperity.
1. Business Administration and Management:
– This field offers versatility, with the potential to switch roles across industries.
– Expected job growth of 715,100 from 2021 to 2031.
– Median annual wage in May 2021 was $76,570, higher than the overall median wage.
2. Law:
– Lawyers, especially those specializing in certain areas, can earn high hourly rates.
– Predicted job growth of 10% from 2021 to 2031, creating 833,100 new jobs.
– Median annual wage in May 2021 was $127,990.
3. Air Traffic Control:
– Requires a degree from a relevant program and strong critical thinking skills.
– Median annual salary in 2021 was $129,750.
– Approximately 2,400 new openings expected annually from 2021 to 2031.
4. Computer Science:
– High demand for computer scientists, especially in the tech industry.
– Predicted job growth of 15% from 2021 to 2031, generating 682,800 new jobs.
– Median annual wage in May 2021 was $97,430.
5. Finance:
– Finance careers offer opportunities for those skilled in financial management.
– Expected job growth of 7% from 2021 to 2031, creating 715,100 new jobs.
– Median pay in 2021 was $95,570.
6. Dentistry:
– Requires extensive education and training.
– Median annual wage in 2021 was $163,220.
– Predicted healthcare job growth of 13% from 2021 to 2031, leading to two million new jobs.
7. Supply Chain Management:
– Ideal for those who enjoy coordinating large projects.
– Predicted job growth of 28% from 2021 to 2021.
– Median annual wage for logisticians in May 2021 was $77,030.
8. Management Information Systems:
– Opportunities in this field include IT project management and software development.
– Expected job growth of 16% from 2021 to 2031.
– Median annual wage in May 2021 was $159,010.
9. Engineering (Civil Engineering):
– Civil engineers design and oversee infrastructure projects.
– Median annual pay around $88,050 in 2021.
– Predicted job growth of 7% from 2021 to 2031.
10. Cybersecurity:
– Strong demand for cybersecurity professionals.
– Predicted job growth of 35% from 2021 to 2031.
– Median annual wage for information security analysts in May 2021 was $102,600.
These fields offer diverse opportunities for career growth and the potential for high earnings, making them attractive options for those seeking financial success.
10 degrees that lead to financial success
