Education
List of 10 Profitable Courses to Study in the World
Selecting courses to study in tertiary institutions is not only done just because we love the course, but also because of financial freedom.
Selecting courses to study in tertiary institutions is not only done just because we love the course, in as much as that is essential, many students often choose a course only if it would pay make them financially free once they graduate.
Making more money is always near the top of any list of motivations individuals provide for attending college.
Additionally, it can be reasonable to expect to receive something in return after spending the time and money to attend university.
According to a Georgetown University research, persons with a bachelor’s degree in the US made an average lifetime income of $2,268,000, while those with only a high school diploma made an average lifetime income of $1,304,000.
Postgraduate degrees further raise the premium, but as Dr. Anthony P. Carnevale, one of the report’s authors, points out, “It all depends on what you take.
Why is a Degree Important?
A degree shows potential employers that you are able to remain focused and work your way through years of subject matter to become knowledgeable in it.
Additionally, it demonstrates to potential employers that you possess a wide range of transferable abilities for the workplace, including time management, problem-solving, critical analysis, communication, and more.
Having a degree can help you land a better job and provide you access to more career options.
Top 10 Lucrative Courses To Study in School
Without further ado, here is a list of the ten most profitable degree fields;
1. Computer Science
As technology gradually replaces some aspects of life, computer scientists are in high demand. Computer science is a course that deals with technology.
Virtually every business is impacted by computer science, making it a broad and thriving subject of study.
Management information systems degrees are among the most sought-after computer science degrees due to the big data boom’s ongoing expansion.
The majority of businesses in the industry demand at least a bachelor’s degree, but because it is so vast and there are so many start-ups, some will take an associate’s degree with relevant work experience.
The idea that the world is a global village is now widely accepted. The theoretical underpinnings of information and computing are covered in a computer science degree, according to Top Universities, which also takes a scientific and practical approach to computation and its applications.
New technologies are created every day to improve and enhance both code and devices, computer science is a tremendously rewarding and employable course. Due to the fact that, technology is continually needed in several areas of life, including commerce, agriculture, and medicine, computer scientists are always in demand. By 2026, BLS predicts that employment in computer science will increase by 35%.
2. Accounting
Topview finance concept, business woman doing finance with calculate about cost and problem.
Finance, accounting, management, and economics, or FAME courses are mostly about money and can even help you make it.
Graduates in accounting have a variety of high-paying options at their disposal. For instance, an internal auditor in Hong Kong’s financial services sector may expect to make between US$39,000 and US$77,000 per year, while a finance director in the corporate sector could make between US$103,000 and US$180,500.
3. Engineering
Nearly all engineering specialties are profitable and marketable. The engineering industry permeates every aspect of society.
Particularly lucrative industries like electrical and electronics engineering, mechanical engineering, petroleum engineering, civil engineering, marine engineering, agricultural engineering, and so forth.
Consider petroleum engineering, which focuses on the best available national resources. The most intriguing aspect is that in the majority of technical areas, one may always work for themselves and independently.
In addition to being self-employed, they have access to work options and are qualified in virtually every sector.
Read about the highest paid Engineering Jobs in the World
4. Pharmacy
Junior pharmacist writing on clipboard at the hospital pharmacy
This is a very rewarding profession. The field focuses on the creation, distribution, and prescription of medicines, cosmetics, and other medicines with a medical purpose.
The necessity of the health sector and the profitable and marketable character of the pharmacy profession both contribute to this.
There are numerous job openings for pharmacists. Every area of the state is in desperate need of their services.
They receive good pay. Those working in the pharmaceutical industry and other occupations within the sector are not prohibited from owning a pharmacy business.
The profession gives its experts various sources of power, and society holds them in high regard. Although studying pharmacy is not simple, there are always job prospects for those that put their focus on the end goal.
One of the professions with the highest financial rewards is pharmacy. In 2016, more than 90% of pharmacists claimed to make above $100,000 annually.
45.4% of individuals who disclosed their annual wage made between $120,000 and $140,000. A profession in pharmacy offers a relatively high level of job security because pharmacists are continually in demand, even throughout periods of economic downturn, war, political reform, and natural calamities.
Additionally, pharmacists have the option of working for themselves by running their own pharmacies, which could be an additional source of income.
5. Agriculture
Another profitable and marketable field of study is agriculture. Typically, the program lasts four to five years.
Agriculture is a very lucrative industry, but there are some foreseen difficulties that may arise during the initial phase, such as the lack of land and other resources.
Despite this, agricultural products must be marketable in order to be sold. Although it may require a substantial investment, its indispensability and high demand encourage its lucrative and marketable character.
6. Law
The potential to pursue a career as a professional lawyer, with the prestige of providing legal advice and defending people, businesses, and governmental entities in legal disputes, makes law another profitable and worthwhile field of study.
Although having a law degree doesn’t guarantee success or a big income right away, it does guarantee employment security, fulfillment, and a good wage package for 99.9% of graduates.
A lawyer’s average annual salary is $127,990, and the BLS predicts that between 2021 and 2031, employment of lawyers will grow by 6%, or roughly as fast as the average for all occupations.
Read about the Cheapest Universities to study in the World
7. Psychology
According to our findings, a degree in psychology offers room for prospects for both personal development and fulfillment. It opens doors to a variety of employment in clinical, sports, and health psychology as well as in industrial and forensic psychology.
Organizations including hospitals, schools, rehabilitation centers, sports facilities, and social service agencies all need the services of psychologists.
If you are driven to change people’s lives by using therapeutic techniques in counseling and assisting individuals in overcoming differences, personal troubles, and despair, then this degree is just what you need.
More than 264 million individuals suffer from depression, which can undoubtedly result in suicide, according to a 2018 World Health Organization (WHO) assessment on the condition. A psychologist can expect to make between $54,000 and $121,000 annually.
8. Medicine and Surgery
Due to their essential role in saving lives, doctors are among the best paid on-demand professionals.
Compared to other courses, studying medicine and surgery can be challenging and time-consuming, but the payoff is great once you graduate because, as the phrase goes, “it is not how far but how well.”
In addition to this, there are several medical specialties to pick from, including oncologists, neurologists, pediatricians, gynecologists, etc. Instead of looking for a job, doctors are hired.
They are the most sought-after professionals in the world as a result. They rank among the highest-paid professions following graduation as a result.
According to CNBC, the average pay of a family and general practitioner is $208,560, that of an obstetrician and gynecologist is $235,240, and that of an oral surgeon is $294,560. The average pay for an oral and maxillofacial surgeon is $242,740, that of a surgeon is $251,890, and that of an anesthesiologist is $265,990.
9. Nursing
The nurses are a specialized group of people with the sophisticated and sufficient amount of trained skills to take care of us whenever we become ill.
You have the privilege of changing lives when you work as a nurse. It is quite challenging to see due to the expanding global population and the importance of maintaining excellent health, it is very challenging to encounter a registered nurse who is unemployed.
As a result of this, nurses are forced to work in numerous locations or cities and benefit from high salaries in addition to mouth watering bonuses.
A registered nurse makes an average of $77,600 per year, whereas nurse anesthetists, midwives, and nurse practitioners make an average of over $123,786 per year.
10. Mathematics & Statistics
To assist, organize and make use of all the data floating around, the world needs people who are knowledgeable in mathematics and complex technologies.
Computers are used by statisticians and mathematicians to modify data. Furthermore, they may also help or collaborate with organizations or governments.
A degree in statistics or mathematics can be very rewarding. The desire to study something engaging, fascinating, and difficult is one of several factors that influence people’s decision to study mathematics and statistics.
You might also want to work on improving your logic and problem-solving abilities. It can provide you with the opportunity to understand real world problems and help to make the world a better place through mathematical and statistical modelling and reasoning.
Conclusion
While it is crucial that you select a degree in which you actually have an interest and can see yourself working in a related field, it might also be helpful to know which degrees are the most in demand so that after you graduate, your chances of finding employment will inevitably increase. This is why we have highlighted above the benefits of the courses, and if it is profitable or not.
Just for further emphasis, I would be listing them below again;
- Computer Science
- Accounting
- Engineering
- Pharmacy
- Agriculture
- Law
- Psychology
- Medicine and Surgery
- Nursing
- Mathematics and Statistics
Read More:
Top Universities to Study in the World
Countries with the Best Educational System
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