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Are you still in school? Are you looking for a job that pays big bucks? CNN Money has a list of the most lucrative college degrees.
Majors that have seen some of the biggest increases in average starting salaries are:
- Hospitality services management
- Business administration
- Accounting
- Economics
- Information sciences
- Civil engineering
- Chemical engineering
Check out the entire list.
With a little planning, you can earn a degree that will help you find a job that pays well. But be careful. Don’t get caught up in an extravagant lifestyle. Keep your cost-of-living low. And don’t sell your soul to feed your belly. Do something you love, make smart financial choices, and your high-paying career can help you retire early.
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July 17th, 2006 at 12:05 pm
Is Information Science the same as Library and Information Science? The name of that field keeps changing. I’m certainly not making a lot of money but that’s my own fault. I wonder if the figures would be similar in Canada.
July 17th, 2006 at 2:11 pm
See also: Is a degree worth a million bucks?
July 17th, 2006 at 10:22 pm
One thing that’s not mentioned is “vocational training.” I know a few people who have done very well for themselves in professions like construction by working their way up the ranks. I feel some percentage of folks would actually do very well for themselves by training in a lucrative field that wasn’t degree-orientated. It’s not the right choice for everyone, but neither is college.
July 18th, 2006 at 3:16 pm
Information Science is part of Information and Library Science– the more technical part.
Never go into library science for the money.
July 19th, 2006 at 9:10 am
Oh I didn’t go into it for the money. I thought I would enjoy it and I would get a good job. Librarians in Canada tend to make good money anyway, if you can find a job.
May 13th, 2007 at 6:49 pm
I don’t understand the reason behind using starting salary increase as the main criteria rather than the actual starting salaries. What do you care if a profession increased by more during one or two years if you are still making less money than someone in a field the starting salary decreased in the same year? Could the increase be higher specifically because the salary is low and nobody wants the job? If McDonald decides to increase starting salaries of its workers by 10%, would it suddenly make the job of flipping burgers lucrative? Even if McDonald has 10% increases 5 years in a row, it will still be a while before you could call the job at McDonald lucrative.
I must be missing something because it doesn’t make sense to me. Also, initial starting salary of doctors, for example, may not have increased by as much, but I’d imagine one would still make more money as a doctor than as a civil engineer? It’s curious that doctors and lawyers didn’t even make their list. I must be missing something because this just doesn’t make sense to me.
I found this list of actual starting salaries, by the way:
http://www.jobweb.com/Resources/Library/Salary_and_Benefits/Starting_Salary_51_01.htm