What Degrees Are In Demand – The big picture: Choosing a career path is arguably the biggest decision a young person will face up to this point in their life, and most don’t get it right out of the gate. Among those who choose college, four out of five change majors at least once, according to the National Center for Education Statistics. Even students who stick with it and cross the finish line may regret their choices.
According to a recent ZipRecruiter survey of more than 1,500 college graduates looking for jobs, nearly half — 44 percent — said they regretted their college major choices.
What Degrees Are In Demand
Journalism was my most regretted major in college. In second place are sociology and liberal arts/general studies, followed by communication and education degrees. Political science, biology and English language/literature also made the top 10 list.
Well Paying, In Demand Jobs You Can Get With An Associate Degree
Not everyone hated their primary choices. Among those surveyed, the happiest graduates were those with degrees in computer and information science, criminology, engineering and nursing. Most of those with degrees in business administration/management, finance, psychology and human resources said they would choose the same major if they had it to do over.
Not surprisingly, there is a correlation between feelings about degrees and current job prospects, as well as salary. For example, computer science graduates are in high demand in many industries with an average annual salary of $100,000.
ZipRecruiter found that among communications graduates, those who are satisfied with their field earn 1.6 times more than those who choose a different degree. Similarly, graduates who are satisfied with their marketing management/research degrees earn three times more than those who regret it.
Of course, college isn’t for everyone. Many people enter the workforce directly after high school, and many are very successful. Going this route eliminates the possibility of being saddled with student loan debt and provides a head start for peers who are still studying. Landing a high-paying job for those with a bachelor’s degree often depends on finding out which sectors of the economy are most in need of educated workers. . Identifying the right roles for which employers are calling to hire them allows those with a bachelor’s degree to land a gig that offers a solid salary and helps build their savings account. Below, we analyze data from the Bureau of Labor Statistics (BLS) to find the most in-demand jobs for bachelor’s degree holders.
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We looked at four factors to rank the most in-demand jobs for bachelor’s degree holders. We examined job growth from 2016 to 2017, average income growth from 2016 to 2017, projected employment change from 2016 to 2026, and projected percentage change in employment growth from 2016 to 2026. See our information and methodology below to see where we get our data from. and how we combine it to create our final rankings.
Perhaps you don’t need data to confirm how important information security analysts are to the future economy. Massive data breaches regularly generate headlines and headaches across the country. But according to data, information security analyst is the most in-demand occupation for bachelor’s degree holders. From 2016 to 2017 alone, the number of people working in this profession increased by 8.7%, ranking sixth in the study. Average earnings for professional information security analysts increased by 4% over the same period. From 2016 to 2026, the BLS projects that the number of information security analysts will increase by 28.4%.
Just looking at the raw numbers, software developer might be the best for a long-term career. The BLS expects there to be 253,000 more application developers in 2026 than in 2016. This represents an increase of more than 30%. Only from 2016 to 2017, their number increased by 7%. One thing that keeps software developers in second place is unimpressive revenue growth numbers. From 2016 to 2017, the average salary for a software developer increased by only 2.3%.
Managing the finances of an organization is a high-paying profession with a bright future. The average person in this job earned more than $143,000 a year in 2017. This is an increase of about 5% compared to 2016. The main reason an educated person would want to zero in on this career is its long-term prospects. The BLS expects financial manager jobs to grow by 108,400, or just under 19%, from 2016 to 2026.
What Are The Various Degrees Of Price Elasticity Of Demand
If you’re an undergraduate with a passion for fundraising, you’re in luck. This business has a long and prosperous future. From 2016 to 2026, the BLS expects the number of people working as fundraisers to grow by about 15%. In addition to the explosive business growth, the income of fundraisers is also increasing. BLS data shows that from 2016 to 2017, the average fundraiser saw their revenue grow by just under 6%.
One fact about the American economy that is unlikely to change anytime soon or in the next decade is the huge cost of health care. As the population ages, the overall demand for healthcare will also increase. This is good news for health professionals across the country. That’s why last year we saw that personal care assistants were the most in-demand jobs for people of all education levels. Medical and health care management is a lucrative career for those who earn a bachelor’s degree in health care. The average person in this profession earns just under $112,000 a year, up 4.5% from the previous year. Long-term prospects also look good. The BLS projects just under 20% growth for this occupation.
The following occupation is tied for sixth place: market research analysts and marketing specialists. This profession showed strong growth from 2016 to 2017. During that period, the total number of employees in this profession increased by about 7%. Unfortunately, revenues did not rise as much, increasing by just 1.2%. The BLS estimates that the next decade should be a good year for this occupation. From 2016 to 2026, this profession is in the top 5 in terms of total job growth and percentage job growth.
For those aspiring to a career in sports, the best bet may be to switch from being an athlete to coaching or scouting. From 2016 to 2017 alone, the average salary in this profession increased by 3.8%. From 2016 to 2026, the BLS estimates that the number of coaches and scouts will increase by just under 13%.
Which Jobs Are In Demand If You Have A Bachelor’s Degree?
Another STEM occupation is in eighth place. It is a high-paying profession where professionals earn around $150,000 a year. Over the next ten years, the BLS projects a job growth of 43,800, or 11.9%. In each of these indicators, this profession is in the top 20.
STEM degrees in general, and computer science in particular, are good choices if you’re in college and want to secure your future job prospects. Total computer occupations grew by 21% from 2016 to 2017, with income growth of 2.5%. This profession ranks first and 38th in those two indicators, respectively.
Helping to train and develop tomorrow’s workforce is an in-demand job. This profession doesn’t stand out in any metric, but it consistently scores well in each of the four factors we track. Overall, this profession ranks 50th in terms of income growth and breaks the top 30 in three other indicators.
Healthcare and STEM are two of the best options for well-paying employment in the future. Becoming an RN is a great career for those who want to care for people. The average registered nurse earned just under $74,000 a year in 2017, down 1.9% from 2016. The BLS expects an additional 437,000 registered nurses to join the workforce between 2016 and 2026, the largest increase in the study.
What Degrees Might Hiring Managers Be Looking For?
To find the most in-demand jobs for bachelor’s degree holders, take a look at data for the 104 occupations that the BLS typically classifies as requiring a bachelor’s degree for entry. We analyzed occupations in the following four metrics:
First, we ranked each occupation on each metric. Then we found the average rating of each occupation. Using this average rating, we created our final score. The profession with the best average rating received 100 points. The profession with the worst average score received 0 points.
Derek Miller, CEPF® Derek Miller is a graduate of the University of Edinburgh, where he studied economics. He is passionate about using data to help people make better financial decisions. Derek is a Certified Educator in Personal Finance® (CEPF®) and a member of the Business Editing and Writing Development Society. He is a data journalist with a knack for finding stories in numbers. Derek’s writing has been featured on Yahoo, AOL, and the Huffington Post. He believes the biggest financial mistake people make is waiting too late to save for retirement and missing out on the wonders of compounding interest. Derek lives in Brooklyn. We always hear that the way forward is engineering or
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