College Majors That Make You Rich in The Future
Some college majors that are likely to lead to high-paying careers in the future include:
- Engineering (e.g. computer engineering, electrical engineering, mechanical engineering)
- Computer Science
- Business (e.g. finance, economics, business administration)
- Health Sciences (e.g. nursing, pharmacy, physical therapy)
- Data Science/Analytics
- Cybersecurity
- Environmental/Renewable Energy
- Urban Planning
- Architecture
It’s worth noting that while these majors may lead to high-paying careers, they also tend to be highly competitive and demanding. Additionally, earning a high salary is not the only measure of success, and people should consider their own interests and passions when choosing a major.
Which degrees make the most millionaires?
According to a study by the investment website, Self-Made Millionaires, the college degrees that have the highest percentage of millionaire alumni are:
- Petroleum Engineering: 34.5% of graduates are millionaires
- Pharmacy/Pharmacology: 32.4%
- Electrical Engineering: 31.5%
- Applied Mathematics: 30.9%
- Management Information Systems: 29.9%
- Chemical Engineering: 29.7%
- Economics: 29.4%
- Computer Science: 28.9%
- Architecture: 28.3%
- Business Administration: 27.8%
It’s worth noting that this study looked at a small sample size, and the data was collected from self-reported millionaire alumni. Additionally, having a college degree does not guarantee that one will become a millionaire, as there are many other factors such as hard work, networking, and luck that play a role in achieving financial success.
What College Degree Will Make You Rich?
There is no single college degree that will guarantee someone will become rich. However, certain majors tend to lead to higher paying jobs and careers that can increase the likelihood of achieving financial success. Some college majors that are likely to lead to high-paying careers include:
- Engineering (e.g. computer engineering, electrical engineering, mechanical engineering)
- Computer Science
- Business (e.g. finance, economics, business administration)
- Health Sciences (e.g. nursing, pharmacy, physical therapy)
- Data Science/Analytics
- Cybersecurity
- Environmental/Renewable Energy
- Urban Planning
- Architecture
It’s worth noting that these majors tend to be highly competitive and demanding, and having a high-paying job or a specific degree does not guarantee wealth. Building wealth also depends on factors such as savings, investment, and career advancement, as well as personal factors such as hard work, networking, and determination.
30 Most Popular Degree Majors Studied by Millionaires
I am not aware of a recent study that shows the 30 most popular degree majors studied by millionaires. However, it is likely that the most popular degree majors among millionaires would be those that are associated with high-paying careers such as:
- Engineering (e.g. computer engineering, electrical engineering, mechanical engineering)
- Computer Science
- Business (e.g. finance, economics, business administration)
- Health Sciences (e.g. nursing, pharmacy, physical therapy)
- Data Science/Analytics
- Cybersecurity
- Environmental/Renewable Energy
- Urban Planning
- Architecture
- Law
- Mathematics
- Physical Sciences
- Economics
- Accounting
- Marketing
- Industrial Production Technologies
It’s important to note that the correlation between specific college majors and millionaire status is complex, and other factors such as experience, personal qualities and professional networks may play a more important role in achieving financial success.
Degrees that will make you a billionaire?
There is no single college degree that will guarantee someone will become a billionaire. However, certain majors tend to lead to higher paying jobs and careers that can increase the likelihood of achieving financial success. Some college majors that are likely to lead to high-paying careers include:
- Engineering (e.g. computer engineering, electrical engineering, mechanical engineering)
- Computer Science
- Business (e.g. finance, economics, business administration)
- Health Sciences (e.g. nursing, pharmacy, physical therapy)
- Data Science/Analytics
- Cybersecurity
- Environmental/Renewable Energy
- Urban Planning
- Architecture
It’s worth noting that these majors tend to be highly competitive and demanding, and having a high-paying job or a specific degree does not guarantee becoming a billionaire. Building wealth also depends on factors such as savings, investment, and career advancement, as well as personal factors such as hard work, networking, and determination. Some billionaires are self-made entrepreneurs that started their own company, or had a specific skill set that made them successful in their field.
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