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Career, Salary News

Top College Majors for Big Money

May 31, 2011

Still deciding on a college major (or advising someone on one)? Don’t rule out engineering. A new study by Georgetown University finds that earnings by engineers are on average 300 percent higher than other majors.

“The bottom line is that getting a degree matters, but what you take matters more,” said Anthony Carnevale, director of Georgetown’s Center on Education and the Workforce, which conducted the study using U.S. Census data.

The top five Bachelor Degree majors include:

1. Petroleum Engineering/$120,000

2. Pharmacy and Pharmaceutical Science majors/$105,000

3. Math and Computer Sciences/$98,000

4. Aerospace Engineering/$87,000

5. Chemical Engineering/$86,000

Rounding out the top 10 were other engineering specialities: electrical, marine, mechanical, metallurgical, mining and mineral.

The lowest media earnings for a major? Psychology at $29,000.