Which College Majors Have the Best ROI?

Whether or not you choose to go to college and earn a 4 or 5-year degree is up to you. There is no right or wrong answer here. There is, however, a smarter way to look at the college debt you will accrue and how to graduate college with a higher chance of getting hired into the field you studied.

U.S. News and World Report has put together a list of top college majors for finding full time work and the number one college major may be a surprise to everyone. Most anyone you ask will tell you that you can’t go wrong with a business degree. That may be true, but it wasn’t at the top of this list. The number one top bachelor’s degree by demand was an Accounting degree with a 54.4% chance of hire. Coming in as a close second is a Computer Science degree with 53.9% chance of hire and the third sought-after bachelor’s degree is Finance with a 50.6% chance of hire. Business came in at number four with 47.8% plan to hire.

Knowing which college majors are going to be the most sought after will help any high school or college student narrow down their field of study as the goal is to get a job and start a career based on their college major.  Double majoring with in-demand majors will also help you obtain a job within your field of study. Most likely if you graduate with one of these majors, you will get a job more quickly and a higher salary.

Entering college with a more calculated approach as opposed to “figuring it out along the way”, will also help you gauge your ROI. Figuring out what specific colleges cost over four years, the projected hire for a college major, and the probable salary will give you a more precise return on your investment and help keep students focused along the way.

Obviously, not every student will choose a major entering college or maybe not even their freshman year of college. However, the more knowledge you have surrounding college majors, their projected income, and the likeliness to obtain a job straight out of college, the easier it will be to choose a career that makes sense to you.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *