What degree will earn you the most money?

Explore the lucrative degree programs listed below to discover your best educational path to a rewarding, fulfilling career. Business Administration Degree. ... Data Analytics Degree. ... Learning Experience Design and Educational Technology Degree. ... Accounting Degree. ... Nursing Degree. ... Business Management Degree. More items... •

wgu.edu - Top 20 Highest Paying Degrees in 2023 - Western Governors University

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Average Salary: $65,000

Business administration graduates can expect to be involved in overseeing the business operations, finance, management, and processes of an organization. This is a highly flexible degree that can allow graduates to work in a variety of different business roles, industries, and environments. A business administration degree prepares individuals to take on the complex challenges associated with business and leverage the knowledge and skills learned to implement best practices and solutions. A business administration background offers opportunities to work in a range of settings including finance, sales, human resources, or operations departments across industries including healthcare, government, nonprofit, and other exciting sectors. Career paths with a business administration degree vary, and according to the BLS, average salary for those with this degree may expect to earn at least $65,000.

2. Data Analytics Degree

Average Salary: $65,812

A data analytics degree is an ideal option for individuals looking to enhance their skill set for careers in fields such as data science and analytics, data mining, machine learning, data management, and database applications. Data analysts gather and survey data using specialized tools to gather information used to help others make decisions. Data analysts can expect to assume a range of responsibilities including identifying data sources, collecting data, gathering missing data, and organizing data to a usable format. As the BLS projects 36% growth from 2021 to 2031, with data analysts earning an average salary of $65,812 per year.

3. Learning Experience Design and Educational Technology Degree

Average Salary: $69,318

A learning experience design and educational technology degree gives individuals opportunities to capitalize on a range of skills and strengths. These may include learner empathy, design thinking, gaming design, cognitive psychology, experiential learning, user experience or UX, graphic design, and instructional design in order to create a valuable and holistic learning experience. Learning designers are instrumental in designing curriculum and are critical to the implementation of vital resources used to guide students through the learning process. As a learning designer, you can expect to make a significant impact in creating accessible curriculum based on research and theory. According to the BLS, a learning designer can expect to earn an average salary of $69,318 per year.

4. Accounting Degree

Average Salary: $70,000

Accounting is a well-established and important field that impacts nearly every business and individual. Organizations always need help with their finances and taxes, and as financial regulations and laws continue to change, the demand for accounting professionals will only grow. Accountants work to run audits on organizations, help with taxes, and maintain the finances of a company. A degree in accounting can lead to any number of finance positions. The average salary for accountants is $70,000 per year, but this can vary greatly based on where you work and the type of role you end up in.

5. Nursing Degree

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Average Salary: $71,000

Nursing is an indispensable profession that can be challenging but rewarding. In addition to working in hospitals and clinical settings, a degree in nursing can also help you jump-start into more specialized healthcare career fields like nursing informatics or nursing education. While not the highest paying college major, nursing salaries are rising and offer room for growth. When comparing colleges, be sure you learn about accreditations, clinical experience, and job placement following graduation, so you know exactly what kinds of things you'll learn in the program. The BLS shows that nurses earn an average salary of around $71,000 per year. Due to a shortage of nurses, demand is high for professionals in this field, and a degree in nursing can be the gateway to many job offers and opportunities.

6. Business Management Degree

Average Salary: $79,828

For professionals looking to become better managers and more confident leaders, a business management degree offers a great foundation to excel in these areas. As a business manager, you’ll help oversee a company's activities in pursuit of achieving their financial goals. Helping employees maintain productivity levels is an important role assumed by a business manager, as well as overseeing the day-to-day activities of employees, new hires, trainees, and evaluating prospective employees to fill roles within the company. Providing a pivotal role in the structure and organization of a company, a business manager reports to top-level executives or to company owners in many instances. Within this consistent, desirable career, business managers can expect an average salary of $79,828 per year, according to the BLS.

7. Curriculum and Instruction Degree

Average Salary: $82,779

Individuals with a strong interest in learning and helping students reach their potential can explore a curriculum and instruction degree . A person with this degree plays a critical role in shaping the futures of students and teachers alike. This degree is designed for certified teachers seeking to increase their pedagogical content knowledge. A curriculum and instruction degree offers individuals an exciting career path that is both in-demand and rewarding. Curriculum, or the material taught in schools, and instruction, or the delivery and learning of knowledge or an acquired skill, are the foundation of education and help improve outcomes for students. Directors of curriculum and instruction earn an annual salary of $82,779, according to the BLS.

8. Nursing Leadership and Management Degree

Average Salary: $83,180

A nursing leadership and management degree leads to a dynamic and rewarding career role designed to help organizations succeed and bring out the best in colleagues while executing processes and procedures effectively. As a nurse leader acting as a nurse mentor, you’ll be able to help others reach their goals while making a positive impact within healthcare. Both nurse managers and nurse leaders provide top-quality care in an efficient and meaningful way. The distinction between the two, however, is that nurse leaders assume a more hands-on approach to patient care, while nurse managers provide behind-the-scenes support on daily operations. Those pursuing a nursing leadership and management degree may expect to earn an average salary of $83,180 per year, according to the BLS.

9. Nursing Informatics Degree

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Average Salary: $92,195

A nursing informatics degree offers the opportunity to maximize the value of data in the decision-making process. Nursing informatics promotes the health of people, families, and communities, and is an exciting and challenging career to explore. Using the science and practice of integrating nursing with its information and knowledge, along with information and communication technologies, nursing informatics is a dynamic and evolving career path. Nurse informatic specialists apply their expertise and knowledge to become health tech innovators who establish businesses, manage medical economics, create technology, and amplify the voice of end-user clinicians. The BLS reports an average salary of $92,195 per year for informatics RNs and a positive outlook for career growth. Roles in nursing informatics include nurse informaticist, nursing informatics specialist, nursing informatics clinician, clinical nurse informatics specialist, chief nursing informatics officer, and perioperative informatics nurse.

10. Cybersecurity Degree

Average Salary: $98,000

As technology and business continue to intertwine, more organizations will require sophisticated and effective security measures to keep their data and information safe. Cybersecurity experts work to protect networks, systems, and data for technology companies and businesses alike. Every industry, from the government to healthcare, needs cybersecurity to keep data secure. Cybersecurity positions are often given to candidates with experience in other areas of IT, so it's important to be prepared to work your way up in this exciting technology field, which is expected to expand by 35% from 2021 to 2031. The average salary of cybersecurity experts is more than $98,000 per year, according to the BLS.

wgu.edu - Top 20 Highest Paying Degrees in 2023 - Western Governors University

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