If you’re considering a degree in STEM, you’re on the right track for a high-paying career. According to recent data from the National Science Foundation, the median salary for workers in STEM fields is significantly higher than for non-STEM workers, with some areas offering particularly high earning potential. In this blog post, we will explore the top five highest-earning STEM majors for college students.
1. Computer Science
Computer science majors are in high demand for good reason. Not only do they consistently earn more than other majors but, they have a broad range of career options available. There are a ton of options because the field of computer science is constantly evolving. This means you never have to worry about becoming bored in your career.
Computer science majors can work in areas such as software engineering, web development, mobile application development, and cybersecurity. With the ever-increasing importance of technology in our daily lives, computer science is a great choice for college students looking to secure their financial future. Especially when you consider the average salary for computer science majors is typically over $120K a year.
2. Electrical Engineering
With the world becoming more reliant on technology, electrical engineers are in high demand and are well-compensated for their work. Similar to computer science, technology and the energy sources needed to power them are constantly changing. This means the world requires innovative engineers to design and maintain power systems throughout a variety of commercial and government projects. The average salary for electrical engineering majors is usually over $120K a year.
3. Chemical Engineering
Chemical engineering is the application of chemistry, physics, and mathematics to solve problems related to the production of chemicals, fuel, drugs, and other products. These engineers can work in industries such as food processing, pharmaceuticals, and biotechnology.
With the increasing demand for clean energy and sustainable products, the job outlook for chemical engineers is promising, especially when the average salary is nearly $130K a year.
4. Aerospace Engineering
Looking to push the boundaries of mechanical engineering and humankind’s ability to reach new heights? Then aerospace engineering may be the right choice for you. Simply put, aerospace engineering is the study of the design, development, and production of aircraft and spacecraft. With applications in missile defense, satellites, and aircraft design this is sure to be an engaging and exciting field to enter. The average salary for aerospace engineering majors is around $120K a year.
5. Petroleum Engineering
Petroleum engineering is the study of the exploration, extraction, and production of oil and gas. The average salary for petroleum engineers is over $114K a year.
Petroleum engineers can work in areas such as oil and gas exploration, drilling, and refining. With the world’s continued reliance on oil and gas, petroleum engineering is a field that offers excellent job security and earning potential.
The Wrap-Up
On average STEM careers earn more than non-STEM based careers and if current trends are any indication, these pay rates will continue to increase. Pursuing a degree in any of these fields can lead to a stable and lucrative career. While the salaries listed above are just averages, they demonstrate the potential for high-earning in these fields. If you’re looking for a leg up in your STEM studies then stop by Numerade to view all of our proven STEM based study materials.
