10 Highest-Paying Bachelor’s Degrees
Key Takeaways
- Engineering dominates the list of top-earning bachelor’s degrees, with many mid-career engineers earning more than $120,000 a year.
- Chemical engineering, computer engineering, and aerospace engineering rank among the most lucrative bachelor’s degrees.
- Many professionals with bachelor’s degrees in finance, economics, and business analytics also take home annual salaries that can climb into the six figures.
We all know that getting a bachelor’s degree can be expensive. So, how do you ensure a good return on investment? By picking a degree that will lead to a high-paying job, of course.
Rest assured, any degree you choose is likely to pay off — the Bureau of Labor Statistics (BLS) reports that bachelor’s degree holders earned a median income of about $1,500 per week in 2023, compared to just $900 for those with only a high school diploma.
But while many majors can lead to a comfortable lifestyle down the road, some are more likely to land you the big bucks. Read our list of the top 10 highest-paying bachelor’s degrees to find out which majors can help you earn that coveted six-figure paycheck and send student debt packing.
Featured Online Bachelor’s Degree Programs
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
What Are the Highest-Paying Bachelor’s Degrees?
What’s the highest-paying college major? In a word, engineering. As you’ll see in the list below, you can hardly go wrong by picking any engineering field that floats your boat.
Unless otherwise noted, all information in the following list is sourced from the Federal Reserve Bank of New York’s February 2024 release of Labor Market Outcomes of College Graduates by Major, which relies on data from the U.S. Census Bureau and the American Community Survey.
1. Chemical Engineering
If you’re interested in chemistry, chemical engineering could be the career for you. Chemical engineers focus on the chemistry involved in manufacturing processes and products.
Chemical engineers are some of the highest-earning engineers on the market, with a median mid-career salary of $133,000 and a median early-career salary of $79,000.
In addition to strong wages, these engineering professionals should see strong job growth in the years ahead — the BLS projects a likely job growth of 10% between 2023 and 2033, which is faster than average.
2. Computer Engineering
Computer engineers are a close second to chemical engineers in terms of sheer earning potential, with a mid-career median salary of $125,000. This profession also sees the highest early-career salary of any on this list at $80,000.
Computer engineers help design, develop, and test computer systems and hardware. These professionals need both computer science and engineering expertise, making it the perfect field for those interested in both subjects.
3. Aerospace Engineering
Want to help build planes, rockets, or missiles? Aerospace engineers do just that, helping to design, develop, and test aircraft and spacecraft equipment.
They earn a hearty median salary of $120,000 by mid-career, with a median early-career salary of $74,000. They should also see job growth in the next few years, with a 6% projected growth rate from 2023-2033 according to the BLS.
4. Electrical Engineering
Electrical engineers design and test electrical equipment and systems. They may work on communications equipment, power generation, or navigation equipment.
Like other engineering fields, electrical engineering typically comes with a high salary right off the bat. Early-career professionals earn a median wage of $72,000 and mid-career electrical engineers bring in $112,000.
5. Mechanical Engineering
Mechanical engineering majors study mathematics, physical science, engineering, and design in order to learn how to develop and manipulate mechanical systems such as engines. Mechanical engineers earn a mid-career median salary of $111,000 and a median of $70,000 at the beginning of their career.
This engineering specialty is likely to be in high demand in the near future due to increasing automation in the machine industry. The BLS projects a 11% growth rate for this occupation, which is much higher than the average growth rate of 4% across all professions.
6. Computer Science
With the boom of the tech industry, computer science has become an increasingly popular and lucrative major. With recent advancements in artificial intelligence, this looks unlikely to change anytime soon. Computer science majors may pursue jobs as software or web developers, user experience designers, data scientists, and product managers.
Early-career computer science majors earn a median salary of $78,000, and mid-career professionals earn $110,000.
7. Finance
Finance majors study economics, math, statistics, and financial topics such as banking and trading. Finance majors often become investment bankers, financial advisors, financial analysts, financial planners, financial managers, business analysts, or accountants.
This is one of the highest-paid non-engineering majors, with a mid-career median salary of $104,000. Early-career finance majors earn a more modest median salary of $66,000.
8. Economics
Economics majors often work in the banking, investment, and insurance industries. They may also work on policy in government, corporate, and nonprofit environments. While finance majors focus more on money management and investment topics, economics majors delve into public policy and economic theory.
Majors in this field earn a median income of $65,000 early in their career and $100,000 by mid-career.
9. Civil Engineers
Civil engineers work on infrastructure projects such as bridges, roads, tunnels, and sewer systems. Civil engineering students will often study construction, transportation, hydrodynamics, structural engineering, and environmental engineering.
As early-career professionals civil engineers make a median of $65,000 but by mid-career that figure climbs to the six-figure range at $100,000.
10. Business Analytics
For students interested in business, finance, data, statistics, and mathematics, a business analytics major is a great choice. Business analysts conduct research and engage in data analysis to assess how a company is performing, diagnose issues, and propose business solutions.
Like economics and civil engineering majors, business analytics majors earn a median salary of $65,000 during their early career and $100,000 at mid-career.
Frequently Asked Questions About High-Paying College Majors
Yes, there are numerous fields where you can earn $100,000 or more with just a bachelor’s degree, though it may take some time to earn this amount. Even the most high-paying fields don’t usually pay starting salaries in the six figures.
Engineering, computer science, and finance are all good choices for earning $100,000 with just a bachelor’s degree.
Explore More College Resources
The 15 Highest-Paying Associate Degrees
Discover the highest-paying associate degrees that can lead to a career as an air traffic controller, dental hygienist, or radiation therapist.
by Jordan Stewart-Rozema, Ph.D.
Updated April 17, 2024
Highest-Paying Master’s Degrees
Health and STEM-related fields topped the list of highest-paying master’s degrees. Discover which in-demand master’s degrees pay the most.
by Jane Nam
Updated January 18, 2024
Highest-Paying Doctoral Degrees
A doctorate can boost your career opportunities and earning potential. Explore some of the highest-paying doctorates and Ph.D.s in tech, healthcare, and more.
by Amy Nigh
Updated September 13, 2024