Well if you want to be SUPER rich in a capitalist economy, the only thing that will get you there is if you become a capitalist. (or a 7 foot tall NBA star).
Well according to the US Dept of Labour's stats webpage (sorry, don't have the link handy) the highest paid profession by salary was medical doctors. On average, almost 50~60% greater than that of lawyers and more than double that of business professionals.
But we really shouldn't be talking about post-Bachelor's degrees... too many variables. For just undergrad, as far as Canada is concerned, according to the published student loan default rates, it's lowest for eng. and CS grads, therefore one might infer those 2 degrees produce financially successful people.
Economics OTOH has a fairly high default rate, although compared with the other social sciences, is the lowest.
But we really shouldn't be talking about post-Bachelor's degrees... too many variables. For just undergrad, as far as Canada is concerned, according to the published student loan default rates, it's lowest for eng. and CS grads, therefore one might infer those 2 degrees produce financially successful people.
Economics OTOH has a fairly high default rate, although compared with the other social sciences, is the lowest.
Right out of school CS is the best...when you add in experience and finding niche markets almost degree can make money...really good money.
I know several people in finance who make over 150,000 a year and one or two make half a million and only work about 30 hours a week. THen again, I know other finance majors who will never see a 50k salary.
I graduated with a BS in chemical engineering in 1999...I'm doing pretty good. I know ChE, most masters or PhD holders, who make 150,000 or more. I know a few who make almost a million dollars a year doing control system design and setup for refineries and chemical plants.
I know several people in finance who make over 150,000 a year and one or two make half a million and only work about 30 hours a week. THen again, I know other finance majors who will never see a 50k salary.
I graduated with a BS in chemical engineering in 1999...I'm doing pretty good. I know ChE, most masters or PhD holders, who make 150,000 or more. I know a few who make almost a million dollars a year doing control system design and setup for refineries and chemical plants.
No particular degree is a surefire path to financial success. There's just too much randomness involved with what job you get and what later opportunities you have.
Using this kind of information to choose a major is not helpful. You should instead find something that you're genuinely interested in so that you'll be willing to put in the long hours required to be successful.
Using this kind of information to choose a major is not helpful. You should instead find something that you're genuinely interested in so that you'll be willing to put in the long hours required to be successful.
Biological Horticulturist- We acutally make plants, it's really cool and make schloads of cash
I think he meant legally, dopepusher.
I think he meant legally, dopepusher.
"Using this kind of information to choose a major is not helpful. You should instead find something that you're genuinely interested in so that you'll be willing to put in the long hours required to be successful."
well said
well said
I can speak for the engineering department where I go to school at. (it's in south carolina, and the cost of living is dirt cheap here, that's why they make a lil less than in a big city, but everything also costs less. 
Chem Engineer: 53k average starting
Computer engineer: 51k average starting
electrical engineer: 49k average starting
civil is 38k or so i remember....everything else is in the middle
Chem Engineer: 53k average starting
Computer engineer: 51k average starting
electrical engineer: 49k average starting
civil is 38k or so i remember....everything else is in the middle
jewellery.
starting salary as apprentice: $80/hr
jeweller with 10 years experience: $480/hr
I KID YOU NOT! but problems is getting that little piece of paper!
starting salary as apprentice: $80/hr
jeweller with 10 years experience: $480/hr
I KID YOU NOT! but problems is getting that little piece of paper!
GTaudiophile
Lifer
- Oct 24, 2000
- 29,776
- 31
- 81
Dang. I must be looking in the wrong places. I've got double majors in Business Computing and Information Systems and an undergraduate in Medical Technology and i'm still unemployed!
ManSnake
Diamond Member
- Oct 26, 2000
- 4,749
- 1
- 0
Computer science definitely helped in producing many financially successful people until Nasdaq took a nose dive, now all those ex sillicon valley millionaires (due to crazy stock options) are starting to sell their bimmers and houses.
To answer your question, no degree can guarantee you wealth, it really depends on the individual!
To answer your question, no degree can guarantee you wealth, it really depends on the individual!
Cut and pasted straight from the employment/coop office web site from RIT. Updated 05/00. Quite a bit of people don't report their salaries though.
here you go:
Graduating Student Salary Report
The following data represents salaries accepted by RIT graduating students. Salary data is included where there are three or more reported salaries. Salary information is grouped by college.
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF BUSINESS
Accounting BS
$29,833.33
$23,500.00
$40,000.00
Business Administration MBA
$49,267.10
$25,000.00
$75,000.00
Business Management BS
$44,526.13
$26,000.00
$100,000.00
Finance BS
$32,817.14
$18,720.00
$46,000.00
Finance MS
$50,625.00
$40,000.00
$70,000.00
International Business BS
$34,000.00
$22,500.00
$52,500.00
Management Information Systems BS
$45,190.91
$34,600.00
$65,000.00
Marketing BS
$28,844.44
$14,000.00
$44,100.00
COLLEGE OF ENGINEERING
Applied Statistics MS
$56,750.00
$50,000.00
$65,000.00
Computer Engineering BS
$47,485.71
$41,000.00
$62,400.00
Electrical Engineering BS
$46,031.30
$36,000.00
$60,120.00
Electrical Engineering MS
$56,700.00
$50,000.00
$60,000.00
Industrial Engineering BS
$44,400.00
$40,000.00
$50,600.00
Mechanical Engineering BS
$42,533.29
$32,000.00
$55,000.00
Mechanical Engineering dual degree BS/MS
$46,385.71
$41,500.00
$51,500.00
Mechanical Engineering MS
$53,000.00
$44,000.00
$65,000.00
Microelectronic Engineering BS
$47,600.00
$45,000.00
$52,000.00
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF LIBERAL ARTS
Criminal Justice BS
$32,742.40
$20,000.00
$60,000.00
School Psychology MS
$33,245.00
$23,000.00
$43,070.00
Social Work BS
$24,333.33
$22,000.00
$28,000.00
COLLEGE OF APPLIED SCIENCE & TECHNOLOGY
Civil Engineering Technology BS
$34,117.78
$30,000.00
$38,000.00
Computer Engineering Technology BS
$46,642.86
$26,000.00
$67,500.00
Computer Integrated Manufact. Eng. Technology BS
$44,650.00
$43,600.00
$46,000.00
Electrical Engineering Technology BS
$38,657.14
$20,000.00
$49,000.00
Mechanical Engineering Technology BS
$40,023.20
$35,000.00
$45,032.00
Telecommunication Engineering Technology BS
$44,800.00
$42,000.00
$50,000.00
Computer Science BS
$47,278.44
$30,000.00
$58,000.00
Computer Science dual degree BS/MS
$62,133.33
$56,400.00
$68,000.00
Computer Science MS
$56,714.29
$28,000.00
$90,000.00
Software Development & Management MS
$58,175.00
$42,500.00
$100,000.00
Environment Management & Technology BS
$34,966.67
$19,200.00
$45,000.00
Career & Human Resource Development MS
$32,723.67
$22,500.00
$41,000.00
Food Management BS
$30,062.50
$27,000.00
$35,000.00
Hotel & Resort Management BS
$28,616.92
$13,520.00
$50,000.00
Nutrition Management BS
$29,000.00
$27,500.00
$31,000.00
Travel & Tourism Management BS
$19,750.00
$12,000.00
$28,000.00
Information Technology BS
$44,575.00
$30,000.00
$86,000.00
Information Technology MS
$46,800.00
$34,000.00
$55,000.00
Packaging Science BS
$38,363.64
$30,000.00
$45,000.00
Packaging Science MS
$44,250.00
$40,000.00
$48,500.00
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF IMAGING ARTS & SCIENCES
Art Education MST
$31,916.67
$31,000.00
$33,000.00
Biomedical Photographic Communication BS
$31,777.14
$23,500.00
$45,000.00
Graphic Design BFA
$28,363.64
$24,000.00
$40,000.00
Imaging & Photographic Technology BS
$44,266.67
$37,800.00
$48,000.00
Industrial Design BFA
$32,666.67
$30,000.00
$36,000.00
Printing BS
$37,684.44
$30,000.00
$56,160.00
Printing MS
$47,318.18
$35,000.00
$60,000.00
Professional Photographic Illustration BFA
$28,400.00
$24,000.00
$41,600.00
COLLEGE OF SCIENCE
Applied Mathematics BS
$40,477.00
$35,500.00
$42,408.00
Applied Statistics BS
$33,109.00
$25,500.00
$43,600.00
Biology BS
$22,000.00
$20,000.00
$23,000.00
Biotechnology BS
$30,033.00
$21,900.00
$50,000.00
Chemistry MS
$45,146.67
$37,440.00
$50,000.00
Diagnostic Medical Sonography
$37,076.57
$32,656.00
$47,600.00
Imaging Science BS
$42,210.00
$35,760.00
$48,000.00
Imaging Science MS
$52,500.00
$45,000.00
$60,000.00
Nuclear Medicine Technology BS
$29,016.00
$27,144.00
$30,000.00
Physician Assistant BS
$49,002.80
$40,000.00
$83,500.00
sorry for the long post...
here you go:
Graduating Student Salary Report
The following data represents salaries accepted by RIT graduating students. Salary data is included where there are three or more reported salaries. Salary information is grouped by college.
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF BUSINESS
Accounting BS
$29,833.33
$23,500.00
$40,000.00
Business Administration MBA
$49,267.10
$25,000.00
$75,000.00
Business Management BS
$44,526.13
$26,000.00
$100,000.00
Finance BS
$32,817.14
$18,720.00
$46,000.00
Finance MS
$50,625.00
$40,000.00
$70,000.00
International Business BS
$34,000.00
$22,500.00
$52,500.00
Management Information Systems BS
$45,190.91
$34,600.00
$65,000.00
Marketing BS
$28,844.44
$14,000.00
$44,100.00
COLLEGE OF ENGINEERING
Applied Statistics MS
$56,750.00
$50,000.00
$65,000.00
Computer Engineering BS
$47,485.71
$41,000.00
$62,400.00
Electrical Engineering BS
$46,031.30
$36,000.00
$60,120.00
Electrical Engineering MS
$56,700.00
$50,000.00
$60,000.00
Industrial Engineering BS
$44,400.00
$40,000.00
$50,600.00
Mechanical Engineering BS
$42,533.29
$32,000.00
$55,000.00
Mechanical Engineering dual degree BS/MS
$46,385.71
$41,500.00
$51,500.00
Mechanical Engineering MS
$53,000.00
$44,000.00
$65,000.00
Microelectronic Engineering BS
$47,600.00
$45,000.00
$52,000.00
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF LIBERAL ARTS
Criminal Justice BS
$32,742.40
$20,000.00
$60,000.00
School Psychology MS
$33,245.00
$23,000.00
$43,070.00
Social Work BS
$24,333.33
$22,000.00
$28,000.00
COLLEGE OF APPLIED SCIENCE & TECHNOLOGY
Civil Engineering Technology BS
$34,117.78
$30,000.00
$38,000.00
Computer Engineering Technology BS
$46,642.86
$26,000.00
$67,500.00
Computer Integrated Manufact. Eng. Technology BS
$44,650.00
$43,600.00
$46,000.00
Electrical Engineering Technology BS
$38,657.14
$20,000.00
$49,000.00
Mechanical Engineering Technology BS
$40,023.20
$35,000.00
$45,032.00
Telecommunication Engineering Technology BS
$44,800.00
$42,000.00
$50,000.00
Computer Science BS
$47,278.44
$30,000.00
$58,000.00
Computer Science dual degree BS/MS
$62,133.33
$56,400.00
$68,000.00
Computer Science MS
$56,714.29
$28,000.00
$90,000.00
Software Development & Management MS
$58,175.00
$42,500.00
$100,000.00
Environment Management & Technology BS
$34,966.67
$19,200.00
$45,000.00
Career & Human Resource Development MS
$32,723.67
$22,500.00
$41,000.00
Food Management BS
$30,062.50
$27,000.00
$35,000.00
Hotel & Resort Management BS
$28,616.92
$13,520.00
$50,000.00
Nutrition Management BS
$29,000.00
$27,500.00
$31,000.00
Travel & Tourism Management BS
$19,750.00
$12,000.00
$28,000.00
Information Technology BS
$44,575.00
$30,000.00
$86,000.00
Information Technology MS
$46,800.00
$34,000.00
$55,000.00
Packaging Science BS
$38,363.64
$30,000.00
$45,000.00
Packaging Science MS
$44,250.00
$40,000.00
$48,500.00
MAJOR
AVERAGE SALARY
MINIMUM SALARY
MAXIMUM SALARY
COLLEGE OF IMAGING ARTS & SCIENCES
Art Education MST
$31,916.67
$31,000.00
$33,000.00
Biomedical Photographic Communication BS
$31,777.14
$23,500.00
$45,000.00
Graphic Design BFA
$28,363.64
$24,000.00
$40,000.00
Imaging & Photographic Technology BS
$44,266.67
$37,800.00
$48,000.00
Industrial Design BFA
$32,666.67
$30,000.00
$36,000.00
Printing BS
$37,684.44
$30,000.00
$56,160.00
Printing MS
$47,318.18
$35,000.00
$60,000.00
Professional Photographic Illustration BFA
$28,400.00
$24,000.00
$41,600.00
COLLEGE OF SCIENCE
Applied Mathematics BS
$40,477.00
$35,500.00
$42,408.00
Applied Statistics BS
$33,109.00
$25,500.00
$43,600.00
Biology BS
$22,000.00
$20,000.00
$23,000.00
Biotechnology BS
$30,033.00
$21,900.00
$50,000.00
Chemistry MS
$45,146.67
$37,440.00
$50,000.00
Diagnostic Medical Sonography
$37,076.57
$32,656.00
$47,600.00
Imaging Science BS
$42,210.00
$35,760.00
$48,000.00
Imaging Science MS
$52,500.00
$45,000.00
$60,000.00
Nuclear Medicine Technology BS
$29,016.00
$27,144.00
$30,000.00
Physician Assistant BS
$49,002.80
$40,000.00
$83,500.00
sorry for the long post...
Do what I am going to do, 5 year bs/ms in comp sci, then 4 year mba/jd. That should cover a lot of ground and you should easily be able to make above 75k unless you go to retarded schools...
<< The super rich usually dont get there by working hard...
Most of it is by inheritance, and getting lucky in the stock market..
Watch the movie "Wall Street" and be amazed, the truth behind the story is staggeringly accurate... >>
I disagree. Circle gets the square! (sorry, I always wanted to say that)
You are probably right on the super-duper rich. But I know a lot of wealthy people that got their purley on hard work and educating themselves about money. Hey 500K - $2mil a year is nothing to shake a stick at.
For graduate degree MBA hands down. Here's some info for Wharton(which is pretty much tops). Median starting salary: $95,000, Median signing bonus: $20,000, Median Other Compensation: $30,000 (from Business Week)
All the other top 10 MBAs are in the same range. The top profession is probably investment banking. MBA grads get around $200,000 first year as an associate and its just keeps going up, quite rapidly. Of course the attrition rate is quite high as people get burned out after a few years on Wall Street working 90 hour weeks.
Oh, and Wall Street - the movie does not give you an accurate picture of the industry. Maybe it was more like that in the 80s, but people don't have to resort to insider trading to make big bucks.
All the other top 10 MBAs are in the same range. The top profession is probably investment banking. MBA grads get around $200,000 first year as an associate and its just keeps going up, quite rapidly. Of course the attrition rate is quite high as people get burned out after a few years on Wall Street working 90 hour weeks.
Oh, and Wall Street - the movie does not give you an accurate picture of the industry. Maybe it was more like that in the 80s, but people don't have to resort to insider trading to make big bucks.
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