How Much Does Each University Degree Earn

While pay shouldn't be the deciding factor in choosing one's degree and potentially their career, it is important in this day and age, with rising university tuitions and an economy on the brink of a recession, that students obtain a fair valuation on their potential earning capabilities in the future and how their decisions may affect them.

While there are hundreds of different degrees, each with different job prospects, for the sake of simplicity and accessibility, I have grouped together those degrees which are either derivatives of each other or have very similar job prospects.

Data has been obtained from the website Payscale, which provides a useful indication of salaries comparisons. Let’s have a look at what your potential future salary will look like and what jobs they generally offer ( See end for summarizing graph):

Accounting & Finance (Avg Salary - $71K per year)

Having a BSc/BBA in Accounting & Finance will open up following job prospects: Financial Analyst, Stockbroker, Market Research Analyst, Auditor, Asset Valuation Analyst etc.

Arts- Visual & Performing (Avg Salary - $51K per year)

Having a BA in subjects such as Graphic Design or Theatre will open up the following job prospects: Graphic Designer, Producer, Director, Animator etc.

Biomedical & Biological Sciences (Avg Salary - $63k per year)

Having a BSc in Biomedical Sciences or related subjects offers the following job prospects: Physician, Neuroscientist, Veterinarian, Researcher, Diver etc

Business Management & Marketing (Avg Salary - $65K per year)

Having a BBA/BSc in Business Management or Marketing offers the following job prospects: Operation Manager, Human Resources, Marketing Manager etc

Computer Sciences & Information Technology (Avg Salary - $ 83K per year)

Having a BSc in Computer Sciences offers the following job prospects: Software Engineer, Application Developer, Web Developer, Financial Analyst etc.

Economics & Econometrics (Avg Salary - $ 70K per year)

Having a BSc/BA in Economics offers the following job prospects: Financial Analyst, Data Analyst, Managerial Consultant, Data Scientists etc.

Engineering (Avg Salary - $85K per year)

Having a BSc in Computer, Mechanical, Electrical and other Engineering subjects offers the following job prospects: Software Engineer, Mechanical Engineer, Electrical Engineer etc.

Law & Legal Services (Avg Salary - $61K per year)

Having a BSc/BA in Law or other Legal Services opens up the following job prospects: Paralegal, Lawyer/Attorney, License Administrator, Legal Secretary etc.

Mathematics & Statistics (Avg Salary $75K per year)

Having a BA/BSc in Mathematics opens up the following job prospects: Data Scientist, Data Analyst, Financial Analyst etc