What Diplomas Make Millionaires: 7 Specialties That Will Help You Earn a Lot of Money
Can't decide what to study? Want to change your field of activity and wonder which training course is right for you? Are you looking for the most promising areas for work and business? Educational platform Edvoy tells what diplomas hang on the walls in the offices of millionaires.
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Getting a degree is an opportunity to find a good job, and a good job is a decent salary. Here are seven of the most popular and promising areas.
1. Engineering
Engineering is the most common major among billionaires. 22% of the world's top 100 billionaires studied engineering.
Have you ever wondered what kind of engineering could make you a billionaire? Mexican entrepreneur Carlos Slim, whose net worth is around $73,3 billion, studied civil engineering.
On the subject: How to validate a foreign diploma, degree, or professional certificate in the United States
Larry Page, co-founder of Google, has a bachelor's degree in computer engineering and a master's degree in computer science. His net worth is currently estimated at $125 billion.
Jeff Bezos, the founder and CEO of Amazon, holds a bachelor's degree in electrical engineering and computer science from Princeton University. His net worth now exceeds a staggering $200 billion.
A 2014 study found that 56% of engineers believe they will become millionaires at some point, and 69% say their profession is “recession-proof,” meaning it’s one of the most reliable in the long term.
Top Universities for Engineering:
- University of Liverpool
- Birmingham University
- Victoria University of Wellington
2. Economy/Finance
Knowing how the financial world works is invaluable in almost everything you do later in life. Plus, it can lead to a good job in finance.
According to Business Insider, the highest-paying finance jobs on Wall Street can earn you more than $20 million. Banking jobs can also earn you a solid salary.
It's not just the US that offers great opportunities in this sector - we've looked at the ten best economics courses in the UK.
Best universities for economics and finance:
- Thompson Rivers University
- Trinity College Dublin
3. Politics
Among the former graduates of political schools is Barack Obama, the 44th President of the United States and a millionaire. He graduated from Columbia University with a bachelor's degree in political science in 1983.
Other millionaires who graduated from political science schools include journalists, former British opposition leader Ed Miliband and former British Prime Minister David Cameron.
The former politicians went on to secure lucrative book and television deals and future careers in public speaking.
Politics is one of the professions that makes the most millionaires both during and after retirement from politics.
Best universities for Politics:
- Trinity College Dublin
- University of Regina
- University of Exeter
4. Mathematics
Whether it's finance, engineering, science, or public service, there are many fields in which math students can make successful careers. Mathematics graduates make up a significant portion of the world's millionaires.
Thus, musician and millionaire Art Garfunkel, after graduating from Columbia University, received a master's degree in mathematics in 1967.
Best Universities for Mathematics:
- University of Glasgow
- Waterford Institute of Technology
- University of Strathclyde
5. Computer science
It’s a sector that has been thriving for a decade now. The rise of technology, social media and algorithms has created demand that outweighs supply.
The average starting salary for computer science graduates is approximately $61, second only to engineering graduates.
Software developers at Google or Facebook can earn up to $120 a year.
The top 200 apps in the world today generate an average of $82 per day.
Top Universities for Computer Science:
- Coventry University
- Bata University
- University of Waikato
6. Right
Studying law is a long and difficult process, but in the long run it can earn you significant amounts of money.
The average salary for a lawyer in the UK for the first 5 years is between $50 and $000 per year and increases every year.
Lawyers with more than 15 years of experience can earn almost two and a half million a year.
The lucrative term "partner" in a law firm usually makes you a millionaire and provides for you for life.
Top Universities for Law:
- University of Exeter
- University of Limerick
- Trinity College Dublin
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7. MBA (Master of Business Administration)
Unlike other majors on our list, an MBA will take 1-2 years to complete, which will significantly increase your salary. These skills can be applied to almost any field.
Salaries for those working in architecture, customer support or medicine have increased by more than 80%.
The downside is that it is a second degree: you must already have a degree to receive a diploma. This takes time and can significantly increase the cost of your higher education. But the benefits are clear.
MBA tuition costs range from $50 to $000 depending on the university, program, and location.
Best Universities for MBA:
- University of Greenwich
- University of Brighton
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