Currently in 2010 CBS Money Watch and many other sources have found that the following College Degrees have been the highest paying fields in professions.
College Degree Starting Median Pay Mid-career pay
1. Petroleum engineering $93,000 $157,000
2. Aerospace engineering $59,400 $108,000
3. Chemical engineering $64,800 $108,000
4. Electrical engineering $60,800 $104,000
5. Nuclear engineering $63,900 $104,000
6. Applied mathematics $56,400 $101,000
7. Biomedical engineering $54,800 $101,000
8. Physics $50,700 $99,600
9. Computer engineering $61,200 $87,700
10. Economics $48,800 $97,800
11. Computer science $56,200 $97,700
12. Civil engineering $53,500 $93,400
13. Statistics $50,000 $93,400
14. Finance $47,500 $91,500
15. Software engineering $56,700 $91,300
16. Management info. systems $50,900 $90,300
17. Mathematics $46,400 $88,300
18. Government $41,500 $88,300
19. Information systems $49,300 $87,100
20. Construction Management $50,400 $87,000
PETROLEUM ENGINEERS design and supervise the process of getting oil and natural gas out of the earth and contained in storage tanks. When a site for a well is selected, petroleum engineers decide how to drill. They decide what equipment to use, and how and who should exactly use them. If it is suspected that gas or oil is found, the petroleum engineer will test samples of the layers or rock bearing oil. Overall the petroleum engineers job is to bring oil to the surface and contain it safely and as cost efficient as possible.
AEROSPACE ENGINEERS design, develop, and test space vehicles, missiles, and air-crafts, and oversee their production. Most of the time people specialize in one kind of vehicle. Aerospace engineering also covers other fields in engineering like, electrical, chemical, and mechanical. Aerospace Engineers can design and create different varieties of things. They can work with the body of a vehicle, guidance and control systems, celestial mechanics, thermodynamics, aerodynamics, acoustics and propulsion.
CHEMICAL ENGINEERS work in the production of chemicals and other products that chemical processing is a necessity. Chemical Engineers are concerned with the design, operation, construction, and marketing of products and equipment that is developed by chemists. Chemical engineers need to have knowledge of chemistry, physics, mechanical and electrical engineering to fulfill their position. Chemical Engineers sometimes specialize in one area of the jobs mass variety of fields; they also are often assisted by chemical technicians.
ELECTRICAL ENGINEERS apply electrical theories to test and modify the operation and development of electrical control equipment, circuitry, and machinery.
NUCLEAR ENGINEERS solve engineering problems. They find practical application of discoveries by scientists and Nuclear Physicists. Nuclear Engineers are trained in design, construction, research, and development. Nuclear Engineers have to fully understand the processes that produce nuclear energy, radioactive atoms, and radiation. Nuclear Engineers design equipment that makes use of radioactive materials to solve many kinds of problems in science, industry, medicine, and agriculture.
MATHEMATICIANS use tools like algorithms, mathematical theory, and the latest computer technology to solve scientific, engineering, physics, economic, and business problems. Mathematics is divided into two areas which are theoretical and applied mathematics. Theoretical mathematicians expand and clarify theories and laws. They seek to increase basic knowledge about mathematical relationships to create new laws in mathematics. Few mathematicians work in the theoretical field. Mathematicians that work in the applied mathematics field use the laws and formulas that theoretical mathematicians created to solve problems.
BIOMEDICAL ENGINEERS combine their knowledge of medicine and biology with principles of engineering to develop procedures and devices to solve medical and health-related problems. Biomedical Engineers research along with chemists, hospitals, physicians, and universities. Some biomedical engineers work in hospitals to monitor and maintain complex medical systems, while others contribute to the development of devices like artificial limbs, heart pacemakers, kidney machines, heart valves and many other devices.
PHYSICISTS are scientists who investigate gravity and motion, the behavior and structure of matter, behavior of gases, interactions between energy and matter, and the generation and transfer of energy. Physics is a very broad science and physicists can work in the application or theoretical design of their science. Theoretical physicists investigate areas and do not put thought into practical application. They are concerned with concepts of nature and time, and the origin of the universe. Physicists that apply their knowledge of physics develop devices like computers, laser beams, microwave appliances, communications satellites, transistors and many other varieties. They use there to solve problems with medicine, defense, the industry, and many other fields.
COMPUTER ENGINEERS can work in two very different fields. They can work in the world of software or hardware. They can develop, code, and maintain computer programs. This is a world that has a never ending amount of possibilities and opportunities to create. Computer Engineers can also can research, design, and develop many different components that make technology such as computers and many other devices possible. They can always work and find new ways to create and improve existing technology to make our computing world better.
ECONOMISTS study the way society uses limited resources, such as water, raw materials, human labor, and land to satisfy their wants and needs. Economists are social scientists who have expert knowledge in systems that produce, distribute, and use services and goods. Economists are concerned with how businesses, governments, and individuals obtain, invest and spend money. They also analyze and study the relationship between supply and demand of services and goods.
These were a few introductions to fields of careers that our world has to offer. These also were the most paying fields of study in the year 2010. Many can find a pattern in these studies and see how our future is progressing. The world is expansively progressing into a more technological and scientific world. Those are the fields that people want to try to advance our world and those also not coincidentally are the most paying fields of profession.