Most Useful Degrees in Expanding Industries to Explore Today

By Indeed Editorial Team

Updated November 14, 2022

Published November 5, 2021

The Indeed Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with Indeed's data and insights to deliver useful tips to help guide your career journey.

Many people want to know about the most useful degrees and which majors have the potential to develop into fulfilling careers. Several majors are useful, and some of the most valuable degrees are in engineering and medicine. Understanding which degrees interest you and which prove valuable after graduation can help you find a rewarding job in your preferred field of study. In this article, we explore the most useful college degrees for you to pursue and increase your chances of obtaining a high-paying and interesting job post-graduation.

Related: 17 Rewarding Bachelor's Degree Job (With Duties and Salary)

What are the most useful degrees?

The most useful degrees are ones that help students find stable paying jobs after graduation. These bachelor's degrees, according to the Government of Canada Job Bank, have low unemployment ratings, high incomes, and few requirements for future investments in education to be beneficial:

Biomedical engineering

A degree in biomedical engineering means working in various fields such as manufacturing, medical device development, research, and development. Biomedical engineers design and develop technology to solve problems in the world of medicine. This career has a median earning of $80,003 per year. Nearly 68% of graduates with a biomedical engineering degree are in jobs related to their fields.

Computer science

Computer science information and technology is a popular major and career choice. People who major in computer science learn to use computational processes to program computers, build websites, and complete complex computer-related tasks. Recent graduates earn approximately $69,884 per year. Of those who graduate, 59% are in jobs related to their field of study.

Read more: 13 Jobs You Can Get With a Computer Science Degree

Marine engineering

A degree in marine engineering prepares people with the knowledge of various marine operating systems for offshore structures, boats, and submarines. Core courses include physics, mechanical engineering, and differential equations. Upon graduation, median earnings are approximately $80,003 per year. Of the graduates in this field of study, 68% of them are in jobs related to their field.

Pharmaceutical sciences

Degrees in pharmaceutical sciences prepare students to apply knowledge of biology, chemistry, and other sciences to their study and development of medicines. Job for pharmaceutical science majors earns a median annual wage of $109,645 per year. 79% of graduates reported finding work in their related field.

Computer engineering

Computer engineering majors learn how to assess, create, and implement computer software and hardware. They accomplish this through the use of physics, mathematics, and computer science. Median annual earnings in computer engineering professions are around $73,965, and 68% of students who graduate with this degree find work related to their studies.

Electrical engineering

Electrical engineering majors assess, design, and develop various kinds of electrical equipment. These professionals work with electronics, including computers, robotics, and power systems. Their median annual salaries are $78,225 per year. After graduation, 68% of students find a job in their related field.

Read more: Best Jobs for an Electrical Engineering Degree

Finance

Finance degrees prepare students for career opportunities such as accounting, financial analysis, and financial advising. Core studies include economics and mathematics, and may include specialized studies in stock markets or company finance. These graduates earn around $61,664 per year and approximately 60% of students find jobs in their field.

Software engineering

Software engineers usually become software developers. This career path is in high demand, and most graduates can expect a median annual salary of around $73,965. Approximately 68% of students can find a job in their related field.

Civil engineering

Civil engineering degrees teach students how to develop, build, and oversee the creation of infrastructure within a city, town, or district. Civil engineers oversee projects that build and repair airports, bridges, and other types of structures within their community. A degree in civil engineering usually earns $73,851 per year. After graduation, 68% of students find a job in their chosen profession.

Applied mathematics

Applied mathematics degrees prepare students for careers in engineering, science, and computer science. In a year, someone with this degree can expect around $64,407 in earnings. Post-graduation, 59% of students can find jobs in their chosen fields.

Statistics

Degrees in statistics prepare students for careers as statisticians, finance professionals, and other related fields. Common core subjects in school for statistics majors are data mining, probability, and survey sampling. Their annual earnings are usually around $64,407, and around 59% of students find work in their field.

Medical and health preparatory programs

Medical and health preparatory programs prepare people for medical school, other health-related careers, or continuing education programs. Common areas of study for medical and health preparatory students include nursing, pharmacy, and dentistry. The median annual earnings for someone with this degree are $57,946. Of students who graduate with this degree, 79% find work in their chosen profession.

Economics

Students who get their degree in economics work with economic systems and how they affect society. Common occupations for economics majors include financial analysts, actuaries, and market research analysts. Median earnings for a degree in economics are around $55,713 per year. Around 40% of graduates find a job in their field.

Genetics

Individuals with a degree in genetics develop an in-depth knowledge of how genetics affect the modern age. With a bachelor's degree as a generalist geneticist, students can expect a median national income of $54,698 per year. Jobs prospects in this field vary based on province, but most provinces report high expectations for growth.

Mechanical engineering

This degree provides students with in-depth knowledge of how to analyze and develop various machines. Core courses in this field are dynamics, chemistry, and principles of design. The national median earnings are around $77,028 per year, and 68% of graduates find a job in their chosen profession.

Management information systems

This degree gives students knowledge of information systems and how businesses implement them around the world. Common jobs for management information systems majors are systems analysts and database administrators. The median national earnings for these positions are around $61,412, and 60% of graduates can find jobs in their field.

Mathematics

A degree in mathematics usually earns around $64,407 per year. This degree prepares students for multiple positions, including math professor, researcher, or investment banker. Most professions in math are in high demand and approximately 59% of graduates can find a job in their chosen field.

Read more: 20 Jobs in Math to Explore

Physics

With a degree in physics, you have a broad range of careers to explore. These include application engineering, design engineering, and data analysis. Physics majors learn science and mathematics and how to apply those principles to solve real-world problems. The median earnings for this degree nationwide are approximately $49,270 per year. Reports show 31% of students can find a job within the profession.

Business administration

People with a degree in business administration can expect a median earning of $61,412 per year. Approximately 60% of graduates find a job in their field. Business administrators have a variety of career paths to choose from, including accounting, management, forensics, and finance.

Related: 16 Business Degree Jobs to Consider

Political science

Political science majors prepare for careers in politics and study the creation and evolution of political systems. Median earnings for political science majors are around $53,083 per year. The graduate success rate in finding work is around 40%.

Nursing

Degrees in nursing provide students with the education and training they need to pursue a career as a registered nurse, as well as other nursing positions. Nationwide, the median earnings for nursing positions are around $79,896 per year. Approximately 79% of graduates find a job in their field.

Meteorology

Meteorology degrees prepare individuals to study climate and weather. They often work as meteorologists or atmospheric scientists. These careers have a median annual earning of $68,876, and 31% of graduates find work in their fields. Graduates report, though, that this degree prepared them for jobs as civil engineers and software engineers as well.

General engineering

A degree in general engineering prepares students for careers within various branches of engineering. These careers may specialize in chemical, architectural, and computer engineering. General engineers can expect to earn a median salary of $80,003 per year, and 68% of graduates report finding jobs in their chosen profession.

Materials science

A degree in materials science prepares people to study, analyze, and manipulate a variety of materials. Careers with this degree are important to several aspects of society, including energy, computer science, and transportation. Median earnings in this field are around $80,003 per year. According to surveyed graduates, 68% of them found jobs in their related field.

Chemical engineering

This degree teaches people the basic principles of chemistry, physics, and biology. These students then apply their knowledge to solve problems within society. Median earnings for chemical engineers are $91,278 per year. Around 68% of graduates find a job in their chosen field.

Read more: 15 Popular Chemistry Degree Jobs (With Job Duties)

Please note that none of the companies mentioned are affiliated with Indeed.

Salary figures reflect data listed on the quoted websites at the time of writing. Salaries‌ ‌may‌ ‌‌vary‌‌ ‌depending‌ ‌on‌ ‌the‌ ‌hiring‌ ‌organization‌ ‌and‌ ‌a‌ ‌candidate's‌ ‌experience,‌ ‌academic‌ background‌, ‌and‌ ‌location.‌

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