Does Your Degree Effect Your Earning Power?

There’s a lot of information out there about how your choice of education can affect your earning power later in life. Does your degree choice really impact your ability to earn a better salary in your career though? How much difference does your field of study make to your earning power? Some study areas, such as science, technology or engineering are popular choices for those looking for a high salary, but are there are other options? 

Medical Degrees Boost Earning Power

Medical degrees can help you to soar up the highest paying job list, but you don’t have to pursue a career in medicine to earn the most. Taking an online healthcare MBA for two years can also give you a shot at a significant boost in your salary. If you’re interested in healthcare, studying online can be a great option to help you earn more, as well as learning something new and interesting. 

There’s A Salary Increase With Every Degree

If you’re wondering which title or degree type will earn you the most, don’t worry. There are options and opportunities to help you earn more, no matter what you education level us. Professionals with a masters degree or higher are more likely to see a salary increase, so taking on any further education after your degree can help you to boost your earning power. 

Computer Science Is One Of The Highest Paid Areas

STEM fields don’t account for as many of the top earning industries as you might think. However, Computer Science is one of the highest earning industries around, with one of the highest average salaries. Learning about computer science is a great way to boost your skills or increase your basic salary. 

If you want to increase your salary, you will need the right skills as well as the right degree. 

Skills Matter

The degree you choose can play a definite part in how much you can earn throughout your career, but your skills are often just as important to set your apart from the other graduates competing for those salaries. The right skills can be hard to find for employers, but most see them as an important part of finding the right person for the job. You need to be able to show that you have soft skills that you’ve learnt beyond your studies, such as strong communication skills, good organisation and the ability to work well in a team. These skills can help you stand out, especially for an entry level position. 

While having a strong degree or taking on additional degrees can help you to earn more after college, it isn’t the only way. While earning potential is certainly helped by degrees, you can boost your salary by learning new skills too. Boost your skills by taking on online courses, evening classes or seeking out a mentor in your industry, to help you learn relevant skills that will help you to shine in the workplace. Keep learning to keep your salary high.