30 Most Popular Degree Majors Studied by Millionaires - MBA Central (2023)

30 Most Popular Degree Majors Studied by Millionaires - MBA Central (1)

Academic betterment is an enriching pursuit in its own right, but for many students contemplating higher education, increased earning potential is also a key motivation. So which subjects are likely to yield the most money, longer term? Wealth management meets luxury lifestyle magazine Spear’s, together with wealth consultancy WealthInsight, recently compiled data on 70,000 millionaires across the globe to ascertain what degrees they studied and at which universities. “The top subjects,” said Josh Spero, editor of Spear’s, “are those which encourage new and smart thinking, whether technical or financial. But it’s also no surprise to find that the brightest people… often leave their degrees behind and go into high finance to seek their fortune.” Here we take a look at the 30 disciplines that have produced the most members of the millionaires’ club.

30. Biochemistry

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Driven to try to identify a cure for his twin brother’s cardiomyopathy – a degenerative disease that affects the heart muscle – actor Ashton Kutcher signed up for school at the University of Iowa in 1996 and hoped to major in biochemical engineering. Kutcher’s academic days were short-lived, however, and after coming out on top in a local modeling competition, he dropped out to kick-start a modeling career, strutting his stuff in New York, Paris and Milan. Soon afterwards, Kutcher turned to acting, and looking back, it was probably the correct decision. Biochemistry students who did manage to graduate include singer Milo Aukerman from punk band the Descendents – who holds a Ph.D. in the subject from the University of Wisconsin–Madison – and business executive Christine Poon. The former worldwide chairman of Johnson & Johnson’s Pharmaceuticals Group, Poon was compensated over $10 million in 2008 alone before stepping down from her position the following year.

29. Art

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Arguably the trickiest part about making money as an artist, as Vincent Van Gogh would probably attest, is to do it while still alive. The Dutch master is rumored to have only ever managed to sell one solitary painting – for the sum of 400 francs, equivalent to roughly $1,600 in 2011 – throughout his life. However, Van Gogh’s posthumous fame has seen at least three of his works sell for more than $100 million each, at today’s equivalent costs, and various other pieces of his work have been snapped up at multi-million-dollar prices. Heeding all this are Damien Hirst and Jeff Koons, who have put their fine art degrees to sensible monetized use and in 2013 both ranked in the top five of the world’s wealthiest artists, with net worths of $350 million and $100 million respectively.

28. Agribusiness/Agricultural Studies

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In order to fulfill the demands of a rapidly growing population, the food industry will need to find ways to boost its productivity by some 70 percent over the next four decades; that’s according to a 2013 article from Britain’s The Guardian. Agriculture and agribusiness graduates are therefore in increasing demand to meet some of the challenges that this large step-up in output presents. Fortunately, there is also money to be made in the world of agriculture – as the reasonable number of millionaires the subject area produces perhaps suggests, going from WealthInsight’s Spear’s magazine’s data. In any case, even graduates in these or related subjects who don’t ultimately go into the field can still be well remunerated. Chevron CEO and chairman John S. Watson – who left the University of California, Davis with a bachelor’s in agricultural economics in 1978 – draws a salary of over $32 million.

27. Architecture

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The most obvious and natural progression from obtaining a degree in architecture is to become an architect. That said, if your first name was “Weird,” you might be forgiven for looking at other options. Grammy-winning comedy musician “Weird Al” Yankovic, real name Alfred Yankovic, got his architecture degree from Cal Poly San Luis Obispo in 1980 but chose a more satirical path to attaining millionaire status. Still, architecture’s loss is musical parody’s gain. On the other hand, Norman Foster – described in 2008 as “the richest architect in the world by a very big margin” by website Skyscraper News – took the direct route after earning his master’s in the subject from the Yale School of Architecture in 1962. Foster has a current fortune in the region of $250 million.

26. Journalism

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In a 2012 New York Times graphic entitled “The Top 1 Percent: What Jobs Do They Have?” it was said that 7,282 journalists in America are in that disproportionately wealthy category. Hence, despite journalism’s extremely competitive nature and saturated industry, there is evidently money to be made in the field. That’s not to say that alternative paths for journalism degree holders can’t also reap rewards, however. A noteworthy graduate who has chosen another vocation is actor and millionaire Denzel Washington, who completed his studies at Fordham University with a bachelor’s in drama and journalism in 1977. Another notable figure is Survivor: Micronesia winner Parvati Shallow, who majored in journalism, getting her degree from the University of Georgia in 2004. Shallow gained instant entry into the millionaires’ club after winning the reality TV show’s $1 million prize in 2008.

(Video) The Most Popular College Majors For America’s Billionaires | Forbes

25. Communication

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With a degree as broad in scope as communication, graduates can find themselves on pretty divergent employment paths. Notable communication degree holders who also managed to achieve considerable wealth include late actor James Gandolfini, who graduated from Rutgers University in 1982 with a bachelor’s in communication studies; film director Spike Lee, who attained his B.A. in mass communications from Morehouse College in 1979; and The Far Side cartoonist Gary Larson, who earned his undergraduate communications degree from Washington State University in 1972. However, top of this particular pile in the wealth stakes is radio and TV personality Howard Stern, who completed his studies at Boston University’s College of Public Communication in 1976 and now has an annual salary approaching $100 million and can boast a net worth of $500 million.

24. Pharmacy

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AMC crime drama Breaking Bad may have put illegal drug production and dealing front and center in the public consciousness, but those who enroll for pharmacy degrees are likely to be considering a career in dispensing substances of a less questionable nature. Given the investment of time and money it takes to become a pharmacist – a few years of undergraduate learning, as many as four years of doctoral study and sometimes up to two years of residency – it’s to be expected that remuneration packages are correspondingly high. Information from the Bureau of Labor Statistics showed that the average salary received by pharmacists in the U.S. was $116,670 in 2012. What’s more, according to the bureau, the pharmacist job market is predicted to increase by 14 percent by 2022, meaning that for those who put in the study hours, the prospects of finding work are also reasonably good.

23. Chemical Engineering

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Cindy Crawford may not be the first name that springs to mind when one thinks of chemical engineering – if indeed any one particular name does spring to mind – but the former supermodel did in fact take up the subject, at Northwestern University in 1984. After winning an academic scholarship, Crawford dropped out following just one term – though to pursue what turned out to be a stratospheric career in front of the lens. One notable chemical engineer who did manage to complete his studies is Gore-Tex inventor Robert “Bob” Gore. Gore achieved his chemical engineering Ph.D. from the University of Minnesota in 1963 and now, with an estimated net worth of $800 million, has the honor of being the wealthiest individual in the state of Delaware.

22. Geology

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Ranking second place on Forbes’ list of the wealthiest U.S. presidents of all time, Herbert Hoover was annually raking in the equivalent of $2.5 million in today’s money almost 20 years before he was sworn in in 1929. Hoover was also a geology degree holder, having obtained his qualifications in 1895 from Stanford University. Incidentally, Hoover additionally laid claim to being the first ever Stanford student – having supposedly been the first to spend a night in the university dormitory after enrolling in the institution’s maiden year of 1891. Hoover’s geological background led him to the mining industry, where he quickly rose through the ranks to find his fortune. He clearly had an affinity with money, though, once famously saying, “If a man has not made a million dollars by the time he is forty, he is not worth much.”

21. English

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According to Newsweek, English is the seventh most useless major of them all, as determined by factors such as recent graduate employment and earnings. That said, judging from Spear’s magazine and WealthInsight’s research, the subject yields a reasonable share of millionaires, so perhaps there are actually a fair few less worthwhile degrees out there – at least in the high wealth production stakes. In any case, literacy is an invaluable commodity. Graduates who have managed to transfer their English degrees to millions of dollars include Stephen King, who finished his studies at the University of Maine with an English B.A. in 1970 and can now boast a net worth of some $400 million; and 1969 Loyola University English lit graduate and fellow novelist Tom Clancy, whose fortune was valued at $300 million prior to his death. Then there’s businessman-turned-politician Mitt Romney, who left Brigham Young University with a top honors bachelor’s degree in English in 1971 and is today worth around $250 million.

20. Philosophy

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Despite being seen as a largely non-vocational subject, philosophy manages to set its share of graduates on the path to high net worth. As a 2014 Huffington Post article points out, in “both the business and tech worlds… philosophy has proved itself to be not only relevant but often the cornerstone of great innovation.” One notable innovator is Flickr co-founder Stewart Butterfield, who earned a master’s in philosophy from Cambridge University in 1998 before turning his attention to facilitating photo sharing. Another notable figure is investment and business magnate George Soros, who gained a Ph.D. in philosophy from the London School of Economics in 1954 and in 2014 placed 29th on Forbes’ The World’s Billionaires list.

19. Biology

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The study of living organisms is an important endeavor in its own right, but it’s perhaps a reasonable assumption that many of the millionaires biology degrees produce go on to make their money in different fields – unless, that is, such graduates are among the fortunate annual recipients of the $3 million Breakthrough Prize in Life Sciences. Dexter Holland, rhythm guitarist and frontman of pop punk band The Offspring, graduated from the University of Southern California with a B.S. in biology and a master’s in molecular biology but inexplicably opted for a career as a rock millionaire instead. Perhaps even more inexplicably, in 1995 Holland was quoted as saying, “I won’t wanna play music when I’m forty, I’d rather be a professor at a university” – though his musical career is still going strong eight years after that deadline. All the same, recently Holland has gone back to school to pursue a doctorate, co-authoring a paper dealing with microRNA in HIV genomes that was published in March 2013.

18. Chemistry

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Moore’s Law is an influential observation in the realm of computer hardware that asserts, in basic terms, that processing strength increases twofold every two years. Interestingly, though, its author, Gordon Moore, has an academic background not in computer science but in chemistry, having gained his doctorate in the subject from Caltech in 1954. Still, Moore went on to find his fortune in computers and in 1968 co-founded Intel (then known as NM Electronics), where he is now chairman emeritus. Moore’s current net worth of some $6.1 billion places him a respectable 240th on Forbes’ 2014 list of The Richest People on the Planet. Elsewhere, chemistry graduate-turned-actor and millionaire Dolph Lundgren chose to let his biceps do the talking instead, although none of the movie one-liners he’s delivered have been enshrined as computing laws just yet.

17. Psychology

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It doesn’t require a huge leap of the imagination to see how an academic understanding of human behavior and mental function might translate into a general competitive edge in the pursuit of money – and the roster of millionaire celebrities with psychology degrees is certainly eclectic. Film and TV producer Jerry Bruckheimer obtained a B.S. majoring in psychology from the University of Arizona in 1967; Playboy mogul and smoking jacket proponent Hugh Hefner gained a bachelor’s majoring in psychology from the University of Illinois at Urbana-Champaign in 1947; and Oscar-winning actress Natalie Portman earned her undergraduate psychology stripes from Harvard in 2003.

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16. Marketing

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According to the Oxford English Dictionary, marketing is “the action or business of promoting and selling products or services, including market research and advertising.” According to Fight Club character Tyler Durden, on the other hand, it – or advertising, to be precise – is one of the forces that “has us chasing cars and clothes, working jobs we hate so we can buy s*** we don’t need.” Either way, as a degree subject, marketing appears to produce no small quantity of millionaires – and a notable number of actors, too, it would seem. Millionaire stars Kevin Costner, Wanda Sykes and Chris O’Donnell all have degrees in marketing to fall back on should Hollywood give them the permanent cold shoulder.

15. History

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As with several of the other entries on our list, it’s probable that many of the millionaires produced by history as a degree subject have found their fortune outside of their original field of study. Nonetheless, the knowledge gained during such study could well be an asset in terms of encouraging innovation. As Spanish philosopher George Santayana famously said, “Those who cannot remember the past are condemned to repeat it.” History graduates of particular note include former U.S. presidents Richard Nixon and Franklin D. Roosevelt, and Borat creator and millionaire Sacha Baron Cohen, who earned his degree from the University of Cambridge.

14. Physics

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Although starting salaries for recent physics graduates are among the best there are, the average annual pay of $46,000 to $58,000 is going to make for a relatively arduous crawl towards millionaire status. One way to fast-track the process is to win a Nobel Prize, which confers on its recipients near infinite prestige – as well as a much more tangible $1.19 million. An even more lucrative option is to scoop the recently inaugurated Fundamental Physics Prize, which hands $3 million to each winner. Alternatively, there’s always the option to write a bestseller. Theoretical physicist Stephen Hawking’s A Brief History of Time remained on Britain’s The Sunday Times bestsellers list for an unprecedented 237 weeks, no doubt making a sizable contribution to its author’s current $20 million net worth. Hawking obtained his undergraduate degree in mathematics and physics from Oxford University in 1962 and went on to earn his Ph.D. at Cambridge.

13. Medicine

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(Video) College Majors That Create The MOST Millionaires!

Described by U.K. newspaper The Telegraph as “a long, grueling but ultimately extremely rewarding course,” medicine is not a degree for the fainthearted. Those who do undertake the training can expect to be compensated well for their troubles, though. In 2013 the salaries of U.S. physicians ranged from $174,000 to $413,000, depending on specialist field. That said, it’s interesting to note that according to a 2014 survey of over 24,000 physicians by health professionals online resource Medscape, only 58 percent of respondents said they would pick the same career path if they had to make the choice all over again – although this figure marks an improvement on the 54 percent that gave the same answer in 2011.

12. Mathematics

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The scope and variety that exists in the application of mathematics is immense, and indeed the subject underpins many of the systems and structures of society in some way. As Galileo famously once said, “The universe cannot be read until we have learned the language and become familiar with the characters in which it is written. It is written in mathematical language.” Fluency in that language, then, can be a definite advantage in a range of disciplines and fields of employment, which may go some way towards explaining why the subject produces a significant number of millionaires. Among the list of math degree holders, perhaps somewhat surprisingly, is musician and millionaire Art Garfunkel, who graduated from Columbia University with a master’s in mathematics in 1967.

11. Management

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Management is a more straightforwardly vocational subject option – and one with many practical benefits when it comes to resourcefully realizing business aims. Yet it’s also arguable that a degree in the field will, at least to some extent, help its recipients to scale the echelons of the business world. Take Alan Mulally, the recently retired Ford Motor Company president and CEO, for example. Mulally graduated in 1982 with a master’s in management from the MIT Sloan School of Management, and after taking his position at Ford in 2006, he helped the company bring in a profit once more – making it the sole leading American automaker not to need a governmental bailout in the wake of the late-2000s recession. Mulally’s job was not without its incentives, though. His total compensation package from Ford in 2013 alone exceeded $23 million

10. Politics

Politics. It’s a dirty job, but someone’s got to do it. While a degree in political science doesn’t always lead to a career spent making enemies and influencing people on the way up the political ladder, there is certainly money to be made for those who do choose such a path. The millionaire status of Barack Obama – who graduated from Columbia University with a B.A. in political science in 1983 – should come as no big surprise. The same goes for Hillary Clinton, who obtained a B.A. in political science from Wellesley College in 1969. What may raise an eyebrow or two, however, is the fact that over half the members of the U.S. Congress are millionaires as of 2013. As Josh Bivens of Washington research group the Economic Policy Institute pointed out, “Congress not only seems more responsive to policy desires of the very rich, but increasingly they are the very rich.”

9. Finance

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As well as equipping graduates with the relevant skills and learning for a career in its field, a degree in finance is a strong indication of a pre-existing enthusiasm for money matters – which may translate into higher earnings. Take hedge fund manager John Paulson, for example. Paulson graduated from New York University with a degree in finance in 1978 and attained his MBA from Harvard Business School in 1980. In 2007 he made “one of the biggest fortunes in Wall Street history,” according to Business Week, and as of 2014 his net worth is roughly $13.5 billion. Entrepreneur Mark Shuttleworth – who holds a BBusSci degree in finance and information systems from the University of Cape Town – offers an even more stratospheric example. A man with an estimated fortune of $500 million, Shuttleworth rose to international renown in 2002 as the world’s second self-financed space traveler and the first South African in space.

8. Computer Science

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The inclusion of computer science on this list is a clear indication of the juggernaut that is the technology industry. And as WealthInsight analyst Oliver Williams pointed out, “In future years, as more and more tech entrepreneurs make it big, we should expect it to move further up the list.” Google is one of the world’s biggest and most influential tech companies, and founders Larry Page and Sergey Brin both hold master of science in computer science degrees from Stanford University. Page and Brin have also each amassed net fortunes in excess of $30 billion. Enough said.

7. Accounting

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What do former mixed martial artist and Ultimate Fighting Champion Hall of Famer Chuck Liddell and adult contemporary jazz saxophone king Kenny G have in common? You guessed it: degrees in accounting – not to mention several million dollars in the bank. Liddell graduated from California Polytechnic State University in 1995, earning a B.A. specializing in business and accounting. Meanwhile, Kenny G graduated magna cum laude from the University of Washington in 1978, also with a B.A. in business and accounting. Clearly both former accounting students have deviated from their original academic paths, but as Spear’s magazine and WealthInsight have pointed out, “‘Vocational’ subjects like law and accounting also breed millionaires, though not necessarily in their [chosen] fields.”

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6. Commerce

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Commerce is a central pillar of the global economy, so it’s no great shock to learn that a degree in the subject yields a high number of millionaires. One noteworthy commerce graduate is BlackBerry co-founder Jim Balsillie, who was awarded a bachelor’s degree in the subject from the University of Toronto’s Trinity College in 1984 and has a current net worth of around $800 million. Another notable is finance, property and investment magnate Ernest Rady, who obtained a degree in commerce from the University of Manitoba and placed 365th on Forbes’ 2006 World’s Richest People list. Cold, hard cash is not the final frontier, though. Actor and millionaire William Shatner boldly took his McGill University bachelor’s degree where no commerce graduate has gone before, playing fearless Captain Kirk in the Star Trek franchise.

5. Bachelor of Business Administration (BBA)

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With a focus on giving students a general understanding of the functional aspects of a firm and how they interrelate, a bachelor of business administration (BBA) degree has a direct application for those wishing to make waves in the corporate world. This is particularly so when it comes to the development of managerial, communication and decision-making aptitude. Procter & Gamble’s North America and Global Hyper Super Mass Channel group president Melanie Healey seems to have put her 1983 degree in the subject from the University of Richmond to good use; indeed, she ranked 11th on Fortune’s 2012 50 Most Powerful Women in Business list. Another high-flier with a bachelor’s in business administration – this time received from The American University in Cairo in 1991 – is Queen Rania Al Abdullah of Jordan, whose estimated $35 million net worth is pretty good going for a self-described “mum and a wife with a really cool day job.”

4. Law

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According to a report publicized by NBC News in 2012, to be a lawyer is to be in the fifth most highly paid profession in the U.S., with practitioners – of which there were an estimated 570,950 that year – earning average salaries exceeding $130,000. Still, while many lawyers may be members of the millionaires’ club, one former law student chose an alternative route to his fortune. Author John Grisham graduated from the University of Mississippi School of Law in 1983 and went on to practice as a criminal lawyer for around ten years before drawing on his legal experience to pen the hugely popular 1989 thriller A Time to Kill. Grisham has gone on to sell upwards of 275 million books, netting himself some $200 million in the process.

3. Economics

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Study in economics produces a lot of millionaires, although as the Spear’s and WealthInsight study pointed out, such high-net-worth graduates “have often left their degree behind in professional life.” Illustrious economics degree holders include former U.S. presidents Gerald Ford, Ronald Reagan and George H. W. Bush, Hollywood legend Gene Kelly, and business super-heavyweights Warren Buffett and Donald Trump. Even Rolling Stones frontman Mick Jagger dabbled in the subject, studying at the London School of Economics in the early ‘60s. Jagger left without graduating in 1963, citing a distinct lack of satisfaction.

2. Master of Business Administration (MBA)

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As highlighted in the previous entry, holding an economics degree is not a unique identifier among U.S. presidents. Holding an MBA, however, certainly is; and you might be surprised to learn that the only president to have attained an MBA is none other than George W. Bush. Bush graduated in 1975 from Harvard Business School – which incidentally, according to WealthInsight’s data, yields the second-highest number of millionaires worldwide, bested only by Harvard University itself. Furthermore, Bush is in good company when it concerns his chosen field of study. Retired NBA star Shaquille O’Neal also holds an MBA, having achieved the qualification online in 2005 from the University of Phoenix. O’Neal afterwards described it as “just something to have on my résumé for when I go back into reality.”

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1. Engineering

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While it’s possibly not one of the most predictable entry placements on our list, engineering takes the top spot, yielding a greater number of millionaires than any other degree subject, according to Spear’s and WealthInsight. Perhaps one contributing factor is the sheer range of disciplines the field encompasses – from civil and electrical to biological and software engineering. One noteworthy millionaire engineering graduate is computing pioneer Steve Wozniak, who co-founded Apple in 1976 and later returned to school, graduating with a bachelor’s in electrical engineering and computer sciences from the University of California, Berkeley in 1986. Another notable is TV personality Montel Williams, who earned a general engineering degree from the United States Naval Academy in 1980. However, in terms of leaving a mark on history, Williams and even Wozniak are wildly eclipsed by aeronautical engineering graduate and deceased millionaire Neil Armstrong, who will always be remembered as the first person to set foot on the Moon.

(Video) Why So Many CEOs Are Engineers

(Video) 10 Degrees You Should Study If You Want To Be Rich


What degree did most millionaires study? ›

Here are 7 degrees that produce the most millionaires.
  1. Engineering. ...
  2. Economics / Finance. ...
  3. Politics. ...
  4. Mathematics. ...
  5. Computer Science. ...
  6. Law. ...
  7. MBA.

What majors do the richest people have? ›

Billionaires such as Warren Buffett, Alice Walton, and Elon Musk have degrees in economics.
  • Economics and Finance - 18.
  • Engineering - 16.
  • Computing - 12.
  • Business - 6.
  • Mathematics - 6.
  • Law - 5.
  • Science - 5.
  • Politics - 3.
Jul 19, 2022

What profession has the most millionaires? ›

In broader terms, the finance and investment profession has the most millionaires.

Do the majority of millionaires have a degree? ›

The truth. This Forbes article recently found that 84% of the top 400 wealthiest individuals in the world have, at a minimum, a bachelor's degree. In fact, 24%, almost one-fourth of this same group, have a bachelor's degree from an Ivy League school such as Harvard or Yale.

How many millionaires have MBA degree? ›

According to Wealth-X, only 22% of today's billionaires have a master's degree; 13% have an MBA and 10% have a Ph. D.; even fewer have a law degree (3%) or a degree in medicine (1%).

What majors make 100k a year? ›

Jobs that pay over $100,000 per year with a bachelor's degree can be found in several industries and sectors.
Best jobs with a bachelor's degree that pay over $100,000 per year
  • Sales executive. ...
  • Compensation manager. ...
  • Economist. ...
  • Actuary. ...
  • Risk manager. ...
  • Strategy manager. ...
  • Chief financial officer. ...
  • Loan officer.
5 days ago

What degree does Elon Musk have? ›

Musk attended Queen's University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

What degrees do most CEOs have? ›

And of course, the majority of the CEOs obtained a Master of Business Administration (MBA).
Key Takeaways
  • Undergraduate and graduate degrees are common for some of the world's top CEOs.
  • Many CEOs earn an MBA, which hones their business acumen while helping build a foundation of management and leadership skills.

What do 90% of millionaires do? ›

“90% of all millionaires become so through owning real estate.” This famous quote from Andrew Carnegie, one of the wealthiest entrepreneurs of all time, is just as relevant today as it was more than a century ago. Some of the most successful entrepreneurs in the world have built their wealth through real estate.

What course do rich people take? ›

The most common degrees held by the world's richest people per country are business and finance, economics, and engineering, while around one-quarter dropped out of their studies or skipped a university education altogether. See the full breakdown by region here.

What jobs make $1000000 a year? ›

The jobs of millionaires
  • Investment banker.
  • Certified public accountant.
  • Entrepreneur.
  • Day trader.
  • Real estate agent.
  • Engineer.
  • Lawyer.
  • Actuary.
5 days ago

Can MBA make you rich? ›

Forty percent of Forbes 400 went for them. The most popular was, unsurprisingly, MBA, with 72 of the top billionaires earning it, including 26 from Harvard Business School and 23 from Stanford GSB.

What majors do rich people do? ›

30 Most Popular Degree Majors Studied by Millionaires
  1. Engineering.
  2. Master of Business Administration (MBA) ...
  3. Economics. ...
  4. Law. ...
  5. Bachelor of Business Administration (BBA) ...
  6. Commerce. ...
  7. Accounting. ...
  8. Computer Science. ...

Do 90% of millionaires make over $100000 a year? ›

Ninety-three percent of millionaires said they got their wealth because they worked hard, not because they had big salaries. Only 31% averaged $100,000 a year over the course of their career, and one-third never made six figures in any single working year of their career.

What is the best major to make a lot of money? ›

Engineering. With focus areas including electrical, mechanical, petroleum, chemical, civil, computer, and aerospace, these majors pay well upon graduation and increase at a high rate as you gain experience over time. Check out our Engineering Degree Path for helpful tips on how to get started in this lucrative career.

What 4 year degree makes the most money? ›

30 Highest Paying Bachelor's Degrees
  • Petroleum Engineering. Early career salary: $96,742. ...
  • Operations Research. Early career salary: $74,114. ...
  • Marine Engineering. Early career salary: $70,837. ...
  • Computer Engineering. Early career salary: $80,587. ...
  • Systems Engineering. ...
  • Chemical Engineering. ...
  • Electrical Engineering. ...
  • Computer Science.

What degree is most in demand? ›

Most In-Demand Degrees
  1. Pharmacology. For a lucrative career helping people, pharmacology is at the top of the list for in-demand degrees. ...
  2. Computer Science. ...
  3. Health Science. ...
  4. Information Technology. ...
  5. Engineering. ...
  6. Business Administration. ...
  7. Finance. ...
  8. Human Resources.

What is the most valuable MBA degree? ›

Here are seven of the best MBA specializations to consider pursuing.
  1. MBA in Accounting. ...
  2. MBA in Analytics Intelligence. ...
  3. MBA in Healthcare Management. ...
  4. MBA in Human Resources Management. ...
  5. MBA in Finance. ...
  6. MBA in Management. ...
  7. MBA in Marketing.
Dec 14, 2022

Does Elon Musk have an MBA? ›

Does Elon Musk have an MBA? No.

Which MBA has the most value? ›

Traditionally, finance, marketing, HR, operations, and entrepreneurship are some of the most sought-after and the best MBA specializations and are considered safest by many students.

What profession makes $300000 a year? ›

Usually, the jobs that pay over 300k a year are in the field of medicine, finance, engineering, and management. Focus on a career in one of these areas and start paving the path to your six-figure paycheck.

What 4 year degrees make 6 figures? ›

As you start your job search, consider these six-figure jobs you can get with a bachelor's degree:
  • Financial manager. National average salary: $100,178 per year. ...
  • 2. Development director. ...
  • Aeronautical engineer. ...
  • Electronics engineer. ...
  • Sales engineer. ...
  • Security engineer. ...
  • Compensation manager. ...
  • Deputy director.
5 days ago

Which degree does Bill Gates have? ›

Bill Gates effectively invented the college-dropout billionaire trope in 1975 when he left Harvard University to found Microsoft. While Harvard eventually awarded an honorary doctorate to Gates, he never completed his bachelor's degree.

What is Elon Musk's IQ? ›

Elon's IQ is estimated to be around 155, while Albert Einstein's is 160. With such a slight margin, Musk is undoubtedly an incredibly smart person. Who is the smartest person on earth in 2022? Born in 1975 in Adelaide, Australia is a mathematician, Terence Tao with an IQ score of 230.

How many degrees does Jeff Bezos have? ›

After graduating (1986) summa cum laude from Princeton University with degrees in electrical engineering and computer science, he undertook a series of jobs before joining the New York investment bank D.E. Shaw & Co. in 1990.

Which MBA course is best for CEO? ›

Which MBA is best for becoming a CEO? A general MBA from a top business school is a good path to take for aspiring CEOs. However, if you already have a well-rounded business education, earning an MBA in finance or another relevant discipline could also be an effective approach.

What is the best master's degree to become CEO? ›

Here's a list of the most common degrees for CEOs:
  • Communications. ...
  • Liberal arts. ...
  • Economics. ...
  • Master of Business Administration. ...
  • Master of Economics. ...
  • Master of Science in Computer Science. ...
  • Master of Science in Healthcare Management. ...
  • Master of Arts in Political Science.
Jun 24, 2022

Which undergraduate degree is best for MBA? ›

A business major is a natural choice for aspiring MBA candidates. Earning a bachelor's in business prepares graduates to apply for a general or specialized MBA. Undergraduate business degrees generally offer students a choice of popular concentrations, such as human resources, accounting, or marketing.

How much cash do millionaires keep? ›

Studies indicate that millionaires may have, on average, as much as 25% of their money in cash. This is to offset any market downturns and to have cash available as insurance for their portfolio.

Where do millionaires stash their money? ›

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. There were 24.5 million millionaires in the U.S. in 2022. And only 21% of them inherited money.

What percentage of Americans have over $1000000? ›

8.8 % of U.S. adults are millionaires. 33% of U.S. millionaires are women. 76% of millionaires in the U.S. are white, and white people account for 60% of the total U.S. population. There are about 62.5 million millionaires globally, a 11.4% increase from 2020.

What is wealthy degree? ›

Comparative. wealthier. Superlative. wealthiest. The superlative form of wealthy; most wealthy.

Where do rich people graduate from? ›

Wealthy alums who attended Stanford, Rice University, Vanderbilt University and Penn also see super-fast progressions, a testament to those institutions preparing students for future work. The top 20 U.S. universities churning out the most ultra-wealthy alums: Harvard University 17,660. Stanford University 7,972.

What classes are multi millionaires? ›

Still commonly used is multimillionaire, which refers to individuals with net assets of 2 million or more of a currency.

What profession makes $500000 a year? ›

Working as an entrepreneur is one of the best careers that can help people earn over $500,000 a year because a lucrative business established in the right market at the right time can turn into a multi-million-dollar success.

What careers make 500k a year? ›

500k Salary $500,000 jobs
  • Enterprise Account Executive. Cora Systems. ...
  • Chemist Scientist I - Lab. Valent U.S.A. LLC. ...
  • Chief Executive Officer - Investment Banking. ...
  • Business Development Executive. ...
  • Head of Investment Banking. ...
  • Chemist Scientist I - Lab. ...
  • Pace International LLC - Field Service Technician. ...
  • Senior Account Manager.

What is the most fun job that pays well? ›

High Paying Fun Jobs: 60+ Fun Careers With Good Salaries
  • Video Game Designers. ...
  • Ethical Hacker. ...
  • Master Sommelier. ...
  • Professional Video Game Player. ...
  • Social Media Manager. ...
  • Content Writer. ...
  • Graphic Designer. ...
  • Digital Marketer.
Jan 30, 2023

Does MBA GPA matter? ›

Having a good undergraduate grade point average is certainly an important factor that admissions committees consider; however, GPA isn't the whole story. A strong GMAT score and evidence of relevant work experience is also very important.

Who earns the most after MBA? ›

Management Consultant: Business Consulting and Strategy Consulting are two of the most demanded jobs for MBA graduates. Forecasting trends, analyzing numbers, and pitching to clients are the core of these jobs. The average starting salary of a Business Consultant or Strategy Consultant is Rs. 1172k per annum.

Why MBA graduates are paid high? ›

Why is the MBA salary so high? MBA salaries are high due to the valuable education, experience, and specialized skills graduates possess. Additionally, MBA programs have established networks with top companies, leading to high-paying job opportunities.

Where is the safest place to put money? ›

Key Takeaways
  • Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts.
  • Deposit insurance for savings accounts covers $250,000 per depositor, per institution, and per account ownership category.

How many US citizens make 100k a year? ›

According to our extensive research: 18% of individual Americans make over $100k per year. 34.4% of US households make over $100k per year. 37% of White Households make over $100k, compared to only 22% of Black households.

What is a millionaire's best friend? ›

It may sound like an intimidating term, but it really isn't once you know what it means. Here's a little secret: compound interest is a millionaire's best friend. It's really free money.

What college do most millionaires go to? ›

1. Harvard University. At the top of the list is Harvard University, whose alumni account for 7% of the country's centi-millionaires. Some of the biggest technology bigwigs are Harvard alumni, like the co-founder of Microsoft, Bill Gates, who had a net worth of $117 billion as of February 17, per Bloomberg.

What college did most millionaires go to? ›

About 35% of U.S. residents worth more than $100 million went to one of eight American universities.
  • Harvard. 7%
  • MIT. 5%
  • Stanford University. 5%
  • University of Pennsylvania. 4%
  • Columbia University. 4%
  • Yale University. 4%
  • Cornell. 3%
  • Princeton University. 3%
Feb 22, 2023

Which MBA has the most billionaires? ›

Harvard Business School has produced 64 billionaire alumni, the most by far of any graduate business school in the world, according to a new report from Wealth-X. There is a massive gap between Harvard and even the next highest ranked business school, Stanford University, which has 23 billionaire MBA alumni.

What GPA do millionaires have? ›

According to the book “The Millionaire Mind,” the average college GPA of a millionaire was 2.9. They found no statistical correlation between economic productivity and academic performance. “Smarter” people tend to take less risk.

What is the most elite high school? ›

Most prestigious high schools in America
  1. Phillips Exeter Academy. ...
  2. Phillips Academy Andover. ...
  3. Los Angeles' Harvard-Westlake High School. ...
  4. Vegas, Nevada's Bishop Gorman High School. ...
  5. 5. California's Concord De La Salle High School. ...
  6. Santa Ana, California's Mater Dei High School. ...
  7. New York's Horace Mann School.
Jan 2, 2023

What millionaires do not have a college degree? ›

Steve Jobs, Bill Gates and Mark Zuckerberg became successful without college degrees. They dropped out of school and started their own companies: Apple, Microsoft and Facebook (Meta). While they are some of the most famous examples of reaching the highest levels of success without a degree, they are far from alone.

Are most millionaires high school graduates? ›

Eighty-eight percent of millionaires graduated from college, compared to 38% of the general population.

What college has the best alumni? ›

What are the colleges with the best alumni networks?
  • Princeton University. ...
  • Stanford University. ...
  • Harvard University. ...
  • Amherst College. ...
  • Brown University. ...
  • Dartmouth College. ...
  • Rice University. ...
  • Duke University.
Oct 24, 2022


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