 I've got the seven most useful college majors where you can earn six figures and in some cases you can do it in your very first job right out of college like I did. And the first one on the list is going to be a tie between statistics and mathematics. So I know the moment you hear mathematics you're probably going to be afraid but I found this really good quote it's mathematics is not about numbers equations computations or algorithms it's about understanding this is by William Paul Thurston so the way you think about mathematics is it's kind of like a swiss army knife right a swiss army knife has multiple tools that can be used for many different purposes and in the same way mathematics has a wide range of techniques that can be applied to many different fields so whether you're interested in business finance computer science engineering or even art mathematics has something to offer so for instance there was a mathematician named James Simons who became one of the most successful hedge fund managers on wall street so let's go ahead and look at the statistics with this one I'm not going to spend too much time on it but I am going to use these statistics from my college degree ranker and this is the newest 2023 version of the college degree ranker so the early career pay is going to be $57,000 the mid career pays around 102,000 the demand score is off the charts at 120 out of 100 and the meaning is about 45 percent which is decent and the total amount of bachelor grads per year is about 17,000 so let's quickly talk about the pros and the cons of getting a mathematics or statistics degree so first of all your skills are going to be very versatile mathematics and statistics related skills can be used in just about every business just about every industry out there there's also a high demand for your skills there's not that many people who are good at mathematics and if you are good at it and especially if you like doing it this can be great and the salaries tend to be really competitive so if you are really good at mathematics especially if you specialize in a certain industry or a business you can get paid really well now let's talk about some of the cons so there are limited job opportunities for doing purely mathematical related things so typically you're going to be using your math skills but you're going to be using it in such a way where you're probably not challenging yourself nearly as much as what you studied in school speaking of studying in school that's another con is that mathematics is relatively difficult it's probably one of the hardest degrees and the third con is of course that a lot of people do not like mathematics so of course if you don't like math do not get a mathematics degree overall mathematics degrees do offer quite a bit so you're going to learn versatile skills you're going to have high demand you're going to have really good personal satisfaction and it's going to teach you how to accurately count all the times that you smash the like button on my videos number six on the list is going to be another tie it's going to be between accounting and finance now accounting and finance are both going to have to do with the financials of a company but typically accounting is going to look at the ins and outs that happened in the past whereas finance is going to try to predict or model the ins and outs that are going to happen in the future so accounting tends to be a little more versatile there's typically more accounting jobs but finance jobs tend to be higher paying but they're also more competitive and there's definitely some downsides and i really like this quote by warren buffett it goes the stock market is a device for transferring money from the impatient to the patient and i definitely agree with that as messed up as it is i wish it wasn't like that but that is absolutely true all right so let's look at the stats really quickly the early career pay is about 55,000 mid career pays 98,000 the demand score is going to be 133 out of 100 which is amazing the meaning is 40 which is on the lower side and the bachelor grads per year is about 37,000 and this is for the finance degree i'm just using that one as an example but the accounting degree has really good stats as well so some of the pros of getting an accounting or a finance degree would of course be high earning potential especially with a finance degree you can make a ton of money but even with an accounting degree there are positions out there where you can make a lot of money for instance i interviewed bill hannah the financial controller on this channel and he makes i believe well over 250,000 a year and he got an accounting degree the second pro is there is a wide range of career options just about every industry every business out there needs an accountant so if you get into accounting you don't like the specialty that you chose it's very easy for you to switch into a different type of specialty or if you don't like the business that you work for it's going to be very easy for you to go to a different company and then the third pro here is going to be transferable skills so when you get an accounting degree for instance you are going to learn how to manage your money you're going to learn all about how money works and that is going to help you in your personal life as well so people who get accounting degrees tend to be really good when it comes to financial management things like investing saving making good financial decisions so some of the cons of getting specifically a finance degree are going to be intense competition and this goes for you if you get an accounting degree and then you try to go for some of the more competitive jobs as well but yeah the finance industry is highly competitive it's kind of like a winner takes all zero-sum game type of industry so there are people who work in finance that make tens of millions sometimes even billions of dollars a year there's hedge fund managers that make billions of dollars a year and then there's a ton of people who work in finance that don't last very long and then the second con is long work hours if you're going to be working in finance chances are you're going to be working 60 to 80 maybe even more hours per week and then the and then the third con is the stressful work environment and the risk of burnout number five on the list is going to be management information systems now this one is technically a business degree but it is a business degree that has technology related aspects to it and it tends to specifically focus on information aka data and I've talked a lot on this channel about how data is more valuable than even oil or gold and it's definitely kind of messed up how they've been collecting our data without our consent like basically semi illegally but they're you know no one's probably going to get in trouble for it but they definitely were not supposed to do it but they did it anyways but yeah that's a topic for a different video so MIS is basically kind of like a company's GPS right so just like a GPS is going to guide you to your desired location in the most efficient way possible MIS is going to help you use data to run your company in the most efficient way possible so when it comes to the stats MIS is really solid early career pay is going to be about 60,000 mid-career pays 105,000 the demand score is 113 out of 100 which is great and the meaning is 42 percent which is relatively good for business degrees because they tend to be a little bit low and then the amount of bachelor grads per year is a little over 7,000 so some of the pros of getting an MIS degree first of all you are going to have a super flexible skill set right when you learn about business and technology that's such a rare combination and just about everybody out there is going to need that skill set it also has really high demand there's great career opportunities the salary is really competitive it's a constantly evolving field and there tends to be high job satisfaction some of the cons of getting an MS degree is the fact that you are going to have to learn some really technical skills it also tends to be a fast paced environment there is a risk of burnout and because of the fact that you're kind of working with data it is relatively limited when it comes to creativity now one thing I will say about technology related careers is a lot of the time you can get into them without a college degree now that doesn't mean college degrees are scams by any means they can help people get into it but you do have to take it on a case-by-case basis because for some people going to a bootcamp getting a certification maybe you know doing self-training even can be a good idea for instance I've interviewed a ton of people on this channel that have gotten entry-level technology related jobs like James for instance who was able to get a job in two weeks and he didn't even have access to a computer he literally used an iPad and I will link that so you can check it out if you want to number four is going to be computer science and this is one of the best degrees out there and computer science of course would lead you to going into software development and there's a quote by Steve Jobs where he basically says everybody in this country should learn to program a computer because it teaches you to think and computer science really is like a toolbox that is filled with many different versatile tools and these can be used to solve complex problems but with that being said you definitely do have to know your stuff it used to be you could get into software development basically knowing nothing as long as you kind of networked and now you do actually have to know your stuff you have to actually know how to be a software developer you know there's a really good quote by Pablo Picasso where he basically says computers are useless they can only give you answers and that's actually a really deep quote because basically what he's saying there is where real intelligence lies is asking the right questions and if you don't ask the computers the right questions then you're not going to get good answers right garbage in garbage out and this is why with chat gpt for instance everybody's freaking out about this thing called prompting and prompting what it essentially is is asking the right questions and when you ask it the right questions you're going to get better answers now when it comes to the stats here this is actually my number one degree out of like 900 degrees on my college degree ranker so the early career pay is going to be about 68 000 mid-career pays 114 000 the demand score is absolutely off the charts at 154 the meaning is 41 percent which is kind of normal for technology related degrees and the number of bachelor grads per year is about 23 000 so some of the pros of getting a computer science degree i mean there is a lot of pros i mean high demand uh competitive salary versatile skills creativity access to benefits that you can get when you work in technology that you probably aren't going to get in any other industry i mean the list really goes on and on and on some of the cons of a computer science degree is first of all the curriculum is extremely challenging it is one of the harder degrees another con is the technology is constantly changing another con is the job market has gotten more competitive you really do need to know your stuff and you need to specialize to get a job in software development and another con is it is a relatively sedentary lifestyle so you're going to be sitting on your computer typing quite a bit also many software developers find their job to be relatively boring because they'll typically do like one to three hours of work and then they have nothing to do for the rest of the day which is a quality problem to have and i made an entire video about whether a computer science degree is worth or not you can definitely check that out so if you find videos like this informative by the way definitely share this with friends and family that is one of the main ways that people actually find my channel is people find it extremely informative they think it's super valuable because nobody else is really doing this this is kind of the channel that i wish that i had at 18 for instance and so they'll share it with their friends or their family whenever they see somebody who needs to see it number three on the list is going to be industrial engineering and this is actually one of my favorite engineering degrees and there's a great quote about industrial engineering which is industrial engineering is not just about manufacturing it's about improving any system including healthcare finance and even entertainment this quote is from lisa bosman who is the president of the institute of industrial and systems engineers industrial engineering is basically a combination of engineering and sort of a logistics slash operations management type role and an industrial engineer is kind of like the conductor of an orchestra just how a conductor coordinates different musical instruments to make a beautiful symphony industrial engineers are going to coordinate the different aspects of a system in order to optimize its performance so the stats here are really good as well so early career pay is 67 000 a year mid-career pays 110 000 demand score is really good at 101 out of 100 meaning is 46 percent and the bachelor grads per year is about 5000 so some of the pros here are going to be high demand diverse job opportunities high earning potential problem solving skills and continuous learning i guess the continuous learning could be a pro or a con depending on your perspective some of the cons here are there is a very high academic demand engineering school is no joke the workloads can also be relatively heavy there can be high stress levels as well there is limited creativity in this career and you're going to have limited interaction with other people next one on the list number two is going to be mechanical engineering and a really good quote here is mechanical engineering is the basis of all engineering it provides the background for understanding and designing everything from tiny micro mechanical devices to large systems such as spacecraft and this was actually from the lead of the mars rover project whose name is adam steltsner so mechanical engineering is basically the backbone of modern technology just as the backbone provides stability and support in the human body mechanical engineers design and build structures and systems that power the world so the stats on this one are really good as well 66 000 early career pay 110 000 mid career pay the demand score is 105 the meaning is 51 percent and the bachelor grads per year is 32 000 so some of the pros of getting a mechanical engineering degree are going to be job opportunities lots and lots of job opportunities i mean mechanical engineer that skill set is incredibly flexible right and that is the next pro which is a flexible skill set you also have high earning potential you can make a lot of money as a mechanical engineer or in careers related to mechanical engineering i've talked about this before on the channel but engineers over a lifetime make the most money out of any type of degree another pro is innovation mechanical engineers are great at innovating and you know coming up with creative solutions to different problems that people are having in the world some of the cons are of course the challenging coursework uh engineering school is no joke like i said engineering degrees are incredibly difficult another con is engineering jobs especially at the entry level do tend to be relatively competitive there's also a high level of responsibility the work hours can also be long and you have limited creativity the next one on the list is going to be a nursing degree or any other healthcare related degree and nurses are basically like the foot soldiers of the healthcare system right there in the trenches helping people out with their own hands and the stats on this one are great so early career pay is 60 000 mid career pay is 79 000 but keep in mind a lot of nurses work part-time so it's probably in reality a lot higher than that the demand score here is off the charts at 135 the meaning is off the charts at 83 percent and healthcare related degrees tend to be very high and there are 134 000 bachelor grads per year so the pros of getting a nursing degree is there's very high demand the salary is also really good the job satisfaction does tend to be relatively high especially in the long run because of the fact that you're helping people out so much nursing also tends to be one of the most versatile healthcare professions and there's also opportunity for continued learning as well as career advancement within nursing some of the cons of nursing is it tends to be extremely physically and emotionally draining there's also quite a bit of educational and training requirements sometimes the hours can be really weird so you might be working like 12 hour shifts and that could be a pro or a con so for instance when i was in healthcare i absolutely loved 12 hour shifts because they felt about the same as eight hours to me another con is you have to deal with a bunch of red tape right the government has certain regulations they might make you do things that you don't enjoy like in the you know whole cough cough situation that happened i think we all knew that the government had no idea what they were doing and it was absolutely ridiculous but you couldn't really say anything and there is potential for high levels of burnout click on this video right now to check out my ultimate guide to choosing a college degree