Bankrate.com did a study about the most valuable college majors.
The best one was Actuarial Science (which at SUU is housed in Math, but at most schools is part of MIS in the business college).
The best business major was finance, tied at # 9.
The best social science major was economics, tied at # 16.
This is a pretty good study (unlike the flimsy ones you often see in the media). It ranks 162 majors (more than SUU actually offers), based on 2016 Census bureau data. And it doesn’t just look at the incomes of those who are employed. It also looks at how many people are unemployed within the field, as well as how many had to get a graduate degree to be paid as well as they are. That’s important: economists actually get paid more than those from Actuarial Science or Finance, but economists have more graduate degrees to get there.
This blog is primarily used for ECON 3020, which is 1) required for economics majors, 2) the most popular upper level elective for finance majors, and 3) has a dose of Actuarial Science majors scattered in.
Hat tip to my former Ph.D. students Hermann Sintim-Aboagye. He’s also my co-author, but that page doesn’t list my name (grumble grumble).
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