Updated September 2021 Are you preparing to enter college at some point this year? If so, then you’re likely trying to determine which course of study you should take or what type of degree to pursue. Perhaps you’re just about ready to finish up your university studies and you’re wondering what the job market has in store for you? It’s a fact of life that some degrees carry a lot more weight than others and some industries have many more possibilities than others. But what’s the best college degrees in 2021? Let’s see…
WORKFORCE NEED IS ALWAYS CHANGING
Things can change fast in the business world as trends and technologies are always in flux. However, the bottom line is if you want to increase your chances of being gainfully employed after graduation, these are the most sought- after types of degrees in the workforce currently. You want to maximize the return on your college investment. According to the results of a survey by the National Association of Colleges and Employers (NACE), the companies questioned shared which type of educational backgrounds or degrees were the most appealing to them. Here’s what they had to say.
DEGREES MATTER
The most sought-after degrees are:
- Finance– finance, insurance and real estate, government and retail trade)
- Accounting– (government finance, insurance and real estate, and misc. manufacturing)
- Mechanical Engineering – (miscellaneous manufacturing, chemical pharmaceutical manufacturing and computer and electronic manufacturing)
- Computer science– (information, misc. professional services and retail trade)
- Business administration/management– (all business majors)
The most popular choice, however, was anyone with a bachelor’s degree in finance, with 87 of the responding companies choosing that degree. Another important number from the study suggest that without some kind of degree finding a job will likely be more difficult, as 98 percent of the companies said they expect to hire people with at least a bachelor’s degree. Another 75 percent said they planned to hire candidates with master’s degrees, with MBAs being the most sought-after course of study.
OTHER TOP BACHELOR’S DEGREES
According to NACE, Bachelor’s Grads were expected to account for 83 percent of Hires in 2020. And currently Engineering majors of all kinds are most in demand. If you’re not into finance or business, there are some other popular choices as well, including bachelor’s degrees in economics, which came in at number 10 on the list. Other good career choices included electrical engineering, logistics/supply chain, information sciences & systems, management information systems, mechanical engineering, and computer science.
POPULAR MASTER’S DEGREES
Meantime, if you’re going to pursue a master’s degree or you will earn one later this year and want to know what your job prospects are looking like, here are 10 master’s degrees most attractive to employers.
Accounting, Computer Science, Dietetics and Nutrition, Human Resources, Library Science, Mechanical Engineering, Mathematics and Statistics, Nursing, Public Health and Software.
We hope you found this article about The Most Attractive Degrees in 2021 helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or www.Groco.com. Unfortunately, we no longer give advice to other tax professionals gratis.
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