Choosing a degree can be a daunting task, but knowing which majors are in high demand can make your decision easier. Whether you’re a recent high school graduate or considering a career switch, selecting a degree that aligns with industry demand increases your chances of landing a lucrative and fulfilling job.
Generally, students take up the course and major based on various reasons, such as location, budget, interest, etc. Now, I will be writing on the 10 best degrees that are highly demanding degrees in the world and how your career can be overlooked from that perspective depending on how much you will be earning, your potential career growth, your scope in business, and much more.
Key Points
- Business graduates have multiple career paths with high pay, while healthcare administration offers strong job growth of 28% by 2032.
- Degrees in IT, computer science, and engineering are booming due to tech advances and infrastructure needs.
- Math and statistics degrees are valuable for careers like data science and actuarial analysis, with 30% job growth expected by 2032.
- Nursing and medical assisting are in demand due to aging populations, with nearly 200,000 nursing jobs opening annually.
- Architecture and hospitality degrees offer stable careers, with 5% growth for architects and 7% for hospitality managers expected by 2032.
Top 10 Best Degrees That Are Highly Demanding
Let’s take a look at the top 10 degrees that are highly demanding in no particular order:
#1. Business
If you have a knack for strategic thinking and leadership, a business degree might be your ticket to a promising career. A major in business equips you with a comprehensive understanding of core business principles like management, marketing strategies, financial analysis, and economics.
This versatile degree can open doors to multiple sectors, including finance, marketing, human resources, and entrepreneurship. Whether you dream of becoming a top executive or a marketing manager, the demand for business graduates remains robust. In fact, the Bureau of Labor Statistics (BLS) projects the creation of over 900,000 business-related roles annually, making this a top choice for students who want flexibility and a high earning potential.
#2. Healthcare Administration
If you’re interested in the healthcare sector but prefer the managerial side, a healthcare administration degree might be your perfect fit. As healthcare services continue to grow, the need for effective management of healthcare facilities is on the rise.
With a degree in healthcare administration, you will be well-equipped to manage hospitals, clinics, or nursing homes, ensuring they run efficiently. The BLS projects a 28% growth rate in medical and health services management roles between 2022 and 2032. In terms of salary, healthcare administrators earn a median annual income of 168.5 million naira ($104,830), making this a lucrative career option.
#3. Mathematics and Statistics
As data continues to drive decision-making across industries, degrees in mathematics and statistics are becoming increasingly valuable. Graduates with these skills are highly sought after for positions such as data scientists, actuarial analysts, and cryptographers.
The BLS projects a 30% growth in jobs for mathematicians and statisticians from 2022 to 2032, far outpacing most other professions. On top of this, graduates in these fields can expect competitive salaries and a variety of job opportunities in sectors ranging from finance to healthcare and even government.
#4. Nursing
Nursing has long been a staple in the healthcare sector, and demand for registered nurses is projected to grow steadily. With an aging population and a rise in chronic illnesses, the need for qualified nurses is higher than ever.
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A degree in nursing not only prepares you to provide patient care but also positions you for long-term job security. The BLS forecasts that registered nurse positions will grow by 6% between 2022 and 2032, with nearly 200,000 new job openings each year. Whether working in hospitals, clinics, or specialized care centers, nursing offers a rewarding and in-demand career path.
#5. Medical Assisting
For those who are interested in healthcare but prefer a supportive role, a degree in medical assisting is an excellent choice. Medical assistants are critical to healthcare teams, providing both clinical and administrative support.
The role of a medical assistant is diverse, covering tasks such as assisting with patient exams and managing medical records. The BLS estimates a 14% growth in jobs for medical assistants from 2022 to 2032, making this one of the fastest-growing professions in healthcare. It’s an ideal major for those seeking a quick entry into the healthcare field with ample opportunities for growth.
#6. Information Technology
The rapid advancements in technology have driven the demand for IT professionals through the roof. A degree in information technology can prepare you for a career in software development, cybersecurity, network administration, and much more.
Roles like information security engineers are expected to see a growth rate of 32% from 2022 to 2032, according to the BLS. Additionally, software developers and quality assurance analysts will continue to be in demand, with an expected growth rate of 25%. If you’re interested in working in a field that’s constantly evolving, IT is a smart investment.
#7. Computer Science
If you have a passion for technology and problem-solving, a degree in computer science can be your gateway to an exciting career. As companies across the globe continue to rely on software and data solutions, the demand for computer science graduates remains high.
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The BLS projects a 22% growth rate for software developers between 2022 and 2032, reflecting how essential technology is becoming across various industries. Whether you’re interested in software development, system architecture, or artificial intelligence, a degree in computer science offers endless possibilities with high earning potential.
#8. Engineering
Engineering encompasses a broad spectrum of specializations, from civil and mechanical to electrical and environmental engineering. Engineers play an essential role in designing, building, and maintaining the infrastructure and technologies we rely on every day.
With an expected 188,000 new positions created annually, engineering graduates are in high demand. As of May 2022, the median yearly income for engineers was 134.5 million ($83,700), significantly higher than the average across all professions. Whether you’re developing green energy solutions or creating cutting-edge technology, engineering remains one of the most versatile and rewarding degrees. Engineering courses such as aeronautical engineering, computer engineering, and chemical engineering are considered among the 10 best degrees that are highly demanding.
#9. Hospitality
For those who love providing exceptional customer experiences, a degree in hospitality management can open doors to exciting opportunities. From hotel management to event planning and tourism, this degree equips you with skills like customer service, operations management, and financial planning.
With a projected 7% growth for hospitality managers, you can expect stable job opportunities in this vibrant industry. The transferable skills you gain in hospitality programs will allow you to succeed in various sectors beyond the traditional hotel and restaurant jobs.
# 10. Architecture
Architecture combines creativity with technical expertise, offering graduates the chance to design and plan buildings that shape our cities and communities. Whether you’re interested in residential, commercial, or public architecture, this degree can lead to a fulfilling and lucrative career.
The BLS projects a 5% growth in architecture jobs between 2022 and 2032, with about 8,200 new roles anticipated annually. With a median annual salary of 133.1 million naira ($82,840), architecture offers a career that is both financially rewarding and creatively satisfying.
Here is a FREE template that will help you further during this process:
Job Application Guide Template for High-Demand Careers.PDF
What Degree Do Most CEOs Have?
Economics, business administration, and engineering are the most popular subjects studied by top CEOs. On average, 34.6% of top CEOs have a master’s or doctorate degree. 22.3% of top CEOs have a Master of Business Administration (MBA); 16.4% of top CEOs studied abroad.
Who Has the Lowest Salary in the World?
The Central African Republic has among the lowest minimum wage in the world, at 218.75 CFA Francs per hour, which is equivalent to 36 USD per hour. In Kyrgyzstan, the minimum wage was updated in 2024 and is among the lowest in the world, at 2,460 Kyrgyzstani SOM.
Which Country Pays the Highest Salary per Hour?
The country that currently has the highest minimum wage in the world is Luxembourg. For skilled workers aged 18 and above, employers have to pay an hourly minimum wage of 31,800 naira (EUR 17.83). The monthly minimum wage, meanwhile, stands at 5.5 million naira (EUR 3,085.11) and 4.6 million naira (EUR 2,570.93) for unskilled workers over 18.
Which Degree Is Best for the Future?
Degrees related to technology, such as computer science, information technology, or engineering, are excellent choices for the future. These fields consistently require skilled professionals, and job growth projections indicate a strong demand for graduates with these degrees.
Conclusion
Selecting a degree with high demand is a strategic move that can help ensure your long-term career success. Whether you’re drawn to healthcare, business, technology, or creative industries like architecture, the degrees listed above offer promising prospects in today’s job market. Each major comes with its own set of opportunities and challenges, but with the right preparation and dedication, you’ll be well-positioned for a bright future.
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Reference
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