The cost of living that is continuously on the rise calls for job stability and fulfillment. Considering mortgages, student loans, and other day-to-day living expenses, “minimum wage” just won’t cut it! If like many, you aspire for high-paying jobs, it is critical to take into account not only your pay and bonuses but also employment benefits and opportunities for career advancement.
The U.S. Bureau of Labor and Statistics determined in a survey that the country’s overall employment rate declined to 3.5%, and the total non-farm payroll employment rose by 136,000. The employment outlook shows a lot of promise as well, with work opportunities projected to grow by 8.4 million from 2018 to 2028.
One of the best stepladders for landing the career of your dreams is to earn a college degree. While employers accept skilled workers without a degree, many professions prefer applicants who have attained higher education.
The Link Between Higher Education and High-Paying Jobs
Although vocational and trade occupations are popular all over the country, jobs that pay well tend to require a college degree. It affords students a competitive edge when it comes to employment opportunities. Many employers want their new hires to have formal education and training, ensuring their capability to make a valuable contribution to the company.
Do employers want skilled and competent workers who are degree holders? A Labor Statistics study reports that 174 occupations typically require a bachelor’s degree for entry-level positions. These job posts are expected to grow by 10%, faster than the 7% average projected for all occupations.
While you can land a lucrative job minus the college route, many occupations are too specialized that they need at least a four-year degree. As technology advances, people need to work on being flexible in mastering the new tools at their disposal. Generally, going to college is equivalent to being better-trained and more knowledgeable—these are perceived as critical to fulfilling job roles.
How to Find the Highest Paying Career
Choosing a career path and deciding on a degree can be intimidating and often overwhelming. From college tuition costs to the degree’s job’s market value, there is literally a world of factors to consider. It’s not uncommon for students to have issues making up their minds about the college degree to pursue; the future seems so uncertain for them.
Generally, college students ask, “Will my degree and skills in my area of discipline remain valuable for a long time? Will it pay well?”
To land a high-paying job, you must be educated and trained in a high-paying field. Determining which industries pay the highest salaries is a massive step toward choosing the best college degree for you. It is equally important to choose an accredited college or university to raise your chances of making it in your dream career.
Pursuing graduate studies also pays off as it enhances your credentials and raises your chances of career advancement.
Job Opportunities by Career Field
From business to healthcare and technology, a college education is a must. A college degree is not only integral to employment; it is also good leverage for just compensation and benefits.
Job employment opportunities in the field of business are abundant. Positions like market research analysts and marketing specialists are projected to have more openings on average in the period of 2016 to 2026. These occupations require a bachelor’s degree.
Engineering and architecture occupations are also quite in-demand. At the very least, a student must have earned a bachelor’s degree to qualify. The same is true for financial occupations like that of accountants and auditors. It has the most openings annually, as projected by the BLS.
Let’s explore the best-paying jobs for college graduates!
- Electrical Engineer
- Product Manager
- Actuary
- Software Engineer
- Chemical Engineer
- Nuclear Engineer
- Optometrist
- Data Scientist
- Political Scientist
- Physicist
- Lawyer
- Financial Manager
- Pharmacist
- Flight Engineer
- Petroleum Engineer
- Architectural and Engineering Manager
- Pilot
- Marketing Manager
- Prosthodontist
- Dentist
- Nurse Anesthetist
- Pediatrician
- Chief Executive Officer (CEO)
- Psychiatrist
- Orthodontist
- Obstetrician-Gynecologist
- Oral and Maxillofacial Surgeon
- Plastic Surgery
- Anesthesiologist
- Radiologist
- Cardiologist
Electrical Engineer
Electrical engineers are responsible for designing, developing, and testing electrical devices and equipment. This includes communications systems, power generators, motors and navigation systems, and electrical systems for automobiles and aircraft. They also oversee the manufacture of devices, policies, and equipment. Most electrical engineers are required to design and implement complex industrial, commercial, and domestic electrical systems.
Other responsibilities include accomplishing engineering tasks like operating a computer-assisted design or engineering software and equipment. They sometimes need to consult with customers, engineers, and other professionals to discuss potential engineering projects. They also have to ensure that installation and operations meet the required standards and customer requirements through preparing electrical systems specifications, technical drawings, or topographical maps.
Electrical engineers may sometimes write reports and compile data about their existing and potential projects. They also estimate labor, material, and construction cost, which is needed for budget preparation.
Most electrical engineers work for telecommunications, engineering, computing, and utility companies. They also work for consultancies and the armed forces. Typically, they render 40 hours a week, but extra hours are not uncommon due to the need to meet deadlines or resolve design difficulties. Other companies, however, offer flexible working schedules.
Unlike other professions, the job outlook for electrical engineers is predicted to grow slowly, at 2%, from 2018 to 2028. There are presently 330,300 electrical engineers in employment.
How Much Does It Pay?
Electrical engineers are expected to receive around $99,070 per year on average or $47.63 per hour. Depending on the employer, they can receive common benefits package like health and life insurance, retirement plans, and paid vacation.
Suggested Degrees:
- Bachelor of Electrical Engineering
- Master of Engineering in Electrical Engineering
Product Manager
Product managers are responsible for communicating the vision of the highest-level executives to the implementation and the development teams. They consider various factors to determine and plan how to move a project. They must increase the profitability of existing products while, at the same time, coordinate the development of brand new products. One of the tricks they have under their sleeves is using previously acquired contacts to develop new ideas for a more profitable endeavor.
Effective and successful product managers usually have the following qualities:
- Excellent problem-solving skills
- Exceptional verbal and written communication skills
- Interpersonal and people management skills
- Organized nature
- Advanced motivational and self-motivational skills
- Goal-oriented
- High resistance to stress
- Advanced knowledge of finance and marketing
- Industry contacts
According to the Bureau of Labor Statistics, there is an estimated growth of 9% by 2024 concerning employment for product managers. This projection puts product managers slightly above the national average. The expected increase is due to the continuous fall and formation of businesses, generating a lot of open positions for product managers.
How Much Does It Pay?
The average annual salary of product managers is $101,615, and the typical tenure for such a position is one to three years.
Suggested Degrees:
- Bachelor’s in Business
- Bachelor’s in Communications
- Bachelor’s in Marketing Economics
- Master’s in Marketing
- Doctor of Marketing
- Bachelor’s in Public Relations
- Bachelor’s in Advertising
- Bachelor’s in Management and Statistics
Actuary
In general, actuaries examine the financial costs involved in risk and uncertainty in many forms. They assess the risk of potential events to help businesses and clients develop policies that minimize the cost of risk. Actuaries are essential to the insurance industry, so graduates who want one of the highest paying jobs out of college, they can pursue this profession.
Actuaries utilize database software to compile information. Using advanced statistics and modeling software, they can forecast the probability of an event occurring. Afterward, they can calculate the potential costs of the event and determine whether the insurance company has enough money to pay future claims.
Actuaries usually find themselves working in a team. They work hand in hand with managers, accounts, and underwriting and finance professionals. When they forecast demand for new products, actuaries usually work with market research analysts. And when they set the price for security offerings, they have accountants and financial analysts in their team. In insurance companies, actuaries help design policies and determine the premiums for each policy. They ensure that they design premiums that are profitable and competitive.
There were about 25,000 actuaries in 2018 working in the finance and insurance industries. They provided professional, technical, and scientific services, as well as managed companies and enterprises. They also worked for the government. The demand for actuaries is projected to grow by 20% from 2018 to 2028.
How Much Does It Pay?
The median annual salary of actuaries is $102,880. The wages vary depending on the actuary’s years of experience, industry, location, and responsibilities. Experienced actuaries can earn from $150,000 to $250,000 annually — some even more. Other compensations include merit increases (for when they gain experience and pass the actuarial examinations), cash bonuses, salary increases, and promotions. The US is expected to need 10,000 actuaries over the next ten years.
Suggested Degrees:
- Bachelor of Science in Actuarial Science
- Bachelor of Economics
- Doctor of Economics
- Bachelor of Arts in Finance
- Doctor of Finance
- Bachelor of Science in Statistics
- Bachelor of Science in Mathematics
- Bachelor of Science in Computer Science
Software Engineer
Software engineering is a discipline for software developers. They are the masterminds and the creative gears behind computer programs. They create applications focusing on specific tasks on a computer or another device. They also improve the main systems that run the devices or control networks.
Software developers oversee the development process for a software program. Their process usually starts by asking how the customer plans to use the software. In asking this question, they can identify the core functionality that users need from software programs. They also determine other functions based on the level of security and performance needs as requirements for the system they are designing. After finishing their program design, they give it to the programmers for them to build.
Software developers with more responsibilities—such as supervision of a software project from the planning stages through implementation—are given a different title. They are also called information technology or IT project managers. They monitor the progress and ensures that the project meets deadlines, standards, and cost targets. IT project managers who are in charge of an organization’s IT department or policies are included as one of the computer and information systems managers.
There were about 421,300 software developers in 2018, and the largest employers were computer systems design and related services, manufacturing, finance and insurance, software publishers, and engineering services. The demand for software developers is expected to grow by 21% from 2018 to 2028, making it one of the best jobs out of college for graduates.
How Much Does It Pay?
The median yearly salary for software developers is $103,620, and the typical tenure for a software engineer is one to three years. The most common benefits they receive are health insurance, 401(k), paid time off, dental insurance, vision insurance, tuition reimbursement, life insurance, disability insurance, flexible schedule, parental leave, referral program, and commuter assistance.
Suggested Degrees:
- Bachelor of Software Engineering
- Bachelor of Science in Information Technology
- Doctor of Information Technology
- Bachelor of Computer Science
- Master’s of Computer Science
- Doctor of Computer Science
- Bachelor of Computer Information Systems
- Bachelor of Computing
- Bachelor of Applied Computing
- Bachelor of Computer Engineering
- Bachelor of Computer Applications
Chemical Engineer
Knowledgeable in the principles of chemistry, biology, physics, and mathematics, chemical engineers are tasked to solve chemical production problems. It is also part of the job of designing processes and equipment for large-scale manufacturing. Most of the time, they also need to plan and test methods of manufacturing products, treat byproducts and supervise production.
Most research is done to develop new and improved manufacturing processes. Chemical engineers also apply their knowledge to establish safety procedures for those working with potentially dangerous chemicals. In case of problems in the manufacturing processes, they come to the rescue and do troubleshooting. They evaluate equipment to ensure their compliance with safety and environmental regulations.
There are various specializations available for chemical engineers. Some of them are the oxidation process and polymerization. Chemical engineers also specialize in the field of nanomaterials.
Chemical engineers are expected to be aware of all the aspects involved in the manufacture of chemicals, drugs, and other products, including the effects of the process in the surrounding environment and the workers and consumers.
Most chemical engineers work between 35 to 40 hours, but there are instances when they must put in extra hours to meet production deadlines. It is common for them to work in shift patterns, especially in the case of manufacturing organizations, with a 24/7 production cycle. They work in offices and laboratories, spending a lot of their time in industrial plants, refineries, and other operating locations.
How Much Does It Pay?
On average, chemical engineers receive a median pay of $104,910 annually or the equivalent of $50.44 per hour. The generous benefits package is provided for them as well, including life and health insurance, retirement plans, and paid vacations.
Suggested Degrees:
- Bachelor of Science in Chemical Engineering
- Master of Science Science in Chemical Engineering
- Doctor of Science Science in Chemical Engineering
Nuclear Engineer
The primary responsibility of nuclear engineers is to develop procedures and instruments to derive benefits from nuclear energy and radiation. They often find other industrial and medical uses for radioactive materials as nuclear power sources for ships or spacecraft or equipment used in medical diagnosis and treatment.
Nuclear engineers are also useful in the medical field. They are at the forefront of developing uses of nuclear material for medical imaging devices like positron emission tomography (PET) scanners. They can also design cyclotrons, which produce a high-energy beam that the healthcare industry uses to treat cancerous tumors.
There were about 17,700 jobs for nuclear engineers in 2018, and the largest employers were electric power generations, the federal government (excluding postal service), scientific research and development services, manufacturing, and engineering services.
The working environment of nuclear engineers is usually in offices, power plants, federal government buildings, or for consulting firms. Most of them work full-time, and their schedules vary depending on the industry they are in. The other professions they work with are mechanical engineers and electrical engineers.
The employment status of nuclear engineer shows little or no change from 2018 to 2028. There are an estimated 17,700 current nuclear engineers in the US, and the job market is expected to grow by 4.0% between 2016 and 2026.
How Much Does It Pay?
The median annual pay for nuclear engineers is $107,600. Their salary ranges depending on factors such as position, education, certifications, additional skills, and years of experience. There is an expected demand of 5,300 nuclear engineers in the US over the next ten years.
Suggested Degree:
Bachelor’s Degree in Nuclear Engineering
Optometrist
Optometrists check the eyes and other parts of the visual system. They diagnose and treat visual problems as well as manage diseases, injuries, and other disorders of the eyes. They are qualified to prescribe eyeglasses or contact lenses. Their duties include performing vision tests and analyzing results; diagnosing sight problems like nearsightedness or farsightedness and eye diseases like glaucoma; prescribing glasses, contact lenses, and other visual aids; if allowed by state law, prescribing medications; performing minor surgical procedures to treat visual health issues; providing treatments like vision therapy and rehabilitation, provide pre- and postoperative care to patients; evaluating patients for diseases and conditions; and promoting eye and general health by counseling patients.
Most optometrists are self-employed and work in independent offices. Other job options for optometrists include doctors’ offices and optical goods stores. Their work schedules vary from doctor to doctor.
The employment of optometrists is expected to grow 24% from 2012 to 2022, much faster than the average for all occupations. But since it is a small occupation, a 10-year period will only have about 8,100 new jobs for future optometrists.
How Much Does It Pay?
The median yearly wage for optometrists is $111,790. This salary can vary depending on essential factors like the optometrist’s education, certifications, additional skills, and experience in the profession.
Suggested Degree:
Doctor of Optometry
Data Scientist
To become a data scientist, you must have a strong foundation in multiple areas of study, such as mathematics, computer science, and software engineering. It’s challenging to be a data scientist, but all the hard work pays off, literally. Data scientists are considered one of the highest-paying entry-level jobs for college graduates in the United States. Aside from the excellent pay, the demand for data scientists is also quite high, especially in this age of data-driven tech.
What exactly does a data scientist do, anyway? In a nutshell, data scientists gather and analyze vast amounts of data, and they use the results of their analysis to provide solutions to their client’s problems and challenges, as well as propose innovations they can undertake. Data scientists emerge as experts in statistics, calculus, linear algebra, a coding language like Python, programming language (usually R), database languages such as SQL, data visualization, and even machine learning and artificial intelligence (AI). Knowledge of computing software and platforms like Apache Hadoop, Apache Spark, and MapReduce is also helpful, though it is not precisely required by most employers.
To succeed as a data scientist, however, one must rely not only on their technical skills but also on crucial soft skills. One of the most relevant for data scientists is strong communication skills, as they need to be able to convey how their interpretation of the data and their proposed solutions can help further the organization they’re part of. Data scientists also need to be excellent team players; this is because they will usually work with people from marketing or sales to translate their proposed solutions into concrete action plans. A creative and open mind is also critical to thriving in the field – the best data scientists can see new possibilities in what is otherwise just data and figures to others.
The occupational outlook for data scientists is also looking good. The demand for data scientist jobs is expected to increase by 28% by 2020, according to IBM, with the number of job opportunities related to data science and analytics projected to reach over 2,720,000 in that year. This growth is also much higher than the average rate for other occupations, making data science a lucrative choice for upcoming college graduates.
How Much Does It Pay?
Data collected as of 2020 places the average salary for data scientists in the US at $117,345 a year, which could be the highest salary out of college one can get. This can still go as high as $157,000, while the minimum is around $87,000. Facebook is reported to be one of the highest paying employers for data scientists, with their rates averaging $145,000. The West Coast area, where a substantial number of data scientists in the country are concentrated, is also recognized as one of the best locations in terms of pay.
Suggested Degrees:
Aspiring data scientists can begin by earning a bachelor’s degree in data science or mathematics, statistics, business analytics, information technology (IT), computer science, and other similar fields. Then, if they wish to do so, they can opt to proceed with acquiring a master’s degree in any of those fields. A doctorate in data science also isn’t a requirement, though it may be helpful for those aiming to move up and get into a more leadership-based position.
- Bachelor’s Degree in Data Science
- Master’s Degree in Data Science
- Doctor of Philosophy in Data Science
Political Scientist
The primary responsibility of political scientists is that they study the origin, development, and operation of political systems. They are experts in a wide range of topics like political parties, varying political structures of different countries, the history of political thought, and globalization. They are in demand because they research political ideas and analyze governments, policies, political trends, and other related issues. Their important researches also involve the effects of government policies on a particular region or population, providing information and analysis that greatly help in planning, developing, or carrying out the procedures.
The responsibilities of political scientists include the following:
- They research political subjects like the U.S. political system and foreign relations.
- They collect and analyze data from public opinion surveys and other sources.
- They develop and test political theories.
- They evaluate the effects of policies and laws on government, businesses, and people.
- They monitor current events and policy decisions.
- They forecast political, economic, and social trends.
- They submit research results through presentations and published articles.
Political scientists usually utilize qualitative methods in their research, gathering information from numerous sources, as well as quantitative methods in developing and researching theories. An example of a qualitative approach is analyzing past government structures and policies using historical documents. On the other hand, an example of quantitative methods is identifying voting patterns through the analysis of voter registration data.
They evaluate current policies and events using public opinion surveys, economic data, and election results and can work as policy analysts for organizations such as government, labor unions, and political groups.
There were about 6,200 political scientists in 2018, and their largest employers were the federal government; professional, scientific, and technical services; state, local, and private educational services; religious, grant-making, civic, professional, and similar organizations; and self-employed workers.
Political scientists are mostly needed in political organizations, lobbying firms, labor unions, and organizations that research or advocate for specific causes like immigration policy, healthcare, or the environment. Political scientists with advanced degrees, persuasive writing and analytical skills, and experience researching or performing policy analysis have strong job prospects.
There is a projected growth of 5% for the employment of political scientists from 2018 to 2028. Political scientists face strong competition for jobs due to the small number of positions and many qualified candidates. The US is expected to need 6,300 political scientists over the next ten years.
How Much Does It Pay?
The median annual salary for political scientists is $117,570. Currently, there are an estimated 7,300 political scientists in the US.
Suggested Degrees:
- Bachelor of Political Science
- Master’s in Political Science
- Ph.D. in Political Science
- Bachelor of Public Administration
- Master’s of Public Administration
- Doctor of Public Administration
Physicist
It is the job of the physicists to research physical phenomena, devises hypotheses, conducts experiments, and draw conclusions from experimental data to make sense of the world.
Most physicists tend to choose a particular specialization, whether it is particle physics, quantum mechanics, astrophysics, geophysics, biophysics, nanophysics, condensed matter physics, or atomic physics. Part of their job is to describe and express observations and conclusions in mathematical terms. They also design computer simulations to model physical data with the goal of better understanding the process.
Physicists may develop theories and laws that apply to nuclear energy, optics, and aerospace technology. They learn to use equipment such as lasers, telescopes, and masers to explore and identify the basic principles of the structure and properties of matter. Some of them need to perform complex calculations to evaluate and analyze data.
Many of them go on to work in the field of research and development, academia, engineering, computer science, and electronics. Physicists are sometimes invited to scientific conferences where they present and report experimental results. They may also indicate their findings by writing papers for scientific journals.
Most physicists work in offices, but it is also common for them to conduct their research in laboratories and observatories. Currently, there are more than 21,000 employed physicists in the country. It is expected to grow by 9% between 2018 and 2028.
How Much Does It Pay?
Physicists have a median salary of $119,580 per year or $57.49 every hour. Just like other high-paying jobs, they are also entitled to employment benefits, which may include health and life insurance, pension plans, paid holidays and vacations, and bonuses. Many physicists also supplement their income by doing research and consulting work.
Suggested Degrees:
- Bachelor of Science in Physics
- Master in Physics
- Doctor of Philosophy in Physics
Lawyer
Held as one of the most esteemed professions, lawyers represent clients in criminal and civil litigation and other legal proceedings. They can represent individuals, businesses, and government agencies.
It is their job to draw up legal documents and advise clients on legal transactions. They can either represent the plaintiff or the defendant. Their role is to advance their clients’ cases through oral argument and written documents. They also need to explain to the clients how the situation applies to the law. Lawyers often appear in the court before the judge to argue motions. They are also tasked to follow up whenever a court decision has been handed down, or a settlement has been reached. This will ensure that all parties are doing what they are ordered to do.
Lawyers conduct research and analyze legal problems. They need to interpret laws, rulings, and regulations for individuals and businesses. Not only do they need to argue on their clients’ behalf verbally, but they also need to do this in writing. They have to prepare and file legal documents, including lawsuits, appeals, wills, contracts, and deeds.
Usually, lawyers need a license from the state to practice their profession. They can work for private firms or in-house legal counsel for a company. There are also a lot of job opportunities in the public sector and non-profit organizations.
While lawyers generally earn higher salaries compared to other professions, they are expected to face challenges like very long hours at work and the high pressure of achieving the best results for the people they are representing and the firm where they work. Sometimes they even need to work for as much as 50 hours a week.
In the present, there are 823,900 lawyers all over the country. Their employment growth is projected to increase by 6%, as fast as the average for all occupations, from 2018 t0 2028.
How Much Does It Pay?
According to BLS, lawyers are paid $120,910 per year on average or $58.13 per hour. Many lawyers can also expect to receive bonuses and pay increases every year. Those who work full-time often have health insurance coverage as well as annual leave, sick leave, and paid holidays.
Suggested Degrees:
- Bachelor of Science in Political Science or related field
- Master of Political Science
- Master’s in Law
- Master of Criminal Justice
- Juris Doctorate Degree
Financial Manager
Considered one of the highest paying finance jobs out of college, financial managers can be employed in a variety of industries and enjoy a job outlook that is much higher than the average. But what does a financial manager do? Financial managers are in charge of maintaining the financial health of the organization they are working for. They do this in several ways. They prepare financial reports, statements, and forecasts. They also oversee the employees in charge of the organization’s budgeting and financial reporting.
In addition, financial managers give input on the investment direction of the company, as well as strategies to reduce costs, mitigate risks, and maximize profits based on their analysis of the company’s financial data.
As they are also still managers, the hiring and training of the workforce for their team may also fall under their responsibilities. They can be hired in various industries; aside from the usual employment opportunities in insurance companies and banks, they can also be employed by non-profit, government, or healthcare organizations – basically, any organization that has the capital and needs someone to make sure that its financial health remains stable or thriving. Whatever industry a financial manager chooses to be part of, it is crucial that they learn the specific financial laws for that industry (e.g., tax laws, which can vary by industry).
The US Bureau of Labor Statistics (BLS) forecasts a healthy growth of up to 16% until 2028 for financial manager employment opportunities. This translates to a more specific figure of 758,000 financial manager jobs by 2028. Aspiring financial managers, it seems, will not have to worry much about their options for employment in the coming years.
How Much Does It Pay?
As of the latter half of 2019, estimates place the annual median salary for a financial manager to be around $121,893. Data shows that financial managers in New York and San Francisco, California are more likely to receive higher salaries than the national average, while those employed in Florida or Texas might have slightly lower rates.
Suggested Degrees:
- Bachelor’s Degree in Finance
- Master’s Degree in Finance
- Doctor of Finance
- Bachelor of Business Administration
- Master of Business Administration
- Doctor of Business Administration
Pharmacist
A common misconception is that pharmacists are merely people who dispense medicine at a drugstore or pharmacy. Though that is indeed one of the tasks fulfilled by pharmacists, they also do a lot more than just that.
Firstly, pharmacists are assigned to ensure the steady supply of medicines at their place of employment, as well as checking the quality and safety of these medicines. They are then responsible for making sure that the correct medication is prescribed and dispensed to patients. Pharmacists are also expected to provide helpful information to these patients about the medicine they are taking, including things like the possible side effects, proper dosage, and other clarifications the patient might have. They also make sure to check the patient’s medical record or list of other medications being taken to make sure that no dangerous interactions will occur. People who are unsure about what medication to take for a specific health issue or symptom can initially consult with a pharmacist for advice and suggestions. As expected from a career that involves dealing with multiple people every day, communication skills are essential for pharmacists for them to be able to effectively relay instructions, advice, and useful information to their clients.
One of the lesser-known responsibilities of pharmacists is that they provide services like blood pressure measurement, assistance with smoking cessation, shots or vaccinations, and cholesterol management. In addition, some pharmacists may also do compounding, which is the creation of a patient-specific, customized medication that is a mix of several other medications, on the occasion that the existing medication cannot meet the patient’s needs.
Aside from working at pharmacies and other healthcare provider settings, pharmacists can also be employed by pharmaceutical manufacturers. In this case, their tasks are more focused on the supervision of medicine production and doing quality assurance.
Presently, it is expected that the demand for pharmacists in pharmacy and drug store settings may decline; however, the projection is more favorable for those employed in clinics and hospitals. These two differences cancel out each other, which puts the overall growth in employment for pharmacists at 0% for the ten-year range of 2018 to 2028.
How Much Does It Pay?
The pay for pharmacists is quite high, with the annual average placed by the Bureau of Labor Statistics (BLS) at $126,120, and it is considered one of the highest paying jobs after college. The present range is estimated to be from a low of $87,790 to a high of $161,250. General merchandise stores are one of the best paying employers of pharmacists, while pharmacies and drug stores are surprisingly some of the lower-paying employers. It might also be useful to note that most general merchandise stores like Walmart, CVS, and Walgreens pay pharmacists by the hour.
Suggested Degrees:
- Bachelor’s in Pre-Pharmacy Studies
- Bachelor’s in Biology
- Bachelor’s in General Science
- Doctor of Pharmacy Degree (PharmD)
To become a pharmacist, a two- or four-year pre-pharmacy degree is needed; the main difference between the two is that four-year degrees incorporate general education courses for a more well-rounded experience, while two-year degrees concentrate on the necessary courses to prepare students for pharmacy. Next, students should pass the PCAT (Pharmacy College Admission Test) and proceed with a four-year pharmacy program that will earn them a Doctor of Pharmacy degree (PharmD). Some schools also offer a six-year PharmD program that students can take immediately after high school and no longer requires completion of a pre-pharmacy degree.
After graduation, they can then take the North American Pharmacist Licensure Examination (NAPLEX), the Multi-State Pharmacy Jurisprudence Exam, as well as the practical and written exams to be registered and licensed as a pharmacist. Up to two years of additional training through residency programs can also be taken afterward, should one be interested in specializing further.
Flight Engineer
Flight engineers are one of the most valued crew members of an airplane. They are the ones who ensure that all components of the aircraft are working correctly. In the case of mechanical issues, they must do repairs and maintenance. It is also their job to interpret complicated flight-related gauges and instruments while helping the pilots navigate.
In the modern age of technology, however, the responsibilities of flight engineers are severely diminished. Automated computer programs can now take over their tasks at a much lower cost. For the military and other companies operating larger aircraft, flight engineers are still as valuable as ever. The risks of mechanical problems are significantly higher, requiring the help of skilled flight engineers. Some countries need three- and four-engine aircraft to include a licensed flight engineer on their crew.
The roles of flight engineers begin on the ground before takeoff. They are responsible for inspecting the aircraft and determining whether it is safe for use. They have a checklist before the flight that they need to complete before they are cleared to depart, including checking fluid leaks or improperly inflated tires.
Their expertise also extends aboard the aircraft. They monitor the computer systems and watch out for irregularities. Mechanical instruments like fuel gauges, pressure indicators, wing flaps, and landing gears are also part of their area of proficiency. Flight engineers help the pilot in checking the weather patterns as well as determining how much fuel is required for the overall flight. Air conditioning, cabin airflow, electrical system, and engine power are all controlled by the flight engineers, adjusting them if necessary.
It is also worth noting that most flight engineers are also licensed pilots. They can fly the aircraft if the situation calls for it. After the trip, they are expected to submit a completed flight log. Should there be mechanical issues, it is their job to contact the mechanics and arrange for repairs.
How Much Does It Pay?
Flight engineers have a median salary of $129,250 annually. However, this can significantly vary depending on the type of flight, hours, and miles flown, the type of plane, and the length of service. Their benefits package includes paid sick, vacation, and holidays leaves as well as life and health insurance and retirement plans. Their families are also often entitled to a certain amount of free air transportation or reduced fare.
Suggested Degrees:
Petroleum Engineer
Petroleum engineers develop procedures for extracting oil and gas using the principles of geoscience and physics. In other words, they extract oil and gas from deposits below the earth’s surface. Not only that, but they also devise new ways to extract oil and gas from older wells.
After they have struck oil and gas, petroleum engineers coordinate with geoscientists and other specialists to determine the geologic formation of the rocks containing the reservoir. Afterward, they discover the drilling methods, design the drilling equipment, implement the drilling plan, and monitor the operations. They conduct further researches and try to develop new ways to recover more of the oil and gas since the current best extraction method only improve only a portion of the oil and gas in a reservoir.
There were about 33,500 petroleum engineers in 2018, and the largest employers of petroleum engineers were oil and gas extraction, management of companies and enterprises, support activities for mining, petroleum and coal products manufacturing, and engineering services. As for their work environment, petroleum engineers work in offices or at drilling and well sites, frequently traveling to visit job sites or to meet with other engineers, oilfield workers, and customers.
There are currently an estimated 33,700 petroleum engineers in the US. The need for petroleum engineers has grown for the past ten years, and employment is projected to grow 3% from 2018 to 2028.
How Much Does it Pay?
The median annual salary for petroleum engineers is $132,000. It is 105% above the national average and is one of the best paying jobs out of college. An entry-level petroleum engineer can earn $77,546. The top five highest paying industries are in oil and gas extraction; management of companies and enterprises; basic chemical manufacturing; scientific research and developmental services; and machinery, equipment, and supplies merchant wholesalers.
Suggested Degrees:
- Bachelor’s in Petroleum Engineering
- Master’s in Petroleum Engineering
- Bachelor’s in Mechanical Engineering
- Bachelor’s in Civil Engineering
- Master’s of Civil Engineering
- Bachelor’s in Chemical Engineering
Architectural and Engineering Manager
Architectural and engineering managers focus on the overall planning and execution of tasks and activities in architectural and engineering companies. Planning includes research and development of new products or projects and proposing the budget, workforce, time, and other resources needed.
Staff hiring for the projects they handle may also be part of the architectural and engineering manager’s scope. When their projects finally get off the ground, they are expected to supervise their staff to ensure that tasks are done correctly, and the timeline is followed, test and refine processes, troubleshoot issues, and regularly provide status reports to their supervisors until the successful completion of the project. They must also be well-versed in the various regulations, codes, and approval methods required by the government for architectural and engineering projects.
Despite the U.S. Bureau of Labor Statistics (BLS)’s forecast that overall employment for architectural and engineering managers will only grow 3% within a span of ten years (from 2018 to 2028)—which is a little slower than average compared to other industries—this job still remains one of the best paying options for college graduates in the country. However, when it comes explicitly to the engineering services industry, the employment growth is slightly higher at 7% for architectural and engineering managers, due to the upkeep or renovations that come with aging infrastructure.
Knowledge of specific software might be required by some places of employment for architectural and engineering managers; examples would be computer-aided design (CAD) software and database management software like MySQL or MongoDB.
Aside from the apparent foundation in architecture and engineering, project management and organizational skills are extremely important for anyone who is considering becoming an architectural and engineering manager, as they will be expected to juggle a team of people, as well as be responsible for budgets and finances, and timelines. Excellent interpersonal and communication skills will also come in handy for the various proposals, negotiations, and collaboration that are part and parcel of being an architectural and engineering manager.
How Much Does It Pay?
The annual median pay for architectural and engineering managers is roughly $135,774, and the range is usually from $121,841 and a high of $150,725. The Bureau of Labor Statistics (BLS) data reveal that California seems to be one of the top-paying states for architectural and engineering managers, with the highest average in the state reaching up to $174,650.
Suggested Degrees:
- Bachelor’s Degree in Architectural Engineering
- Master’s Degree in Architectural Engineering / Business Administration / Engineering Management
- Doctor of Philosophy in Architectural Engineering
To become an architectural and engineering manager, complete a bachelor’s degree in architecture or engineering. Since the position involves management, it is ideal for one to gain several years of experience as an architect or engineer to be considered for the job. Some also move on to earning a master’s in business administration (MBA) or the more specific master’s in engineering management to acquire the skills needed to become a manager. Another option is to earn a Master’s in Architectural Engineering.
Pilot
As one of the most glamorous jobs, being a pilot requires one to fly different types of aircraft, ranging from airplanes to helicopters. The pilot’s primary task involves transporting passengers and cargo across long distances within the country and beyond. A pilot can be a captain or a co-pilot. One can also be a First Officer.
It is the pilot’s responsibility to operate the aircraft, liaise with air traffic controllers, make sure the aircraft instruments are working correctly, and check weather conditions. They also must select safe and efficient flight routes and determine any risk that might occur. They are also required to create reports about any incident they encounter. And, most importantly, they need to ensure the safety and comfort of the passengers, crew, and the aircraft.
Since they need to be physically fit, pilots must pass a health check to ensure that they are healthy enough to fly an aircraft. Pilots also need to be trained and acquire the necessary skills for the profession. They need to be organized, have math skills, and be able to make quick decisions. A good reflex is also required as well as their ability to remain calm under stressful situations. Pilots are also expected to have close attention to details and speak more than one language.
Pilots can be employed in different settings. They can be in a passenger airline, a private aircraft, or even in the military. They have variable work schedules, which means overnight layovers are pretty standard.
Before they become a pilot, they must first get a license from the Federal government. The age requirement is to be more than 18 years old. They must also acquire the needed 250 hours of flying to qualify for a license. Commercial pilot applicants must be over 23 years old and have flown at least 1,500 hours.
In the country, there are 124,300 airline and commercial pilots as of 2018. This is expected to grow by 6% over ten years. Employment opportunities are predicted to come from the need to replace pilots who are retiring over the projection period.
How Much Does It Pay?
According to data, the median annual wage for airline pilots and copilots is around $140,340. Aside from their salaries, they are also provided with health, life, vision, and dental insurance. A retirement plan is also part of the package. Pilots can also expect to receive vacation time, which can often increase incrementally based on the years of service. Their downtime can be as much as two weeks monthly. Their families can also benefit from free travel perks.
Suggested Degrees:
- Bachelor of Science in Aviation and Aeronautics
- Bachelor of Science in Aeronautic Engineering
- Master of Science in Aeronautics
- Doctor of Philosophy in Aeronautics
Marketing Manager
Most businesses have a marketing arm, which is often responsible for promoting the brand and products or services.
The responsibilities of a marketing manager depend on the size of the business and the industry they are in. Some marketing managers are tasked to put together estimates and budgets needed for marketing campaigns. They need to submit proposals for approval. Sometimes, they are required to work with advertising agencies or manage an in-house team.
Many marketing managers are involved in negotiations, helping the sales team in their preparations, and coordinating with the sales department to ensure a seamless synergy between sales and marketing. There are instances when they are also required to prepare sales and advertising contracts and review advertising materials, whether they are for print, TV commercials, or digital promotions.
Their primary role, however, lies in creating promotional information that drives the business forward. They create a sound marketing strategy across multiple channels and test new opportunities that arise.
As marketing managers, they are expected to evaluate performances of the marketing campaigns, determining which areas are successful and which ones need improvement. It is also part of their job descriptions to address customer service problems that may arise by improving the customer experience through a solid marketing strategy.
Along with advertising and promotions managers, marketing managers in the country number around 286,800. This number is expected to grow by 8% from 2018 to 2028.
How Much Does It Pay?
The mean annual salary for marketing managers is around $147,240 per year. Standard benefits include paid vacation and sick days, as well as medical and dental packages. Some employers provide a cell phone or car, as needed.
Suggested Degrees:
- Bachelor of Science in Management
- Bachelor of Science in Business Administration
- Master of Science in Management
- Doctor of Management
- Master of Science in Business Administration
- Doctor of Business Administration
- Bachelor of Marketing
- Master of Marketing
- Doctor of Marketing
Prosthodontist
Prosthodontists specialize in constructing crowns, dentures, bridges, and other types of teeth replacement. They are also called dental surgeons. Specifically, they create and design prostheses that replace missing teeth. They also correct mouth and jaw deformations. Their work significantly improves lifestyles as they help restore and maintain oral functions like chewing and speaking, making them feel normal among their peers. On the more artistic side, they help improve physical appearance.
The responsibilities of a prosthodontist include the following:
- They measure and take impressions of patients’ jaws and teeth, determining the shape and size of dental prostheses. They use face bows, dental articulators, recording devices, and other materials.
- They replace missing teeth with permanent fixtures like implant-supported prostheses, crowns, and bridges. They also construct removable accessories such as dentures.
- They design and fabricate dental prostheses. If they don’t do it themselves, they must be present to supervise dental technicians and laboratory bench workers who construct the devices.
- They fit prostheses to patients and make any necessary adjustments and modifications.
- They restore function and aesthetics to traumatic injury victims, individuals with diseases, or patients with congenital disabilities.
- They collaborate with general dentists, specialists, and other health professionals to plan, provide treatment, and develop solutions to oral health concerns.
- They treat facial pain and jaw joint problems.
Prosthodontists are required to complete a residency program, where they study the specifics of prosthodontics. After completing their required studies, they have the option to join other dentists and specialists or open an independent practice, taking on the responsibility of overseeing their employees and dealing with all the administrative tasks. Prosthodontics, however, is an extremely small field. According to the American Dental Association, there are only 3,500 prosthodontists working in the U.S.
How Much Does It Pay?
The average annual salary of prosthodontists is $249,195 and is ranked #7 in Best Health Care Jobs.
Suggested Degrees:
- Doctor of Dental Surgery
- Doctor of Dental Medicine
Dentist
The role of dentists is primarily diagnosing and treating problems with patients’ teeth, gums, and related parts of the mouth. It is their job to advise their patients on gum or teeth health and care, including the diet choices that can impact their oral health.
Aside from dental and oral hygiene examination, dentists also need to perform dental treatments like fillings and teeth extractions. Some patients seek help in teeth whitening, as well. Dentists must have ample knowledge about using technical equipment like x-ray machines to determine the problem. They also must keep records for each patient.
Since dentists need to cooperate with patients, practice receptionists, and medical nurses, they are required to have excellent communication skills. Other skills expected from them include ability, leadership skills, organizational skills, patience, physical stamina, problem-solving skills, and a detail-oriented mind.
Dentists often work for private clinics and health centers, but there are many others who serve the public. Those who are in full-time employment usually work from 9 to 5, but self-employed dentists have the freedom to work around their schedule. Most of the time, they work with a small staff or with other dentist partners.
Licensure requirements vary for each state, but most candidates are required to complete an accredited dental program and pass the written and clinical exams.
Dentistry as a job is likely to grow by 7% from 2018 to 2028, faster than the average for all occupations. Its predicted growth is based on the projected aging of the population as well as research linking oral health to overall health. There are 155,000 dentists in the country as of 2018.
How Much Does It Pay?
Dentists can expect to receive a median annual pay of $156,240 or $75.12 per hour. They are also entitled to healthcare coverage as well as vacation leave and holiday pay. Some employers also include a myriad of benefits like tax-free housing, meal allowances, clinical practice liability coverage, and relocation expense reimbursement.
Suggested Degrees:
- Bachelor’s Degree in Dental Hygiene
- Doctoral Degree in Dentistry
- Doctor of Dental Medicine
- Doctor of Dental Surgery
Nurse Anesthetists
Though most people probably usually think that doctors receive the best salary rates in the medical field, nurses can also earn a top income, especially those involved in the administration of anesthetics.
The complete term for these nurses is a certified registered nurse anesthetist (CRNAs), a type of advanced practice registered nurse (APRN). They are not to be confused with anesthesiologists, who are medical doctors specializing in anesthesia and perioperative medicine. Nurse anesthetists are assigned wherever there may be a need for anesthesia and pain management, usually in surgical centers, operating rooms, intensive care units, labor and delivery units, trauma care, and cardiothoracic care areas. They may also be employed in dental clinics, pain management centers, plastic surgery clinics, and even in the military’s medical facilities.
The tasks of a nurse anesthetist are mainly the following: assessment and preparation of the patient’s state, the administering itself of anesthesia, the monitoring of anesthesia levels and vital signs throughout the procedure to ensure that the patient remains pain-free and safe, and overseeing the patient throughout their recovery from the anesthesia.
The American Association of Nurse Anesthetists (AANA) reveals that the profession began back during the Civil War when nurses had to administer anesthesia to soldiers who had been wounded in the fighting. In the present day, nurse anesthetists will still be faced with a lot of emergency cases and time-sensitive situations, and to become a good nurse anesthetist, one must be able to work and make sound critical decisions even under immense pressure. However, the good news is that they are also compensated very well for their hard work. Nurse anesthetists, along with nurse-midwives and other nursing practitioners, are also very much in demand, with the overall job growth for them currently placed at a very high 28% for the next several years until 2028.
How Much Does It Pay?
The annual median wage for nurse anesthetists is $167,950. The top employers for them are physician offices, with over 20,000 in employment, while it is the outpatient care centers that seem to pay nurse anesthetists best, with the annual mean wage for their employees at $194,570. Texas is considered the state with the highest employment level, while the state of Montana is where the mean annual salary is the highest, at $246,370.
Suggested Degrees:
To pursue a career as a nurse anesthetist, several steps need to be taken. A bachelor of science in Nursing must first be completed. Next, one must become a registered nurse (RN) and gain at least a year’s worth of experience in an intensive care unit (ICU), emergency room (ER) setting, or other acute care areas. Proceed with a two- or three-year master’s degree in nurse anesthesia that is industry-accredited. Finally, the National Certification Examination conducted by the National Board of Certification and Recertification for Nurse Anesthetists (NBCRNA) must be passed.
- Bachelor of Science in Nursing
- Masters in Nurse Anesthesia
Pediatrician
Pediatricians diagnose, treat, and help prevent children’s diseases and injuries. Their specialization is in caring for young people — from infants to young adults. Their responsibilities include diagnosis and treatment of medical conditions and issues that are specific to the younger population. They need to take patients’ medical histories, examine patients, order necessary medical tests, and create a plan of treatment for the patients. They also administer vaccinations, provide preventative healthcare, and teach patients and their parents about proper healthcare such as hygiene and nutrition. Pediatricians work in full-time positions and station themselves in physicians’ offices. They are usually on-call and have irregular work hours.
To be a pediatrician, one must earn a medical degree, complete a residency in pediatrics, and secure a license. The current total estimate of pediatricians in the US is 29,600, and the job market is expected to grow by 15.2% between 2016 and 2026. The projection is that in the next ten years, the US will need 5,600 pediatricians — basing on the current 4,500 additional pediatricians and the retirement of 1,100 existing pediatricians.
How Much Does It Pay?
The average annual income for pediatricians is $183,240, with a growth outlook of +14% from 2014 to 2024. The base salary depends on factors such as the pediatrician’s education, level of experience, location, and the industry where he or she works. According to Medscape, self-employed pediatricians earn higher than employed pediatricians, where self-employed pediatricians get $231,000, and employed pediatricians only get $206,000. However, more pediatricians are employed than independent, since the younger workforce chooses a steadier income and more regular work hours.
Suggested Degrees:
- Doctor of Medicine
- Doctor of Osteopathic Medicine
Chief Executive Officer (CEO)
The word Chief Executive Officer or CEO is mentioned frequently as the dream job of many in the business industry, and it is usually thought of as a job where you are your boss (as well as the boss of an entire company). It’s not quite as simple as that, as being a CEO covers a wide range of responsibilities, and the workload and some specific skills required may vary depending on the type of company they’re in.
Nevertheless, there are still responsibilities and expectations that are universal to all CEOs, no matter what industry they may be in. First of all, chief executive officers are in charge of setting a vision and direction for their company – these will then serve as the basis for the decisions and strategies they will undertake as a company. CEOs also lead the top executives of the company through training, mentoring, and regular evaluation. They must also be in close coordination with the company’s board of directors when it comes to company-wide decisions. Though not exactly an official task, CEOs are also generally considered to be the face of their company, which means their reputation in the industry and the community must be positive and beneficial for their organization.
The US Bureau of Labor Statistics expects the ten-year job outlook (from 2018 to 2028) for top executives to be around the national average, at 6%. As of 2018, there were over 2.6 million top executives all across the country; however, data on how many of these executives were specifically CEOs is not available.
How Much Does It Pay?
Since there are multitudes of companies that have huge variations when it comes to income and operating scale, CEOs may also have significant differences in their pay depending on the company they’re leading. However, the Bureau of Labor Statistics has estimated that, in the United States, the median wage for CEOs is generally $200,140 per year. Most of the time, it is CEOs in the investment industry who earn the highest (with the annual mean figure alone reaching up to $284,000), followed by those in the natural gas and pipeline industries.
Suggested Degrees:
CEOs come from all backgrounds. Some set up their own companies even without completing college, while some rise to the ranks from employee to CEO. However, the common expectation, regardless of the company, would be for a CEO to have in-depth knowledge of business and management. Thus, a bachelor’s degree in a business-related field, as well as a master’s in business administration, would be good choices for someone who wants to move up to an executive position.
- Bachelor’s in Business Administration
- Bachelor’s in Marketing
- Bachelor’s in Organizational Management
- Master’s in Business Administration
- Doctor of Business Administration
- Bachelor of Entrepreneurship
Psychiatrist
Psychiatrists are physicians who are responsible for diagnosing and treating people who suffer from mental illnesses and disorders. Although they work in a variety of settings, psychiatrists are often found in hospitals, private practices, clinics, and nursing homes.
Their job entails providing therapy, either individual or in a group, to gain insight into the patient’s history and help them address their problems. There are times when patients are required to take medications or, in some instances, even get hospitalized. In the case of the latter, psychiatrists are expected to work with other medical professionals to design a treatment plan for patients as well as monitor their progress.
Some of the skills needed for good psychiatrists include strong communication skills. This is valuable when they need to collaborate with other professionals. More importantly, they need to communicate well with their patients and get to the bottom of the problem. In some cases, a psychiatrist needs to talk to the people who are close to the patients, such as their parents, spouse, or children.
It is part of the psychiatrist’s responsibilities to refer psychological testing for a patient, offer talk therapy or psychotherapy as well as prescribing medication that can alter their chemical imbalances.
Knowledge of Psychology and Sociology is also required. These two disciplines are integral in helping psychiatrists identify behavioral patterns and address them. They also need to be compassionate and patient in this job.
Currently, there are 25,630 psychiatrists in employment all over the country. This number is expected to increase by 3.9% in the coming years.
How Much Does It Pay?
The median annual salary for psychiatry is $220,380 or $105.95 per hour. Other compensations include bonuses, health insurance for mental, medical, vision, life, disability, malpractice coverage, vacation, and sick leaves and other holidays, a contributory retirement play, and an offsite retreat. Some psychiatrists are self-employed, having set up their clinics. They can set their schedules and choose the cases they want to handle.
Suggested Degrees:
Just like most medical professions, psychiatrists are required to complete an extensive education.
- Bachelor of Science in Psychology
- Master of Science in Psychology
- Doctor of Science in Psychology
- Doctor of Medicine
- Doctor of Osteopathic Medicine (D.O.)
Orthodontist
When it comes to oral cavity anomalies and dental malocclusions, patients usually ask the help of orthodontists. They are tasked to realign and straighten teeth and jaws with the use of orthodontic retainers and braces.
Their job also entails the study of the medical and dental histories of the patients, analyzing the results of their X-rays, developing their treatment plans, preparing treatment records, and providing cost estimates. Sometimes, orthodontists may also be required to design retainers, lingual and labial archwires, and space maintainers.
Apart from the technical aspect of their jobs, orthodontists need to interact with other doctors and staff as well. They are responsible for educating patients about proper eating and teeth-cleaning habits. If needed, patients can go to them for check-ups and adjustments of dental fittings.
Their required skills include identifying and applying the correct dental fixtures. They should possess keen attention to detail, necessary knowledge for diagnosis, and the patience to monitor the patient in case the initial treatment does not work as planned.
Just like medical doctors, orthodontists need to complete post-secondary education as well as additional requirements beyond dental school and residency, such as passing the American Board of Orthodontics.
Most orthodontists begin their careers as associates of established dentists. Once they gain the required experience, they can have the option of building their orthodontics practices. Many also venture out to research work or accept faculty positions in dental schools.
Orthodontists often work in health care facilities, enjoying clean, well-lit, and comfortable offices. They have flexible work hours, being able to adjust their schedules to meet the needs of their patients. Sometimes, they work in the evenings or even on weekends. Most orthodontists clock in a total of 35 to 40 hours every week.
How Much Does It Pay?
Orthodontists can expect a median annual salary of $225,760 or $108.54 per hour. Their benefits package includes health coverage, life insurance, retirement plans, and paid vacation. Many employers also offer long-term disability insurance and opportunities for training and continuing education courses.
Suggested Degrees:
- Bachelor of Science in Biology
- Bachelor of Science in Chemistry
- Bachelor of Science in Biomedical Sciences
- Doctor of Dental Medicine
- Doctor of Dental Surgery
Obstetrician-Gynecologist
Obstetrician gynecologists, also called OB-GYNs, specialize in the medical care of women, specifically in the areas of female reproductive and menstrual health, pregnancy and childbirth, and menopause, among others. Doctors in this field have one of the highest salaries in the countries, but of course, the path leading to this career takes some time and requires a lot of hard work and dedication.
OB-GYNs either have their private practice or are employed at hospitals or other healthcare providers. They can perform a variety of medical procedures, from cesarean sections, hysterectomies, and cyst removals to the more conventional methods like breast exams, pap smears, and pelvic ultrasounds. Obstetrician gynecologists can also specialize further. There are currently four recognized areas of specialization for OB-GYNs: maternal-fetal medicine (centers on high risk pregnancies), reproductive endocrinology (specializing in fertility and treatments such as in vitro fertilization or insemination), gynecologic oncology (treatment of cancers that commonly affect among women), and urogynecology (treatment of urinary problems in women). In addition, OB-GYNs can also serve as a sort of general practitioner for women.
It is expected by the Bureau of Labor Statistics (BLS) that the industry will grow up to 18% by 2024 in the United States, which is higher than average. California currently has the highest employment level for OB-GYNs in the entire country, with nearly 2,000 practicing the profession in the state.
How Much Does It Pay?
Obstetrician gynecologists are paid, on average, $238,320 a year, with medical and diagnostic laboratories being their top payers. This figure puts OB-GYNs among the top ten highest paying jobs in the entire country for college graduates. However, like many medical professions, the hours for OB-GYNs can be long and the work can be demanding (especially since almost all OB-GYNs are on call for emergencies and have varying shifts), with many of them putting in 40 to 60 hours a week on average. Nevertheless, for those who are passionate about helping people, especially women, a profession in obstetrics and gynecology can be rewarding both financially and emotionally.
Suggested Degrees:
For those interested in becoming an obstetrician-gynecologist, they must begin with a pre-medicine degree like human biology or physical sciences (or even any bachelor’s degree as long as it is accepted by their medical school of choice). The next step would be to take and pass the Medical College Admissions Test (MCAT), so they can proceed with medical school, where they may be able to choose individual classes or clinical rotations that are more geared towards obstetrics or gynecology, which will take usually take four years. They must then follow it with a one-year internship and medical residency (lasting for about three to seven years), where they can formally specialize in obstetrics and gynecology. Lastly, they must successfully obtain a license via the United States Medical Licensing Examination (USMLE), which is required before they can officially practice their profession as an OB-GYN.
- Bachelor’s in Human Biology
- Bachelor’s in Physical Sciences/other pre-medicine programs
- Doctor of Medicine
Oral and Maxillofacial Surgeon
This specialization among dentists, especially the maxillofacial specialization (which refers to the maxilla, or the jaw), may not be as well known to most people compared to orthodontics or periodontics, but oral and maxillofacial surgeons are some of most well-paid doctors in the entire country. The Bureau of Labor Statistics (BLS) counts the number of oral and maxillofacial surgeons in the US to be around 4,830 as of the year 2018, and many US states currently do not have a practicing oral and maxillofacial surgeon. This figure is lower compared to other dental or medical professions, and in turn, the demand is quite high – from 2016 to 2026, job opportunities for oral and maxillofacial surgeons are expected by the BLS to grow by 19.1%.
Oral and maxillofacial surgeons’ expertise is in performing surgeries on the tissues of the face, mouth, and jaw areas. These types of operations can be very complicated, making this a challenging and demanding career with long hours, but professionals in this field are compensated highly in return. Some examples of procedures done by oral and maxillofacial surgeons are tooth extraction, cleft lip or cleft palate surgery, tumor removals, dental implants, corrective jaw surgery, and even cosmetic procedures like cheekbone implants. They are also trained to diagnose oral, head and neck cancer, and also provide treatment. As their work revolves around invasive surgery, oral and maxillofacial, surgeons also read X-ray results for teeth, jaws, and surrounding areas, administer anesthesia, and prescribe medications for pain management after surgery or for treatment.
How Much Does It Pay?
Oral and maxillofacial surgeons receive $242,370, according to the U.S. Bureau of Labor Statistics. The states of Washington, Oregon, and Ohio are the top three highest paying locations for professionals in this field.
Suggested Degrees:
The education track followed by oral and maxillofacial surgeons is quite similar to that of students aiming to become doctors. They begin with a pre-med or pre-dental bachelor’s degree, and then they intend to pass the Dental Admission Test (DAT) conducted by the American Dental Association (ADA) to get into dental school. In dental school, students spend anywhere from three to five years to earn a Doctor of Dental Surgery (DDS) degree. Then comes residency specializing in oral and maxillofacial surgery, followed by acquiring certification from the American Board of Oral and Maxillofacial Surgery. Fellowship is optional but will greatly benefit those who wish to keep up with the ever-changing industry or take on a more specific sub-specialty.
- Bachelor’s Degree in Human Biology / Physical Sciences / other pre-medicine or pre-dental programs
- Doctor of Dental Surgery (DDS) Degree
- Oral and Maxillofacial or Surgery Residency Program
- Fellowship Program in Chosen Sub-specialty
Plastic Surgery
The plastic surgeons’ job generally improves the quality of life of their patients. Their specialty focuses on changing the appearance of various body parts or facial features through surgery. Part of their responsibilities include examination, diagnosis, and treats patients with abnormal structures of the body, developmental abnormalities, trauma, infection, tumor, or disease. They review the patient’s history to confirm if there is a need for surgery and determine the instruments and methods of surgery to use that will render the most successful results. A group of reconstructive surgery specialists usually work together to perform corrective procedures for congenital disabilities or natal injuries. Oncologists regularly consult plastic surgeons since some cancer surgeries may change the patient’s appearance, and the plastic surgeon can help lessen the damage.
However, some focus more on elective procedures like facelifts, rhinoplasty, and breast augmentation and reduction. Other services they provide include in-service training as needed to address new technology in health care treatment.
To be a plastic surgeon, one needs a license to practice. The plastic surgeon’s tasks include performing cosmetic and reconstructive surgery, evaluating patients, determining appropriate surgery and treatment schedule, and participating in patient care plans.
There is a rise in the demand for plastic surgeons over the last five years to 2020. This is due to the interest of the aging population and the positive public perception of plastic surgery. Thanks to technological advances, there are now safer and less-expensive procedures that will convince consumers to avail of plastic surgery services.
The American Society of Plastic Surgeons says that their members performed at least 17 million surgical and minimally invasive, aesthetic procedures in 2018. Compared to the previous year, the number is nearly 277,000 more cosmetic procedures. Other procedures for body enhancement include non-invasive fat reduction, surgical breast augmentation, and liposuction.
The total revenue for plastic surgery in 2020 has amassed to $18 billion. The number of plastic surgery businesses is now 7,955, and industry employment is 52,305. The annual growth from 2014 to 2020 is 4.8%. The cosmetic surgery market is projected to grow by a whopping $21.97 billion by 2023.
How Much Does It Pay?
The average annual income of plastic surgeons is $264,399, and they are among the top earners of all physician specialties. Graduates who want to get one of the top-paying jobs out of college will do well if they pursue plastic surgery. An entry-level plastic surgeon with less than one year experience can expect to earn an average total compensation of $266,565—including tips, bonuses, and overtime pay. Plastic surgeons in Los Angeles, California, make an average of 11.5% more than the national average, while those in San Francisco, California make 10.7% more.
Suggested Degrees:
Medical Doctor, or Doctor of Osteopathy with F.A.C.S. (Fellow, American College of Surgeons) after his or her name.
Anesthesiologist
During surgery, anesthesiologists play an essential role. They are responsible for surgical patients’ pain relief by administering anesthetics during procedures. They must determine the amount of drugs administered and to adjust the dosage accordingly. They are also expected to monitor the vital signs of patients. Aside from surgery procedures, anesthesiologists also handle pain relief for women during labor as well as for patients who are in intensive care and those who suffer from chronic pain. After the surgery, they are also tasked to create pain management plans for the patient.
Because of the nature of their work that requires utmost care and accuracy, anesthesiologists needed to possess essential qualities that will help them become more effective in their jobs. This includes compassion and excellent communication skills. The latter is integral because this profession often requires them to interact with healthcare support staff and patients.
Aside from that, they are expected as well to be skilled with their hands as they have to perform procedures that require this. Moreover, anesthesiologists must maintain patience, good physical condition, and stamina since surgical procedures can take hours to finish.
They must be prepared to take on a high level of responsibility and the pressure of having another person’s life on their hands. Administering anesthesia, after all, entails precision.
As of May 2018, there are 31,060 anesthesiologists employed in the country. This profession is expected to grow by 5.6%.
How Much Does It Pay
Anesthesiologists are paid handsomely, but it also depends on the industry they are in. The median annual wage can be as much as $267,020 or $128.38 per hour. Those who work in the specialty can earn as much as $280,400 per year. Outpatient care centers have an annual mean wage of $273,080. They also get top-shelf medical coverage and paid vacations as benefits.
Unlike other medical professions, anesthesiologists are only involved when they need to administer the amnesia, either before, during, or after the surgery. Outside this period, they are free of other responsibilities. This enables them to enjoy regular hours than most doctors. That is why many anesthesiologists can work part-time or on a fill-in basis.
Suggested Degrees:
Most hospitals and health centers require applicants to have a degree in medicine along with a 4-year residency in anesthesiology. Some also ask for a valid state license and malpractice insurance.
Anesthesiologists must earn a bachelor’s degree with medical-related majors, including biology, chemistry, health science, and physical science.
- Bachelor of Science in Anesthesiology
- Master of Science in Anesthesiology
- Doctor of Medicine
Radiologist
If you are pursuing a medical career that is a little more “behind-the-scenes” and pays exceedingly well at the same time, becoming a radiologist should be one of your top options. The outlook for this career is also quite good, as the overall job growth for physicians and surgeons from 2018 up to 2028 is about 7%.
Radiologists are medical doctors who specialize in the use of medical imaging technology to diagnose or treat patients’ illnesses. They usually work with technology like X-rays, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), positron emission technology (PET); radiologists may also deal with minimally invasive and image-guided procedures like radiation therapy for cancer patients. Radiologists work with radiologic technicians or the people who operate the equipment, and they commonly come into the picture after patients have been directed by their primary physician to undergo a radiology-related procedure. The radiologist will perform the procedure, and then his or her next task is to analyze or interpret the results and relate it to the present condition and medical history of the patient and other data (e.g. laboratory findings) to arrive at a diagnosis or recommendation.
The general idea is that a radiologist works at a hospital surrounded by all sorts of equipment and monitors. However, a growing trend in recent years is that of teleradiology, where radiologists can work from anywhere in the world instead of reporting to a clinic or office. Since the actual operation of various imaging technology can be done by the radiologic technicians, this means that radiologists can actually work remotely, as long as they have a computer and an Internet connection, by receiving digital copies of patients’ results and conferring with patients or their primary physicians via email or call instead.
There are multiple specializations that radiologists can choose to focus on. Diagnostic radiology, as is apparent in the name, focuses on the diagnosis and treatment of diseases and conditions using radiologic equipment. It requires up to five years of radiology training. Another specialization can be radiation oncology, which involves the use of radiation therapy to treat cancers and other malignant diseases. Radiologists can also specialize in interventional radiology; this area concerns the use of technology such as X-rays and MRIs to conduct minimally invasive procedures like angioplasty, fibroid removals, etc.
How Much Does It Pay?
Radiologists can earn an impressive average of $300,365 every year. Of course, the longer your experience in the field, the higher this figure will grow as well. Regardless, even those with minimal experience can begin their careers with still relatively high salaries, with the lowest end of their salary range being at $103,000.
Suggested Degrees:
Same as pursuing any other medical field, a pre-medicine bachelor’s degree is necessary. Upon graduation, aspiring doctors should take the MCAT (Medical College Admissions Test) to be accepted at a medical school. This should be followed by approximately four years of residency that focuses on specializing in radiology. They must then take the United States Medical Licensing Examination (USMLE) to obtain their license.
- Bachelor’s Degree in Human Biology / Physical Sciences / other pre-medicine programs
- Doctor of Medicine
- Residency Program specializing in Radiology
Cardiologist
Heart disease is the primary cause of death among Americans, as it has always been in the past several years. As such, cardiologists continue to play a big role in diagnosing, preventing, and treating diseases of the cardiovascular system. Though they are not surgeons, cardiologists may also conduct minimally invasive procedures like cardiac catheterization or pacemaker implants.
Doctors specializing in cardiology also frequently order and interpret tests like echocardiograms, electrocardiograms, stress tests, and angiograms. There are four common areas that cardiologists can further specialize in as well. Non-invasive cardiologists, as the same suggests, do not perform any invasive procedures and focus on assessing patients and prescribing the appropriate medication and lifestyle changes to manage their cardiovascular conditions. Non-interventional cardiologists are similar to the former category, but they can do minor procedures like catheterization. Meanwhile, interventional cardiologists are those who do angioplasty, atherectomy, placement of stents, or other procedures that are intended to address coronary artery or vascular diseases. Lastly, electrophysiology cardiologists utilize equipment like defibrillators or pacemakers to address patient issues with heart rhythm.
Cardiologists may have their private practice or work in a hospital or other healthcare facility. As of 2020, there are currently over 32,000 registered cardiologists in the United States, ranking as the sixth specialization with the most number of practitioners. The growing numbers of doctors going into cardiology could quite possibly be related to the increasingly sedentary lifestyles in the country that are increasing citizens’ risk for heart disease and other related illnesses. The employment outlook for doctors and surgeons, including cardiologists, is also higher than average, making a career in cardiology a viable, lucrative option for anyone interested in a medical career.
How Much Does It Pay?
Cardiologists who are based in the United States, on average, receive a whopping $332,515 annually. Gaining years of experience and moving up to higher positions like head of a hospital’s cardiology department will also substantially boost the salary rate of a cardiologist, while those specializing in invasive cardiology usually have higher average salaries than other specializations.
Suggested Degrees:
Cardiologists follow the typical path of completing a bachelor’s degree (ideally in a pre-medicine program), taking the MCAT, or Medical College Admissions Test, and going into medical school for four years. Afterward, budding cardiologists need to complete a three-year internal medicine residency to be certified by the American Board of Internal Medicine. But even as full-fledged cardiologists, they can still proceed with a fellowship program, where they can go into more advanced cardiology training for about three years or so.
- Bachelor’s in Human Biology
- Bachelor’s in Physical Sciences/other pre-medicine programs
- Doctor of Medicine
- Internal Medicine Residency Program
- Cardiology Fellowship Program
“Earn nicely, spend wisely and you will live happily.”
― Auliq Ice