- So in this video today,
we are going to be talking about
what are some of the best college degrees in 2020.
So gone are the days of going out there
and just blindly following your passion.
These days, a lot of people
are paying attention to the job market
and looking at what college degrees are actually in demand.
And I'm not saying you guys should just go out there
and get a job just to make money,
but what I am saying
is that you should consider
what the demand is for a given degree
before you spend tens of thousands of dollars
if not a hundred thousand dollars or more
pursuing an education in that field.
But if you're somebody out there
who just doesn't know what they wanna do yet,
or maybe you're looking for some ideas,
we're gonna be covering five college degrees
that have very high demand going into 2020.
So according to research from Glassdoor,
these five industries have been seeing the most growth
and are expected to see the most growth going forward.
Number one is consumer electronics,
which has seen 60.2% year-over-year growth
in terms of the number of jobs.
Number two is insurance with 29.9% growth year-over-year.
Number three we have accounting and legal,
which has seen 23.6% growth.
Number four we have information technology
with 22.9% growth year-over-year.
And coming in at number five,
we have facilities,
which has seen 17.4% growth year-over-year.
So by far,
the industry that is seeing the most growth right now
is consumer electronics by more than double
as far as the year-over-year growth goes.
And I will say this,
when I was doing the research for this video,
most of the highest paying jobs out there
were all in engineering related fields.
So rather than giving you guys five different degrees here
that are all related to engineering,
I'm only going to mention one related to engineering.
The rest will be something different.
Because let's be honest here guys,
at the end of the day,
a lot of people just don't want to be an engineer,
myself included.
All right, guys, so coming in at number one here
should be no surprise to you.
That is electrical engineering.
Based on the growth and the demand
in the consumer electronics industry,
electrical engineers are in high demand as well.
Now, just how much money can you make
as an electrical engineer?
Well, according to Glassdoor,
the starting base pay is $86,280 per year.
So what exactly does an electrical engineer do?
You're going to be planning
and designing electrical systems.
So this includes schematic drawings,
this includes blueprints.
So you'll be doing design work
for different electrical systems out there.
And electrical systems in general
are just getting more complicated.
Devices and technology are getting more complicated.
We have smart home technology,
you know, building automation,
so you're just going to see more and more demand
for the electrical engineering skillset.
Okay, so number two on the list here,
assuming you're not interested in electrical engineering,
is getting into the field of nursing.
And this has been a very good skill to have
over the last couple of years,
and it will continue to be going forward.
So just how much money can you make as a nurse?
Well, according to payscale.com,
the average hourly rate for a registered nurse
is $29.36 per hour.
Now, oftentimes with the field of nursing,
you are going to be working long shifts,
maybe even 12 to 16 hours,
and there's oftentimes the opportunity for overtime,
so you could probably make even more
than just that base hourly rate of pay.
And the reason we're seeing such high demand on nursing,
well, one reason in particular
is that people are living longer than ever before.
And with the growth of this older population,
you're going to need more people
to help taking care in nursing facilities
and related areas like that.
Now, obviously, nursing is not for everyone,
and you're going to have to be on your feet
working long hours.
But one thing that is very interesting is that
traditionally nurses was looked at
as a more feminine field or job for women,
but now we're seeing more and more men
getting into nursing as well,
because frankly, it's a great area of employment,
you're gonna have healthy job demand,
and you can make good money without a ton of schooling.
All right, so coming in at number three
is getting a degree in computer sciences.
So just how much does somebody in this field make?
Well, according to PayScale,
the average salary
for somebody with a degree in computer sciences is $85,000.
Now, eventually you will specialize
into a more specific field,
for example, programming, networking,
information technology, or cybersecurity,
or other different fields like that.
But if these areas interest you,
there is a lot of money to be made in computer sciences.
So obviously, you wanna be somebody
who is interested in coding,
or somebody who has very good attention to detail.
What kind of jobs can you get
with a computer sciences degree?
Well, this could be anything from app design,
to video game design, IT security, and more.
So there's a ton of different job opportunities out there
with a computer sciences degree.
All right, coming in at number four
is getting a degree in construction management.
So just how much could you expect to make
with a construction management degree?
Well, according to salary.com,
the salary range for a construction manager
is anywhere from $95,000 per year up to 126,000 per year.
Now, this is going to be a higher stress job,
and you're gonna have to be good
at juggling multiple projects at once,
because essentially, as a construction manager,
you're in charge of overseeing
different construction projects and managing contractors.
And essentially, your job is to make sure
that everybody is happy.
You're making sure that deadlines are being met,
that your workers are happy,
and your clients are happy with the work as well.
So to be a good fit for this type of job,
you would wanna be a good leader and a good manager
and somebody who is good
at managing multiple projects at once.
I know personally I would be terrible at this job
because I am just not a good manager,
but if you are somebody who has that skillset,
this could be a great field to get into
and something you may wanna consider in terms of education.
And then fifth and finally,
we have the category of finance or economics
or getting your MBA.
This has been a popular education for a very long time,
and it is still a good area to get into.
Now, this type of degree
will typically gear you towards a financial related field.
And you may be wondering just how much money you can make.
Well, according to Investopedia,
the average salary for somebody with a finance degree
is $61,000 per year.
Now, that may not sound like a lot,
but there are specific fields within finance
that do make a lot more money.
For example, being a financial planner
is a field where you can make a lot of money
because you build up a client base
and you typically earn a percentage
of what they invest every single year.
Another area where you tend to make a lot of money
is being a financial analyst
where some jobs start out at $100,000 per year or more.
And we also mentioned earlier on
that the industry of accounting and legal
is seeing a lot of job growth,
so getting a job as an accountant
is also a good option here as well.
So anyways guys, that's gonna wrap up this video here.
Those are the five industries that are seeing,
you know, the most growth in terms of job opportunities,
and then five degrees
that may be good options going into 2020
as far as strong demand for these particular skillsets.
Let me know what you guys think of these different degrees
down in the comment section below.
If anybody is working in these fields,
I would love to hear what you guys think
and what feedback you guys have.
But thanks so much for watching this video.
I hope you enjoyed it,
and I will see you in the next one.