7 Degrees That Can Make You a Millionaire

Some degrees are more likely to lead to wealth, even though hard work and creativity are important in any field. While the type of degree you have doesn’t guarantee wealth, it can influence how much you earn after school.

Many successful business people, like Mark Cuban and Warren Buffett, studied business. On the other hand, tech giants like Mark Zuckerberg and Bill Gates dropped out of college, but their stories are exceptions.

Here are the degrees that can make you a millionaire :

Engineering

Engineering is at the top of the list of degrees that lead to becoming millionaires. Engineers work in many different fields and play big roles in shaping industries.

For example, Carlos Slim, who is worth about $73.3 billion, studied Civil Engineering. Larry Page, the co-founder of Google, and Jeff Bezos, the founder of Amazon, both studied engineering.

Economics/Finance

Studying economics or finance also leads to high earnings. These subjects help graduates understand financial systems, giving them an advantage in many areas. While these degrees are often seen as theoretical, the knowledge they provide is very useful in the real world.

Politics

Degrees in political science can lead to jobs in government, political consulting, and more. Many politicians find lucrative careers in media and public speaking after their time in office.

Mathematics

Degrees in mathematics open up career opportunities in finance, engineering, and more. This versatility helps graduates get well-paying jobs in various industries.

Computer Science

Demand for computer science graduates has increased dramatically, driven by the growth in technology. This has led to high starting salaries for graduates. For example, software developers at top companies can start with salaries of around $120,000 a year.

Law

Although becoming a lawyer takes a lot of work and studying, it often leads to great financial rewards. In the UK, newly qualified lawyers earn between £30,000 and £54,000 at the start, with salaries increasing with experience.

MBA (Master’s in Business Administration)

An MBA is usually done after earning another degree and can significantly boost your earning potential. MBAs are valuable across many industries, especially for those aiming for higher-paying leadership roles. While getting an MBA can be expensive, the return on the investment is generally high, leading many graduates to high-paying positions.