00:00I've got the seven most useful college
00:02majors where you can earn six figures
00:04and in some cases you can do it in your
00:06very first job right out of college like
00:09I did and the first one on the list is
00:11going to be a tie between statistics and
00:14Mathematics so I know the moment you
00:16hear mathematics you're probably going
00:17to be afraid but I found this really
00:19good quote it's mathematics is not about
00:21numbers equations computations or
00:23algorithms it's about understanding this
00:25is by William Paul Thurston so the way
00:28you think about mathematics is it's kind
00:29of like a Swiss army knife right a Swiss
00:32army knife has multiple tools that can
00:34be used for many different purposes and
00:36in the same way mathematics has a wide
00:39range of techniques that can be applied
00:40to many different fields so whether
00:42you're interested in business finance
00:43computer science engineering or even art
00:46mathematics has something to offer so
00:48for instance there was a mathematician
00:49named James Simons who became one of the
00:51most successful hedge fund managers on
00:54Wall Street so let's go ahead and look
00:55at the statistics with this one I'm not
00:56going to spend too much time on it but I
00:58am going to use these statistics from my
00:59my college degree ranker and this is the
01:02newest 2023 version of the college
01:04degree ranker so the early career pay is
01:06going to be 57 000 the mid-career pays
01:10around a hundred and two thousand the
01:12demand score is off the charts at 120
01:14out of a hundred and the meaning is
01:16about 45 which is decent and the total
01:19amount of Bachelor grads per year is
01:22000. so let's quickly talk about the
01:24pros and the cons of getting a
01:26mathematics or statistics degree so
01:28first of all your skills are going to be
01:30very versatile mathematics and
01:32statistics related skills can be used in
01:34just about every business just about
01:36every industry out there there's also a
01:38high demand for your skills there's not
01:40that many people who are good at
01:42mathematics and if you are good at it
01:44and especially if you like doing it this
01:46can be great and the salaries tend to be
01:48really competitive so if you are really
01:50good at mathematics especially if you
01:52specialize in a certain industry or a
01:54business you can get paid really well
01:55now let's talk about some of the cons so
01:58there are Lim limited job opportunities
02:01for doing purely mathematical related
02:03things so typically you're going to be
02:04using your math skills but you're going
02:06to be using it in such a way where
02:08you're probably not challenging yourself
02:09nearly as much as what you studied in
02:11school speaking of studying in school
02:13that's another con is that mathematics
02:15is relatively difficult it's probably
02:17one of the hardest degrees and the third
02:19con is of course that a lot of people do
02:22not like mathematics so of course if you
02:24don't like math do not get a mathematics
02:26degree overall mathematics degrees do
02:28offer quite a bit so you're going to
02:30learn versatile skills you're going to
02:32have high demand you're going to have
02:33really good personal satisfaction and
02:35it's going to teach you how to
02:36accurately count all the times that you
02:38smash the like button on my videos
02:40number six on the list is going to be
02:42another tie it's going to be between
02:44accounting and finance now accounting
02:47and finance are both going to have to do
02:48with the financials of a company but
02:51typically accounting is going to look at
02:53the ins and outs that happened in the
02:55past whereas Finance is going to try to
02:57predict or model the ins and outs that
02:59are going to happen in the future so
03:01accounting tends to be a little more
03:02versatile there's typically more
03:03accounting jobs but finance jobs tend to
03:06be higher paying but they're also more
03:08competitive and there's definitely some
03:09downsides and I really like this quote
03:11by Warren Buffett it goes the stock
03:13market is a device for transferring
03:15money from the inpatient to the patient
03:17and I definitely agree with that as
03:19messed up as it is I wish it wasn't like
03:21that but that is absolutely true all
03:23right so let's look at the stats really
03:24quickly the early career pay is about 55
03:28000 mid-career pays 98 000. the demand
03:31score is going to be 133 out of 100
03:33which is amazing the meaning is 40 which
03:35is on the lower side and the bachelor
03:37grads per year is about 37 000 and this
03:39is for the finance degree I'm just using
03:41that one as an example but the
03:42accounting degree has really good stats
03:44as well so some of the pros of getting
03:45an accounting or a finance degree would
03:47of course be high earning potential
03:49especially with a finance degree you can
03:51make a ton of money but even with an
03:53accounting degree there are positions
03:54out there where you can make a lot of
03:56money for instance I interviewed Bill
03:57Hannah the financial controller on this
03:59Channel and he makes I believe well over
04:01two hundred and fifty thousand dollars a
04:03year and he got an accounting degree the
04:05second Pro is there is a wide range of
04:08career options just about every industry
04:10every business out there needs an
04:13accountant so if you get into accounting
04:15you don't like the specialty that you
04:16chose it's very easy for you to switch
04:18into a different type of specialty or if
04:20you don't like the business that you
04:22work for it's going to be very easy for
04:23you to go to a different company and
04:25then the third Pro here is going to be
04:26transferable skills so when you get an
04:29accounting degree for instance you are
04:30going to learn how to manage your money
04:32you're going to learn all about how
04:34money works and that is going to help
04:36you in your personal life as well so
04:38people who get accounting degrees tend
04:39to be really good when it comes to
04:41financial management things like
04:43investing saving making good financial
04:45decisions so some of the cons of getting
04:47specifically a finance degree are going
04:50to be intense competition and this goes
04:52for you if you get an accounting degree
04:53and then you try to go for some of the
04:55more competitive jobs as well but yeah
04:57the finance industry is highly
04:59competitive it's kind of like a winner
05:00takes all zero-sum game type of Industry
05:03so there are people who work in finance
05:05that make tens of millions sometimes
05:07even billions of dollars a year there's
05:09hedge fund managers that make billions
05:10of dollars a year and then there's a ton
05:12of people who work in finance that don't
05:13last very long and then the second con
05:15is long work hours if you're going to be
05:18working in finance chances are you're
05:19going to be working 60 to 80 maybe even
05:22more hours per week and the and then the
05:25third con is the stressful work
05:27environment and the risk of burnout
05:29number five on the list is going to be
05:31management information systems now this
05:34one is technically a business degree but
05:36it is a business degree that has
05:38technology related aspects to it and it
05:40tends to specifically focus on
05:42information AKA data and I've talked a
05:45lot on this channel about how data is
05:47more valuable than even oil or gold and
05:49it's definitely kind of messed up how
05:51they've been collecting our data without
05:52our consent like basically semi
05:55illegally but they're you know no one's
05:57probably going to get in trouble for it
05:58but they definitely were not supposed
05:59supposed to do it but they did it
06:00anyways but yeah that's a topic for a
06:02different video so Mis is basically kind
06:05of like a company's GPS right so just
06:08like a GPS is going to guide you to your
06:10desired location in the most efficient
06:12way possible Mis is going to help you
06:14use data to run your company in the most
06:17efficient way possible so when it comes
06:19to the stats Mis is really solid early
06:20career pay is going to be about 60 000
06:22mid-career pays a hundred and five
06:24thousand the demand score is 113 out of
06:27100 which is great and the meaning is 42
06:30which is relatively good for business
06:32degrees because they tend to be a little
06:33bit low and then the amount of Bachelor
06:35grads per year is a little over seven
06:36thousand so some of the pros of getting
06:38an Mis degree first of all you are going
06:40to have a super flexible skill set right
06:42when you learn about business and
06:44technology that's such a rare
06:45combination and just about everybody out
06:48there is going to need that skill set it
06:50also has really high demand there's
06:52great career opportunities the salary is
06:54really competitive it's a constantly
06:56evolving field and there tends to be
06:58high job status this faction some of the
07:00cons of getting an MS degree is the fact
07:03that you are going to have to learn some
07:04really technical skills it also tends to
07:06be a fast-paced environment there is a
07:09risk of burnout and because of the fact
07:10that you're kind of working with data it
07:12is relatively limited when it comes to
07:14creativity now one thing I will say
07:16about technology related careers is a
07:18lot of the time you can get into them
07:20without a college degree now that
07:22doesn't mean college degrees are scams
07:24by any means they can help people get
07:26into it but you do have to take it on a
07:27case-by-case basis because for some
07:29people going to a boot camp getting a
07:31certification maybe you know doing self
07:33training even can be a good idea for
07:36instance I've interviewed a ton of
07:37people on this channel that have gotten
07:38entry-level technology related jobs like
07:41James for instance who is able to get a
07:42job in two weeks and he didn't even have
07:44access to a computer he literally used
07:46an iPad and I will link that so you can
07:49check it out if you want to number four
07:51is going to be computer science and this
07:54is one of the best degrees out there and
07:56computer science of course would lead
07:57you to going into software develop and
08:00there's a quote by Steve Jobs where he
08:02basically says everybody in this country
08:04should learn to program a computer
08:05because it teaches you to think and
08:07computer science really is like a
08:09toolbox that is filled with many
08:11different versatile tools and these can
08:13be used to solve complex problems but
08:16with that being said you definitely do
08:18have to know your stuff it used to be
08:20you could get into software development
08:21basically knowing nothing as long as you
08:24kind of networked and now you do
08:26actually have to know your stuff you
08:28have to actually know how to be a
08:30software developer you know there's a
08:31really good quote by Pablo Picasso where
08:33he basically says computers are useless
08:35they can only give you answers and
08:37that's actually a really deep quote
08:39because basically what he's saying there
08:41is we're real intelligence lies is
08:44asking the right questions and if you
08:46don't ask the computers the right
08:47questions then you're not going to get
08:49good answers right garbage in garbage
08:52out and this is why with chat gbt for
08:54instance everybody's freaking out about
08:56this thing called prompting and
08:58prompting what it essentially is is is
09:00asking the right questions and when you
09:02ask it the right questions you're going
09:03to get better answers now when it comes
09:05to the stats here this is actually my
09:07number one degree out of like 900
09:09Degrees on my college degree ranker so
09:11the early career pay is going to be
09:13about 68 000 mid-career pays a hundred
09:16and fourteen thousand the demand score
09:18is absolutely off the charts at
09:20154. the meaning is 41 which is kind of
09:24normal for technology related degrees
09:25and the number of Bachelor grads per
09:27year is about 23 000. so some of the
09:30pros of getting a computer science
09:31degree I mean there is a lot of Pros I
09:33mean high demand competitive salary
09:36versatile skills creativity access to
09:40benefits that you can get when you work
09:41in technology that you probably aren't
09:43going to get in any other industry I
09:45mean the list really goes on and on and
09:46on some of the cons of a computer
09:48science degree is first of all the
09:50curriculum is extremely challenging it
09:52is one of the harder degrees another con
09:54is the technology is constantly changing
09:57another con is the job mark Market has
10:00gotten more competitive you really do
10:01need to know your stuff and you need to
10:03specialize to get a job in software
10:05development and another con is it is a
10:07relatively sedentary lifestyle so you're
10:09going to be sitting on your computer
10:10typing quite a bit also many software
10:13developers find their job to be
10:14relatively boring because they'll
10:16typically do like one to three hours of
10:18work and then they have nothing to do
10:19for the rest of the day which is a
10:21quality problem to have and I've made an
10:23entire video about whether a computer
10:24science degree is worth it or not you
10:26can definitely check that out so if you
10:28find videos like this informative by the
10:29way definitely share this with friends
10:31and family that is one of the main ways
10:33that people actually find my channel is
10:36people find it extremely informative
10:37they think it's super valuable because
10:39nobody else is really doing this this is
10:41kind of the channel That I wish that I
10:43had at 18 for instance and so they'll
10:44share it with their friends or their
10:46family whenever they see somebody who
10:47needs to see it number three on the list
10:49is going to be industrial engineering
10:52and this is actually one of my favorite
10:53engineering degrees and there's a great
10:55quote about industrial engineering which
10:57is industrial engineering is not not
10:59just about manufacturing it's about
11:01improving any system including Health
11:03Care finance and even entertainment this
11:05quote is from Lisa Bosman who is the
11:07president of the Institute of industrial
11:09and systems Engineers industrial
11:10engineering is basically a combination
11:12of engineering and sort of a logistics
11:15slash operations management type role
11:17and an industrial engineer is kind of
11:19like the conductor of an orchestra just
11:21how a conductor coordinates different
11:23musical instruments to make a beautiful
11:25Symphony industrial Engineers are going
11:27to coordinate the different aspects of a
11:29system in order to optimize its
11:31performance so the stats here are really
11:33good as well so early career pay is
11:36sixty seven thousand dollars a year
11:38mid-career pays a hundred and ten
11:39thousand demand score is really good at
11:41101 out of 100 meaning is 46 percent and
11:45the bachelor grads per year is about 5
11:47000. so some of the pros here are going
11:49to be high demand diverse job
11:51opportunities High earning potential
11:54problem solving skills and continuous
11:56learning I guess the continuous learning
11:58could be a Pro oricon depending on your
12:01perspective some of the cons here are
12:03there is a very high academic demand
12:05engineering school is no joke the
12:08workloads can also be relatively heavy
12:10there can be high stress levels as well
12:12there is limited creativity in this
12:14career and you're going to have limited
12:16interaction with other people next one
12:18on the list number two is going to be
12:20mechanical engineering and a really good
12:22quote here is mechanical engineering is
12:24the basis of all engineering it provides
12:26the background for understanding and
12:28designing everything from Tiny micro
12:30mechanical devices to large systems such
12:32as spacecraft and this was actually from
12:34the lead of the Mars rover project whose
12:37name is Adam stelzner so mechanical
12:39engineering is basically the backbone of
12:42modern technology just as the backbone
12:45provides stability and support in the
12:47human body mechanical engineers design
12:48and build structures and systems that
12:50power the world so the stats on this one
12:52are really good as well 66 000 early
12:55career pay 110 000 mid-career pay the
12:58demand score is a 105 the meaning is 51
13:01percent and the bachelor grads per year
13:03is 32 000. so some of the pros of
13:06getting a mechanical engineering degree
13:07are going to be job opportunities lots
13:10and lots of job opportunities I mean
13:12mechanical engineer that skill set is
13:14incredibly flexible right and that is
13:16the next Pro which is a flexible skill
13:19set you also have high earning potential
13:21you can make a lot of money as a
13:22mechanical engineer or in careers
13:24related to mechanical engineering I've
13:27talked about this before on the channel
13:28but Engineers over a lifetime make the
13:30most money out of any type of degree
13:32another Pro is innovation mechanical
13:34engineers are great at innovating and
13:36you know coming up with Creative
13:37Solutions to different problems that
13:39people are having in the world some of
13:40the cons are of course the challenging
13:42coursework uh engineering school is no
13:45joke like I said engineering degrees are
13:47incredibly difficult another con is
13:49engineering jobs especially at the entry
13:50level do tend to be relatively
13:52competitive there's also a high level of
13:54responsibility the work hours can also
13:56be long and you have limited creativity
13:59the next one on the list is going to be
14:00a Nursing degree or any other health
14:02care related degree and nurses are
14:05basically like the foot soldiers of the
14:07Health Care System right they're in the
14:09trenches helping people out with their
14:11own hands and the stats on this one are
14:13great so early career pay is 60 000.
14:16mid-career pay is 79 000 but keep in
14:19mind a lot of nurses work part-time so
14:21it's probably in reality a lot higher
14:22than that the demand score here is off
14:24the charts at 135 the meeting is off the
14:27charts at 83 percent and healthcare
14:28related degrees tend to be very high and
14:30there are 134 000 Bachelor grads per
14:33year so the pros of getting a Nursing
14:35degree is there's very high demand the
14:38salary is also really good the job
14:40satisfaction does tend to be relatively
14:42High especially in the long run because
14:44of the fact that you're helping people
14:46out so much nursing also tends to be one
14:48of the most versatile Healthcare
14:50professions and there's also opportunity
14:52for continued learning as well as career
14:54advancement within nursing some of the
14:56cons of nursing is it tends to be
14:58extremely physically and emotionally
15:00draining there's also quite a bit of
15:01educational and training requirements
15:03sometimes the hours can be really weird
15:05so you might be working like 12 hour
15:07shifts and that could be a pro or a con
15:09so for instance when I was in healthcare
15:10I absolutely loved 12-hour ships because
15:12they felt about the same as eight hours
15:14to me another con is you have to deal
15:16with a bunch of red tape right the
15:18government has certain regulations they
15:20might make you do things that you don't
15:21enjoy like in the you know whole cough
15:23cough situation that happened I think we
15:25all knew that the government had no idea
15:28what they were doing and it was
15:29absolutely ridiculous but you couldn't
15:30really say anything and there is
15:32potential for high levels of burnout
15:34click on this video right now to check
15:36out my Ultimate Guide to choosing a
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