00:00what's happening guys it's shane here
00:02and in today's video we are going to be
00:03talking about the most useful degrees so
00:07we're basically going to be going over
00:08majors where the skills that you learn
00:11are going to be able to be directly
00:14applied to the real world you know a lot
00:16of degrees have the problem where yes
00:18you learn a lot of skills but it's a
00:20little bit difficult to see how those
00:22skills are going to translate to the
00:24real world translate to helping you find
00:27a job or in many cases help you to start
00:29a business or teach you skills that are
00:31going to make your personal finance
00:32journey easier so this is going to be a
00:34very exciting video guys uh before we
00:36get into it make sure to gently tap that
00:38like button hit the subscribe button and
00:40ring the notification bell let's aim for
00:441837 likes on this video alright so
00:47number 10 on the list is going to be
00:50economics and you might be surprised to
00:52see this one because it is a liberal
00:55arts degree but this is actually one of
00:57the better ones when you look at the
00:58statistics they are pretty good and by
01:01the way i'm going to be sharing uh
01:03basically my degree ranker in this video
01:05uh this is usually only available to
01:08people who you know subscribe to my
01:09patreon or buy one of my courses but i
01:11am going to be sharing that information
01:13in this video so stay tuned for that so
01:15with this one the early career pay is 56
01:18000 a year and mid-career pay is 107
01:22000. that is a salary score of 67.25
01:26which is really good on top of that this
01:27is one of the degrees that creates the
01:29most millionaires so a lot of people who
01:32get economics degrees end up becoming
01:34millionaires now that could be for a few
01:36different reasons one maybe they start
01:38their own business so economics degree
01:40will teach you the skills where it would
01:42make it more likely that you'll be
01:43successful starting your own business
01:45two maybe it teaches you some personal
01:47finance skills and some investing skills
01:49if you know how to read the economy
01:52you'll likely make better investing
01:53decisions or three it could just be
01:55complete correlation people who are
01:57interested in economics are you know
01:59tend to be more interested in getting
02:01rich as well but it's probably a little
02:03bit of a combination of all three of
02:05those things now when it comes to the
02:06demand score the best way to determine
02:08this is to look at job sites and then
02:10see how many of them list the degree
02:13itself in the job listing so you see how
02:15many jobs on indeed.com or monster.com
02:18have the keyword economics degree and in
02:21this case many many jobs do so over 20
02:24000 for instance on monster.com had this
02:27listed that's a demand score of
02:29107.4 out of 100 so there's very good
02:32demand for an economics degree now the
02:34meaning score for this one is relatively
02:38uh but to be honest with you if you're
02:39somebody who really loves economics you
02:42know you're gonna enjoy yourself so just
02:43make sure that you're getting into
02:45something that you're actually
02:46passionate about and you enjoy doing i
02:48forgot to mention the number of bachelor
02:50grads last year was 30 000. so overall
02:53economics degree can be a really good
02:54choice and it is pretty useful number
02:57nine on the list is going to be a
02:59physics degree and last year 6 000
03:01people graduated with a bachelor's so
03:03for this one early career pay is 60 000
03:05mid career pay is 113 000 that is of
03:08course very good the number of jobs
03:11available was about 15 000 which is a
03:14demand score of 105. the meaning score
03:16is a little bit higher at about 48
03:19so physics in my opinion is a very
03:21difficult degree to get and so for that
03:23reason companies know when they hire
03:26physics grads that they're getting
03:27somebody who's probably very smart and
03:29very hard working so you see a lot of
03:31companies actually hire physics
03:33graduates for positions that have
03:35absolutely nothing to do with physics so
03:37for instance you might graduate with a
03:39physics degree and you become a software
03:41developer or you go into finance and
03:42become a finance analyst so yeah even
03:45though these first two might not be top
03:46of mind when you think of a practical
03:49indirectly speaking they are both kind
03:52of practical number seven on the list is
03:54going to be a statistics or a
03:56mathematics degree so these are very
03:58similar to physics a very difficult
04:01degree to get and also just in general
04:03it's hard to find people who are really
04:06good at statistics or mathematics so
04:08it's a relatively rare skill most people
04:10hate math so if you're somebody who's
04:12good at it you basically just have a
04:14competitive advantage so this one starts
04:16off at an early career pay of 57 000 and
04:19mid career pay is 102 000. now on top of
04:22that there are 58 000 job listings that
04:24have mathematics degree as a keyword and
04:27that is a fantastic sign that there is a
04:30lot of demand so the demand score here
04:32is a hundred and twenty meaning is 45 so
04:36you know not too bad and last year for a
04:38mathematics degree for instance uh there
04:40were 17 000 graduates and the number of
04:43graduates can be somewhat important
04:44because it basically tells you that it's
04:46a brand name degree and that means that
04:49a degree that a lot of hiring managers
04:51and business owners actually recognize
04:53sometimes if you get a really rare
04:54degree people just simply don't
04:56recognize it and so they'll probably go
04:58for the applicant that has the more
05:00common degree just because of the fact
05:02that they know what they're getting
05:03number seven on the list is going to be
05:06marketing and you are probably surprised
05:08to see this one now not only is this
05:11practical in the real world there's tons
05:13of marketing jobs out there but it's
05:15also really good if you want to start
05:17your own business with this degree
05:18you'll make 48 000 a year starting out
05:21and 89 000 in mid-career pay so that's
05:24relatively low compared to a lot of the
05:26other salaries on this list but what
05:29makes up for it is the demand there are
05:32130 000 job listings that have marketing
05:35degree listed in them and that is a
05:38146 i believe that's the second highest
05:41demand out of all the degrees available
05:44now the meaning score is relatively low
05:46it's 39 so make sure that you know what
05:48you're getting into if you decide to go
05:50for marketing next one on the list
05:52number six i'm actually including two
05:54different degrees here because they're
05:55pretty similar and that is going to be
05:57accounting and finance so these two
06:00degrees as well as the marketing degree
06:01made it on the list of the top 10
06:03degrees that create the most
06:05millionaires there are a lot of business
06:07degrees on that list and not only are
06:09they practical for starting a business
06:10but they're going to teach you really
06:11good personal finance skills they'll
06:13likely help you with investing and
06:14making good money decisions and on top
06:17of that there is a good amount of demand
06:19for jobs so for finance for instance
06:21they start off making about 55 000 a
06:24year and 98 000 in mid-career pay and
06:27the number of jobs available is 95 000
06:31and that's with 37 000 people graduating
06:34with a bachelor each year so those are
06:36really really good ratios that means
06:38there's basically three times the amount
06:40of jobs available as there is people
06:42graduating almost a three to one ratio
06:44that is very good and that's a demand
06:47133 now the meaning is relatively low at
06:5040 percent so again make sure you know
06:53what you're getting yourself into make
06:54sure you are passionate about it if
06:56you're interested in it but yeah this
06:57can be a very good one and i will say if
07:00you're somebody who is you know really
07:01competitive really driven like an a type
07:03personality this can be especially good
07:06because finance is one of the uh
07:08industries and one of the degrees uh in
07:11general that creates a lot of like more
07:13than just millionaires we're talking
07:14like deca millionaires billionaires so
07:17yeah there is a ton of opportunity in
07:19the finance industry a lot of really
07:20cool things happening right now in
07:22finance you know you've got all these
07:24apps popping up you've got
07:26cryptocurrency defy so a ton of
07:28opportunity in finance right now number
07:30five on the list is going to be
07:32management information systems so this
07:35is basically a combination of business
07:38and technology so if we were to kind of
07:40categorize this one it would be about 40
07:43business thirty percent uh i t which is
07:45information technology and then thirty
07:48percent computer science now business
07:50and technology are two of the most
07:52valuable skills that you can possibly
07:54learn pretty much every company out
07:55there whether it's a big company or a
07:57small company is probably looking to
07:59hire people who have business skills and
08:01or technology skills and it's extremely
08:04rare to find somebody who has both so
08:06yeah really good one starts off about
08:08sixty thousand dollars a year and
08:10mid-career pay is a hundred and five
08:13thousand also i think this one is on the
08:15up and up just because of the fact that
08:16it is relatively new now the number of
08:18jobs available is 39 000 with only 7 000
08:22graduates last year that is over a five
08:25to one ratio so again extremely good
08:28odds and that's a demand score of a
08:30hundred and thirteen the meaning is 42
08:33so you know decent uh for business
08:36degrees that's about average so yeah
08:38very practical degree teaches you skills
08:40that are high in demand on top of that
08:43it probably is going to teach you skills
08:45that are going to help you start your
08:46own business because let's be honest
08:48pretty much all businesses these days
08:50especially after the events that happen
08:51the last two years are technology-based
08:54i have had tech issues on this youtube
08:57channel and i've had to actually call
08:58people in uh to help with the issues
09:01even though i'm you know pretty decent
09:02at it myself i still have had to call
09:04people in and they were charging a good
09:06amount of money per hour so there's you
09:08know definitely a lot of demand for
09:11it's very practical directly as well as
09:14indirectly this can be a great choice
09:16especially if you're somebody who's kind
09:17of interested in business you don't want
09:18to take a super difficult degree this
09:21can be a good choice for you number four
09:23on the list is going to be computer
09:26science so yeah if you're trying to get
09:27to the six figure level uh this is
09:30probably the most valuable skill that
09:32you can learn computer programming
09:33software development and when you go
09:35into the technology industry which you'd
09:37likely be working with a computer
09:38science degree it's not just the salary
09:40and the salary here is pretty good it's
09:4268 000 a year starting out and 114 000
09:46in mid-career pay but beyond that you
09:49have a bunch of other incentives so a
09:52lot of the time you'll end up getting
09:53bonuses and stock that sometimes can be
09:56as much as your base salary and then on
09:58top of that there is a ton of amazing
10:00benefits in the technology industry
10:02we've all seen how you know all these
10:04big companies like netflix and google
10:07treat their employees so with this one
10:08there was a hundred and fifty three
10:10thousand job listings and that's with
10:13twenty two thousand graduates that is
10:15almost a seven to one ratio so the
10:18demand score is i believe the highest on
10:20the entire list and that is 154.
10:23the meaning is 41 so that's about
10:26average for technology related degrees
10:28and yeah you know i've talked about this
10:29one a lot on the channel super solid uh
10:32overall just objectively speaking
10:33probably the best degree that you can
10:35get but there are a few degrees that in
10:38my opinion are more useful more
10:41practical number three on the list is
10:43going to be industrial engineering so to
10:46be honest with you engineering degrees
10:48are incredibly useful and incredibly
10:51practical they teach you how to solve
10:53real-world problems you know with
10:55something like a mathematics degree you
10:58are very good at solving problems but
11:00these are kind of like theoretical
11:01problems that don't necessarily apply to
11:04the real world sometimes they do a lot
11:06of the time they do but a lot of the
11:08time they don't but an engineering
11:10degree is basically just practical
11:11problem solving and that's why
11:13engineering was actually number one out
11:15of all the degrees on the list of
11:17degrees that create the most
11:18millionaires now to be honest with you
11:20the top three are going to have degrees
11:22that are very practical
11:24but there would be more engineering
11:26degrees and more health degrees
11:29on this list but i wanted to include a
11:31bunch of different types of degrees so
11:32that everyone in the audience can you
11:35know maybe get a degree
11:37get something out of this video and find
11:38a degree that you know maybe they're
11:40interested in because let's be honest
11:42not everyone is interested in
11:43engineering it's it's very difficult
11:44there's a lot of mathematics but yeah
11:46industrial engineering it's basically a
11:48combination of engineering and business
11:51two super super valuable skills for you
11:54to know you start off making about sixty
11:56seven thousand dollars a year and a
11:58hundred and ten thousand in mid-career
11:59pay that's a fantastic salary of course
12:02the number of jobs available is five
12:04thousand and that's a demand score of a
12:06hundred and one the meaning score is
12:08forty six percent so again about average
12:10for engineering degrees but there's one
12:12other engineering degree that's just a
12:14little bit more practical than this one
12:16it's an extremely flexible degree you
12:19see these types of engineers working in
12:21so many different industries there's so
12:22many different types of companies in
12:24many different types of roles that's
12:26right mechanical engineering is number
12:29two on the list so the early career pay
12:31here is 66 000 and 110 000 in mid-career
12:35pay the number of jobs available is
12:37fifteen thousand and that's a demand
12:40score of a hundred and five so yeah
12:42mechanical engineering extremely
12:44flexible skill set there's so many
12:46different ways that you can go with it
12:48it's not one of the higher paying
12:50engineering degrees but it's one of the
12:51most flexible and to be honest with you
12:53this applies to a lot of different
12:55engineering degrees they do tend to be
12:57pretty practical and pretty useful lots
13:00of companies out there like to hire
13:01engineers even for positions that have
13:03nothing to do with their degree because
13:05again they know that they're getting
13:07somebody who's very hard working and
13:08very intelligent number one on the list
13:11and this is going to be number one by a
13:16health related degrees and just as an
13:18example we're going to be using nursing
13:20so this is nursing of course but it
13:22applies to so many different degrees out
13:24there basically anything that's health
13:26related is incredibly useful and
13:28incredibly practical one thing about a
13:30lot of degrees is you'll get the degree
13:32and then you very rarely end up working
13:35in a field that's even remotely related
13:37to the subject of the degree so you
13:39might get a mathematics degree and then
13:41end up working in business or end up
13:42becoming a programmer or working in
13:44finance but the great thing about health
13:46related degrees is they generally are a
13:49pretty straight track to a specific
13:51career so if you get a nursing degree
13:54you're going to become a nurse if you
13:55get an md you're going to become a
13:57medical doctor and so to be honest with
13:59you this list would probably be full of
14:01healthcare related degrees and
14:02engineering degrees would probably make
14:04it in there as well but i wanted to
14:06include a bunch of different subjects
14:08just because i know not everyone is
14:09interested in health or engineering but
14:11yeah with this one it starts off about
14:13sixty thousand dollars a year and 79 000
14:16in mid-career pay the number of jobs
14:18available is 99 000 and that's a demand
14:23the meaning is also off the charts you
14:25see this for lots of different health
14:27related degrees it's about 83 percent
14:30and meaning score tends to be an
14:31indication of your happiness in the long
14:34term right so it doesn't necessarily
14:36make you super happy in the short term
14:38like eating ice cream or playing a video
14:40game but in the long run it brings
14:42meaning to your life because you know
14:44that you're basically helping other
14:46people out and you're making a
14:47difference in society so yeah 83
14:50health degrees in general have very high
14:53meaning scores hope you enjoyed this
14:54video check my others out right here i
14:56made them just for you go ahead gently
14:58tap that like button hit the subscribe
14:59button ring the notification bell and
15:01comment down below any thoughts comments
15:02etc that you have on the video and i
15:04will see you next time
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