1. Accounting: FAME (finance, accounting,
management and economics) subjects are largely concerned with money – and they
can also help you rake it in. For accountancy graduates, a number of high
earning options are available. In Hong Kong, for example, an internal auditor
working in the financial services industry would be looking at an annual salary
of US$39,000-US$77,000, while a finance director in the corporate sector could
earn US$103,000-US$180,500.
2. Business: You got to spend money to
make money, so it’s logical that a degree in the art of making money could be a
quick route to any number of high earning careers. And you can start doing so
from the very beginning. A UK investment banker’s starting salary is a whooping
US$54,300, while a retail or commercial banker starts on US$44,250. Get further
on and the figures can get silly…
3. Chemical Engineering: Research by
Georgetown University has found that experienced graduates of chemical
engineering earn, on average, US$94,000, while a graduate degree holder can
earn an impressive US$101,000. Unsurprisingly, working in the field of
petroleum is particularly lucrative. Average US salaries in this industry are
US$138,980, while in Australia they range from US$141,000-179,000.
4. Computer Science: It seems safe to say
that computer science graduates will be in high demand for the foreseeable
future, across a wide range of industries and functions. Coupled with the complex
and demanding nature of these roles, this means that remuneration is handsome.
A new graduate can expect to earn US$50,000, rising to US$81,000 for those with
experience or to US$96,000 for those with a graduate degree.
5. Dentistry: Wherever you go in the
world, people tend to care about their teeth – and they tend to be willing to
pay for it too! Ergo, dentists are mainstays of best-paid profession lists
across the world. In the US dentists and orthodontists earn US$161,750-$204,670
on average, while in the UK, a publicly employed dentist performing a range
of extra services could potentially earn – get this – over US$300,000!
6. Engineering Management: Engineering and
management are both pretty lucrative professions, so imagine what would happen
if you combined the two? Yep, that’s right: massive salaries. An engineering
manager in Australia stands to earn in the region of US$163,000-217,500. In
Canada the same role will earn you US$113,000, while in the US the figure is
US$116,738.
7. Law: Law is of course, one of the most
prestigious degrees out there, and with prestige comes high earnings. Wherever
you go in the world, solicitors, barristers and judges are among the highest
earners. A company lawyer in the UK, for instance, stands to earn over
US$95,000 a year, while a judge in Canada earns US$178,000.
8. Medicine: No list of lucrative degrees
would be complete without medicine. Whether you choose to be a general
practitioner, a surgeon or a consultant, those long hard years in medical
school certainly do pay for themselves…eventually. They certainly do in
Australia, where a GP stands to earn between US$166,000 and US$204,000. Be
warned though, it is a lot of hard work, the hours are long and it is extremely
competitive and often expensive.
9. Marketing: The art of helping people to
make money by making their products or services appealing is big business, so
for marketing graduates with talent and ambition, the sky is the limit. Work
your way up to a marketing director role in the UK, for example, and you would
earn US$106,000 on average. It’s a similar story in the US, where the average
salary for a marketing manager is US$126,190.
10. Pharmacy: Completing our trio of high
earnings health professions is pharmacy. Like the medicine and dentistry the
training and work is long and hard, but with pharmacists’ average earnings
standing at US$62,000 in France and a huge US$112,160 in the US, it may just be
worth the effort.
Sources: (Statistics Canada (Canada); Seek.com.au
(Australia); Office of National Statistics (UK); The Association of Graduate
Recruiters (UK); ACCA (worldwide); NHS Information Centre (UK); Bureau of Labor
Statistics (US); Georgetown University Center for Education and the Workforce
(US); SalaireMoyen.com (France))
DEFINITION OF BA DEGREE, BS OR B.SC. DEGREE:
BA degree: The
Bachelor of Arts degree is conferred for broad and liberal education in
humanities, arts, social sciences, and sciences. College BA requirements
provide: a) a breadth of preparation in these fields that is significantly
greater than that required of all undergraduates through the baccalaureate
core; and b) foreign language proficiency certified by the School of Language,
Culture, and Society as equivalent to that attained at the end of the second
year course in the language. Proficiency in American Sign Language equivalent
to that attained at end of the second year also meets the BA language
requirement.
BS or B.Sc. degree: The
Bachelor of Science degree is conferred for focused curricula that emphasize
scientific ways of knowing and quantitative approaches to understanding in the
sciences and social sciences, and for curricula in professional fields.
DEFINITION OF UNDERGRADUATE, GRADUATE AND POSTGRADUATE
UNDERGRADUATE: The first degree you study towards at university is called an undergraduate degree, e.g. Bachelor of Arts, Bachelor of Laws. Certificates and diplomas are also undergraduate qualifications. An undergraduate student is one who is studying for their first (bachelor’s) degree, or a certificate or diploma.
GRADUATE AND POSTGRADUATE : A graduate is a person who has met the requirements for a degree and been awarded it.
•
Postgraduate and graduate courses can only be taken by
students who have already completed a bachelor’s degree, i.e. graduates.
•
Postgraduate qualifications involve more advanced study
in the area of your first (undergraduate) degree. They include honours and
master’s degrees, postgraduate certificates and diplomas, and doctorates
(PhDs).
•
Graduate qualifications normally involve study in an
area other than the area of your first degree. They allow you to change subject
areas and some prepare you for employment in a certain field, e.g. journalism,
teaching. Graduate qualifications include graduate certificates and diplomas.
POLYTECHNIC Vs UNIVERSITY
We all know the significance and
importance of universities in higher studies. There are universities in all
major cities of different countries, but it is too much to expect universities
to cater to every section of a population because of resources required.
Though, every attempt is made by universities to provide education to students
in arts, science, law, commerce, business, engineering and medical streams, it
is seen that specialized institutions that are set up for imparting education
in a particular stream are somewhat more successful because of centralized
processes. This is precisely the reason why we see emergence of polytechnics in
various parts of the world, where there is greater emphasis on imparting
technical education, and the courses are designed to be more practical than the
theory oriented courses in universities. There are many more differences
between universities and polytechnics that will be talked about in this
article.
In many countries, polytechnics
are considered as engineering schools which is only partially correct. These
are educational settings that are made use of in imparting practical knowledge
and apart from engineering degrees; these centers are used to provide knowledge
in applied sciences and industrial arts. This is of great help to students who
want a degree or diploma that gets them immediate jobs after completion. There
is also a difference in the duration of courses. In universities, courses
typically are of longer duration, taking 2-5 years to complete,
whereas polytechnics are famous for diplomas and certificates in industrial
arts that get completed in 6-12 months and a student gets absorbed in the
industry immediately thus, solving the problem of unemployment greatly.
DIFFERENCE
BETWEEN POLYTECHNIC AND UNIVERSITY
1. Universities
are broader in approach, and teach subjects with an emphasis on imparting basic
knowledge with a lot of theoretical aspect with a little bit of projects work
and lab assignments.
2. On
the other hand, polytechnics are more practical in their approach, and take up
smaller courses that are industry specific and not taught in universities.
3. So
in addition to engineering degrees, there is a plethora of other courses,
diplomas, and certificates that are offered in these polytechnics that are of
shorter duration and help students in getting jobs in industries.