The Best Paying Liberal Arts Degrees
The term “liberal arts” is kind of a catchall for a
variety of interests and specialties. From economics to literary pursuits, the
only limit to your degree is your imagination. However, not all liberal arts
degrees pay equally.
While average liberal arts starting salaries trend around
$40,000 annually, some industries have been raising yearly pay higher and
higher. If you’re interested in a large payday in some of the country’s
fast-paced job markets, here are the degrees you should be considering.
Economics
While a bachelor’s in economics might not get you all
that far on its own (your end goal should be a master’s or Ph.D.) entry-level economist salaries are decent. In
fact, many economics majors find the job market to be much more accommodating
to new hires because numerous positions are available to talented graduates.
While beginning salaries sometimes start around the national liberal arts
average, well-educated professionals (including those who have pursued an online liberal arts
master's degree) with a competitive edge can expect annual take-home
pay in the six-figure range.
Plus, if you have an aptitude for numbers and analysis, plenty of
career paths diverge from the traditional economist’s role. Financial analytics
is a rapidly growing field in which businesses employ consultants to perform
deep dives on their monetary history to find spots where they excel and places
where adjustments need to be made. Insurance agencies and law firms are always
looking for consultants to help them inform their purchase decisions so
graduates with a keen eye won’t have too difficult a time finding a start to
their careers.
Public relations
specialist
It’s no secret that the humble communications major
tends to get a lot of flak. Communications is often
unfairly referred to as an easy major that’s ideal for unmotivated students. While
a few college attendees prove this stereotype true, for the high achievers, it
couldn’t be more removed from the truth. One of the more popular
post-communications roles is that of the public relations specialist, an
individual responsible for setting the tone and brand identity of both
businesses and individuals.
As a bonus, public relations positions offer incredible
career growth, and many PR specialists gravitate towards opening their own
agencies. While starting salaries hover around the national average and
sometimes get as high as $75,000 annually (and with accredited
online and continuing education degree programs you can make much
more), the growth opportunities the field presents means that the ceiling of
your potential salary is as high as your drive and ambition. Go-getters need
apply as PR requires time, effort, and dedication.
Graphic designers
and artists
Who said those artistic degrees don’t pay? Clearly,
whoever did wasn’t thinking about the immense value that designers, artists,
and videographers add to each and every industry in the world. Lately, rich
media is seen as one of the pillars upon which modern businesses live and die,
so it’s paramount that companies are investing in top talent to help execute
their visions and present them to the public at large.
Graphic design is one of the best fields of study for individuals
interested in freelancing or sole proprietorships. You retain ultimate control
of your time and your schedule while still providing immense value to all of
your clients. The best part? You’re getting paid a premium for your time. If
you have an aptitude for design and a true eye for art, pursue your passions.
Starving artists are last year’s news. Lately, job markets are more interested
in rewarding talent and creativity: Starting salaries cap around the $65,000 to
$70,000 range.
Your choice
matters
At the end of the day, don’t forget that money isn’t
everything. As long as you’re passionate about your field of study and have
something to contribute to your chosen industry, you’re able to add value to
the job market at large. While a good payday is never a bad thing, remember
that aspiring to educational excellence is just as important. No matter what
major you choose, study hard and don’t skip class, and you’ll be well ahead of
the curve when it comes time to get hired.
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