In today’s job market, there is no shortage of well-paying jobs. However, not all high-paying jobs are created equal. Some jobs offer greater job satisfaction, while others offer more opportunity for advancement. If you’re looking for a well-paying job that offers both satisfaction and career growth potential, you can’t go wrong with a career in Science, technology, engineering and mathematics (STEM).
According to the most recent data from the Bureau of Labor Statistics (BLS), jobs in STEM are some of the highest paying occupations in the U.S. Careers in science, technology, engineering and mathematics offer high wages for workers with a college education, and jobs in STEM are projected to grow at a rate of 13 percent from 2016 to 2026—which is faster than the average for all occupations—according to the U.S. BLS.
Check out the 11 of the highest paying jobs in STEM according to the most recent data from the Bureau of Labor Statistics (BLS). All of these jobs have a median annual salary of more than $80,000.
1. Computer and Information Research Scientists: $118,370
Professionals in these occupations invent and design new approaches to computing technology and find innovative uses for existing technology. They solve complex problems in computing for business, medicine, science, and other fields. A bachelor’s degree in computer science or a related field is typically required for entry-level positions, but an advanced degree is often needed for higher-paying jobs.
2. Mathematicians: $112,560
Mathematicians use mathematical theories and formulas to solve problems in areas such as business, engineering, healthcare, or physics. A bachelor’s degree in mathematics or a related field is typically required for entry-level positions; however, some jobs may require a master’s degree or doctorate.
3. Biochemists and Biophysicists: $105,940
Biochemists and biophysicists study the chemical and physical principles of living cells and organisms, including their effects on each other and on their environment. A bachelor’s degree is typically sufficient for entry-level positions but many research jobs require a doctorate.
4. Statisticians: $84,060
Statisticians develop methods to collect data and use mathematical analysis to interpret it to identify trends or patterns. They use their findings to solve real-world problems in business, engineering, healthcare, or other fields. A bachelor’s degree in statistics or math is typically required but some research positions may require a master’s degree or doctorate.
5. Actuaries: $84,080
Actuaries use mathematics and statistics to assess risk and predict financial outcomes for businesses ranging from insurance companies to securities firms.
6. Petroleum Engineers: $132,700
These workers develop ways to extract oil and gas from deposits below the earth’s surface. A bachelor’s degree in engineering is typically required.
7. Aerospace Engineers: $115,220
These workers develop designs for aircrafts such as airplanes and missiles, and also test prototypes to make sure they function properly. An undergraduate degree in aerospace engineering is needed for most entry-level jobs, however, some employers may prefer candidates who have earned more advanced degrees.
8. Metallurgical Engineers: $97,360
Metallurgical engineers apply their knowledge of metals (such as steel and aluminum) to help create products that meet safety and quality standards. A bachelor’s degree is typically required although some research positions may require a graduate degree.
9. Electronics Engineers (except computers): $99,660
These workers design and develop electronic equipment such as broadcast communications systems control instruments, and radar and navigation systems, electronic components, and integrated circuits.
10. Industrial Production Managers: $100,780
Industrial production managers plan and coordinate the activities used to create a wide variety of goods such as cars, computer equipment, and machinery. They oversee production processes and ensure that products meet quality standards. You need at least a bachelor’s degree and experience leading and directing teams although some employers prefer candidates with an MBA.
11. Sales Managers: $119,600
Sales managers direct sales teams. They set sales goals, develop training programs and evaluate performance. You need at least a bachelor’s degree although some employers prefer candidates with an MBA.
Although there are many high-paying jobs across a wide range of industries (some with much lower educational requirements than those listed here), these 11 jobs offer strong salaries (often exceeding $100 000 per year) for professionals with degrees in science, technology, engineering, or mathematics.
Check out the top 7 reasons to pursue a career in STEM.
Discover more from Fems in STEM
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