As students move to the next level of their education, choosing a college course is one of the major decisions you have to make. Aside from curriculum, tuition, personal preference, and accessibility, careers with a high salary potential is also one of the primary factors that college students consider in choosing a college.
What will be my job after I graduate? How can my future career support my needs? These are just some of the questions on top of every student’s mind. While there are many available scholarships in the country, it cannot be denied that the expenses will pile up and eventually put a dent on your parents’ savings. If you’re curious about which course has the potential to provide you with a high return on investment, here are the top 10 college courses by earning potential.
1. Aircraft Operations, Aviation, Aeronautical Engineering – ₱116,714
Careers in the aviation industry are considered the highest paying jobs in the Philippines based on the 2016 Occupational Wages Survey report released by the Department of Labor and Employment (DOLE). To become a licensed pilot, a student must have a bachelor’s degree in aviation, aeronautical engineering, aircraft operations, or other related fields. You will also need to pass licensure examinations and certifications from the Civil Aviation Authority of the Philippines (CAAP) and pass the Aviation Training Organization (ATO) requirements to hold a certificate.
2. Commerce, Economics – ₱89,831
Securities and finance dealers and brokers are the ones who handle financial market transactions on behalf of their clients and offer financial advice. If you are interested to take this career path, you have to complete a degree in accounting, finance, or commerce. Board examinations and certification are also required in this job. Graduates from this courses can work in banks, accounting and law firms, stockbroking firms, or other investment companies.
3. Civil Engineering – ₱68,957
Do you see yourself working in the construction industry in the future? A Bachelor of Science in Civil Engineering degree might be the right course for you. Civil Engineers plan, design, and oversee construction and maintenance of various infrastructure projects such as buildings, bridges, dams, railroads, and power plants, among others. Students must first pass the Civil Engineer Licensure Examination from the Professional Regulation Commission (PRC) before they can
4. Actuarial Science – ₱60,477
Actuarial Science prepares students in assessing financial risks in the insurance and financial fields through the use of mathematical and statistical methods. Actuarians study financial impact of future events and predict what amount of money a policy holder should pay as premium or what amount of return should be given in case something happens to the policy holder. The course includes the use of various subjects such as computer science, mathematics, probability, statistics, finance, and economics. Graduates from this course can land a job in insurance industries, pension funds, consultancies, or risk management companies.
5. Computer Programming- ₱52,331
Computer Programmers are some of the most in demand professions in the country nowadays. A computer programmer analyzes the process of designing, writing, testing, debugging and maintaining a programming language that computers can understand. With the advancement of technology, Computer Programming provides promising long-term career opportunities for the graduates.
6. Computer Science – ₱51,069
Computer Science is a field of study that focuses on data and algorithms. It gives students a deeper understanding of how data is processed, stored, and communicated. Computer Science graduates can have the opportunity to work as a business analyst, systems support, or software designer.
7. Computer Engineering – ₱49,335
Computer engineering focuses on designing softwares and hardwares. It studies how computing machines are built and how to make them more efficient and effective. CE graduates can work as a software engineer, software developer, hardware engineer, system engineer, or radio frequency engineer.
8. Accountancy – ₱47,756
Accountancy is one of the most popular courses in the Philippines. Accountants and auditors prepare and examine financial records of businesses. The core areas of accountancy include accounting, business laws, audit, and taxation. You must pass the licensure examination for Accountants first before you become a Certified Public Accountant. Accountancy graduates, especially CPAs, have a lot of job opportunities especially in banking and finance.
9. Industrial Engineering – 47,101
In the Occupational Wages Survey released by DOLE in 2017, jobs as Production Supervisors and General Foremen belong to the highly paid jobs in the country. Production supervisors manage the efficiency of their workmen as they manufacture products in a factory/industrial environment. A bachelor’s degree in Industrial Engineering or related disciplines is required for this position. Having a set of relevant short trainings and certification from TESDA would also be helpful to succeed in this career.
10. Data Analysis and Statistics – 41,480
Statisticians can work for companies that are involved in market research, quality control, and development, as well as research facilities. Aside from a Bachelor of Science in Statistics, students can also pursue courses such as Applied Mathematics or Data Science.
1. Data based on average monthly wage rates of time-rated workers on full-time basis in establishments employing 20 or
2. Wage rate is the sum of basic pay and regular/guaranteed allowances.
3. Time-rated workers on full-time basis refer to workers paid on the basis of an hour, day or month and who work at jobs
with hours of work equal to or more than those considered normal or regular to the establishment.
Source: 2016 Occupational Wages Survey (OWS).