Highest Paying Degrees in Canada

When considering which degree to pursue, many students are interested in knowing which degrees offer the highest earning potential. In Canada, there are several degrees that are known for their high earning potential and strong job prospects. In this article, we'll explore the highest-paying degrees in Canada and what you can expect in terms of career and salary prospects.

Engineering

Engineering is a field known for its high earning potential and strong job prospects. According to a report by PayScale, the average salary for an engineer in Canada is $76,000 per year. The highest-paying engineering specialties include petroleum engineering, software engineering, and chemical engineering.

Computer Science

Computer science is another field with high earning potential, as technology continues to play an increasingly important role in our daily lives. According to PayScale, the average salary for a computer scientist in Canada is $79,000 per year. Specialties within the field, such as artificial intelligence and machine learning, can offer even higher earning potential.

Business

Business degrees, including finance, accounting, and management, are known for their high earning potential and versatility. According to PayScale, the average salary for a business professional in Canada is $63,000 per year. The highest-paying specialties within the business include finance, investment banking, and accounting.

Health Sciences

Health sciences degrees, such as nursing, pharmacy, and dentistry, are known for their high earning potential and strong job prospects. According to PayScale, the average salary for a nurse in Canada is $69,000 per year, while the average salary for a pharmacist is $95,000 per year. Dentists can earn even higher salaries, with an average salary of $140,000 per year.

Mathematics

Mathematics degrees are another field with high earning potential, particularly in the areas of actuarial science and data analysis. According to PayScale, the average salary for an actuary in Canada is $94,000 per year, while the average salary for a data analyst is $64,000 per year.

These are just a few of the highest-paying degrees in Canada, with strong job prospects and high earning potential. Keep in mind that earning potential can vary based on factors such as location, experience, and industry.