The 5 Most In-Demand Graduate Degrees

By Dirk Diggler , last updated February 3, 2012

If you are contemplating what to study in graduate school (and want to make sure that you will have job opportunities when you graduate), you may want to consider studying in one of the five most in-demand fields for graduate degrees. Even though it is hard to turn on the news these days without seeing a depressing report on how dismal the job market is, the following five degrees will help you out when it comes time to start applying for jobs.

Accounting

One of degrees most sought-after by employers is accounting. It is a huge asset to be able to read a financial report with confidence, and the projection for the rise in demand for accountants is staggering. According to the U.S. Department of Labor, the number of accountants demanded by employers is expected to go up 22% by the year 2018. In addition, just because a person is an accounting major, this does not mean that her or she is limited to strictly accountant jobs; instead, accounting majors can also become budget analysts or loan officers, two professions that tend to be well-compensated.

Finance

In addition to accounting, another impressive and highly in-demand degree is finance. In addition to having a better understanding of how the financial markets work or how companies can raise capital, a finance degree will also display your ability to think abstractly. Because the models can be very difficult to learn and understand, employers will be impressed by your willingness to challenge yourself. According to the Department of Labor, job opportunities for finance degree recipients are expected to rise 20% by 2018, making it a great option for anybody who is interested in economics and finance.

Engineering

Another great degree that has a long-standing history of being in high demand through bear and bull markets alike is engineering. Specifically, one of the most attractive candidates for employers is a one that has a degree in electrical engineering. According to the Department of Labor, the job prospects for engineers are expected to rise 11% through 2018. No matter what your engineering degree is specific to, almost all engineers are very well-compensated after graduating.

Computer Science

In today's fast-paced and technologically driven world, it should be no surprise that a computer science degree is a great option for someone looking for job security after graduation. As computers and technology become increasingly omnipresent in society, demand for people who can understand and work with computers is growing rapidly. Accordingly, by 2018, the Department of Labor expects to see a rise 24% in demand for computer science graduates. A few of the jobs available to computer science majors include positions such as a systems analyst, database administrator or a computer scientist.

Business Administration

Finally, another great option for somebody considering what major they should pursue is a degree in business administration. One of the most attractive aspects of this degree from the student's perspective is that it is extremely flexible, and gives you the opportunity to work in almost any field you want. Similar to computer science degrees, the Department of Labor expects the demand for business administration majors to climb by 24% through 2018.

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