What Is The Best Degree in Terms of Future Demand?

Hi all,
If you are in year 12 now, or have been in the same stressful period of time throughout a point in your life of exam after exam, you may need some help looking to the future. Suppose you are in Sydney, able to attend any uni within Sydney and it’s surrounding suburbs, and achieve a high atar, (eg. 96), what are some sound degree ideas. Aspects to consider include future demand, current employability, pay, satisfaction and… (you may suggest others to consider).
Cheers:)

Edit: I have added a poll to quantify some of suggestions listed in the comments.

Edit 2: I have been offered 4 unit maths at school which is excellent as it opens up several degree options.
Is actuarial studies or electrical engineering good options for employment in 5 years. Thanks for everyone’s support

Poll Options

  • 54
    Medicine/ Dentistry
  • 3
    Law
  • 9
    Business/Finance
  • 6
    Economics
  • 76
    Engineering
  • 12
    Sciences/Mathematics
  • 8
    Social sciences/Arts

Comments

      • +1

        From the mindset of those who study it, it's not their fault for choosing a dead end degree. It's the fault of the patriarchal society.

  • A double degree of Commerce/CompSci if you have the aptitude.

    Also, if you have the ATAR, always enrol in a double degree and downgrade if your interests become more narrow. It's certainly a lot harder to go from single to double degree in any GO8.

  • -1

    would you want to be stuck in some career you don't enjoy? do what you love not whats "best".

  • +1

    The area where people are losing jobs right now. If its cyclical, good chance you could get a grad job out of uni.

  • +1

    Funeral director, which is something that will never be outsourced to overseas, taken over by a robot or wither due to lack of future demand.

  • I think 80,000 Hours is the best career website/guide I have ever read. Its all scientific-backed research, and has several key ideas they offer to narrow down your career options. I think they were a Y Combinator startup too. Check it out: https://80000hours.org/

    EDIT: Yep, they were:

    "People in the tech world like to talk about doing great things. But what does that actually mean for your career? If you’re serious
    about making a positive impact on the world, should you go work for a
    startup? A nonprofit? Or none of the above?

    80,000 Hours is an organization aiming to help with those decisions. It’s a nonprofit in the current class of startups incubated by Y Combinator, but it was founded back in 2011 by Ben Todd (the organization’s executive director) and Will MacAskill (its president)."

    Source: I am a wannabe YC founder.

  • Astronaut cowboy billionnaire

  • +1

    Surveying and spatial sciences. Had 4 job offers straight out of uni, and plenty of diverse fields you can jump into.

  • Dont' do a degree. No ragrets.

  • +2

    You can make money in anything. Trust me.

    Pick something you have an aptitude for and that generally comes easy. Being easy you'll reinforce your natural interest in it.

    If you don't have that choose something at least you're interested in and you will have sustained interest for.

    The top 5% of any industry makes bank.

  • +1

    Would definitely recommend some of the above comments in considering areas that target e.g. IT Project Management, Business Analysts, Security, Data Analytics/Big Data or Consulting, Robotics (eg Robotic Process Automation) etc IF they interest you at all.

    eg. IT degrees, Business Systems degrees, Software Eng degrees etc.

    I started in Eng, then Com/Law, then IT/Systems. Was initially chasing the most appealing course after a better ATAR than I expected but ultimately ended in the area I was interested in and am glad I did.

    Being a graduate in the area I'm happy I chose my degree and it's giving me a quick path to some roles that interest me. Some of my graduate colleagues are doing the same roles as me with harder-studied Law & Eng degrees. It appears there's quite a lot of work for it in the market (although being technology the industry will frequently change requiring strong adaptation as with everything nowadays really), and it has great potential for some well paid roles. Some people are highly technical and some do well with less so eg in the Proj Mgmt space. And many said roles that require local stakeholder negotiation or that are client-facing should have minimal offshoring impacts.

    Failing that, many medical areas will always have work and other areas of engineering should do too! But most importantly you have to do something that at least interests you.

    • I would probably target the non-functional roles such as Coding/Software engineering, Data Science etc. over functional roles such as BA or PM. Its easier to become to BA/PM but harder to switch the other way round.

  • I keen on being an investment banker but I dont know what degree to aim fore. Should I pick a double degree at UNSW BUISNESS SCHOOL ECCONOMICS/COMMERCE or Bachelor of Commerce at USYD. P.S Is this a great future job in australia or more overseas.

    • I'd check how many people go on to become investment bankers.

      You might also want to check the lifestyle of an investment banking intern + the one that died in London after doing all nighters.

  • +2

    1 figure out what you love to do, THEN figure out if it will make you enough money to live off

    Going into a profession for money you might as well be a garbage person for the council. Very good pay, don't even need to go to uni and not high skill requirements. There is no way they will automate garbage collection as people have a problem lining up garbage bins properly or intentionally park cars in front of them.

    You can make a million a year but what is the point if you absolutely hate it. Yes people will crap on me for saying it but seriously nobody died wishing they spent more time at the office.

  • -1

    Dont study anything in health care it is full of idiots unless you are a doctor you are under paid and forced to work with a bunch of f-ugly feminist…

  • Podiatrist.

    Ageing population, can't be replaced by a robot.

    Low barriers to opening own practice if proactive.

    Good income

  • Do what you love.

  • I echo some of the above thoughts. Do what you love.

    The future of work is one that will be focused on continuous learning and always picking up new skills. Gone are the days where you get a degree and get a job. Employers are going to be after people who are keen to learn.

    I saw this the other day in another article. If any of these skills interest you, it’s where the future is headed in terms of technology and underlying drivers. But, remember, do what you love!

    https://imgur.com/gallery/eCvt2ZQ

  • +3

    Look at something in the medical field; doctor, physiotherapist, occupational therapist, dentist, radiography, etc.The demand is already there and, with an aging population, demand is likely to increase.

    • Only real neg for doctors is that Aus government allowed it on skilled visa. Some areas now have a dozen GP clinics due to this

      • +1

        Some areas in regional don't have enough. We have to go to AE in the hospital as a doctor's appointment is usually 2-3 days min

        • Thats why we need to import more Doctors!

          I wonder why it isn't working…

  • Computer Science/Software Engineering.

    Plenty of 'interesting' work and career opportunities. Excellent colleagues/co-workers.

  • +1

    Surprised IT isn't an option listed. Tech is and will always be the future. I'm ex Big 4 and can tell you the consulting division (especially Tech/Start up, Data Analytics, and Cyber Security advisory) carries firm growth rates each and every year.

  • Data science, /thread

  • +2

    Gender Studies

  • +2

    I recently went to a talk at Sydney Uni given by Nobel prize winner Brian Schmidt. He headed one of 2 teams that discovered the acceleration of the universe. Someone asked about career advice and how to progress. Briefly his advise was not to have a rigid idea of what constitutes success but rather to take the opportunities that come your way. He pointed out that unemployment amongst his PhD students was 1%, which is exceptionally low, despite the fact that most are not working as scientists. He also revealed that just before he got to do his prize winning research he almost quit academia and he said he was fine with it because he had learnt plenty of skills, enjoyed the work, and whatever he did next, he'd make sure he did it well. He said that people who plot out their career and if it doesn't work out exactly as they wanted consider it a failure are not resilient and do not do well.

    I have 2 degrees - B.Sc. Computer Science. - which is what I use for work.
    Masters in Atronomy - I did this for myself "for fun" with no intention of changing from a more lucrative career to one where I might struggle financially and have to chase insecure jobs worldwide.

    By the time you complete your degree, trends will have changed. There are plenty of degrees I wouldn't do. Most for which grads are struggling today, will be a thing of the past tomorrow.

    Do your degree in something you enjoy and can stand to do for 60 hours a week. If it's currently a hobby, realize that doing it for dozens of years may sour you on it, or at least dampen your enthusiasm. It doesn't have to but it can. For example, you might not always want to come home and program computers if you do it during the day and you're expected to do all kinds of things for the household. When you're young you'll probably have the time and inclination to do all kinds of hobby programming. In my case the passion isn't totally dead but I have other hobbies.

    You might be able to get your hands on uni employment stats for various degrees. These are usually provided by the unis or recruiters so there is some bias.

    Whatever you do, put everything you have into it. Good luck!

    • You need to take University employment stats with a huge grain of salt.

      They don't tell you how good a profession is, only if people are employed in it

      The Universities often publish misleading data as it is in their interests to do for.

      For example the employment statistics for pharmacists out of University are excellent. What they don't tell you is a university graduate isn't qualified, and is being employed at minimum wage to complete 1 year supervised practice. Quite easy for a university graduate to get a job at $18 per hour

      • Yes I did state above "These are usually provided by the unis or recruiters so there is some bias."

        The 1% wasn't for those employed in the field. The 1% was PhD graduates out of work, period. If there was a grad working full time at a fish and chip shop that would have counted as part of the 99% employed.

        But when you compare against the employment rate for other courses, or no degree, 1% was very good.

        The point was that those who wanted to work should be looking for opportunities, whether or not related to the degree, and whether or not what they were originally looking for. Hopefully very few of those grads are working as kitchen hands.

  • No need, just go to Coles/Woolies horde Baby Formula and sell it to China, apparently you make 100K net.
    That's ~$2,000/week in pocket or equivalent to someone earning a wage of $160K.
    The only prerequisite is that you need to be a selfish person void of morals.

    Here's one without a degree:
    https://www.businessinsider.com.au/meet-the-chinese-students…

  • Artificial intelligent or crypto shit

  • -1

    Go into HR.

    I have NEVER heard of HR people ever losing their jobs.
    They only appoint and terminate staff.

    When a company starts shedding, they go in the order of:

    R&D, Service Workers, Engineers, Admin, Middle Management, some Upper Management, HR (by this time Company folds)

    • +1

      When a company starts shedding it goes like this: 1st to go - everyone employed on something that isn't earning money for the company and cant be redeployed internally onto something else that is earning $$. 2nd to go - admin and management folks that were involved on process/regulatory activities required by law or management, normally not as many of them are required after Step 1 since the headcount has now reduced. 3rd to go - the least important fee earning folks or the least profitable folks. 4th to go desperation times, anybody left who doesn't have a role in whatever desperate plan is underway to save the company OR anybody needed to help the receivers sell the company or wind it up. Plenty of HR folks gt laid off potentially at any step. No need for the HR lead for a business unit if that business unit gets wound up.

  • Medicine then progress to specialist/subspecialist.It may take you up to 15 years if training, but you can earn average > 500k/year and some may earn $7 digits

  • +2

    "Choose a major you love and you'll never work a day in your life because that field probably isn't hiring"

  • Life guidance counselor also known as an ozbargainer.

    • I had a guidance counsellor at University. Told us he got made redundant after they moved away from professional guidance system to what they have now where generic admin staff help you

      • Yeah honestly the role felt extra also in my high school life kinda. I mean I see the value but if admin can do it why not.

  • Another suggestion: Optometry or Ophthalmology. Why? Because there is an epidemic of short-sightedness among young people, up to 85% in some Asian countries. Apparently it is caused by spending too much time inside and out of the sunlight when growing up.

    • +1

      Take the top 1% of high school students, give them intense science training for 5 years, then give them a job with zero career progression, an employment market made up of corporate owned retail outlets designed to maximise returns and minimise costs, and a job with next to no creativity/personalisation of work, so that employees are interchangeable and have no negotiating power to even ask for a raise.

  • +2

    Does not matter what you study, make sure you are good at problem solving. If you are unable to solve problems, you will not be in demand.

  • Can ask what you love?

  • +1

    Data Science

  • Another option is get into Sales. Trust me that if you can successfully sell well every year in your chosen industry you will not be without employment options

  • If you want to make bank after a 3 year degree:

    https://medium.com/s/powertrip/i-know-the-salaries-of-thousa…

  • Do what you enjoy! Degrees in boredom are worthless

  • +1

    Computer Science, Software Development, Engineering, Robotics.

  • -1

    No one has mentioned Mechatronic Engineering. You learn about electronics, robotics, CS but also how to build and design mechanical systems. I think it can offer broad career prospects and advantages over just doing computer science - you can focus more or less on the various themes based on your interest. With CS you will be highly specialised only in programming. I may be biased though as this is the field I have my BE and PhD in with a focus more on mechanical engineering and additive manufacturing.

    If you are female there are also all sorts of ways you will get special treatment for scholarships, jobs, prizes etc.

  • Engineering. Cant have enough engineers. Look at the skillsets high on list for people being brought in due to shortages.
    Also degrees to jobs which can't be exported (and not oversupplied)….

  • When people say 'Robotics and AI' is this pathway as an Engineer?

    • Yes you will need mechatronic for the hardware part and computer / software for the AI part.

      You are building a machine made of electronic parts usually so you need knowledge on that unless you just want to focus on the computer brain part that handles all the decision making and problem solving.

      Technically you can choose any degree related to it but engineering is the most direct related path just do what you think works for you or ask or read about other well established fellows in the field / industry.

  • Why bother styudying when you can make $500,000 American dollars by playing video games?

    https://www.cnbc.com/2018/03/19/tyler-ninja-blevins-explains…

    • I don't think it's a good idea to make plans to be 'the' person who is an extreme outlier in any particular field.

      • Yeah that's called gambling or putting all ones eggs in one basket.. Been there tried that didn't work out.. Just go with the safe masses.

    • True, $500,000 a year is extreme, but I am sure lots of people make $50,000 US a year from running popular web sites, kick backs from uploading to file sharing sites (eg Turbobit, Uploaded, Depositfiles) or creating Youtube content.

      When Kickass Torrents was taken down the owner had made ~20 million US off the site from advertising revenue.

  • An aspect to consider, is how will that help you reach your goals?

    Different people seek different things in life: money, fame, helping others, i.e. fulfilment?

    What is your purpose? What is your passion? How would you like to model the way for the generation to come, what is your legacy?

    Think about your strengths and do aim for excellence.

  • Definitely don't do law; I'm not sure why that is even an option. Just pick up a trade in a commercial setting or become an escort. Amazing money and many job opportunities to be had in both disciplines.

  • Im also in Year 12 completing my Hsc rn and from what i've heard, Data science and Computer science is a very large industry that require more jobs as the world is always creating new data for people to read and interpret. I myself have a passion in medicine so i put that along with optometry 2nd but engineering especially civil and electrical is one that you may want to consider as it is one of those, set for life things in a way.(civil with commerce was my 3rd option). All in all, it is what you are interested in and hopefully it overlaps with an indemand job as well as something you wouldnt mind doing for the next 20 or so years of your life. Actuarial Studies is really hard to study. 80% drop out of 1st year and like 60% of the remaining fail the exams they take.(stats from my trip to usyd and unsw open day). So i would only consider it if you do have a passion and really want to become one.

  • Lawyers & Medical Professionals will always be in high demand, so those will always be secure jobs/degrees.

    Engineering is in high demand, but I anticipate that in 5-10 years specifically Renewable Energy, Biomedical, Nanotech, AI & Mechatronic (Robotics) will really start hitting their stride.

    On the IT side, Security is a massive rising force that Australia has not got enough of a grasp of. In 5 years, it will have really hit it's stride here, so that would be perfect timing for someone about to start Uni.

    • Security is gonna be huge if it ain't already.. People making 6 figures minimum easily.

  • Alright, a lot of people are saying law & engineering. Do not do law unless you love law, it is insanely competitive & requires crazy hard work (not just study, but extra-curricular & networking) and if you don't get a clerkship at a decent law firm (which is really hard, given how many law students there are and how few positions there are) then you'll end up at a big 4, if you don't even end up at a big 4 then you'll go into some boutique as a shitkicker or something else not entirely law related.

    As for engineering, a lot of my engineering mates are struggling to find grad jobs (mechanical/mechatronics/electrical), I just don't think it's that big in Australia at the moment - could be in the future. Civil seems to always have jobs, I'm not as familiar with the engineering industry so I won't say anymore.

    To others who have brought up big money jobs like investment banking/actuarial/medicine etc, do not do these unless you have a passion for it. I have so many friends who have done a 3 year biomed degree just "sort of" trying to get into med but obviously it's VERY difficult. They've all ended up either doing post-grad in something else health/science related or doing another undergrad. Those who were lucky and worked hard enough still had to jump through hoops and either ended up in a med school interstate or settled for optom/dent. Btw everyone I know I've mentioned has gone to a Go8 uni.

    I know it's hard to decide what you want to do, you may not even know what you're interested in or what you're good at when you're in year 12, I certainly didn't - which is why I'm now doing my second undergrad and loving it.

    My advice is to take your time with uni and figuring out your interests, you can always transfer degrees but try dip your toes into a few areas you think you might be interested in. Uni isn't a race to finish as soon as possible, employers don't care if you take an extra year or two, what matters is that you actually like what you're doing and employers will easily see that. Enjoy your uni years - they are the best.

    Another common mistake year 12 students make is to pick a degree purely based on the ATAR requirement because they scored a high ATAR and feel like they need to "make use of it". I, along with many others made this mistake :P

    • I will add a wildcard here, many of the enormous mega-project need significant resources to manage and keep track of project performance. I was recently trying to win a contract with a large government project to provide them with a team to undertake some of these activities. One of the candidates I was in negotiations with to fill one of these was a project scheduler. He had no tertiary qualifications but had somehow managed to get himself qualified to operate the specific scheduling software used on this large project (Open Plan Professional (OPP)). I have done the OPP course years ago and whilst it requires some understanding of Project Management and is more complicated than MS Project it is not rocket science. This candidate, with no degree, completed a 2 week vendor course and had less than 2 years experience with the software wanted $1400/day for a 2 year contract with extension options built in. I told him that was way too much and offered significantly less, he laughed me off and went with another provider. I'm not sure if he won that role (we didnt) but he is in work now and seemed very confident he could stay employed at that rate.

      I would also add that you also needed a government security clearance. The point is that research is rewarded. Look for supply and demand not for 'old wives tales' when choosing a future. Just because your grandfather got rich being a doctor doesnt mean you will. Just because someone chose wrong out of high school doesnt mean they cant transform themself. Do your research and position yourself for the next wave of jobs!

  • The best degree is nursing. It isn't even a contest, the population is aging across the globe and a shortage is predicted in many countries.

    Is it a desirable job? Depends on your personality

    You should first work out what your are good at, and what you can do well. Then work out how you can make the most money from your natural talents and interests.

    No point studying engineering because it is a 'good degree' if you are going to get a 55% GPA . You won't find a decent job after graduating and your career will be significantly impaired

    • 100% this .. nothing can come close to being a RN

      BUT DO NOT work at a Hospital.. if you want the easy life get a job at an aged care community or facility .. You can also be a call our RN to the OLD rich people

      • Woah. Are you joking about the aged care part? Nurses at aged care facilities are super understaffed and underpaid.

        • How could it be underpaid if the demand for nurses is higher than the supply?

  • +1

    Yo - Bachelor and Master of Engineering (ChemE Major). Would definitely recommend looking into TAFE for a trade as well and not write it off completely. There is good money in the trades and especially for people with a good head on their shoulders. Also a higher demand for tradesmen too with a bigger and bigger percentage of people going into tertiary education than before.

  • RN - REGISTERED NURSE

    A male or large female who can lift/turn over old people
    Super high demand in retirement communities or aged care facilities.
    This is the next big boom in Australia

    • It is a nice job if you can get over being around sick and frail elderly people all year long.

      • +2

        Could be worse
        You could work for customer service at one of the telcos…

        • True.. game of pick your poison.

  • Land Surveying

  • Take it from someone in banking at the moment and must i say its a good environment were i work, but do i want to do it for the next 5 years? Probably not, i network with a lot of people in my job and the word on everyone's lips is cyber security!

  • -1

    Forget about Jobs and uni
    Just get a casual and study investing
    You will start poor but end up being a lot richer

  • +1

    Centrelink Operations.. also known as Dole Bludger Physics 101

    6 month course on how to pretend to be unable to work and physically sick on demand and clicking some buttons

      • Sorry you are too young for me hahaha heheh ^_^

  • 25 Degrees C is probably optimal for the future.

  • Life

  • Renewable energy

    …except nobody actually cares

  • Hi, just graduated uni recently.
    Medicine/Dentistry will have jobs forever. People might think these can be automated but I'm doubtful.
    Law is also a good choice, that will have jobs forever and so will everything you've put here except the last one.

    Things to consider (I come from STEM so will only speak for those):
    Engineering will always have jobs but also lots of engineers so don't be fooled. Every unis produce thousands of engineers every year and there aren't thousands of jobs out there. But you can also move into other fields with the knowledge you get here.
    Any science is decent but only maths/stats have wider career paths. If you study chemistry, after uni where can you work? I can think of a few jobs but I know that there aren't that many. Like engineering, you can move into other fields, but get a head start and just do maths or stats because those fields will be analytical and it might be better to just do maths to begin with.

    Other things to consider - computer science or data science. These are big right now and will continue to be big for the foreseeable future. They both pay well and are always in demand.

    Actuarial is a great choice. There are always companies looking for actuaries (just go onto any job site and you'll find plenty for every job level, junior to senior) and even if you don't want to be one, your skill set is very useful in other fields.

  • Data and analytics / applied intelligence

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