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College is expensive and very much required in the 21st century.  With that said, you should know that not all majors have the same value. Consider the BankRate study using census data (2016) showing real-world average salaries, degree attainment, and unemployment rates.  Of course, a major has value beyond average salary. However, no matter how you choose a major you should keep in mind the importance of what industry values in terms of soft and hard skills. According to LinkedIn (2018),

The most in-demand soft skills are:

Leadership
Communication
Collaboration
Time management

And the most in-demand hard skills are:

Cloud and distributed computing
Statistical analysis and data mining
Middleware and integration software
Web architecture and development framework
User interface design
Software revision control systems
Data presentation
SEO/SEM marketing
Mobile development
Network and information security
Marketing campaign management
Data engineering and data warehousing
Storage systems and management
Electronic and electrical engineering
Algorithm design
Perl/Python/Ruby
Shell scripting languages
Mac, Linux, and Unix systems
Java development
Business intelligence

From this Big Think article certain traits will have more value:

  • The future of work is going to require a range of skills learned that take into account cutting edge advancements in technology and science.

  • The most valuable college majors in the future will prepare students for new economies and areas of commerce.

  • Mathematics, engineering and science related educational majors will become an ubiquitous feature of the new job market.

The article predicts the 7 most valuable college majors needed for the future:

  1. Aerospace & Aeronautical Engineering
  2. Applied Mathematics
  3. Advertising
  4. Robotics
  5. Bio-engineering
  6. Computer Science
  7. Law

To be sure, we should always consider how Machine Learning and Artificial Intelligence will affect each and every discipline.

 

 

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