Who hasn’t dreamed of life as a millionaire – nay, a billionaire?
We all have. Admit it!
The good life of penthouses, yachts, champagne, and caviar.
But dreaming of getting rich won’t make you rich; unfortunately, you need to put in time and effort to achieve that.
Carlos Slim, once the world’s richest men, studied civil engineering and has a worth of $55 billion.
Jeff Bezos, founder and CEO of Amazon.com, has a bachelor’s in Electrical Engineering and Computer Science from Princeton University and is worth $72.8 billion.
Larry Page, co-founder and CEO of Google, got his bachelor’s in Computer Engineering and a Master’s in Computer Science. Page is currently worth $40.7 billion.
These are just facts, people. Simple facts.
If you study engineering you’re more likely to become a billionaire.
In fact, as mentioned above, 22% of the world’s top 100 billionaires studied engineering in some form or another.
Those odds are insane – one in every five of the world’s richest billionaires studied engineering!
As you can see from the graph below, traditional engineering degrees such as civil engineering and mechanical engineering provide comfortable career potential, but not outrageous wealth:
| Industry | Median Entry Level Salary (USD) | Mean Annual Salary (USD) | Top 10% (USD) |
|---|---|---|---|
| Computer Engineering | $68,632 | $114,970 | $167,100 |
| Civil Engineering | $57,591 | $87,940 | $128,850 |
| Mining Engineering | $60,023 | $107,880 | $180,600 |
| Electrical Engineering | $66,500 | $97,340 | $146,820 |
Founders of companies like Google, Amazon, and PayPal have essentially changed the way the world works on a day to day basis, and computer and software engineers have been at the forefront of this revolution and cashed in big time!
Focusing on STEM subjects is a great direction to go if you're looking to develop your career and earning potential.
Given the technologically charged society we live in, pursuing a career in STEM will not only future-proof your career, but set you up to be at the cutting edge of the next wave of innovations that you can cash in on!
Basically, with technology developing at such a fast rate, the billionaires of the future could look very different to those of today. We've already seen the number of students taking chemistry at A level rise by almost a fifth, while physics, biology, and math have increased by 15%, 12%, and 8% respectively.
Get in now before the world changes again. Join the movement, like many others have, and get ahead of the curb by studying engineering.
STEM stands for science, technology, engineering and mathematics and refers to any subjects that fall under these four disciplines. Because these things are never straightforward, there are also dozens of alternative versions of STEM (including STEAM, STREAM and METALS) but STEM is by far the most widely-used.
The acronym originates from discussions about the lack of qualified graduates to work in high-tech jobs in the US. Since its creation, governments and universities around the world have made attracting students to STEM courses a priority, in order to address this shortfall. In some cases, it’s also easier to immigrate to another country if you studied a STEM subject at degree level and are looking for work in that field.
What are STEM subjects?
As mentioned, STEM stands for science, technology, engineering and mathematics, but a far wider range of academic disciplines fall under this description. Here’s a list of some of the other STEM courses you could study:
- Aerospace engineering
- Astronomy
- Biochemistry
- Biology
- Chemical engineering
- Chemistry
- Civil engineering
- Computer science
- Electrical engineering
- Mathematics
- Mechanical engineering
- Physics
- Psychology
- Statistics
The full is list is far more exhaustive, but this gives you an idea of the range of subjects included under STEM.
