There are a lot of things to consider when you are picking a degree to study at university: your academic background, your passion for various subjects, and what kind of field you want to enter once you get to the job market.
One of the most important consideration for many is, of course, how much employers are willing to pay them.
To give you some insight, Slice released their annual list of the highest paying in-demand jobs. From this list, we've researched what degree you need to get these jobs. We now present to you the highest-paying degrees in Canada right now.
TL;DR These fields of study qualify students to pursue the highest paying occupations in Canada.
Average salary: between $19 to $60.70 per hour
More info: Nursing has featured on the list of most in-demand jobs for several years now. To become a nurse, you need a bachelor's degree (or CEGEP equivalent) and a registration with your province's regulatory authority.
Average salary: $48,000 to $153,000 per year
More info: Software engineers are obviously in super high demand as the popularity of apps and computer programs keeps rising. To be a software engineer you either need a software engineering degree, a computer science degree, or to take classes that will teach you the basics.
Average salary: $27,000 to $134,000 per year
More info: Business majors can end up in high paying positions as account managers ($57,000 to $101,000 per year) or business analysts ($27,000 to $134,000 per year). It's a pretty safe bet as a major.
Medicine (Specialisation in Anesthesiology)
Average salary: $109,000 to $580,000 per year.
More info: To become an anesthesiologist, you need to complete a bachelor's degree, get into med school, complete med school, and then do at least five years of residency training. It sounds exhausting, but the payoff is obviously worth it.
Average salary: $42,000 to $103,000 per year
More info: Accountants need to have a bachelor's degree (ideally in accounting), then pass the CPA PEP, or CPA Prerequisite Education Program. Once they do, they are looking at some serious money.
Average salary: $58,000 to $122,000 per year.
More info: This is another obvious degree: engineers who become engineering project managers can make the abovementionned salary. You don't need to be in a specific branch of engineering to get this job, but it helps if you also have a master's in engineering management.
Average salary: $49,000 to $110,000 per year.
More info: Another spot for engineers! Aerospace engineers make a ton of money. It's actually one of the highest paying jobs for Generation Z.
Average salary: $22.90 to $74.20 per hour.
More info: Pharmacists make a salary that is comparable to that of doctors, but being a pharmacist involves a lot less school. In order to be a pharmacist you need a pharmacy degree. You also need to pass the Pharmacy Examining Board of Canada’s national board exam and register in your province or territory.
Average salary: $20,000 to $214,000 per year.
More info: If you study HR you can become a recruiter, and make an average of $83,054 per year. According to Slice, "you can increase your earning potential by becoming a registered professional recruiter and a member of the Association of Professional Recruiters of Canada."
Average salary: $64,500 to $160,000.
More info: A licensed psychologist makes between $64,500 and $160,000 per year. And the demand for psychologists keeps rising. To become a licensed psychologist, you need a B.A in psychology and a master's or a doctorate in the field.
Still deciding on a degree? This list might help. And if you're having regrets about the field that you chose, it's never too late to go back to school or change majors!