Top Paying Jobs Right Out of College

Medical profession has dominated the list of highest paying jobs in America and the world over for over a decade now, but it is not the highest paying job right out of college. Medical profession needs experience and reputation to climb the ladder, whereas there are several other jobs that are considered the top paying jobs out of college. Many feel that living in a country like the USA, where there are many career opportunities, you do not need a degree to earn a high salary. But there are few who can resist the temptation of these jobs with huge starting salaries. It is important to graduate with the right skills to be able to earn the top dollars, if you do not want to land up with one of the lowest paying jobs out of college.

Best Paying Jobs Out of College

There are numerous good jobs once you graduate from your college that you can choose from, but they might not necessarily be very high paying jobs, immediately as you have . So here is a list to help you decide, if you want to be on top of the earning league:

Investment Banker
Investment banking is a very lucrative and demanding career in corporate finance and is considered the highest paying job out of college with the average starting salary of $112,000. Due to the unstable economy, their demand did falter in the past two years, but big names like Wall Street still recruits the biggest talents with degree in business administration from the top business schools in US and around the world and pays them the highest starting salary. Some get paid so high at the start of their career, most other people cannot even imagine earning at the peak of their career. But in return for the high salary comes a tedious job of market analysis, research, projections and various other duties. A good review and analysis with lots of extra hours thrown in, ensures a steady rise in career graph in this banking job.

Software Developer
This is a high paying job, but you would at least need a bachelor or a graduate in computer science. Software developers are always in demand, and the main reason behind a high starting salary is the ever-changing technology. Most good companies are ready to pay huge salaries to freshmen as they bring in with them the latest knowledge and innovation. The job prospect in this field is expected to grow at a rate of 38% in the next few years due to the constant rise in use of computer software in various fields. If you have the required degree, this is surely one of the best jobs out of college and you can draw as much as $80,000.

Actuary
This is another job that deals with finance, that is not only considered as one of the well-paid jobs, out of college but also the top ten highest paying jobs in America. But this differs from the investment portfolio as it deals more with the calculation of potential risks and liabilities of the insurance company. They may be recruited by top insurance companies for as high as $79,000 right after college, to successfully calculate the overall cost of insuring an organization, family or an individual, and in turn calculate the rates to run a profitable business. Blame the actuaries if you have bought a red car and the insurance cost you higher than you friend's blue car of the same model. They may also be employed by government organizations to calculate risks and probability of events like sickness, unemployment, death, retirement, disability, etc.

Engineer
The job profile of an engineer varies according to the degree in engineering, and so does the starting salary. Among the engineering jobs, petroleum engineering is said to be the best job out of college with an average starting salary of $78,000. But other engineering fields are also equally in demand as continuous innovation is required for every product. Though every school does not offer engineering degrees, it is also not very easy to get through to one that offers engineering degrees. But the effort pays off once you graduate as they are the high paid degrees.

Network Systems Administrator
Computer networking is a rewarding as well as an interesting job and among the top ten paying jobs out of college. Being a network system administrator feels like the most important thing in an organization, because along with maintaining the networks and servers, you would possibly be called for most of the computer system problems. So taking into consideration their importance in each and every organizational setting, they draw an average starting salary of $70,000.

Most would find it difficult to believe, but nursing and high school teaching job are also some top jobs out of college. But you cannot simply decide to take up a degree because you want a very high paying job. If you do not have the inclination and liking towards it, it is better to avoid these and take up something of your liking and interest. But if money is your top priority, then these would definitely keep you smiling!