Researchers at Georgetown University's Center on Education and the Workforce have recently released a rather comprehensive report
on salaries by undergraduate major. Entering college freshmen usually are quite ignorant that the median salaries can differ fourfold (Petroleum Engineering at $120,000 versus Counseling/Psychology at$29,000). I was. As a parent of a college-bound high school student, this is a great way to introduce him to the consequences of some rather important choices. A general theme appears to be the return to quantitative or scientific skills.
Among business degree holders,
graduates with "Business Economics" majors had the highest median earnings ($75,000 versus $60,000 for all business). They are also more likely to go on to earn a graduate degree. Interestingly, their occupations appear to be very similar to Finance majors - they just earn more. Economics majors from social science
do well too. In my case, it was just dumb luck that what I enjoyed doing turned out to be quite remunerative.