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Major Money: 5 College Degrees That Can Make You Rich

pretty girl holding cash

With a college degree in hand, you’re rich in mind, but it doesn’t guarantee you’ll have a lot of dollars stacked in the bank. For a young person attending university, it’s smart to seek college degrees that can make you rich upon graduation.

Petroleum Engineer

The mean salary for petroleum engineers is $130,000. Engineers find ways to extract gases and oil from underneath Earth’s surface. Generally spending days in an office or laboratory, engineers also spend long hours at drilling sites.

With a bachelor’s degree in engineering, workers may also have a past in mechanical or chemical engineering. Employment for engineers is expected to surpass the average job growth; employment is projected to grow 26% from 2012 to 2022.

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Safety Checklist to Ensure Your Workers are Protected from Risks

welder

Protecting workers from safety hazards is the number one priority of business owners and site supervisors. Advancements in personal protection equipment (PPE) has made this process much more simple than it used to be, leaving no room for unsafe working at heights projects. Before you set off for your next worksite, consider whether you have checked all the safety boxes.

Have Risk Assessments Been Completed?

This is standard practice for most worksites. As existing hazards are different for each new site, an assessment should be completed before workers even set foot on the site. Completing a risk assessment allows site supervisors to identify any potential safety issues, as well as providing ample opportunity to work out the measures needed to avoid an accident or injury.

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To Write Is to Learn

college girl studying

Here’s an interesting article about the Cleveland Browns and how the new coaching staff lead by Mike Pettine stresses have his players take notes by hand in order to maximize how well they learn. Pro football can be very complicated and many people would be surprised how much classroom work is done by coaches and athletes. Pettine used to coach in high school and he picked up this approach from teachers who pointed out that you’re more likely to remember something if you write it down.

This is something you should keep in mind as well, and not just while you’re in college or grad school. A successful career involves consistent learning, and if you develop good note-taking habits, in the long run you’ll learn more and be more effective, regardless of your career choice.

Do you ever want to sell your business?

If you’re a business owner, one of the things you should always consider is whether you’d like to sell it at some point. This probably shouldn’t be your biggest concern of course, but it’s something you should keep in mind.

If someone wanted to buy your business, could they run it without you after a transition period? This is critical, because if you’re irreplaceable, you really don’t have a business you can sell without binding yourself to years of additional work.

Think about it, and it will probably trigger some additional thought as to how you structure your business. Think about what you should be teaching your team so that others can run certain aspects of your business that you control.

This is difficult for many entrepreneurs, but it’s essential if you ever want to have a real exit strategy.

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