Which majors are more likely to earn millions a year?

Abstract: Nowadays, not only men are afraid of entering the wrong profession, but women are also afraid of entering the wrong profession. The base of college students is getting larger and larger, and the employment situation is becoming more and more severe year by year. Many people are concerned about which major is more popular? What career has unlimited money potential? Which major is easier to get an annual salary of one million? The editor has sorted out the eight most popular majors, let’s take a look! Which majors are more likely to earn millions a year? Which majors should you study in the next five years?

Which majors will Chinese people study to earn a million a year in the next five years?

When choosing a major, employment situation is an important reference factor. In 2014, the total number of college graduates nationwide reached 7.27 million, which was nicknamed the “most difficult employment season in history.” So, which major will be the most popular in the next few years? What career has unlimited money potential?

Major 1: Actuarial Statistics

Currently, there are 43 Chinese actuaries and 79 associate actuaries nationwide. In addition, since the training of local actuaries only started in 1999, the chief actuaries hired by most insurance institutions are international talents with North American or British actuarial qualifications.

“According to statistics from the American Actuarial Society SOA, there are currently about 70 FSAs (fellowsofSOA) who have been practicing in mainland China for a long time, of which less than half were grown locally; while the British actuaries FIA (fellowsofIOA) The number of people is even less than double digits," said Li Zhenhua, a formal member of SOA.

In stark contrast to the existing small talent pool, with the in-depth opening up and vigorous development of my country's insurance industry, experts predict that in the next five to ten years, the market demand gap for Chinese actuaries will be 4,000. ~About 5,000 people.

Therefore, in China's "scarce resources" senior actuary industry, the salary level is always at the top of the per capita salary rankings of various professions, and is rarely squeezed out of the "top three". Ranked first in the salary list published by the Beijing Bureau of Statistics in 2003, and also ranked the best among the 250 occupations in the United States assessed by the American Occupational Rating.

According to relevant data, currently the most valuable actuary in mainland China is Ping An’s chief actuary, with a net worth of more than 3 million yuan per year. Chief actuaries of other insurance companies have no problem getting a salary of 4 to 50,000 yuan a year. The annual salary of a general actuary or actuarial staff is around 120,000 to 400,000 yuan.

In Hong Kong, the annual salary of an actuary is at least US$100,000. Therefore, actuaries can truly be described as “the golden collar among golden collars”. Even calling them “diamond collars” is not an exaggeration.

Major 2: Luxury goods management and marketing major

Nowadays, it is not uncommon for an ordinary luxury goods salesperson to earn a 5-digit monthly salary. Regional management talents in the luxury goods industry The annual salary is hundreds of thousands of yuan, and the annual salary of senior executives is over one million yuan. However, major luxury goods companies have difficulty recruiting suitable local talents.

Relevant data shows that China has become the world’s third largest consumer of luxury goods after Japan and the United States, contributing nearly 20% to the total sales of the global luxury goods industry, accounting for nearly 80% of the total sales. % of the world's top luxury brands have entered the Chinese market. Therefore, more professional talents are needed for management.

International talents who understand China’s local consumer psychology and trends, have overseas education background, international work experience in the industry, and are fluent in 1 to 2 foreign languages ??are in high demand. Talents majoring in luxury goods management will have good employment prospects after returning to China in the next few years.

Major Three: Biotechnology Major

In biotechnology parks across the Yangtze River Delta, dozens of new companies are developing various drugs to treat China’s multiple diseases, from diabetes to , hepatitis B to cancer.

Although still in its early stages, these pharmaceutical companies mean that China will launch competitive biomedical innovation. Its founder represents Beijing’s long-standing wish: to bring the best life scientists from overseas back to the motherland.

Since the late 1970s and 1980s, these elites have gone overseas to study and work, becoming senior staff of the world's top pharmaceutical companies. China has been trying to lure them back for decades, but the latter are reluctant to return to a scientific system that was once insular, politicized and often dependent on personal connections for research funding and promotions.

However, the global financial crisis and Beijing’s new talent attraction measures have put these people under attack.

Beijing has invested more than US$300 billion in the technology industry, among which biotechnology is listed as one of the seven pillar industries in the latest five-year plan.

Research by the "New England Journal of Medicine" shows that from 2007 to 2012, China's investment in biomedical research has more than tripled, although it is still dwarfed by the United States and Europe.

It is foreseeable that in the next 5-10 years, the global demand for professionals in the field of biotechnology will increase day by day.

Major 4: Convention and Exhibition Management Major

Currently, the annual revenue from the global convention and exhibition economy exceeds US$250 billion. China has become a major exhibition country. Data shows that in the past five years, the area of ??China's exhibition venues has increased by more than 50%. The exhibition economy in some domestic large cities and tourist cities has begun to take shape, and a number of quite mature market entities have been born.

However, with the rapid development of my country's exhibition industry, the shortage of core personnel and supporting professional talents has become increasingly apparent.

As a rising industry, the convention and exhibition industry will have broad room for development, and for practitioners in the convention and exhibition industry, it will also be a good career platform and an opportunity for personal development.

At present, the exhibition management major has become an emerging popular major for students studying in the United States in recent years. There is a shortage of talents in the exhibition management major at home and abroad, and the development prospects after graduation are also very optimistic.

Professional 5: Social Work Major

The profession of social workers covers a wide range of areas, including those engaged in psychological counseling, community corrections staff, and support staff for troubled youths, etc. scope of social work. In accordance with the development trend of "big market, small government" and with reference to policies such as "government purchase of services" being implemented in many cities, these social work will be separated from government systems such as civil affairs, justice, and health, providing a large number of job opportunities.

In the next ten years, citizens will gradually develop an awareness of social work, and the government will also introduce supporting policies. This emerging profession will have good development prospects.

Professor He Xuesong, deputy dean of the School of Social and Public Administration of East China University of Science and Technology, pointed out that in countries and regions with mature social workers, the number of social workers generally accounts for two thousandths of the total population. Judging from this ratio, the gap in social work talents in China is undoubtedly very large.

Major Six: New Energy and Energy Saving

New energy is the future development direction of global energy because of its sustainability, cleanliness and environmental protection. New energy technologies such as wind energy, solar energy, biomass energy, and geothermal energy will become important choices for countries' sustainable development strategies. Therefore, the new energy industry not only promotes consumption, increases investment, and stabilizes exports, but also adjusts the structure and improves international competitiveness.

With global warming and frequent disasters, green and low-carbon development has become an inevitable requirement to achieve sustainable development. New energy will become a new direction for future economic development and investment, and the demand for new talents will be growing.

Major Seven: Public Relations Major

According to data released by the China International Public Relations Association, the annual business scale of China’s public relations service market is approximately 26 billion yuan, with annual growth The rate is 23.8%.

Fast-moving consumer goods, automobiles, IT, healthcare, finance and other business markets will still be the main service areas. In the future, the demand for public relations services from governments, non-profit organizations, especially cities, will form a new As a growth point, the public relations industry is ushering in another round of spurt development, and the competition for human resources will become more intense.

Major 8: Engineering majors

According to data from American universities, four of the five highest-paying majors are engineering majors. Overall, engineering majors The average starting salary increased 2.5% to $60,465.

Almost all published engineering disciplines have seen increases in average starting salaries, with university graduates in petroleum engineering and computer engineering leading the list in terms of average starting salary increases.

The high professional and technical content, the growth in demand brought about by economic development and social construction are the main reasons for the continued strong employment of engineering majors.