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  • Most valuable Degrees in Canada

    Are you making plans to study in Canada, and wondering which programs/courses are valuable? This is for you. The Royal Bank of Canada said these are the Top 10 Most Valuable Degrees in Canada 

    Please, if your program is not listed, it doesn't mean it's not useful.

    The ranking is by highest average salaries compared to tuition costs

    It is to give info on degrees with good returns on (education) investment

    "No matter what program you choose in the end, with careful budgeting, planning & hard work, you can find success in any field." - RBC 

    Degree

    1) Business/Management Sciences

    The discipline is more tied to math than commerce and will teach students about theories and models in statistics and programming. It will also teach students how to apply these knowledge/skills to a variety of business problems. 

    2) Petroleum or Chemical Engineering

    They learn about subjects such as fluid mechanics, heat and mass transfer, and process modeling in order to design operations that will transform raw material into specified products for industries (oil and gas, pharmaceuticals or energy). 

    3) Finance

    Students who specialize in finance will learn how to plan, manage and analyze the financial aspects of businesses, banks, and other organizations. They will work as analysts in a variety of financial roles. 

    4) Pharmacology

    After obtaining this degree, you will also complete an exam with the Pharmacy Examination Board of Canada, complete an apprenticeship & become registered with your province’s college. The Government of Canada projects a shortage of pharmacists until at least 2024 

    5) Geosciences

    This can lead to work in mineral and petroleum exploration, environmental consulting and urban projects, among others. These skills are highly valued in Canada’s mining industry. 

    6) Computer Science, Computer/Software Engineering

    The number of computer/software engineers needed is expected to grow in the next few years according to the Canadian Occupational Projection System (COPS). This is as a result of high business investment in the technology sector 

    7) Business Administration

    There are plenty of opportunities available to those with a Business Administration Degree. Business Administration and Business services management encompass a range of firms including legal, payroll, market research, and accounting. 

    8) Specialized Engineering

    Specialized engineers work in fields like agriculture, textiles, and biomedicine but the work is still typical of an engineer — managing processes, building equipment and supervising installations. 

    9) Nursing

    Nurse practitioners can have more responsibility than registered nurses. You will need a bachelor’s degree in nursing followed by additional training. Alternatively, you could obtain a master’s in nursing. Job markets in healthcare are predicted to remain stable. 

    10) Civil Engineering

    Civil engineers are involved with multiple stages of building projects, from design to construction, and may work on a range of infrastructure projects such as roads, bridges, towers, buildings, and water supply systems. 

    In a volatile economy and an era of technological change, students will have to apply knowledge and skills to meet employer needs and succeed in their fields.

    Ensure you are keeping your skills up to date in your field.

    You should read this WEF article on Future of Jobs

    Author

    Updated on 2:27-am February 25,2020


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