Berkeley CSUA MOTD:Entry 54297
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2024/11/23 [General] UID:1000 Activity:popular
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2012/1/24-2/14 [Academia/Berkeley/Classes] UID:54297 Activity:nil
1/24    "What the Top 1% of Earners Majored In"
        http://finance.yahoo.com/news/top-1-earners-majored-163026283.html
        No EE/CS/EECS!
        \_ Yeah, you should have majored in Art History instead.
           \_ No you should have gone to Med Skool like every good asian
              parent says.
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finance.yahoo.com/news/top-1-earners-majored-163026283.html
Wed, Jan 25, 2012, 2:15 AM EST - US Markets open in 7 hrs 15 mins Discover Yahoo! With Your Friends Explore news, videos and much more based on what your friends are reading and watching. The writer, sly dog, was probably trying to make a point, because he wrote from a biology department, and it turns out that biology majors make up nearly 7 percent of college graduates who live in households in the top 1 percent. According to the Census Bureau's 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order. Below is a chart showing the majors most likely to get into the 1 percent (excluding majors held by fewer than 50,000 people in 2010 census data). The third column shows the percentage of degree holders with that major who make it into the 1 percent. The fourth column shows the percent of the 1 percent (among college grads) that hold that major. In other words, more than one in 10 people with a pre-med degree make it into the 1 percent, and about 1 in 100 of the 1 percenters with degrees majored in pre-med. A separate analysis of census data on occupations showed that one in eight lawyers, for example, are in the 1 percent -- unless they work for a Wall Street firm, when their chances increase to one in three. Among chief executives, fewer than one in five rank among the 1 percent, but their chances increase if the company produces medical supplies (one in four) or drugs (two in five). New York, New York o 11 hours ago It would be interesting to add a column showing how many of these people were in the 1% before going to college and would therefore be in the 1% regardless of major. o 7 hours ago Economics, Political Science and Government, and International Relations - the few fields in which you can be horribly wrong and still keep your job. A little surprised about the religious studies and art history majors though, but I have some theories. Richardson, Texas o 17 hours ago Interesting, but incomplete, since the degrees beyond the bachelor level are probably even more important. Four of the top five UG degrees are typical for people proceeding on to medical school. Many others appear to be representative of majors of those who earn a law degree or MBA Since the vast majority of the 1%-ers are college grads and college grads are about 1/4 of the adult population, it would be reasonable to expect that almost 4% of those with the "average" major would be in the 1%. Chris o 9 hours ago nobody's moving from the 'hood to Mitt Romney's cul de sac with a degree in Art Criticism or Ethnic Studies who wasn't already his neighbor anyway. Wichita, Kansas o 9 hours ago My degree was Aerospace Management. In my whole life, I've never met one person that needed their aerospace managed. However, if you do need someone for the specific task, I am your man. Dav o 7 hours ago Looks like I made the right choice picking chemical engineering, I'll be in the top one percent in no time! Seriously though, if you actually choose a major based on this list due to the probability of the reaching the top one percent, I doubt you'll go very far. Clancy, Montana o 14 hours ago Could some of these degrees also be common among those born into the 1%? A better question would be "What degree will get me into the 1% if I wasn't born there?" Taxpayer-700B o 12 hours ago Engineers don't even make the list! Oh - that's because we actually learn to produce something, and get paid based on what we produce. So, if you want to make the top 1%, don't learn to produce something of value - just learn how to play the game. Keith H o 8 hours ago Women's Studies, probably the biggest joke of a major out there. Basket Weaving would be more practical IMO Why isn't there a Men's Studies major? com/yahoofinance&send=false&layout=standard&wid th=280&show_faces=true&action=like&colorscheme=light&font&height=60 Sponsored by Quicken Loans - Engineered to Amaze You control your mortgage - Choose your own term & save on interest or lower your payment! qx9Pl00AfQHy6IdG/Y =YAHOO/EXP=1327482910/L=q4g9vUPDlDnLoogRsWCcZACzRTfow08fq_4ACipN/B=Ji3c C9BDRy4-/J=1327475710834027/K=5avrk_wO7h1ROFRYBVHF8g/A=6446999/R=0/* Today on Yahoo! Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. site, you agree not to redistribute the information found therein.