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Youth Village Kenya > Blog > Education > 10 Degrees That Will Make You Financially Stable In 10 Years
Education

10 Degrees That Will Make You Financially Stable In 10 Years

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Last updated: 2023/06/24 at 3:51 PM
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In today’s competitive job market, obtaining a degree that not only aligns with your interests but also offers financial stability is a wise choice.

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With the right qualifications, you can position yourself for success and enjoy a rewarding career. In this article, we will explore 10 degrees that have the potential to provide financial stability in Kenya over the course of 10 years, measured in Kenyan Shillings (KES).

  1. Computer Science (Median Annual Salary: KES 12,000,000)

A degree in computer science opens doors to a range of lucrative opportunities. Graduates in this field are highly sought after in industries such as technology, finance, and healthcare. With a median annual salary of KES 12,000,000, computer science professionals can enjoy financial stability while working on cutting-edge technologies.

  1. Engineering (Median Annual Salary: KES 10,000,000)

Engineering is a versatile field with various specializations. Whether it’s civil, mechanical, electrical, or chemical engineering, the demand for skilled engineers remains high. Graduates can find employment in industries such as manufacturing, construction, and energy, with a median annual salary of KES 10,000,000.

  1. Finance (Median Annual Salary: KES 8,500,000)

A finance degree equips graduates with the skills to manage money, investments, and financial systems. In Kenya, financial professionals can secure positions in banks, investment firms, and insurance companies. With a median annual salary of KES 8,500,000, a finance degree offers a promising path towards financial stability.

  1. Accounting (Median Annual Salary: KES 7,500,000)

Accounting professionals play a vital role in managing financial records and ensuring compliance. Graduates with an accounting degree can find employment in diverse industries, including businesses, government agencies, and nonprofit organizations. The median annual salary for accountants in Kenya is approximately KES 7,500,000.

  1. Law (Median Annual Salary: KES 13,000,000)

A law degree can lead to a lucrative career in the legal field. Graduates have the opportunity to work in private practice, government institutions, or academia. With a median annual salary of KES 13,000,000, lawyers can enjoy both financial stability and the fulfillment of contributing to the administration of justice.

  1. Medicine (Median Annual Salary: KES 20,000,000)

The field of medicine offers immense financial rewards and the opportunity to make a significant impact on people’s lives. Physicians, with a median annual salary of KES 20,000,000, can work in hospitals, clinics, or establish private practices. Pursuing a medical degree requires dedication, but it can lead to both financial stability and a meaningful career.

  1. Nursing (Median Annual Salary: KES 8,000,000)

Nursing is a vital profession that provides direct patient care and support. Graduates with a nursing degree can work in hospitals, clinics, or educational institutions. In Kenya, registered nurses can expect a median annual salary of KES 8,000,000, making it a rewarding and financially stable career choice.

  1. Education (Median Annual Salary: KES 6,500,000)

Educators play a crucial role in shaping future generations. With a degree in education, graduates can pursue careers as teachers in elementary schools, high schools, or colleges. Despite the challenges, a career in education offers intrinsic rewards and a median annual salary of KES 6,500,000.

  1. Social Work (Median Annual Salary: KES 5,500,000)

Social workers make a difference in the lives of

individuals, families, and communities. With a degree in social work, graduates can work in various settings, including government agencies, nonprofit organizations, and private practice. Although social work is a field driven by compassion and social justice, it also offers a median annual salary of KES 5,500,000, ensuring financial stability while making a positive impact on society.

  1. Business (Median Annual Salary: KES 7,000,000)

A degree in business equips graduates with a solid foundation in management and entrepreneurship. The skills acquired in this field are highly transferable and in demand across industries such as finance, marketing, and operations. With a median annual salary of KES 7,000,000, business professionals can thrive in a competitive business environment while enjoying financial stability.

It’s important to note that the mentioned salaries are median figures and can vary based on factors such as experience, specialization, and location. Additionally, these figures represent potential earnings after gaining several years of experience in the respective fields.

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Editor June 24, 2023 June 24, 2023
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