You're about to earn your degree -- now you're ready to earn the paycheck to match. According to a report from the Bureau of Labor Statistics, 14 million job openings are projected to spring up for degree-wielding professionals between 2004 and 2014, 6.9 million of which are expected to be open to new college graduates. These "pure-college" professions require at least a bachelor's degree and thus give college grads an edge over the competition.
It's no surprise that medicine and law fall into this category. But while those fields are notoriously competitive, opportunities abound in other areas. Accounting and IT are joining the roster of vocations that require a college degree -- and along with education, they comprise the fields expected to outpace all other pure-college occupations. Apply for one of these positions, and your degree could make all the difference.
1. Accountants and Auditors
Of the "pure college" professions, accounting has the most opportunities for non-grads, as 25 percent of workers in the field do not have a bachelor's degree. Although some entry-level positions may not require a degree, "if you're looking for growth in your career, you absolutely have to have a degree," according to Ralph Diaz, a senior recruiter with Accountants One, an accounting and financial placement team in Atlanta. But, he adds, "If you're looking for growth in your career, you absolutely have to have a degree."
This is especially true for certified public accountants, since aspiring CPAs are required to complete 150 college credits before even taking the exam. The payoff is that job opportunities in accounting far outnumber other business and finance positions.
EXPECTED OPENINGS: 486,000
MEDIAN INCOME: $50,770
MEDIAN INCOME: $50,770
Innovations in computer software have made computer applications software engineering one of the fastest growing fields in the job market. But although the occasional college dropout might land an enviable position (ahem, Bill Gates), most software engineers will need to complete a four-year curriculum.
"To get a position in the software field without a degree, you'd have to be a genius," said Dean Clairmont, a project manager with EES, an engineering executive search firm based in San Diego. "The bachelor's degree barely gets you in the door; you really want to pursue at least a master's in computer science."
EXPECTED OPENINGS: 268,000
MEDIAN INCOME: $74,980
3. Elementary School Teachers
A key component of the No Child Left Behind Act requires schools that receive federal funding under the Act to hire new teachers with bachelor's degrees and certification and to ensure that all teachers of core academic subjects have bachelor's degrees, certification, and competency in their fields. Currently, approximately 92 percent of elementary school teachers hold a bachelor's degree or higher. And teachers have plenty of incentive to further their education. Those who hold a master's degree in education often qualify for a higher salary, and many schools allow working teachers to pursue postgraduate degrees while still actively employed.
EXPECTED OPENINGS: 587,000
MEDIAN INCOME: $43,160
4. Secondary School Teachers
Approximately 95 percent of secondary teachers have completed a bachelor's degree; teachers are typically encouraged to pursue a degree in the subject they wish to teach before completing their required education courses and certification program.
Want to improve your chances of landing a position? Earn your degree in one of the most sought-after areas of expertise -- math, science or bilingual studies.
EXPECTED OPENINGS: 436,000
MEDIAN INCOME: $45,650
5. Postsecondary Teachers
As college degrees become increasingly essential, so do college professors. The field of postsecondary education is expected to grow at twice the national average -- and offer more job opportunities than any other pure-college occupation.
A degree is required for anyone who wants to take advantage. Kristina Quay, an instructor at Sampson Community College in North Carolina, attests that her master's degree in education was vital to her attaining a faculty position: "There's no way you'll get hired without it," she says.
EXPECTED OPENINGS: 892,000
MEDIAN INCOME: $51,800
MEDIAN INCOME: $51,800
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