The world today is increasingly dependent on technology. As investor Daniel Calugar explains, every industry has technological needs, putting IT skills in high demand.
Because of this, getting a computer science degree is becoming more and more attractive by the day. There are many reasons why majoring in computer science is a wise investment in your future.
1. The Jobs are Abundant
You enter college intending to gain the knowledge and skills necessary to make it in the professional world. But, if there are no jobs to get, what's the use?
If you have a computer science degree, your world will be open to endless possibilities across several industries. The U.S. Bureau of Labor Statistics says that by 2026, computer science positions will increase by 13%.
There will always be a need for technology skills in the future, so computer science graduates will always be in high demand.
2. The Jobs Pay Well
Life isn't all about money, of course, but it is nice to know that computer science jobs can pay the bills and a whole lot more. As of 2018, last year U.S. News conducted a study, the median annual pay in the IT field was $86,000.
Some positions that are a good fit for people with a computer science degree average six-figure salaries, including software developers ($101,000), IT managers ($139,000), and computer network architects ($104,000).
3. The Jobs are Recession-Proof
Even in downtimes, technology jobs won't completely disappear. If anything, companies rely on more technology to help them get through tough times rather than peeling back.
As a result, computer science jobs are recession-proof, to a degree.
As has been seen during the COVID-19 pandemic, for instance, companies turned to digital means more than ever to get work done. So, while some jobs went by the wayside or were deemed unnecessary, technology jobs were still in high demand.
4. You Can Transform the World
Quite literally, IT professionals are transforming the world as we know it seems every day. Their research, analysis, and development have contributed to massive healthcare improvements, communications, finances, and transportation.
The development of blockchain, for instance, has not only created cryptocurrency but has opened up immense possibilities for radical change in a number of areas. People with computer science degrees have also contributed to developing mRNA vaccines that were utilized to inoculate people against COVID-19.
5. The Possibilities Are Endless
A computer science degree doesn't pigeonhole you into a few relatively narrow job fields, unlike many college majors. A literature major, for example, may be limited to teaching, writing, and editing.
People who hold a computer science degree can enter almost any field, industry and work on any project. Because technology is omnipresent in everything today, the skills and knowledge you gain through obtaining a computer science degree apply to anything you can imagine.
Daniel Calugar says computer science graduates can work in finance, health care, transportation, education, programming -- whatever your heart desires.
About Daniel Calugar
Daniel Calugar is a versatile and experienced investor with a computer science, business, and law background. He developed a passion for investing while working as a pension lawyer and leveraged his technical capabilities to write computer programs that helped him identify more profitable investment strategies. When Dan Calugar is not working, he enjoys working out and being with friends and family, and volunteering with Angel Flight.