{"id":274873,"date":"2018-10-02T18:00:32","date_gmt":"2018-10-02T16:00:32","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=274873"},"modified":"2018-10-03T16:13:02","modified_gmt":"2018-10-03T14:13:02","slug":"10-of-the-best-degrees-to-study-to-make-the-most-money-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/274873\/10-of-the-best-degrees-to-study-to-make-the-most-money-in-south-africa\/","title":{"rendered":"10 of the best degrees to study to make the most money in South Africa"},"content":{"rendered":"

Jobs website CareerJunction recently released a list<\/a> <\/strong>of the highest paying jobs in South Africa.<\/p>\n

According to the report, engineers remain some of the highest earners in the country, with environmental engineers taking home an average monthly salary of around R75,941 (R911,292 per year).<\/p>\n

Senior managers across a variety of sectors also earn well, with\u00a0senior financial managers taking home an average salary of R67,653 a month (R811,836 a year), and senior IT managers taking home an average salary of R68,281 (R819,372 a year).<\/p>\n

Aside from engineers, other top-paying positions are commonly found in finance and ICT sectors, as well as within the medical field.<\/p>\n

Below BusinessTech looked at these jobs, and what you will need to study to start working in the field.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Job<\/th>\nDegree<\/th>\nAverage monthly salary<\/th>\nAverage annual salary<\/th>\n<\/tr>\n
Environmental engineer<\/td>\nFour-year Bachelor of Science (BSc) with Honors in Environmental Engineering<\/td>\n\u00a0R75 941<\/td>\n\u00a0R911 292<\/td>\n<\/tr>\n
Civil engineer<\/td>\nFour-year Bachelor of Science (BSc) in Civil Engineering<\/td>\n\u00a0R74 779<\/td>\n\u00a0R897 348<\/td>\n<\/tr>\n
Structural engineer<\/td>\nFour-year Bachelor of Science (BSc) in Civil Engineering<\/td>\nR71 377<\/td>\n\u00a0R856 524<\/td>\n<\/tr>\n
IT management<\/td>\nBCom\/BCom Hons in Information Management<\/td>\n\u00a0R68 281<\/td>\n\u00a0R819 372<\/td>\n<\/tr>\n
Financial management<\/td>\nBCom in Financial Management<\/td>\n\u00a0R67 653<\/td>\n\u00a0R811 836<\/td>\n<\/tr>\n
Plant manager<\/td>\nBachelor’s degree in business or industrial management is advised<\/td>\n\u00a0R62 188<\/td>\n\u00a0R746 256<\/td>\n<\/tr>\n
Chartered accountant<\/td>\nBCom, followed by a certificate in the theory of accounting (CTA).<\/td>\n\u00a0R60 795<\/td>\n\u00a0R729 540<\/td>\n<\/tr>\n
Quantity surveying<\/td>\nFour-year Bachelor of Science (BSc) with honours in Quantity Surveying<\/td>\nR60 227<\/td>\n\u00a0R720 454<\/td>\n<\/tr>\n
Electrical engineer<\/td>\nFour-year Bachelor of Science (BSc) in Electrical Engineering<\/td>\n\u00a0R59 792<\/td>\n\u00a0R717 504<\/td>\n<\/tr>\n
Technical and business architect<\/td>\nA\u00a0BSc in IT or Computer Science is advised<\/span><\/td>\n\u00a0R58 981<\/td>\n\u00a0R707 772<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n

Lawyers, doctors and airline pilots<\/strong><\/p>\n

Notably, CareerJunction’s list omits high paying professions such as lawyers –\u00a0<\/strong>with that data available in more detailed\u00a0reports\u00a0based on firm sizes and types.<\/p>\n

While South African law students are still able to study a four year LLB, a number of universities have reverted back to the requirements of completing a Bachelor of Arts, Bcom or other undergraduate degrees.<\/p>\n

On successful completion of the degree, students who wish to further their knowledge of law may apply for the 2-year LLB programme.<\/p>\n

According to a recent report by GRM search<\/a><\/strong>,\u00a0attorneys working at a large firm can expect to earn anywhere between\u00a0R350,000 and R1 million<\/strong>\u00a0in the first two years post-articles.<\/p>\n

Overall, salaries tend to remain constant until around the 10-year mark, after which they see significant increases due to seniority.<\/p>\n

Doctors<\/strong> are also not represented in the report –\u00a0and are regarded as a high paying profession – with seven years often stated as the minimum amount of timing spent training – and salaries also varying greatly on the field.<\/p>\n

According to data published by the Public Servants Collective Bargaining Council (PSCBC) in July, medical specialists can expect to earn as much as R1.7 million<\/strong> a year.<\/p>\n

Becoming a commercial pilo<\/strong>t is also a relatively long process, with you required to first complete a private pilot licence (PPL) before getting a commercial pilot\u2019s licence (CPL) combined with an Instrument Rating.<\/p>\n

Following hours of flight time, you then go on to get an Airline Transport Pilot Licence (ATP). According to Payscale<\/a><\/strong>, you can earn up to R1.9 million<\/strong> as a commercial pilot in South Africa.<\/p>\n

\n

Read:\u00a0Teachers ditch South Africa for bigger salaries abroad<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

BusinessTech looked at the degrees you need to study to make the most money in South Africa. <\/p>\n","protected":false},"author":10,"featured_media":101682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[9405,26],"class_list":["post-274873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-career-junction","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=274873"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274873\/revisions"}],"predecessor-version":[{"id":275179,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274873\/revisions\/275179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/101682"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=274873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=274873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=274873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}