Choosing a Degree

Madison: Hey guys I have to finalise my course selection by tomorrow. I’m stuck on choosing between Psychology and Sociology? What’s the difference between the two?

Sophia: I came to my university very certain I was going to major in Accounting. I hated it so much I changed to Business Analytics and then to Marketing. I hated those, so now I’m studying Management, but I feel it is a waste of time. I’ve already racked up a huge student loan. What’s the best approach to choosing a major?

— Students discussing choosing a major on social media

Fifty or more years ago just having a degree, any degree, would help you stand out in the job market. More recently, a tsunami of graduates is hitting the job market every year. With high costs for tertiary education and a spiralling cost of living, especially housing, it is more important than ever to choose a degree carefully. Choosing a degree is one of the most important financial decisions you will ever make, yet many people spend less time researching their degree than they do on planning their next holiday. Weighing up all the factors involved in choosing the right degree is complicated, so it’s important to tackle the process in a systematic manner and leave adequate time to make a decision.

There are some degrees that have a very high chance of yielding a job in a given field, especially if one is prepared to move locations. This includes select healthcare related degrees such as medicine, pharmacy, or medical imaging to name a few. Then there are degrees that are useful for getting a job in a given field, but the result is far from guaranteed due to an oversupply of graduates, some popular examples include accounting, economics, finance, IT, and computer science.

On the other hand, there is a large group of degrees that, while enabling a box to be ticked of having a degree, few employers care about. A graduate is forced to compete with a extremely large pool of candidates because the specific knowledge attained in the degree doesn’t matter. Like a game of musical chairs where the number of players vastly exceeds the number of chairs, a lot of people are going to miss out on graduate level jobs.

Tip
Choose your degree very carefully, because some degrees have limited value in the job market.

While it is important to take into account financial considerations and job prospects when choosing a degree, this should not be your only consideration. There is no point doing something you hate just because it pays well. If you hate it, you might not engage fully with the job and your career progress might not be that good. In addition, while some degrees like finance can lead to high-paying jobs, this isn’t necessarily the typical outcome. Due to a huge oversupply of finance graduates, only a small percentage end up earning a large salary. Ultimately, choosing a degree requires a careful balancing act between competing factors.

Important factors to consider when choosing a degree include:

  • Interests

  • Aptitudes

  • Salary

  • Number of vacancies per applicant

  • Long term job market forecasts

  • Work environment

There is no exact formula for choosing a degree, so it’s a good idea to invest time researching and weighing up the various options. Some less than optimal ways include choosing a degree because:

  • It seems easy and fun.

  • All my friends are doing that degree.

  • The department put on a good demonstration at the university open day.

  • My parents are pressuring me to choose it.

  • I’m not really interested in anything, so it’s a default choice.

  • My marks aren’t high enough for the degree I want.

  • It seems like the hot option despite my lack of interest (AI, data science, quantum computing).

  • It’s the one with the highest possible pay.

  • I really want to go to this university, but it’s not my degree of choice.

  • I’m heavily influenced by a fictional character.

  • It only has a small number of contact hours per week.

  • I was good at the subject at school.

  • I don’t know what else to do.

While not all of these factors are especially bad, choosing a degree solely on the basis of one of these reasons is likely not the best path to graduating and having a successful and rewarding career.

Superficial factors like choosing a degree because it seemed easy and fun or your friends are doing it are among the worst reason for choosing a degree. Although everyone wants to have an enjoyable time at university, university typically is only a short portion of your life, ideally one should choose a degree that will serve them well over their entire working life.

Tip
Avoid picking a degree solely because it seems easy or fun. Think about long term considerations too.

It’s surprising the influence an open day demonstration can have on potential students. Some students who were dead set on pursuing a particular degree were so disappointed by a lacklustre open day presentation that they changed their plans. Similarly, sometimes a demonstration is so impressive that students immediately start considering a degree they hadn’t considered before. Universities pull out all the stops for open day demonstrations, they aren’t representative of the everyday experience. Hence, it is important not to be overly swayed by such factors. Dig deeper into the quality of the degree and the subsequent career prospects. Make sure it really aligns with the factors you consider important.

Tip
Don’t be overly influenced by open day demonstrations. They aren’t representative of the actual experience studying a degree.

Doing a degree due to pressure from one or both parents is also probably not the best idea. It will be very hard to motivate yourself if you have no interest in the subject. Family dynamics are complex and parents may want to live vicariously through their children or alternatively want their children to continue the family business. As Joshua explains, "I’m genuinely passionate about mechanical engineering and I’ve wanted to do it since I was a kid. But my mother is pressuring me to study civil engineering and work in my father’s civil engineering business. She’s so toxic. I really don’t want to study civil engineering, what should I do?". Navigating this situation will be tough for Joshua, but it makes sense for him to pursue his passion for mechanical engineering, especially when it has reasonable job prospects. While civil engineering has strong job prospects and would enable him to take over the family businesses eventually, he has less interest in the degree. One thing that Joshua should keep in mind is that once he has a four-year engineering degree, there are a variety of civil engineering conversion courses available, so the pathway to civil engineering isn’t closed if he later changes his mind.

Many people prioritise attending a particular university, and end up compromising on choice of degree. Yet in most cases, the university graduated from isn’t that important. It’s nearly always better to prioritise choice of degree. For students with a high enough GPA, universities do offer internal transfers between degrees. However, places are limited, meaning it isn’t always successful and potentially wastes a lot of time. Instead, they could’ve just studied their degree of choice elsewhere. Incredibly, some students waste two years at a prestigious university repeatedly trying to transfer into a particular degree when they could’ve just started that degree somewhere else and already have it half completed.

A related issue is undertaking a huge commute to study at a prestigious university when a much closer university offers the same degree. There might be a very small number of occupations for which the prestige of the university matters, but for the vast majority of occupations the university graduated from isn’t that important. A rare exception might be something like law, where prestigious law firms will turn up their nose at graduates from low ranked universities. There is a huge oversupply of law graduates so firms can afford to be fussy. Some students mistakenly think law is a certain path to making a lot of money but that isn’t accurate. There is a huge variation in earnings.

Tip
Don’t get hung up on the prestige of the university. It seldom matters.

Alexandra is desperate to study Engineering at Monash because it ranks highly and is a "Group of Eight university". Unfortunately, she was denied a place because her ATAR wasn’t high enough. Despite being offered places in Engineering degrees elsewhere (such as RMIT) she really wants to study at Monash, perhaps by studying something else and then applying for a place based on her WAM. Given her ATAR she will need to study at least a year toward another degree before having a chance to transfer. Yet when it comes to engineering, how much does university prestige matter at hiring time? Australian companies employ engineers from many universities in Australia and around the world. Other attributes matter just as much as university prestige.

Tip
It’s better to make a decision that prioritises a particular degree than a particular university

Some people choose their major after being influenced by a fictional character. One well-known example from back in the 1980s is when archaeology departments received a huge boost in enrolments due to the movie Indiana Jones - Raiders of the Lost Ark (1981). Others might choose to study law based on a television legal drama, but just like Indiana Jones isn’t representative of contemporary archaeology careers, most legal dramas aren’t especially realistic either.

Tip
Make sure you really understand what a job involves rather than making assumptions based on something fictional.

Relatively often people go to university straight after school, because it seems like the next step, without necessarily considering careers or where their choice of degree will lead. This pattern can continue with them enrolling in a Master’s degree or even a PhD just because it seems like the next step. A PhD may open some doors, but closes many others due to being over qualified. Except for a few specialist fields, a PhD is seldom worth it from an economic perspective.

Tip
Don’t just enrol in a degree just because it seems like the next step. Consider carefully the value you hope to obtain from the degree.

Financial returns

New Zealand

Choice of degree has a huge impact on lifetime earnings. Choosing to ignore the financial aspects is a personal decision, but make it a conscious one. Too many students deny the reality of the low income associated with certain degrees.

It also makes sense to consider incomes not just in New Zealand and Australia, but also in other countries where students may end up living and working like the United Kingdom or the United States. That isn’t to say that certain degrees are bad in all aspects, they can still have some useful educational value, but from an economic perspective, there are definitely better and worse choices. One option for those who really want to study something they are interested in, but for which the available jobs are limited, is to consider a double degree (also sometimes known as a conjoint degree). This isn’t available at every university in Australia and New Zealand, but some universities offer the opportunity to complete two degrees simultaneously in less time than it would take to complete them separately. (It’s worth mentioning that double degree is another term that is used ambiguously by universities. Some use it to refer to a student studying two degrees simultaneously, but not as part of a special arrangement that allows a reduction in total time required. Check carefully how your university uses this term.)

Tip
Consider a double (conjoint) degree if available.

In this table we consider incomes for young New Zealand graduates by field of study five years after completing their degree [1]. By young graduates we mean they were 24 years or under when they completed their qualification. This data is expressed in 2024 dollars and is based on government tax data.

Table 1. Incomes of young New Zealanders five years after graduation
Subject Income

Medical Studies

152000

Optical Science

108000

Veterinary Studies

104000

Radiography

104000

Civil Engineering

104000

Building

97000

Pharmacy

97000

Dental Studies

94000

Geomatic Engineering

94000

Forestry Studies

93000

Electrical and Electronic Engineering and Technology

92000

Economics and Econometrics

92000

Banking, Finance and Related Fields

92000

Law

91000

Mathematical Sciences

89000

Nursing

88000

Horticulture and Viticulture

87000

Accountancy

87000

Computer Science

87000

Physics and Astronomy

86000

Mechanical and Industrial Engineering and Technology

85000

Environmental Studies

84000

Political Science and Policy Studies

84000

Agriculture

83000

Other Natural and Physical Sciences

83000

Information Systems

83000

Sales and Marketing

83000

Other Management and Commerce

82000

Business and Management

80000

Rehabilitation Therapies

77000

Other Information Technology

76000

Aerospace Engineering and Technology

76000

Earth Sciences

76000

Other Society and Culture

75000

Human Welfare Studies and Services

75000

Behavioural Science

74000

Public Health

74000

Architecture and Urban Environment

73000

Chemical Sciences

73000

Studies in Human Society

72000

Communication and Media Studies

71000

Curriculum and Education Studies

71000

Sport and Recreation

70000

Language and Literature

69000

Other Health

69000

Tourism

68000

Teacher Education

68000

Biological Sciences

68000

Philosophy and Religious Studies

67000

Graphic and Design Studies

65000

Other Creative Arts

62000

Food and Hospitality

61000

Performing Arts

56000

Visual Arts and Crafts

53000

Complementary Therapies

52000

From the table, it is apparent that medicine is the top earner five years after graduation. Other healthcare related degrees like optometry, radiography, dentistry and pharmacy are also good options. Graduates in these areas can often go directly from university to relatively well paid jobs. Another group of jobs that also pays well are those related to Engineering. Business and IT degrees are also associated with relatively good incomes.

Generally speaking, degrees in areas like creative and performing arts, languages, literature and other liberal arts type subjects perform badly. Some people assert without real evidence that there is a science skills shortage, but there is no evidence that such a general shortage exists. Some popular science majors like biology are associated with relatively poor pay, often because the only jobs available are low paid lab technician roles.

Australia

For Australia we look at the data for domestic graduates three years after graduation taken from the Graduate Outcomes Survey - Longitudinal 2023 [2].

Table 2. Australian incomes three years after graduation
Subject Income

Building and construction

110000

Dentistry

108300

Medicine

103000

Engineering - other

100000

Engineering - process and resources

100000

Engineering - electrical and electronic

100000

Banking and finance

100000

Engineering - mechanical

97600

Computing and information systems

96400

Mathematics

95600

Economics

94400

Engineering - civil

93900

Pharmacy

92000

Law

92000

Engineering - aerospace

90800

Management and commerce - other

90000

Justice studies and policing

86200

Occupational therapy

85100

Business management

85000

Social work

85000

Veterinary science

84000

Health services and support

83800

Environmental studies

83700

Natural and physical sciences

83500

Physiotherapy

83500

Teacher education - primary and secondary

83500

Political science

83500

Teacher education - other

82000

Humanities, history and geography

81400

Public health

81100

Teacher education - early childhood

80700

Architecture and urban environments

80000

Agriculture and forestry

80000

Accounting

80000

Sales and marketing

80000

Language and literature

80000

Psychology

80000

Nursing

79300

Biological sciences

75100

Medical sciences and technology

73000

Communication, media and journalism

73000

Music and performing arts

70400

Art and design

66500

A similar picture to the New Zealand data emerges with engineering and clinical health sciences dominating the top of the rankings. Banking, finance, and economics also does well as does computing and information systems. Poor performers include communication, media and journalism, music and performing arts, and art and design. As in New Zealand, biological sciences is associated with low incomes, as is medical sciences and technology. These courses likely lead to laboratory based roles which are frequently poorly paid.

United Kingdom

For the United Kingdom (UK) we explore data from a report by the Institute for Fiscal Studies [IFS] that examines the overall lifetime gain in earnings from attending higher education. These figures are based on individuals who were born in the 1980s and went to university in the mid 2000s and use a data set that links school, university and tax records. Note the figures take into account tax and student loan repayments [3]. The authors note there is a lot of variation within each subject, for simplicity we show only the median value for men and women. The values are expressed in thousands of pounds.

Table 3. UK Median lifetime returns in £k (2018 prices)
Subject Female Male

Medicine

340.95

493.04

Law

223.67

159.39

Economics

220.12

325.75

Business

173.44

123.91

Pharmacology

171.6

89.14

Education

143.62

51.28

Politics

132.62

76.96

Maths

128.36

169.12

Computing

125.5

111.84

Engineering

123.27

129

Nursing

109.03

22.89

Allied to medicine

93.83

51.04

Chemistry

92.51

90.6

Physics

81.32

13.48

History

72.35

74.14

Communications

65.49

12.24

Technology

61.52

53.07

Social care

60.19

-32.87

Sociology

59.44

14.98

Geography

57.01

97.64

Psychology

52.18

17.72

English

41.19

2.47

Architecture

39.32

102.13

Biosciences

35.56

26.32

Physical Sciences

30.5

0.93

Philosophy

23

15.32

Agriculture

20.72

-22.09

Languages

12.59

61.24

Creative arts

-5.41

-93.77

Just to reiterate these figures are not earnings per year, they are the extra lifetime value (expressed in thousands of pounds) of a degree compared to students with similar grades at high school who chose not to go to university. It is evident that medicine, law, economics and business are typically associated with big gains in earnings. On the other hand creative arts are a sure fire way to lose money. Quite a few other degrees are worth a relatively small amount over a lifetime such as psychology, english, biosciences, physical sciences, philosophy, agriculture and languages. (Note that in this data, physical sciences refers to subjects like materials and earth science and excludes chemistry and physics which are listed separately.)

The authors of the report note that nearly all women who study subjects such as pharmacology, business, economics, law or medicine will get a positive return on their degree. In addition, nursing and education have a positive median return and little variation in earnings, so studying one of those subjects also basically guarantees a positive return over a lifetime.

Although not shown directly in the table, the share of male students getting positive net returns is highest for engineering, maths, computing, medicine and economics. Law is associated with higher earnings on average, but there is also more variation in earnings. Less than half of those who study agriculture, physical sciences or english will see a positive return from their degree.

As you talk to people about degree choices, you will soon encounter a variety of popular myths. Let’s take a look at the accuracy of these.

Myth 1: Money can’t buy happiness so you might as well study what you love

There are actually some recent studies that show that having more money is associated with happiness [4]. That doesn’t mean that making a lot of money should be your sole motivation, many other factors need to be considered, yet given the high cost of living, choosing a career path that delivers an adequate income should be an important consideration.

Myth 2: Employers don’t really care about what you studied

"Employers employ people not degrees, the choice of degree doesn’t matter". This gets repeated a lot and is used as a justification for choosing whatever degree seems most interesting. Yet the data points to huge differences in lifetime earnings between different degrees which strongly suggests the choice of degree is very important. It is certainly true that employers do also look at the individual attributes of a candidate such as their personality, communication skills and motivation, but having the right degree is definitely important.

Myth 3: Any degree is valuable financially

Universities will often point to data showing that graduates earn more than individuals with only a high school or other lower level qualification. Yet statistics that simply compare averages or medians hide considerable variation. Graduates in areas like medicine, law and engineering increase the average hiding the fact that some degrees are associated with relatively poor earnings. In fact, many students who study poorly performing degrees would’ve been better off not going to university at all once the opportunity cost is considered. Opportunity cost refers to the lost income from foregone opportunities.

Myth 4: There is a general shortage of STEM graduates

It’s a long-standing myth that there is a general shortage of STEM (Science, Technology, Engineering and Maths) graduates. A basic economic principle is that when there is a shortage of something, the price goes up. This applies to commodities like cocoa, coffee, or even lettuce, in response to droughts, disease, or other types of crop failure. Other recent examples of prices spiking when supply can’t keep pace with demand are video game consoles (when a new console is released), graphics cards (during the crypto-mining boom), or even concert tickets (where scalpers resell tickets at extreme markups). In other words, if there is a genuine shortage price goes up, yet there is no evidence of a big increase of salaries for STEM graduates in recent decades.

Even for some supposedly hot areas like computer science, there is no evidence of a general shortage. There are many reasons why the skills shortage is exaggerated with one of the main ones being employers want to further boost the supply of graduates to crush wages. Related to this is their desire to lobby government to boost immigration in these areas. Universities are happy to take advantage of this narrative to boost STEM enrolments for revenue purposes.

Myth 5: Studying a degree in a certain area has a high chance of leading to a career in that area

An extremely common myth, encouraged by university marketing, is that studying a degree in a certain area will lead to a career in that area. That might be true for some degrees, but for others it is completely false. Jobs don’t really exist or exist only in very few numbers.

A case in point are some of the coursework conversion masters which are heavily marketed to international students. Students are led to believe that not only will they find a well-paid career in that area, but also that it will lead to citizenship. Yet nothing could be further from the truth. It’s not uncommon for a student to complete a generic bachelor’s degree in their home country and then enrol in a grandiosely titled degree like Master of Health Leadership and expect to find, despite having no relevant experience, a management position in a healthcare organisation. Hiring for healthcare management positions is based on predominantly on experience, nobody cares about that kind of degree. If you have the prerequisite experience, you don’t really need the degree. If you don’t have the experience, the degree won’t help.

Tip
Be sceptical of coursework master’s degrees. They may not have much value.

Myth 6: Enrol in a degree based on shiny new technology X. There will be huge numbers of jobs moving forward.

This myth normally takes the form "Enrol in a degree in AI, it’s the next big thing". Universities are just as eager as consulting firms and tech companies to take advantage of the latest bubble to make money.

At the time this book is being written the big bubble in the business world involves artificial intelligence (AI), data science, machine learning and related fields. Just to be clear, new jobs will be created in these areas and these technologies will have a big impact on human society, but the number of new entry level roles that will be created will in no way be sufficient for the huge numbers of students that are currently enrolled in relatively basic undergraduate degrees and coursework master’s degrees in these areas.

A similar bubble was the dot com bubble in the late 1990s. Obviously e-commerce has had a huge impact on society, but many firms in that era went bust, and many students that rushed to study IT and e-commerce ended graduating into a depressed job market and were never able to start a career in those fields. It took a long time for the IT job market to recover and wage growth never again matched the late 1990s. More recent overhyped fads that you may be familiar with include blockchain and non-fungible tokens (NFTs).

When it comes to international students, 90% are completing degrees in a tiny handful of closely related fields such as IT, computer science, AI, machine learning, data science, and business analytics. This is on top of all the domestic students. Many students are going to be disappointed because by following the hype they are going to be entering a job market that is incredibly oversupplied.

Everyone needs to do their own analysis about what to study, but it may be better to identify essential jobs that aren’t part of any overhyped sector.

Tip
Don’t be overly influenced by the latest fad or bubble.

Try before you buy

It is reasonably common for students to intend to major in a subject with no prior exposure. Every year students enrol in degrees like computer science or electrical engineering due to the perceived good career prospects, yet some of those students have never tried to write a computer program or design a simple circuit. By utilising some of the many free or low cost online courses, it is easier than ever to experience what a degree will be like. There is no reason not to try a subject first before enrolling.

If you enrol at university and find you don’t like the subject, it isn’t necessarily the worst thing in the world. Changing majors within a given bachelor’s degree like arts, science, or commerce, is often relatively straightforward. Moreover, degrees like engineering often have a common first year for all specialisations, which allows trying out various areas before making a final decision.

While changing majors within a degree is normally pretty easy, changing from one degree to another could be much harder, especially if the degree is in high demand. Only limited places may be available for transfer students. In addition, a high GPA in your current programme may be required before a change is possible. For students that have done poorly, this can shut the door on transferring in some cases. This is another reason to learn as much about a degree as possible before enrolling.

The job market can change rapidly and unexpectedly

Due to changes in economic conditions and government policy, the job market can change quickly. It’s common for students trying to decide on a degree to ask what the employment market will be in three or four years. Nobody knows that for certain. Some degrees like engineering that may offer relatively good prospects in the long term can be badly impacted by the business cycle. There are times when the government and private sector severely cut back spending on projects resulting in decreased hiring and mass layoffs. A good example of boom and bust is the mining industry. Students have flocked to degrees in mining, geology, and extractive metallurgy only to graduate to a weak job market. Be aware that the industry can be highly cyclical, over a career you might have to ride out many troughs. They are still good options for many students but consider possible downsides.

Nursing is a prime example of how changes to government policy can badly impact students. In New Zealand there was a highly publicised shortage of nurses and students flocked to nursing degrees. Then changes in government policy resulted in both cuts to health care spending and a boost to the supply of migrant nurses. As a consequence some graduating nurses were unable to find a position. In 2025 just 45% of midyear graduates were offered a hospital job [5]. In previous years, 80 - 90% of graduates were hired. This doesn’t mean crossing nursing off the list of potential degrees, as in the long term the job market is expected to be relatively good, simply that the market can change rapidly.

Tip
Be aware of a cyclical job market and that you might need to ride out troughs.

Technological change is another big factor that can impact the job market. Nobody can say for certain what the impact of artificial intelligence will be on the job market over the coming decades. Some jobs may be relatively safe, other areas are already seeing the impact on hiring.

Tip
Without being overly influenced by hype, take notice of technology trends and how they may impact the job market.

Investigate careers not just degrees

An important approach for choosing a degree is to investigate possible careers and then once the list is narrowed down work backwards to make a short list of degrees. University goes by relatively quickly as opposed to 40 or more years in the workforce. Too many students skip over considering careers and simply pick a degree that looks interesting. Neglecting the consideration of careers in favour of just looking at the degrees on offer is a big mistake.

This error of just picking the most interesting looking degree is related to the mistake of choosing a subject at university simply because you liked it or did well at it in school. This can lead students to study a degree like history, english literature, or theatre which while educational and interesting may not deliver the hoped for career outcome.

Tip
Consider careers before considering a degree.

Which degrees are most difficult?

Many students are curious about which degrees are most difficulty. Some want to avoid anything too difficult since they just want to get a degree with the least effort possible. Others are interested in how tough their degree is relative to their friend’s, or whether if they do choose a particular degree they will be able to handle it.

In reality comparing the difficulty of a degree isn’t that easy and a comprehensive analysis isn’t available. Especially not in the Australian and New Zealand context. In addition the difficulty of a given subject varies by university. Prestigious universities typically cover more material and have tougher assignments and exams than other universities. Studying at the top law school in Australia is going to be more challenging than at the bottom ranked school. Some universities may emphasise the theoretical aspects of a subject more than others. Even the relative difficulty of subjects can change from university to university.

There are different types of difficulty. For example there is conceptual difficulty meaning you can read a page ten times and still not understand it. Subjects like Maths or Physics are well known for their abstractness and the difficulty in grasping a concept. Alternatively there is difficulty that can arise from a high workload. No single concept is that difficult, but so much material is covered that it is extremely tough to keep up. Subjects like medicine, law and even architecture are thought to fall into this category.

If we ask students to rate the difficulty of their courses (units), many students will find a course somewhat challenging and will rate it highly for difficulty, yet someone doing an arts degree isn’t going to be rating science courses in any great quantities. It might therefore be harder to do comparisons between faculties like arts versus science.

We can also ask students to report how many hours they spend studying each week. Spending more time studying is also suggestive of a more difficult course. But also not perfect as students of different academic ability are limited to certain degrees based on their high school results. They also self-select into different courses based on how they perceive their own abilities. Someone who is not strong academically might spend a lot of time studying even though the course isn’t that difficult relative to others.

Unfortunately it is hard to find data from Australia or New Zealand regarding degree difficulty. Instead we use a number of data sources from the US and the UK aggregated in an attempt to give a rough estimate of the relative difficulty. This data should be somewhat applicable to Australia and New Zealand since the syllabuses of courses are similar across English speaking countries.

Data sources used
  • US data based on 3 million ratings of "college" courses over 20 years. Students rated the courses on a scale of 1 to 5 according to the difficulty in obtaining an "A" [6].

  • US data from Indiana University’s National Survey of Student Engagement on the average amount time spent in a week working on a course outside of formal contact hours. This includes studying, homework etc [7].

  • UK data on workload by subject category. Workload includes time tabled contact hours, independent study, plus time spent on fieldwork and placements [8].

In the US data there are some anomalies, for example those taking accounting rate the course as difficult, but then don’t invest the number of hours of study commensurate with that difficulty. This suggests that the difficulty rating may be somewhat inflated. There are some other subjects that have similar inconsistencies between rated difficulty and time invested. We attempt to adjust for these inconsistencies.

On the other hand a subject like psychology can be considered easy by most measures. In the UK academic experience survey it had the lowest amount of time invested per week out of all subjects at 26 hours per week. Similarly in the US data on course difficulty psychology is located at around the bottom quartile (75% of subjects are perceived as more difficult).

Obviously this data isn’t perfect and one could quibble over the exact ranking.

Table 4. Approximate difficulty of university subjects
I II III IV V

Communications

Agriculture

Accounting

Biomedical Engineering

Actuarial Science

Creative Writing

Anthropology

Finance

Chemical Engineering

Aerospace Engineering

Criminology

Classics

Fine Arts

Civil Engineering

Anatomy

Dance

Construction

Food Science

Computer Engineering

Architecture

Early Childhood Education

Counselling

Information Technology

Computer Science

Biology

Education

Design

Music

Ecology

Chemistry

English As A Second Language

English

Nursing

Economics

Dentistry

Entrepreneurship

Environmental Science

Speech Pathology

Industrial Engineering

Electrical Engineering

Gender Studies

Geography

Law

Genetics

Health Administration

Geology

Optometry

Materials Engineering

Health Science

Journalism

Pharmacy

Mathematics

History

Library Science

Statistics

Mechanical Engineering

Horticulture

Literature

Medicine

Human Resources

Marine Sciences

Molecular and Cellular Biology

Indigenous studies

Sign Language

Physics

International Business

Social Work

Physiology

Management

Urban planning

Veterinary Sciences

Management Information Systems

Zoology

Marketing

Philosophy

Political Science

Primary Education

Psychology

Public Health

Public Relations

Religion

Sociology

Special Education

Sport & Recreation

Sport Management

Theatre

Tourism

A general observation is that the more maths and/or equations are involved in a course the tougher it is going to be. Similarly professional degrees are normally tougher on average than non-professional degrees.

Note
Any course that involves a lot of maths and/or equations is usually going to be tough.

Double or conjoint degrees

Many universities offer the opportunity to complete two degrees simultaneously in less time than it takes to complete them separately. This is because the electives in one degree are used to complete the core units of another. Sometimes students think a double degree must be a huge workload compared to just completing a single degree, but mostly this isn’t true. Usually double degrees involve doing the standard number of courses per semester. Note that not all degree combinations are available as a double degree. Sometimes ambitious students want to hedge their bets and do something like law AND medicine, but as far as I know, those combinations aren’t offered by any university since medicine doesn’t have free electives.

A double degree often makes sense in situations like arts / commerce or similar combinations where both degrees have plenty of room for electives and a student wants to combine a subject of personal interest with another subject with good employment prospects.

On occasion, an overachieving student wants to do something like engineering / law when really they would be better picking just one area or the other. There aren’t many careers that truly need a degree in both. The University of Auckland used to offer this combination as a conjoint degree which took a massive seven years, but ceased offering it apparently due to low completion rates.

Tip
Don’t get overly ambitious when it comes to double/conjoint degrees. Combining two tough degrees is rarely a good idea and will increase your risk of burnout or dropping out completely. An extended period at university can quickly become soul sapping.

It may seem like a double degree will really put a graduate ahead of the pack in a competitive job market, but that isn’t necessarily the case. Employers frequently only care about the particular degree that they need, and any extra degree is irrelevant. Double degrees are sometimes heavily marketed by universities and made to look really desirable, but in reality, universities are motivated by the extra income. The actual experience of studying can quickly become punishing. For this reason, it can be better to just pick one degree and get it finished. If you then want to study something different, there are a range of graduate diplomas and other programmes available like a Master of Business Administration (MBA) or Juris Doctor (JD).

Tip
Double degrees can be a good option in some scenarios, but examine the costs and benefits carefully. One common strategy is combining an easier degree with one that is more challenging. That way, the workload in any given semester isn’t too tough.

Rules for Choosing a Degree

  • Investigate the job market thoroughly before starting a degree. Consider items like salary, lifestyle, and current and future job availability.

  • To the extent possible, fully understand the nature of potential careers the degree will lead to.

  • Research the content of a degree BEFORE starting so you know what’s involved. Is the degree too theoretical? Not theoretical enough?

  • Don’t weight career advice from academics or the university too highly. Sometimes they are uninformed about the job market, other times they want to boost enrolments as their jobs depend on it.

  • Some of the best sources of information for choosing a degree are accurate statistics around graduate career outcomes.

  • Beware of over-hyped degrees that are supposedly the next big thing. Students can flock to those degrees leading to an oversupply of graduates and a tough job market.

Summary

One of the primary factors when choosing a degree is that it should be something you genuinely wish to pursue. If you aren’t really interested in the career, then no amount of money will really make the job appealing. Of course, financial considerations are important too so shouldn’t be disregarded. Instead, try and identify a career that offers a good chance of a decent lifestyle, and aligns with your interests.

It’s common to underestimate how important choice of degree is, but it can have a huge impact on life’s trajectory. Rather than making a choice without adequate research, devote the amount of time that the decision deserves. If you later change your mind, it’s possible to switch degrees or do a post-graduate conversion course. On the other hand, it is better to make the right choice initially and not only avoid wasting money but also the risk of burnout.

Bibliography

[1] careers.govt.nz. Aug. 2025, [Online]. Available: https://www.careers.govt.nz/tools/compare-study-options/.

[3] J. Britton, L. Dearden, L. van der Erve, and B. Waltmann, “Undergraduate degrees: lifetime labour market returns.” https://www.gov.uk/government/publications/undergraduate-degrees-lifetime-labour-market-returns , 2020.

[4] M. A. Killingsworth, “Experienced well-being rises with income, even above $75,000 per year,” Proceedings of the National Academy of Sciences, vol. 118, no. 4, p. e2016976118, 2021.

[5] “Nursing students, graduates say they are being ’failed’ by Health NZ.” https://www.rnz.co.nz/news/national/568036/nursing-students-graduates-say-they-are-being-failed-by-health-nz .

[6] V. Novik, “The role of learning in returns to college major: evidence from 2.8 million reviews of 150,000 professors,” Available at SSRN 4275668, 2022.

[7] “Researchers have worked out which majors work the hardest in college.” https://archive.thetab.com/us/2017/02/06/ranked-majors-work-hardest-59673 .

[8] J. Neves, J. Freeman, R. Stephenson, and A. Rowan, Student academic experience survey 2025. Advance HE, 2025.