What major should I study to become a millionaire?
According to recent research by Spear's magazine and the consulting firm WealthInsight, millionaires around the world share a common trait: they all hold master's degrees.
The wealthiest individuals hold the highest percentage of MBA degrees at 12%. Those with engineering degrees rank second at 10.7%. Following closely behind are economics, business, and law.
Academic fields that directly train professionals rank highly in the list. Meanwhile, less than 1% of wealthy individuals pursue traditional subjects like chemistry, history, or biology.
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Studying for an MBA offers the highest chance of becoming a millionaire. |
In a press conference announcing the research results, WealthInsight director Oliver Williams stated that possessing a master's degree in fields related to numerology is a distinct advantage for wealthy individuals when accumulating wealth.
Besides MBA and business degrees, many other millionaires are now working in fields unrelated to their degrees. For example, most engineering graduates are now entrepreneurs instead of becoming actual engineers.
WealthInsight currently maintains a database containing information on over 100,000 wealthy individuals globally for research and analysis purposes.
The definition of a high net worth individual (HNWI) is someone with a net worth greater than $1 million (excluding the value of their registered home).
The top 10 in Spear's and WealthInsight's research are as follows:
1. Business Administration / MBA - 12.1%
2. Engineers - 10.7%
3. Economics - 8.2%
4. Business / BBA - 5.9%
5. Law - 4.7%
6. Accounting - 2.9%
7. Finance - 2.1%
8. Management - 2.0%
9. Trade - 1.9%
10. Computer Science 10 - 1.9%
According to Vietnamnet
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