(Video Credit: YouTube/hardeep singh)

A new study by McCrindle Research found out that psychology is the officially the most overrated degree in Australia, while the one considered most underrated, Surveying, could be wisest choice for students to choose.

According to News.com.au, McCrindle Research came to this conclusion by creating a survey amongst students. They found out through the survey that only about 63 per cent of graduates from psychology degree are working full time within their chosen field. The ones considered lucky had a starting salary of $47,500 which is just a little higher than the factory workers who earn $42,000.

In addition to this, the land of Down Under has been reportedly suffering from the problem of high rates of youth unemployment. Just more than a quarter of those whose ages fall between 17 and 24 is either not studying or do not have any full-time work. However, for those who took Surveying, 9 out of every 10 graduates are working full time within their chosen industries or fields. They are receiving a median salary of $52,000.

So will 2014 be a better year for Aussie graduates? A survey recruitment expert who works with Aspect Personnel, Adam Brown, stated that it could certainly mean a "boom" for graduates for this New Year. He admitted that 2013 was certainly rough, but everything is set to change this time around.

"There will be an urgent demand to fill holes in surveying staff and clients will prefer graduates to train and give more bang for their buck," Mr Brown added. A Surveying student, Bryce Campbell, has his hopes high that good money will come his way even if it is still not so much of a popular degree. He has just been completing his first year of the degree at the University of Newcastle.

When Mr Campbell was asked what he would do after graduating, he mentioned that he has not decided yet. Surveying though could mean seeing himself working with volcanoes, oceans, or even roads and mapping.

Nowlearning.com.au mentioned that the degrees included in the most popular degree programs in Australia also include Business and Management, Dentistry, Medicine, Pharmacy, Physiotherapy, Veterinary Science, Law and Criminal Justice, Environmental Science, Engineering and Education.