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Engineering Majors Hold 8 of Top 10 Highest Paid Majors

Mon, 02/08/2010 - 3:55am
Curious Cat Science and Engineering Blog

In August, employers responding to a NACE survey reported plans to trim their college hiring, hiring 7% for 2010 graduates from 2009. In addition, just 29% of those employers said they would increase their starting salary offers for the Class of 2010.

Most, but not all majors, experienced salary decreases. In fact, as a group, graduates with computer-related degrees (computer programming, computer science, computer systems analysis, and information sciences/systems) posted a 6.1% increase – the highest increase reported, which pushed their average up from $56,128 to $59,570. Among those earning a computer science degree, the average rose 4.8% to $61,205.

As a whole, engineering graduates also fared well. Their average salary offer as a group is up by 1.2% to $59,245. Although that increase is modest, engineering majors account for eight of 10 top-paid bachelor’s degrees in the Winter 2010 Salary Survey.

Major Average Salary Offer
Petroleum Engineering

$86,220

Chemical Engineering

$65,142

Mining & Minteral Engineering (incl. geological)

$64,552

Computer Science

$61,205

Computer Engineering

$60,879

Electrical/Electronics & Communications Engineering

$59,074

Mechanical Engineering

$58,392

Industrial/Manufacturing Engineering

$57,734

Aerospace/Aeronautical/Astronautical Engineering

$57,231

Information Sciences & Systems

$54,038

Related: Another Survey Shows Engineering Degree Results in the Highest PayS&P 500 CEO’s: Engineers Stay at the TopThe Software Developer Labor MarketMathematicians Top List of Best Occupations

They didn’t make the “top-paid degrees list,” but civil engineering posted the largest increase among the engineering disciplines. Their average offer rose 3.6% to $52,605. Electrical engineering graduates also posted a healthy increase – 2.9% – raising their average salary offer to $59,074.

Chemical engineering grads earned the second highest salary offer in this report – $65,142 – but that average is actually down compared to last year, albeit by less than 1%.

Full press release on the salary survey from National Association of Colleges and Employers (NACE).

SOURCE

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