Engineering Majors Hold 8 of Top 10 Highest Paid Majors
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|
|Mining & Minteral Engineering (incl. geological)||
|Electrical/Electronics & Communications Engineering||
|Information Sciences & Systems||
Related: Another Survey Shows Engineering Degree Results in the Highest Pay – S&P 500 CEO’s: Engineers Stay at the Top – The Software Developer Labor Market – Mathematicians 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).