Breaking News
Top Paid Majors Among College Class of 2010

Top Paid Majors Among College Class of 2010

Which college majors command the highest starting salaries?

Engineering majors dominate the list of top-paid bachelor’s degrees, according to a new report from the National Association of Colleges and Employers (NACE).

NACE’s Winter 2010 Salary Survey shows that engineering disciplines account for eight of the 10 most highly paid degrees.

The only non-engineering related degrees in the top 10 were computer science and information sciences and systems. (See Figure 1.)

Petroleum engineering earned the highest starting salary reported at the bachelor’s degree level—$86,220—more than one-and-one-half times the average starting salary reported for bachelor’s degree graduates as a whole ($48,351).

“While a variety of factors play a role in determining salaries, new graduates with degrees in the technical fields tend to benefit from their relatively low supply. There is more competition for their skills, driving up their salary offers,” says Marilyn Mackes, NACE executive director.

For example, petroleum engineering degrees account for less than 1 percent of all bachelor’s degrees conferred.

“Not every case is that extreme, but, in general, candidates with technical degrees have an advantage in the job market,” says Mackes.

NACE will provide a second look at salaries for the Class of 2010 in April with the release of the Spring 2010 Salary Survey.

Figure 1: Top-Paid Bachelor’s Degrees

Major Average Salary Offer
Petroleum Engineering $86,220
Chemical Engineering $65,142
Mining & Mineral 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
Source: Winter 2010 Salary Survey, National Association of Colleges and Employers. Data represent offers to bachelor’s degree candidates where 10 or more offers were reported.

 

In addition, NACE will provide monthly updates on hiring/recruiting activity through the NACE Index (reported on www.naceweb.org), and will do a final update on employer hiring projections for the Class of 2010 with the Job Outlook 2010 Spring Update survey, scheduled for release in April.

About Salary Survey: Salary Survey is a quarterly report of starting salary offers to new college graduates in 70 disciplines at the bachelor’s degree level. The survey compiles data from college and university career services offices nationwide. Salary Survey is issued in Winter, Spring, Summer, and Fall, with the Fall issue serving as the year-end report.

About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org.

About ResumeBear

Manage your Professional Brand with ResumeBear's New Career Tools! Track Down the Job of your Dreams using our New Online Resume Builder, Free Resume Delivery, Real Time Resume Tracking and our all NEW Job Matching !

9 comments

  1. Hello!, I am visiting your site yet again to see more of your updates. I found this really interesting and felt compelled to comment a little thank you for all your effort. Please continue the great work your doing!

  2. Informative article but its hard to believe that petroleum engineering is ahead of computer engineering in terms of salary offered to gradutes. I think bust of dot com bubble is near.

    • All science maorjs except one which can fall into arts or science. How about creating a list that sheds some hope for arts maorjs like me.

  3. Great information for students to have when making major and career choices. It is very disappointing to find out they went to college for 4 years, and upon graduation cannot find a job.

  4. Nice article and its good to see that after the recession things are going the way it should be, though we are not out of the recession yet but lets hope to see brighter futures

  5. This is good info but people also need to take into account whether they can get a job after they graduate. You can’t collect the salary if you’re not actually employed.

  6. I enjoyed reading about college majors. I hope you will continue to post content for college graduates. A Degree does not always = job, especially in this economic climate. I heard you were adding a job board to your new site, is that true? How can I get a beta invite that is mentioned on the home page of resumebear.com?

  1. Pingback: Tweets that mention Video | Resumebear -- Topsy.com

  2. Pingback: Most Tweeted Articles by Recruitment Experts

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv badge