SALARY SURVEY. A study of beginning offers
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- Lily Potter
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1 A study of beginning offers SALARY SURVEY WINTER 2010 Volume 49 Issue 1 62 Highland Avenue Bethlehem, PA / First Look Shows Salary Offers Down for Class of 2010 Average salary offers to new college graduates in the Class of 2010 have dipped slightly compared to salaries reported a year ago. Currently, the overall average offer to a bachelor s degree graduate is $48,351, down 2 percent from the average offer of $49,353 made to Class of 2009 bachelor s degree graduates. The dip reflects the decreased demand for new grads, which was projected by employers back in August. At that time, employers responding to the Job Outlook 2010 Fall Preview survey reported plans to decrease their college hires by about 7 percent. Moreover, only 29.2 percent of those respondents reported plans to increase average salaries to Class of 2010 graduates. In fact, although there is no direct correlation, the total number of offers reported is down 29 percent compared to last year s Winter report, despite the fact that the same number of schools provided data. Consequently, the overall 2 percent drop is no surprise. However, it is important to note that not all disciplines saw a decrease in their average offer. Salaries to business majors did fall some. As a group, business majors saw their average offer fall 1 percent from $47,641 to 47,187. Offers to individual business majors followed a similar pattern. The average offer to accounting graduates now stands at $47,982, down 0.7 percent, despite the fact that accounting ranks among the most sought-after degrees at the bachelor s level. (See Figure 1.) Business administration/management graduates experienced a decrease to their average salary offer, which dropped by 1.5 percent to $45,200. However, there is some positive news for this group. In both last year and this year s Winter Salary Survey reports, retail/wholesale firms accounted for the largest number of offers to these graduates; this year, retail/wholesale firms offered these graduates an average offer of $40,235, up 1.1 percent from $39,778 last year at this time. While finance graduates topped the list of majors in demand for Class of 2010 graduates, their average salary offer shows a minor decrease of 0.4 percent to $49,607. Investment banks were the employers most interested in these graduates, and extended offers that averaged $57,263. The average salary offer to marketing graduates slipped by 1.9 percent to $42,499. They garnered interest from retail/wholesale employers, who offered them an average of $48,171. Coming out on top in this report are graduates with computer-related degrees (computer programming, computer science, computer systems analysis, and information sciences/systems). As a group, these graduates posted a 6.1 percent increase to their average salary offers, up from $56,128 to $59,570. In comparison, Figure 1: Top Bachelor s Degrees in Demand* Finance Accounting Mechanical Engineering Business Administration/Mgmt. Electrical Engineering Computer Science Information Sciences & Systems Marketing/Marketing Mgmt. Computer Engineering Chemical Engineering Management Information Systems *Source: Job Outlook 2010, continued on page 22
2 ABOUT THE SURVEY All 2010 issues of Salary Survey will report on salary offers extended to students graduating between September 1, 2009, and August 31, The Winter 2010 Salary Survey contains information received during the period of September 1, 2009, through January 15, In November, 2009, Salary Survey participants received reporting packets that prepared them to report data for all 2010 issues of Salary Survey. Schools that participated in the Spring report submitted their data to NACE by January 15, 2010, and are listed on the back cover of the report. Schools were required to report the student s major, degree level, salary offer and graduation date. They had the option of reporting the student s gender, job location, employer type that extended the offer, and the job function. To participate in Salary Survey, please contact Andrea Koncz at , ext. 121, or akoncz@naceweb.org. HOW TO USE SALARY SURVEY Employers may use Salary Survey as a guide for determining salaries for new college hires. It may also be used as a tool for comparing current salaries to the national averages, or to the salaries that similar employers are offering. Colleges may use Salary Survey to counsel students regarding salaries they may have been offered, or to benchmark the salaries that their institution s own students are receiving against national averages. Salary Survey offers averages as well as percentiles, so it is recommended that decisions are based upon as many data points as possible. Also, it is recommended that all sections of the report be used. Job location reports are also available for purchase by employers having multiple locations. For example, these reports allow for comparing salaries in New York to those in Los Angeles. And for reports on salaries based only on target schools, Key School reports may be purchased. Key School reports give the averages by discipline (in aggregate) based upon a group of schools (minimum of six schools). SCOPE AND NATURE OF THE SURVEY Salary Survey compiles data from career planning and placement offices of colleges and universities across the United States. The reports consist of starting salary offers made to new graduates by employing organizations in business, industry, government, and by nonprofit and educational institutions. The figures reported are for base salaries only and do not include bonuses, fringe benefits, or overtime rates. Confidentiality is maintained for the individual, the college, and the employer. The number of offers reported in each report is cumulative from the previous September. The offers reported in Salary Survey are a sample of actual job offers made to new college graduates during the recruiting year and do not imply all job offers made to all college graduates. Salary Survey reports offers, not acceptances. It does not distinguish between single and multiple offers to individual students and, consequently, offers in the study cannot be equated with actual hires. Also, in as much as the ratio of offers to hires is partially a function of the economic climate, year-to-year ratio comparisons based on Survey data would be invalid. In those categories where offers are relatively few, the data should be regarded only as indicative. Salary Survey is available only to members of the National Association of Colleges and Employers and to Salary Survey subscribers, and is intended for their professional use. Salary Survey (ISSN ) is published 4 times a year in February, April, July, and September by the National Association of Colleges and Employers, 62 Highland Ave., Bethlehem, PA Employment Information Manager: Andrea Koncz Editorial: Mimi Collins Design: Karen Y. Berger 2 Salary Survey / Winter 2010
3 TABLE OF CONTENTS Average Yearly Salary Offers Bachelor's Degree Candidates By Curriculum for all Types of Employers...4 By Functional Area for all Types of Employers...6 By Curriculum and Employer...8 Summary by Employer...12 Bachelor's Degree Candidates By Curriculum and Job Function...14 Summary by Job Function...18 Master's Degree Candidates by Curriculum...20 Doctoral Degree Candidates by Curriculum NACE Salary Survey Participants...24 HOW TO READ SALARY SURVEY By Curriculum for All Types of Employers This section shows an overall average salary offer according to the student s major field of study, with no regard to the type of position offered or the type of employer extending the offer. Refer to this section when you want to know the average starting salary offer for a graduate holding a degree in a specific discipline, such as accounting, computer science, mechanical engineering, etc. By Functional Area for All Types of Employers This section shows an overall average salary offer according to the job function offered to the candidate, with no regard to the degree held or the type of employer extending the offer. Refer to this section when you are looking for the average starting salary offer for a particular job function, such as sales, computer programming, process engineering, etc. Starting Salary Offers to All Candidates by Curriculum and Employer This section shows data first by looking at the type of degree held by the student, then according to the type of employer who extended the offer. Refer to this section when you are looking for the average starting salary offer from a specific type of employer to a graduate holding a specific type of degree. For example, use this section to find out the average salary offer consulting firms made to electrical engineering graduates. Data in this section are listed as follows: Bold headings are the curriculum areas which follow the order shown on pages 4 and 5. Employer types under each curriculum are categorized according to the sector of the economy they fall under with service employers being listed first, followed by manufacturing employers, then by nonprofit/ government employers. Starting Salary Offers to All Candidates by Curriculum and Job Function This section shows data first by looking at the type of degree held by the student, then according to the job function that was offered. Refer to this section when you need information about the average salary offer to a graduate holding a specific type of degree for a specific job function. For example, use this section to find out the average starting salary offer to MIS graduates performing systems analysis work. Data in this section are listed as follows: Bold headings represent the curriculum areas which follow the order shown on pages 4 and 5. Job functions under each curriculum are listed in the order which they appear on pages 6 and 7. Number of Offers Reported When referring to Salary Survey it is important to consider the number of offers that each average salary represents. Averages with a low number of offers should be viewed with caution. Areas typically containing a low number of offers at the Bachelor s Degree level are Communications Majors, Health Sciences Majors, Home Economics Majors, and Humanities & Social Sciences (Liberal Arts) Majors. The number of offers reported can be low for a variety of reasons. In some instances, the number of degrees awarded to a particular major is low thereby making data scarce for the group. In addition, because Salary Survey reports up-to-the-minute salary offers (e.g. those being extended to the current graduating class), those majors that typically don t find employment until after graduation may not be represented in the report. Furthermore, other graduates such as teachers and healthcare workers have more of a direct path to a job, so they are less likely to be involved in the campus recruiting program, and thereby less likely to report their salary offers. Salary Survey / Winter
4 AVERAGE YEARLY SALARY Bachelor s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From By Curriculum For All Types January January January January Percentiles Of Employers th 50th 75th AGRICULTURE & NATURAL RESOURCES MAJORS Agricultural Business & Management 9 $41,093 $40,675 * * * * * Animal Sciences 4 28,250 31,349 * * * * * Conservation/Renewable Natural Resources 3 35,667 40,286 * * * * * Plant Sciences 6 36,287 39,088 * * * * * Other Agricultural Sciences 1 15,000 34,136 * * * * * BUSINESS MAJORS Accounting ,982 48, % $45,000 $48,500 $53,000 Actuarial Science ,800 * * * * * Business Administration/Management 79 45,200 45, ,000 45,000 54,000 Business Systems Networking/Telecommunications 4 50,250 52,500 * * * * * Economics (Business/Managerial) 32 52,909 50, ,000 55,000 65,000 Finance ,607 49, ,500 50,000 57,000 Hospitality Services Management (incl. hotel/motel/restaurant mgmt.) 6 30,917 33,548 * * * * * Human Resources (incl. labor/industrial relations) 4 35,125 44,144 * * * * * International Business 18 46,621 34,750 * * * * * Logistics/Materials Management 49 49,405 49, ,000 50,255 54,000 Management Information Systems/Business Data Processing 33 47,899 52, ,000 50,000 55,000 Marketing/Marketing Mgmt. (incl. mktg. research) ,499 43, ,250 42,000 50,000 COMMUNICATIONS MAJORS Advertising 2 23,750 30,000 * * * * * Broadcast Journalism 1 50,000 34,000 * * * * * Communications 18 32,193 34,129 * * * * * Journalism 4 45,000 36,333 * * * * * Public Relations/Organizational Communications 7 36,286 24,000 * * * * * COMPUTER SCIENCES MAJORS Computer Programming + + N/A * * * * * Computer Science 44 61,205 58, ,500 60,000 68,000 Computer Systems Analysis ,500 * * * * * Information Sciences & Systems 13 54,038 49,167 * * * * * EDUCATION MAJORS 1 Elementary Teacher Education 23 29,718 35, ,800 26,000 35,000 Physical Education Teaching/Coaching 3 25,033 32,758 * * * * * Pre-Elementary Teacher Education 6 26,167 32,617 * * * * * Secondary Education 10 37,439 40,045 * * * * * Special Education 1 40,000 36,577 * * * * * Specific Academic/Vocational Teacher Education 1 17,160 29,097 * * * * * ENGINEERING MAJORS Aerospace/Aeronautical/Astronautical Engineering 12 57,231 56,275 * * * * * Agricultural Engineering 2 60,000 58,636 * * * * * Architectural Engineering 1 41,000 36,767 * * * * * Bioengineering & Biomedical Engineering 4 62,125 75,500 * * * * * Chemical Engineering 50 65,142 65, ,000 66,000 70,000 Civil Engineering 55 52,605 50, ,000 53,000 57,500 Computer Engineering 24 60,879 59, ,000 60,200 70,000 Electrical/Electronics & Communications Engineering 79 59,074 57, ,000 60,000 64,000 N/A - No historic data available. 1 Further information on starting salaries for education majors is available from AAEE. 4 Salary Survey / Winter No offers reported. ** Not computed if number of offers is fewer than 20 for current or previous year. Continued... No part of this publication may be used, adapted, or reproduced in any manner without written permission.
5 AVERAGE YEARLY SALARY Bachelor s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From By Curriculum For All Types January January January January Percentiles Of Employers th 50th 75th Continued... Engineering Technology 14 $50,643 $58,661 * * * * * Environmental/Environmental Health Engineering 2 63,500 45,000 * * * * * Industrial Production Technologies 6 41,333 45,000 * * * * * Industrial/Manufacturing Engineering 36 57,734 59, % $53,000 $58,000 $60,360 Materials Engineering 4 59,125 53,344 * * * * * Mechanical Engineering ,392 58, ,565 58,000 63,000 Metallurgical Engineering (incl. ceramic science/eng.) 4 58,250 55,213 * * * * * Mining & Mineral Engineering (incl. geological) 10 64,552 67,600 * * * * * Nuclear Engineering (incl. engineering physics) ,650 * * * * * Ocean Engineering ,500 * * * * * Petroleum Engineering 16 86,220 81,589 * * * * * Systems Engineering 6 56,958 56,038 * * * * * Textile Sciences & Engineering + + N/A * * * * * HEALTH SCIENCES MAJORS Health & Related Sciences 17 30,522 45,995 * * * * * Nursing 36 47,217 46, ,000 48,000 49,500 HOME ECONOMICS MAJORS Clothing/Apparel/Textile Studies (incl. textile science) 4 37,863 45,120 * * * * * Home Economics 3 30,579 20,827 * * * * * HUMANITIES & SOCIAL SCIENCES MAJORS Criminal Justice & Corrections 2 19,300 42,750 * * * * * English Language & Literature/Letters 9 28,430 33,284 * * * * * Foreign Languages & Literatures 4 34,770 35,783 * * * * * History 9 44,613 37,786 * * * * * Liberal Arts & Sciences/General Studies 40 34,996 61,000 * * 26,000 32,000 40,000 Political Science/Government 17 33,297 36,745 * * * * * Psychology 31 29,749 35, ,800 28,000 34,000 Social Work 4 24,270 30,025 * * * * * Sociology 13 29,031 34,319 * * * * * Visual & Performing Arts 7 28,711 37,545 * * * * * Other Humanities 3 27,500 35,000 * * * * * Other Social Sciences 8 38,056 30,486 * * * * * PARKS, RECREATION, LEISURE & FITNESS MAJORS Parks/Recreation, Leisure/Fitness Studies & Related Programs 1 17,500 32,116 * * * * * SCIENCES MAJORS Architecture & Related Programs 3 41,747 31,160 * * * * * Biological Sciences/Life Sciences 24 28,664 29, ,760 25,000 35,000 Chemistry 6 29,333 44,800 * * * * * Construction Science/Management 31 50,925 52, ,680 49,400 51,500 Environmental Sciences/Studies 4 37,750 36,736 * * * * * Geological & Related Sciences 2 43,000 55,092 * * * * * Mathematics (incl. statistics) 12 43,161 45,853 * * * * * Physics 1 34,900 62,067 * * * * * Other Physical Sciences 1 59,500 20,800 * * * * * 1,558 N/A - No historic data available. 1 Further information on starting salaries for education majors is available from AAEE. + No offers reported. * * Not computed if number of offers is fewer than 20 for current or previous year. No part of this publication may be used, adapted, or reproduced in any manner without written permission. Salary Survey / Winter
6 AVERAGE YEARLY SALARY Bachelor s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From By Functional Area For All January January January January Percentiles Types Of Employers th 50th 75th COMMUNICATIONS Design/Graphic Arts + + $24,667 * * * * * Media Planning 1 $45,000 N/A * * * * * Production (Communications) 1 65,000 N/A * * * * * Public Relations 3 39,000 37,000 * * * * * Reporting 3 28,667 N/A * * * * * Writing/Editing 3 38,667 N/A * * * * * COMPUTERS Computer Programming 11 59,582 50,100 * * * * * Network Administration 5 48,400 45,000 * * * * * Systems Analysis & Design 13 51,115 50,904 * * * * * Technical/Computer Support 3 46,900 54,600 * * * * * Other Computer Related (NEC) 13 52,166 55,000 * * * * * ENGINEERING Bioengineering 1 50,000 37,000 * * * * * Design/Construction Engineering 30 55,531 53,830 * * $47,500 $54,500 $60,000 Environmental/Sanitation Engineering 2 50,250 59,480 * * * * * Field Engineering 23 56,946 61, % 50,400 55,000 62,000 Hardware Design & Development 2 56,012 56,962 * * * * * Industrial Hygiene/Occupational Safety Engineering + + N/A * * * * * Manufacturing/Industrial Engineering 20 60,220 59, ,000 59,500 64,000 Power Systems Engineering 9 61,410 54,104 * * * * * Process Engineering (Chemical) 18 66,445 64,839 * * * * * Production Engineering 16 65,008 68,340 * * * * * Project Engineering 26 59,477 57, ,000 59,000 65,000 Quality Control Engineering 7 43,300 52,560 * * * * * Research & Development Engineering 12 54,378 51,834 * * * * * Software Design & Development 25 70,569 59, ,036 69,888 80,000 Systems/Programming Engineering 8 59,063 55,003 * * * * * Testing Engineering 7 57,503 62,474 * * * * * Other Engineering (NEC) 99 64,404 57, ,000 61,000 70,000 FINANCE Accounting (Private) 47 46,937 47, ,000 48,000 53,000 Accounting (Public) 38 48,722 46, ,000 48,000 52,000 Auditing (Private) 13 46,885 46,235 * * * * * Auditing (Public) 18 50,056 48,089 * * * * * Commercial Banking (Consumer) 9 33,642 27,285 * * * * * Commercial Banking (Lending) 6 29,033 37,481 * * * * * Financial/Treasury Analysis 67 52,975 49, ,000 53,000 57,000 Insurance (Claims) 5 37,100 41,000 * * * * * Insurance (Underwriting) 1 55,000 34,460 * * * * * Investment Banking (Corporate Finance) 22 53,483 52,158 * * 48,000 55,000 55,000 Investment Banking (Mergers & Acquis.) + + N/A * * * * * Investment Banking (Real Estate) ,500 * * * * * Investment Banking (Sales & Trading) 19 62,105 57,056 * * * * * Portfolio Management/Brokerage 4 45,000 41,333 * * * * * HEALTHCARE Administrative (Healthcare) 1 25,000 48,547 * * * * * Dietitian + + N/A * * * * * Medical Technology 2 41,000 70,000 * * * * * Occupational Therapy + + N/A * * * * * Pharmacist 1 24,000 N/A * * * * * Physical Therapy 2 18,480 85,000 * * * * * Radiation Therapy + + N/A * * * * * Registered Nurse 37 47,509 44, ,000 48,000 49,500 Respiratory Therapy ,667 * * * * * Speech Pathology/Audiology 1 52,000 N/A * * * * * Other Health Related (NEC) 9 25,794 33,090 * * * * * N/A - No historic data available. + No offers reported. ** Not computed if number of offers is fewer than 20 for current or previous year. Continued... 6 Salary Survey / Winter 2010
7 AVERAGE YEARLY SALARY Bachelor s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From By Functional Area For All January January January January Percentiles Types Of Employers th 50th 75th Continued... MARKETING Advertising 5 $39,800 $39,293 * * * * * Brand/Product Management 6 50,383 46,533 * * * * * Buyer/Merchandising 12 46,292 43,908 * * * * * Customer Service 17 33,150 37,417 * * * * * Distribution 15 44,859 48,900 * * * * * Market Research 8 46,125 39,571 * * * * * Purchasing 2 34,063 46,500 * * * * * Sales 71 43,538 42, % $32,000 $43,000 $50,000 PUBLIC ADMINISTRATION Executive, Legislative & General 1 74,000 N/A * * * * * Finance, Taxation, Monetary Policy 7 31,504 46,375 * * * * * Law Enforcement 3 36,667 48,125 * * * * * Military 7 44,087 37,400 * * * * * National Security ,568 * * * * * Urban/Regional Planning + + N/A * * * * * SOCIAL SERVICES Administration (Social Services) 11 29,161 38,624 * * * * * Counseling ,738 * * * * * Fundraising/Development ,000 * * * * * Social Work 5 37,860 23,000 * * * * * OTHER FUNCTIONAL CATEGORIES Actuarial 3 45,333 55,125 * * * * * Agricultural/Natural Resources 1 45,000 39,333 * * * * * Architecture 1 65,000 33,280 * * * * * Consulting 25 57,492 55, ,000 60,000 65,000 Human Resources/Industrial Relations 7 31,013 42,978 * * * * * Management Trainee (Entry-Level Mgmt.) 60 42,367 41, ,000 40,000 46,400 Mathematician/Statistician 1 42,000 63,000 * * * * * Paralegal 8 29,537 N/A * * * * * Performing Arts/Entertainment 2 19,900 30,833 * * * * * Religious Occupation 2 27,000 N/A * * * * * Research (Nontechnical) 4 30,550 30,000 * * * * * Research (Technical/Scientific) 12 32,520 38,280 * * * * * Teaching 40 32,689 33, ,000 33,000 40, Bachelor's Degree Candidates Total Offers = 1,558 Business 41.5 % PROPORTION OF BY CURRICULAR AREA 21.0 % Master's Degree Candidates-Inexperienced Total Offers = 95 Business Communications 2.0 % 0.0% Communications Education & Home Economics 3.3 % 7.4% Education Humanities & Social Sciences 9.4 % 4.2 % Humanities & Social Sciences Engineering 29.8% 52.6 % Engineering Agricultural & Natural Resources 1.5 % Computer Sciences 3.6 % 2.1 % Computer Science Health Sciences & Parks/Rec/Fitness Studies 3.5 % 1.1% Health Sciences Sciences 5.4 % 11.6 % Sciences N/A - No historic data available. + No offers reported. ** Not computed if number of offers is fewer than 20 for current or previous year. Salary Survey / Winter
8 CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH Bachelor s Degree Candidates By Curriculum And Employer CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH CURRICULUM/EMPLOYER OF AVERAGE 25TH 75TH AGRICULTURE & NATURAL RESOURCES MAJORS Agricultural Business & Management M Agriculture, Forestry, Fishing, Hunting 2 $43,500 * * S Insurance 1 40,000 * * Retail/Wholesale Trade 1 43,000 * * Transportation Services 1 22,500 * * Animal Sciences N Educational Services 2 36,000 * * Conservation/Renewable Natural Resources M Metals & Metal Products 1 45,000 * * N Educational Services 1 28,000 * * Government (State& Local) 1 34,000 * * Plant Sciences N Healthcare Services (Nonprofit) 1 31,200 * * BUSINESS MAJORS Accounting M Aerospace 1 42,000 * * Agriculture, Forestry, Fishing, Hunting 1 30,000 * * Chemicals (Basic) 2 55,000 * * Household & Personal Care Products 1 45,000 * * Machinery Manufacturing 1 52,000 * * Medical Equipment & Supplies Mfg. 2 41,500 * * Other Manufacturing Employers (NEC) 3 41,500 * * N Educational Services 2 19,750 * * Government (Federal) 5 39,923 * * Government (State& Local) 3 45,848 * * S Accounting Services 82 48,732 $47,000 $52,000 Banking (Investment) 6 62,500 * * Computer Systems Design/Consulting/ Programming 1 42,500 * * Consulting Services 6 52,167 * * Financial Services 12 44,042 * * Insurance 2 51,000 * * Rental & Leasing Services 1 35,000 * * Retail/Wholesale Trade 5 41,640 * * Business Administration/Management M Household & Personal Care Products 1 60,000 * * Machinery Manufacturing 1 45,000 * * Petroleum & Coal Products 1 97,000 * * Plastics & Rubber Products 1 65,000 * * Transportation Equipment Mfg. 1 51,000 * * N Educational Services 2 43,250 * * Government (Federal) 1 45,000 * * Religious/Grantmaking/Civic/Professional Orgs. 1 30,000 * * S Accounting Services 4 53,000 * * Banking (Commercial) 2 25,400 * * Banking (Investment) 3 65,000 * * Communications (Broadcasting/ Telecommunications) 1 39,000 * * Computer Systems Design/Consulting/ Programming 1 40,000 * * Consulting Services 3 60,000 * * Financial Services 2 55,000 * * Insurance 4 45,469 * * Legal Services 2 32,500 * * Rental & Leasing Services 1 30,000 * * Retail/Wholesale Trade 15 40,235 * * Transportation Services 2 52,500 * * 8 Salary Survey / Winter 2010 CURRICULUM/EMPLOYER OF AVERAGE 25TH 75TH Economics (Business/Managerial) M Food, Beverage, & Tobacco 1 $52,000 * * Petroleum & Coal Products 1 56,400 * * N Educational Services 3 31,500 * * Religious/Grantmaking/Civic/Professional Orgs. 1 22,000 * * S Accounting Services 1 52,000 * * Banking (Commercial) 1 60,000 * * Banking (Investment) 6 60,000 * * Consulting Services 7 63,000 * * Financial Services 2 30,000 * * Retail/Wholesale Trade 1 55,000 * * Finance M Aerospace 1 52,000 * * Building, Developing, General Contracting 1 45,000 * * Household & Personal Care Products 2 45,000 * * Machinery Manufacturing 1 52,000 * * Petroleum & Coal Products 2 52,750 * * Pharmaceuticals & Medicine Mfg. 1 57,000 * * Other Manufacturing Employers (NEC) 1 52,500 * * N Educational Services 1 22,000 * * Government (Federal) 6 43,190 * * Government (State& Local) 2 29,500 * * Social Assistance 1 50,000 * * S Accommodation/Food Services 2 28,500 * * Accounting Services 6 53,667 * * Architectural Services 1 40,000 * * Banking (Commercial) 9 55,056 * * Banking (Investment) 19 57,263 * * Consulting Services 5 60,000 * * Engineering Services 1 45,500 * * Financial Services 18 46,944 * * Insurance 4 49,780 * * Real Estate 1 72,000 * * Retail/Wholesale Trade 6 38,300 * * Transportation Services 2 43,500 * * Other Service Employers (NEC) 1 46,000 * * Hospitality Services Management (incl. hotel/motel/restaurant mgmt.) N Government (State& Local) 1 30,000 * * S Accommodation/Food Services 4 31,875 * * Other Service Employers (NEC) 1 28,000 * * Human Resources (incl. labor/industrial relations) M Food, Beverage, & Tobacco 1 54,000 * * N Educational Services 1 29,500 * * International Business S Employment Services 1 60,000 * * Insurance 1 30,000 * * Retail/Wholesale Trade 1 70,000 * * Other Service Employers (NEC) 1 50,000 * * Logistics/Materials Management M Aerospace 1 50,255 * * Food, Beverage, & Tobacco 4 51,452 * * Machinery Manufacturing 1 50,000 * * Petroleum & Coal Products 1 35,000 * * Pharmaceuticals & Medicine Mfg. 2 55,000 * * Transportation Equipment Mfg. 2 52,000 * * Other Manufacturing Employers (NEC) 3 49,933 * * S Accounting Services 10 52,000 * * Consulting Services 2 50,000 * * Retail/Wholesale Trade 6 45,000 * * Transportation Services 2 39,000 * * M = Manufacturing Employers; N = Nonprofit Employers; S = Service Employers
9 CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH Management Information Systems/Business Data Processing M Food, Beverage, & Tobacco 1 $42,000 * * Machinery Manufacturing 1 60,000 * * Printing 1 37,500 * * Transportation Equipment Mfg. 2 55,000 * * N Educational Services 1 42,000 * * Government (State& Local) 2 41,550 * * S Accounting Services 4 52,175 * * Banking (Investment) 1 58,000 * * Computer Systems Design/Consulting/ Programming 1 47,500 * * Consulting Services 2 49,500 * * Insurance 1 55,000 * * Retail/Wholesale Trade 2 45,000 * * Scientific Research & Development 1 55,000 * * Transportation Services 1 50,000 * * Marketing/Marketing Mgmt. (incl. mktg. research) M Computer & Electronic Products Manufacturing 1 50,000 * * Food, Beverage, & Tobacco 5 50,600 * * Household & Personal Care Products 9 52,778 * * Medical Equipment & Supplies Mfg. 2 47,500 * * Petroleum & Coal Products 1 37,500 * * Pharmaceuticals & Medicine Mfg. 2 58,400 * * Printing 2 33,250 * * Textiles & Apparel 1 35,000 * * Transportation Equipment Mfg. 2 50,500 * * Other Manufacturing Employers (NEC) 3 37,167 * * N Educational Services 1 41,500 * * Government (Federal) 1 30,000 * * Healthcare Services (Nonprofit) 1 34,000 * * Religious/Grantmaking/Civic/Professional Orgs. 2 31,000 * * Other Nonprofit Employers (NEC) 1 28,000 * * S Accounting Services 2 44,000 * * Advertising 2 33,000 * * Arts, Entertainment, Recreation 1 27,000 * * Banking (Commercial) 4 31,245 * * Communications (Broadcasting/ Telecommunications) 1 38,000 * * Consulting Services 2 43,000 * * Financial Services 2 29,000 * * Insurance 3 34,667 * * Real Estate 2 35,000 * * Rental & Leasing Services 1 30,000 * * Retail/Wholesale Trade 21 48,171 $40,600 $45,000 Transportation Services 2 49,000 * * Other Service Employers (NEC) 1 30,000 * * COMMUNICATIONS MAJORS Advertising S Transportation Services 1 17,500 * * Broadcast Journalism M Household & Personal Care Products 1 50,000 * * Communications M Building, Developing, General Contracting 1 30,000 * * N Educational Services 1 32,700 * * Healthcare Services (Nonprofit) 1 32,000 * * S Accounting Services 1 36,000 * * Advertising 1 32,000 * * Communications (Broadcasting/ Telecommunications) 3 32,000 * * Healthcare Services (For Profit) 1 17,280 * * Publishing 1 24,000 * * Journalism M Household & Personal Care Products 1 60,000 * * Public Relations/Organizational Communications S Transportation Services 1 52,500 * * CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH COMPUTER SCIENCES MAJORS Computer Science M Aerospace 4 $59,780 * * Computer & Electronic Products Manufacturing 2 86,750 * * Food, Beverage, & Tobacco 1 58,000 * * Petroleum & Coal Products 2 58,200 * * S Banking (Investment) 1 55,000 * * Communications (Broadcasting/ Telecommunications) 2 65,500 * * Computer Systems Design/Consulting/ Programming 6 68,750 * * Consulting Services 2 53,750 * * Employment Services 1 22,360 * * Engineering Services 9 55,347 * * Financial Services 1 72,500 * * Healthcare Services (For Profit) 2 56,500 * * Retail/Wholesale Trade 1 85,000 * * Scientific Research & Development 1 65,000 * * Software Publishers 1 72,000 * * Information Sciences & Systems M Aerospace 1 57,000 * * N Government (State& Local) 1 40,000 * * S Accounting Services 1 57,000 * * Computer Systems Design/Consulting/ Programming 1 50,000 * * Employment Services 1 18,000 * * Financial Services 1 47,500 * * Healthcare Services (For Profit) 1 52,000 * * Insurance 1 96,000 * * Retail/Wholesale Trade 1 45,000 * * EDUCATION MAJORS Elementary Teacher Education N Educational Services 13 29,611 * * Religious/Grantmaking/Civic/Professional Orgs. 1 30,838 * * Physical Education Teaching/Coaching S Healthcare Services (For Profit) 1 32,500 * * Pre-Elementary Teacher Education N Healthcare Services (Nonprofit) 1 39,000 * * Religious/Grantmaking/Civic/Professional Orgs. 1 20,000 * * Secondary Education N Educational Services 6 31,703 * * S Banking (Commercial) 1 20,280 * * Special Education N Educational Services 1 40,000 * * ENGINEERING MAJORS Aerospace/Aeronautical/Astronautical Engineering M Transportation Equipment Mfg. 1 62,000 * * Other Manufacturing Employers (NEC) 1 52,000 * * S Engineering Services 3 61,667 * * Agricultural Engineering M Other Manufacturing Employers (NEC) 1 60,000 * * Architectural Engineering S Financial Services 1 41,000 * * Bioengineering & Biomedical Engineering M Food, Beverage, & Tobacco 1 58,000 * * Medical Equipment & Supplies Mfg. 1 63,500 * * S Consulting Services 1 62,000 * * Healthcare Services (For Profit) 1 65,000 * * M = Manufacturing Employers; N = Nonprofit Employers; S = Service Employers Salary Survey / Winter
10 CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH Chemical Engineering M Chemicals (Basic) 5 $70,800 * * Food, Beverage, & Tobacco 7 62,929 * * Paper Manufacturing 2 66,000 * * Petroleum & Coal Products 5 70,000 * * Pharmaceuticals & Medicine Mfg. 2 63,925 * * Plastics & Rubber Products 1 61,000 * * Transportation Equipment Mfg. 2 66,000 * * Other Manufacturing Employers (NEC) 1 61,109 * * N Government (State& Local) 1 45,000 * * S Engineering Services 10 62,702 * * Utilities 1 72,000 * * Civil Engineering M Building, Developing, General Contracting 6 58,757 * * Petroleum & Coal Products 1 76,000 * * N Government (Federal) 4 47,164 * * S Consulting Services 4 49,625 * * Engineering Services 15 52,534 * * Transportation Services 1 49,004 * * Utilities 3 57,667 * * Computer Engineering M Aerospace 1 61,000 * * Computer & Electronic Products Manufacturing 1 58,000 * * Electrical Equipment/Appliance/Component Mfg. 2 57,100 * * S Accommodation/Food Services 1 70,000 * * Communications (Broadcasting/ Telecommunications) 2 52,500 * * Computer Systems Design/Consulting/ Programming 1 22,500 * * Engineering Services 2 75,000 * * Financial Services 3 70,833 * * Software Publishers 2 74,944 * * Utilities 1 47,500 * * Other Service Employers (NEC) 1 24,000 * * Electrical/Electronics & Communications Engineering M Aerospace 1 57,500 * * Building, Developing, General Contracting 1 60,000 * * Chemicals (Basic) 1 71,601 * * Computer & Electronic Products Manufacturing 3 57,167 * * Electrical Equipment/Appliance/Component Mfg. 6 57,000 * * Food, Beverage, & Tobacco 1 58,000 * * Paper Manufacturing 1 62,000 * * Petroleum & Coal Products 5 73,300 * * Transportation Equipment Mfg. 1 60,000 * * N Government (Federal) 4 49,362 * * S Communications (Broadcasting/ Telecommunications) 1 67,000 * * Consulting Services 3 51,333 * * Engineering Services 28 59,746 $55,000 $63,000 Transportation Services 1 56,000 * * Utilities 2 62,000 * * Other Service Employers (NEC) 1 19,760 * * Engineering Technology M Machinery Manufacturing 1 48,000 * * N Healthcare Services (Nonprofit) 1 74,000 * * Industrial/Manufacturing Engineering M Aerospace 2 61,000 * * Building, Developing, General Contracting 1 50,000 * * Electrical Equipment/Appliance/Component Mfg. 2 59,250 * * Food, Beverage, & Tobacco 2 61,750 * * Household & Personal Care Products 1 55,000 * * Machinery Manufacturing 2 57,000 * * Petroleum & Coal Products 1 51,000 * * Other Manufacturing Employers (NEC) 1 57,000 * * CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH S Advertising 1 $60,000 * * Consulting Services 5 60,200 * * Engineering Services 2 61,000 * * Healthcare Services (For Profit) 1 59,500 * * Transportation Services 1 50,000 * * Other Service Employers (NEC) 1 52,000 * * Materials Engineering S Engineering Services 4 59,125 * * Mechanical Engineering M Aerospace 1 54,300 * * Building, Developing, General Contracting 4 58,000 * * Chemicals (Basic) 2 72,000 * * Computer & Electronic Products Manufacturing 1 60,000 * * Food, Beverage, & Tobacco 5 60,700 * * Household & Personal Care Products 1 60,000 * * Machinery Manufacturing 5 55,664 * * Medical Equipment & Supplies Mfg. 2 60,000 * * Mining 2 59,500 * * Paper Manufacturing 1 65,000 * * Petroleum & Coal Products 8 73,475 * * Plastics & Rubber Products 1 54,133 * * Transportation Equipment Mfg. 2 61,620 * * Other Manufacturing Employers (NEC) 6 55,833 * * N Educational Services 1 44,000 * * Government (Federal) 6 53,363 * * S Consulting Services 3 56,500 * * Engineering Services 39 58,706 $54,500 $62,400 Healthcare Services (For Profit) 2 57,500 * * Scientific Research & Development 2 46,000 * * Transportation Services 1 58,000 * * Utilities 1 60,132 * * Metallurgical Engineering (incl. ceramic science/eng.) M Aerospace 1 60,000 * * Metals & Metal Products 1 63,000 * * Nonmetallic Mineral Products 1 55,000 * * Mining & Mineral Engineering (incl. geological) M Mining 8 65,378 * * S Consulting Services 1 55,500 * * Engineering Services 1 67,000 * * Petroleum Engineering M Petroleum & Coal Products 3 81,167 * * S Utilities 1 88,000 * * Systems Engineering M Food, Beverage, & Tobacco 2 61,750 * * S Engineering Services 4 54,563 * * HEALTH SCIENCES MAJORS Health & Related Sciences M Computer & Electronic Products Manufacturing 1 30,000 * * Pharmaceuticals & Medicine Mfg. 1 50,000 * * N Educational Services 2 26,600 * * Government (State& Local) 1 30,000 * * Healthcare Services (Nonprofit) 1 15,000 * * Hospitals 1 31,500 * * Religious/Grantmaking/Civic/Professional Orgs. 1 28,000 * * Other Nonprofit Employers (NEC) 1 35,000 * * S Healthcare Services (For Profit) 4 26,292 * * Retail/Wholesale Trade 1 28,000 * * Scientific Research & Development 1 29,000 * * Nursing N Healthcare Services (Nonprofit) 7 50,829 * * Hospitals 12 45,617 * * S Healthcare Services (For Profit) 15 47,113 * * 10 Salary Survey / Winter 2010 M = Manufacturing Employers; N = Nonprofit Employers; S = Service Employers
11 CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH HOME ECONOMICS MAJORS Clothing/Apparel/Textile Studies (incl. textile science) S Arts, Entertainment, Recreation 1 $16,600 * * Retail/Wholesale Trade 2 48,000 * * Home Economics N Social Assistance 1 25,000 * * HUMANITIES & SOCIAL SCIENCES MAJORS English Language & Literature/Letters M Food, Beverage, & Tobacco 1 15,080 * * N Educational Services 2 26,645 * * S Accommodation/Food Services 1 30,000 * * Legal Services 1 28,500 * * Other Service Employers (NEC) 1 40,000 * * Foreign Languages & Literatures N Hospitals 1 38,480 * * S Accommodation/Food Services 1 30,000 * * Software Publishers 1 15,600 * * History M Medical Equipment & Supplies Mfg. 1 70,000 * * S Arts, Entertainment, Recreation 1 26,520 * * Transportation Services 1 30,000 * * Liberal Arts & Sciences/General Studies M Building, Developing, General Contracting 4 40,750 * * Food, Beverage, & Tobacco 1 36,500 * * N Educational Services 5 33,400 * * Government (State& Local) 2 31,000 * * Healthcare Services (Nonprofit) 1 28,000 * * Religious/Grantmaking/Civic/Professional Orgs. 1 24,000 * * S Accommodation/Food Services 3 28,000 * * Accounting Services 1 46,000 * * Arts, Entertainment, Recreation 2 30,000 * * Banking (Commercial) 3 31,333 * * Communications (Broadcasting/ Telecommunications) 1 60,000 * * Computer Systems Design/Consulting/ Programming 1 37,500 * * Financial Services 1 35,000 * * Healthcare Services (For Profit) 2 20,456 * * Insurance 1 30,000 * * Legal Services 1 33,000 * * Retail/Wholesale Trade 4 25,281 * * Political Science/Government N Government (State& Local) 4 29,731 * * S Banking (Commercial) 1 33,500 * * Employment Services 1 48,000 * * Legal Services 2 23,060 * * Rental & Leasing Services 1 38,000 * * Retail/Wholesale Trade 2 30,000 * * Transportation Services 1 40,000 * * Other Service Employers (NEC) 1 22,500 * * Psychology M Aerospace 1 57,000 * * Pharmaceuticals & Medicine Mfg. 1 45,200 * * Transportation Equipment Mfg. 1 44,000 * * Other Manufacturing Employers (NEC) 1 30,000 * * N Educational Services 1 27,000 * * Government (Federal) 1 33,000 * * Hospitals 1 34,000 * * S Accommodation/Food Services 2 20,000 * * Banking (Commercial) 1 32,000 * * Communications (Broadcasting/ Telecommunications) 1 30,000 * * CURRICULUM / EMPLOYER OF AVERAGE 25TH 75TH Engineering Services 1 $27,500 * * Healthcare Services (For Profit) 1 34,000 * * Retail/Wholesale Trade 1 22,880 * * Social Work N Social Assistance 1 26,000 * * Sociology N Educational Services 2 32,240 * * Government (State& Local) 1 29,100 * * S Banking (Commercial) 1 27,300 * * Financial Services 1 25,000 * * Visual & Performing Arts M Computer & Electronic Products Manufacturing 1 40,000 * * N Educational Services 1 42,000 * * S Arts, Entertainment, Recreation 2 24,300 * * Insurance 1 27,500 * * Retail/Wholesale Trade 1 22,880 * * Other Humanities S Legal Services 1 25,000 * * Retail/Wholesale Trade 1 32,500 * * PARKS, RECREATION, LEISURE & FITNESS MAJORS Parks/Recreation, Leisure/Fitness Studies & Related Programs S Other Service Employers (NEC) 1 17,500 * * SCIENCES MAJORS Biological Sciences/Life Sciences M Pharmaceuticals & Medicine Mfg. 1 50,000 * * N Educational Services 2 32,000 * * Hospitals 5 33,712 * * Other Nonprofit Employers (NEC) 1 15,000 * * S Accommodation/Food Services 1 35,000 * * Healthcare Services (For Profit) 1 33,000 * * Retail/Wholesale Trade 2 28,060 * * Scientific Research & Development 2 24,620 * * Chemistry M Aerospace 1 64,000 * * Plastics & Rubber Products 1 27,000 * * S Retail/Wholesale Trade 1 20,000 * * Construction Science/Management M Building, Developing, General Contracting 14 53,549 * * Petroleum & Coal Products 1 70,000 * * N Government (State& Local) 1 37,500 * * S Arts, Entertainment, Recreation 1 45,000 * * Consulting Services 1 40,000 * * Real Estate 1 45,000 * * Environmental Sciences/Studies N Educational Services 1 18,000 * * S Retail/Wholesale Trade 1 45,000 * * Geological & Related Sciences M Mining 1 46,000 * * S Scientific Research & Development 1 40,000 * * Mathematics (incl. statistics) N Educational Services 1 34,800 * * Government (Federal) 1 42,000 * * S Retail/Wholesale Trade 1 32,000 * * Physics N Educational Services 1 34,900 * * Other Physical Sciences N Government (Federal) 1 59,500 * * M = Manufacturing Employers; N = Nonprofit Employers; S = Service Employers Salary Survey / Winter
12 Bachelor s Degree Summary By Employer EMPLOYER TYPE OF AVERAGE 25TH 75TH MANUFACTURING EMPLOYERS / NONTECHNICAL DEGREES Aerospace 4 $50,314 * * Agriculture, Forestry, Fishing, Hunting 1 30,000 * * Building, Developing, General Contracting 6 39,667 * * Chemicals (Basic) 2 55,000 * * Computer & Electronic Products Manufacturing 2 45,000 * * Food, Beverage, & Tobacco 14 47,028 * * Household & Personal Care Products 15 52,000 * * Machinery Manufacturing 5 51,800 * * Medical Equipment & Supplies Mfg. 5 49,600 * * Petroleum & Coal Products 6 55,233 * * Pharmaceuticals & Medicine Mfg. 6 54,833 * * Plastics & Rubber Products 1 65,000 * * Printing 3 34,667 * * Textiles & Apparel 1 35,000 * * Transportation Equipment Mfg. 8 51,250 * * Other Manufacturing Employers (NEC) 11 42,573 * * TOTAL 90 (15.6%) EMPLOYER TYPE OF AVERAGE 25TH 75TH MANUFACTURING EMPLOYERS / TECHNICAL DEGREES Aerospace 12 $59,577 * * Agriculture, Forestry, Fishing, Hunting 2 43,500 * * Building, Developing, General Contracting 26 55,547 $48,000 $60,000 Chemicals (Basic) 8 71,200 * * Computer & Electronic Products Manufacturing 8 61,625 * * Electrical Equipment/Appliance/ Component Mfg ,470 * * Food, Beverage, & Tobacco 19 61,316 * * Household & Personal Care Products 2 57,500 * * Machinery Manufacturing 8 55,040 * * Medical Equipment & Supplies Mfg. 3 61,167 * * Metals & Metal Products 2 54,000 * * Mining 11 62,547 * * Nonmetallic Mineral Products 1 55,000 * * Paper Manufacturing 4 64,750 * * Petroleum & Coal Products 26 71,585 56,400 85,000 Pharmaceuticals & Medicine Mfg. 4 56,963 * * Plastics & Rubber Products 3 47,378 * * Transportation Equipment Mfg. 6 62,873 * * Other Manufacturing Employers (NEC) 10 56,511 * * TOTAL 165 (35.9%) NONPROFIT EMPLOYERS / NONTECHNICAL DEGREES Educational Services 43 31,561 $24,000 $38,500 Government (Federal) 14 40,483 * * Government (State & Local) 15 34,645 * * Healthcare Services (Nonprofit) 4 33,250 * * Hospitals 2 36,240 * * Religious/Grantmaking/Civic/Professional Orgs. 7 26,977 * * Social Assistance 3 33,667 * * Other Nonprofit Employers (NEC) 1 28,000 * * TOTAL 89 (15.4%) NONPROFIT EMPLOYERS / TECHNICAL DEGREES Educational Services 11 31,718 * * Government (Federal) 16 50,486 * * Government (State & Local) 5 37,300 * * Healthcare Services (Nonprofit) 10 47,600 * * Hospitals 18 41,526 * * Religious/Grantmaking/Civic/Professional Orgs. 1 28,000 * * Other Nonprofit Employers (NEC) 2 25,000 * * TOTAL 63 (13.7%) SERVICE EMPLOYERS / NONTECHNICAL DEGREES Accommodation/Food Services 13 28,346 * * Accounting Services ,376 47,000 53,000 Advertising 3 32,667 * * Architectural Services 1 40,000 * * Arts, Entertainment, Recreation 7 25,531 * * Banking (Commercial) 23 40,798 29,000 55,000 Banking (Investment) 35 59,314 55,000 70,000 Communications (Broadcasting/ Telecommunications) 7 37,571 * * Computer Systems Design/Consulting/ Programming 4 41,875 * * Consulting Services 27 56,259 50,000 65,000 Employment Services 2 54,000 * * Engineering Services 2 36,500 * * Financial Services 38 43,724 30,000 54,000 Healthcare Services (For Profit) 5 24,938 * * Insurance 17 42,911 * * Legal Services 7 28,231 * * Publishing 1 24,000 * * Real Estate 3 47,333 * * Rental & Leasing Services 4 33,250 * * Retail/Wholesale Trade 68 42,257 35,000 47,000 Scientific Research & Development 1 55,000 * * Software Publishers 1 15,600 * * Transportation Services 13 42,923 * * Other Service Employers (NEC) 6 36,083 * * TOTAL 399 (69.0%) SERVICE EMPLOYERS / TECHNICAL DEGREES Accommodation/Food Services 2 52,500 * * Accounting Services 1 57,000 * * Advertising 1 60,000 * * Arts, Entertainment, Recreation 1 45,000 * * Banking (Investment) 1 55,000 * * Communications (Broadcasting/ Telecommunications) 5 60,600 * * Computer Systems Design/Consulting/ Programming 8 60,625 * * Consulting Services 20 54,400 50,000 57,500 Employment Services 2 20,180 * * Engineering Services ,584 53,000 63,842 Financial Services 6 62,250 * * Healthcare Services (For Profit) 27 46,273 38,000 52,000 Insurance 2 68,000 * * Real Estate 1 45,000 * * Retail/Wholesale Trade 9 39,347 * * Scientific Research & Development 7 39,320 * * Software Publishers 3 73,963 * * Transportation Services 5 47,101 * * Utilities 9 62,737 * * Other Service Employers (NEC) 4 28,315 * * TOTAL 231 (50.3%) TOTAL TO BACHELOR S NONTECHNICAL DEGREES 578 (55.7%) TOTAL TO BACHELOR S TECHNICAL DEGREES 459 (44.3%) Total Offers To Bachelor s Degree Candidates By Employer 1,037 Total Manufacturing Employers 255 (24.6%) Total Nonprofit/Government Employers 152 (14.7%) Total Services Employers 630 (60.8%) 12 Salary Survey / Winter 2010
13 Proportion of Offers by Industry Sector PROPORTION OF TO BACHELOR'S DEGREE CANDIDATES BY INDUSTRY SECTOR Government/Nonprofit Employers 14.7% Services Employers 60.8% Manufacturing Employers 24.6% Total Bachelor's Offers By Employer = 1,037 PROPORTION OF TO NONTECHNICAL BACHELOR'S DEGREE CANDIDATES BY INDUSTRY SECTOR Government/Nonprofit Employers 15.4% Services Employers 69.0% Manufacturing Employers 15.6% Total Offers to Bachelor's Nontechnical Degrees = 578 PROPORTION OF TO TECHNICAL BACHELOR'S DEGREE CANDIDATES BY INDUSTRY SECTOR Government/Nonprofit Employers 13.7% Services Employers 50.3% Manufacturing Employers 35.9% Total Offers to Bachelor's Technical Degrees = 459 Salary Survey / Winter
14 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Bachelor s Degree Candidates By Curriculum And Job Function CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH CURRICULUM/JOB FUNCTION OF AVERAGE 25TH 75TH AGRICULTURE & NATURAL RESOURCES MAJORS Agricultural Business & Management Customer Service 1 $22,500 * * Financial/Treasury Analysis 1 65,000 * * Management Trainee (Entry-Level Mgmt.) 1 43,000 * * Sales 1 40,000 * * Animal Sciences Research (Technical/Scientific) 1 32,000 * * Teaching 1 40,000 * * Conservation/Renewable Natural Resources Medical Technology 1 28,000 * * Research (Technical/Scientific) 1 34,000 * * Plant Sciences Social Work 1 31,200 * * BUSINESS MAJORS Accounting Accounting (Private) 31 47,027 $45,000 $52,500 Accounting (Public) 32 48,926 48,000 50,000 Auditing (Private) 13 46,885 * * Auditing (Public) 14 48,786 * * Brand/Product Management 1 56,300 * * Consulting 1 42,500 * * Finance, Taxation, Monetary Policy 1 30,000 * * Financial/Treasury Analysis 12 47,900 * * Investment Banking (Corporate Finance) 4 54,000 * * Investment Banking (Sales & Trading) 4 62,500 * * Law Enforcement 1 38,000 * * Management Trainee (Entry-Level Mgmt.) 1 32,000 * * Sales 2 50,700 * * Social Work 1 78,000 * * Business Administration/Management Accounting (Private) 3 54,000 * * Advertising 1 35,000 * * Auditing (Public) 1 50,000 * * Brand/Product Management 1 46,000 * * Buyer/Merchandising 5 45,600 * * Commercial Banking (Consumer) 1 50,000 * * Consulting 3 60,000 * * Customer Service 1 20,800 * * Distribution 1 49,000 * * Financial/Treasury Analysis 1 51,000 * * Insurance (Claims) 1 50,000 * * Insurance (Underwriting) 1 55,000 * * Investment Banking (Corporate Finance) 3 54,000 * * Investment Banking (Sales & Trading) 3 65,000 * * Management Trainee (Entry-Level Mgmt.) 6 42,920 * * Market Research 1 60,000 * * Paralegal 2 38,438 * * Portfolio Management/Brokerage 1 30,000 * * Religious Occupation 1 30,000 * * Sales 8 40,188 * * Systems Analysis & Design 1 38,500 * * Business Systems Networking/Telecommunications Systems/Programming Engineering 2 54,500 * * Other Computer Related (NEC) 1 52,000 * * Economics (Business/Managerial) Accounting (Public) 1 52,000 * * Commercial Banking (Consumer) 1 42,000 * * Commercial Banking (Lending) 1 30,000 * * Consulting 6 61,233 * * Financial/Treasury Analysis 6 59,867 * * 14 Salary Survey / Winter 2010 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Investment Banking (Sales & Trading) 2 $62,500 * * Management Trainee (Entry-Level Mgmt.) 1 55,000 * * Portfolio Management/Brokerage 1 30,000 * * Registered Nurse 1 50,000 * * Systems Analysis & Design 1 65,000 * * Teaching 1 33,000 * * Other Computer Related (NEC) 1 55,000 * * Finance Accounting (Private) 2 48,500 * * Accounting (Public) 5 46,760 * * Actuarial 1 50,000 * * Auditing (Public) 3 56,000 * * Commercial Banking (Consumer) 1 42,500 * * Commercial Banking (Lending) 2 32,000 * * Consulting 2 62,500 * * Customer Service 3 43,333 * * Design/Construction Engineering 2 54,500 * * Finance, Taxation, Monetary Policy 3 36,833 * * Financial/Treasury Analysis 32 54,759 $50,000 $60,000 Human Resources/Industrial Relations 1 29,120 * * Investment Banking (Corporate Finance) 7 51,945 * * Investment Banking (Sales & Trading) 6 57,000 * * Management Trainee (Entry-Level Mgmt.) 3 44,333 * * Market Research 1 70,000 * * Media Planning 1 45,000 * * Military 2 42,362 * * Portfolio Management/Brokerage 2 60,000 * * Process Engineering (Chemical) 1 50,000 * * Public Relations 1 55,000 * * Registered Nurse 1 60,000 * * Sales 2 32,900 * * Systems Analysis & Design 1 60,000 * * Teaching 1 60,000 * * Writing/Editing 1 60,000 * * Other Computer Related (NEC) 1 57,000 * * Hospitality Services Management (incl. hotel/motel/restaurant mgmt.) Management Trainee (Entry-Level Mgmt.) 3 36,667 * * Human Resources (incl. labor/industrial relations) Financial/Treasury Analysis 2 43,000 * * Human Resources/Industrial Relations 1 29,500 * * International Business Administration (Social Services) 1 30,000 * * Brand/Product Management 1 50,000 * * Market Research 1 47,000 * * Sales 3 50,000 * * Logistics/Materials Management Accounting (Private) 2 53,000 * * Consulting 2 54,000 * * Customer Service 2 48,000 * * Distribution 10 46,931 * * Financial/Treasury Analysis 8 52,500 * * Investment Banking (Corporate Finance) 4 55,000 * * Management Trainee (Entry-Level Mgmt.) 3 42,267 * * Purchasing 1 50,000 * * Management Information Systems/Business Data Processing Accounting (Private) 3 47,900 * * Buyer/Merchandising 1 40,000 * * Computer Programming 1 50,000 * * Customer Service 1 47,500 * * Distribution 2 47,250 * * Finance, Taxation, Monetary Policy 1 28,100 * * Financial/Treasury Analysis 1 65,000 * * Investment Banking (Sales & Trading) 1 58,000 * *
15 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Management Trainee (Entry-Level Mgmt.) 2 $57,500 * * Network Administration 1 37,500 * * Production (Communications) 1 65,000 * * Research & Development Engineering 1 57,500 * * Systems Analysis & Design 5 54,000 * * Technical/Computer Support 1 42,000 * * Marketing/Marketing Mgmt. (incl. mktg. research) Accounting (Private) 3 47,000 * * Administration (Social Services) 1 32,000 * * Advertising 2 49,000 * * Brand/Product Management 2 50,000 * * Buyer/Merchandising 4 42,375 * * Commercial Banking (Consumer) 1 19,780 * * Commercial Banking (Lending) 2 25,100 * * Consulting 1 56,000 * * Distribution 1 45,000 * * Finance, Taxation, Monetary Policy 1 30,000 * * Insurance (Claims) 2 32,000 * * Investment Banking (Corporate Finance) 1 55,000 * * Management Trainee (Entry-Level Mgmt.) 13 43,454 * * Market Research 4 39,750 * * Public Relations 2 31,000 * * Sales 28 48,206 $40,000 $55,000 Teaching 2 31,750 * * Other Engineering (NEC) 1 53,000 * * COMMUNICATIONS MAJORS Broadcast Journalism Brand/Product Management 1 50,000 * * Communications Advertising 1 36,000 * * Design/Construction Engineering 1 30,000 * * Insurance (Claims) 2 35,750 * * Management Trainee (Entry-Level Mgmt.) 1 30,000 * * Reporting 2 23,000 * * Sales 2 46,000 * * Technical/Computer Support 1 32,700 * * Writing/Editing 1 32,000 * * Other Health Related (NEC) 1 17,280 * * Journalism Commercial Banking (Consumer) 1 30,000 * * Management Trainee (Entry-Level Mgmt.) 1 50,000 * * Reporting 1 40,000 * * Sales 1 60,000 * * Public Relations/Organizational Communications Sales 1 52,500 * * COMPUTER SCIENCES MAJORS Computer Science Computer Programming 8 57,863 * * Human Resources/Industrial Relations 1 22,360 * * Network Administration 1 72,000 * * Software Design & Development 15 71,850 * * Systems/Programming Engineering 2 50,500 * * Other Computer Related (NEC) 2 50,750 * * Other Engineering (NEC) 2 53,500 * * Information Sciences & Systems Network Administration 1 50,000 * * Other Computer Related (NEC) 1 45,000 * * EDUCATION MAJORS Elementary Teacher Education Teaching 14 29,699 * * Physical Education Teaching/Coaching Customer Service 1 32,500 * * CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Pre-Elementary Teacher Education Teaching 1 $20,000 * * Secondary Education Customer Service 1 20,280 * * Teaching 6 31,703 * * Special Education Teaching 1 40,000 * * ENGINEERING MAJORS Aerospace/Aeronautical/Astronautical Engineering Other Engineering (NEC) 2 56,500 * * Agricultural Engineering Other Engineering (NEC) 1 60,000 * * Architectural Engineering Financial/Treasury Analysis 1 41,000 * * Bioengineering & Biomedical Engineering Consulting 1 62,000 * * Field Engineering 1 63,500 * * Manufacturing/Industrial Engineering 1 58,000 * * Testing Engineering 1 65,000 * * Chemical Engineering Environmental/Sanitation Engineering 1 45,000 * * Field Engineering 1 55,000 * * Management Trainee (Entry-Level Mgmt.) 1 56,000 * * Manufacturing/Industrial Engineering 6 65,583 * * Process Engineering (Chemical) 15 68,134 * * Production Engineering 5 64,022 * * Project Engineering 1 60,000 * * Research & Development Engineering 2 68,000 * * Technical/Computer Support 1 66,000 * * Other Engineering (NEC) 4 68,213 * * Civil Engineering Consulting 2 47,000 * * Design/Construction Engineering 7 56,720 * * Field Engineering 6 60,467 * * Project Engineering 3 54,333 * * Other Engineering (NEC) 12 50,994 * * Computer Engineering Computer Programming 2 71,250 * * Consulting 1 65,000 * * Field Engineering 1 60,200 * * Management Trainee (Entry-Level Mgmt.) 1 24,000 * * Software Design & Development 7 69,913 * * Systems Analysis & Design 1 40,000 * * Systems/Programming Engineering 3 68,333 * * Testing Engineering 1 61,000 * * Other Computer Related (NEC) 1 22,500 * * Electrical/Electronics & Communications Engineering Actuarial 1 56,000 * * Administration (Social Services) 1 19,760 * * Design/Construction Engineering 1 60,000 * * Field Engineering 1 62,000 * * Hardware Design & Development 2 56,012 * * Manufacturing/Industrial Engineering 1 62,000 * * Power Systems Engineering 8 61,181 * * Production Engineering 2 64,000 * * Project Engineering 3 54,500 * * Quality Control Engineering 1 65,000 * * Research & Development Engineering 1 60,000 * * Software Design & Development 3 65,700 * * Systems Analysis & Design 2 49,000 * * Systems/Programming Engineering 1 57,500 * * Testing Engineering 1 55,000 * * Other Computer Related (NEC) 3 57,167 * * Other Engineering (NEC) 20 63,133 $55,000 $70,000 Salary Survey / Winter
16 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Engineering Technology Executive, Legislative & General 1 $74,000 * * Management Trainee (Entry-Level Mgmt.) 1 48,000 * * Other Engineering (NEC) 2 53,000 * * Industrial/Manufacturing Engineering Bioengineering 1 50,000 * * Consulting 3 59,667 * * Field Engineering 1 67,000 * * Manufacturing/Industrial Engineering 8 58,688 * * Project Engineering 3 53,000 * * Quality Control Engineering 2 57,050 * * Sales 1 62,000 * * Other Engineering (NEC) 3 62,000 * * Materials Engineering Consulting 1 62,000 * * Testing Engineering 1 51,500 * * Mechanical Engineering Design/Construction Engineering 7 57,186 * * Field Engineering 6 49,977 * * Management Trainee (Entry-Level Mgmt.) 2 69,500 * * Manufacturing/Industrial Engineering 4 55,350 * * Medical Technology 1 54,000 * * Military 1 44,388 * * Power Systems Engineering 1 63,240 * * Production Engineering 1 70,000 * * Project Engineering 15 62,727 * * Quality Control Engineering 1 36,400 * * Research & Development Engineering 7 51,148 * * Sales 2 58,000 * * Systems Analysis & Design 1 53,000 * * Testing Engineering 3 56,673 * * Other Computer Related (NEC) 2 58,329 * * Other Engineering (NEC) 31 63,241 $57,500 $65,000 Metallurgical Engineering (incl. ceramic science/eng.) Management Trainee (Entry-Level Mgmt.) 2 55,000 * * Process Engineering (Chemical) 1 60,000 * * Production Engineering 1 63,000 * * Mining & Mineral Engineering (incl. geological) Environmental/Sanitation Engineering 1 55,500 * * Field Engineering 1 67,000 * * Production Engineering 7 65,574 * * Other Engineering (NEC) 1 64,000 * * Petroleum Engineering Field Engineering 1 55,000 * * Other Engineering (NEC) 15 88,301 * * Systems Engineering Other Engineering (NEC) 1 60,000 * * HEALTH SCIENCES MAJORS Health & Related Sciences Administration (Social Services) 2 32,500 * * Management Trainee (Entry-Level Mgmt.) 1 30,000 * * Pharmacist 1 24,000 * * Physical Therapy 1 18,720 * * Research (Nontechnical) 2 30,100 * * Sales 2 39,000 * * Teaching 2 25,000 * * Other Health Related (NEC) 2 31,224 * * Nursing Registered Nurse 35 47,080 44,000 49,000 HOME ECONOMICS MAJORS Clothing/Apparel/Textile Studies (incl. textile science) Buyer/Merchandising 1 46,000 * * Performing Arts/Entertainment 1 16,600 * * 16 Salary Survey / Winter 2010 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Home Economics Social Work 1 $25,000 * * HUMANITIES & SOCIAL SCIENCES MAJORS Criminal Justice & Corrections Customer Service 1 22,000 * * English Language & Literature/Letters Commercial Banking (Consumer) 1 26,000 * * Distribution 1 15,080 * * Paralegal 1 28,500 * * Teaching 2 26,645 * * Foreign Languages & Literatures Quality Control Engineering 1 15,600 * * Sales 1 30,000 * * Other Health Related (NEC) 1 38,480 * * History Customer Service 1 30,000 * * Sales 1 30,000 * * Liberal Arts & Sciences/General Studies Accounting (Private) 1 46,000 * * Administration (Social Services) 2 28,500 * * Buyer/Merchandising 1 72,000 * * Commercial Banking (Consumer) 2 29,500 * * Customer Service 4 28,668 * * Design/Construction Engineering 1 46,000 * * Financial/Treasury Analysis 2 35,000 * * Human Resources/Industrial Relations 1 35,000 * * Investment Banking (Corporate Finance) 1 45,000 * * Law Enforcement 1 36,000 * * Management Trainee (Entry-Level Mgmt.) 4 41,625 * * Network Administration 1 37,500 * * Paralegal 2 26,900 * * Physical Therapy 1 18,240 * * Purchasing 1 18,125 * * Religious Occupation 1 24,000 * * Research (Technical/Scientific) 1 24,000 * * Sales 3 43,333 * * Teaching 2 41,000 * * Political Science/Government Actuarial 1 30,000 * * Administration (Social Services) 1 40,000 * * Commercial Banking (Consumer) 1 33,500 * * Finance, Taxation, Monetary Policy 1 21,925 * * Human Resources/Industrial Relations 1 40,000 * * Paralegal 1 16,120 * * Psychology Accounting (Private) 1 27,500 * * Administration (Social Services) 1 27,000 * * Management Trainee (Entry-Level Mgmt.) 2 24,600 * * Military 1 33,000 * * Research (Nontechnical) 1 44,000 * * Research (Technical/Scientific) 1 40,000 * * Sales 3 35,733 * * Speech Pathology/Audiology 1 52,000 * * Other Health Related (NEC) 1 22,880 * * Social Work Social Work 1 26,000 * * Sociology Accounting (Private) 1 25,000 * * Consulting 1 36,400 * * Customer Service 1 27,300 * * Management Trainee (Entry-Level Mgmt.) 1 33,000 * * Social Work 1 29,100 * * Teaching 1 28,080 * *
17 CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Visual & Performing Arts Performing Arts/Entertainment 1 $23,200 * * Sales 3 27,627 * * Teaching 1 42,000 * * Other Humanities Paralegal 1 25,000 * * Other Social Sciences Teaching 1 33,000 * * PARKS, RECREATION, LEISURE & FITNESS MAJORS Parks/Recreation, Leisure/Fitness Studies & Related Programs Other Health Related (NEC) 1 17,500 * * SCIENCES MAJORS Architecture & Related Programs Architecture 1 65,000 * * Biological Sciences/Life Sciences Management Trainee (Entry-Level Mgmt.) 1 35,000 * * Research (Technical/Scientific) 7 34,034 * * Sales 1 16,120 * * Teaching 1 42,000 * * Other Health Related (NEC) 3 24,520 * * Chemistry Process Engineering (Chemical) 1 64,000 * * Quality Control Engineering 1 27,000 * * Construction Science/Management Design/Construction Engineering 11 56,691 * * Field Engineering 4 54,350 * * Management Trainee (Entry-Level Mgmt.) 2 41,840 * * Project Engineering 1 60,000 * * Quality Control Engineering 1 45,000 * * Sales 1 40,000 * * Other Engineering (NEC) 1 37,500 * * Environmental Sciences/Studies Agricultural/Natural Resources 1 45,000 * * Research (Nontechnical) 1 18,000 * * Research (Technical/Scientific) 1 22,000 * * Geological & Related Sciences Systems Analysis & Design 1 40,000 * * Mathematics (incl. statistics) Mathematician/Statistician 1 42,000 * * Sales 1 32,000 * * Teaching 1 34,800 * * Physics Teaching 1 34,900 * * Other Physical Sciences Military 1 59,500 * * CURRICULUM / JOB FUNCTION OF AVERAGE 25TH 75TH Salary Survey / Winter
18 Bachelor s Degree Summary by Job Function Nontechnical Degrees JOB FUNCTION OF AVERAGE 25TH 75TH JOB FUNCTION OF AVERAGE 25TH 75TH Accounting (Private) 47 $46,937 $44,000 $53,000 Accounting (Public) 38 48,722 48,000 52,000 Actuarial 2 40,000 * * Administration (Social Services) 6 31,000 * * Advertising 4 42,250 * * Auditing (Private) 13 46,885 * * Auditing (Public) 18 50,056 * * Brand/Product Management 6 50,383 * * Buyer/Merchandising 12 46,292 * * Commercial Banking (Consumer) 9 33,642 * * Commercial Banking (Lending) 5 28,840 * * Computer Programming 1 50,000 * * Consulting 16 57,206 * * Customer Service 16 33,816 * * Design/Construction Engineering 4 46,250 * * Distribution 15 44,859 * * Finance, Taxation, Monetary Policy 7 31,504 * * Financial/Treasury Analysis 64 52,786 49,000 57,000 Human Resources/Industrial Relations 4 33,405 * * Insurance (Claims) 5 37,100 * * Insurance (Underwriting) 1 55,000 * * Investment Banking (Corporate Finance) 20 53,081 48,000 55,000 Investment Banking (Sales & Trading) 16 60,625 * * Law Enforcement 2 37,000 * * Management Trainee (Entry-Level Mgmt.) 41 42,022 33,250 45,000 Market Research 7 48,000 * * Media Planning 1 45,000 * * Military 3 39,241 * * Network Administration 2 $37,500 * * Paralegal 7 28,614 * * Performing Arts/Entertainment 2 19,900 * * Physical Therapy 1 18,240 * * Portfolio Management/Brokerage 4 45,000 * * Process Engineering (Chemical) 1 50,000 * * Production (Communications) 1 65,000 * * Public Relations 3 39,000 * * Purchasing 2 34,063 * * Quality Control Engineering 1 15,600 * * Registered Nurse 2 55,000 * * Religious Occupation 2 27,000 * * Reporting 3 28,667 * * Research & Development Engineering 1 57,500 * * Research (Nontechnical) 1 44,000 * * Research (Technical/Scientific) 2 32,000 * * Sales 58 44,363 $35,000 $50,000 Social Work 4 39,525 * * Speech Pathology/Audiology 1 52,000 * * Systems Analysis & Design 8 54,188 * * Systems/Programming Engineering 2 54,500 * * Teaching 33 32,147 24,000 40,000 Technical/Computer Support 2 37,350 * * Writing/Editing 2 46,000 * * Other Computer Related (NEC) 3 54,667 * * Other Engineering (NEC) 1 53,000 * * Other Health Related (NEC) 3 26,213 * * 18 Salary Survey / Winter 2010
19 Bachelor s Degree Summary by Job Function Technical Degrees JOB FUNCTION OF AVERAGE 25TH 75TH JOB FUNCTION OF AVERAGE 25TH 75TH Actuarial 1 $56,000 * * Administration (Social Services) 3 28,253 * * Agricultural/Natural Resources 1 45,000 * * Architecture 1 65,000 * * Bioengineering 1 50,000 * * Computer Programming 10 60,540 * * Consulting 8 57,750 * * Customer Service 1 22,500 * * Design/Construction Engineering 26 56,959 $50,000 $60,000 Environmental/Sanitation Engineering 2 50,250 * * Executive, Legislative & General 1 74,000 * * Field Engineering 23 56,946 50,400 62,000 Financial/Treasury Analysis 2 53,000 * * Hardware Design & Development 2 56,012 * * Human Resources/Industrial Relations 1 22,360 * * Management Trainee (Entry-Level Mgmt.) 12 47,390 * * Manufacturing/Industrial Engineering 20 60,220 57,000 64,000 Mathematician/Statistician 1 42,000 * * Medical Technology 2 41,000 * * Military 2 51,944 * * Network Administration 2 61,000 * * Pharmacist 1 $24,000 * * Physical Therapy 1 18,720 * * Power Systems Engineering 9 61,410 * * Process Engineering (Chemical) 17 67,413 * * Production Engineering 16 65,008 * * Project Engineering 26 59,477 $52,000 $65,000 Quality Control Engineering 6 47,917 * * Registered Nurse 35 47,080 44,000 49,000 Research & Development Engineering 10 55,403 * * Research (Nontechnical) 3 26,067 * * Research (Technical/Scientific) 10 32,624 * * Sales 9 42,680 * * Social Work 1 31,200 * * Software Design & Development 25 70,569 62,036 80,000 Systems Analysis & Design 5 46,200 * * Systems/Programming Engineering 6 60,583 * * Teaching 6 33,617 * * Technical/Computer Support 1 66,000 * * Testing Engineering 7 57,503 * * Other Computer Related (NEC) 9 50,795 * * Other Engineering (NEC) 95 64,905 56,000 70,000 Other Health Related (NEC) 6 25,585 * * Salary Survey / Winter
20 Average Yearly Salary Offers Master s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From Graduate Program January January January January Percentiles th 50th 75th BUSINESS MAJORS Accounting 14 $47,071 $50,900 * * * * * Economics (Business/Managerial) + + N/A * * * * * Finance ,700 * * * * * Human Resources (incl. labor/industrial relations) + + N/A * * * * * M.B.A. (Nontechnical Undergraduate Degree) 1 year or less experience 2 54,500 N/A * * * * * 1-2 years experience 7 50,617 N/A * * * * * 2-4 years experience 1 35,000 80,000 * * * * * More than 4 years experience 11 74,182 56,043 * * * * * M.B.A. (Technical Undergraduate Degree) 1 year or less experience 1 51,500 N/A * * * * * 1-2 years experience ,700 * * * * * 2-4 years experience 1 80,000 N/A * * * * * More than 4 years experience 3 98,267 N/A * * * * * Management Information Systems/Business Data Processing 1 40,000 N/A * * * * * Marketing/Marketing Mgmt. (incl. mktg. research) 2 38,000 N/A * * * * * COMMUNICATIONS MAJORS Advertising + + N/A * * * * * Communications + + N/A * * * * * Journalism + + N/A * * * * * EDUCATION MAJORS 1 Education Administration/Supervision ,500 * * * * * Elementary Teacher Education 7 39,884 41,076 * * * * * Physical Education Teaching/Coaching + + N/A * * * * * Special Education + + N/A * * * * * ENGINEERING MAJORS Aerospace/Aeronautical/Astronautical Engineering 1 42,000 70,000 * * * * * Agricultural Engineering 2 49,000 N/A * * * * * Bioengineering & Biomedical Engineering ,000 * * * * * Chemical Engineering 1 99,000 68,868 * * * * * Civil Engineering 2 49,500 47,640 * * * * * Computer Engineering 2 83,900 84,000 * * * * * Electrical/Electronics & Communications Engineering 7 67,298 69,389 * * * * * Industrial/Manufacturing Engineering 1 55,000 69,988 * * * * * Mechanical Engineering 12 70,500 61,723 * * * * * Metallurgical Engineering (incl. ceramic science/eng.) 4 58,250 N/A * * * * * Mining & Mineral Engineering (incl. geological) 13 86,769 N/A * * * * * Nuclear Engineering (incl. engineering physics) + + N/A * * * * * Petroleum Engineering 5 96,000 N/A * * * * * HEALTH SCIENCES MAJORS Health & Related Sciences 1 70,000 32,722 * * * * * Nursing + + N/A * * * * * HUMANITIES & SOCIAL SCIENCES MAJORS Humanities ,400 * * * * * Psychology 3 31,000 52,000 * * * * * Social Sciences 1 45,000 N/A * * * * * N/A - No historic data available. 1 Further information on starting salaries for education majors is available from AAEE. 20 Salary Survey / Winter No offers reported. ** Not computed if number of offers is fewer than 20 for current or previous year. Continued... No part of this publication may be used, adapted, or reproduced in any manner without written permission.
21 Average Yearly Salary Offers Master s Degree Candidates (Data Combined for Men and Women) Number Percent Change Of Offers Average $ Offer In $ Offers From Graduate Program January January January January Percentiles th 50th 75th Continued... SCIENCES MAJORS Agriculture & Natural Resources 1 $25,000 $60,000 * * * * * Architecture & Related Programs 2 36,640 48,950 * * * * * Biological Sciences/Life Sciences ,000 * * * * * Chemistry 2 74,000 67,000 * * * * * Computer Sciences 2 52,500 70,625 * * * * * Geological & Related Sciences 2 43,000 39,975 * * * * * Materials Science 2 64,000 60,000 * * * * * Mathematics (incl. statistics/actuarial) 1 75,000 N/A * * * * * Physics 1 65,500 N/A * * * * * 118 Doctoral Degree Candidates (Data Combined for Men and Women) BUSINESS MAJORS Business Administration/Management 1 $128,000 $100,000 * * * * * Economics (Business/Managerial) 1 65,771 N/A * * * * * Finance + + N/A * * * * * EDUCATION MAJORS Education Administration/Supervision 5 68,000 94,000 * * * * * ENGINEERING MAJORS Aerospace/Aeronautical/Astronautical Engineering 1 42,000 83,000 * * * * * Chemical Engineering 17 83,606 93,290 * * * * * Civil Engineering 2 75,500 59,000 * * * * * Computer Engineering 4 96, ,000 * * * * * Electrical/Electronics & Communications Engineering 5 82,300 66,018 * * * * * Industrial/Manufacturing Engineering 1 70,000 87,000 * * * * * Mechanical Engineering 4 80,800 71,100 * * * * * Metallurgical Engineering (incl. ceramic science/eng.) + + N/A * * * * * HUMANITIES & SOCIAL SCIENCES MAJORS English Language & Literature/Letters ,500 * * * * * Foreign Languages & Literatures + + N/A * * * * * Humanities 2 44,500 N/A * * * * * Psychology 2 42,000 47,667 * * * * * Social Sciences 5 48,320 38,700 * * * * * SCIENCES MAJORS Agriculture & Natural Resources 4 47,000 45,863 * * * * * Biological Sciences/Life Sciences 4 45,288 35,722 * * * * * Chemistry 6 73,167 57,143 * * * * * Computer Sciences 4 87,250 83,000 * * * * * Geological & Related Sciences 2 38, ,000 * * * * * Mathematics (incl. statistics/actuarial) 2 52,500 50,000 * * * * * Physics 2 51,500 31,000 * * * * * 74 N/A - No historic data available. 1 Further information on starting salaries for education majors is available from AAEE. + No offers reported. ** Not computed if number of offers is fewer than 20 for current or previous year. No part of this publication may be used, adapted, or reproduced in any manner without written permission. Salary Survey / Winter
22 continued from page 1 last year at this time, their average offer had fallen by 1.4 percent. Among those earning the specific computer science degree, the average rose 4.8 percent to $61,205. As a whole, engineering graduates also fared well. Their average salary offer as a group is up by 1.2 percent to $59,245. Although that increase pales compared to previous increases (5.7 percent in Winter 2008, for example, and 2.2 percent in Winter 2009), engineering majors account for eight of this report s 10 top-paid bachelor s degrees. (See Figure 2.) While chemical engineering grads earned the second highest salary offer in this report $65,142 that average is actually down compared to last year, albeit by less than 1 percent. Among the engineering disciplines, civil engineering posted the largest increase. Their average offer rose 3.6 percent to $52,605. Interestingly, although civil engineering doesn t figure on the top paid list, this discipline has posted an increase each Winter since Electrical engineering graduates also posted a healthy increase 2.9 percent raising their average salary offer to $59,074. Engineering services firms were the most-interested employers for these particular graduates, and offered them a slightly higher salary of $59,746. Like students earning chemical engineering degrees, mechanical engineering graduates saw a small dip in their average salary offer, which is now down 0.4 percent to $58,392. However, engineering services firms accounted for the largest number of offers to these graduates and offered an average of $58,706. Figure 2: 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 *Where 10 or more offers were reported. As a group, liberal arts majors saw their average offer fall significantly compared to the average reported in the Winter 2009 Salary Survey report. Currently, the overall average stands at $32,555, down almost 11 percent from last year s reported average of $36,445. This initial look at salaries suggests that the Class of 2010 will see lower salaries than those offered last year; however, it s important to remember that data at this time are limited and graduation is several months away. NACE will provide a second look at salaries for the Class of 2010 in April with the release of the Spring 2010 Salary Survey. In addition, NACE will provide monthly updates on hiring/recruiting activity through the NACE Index (reported in the Spotlight Online newsletter and on 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 March. 422 Salary Salary Survey Survey / Winter / Winter
23 NACE 2010 Annual Conference & Exposition June 1-4, 2010 Marriott World Center Orlando, Florida Attend high-quality workshops Network with colleagues Check out the early bird rate of $750 until March 1* *Regular rate is $ Diamond and Platinum Sponsors
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