Majors for 2010-2011 bachelors degree graduates with the best salary offers:
Curriculum
|
Average salary offer
|
Chemical engineering
|
$66,886
|
Computer science
|
$63,017
|
Mechanical engineering
|
$60,739
|
Electrical/electronics and communications engineering
|
$60,646
|
Computer engineering
|
$60,112
|
Industrial/manufacturing engineering
|
$58,549
|
Systems engineering
|
$57,497
|
Engineering technology
|
$57,176
|
Information sciences and systems
|
$56,868
|
Business systems networking/telecommunications
|
$56,808
|
Source: NACE
Jobs for 2010-2011 bachelors degree graduates with the most salary offers:
Job function
|
Average salary offer
|
Accounting (private)
|
$50,708
|
Consulting
|
$59,933
|
Accounting (public)
|
$45,395
|
Financial/treasury analysis
|
$52,689
|
Sales
|
$42,162
|
Investment banking (sales and trading)
|
$65,291
|
Management trainee (entry-level management)
|
$43,297
|
The worst performing major, according to PayScale, is elementary education, with a median starting salary of $33,000.
Social work has a median starting salary of $33,400.
The best of the bottom 10 college degrees is horticulture, with a median starting salary of $37,200.
Drama and music typically have median starting salaries of $35,600 and $34,000, respectively.
thank God I am an EE
for later
Learn advanced mathmatics.
Ridicule of majors that don’t require it is unkind, but usually justified.
Sorry if this post hurts anyone’s feelings.
I take it back, I’m not sorry.
I think it was Michael Medved who said if you do 3 things you will be in the 89% percentile for Success.
Finish High School
Dont have children until you are married
Dont marry until you reach 24
College was not among the three. I followed the three to a tee, and I did alright without college and the huge college loan that would have had to been paid back. And my salary is much higher than those listed above.
They always ignore the opportunity costs in their calculations which for some people is substantial. Another thing to consider is the extra work involved for some options, both in school and in career, may not justify the premium. Anyone that wants to be a physician under Obamacare isn’t doing it for the hourly rate.
The price tag for four years at a public university averages about $35,000,
University of IL is nearly $30,000/year for in-state students, with room and board being only $10,000 of the $30,000/year.
http://www.osfa.uiuc.edu/cost/undergrad/res_1112.html
You’ve got so many more smart grads with chem e or computer sci degree than there are with social work or ed majors that you’d have to control for the caliber of student before such comparisons were really useful. Also, you’d want to look over time. (Hint: a smart philosophy major at a state school will likely gain in income over time as he applies his smarts to whatever his endeavor.)
I keep on showing my son these types of articles. He’s a junior in high school. He’s way smarter than I was, but doesn’t work as hard as I did. I know he’s smart enough to get an engineering degree, but I don’t know if he has the drive.
He has good grades, and he did really well on the ACT. I’m hoping he gets some scholarships. I’ve told him that the price of college definitely is a factor in choosing. He can’t go to any school he wants to.