Quarterly Wage Comparison for FAU graduates

Transcription

1 ly Wage Comparison for FAU graduates

2 Table of Contents Executive Summary... 2 Introduction... 4 Average ly Wages for Graduates of... 4 Florida State Universities for the Academic Year... 4 Methodology... 4 Average ly by Major... 5 FAU Graduate Programs for the Fastest Growing Occupations... 7 Average ly Wages for the Fastest Growing Occupations... 8 Fastest Growing Occupations, Regionally FAU Graduate Programs for the Occupations Gaining the Most Jobs Average ly Wages for the Occupations Gaining the Most Jobs Conclusion

3 Executive Summary Higher education provides both societal and personal benefits. One of the most recognized advantages of higher education is increased earnings a benefit with both a personal and societal component. The earning potential for different majors is often considered by students, parents, and the general public. Also, a topic of interest is the average wage of a university s graduates relative to other institutions. The Florida Education and Training Placement Information Program (FETPIP) provides post-graduation outcome data, including the average quarterly earnings for State University System (SUS) graduates. This report analyzes the average quarterly wages for in-state employment Florida Atlantic University (FAU) graduates from the academic year, the most recent year for which FETPIP has published data. Only FAU majors for which wage data were available and which were offered at least one other SUS institution were included in the major table. The average quarterly wage earned by FAU graduates and the average for SUS graduates overall is provided for each occupation as is the difference between the two, expressed as a percentage. Differences of less than 1% are denoted with a dash (-). The occupations projected to grow the fastest and those which are likely to add the most jobs in the state by 2019 were taken directly from the Florida Department of Economic Opportunity s employment projections ( The data on the fastest growing occupations and those gaining the most jobs in the FAU s service area were compiled. The workforce occupational codes which are the same as the Bureau of Labor Statistics (BLS) Standard Occupation Codes (SOC) were then converted to Classification of Instructional Programs (CIP) codes using a crosswalk published by the BLS ( The conversion to CIP codes made it possible to match FAU majors from the Board of Governor s degree file to occupational codes in order to determine the average quarterly wage for each program/major as provided in the FETPIP reports. FETPIP earnings data is organized by major and degree. Although every major/degree combination in the SUS is listed, earnings data is not provided for all the entries. FAU has reported wages for 57 major/degree combinations. The wages represent the average fourth-quarter earnings for FAU graduates. Thirty-six of the 57 entries for FAU (63%) had earnings at or above the average quarterly earnings for the SUS systems. Of the remaining 21 programs, 42% were within 5% of the average SUS quarterly wages. Sixteen percent of FAU s entries were above the SUS average by more than 10%, with one program s graduates earning 43% above the SUS average. 2

4 The earnings reported for FAU majors that serve as preparation for the fastest growing occupations were compiled. Statewide 17 occupations could be aligned to FAU undergraduate majors with reported earnings data and 17 to FAU graduate programs. Four undergraduate majors and nine graduate majors for which FAU graduates had the highest reported quarterly earnings were among the education requirements for the fastest growing occupations in the state. Fifteen occupations among those gaining the most jobs in the state of Florida could be aligned to one or more FAU undergraduate major for which earnings data existed. Four of the occupations were aligned to FAU undergraduate majors with the highest reported earnings in the state. Of the 13 occupations gaining the most jobs, nine included FAU graduate programs that had the highest reported quarterly wages in the SUS. Regionally, there were 16 occupations among those gaining the most jobs for which an FAU undergraduate major serves as preparation and for which FAU quarterly earnings data were available. Four of the occupations included undergraduate majors in which FAU had the highest reported quarterly wages in the SUS. Twelve of the occupations gaining the most jobs by 2019 were found for which an FAU graduate major was considered preparation. Nine occupations encompassed an FAU graduate major which had the highest reported quarterly earnings. 3

5 Introduction Higher education provides both societal and personal benefits. The societal benefits include grooming future leaders, producing citizens who are less likely to depend on society for support, lower levels of unemployment and poverty, lower incarceration, and more civic involvement including higher levels of volunteerism, voting, and blood donations. 1 One of the most recognized benefits of higher education is increased earnings a benefit with both a personal and societal component. There has been an abundance of research on the difference in earnings over the average work life for those who possess a post-secondary credential as opposed those whose highest academic attainment is a high school diploma. 2 The earning potential for different majors is often considered by students, parents, and the general public. Also, a topic of interest is the average wage of a university s graduates relative to other institutions. A comparison of the averages earnings of Florida Atlantic University (FAU) graduates to the averages across the State University System (SUS) will help determine how FAU graduates fair in their first post-graduation position. Average ly Wages for Graduates of Florida State Universities for the Academic Year The Florida Education and Training Placement Information Program (FETPIP) provides post-graduation outcome data. FETPIP collects and reports data to provide information on students who have graduated or completed a public education or training program within the state. The data is collected by matching student records from public education institutions and training programs to records kept by various public and independent organizations. Among the data provided by FETPIP are the average quarterly earnings for SUS graduates. Only graduates with valid Social Security Numbers are included in FETPIP. are calculated using the fourth quarter figures, i.e., employment data for the graduates were based on those who were employed from October to December In addition, the wages of the included graduates are only reported for those alumni who find employment within the state of Florida. Methodology This report analyzes the average quarterly wages for in-state employment of FAU graduates from the academic year, the most recent year for which FETPIP has published data. FETPIP provides data on average quarterly earnings for state universities ( Only FAU majors for which wage data 4

6 were available and which were offered at least one other SUS institution were included in the major table. The average quarterly wages earned by FAU graduate and the average for SUS graduates overall are provided for each occupation as is the difference between the two, expressed as a percentage. Differences of less than 1% are denoted with a dash (-). The occupations projected to grow the fastest and those which are likely to add the most jobs by 2019 in the state were taken directly from the Florida Department of Economic Opportunity s employment projections ( Occupations which do not require a post-secondary education were excluded. The data on the fastest growing occupations and those gaining the most jobs in FAU s service area were compiled by combining the data for workforce regions which cover, Broward, Palm Beach, Martin, St. Lucie, Indian River, Miami-Dade, Monroe and Okeechobee counties. The workforce occupational codes which are the same as the Bureau of Labor Statistics (BLS) Standard Occupation Codes (SOC) were then converted to Classification of Instructional Programs (CIP) codes using a crosswalk published by the BLS ( However, not every occupation could be matched to a major within the SUS system. The conversion to CIP codes made it possible to match FAU majors from the Board of Governor s degree file to occupational codes in order to determine the average quarterly wage for each program/degree combination as provided in the FETPIP reports. Only those combinations for which data on quarterly wages for FAU and one other SUS institution were available are included in the study. The average quarterly wage earned by FAU graduates and the average for SUS graduates overall are provided for each occupation. Since it is possible that more than one major is aligned with a particular occupation code, whenever more than one major is listed the range of quarterly wages is presented. Average ly by Major FETPIP earnings data is organized by major and degree. Although every major/degree combination in the SUS is listed, earnings data is not provided for all the entries. This is particularly true for the graduate degrees for in many majors. FAU has reported wages for 57 major/degree combinations. The wages represent the average fourth-quarter earnings for FAU graduates. Thirty-six of the 57 entries for FAU (63%) had earnings at or above the average quarterly earnings for the SUS systems. Of the remaining 21 programs, 42% were within 5% of the average SUS quarterly wages. Sixteen percent of FAU s entries were above the SUS average by more than 10%, with one program, undergraduate Sociology, having alumni whose earnings were 43% 5

7 above the SUS average. FAU had the highest reported quarterly earnings for 18 degree programs. FAU s baccalaureate programs in Architecture, Criminal Justice, Exercise Science & Health Promotion, Health Administration, Management Information Systems, Marketing, Sociology, Speech Communications & Rhetoric, and Urban & Regional Planning all had the highest reported earnings in the SUS. Similarly, FAU s Masters programs in Accounting, Business Administration, Computer Science, Counselor Education, Mathematics Education, Social Work, and Taxation, as well as the Specialist program in Educational Leadership and the Doctoral program in Nursing all had the highest reported earnings within the SUS. Average ly by Major and Degree for State Universities in Florida Major Degree Level FAU Avg SUS Avg % Difference Accounting Bachelor $10,600 $10,126 6% Accounting* Masters $14,327 $13,645 5% Architecture* Bachelor $9,539 $8,247 16% Art: Comptr Arts in Animation Bachelor $7,198 $7,221 - Bio Sci: Premed/Preprofessional Bachelor $7,744 $6,965 11% Business Admin and Mgmt Bachelor $9,989 $9,499 5% Business Admin and Mgmt* Masters $20,111 $18,569 8% Chemistry Bachelor $7,377 $7,257 2% Civil Engineering Bachelor $10,748 $10,443 3% Computer Information Systems Bachelor $11,826 $12,013-2% Computer Science* Masters $19,711 $18,357 7% Computer Engineering Masters $14,808 $16,900-12% Counselor Education* Masters $10,779 $10,157 6% Criminal Justice* Bachelor $10,423 $8,142 28% Criminal Justice Masters $9,704 $11,910-19% Curriculum and Instruction Masters 11,981 12,269-12% Economics Bachelor $9,396 $9,271 1% Educational Leadership Masters $11,602 $12,015-3% Educational Leadership* Specialist $16,848 $15,731 7% Educational Leadership Doctoral $19,654 $20,192-3% Electrical Engineering Bachelor $11,049 $12,459-11% Elementary Education Bachelor $9,095 $9,101 - Elementary Education Masters $9,838 $10,303-5% English Bachelor $7,687 $7,361 4% English Education Bachelor $9,030 $9,784-8% Exer Sci and Health Promotion* Bachelor $7,076 $6,253 13% 6

8 Major Degree Level FAU Avg SUS Avg % Difference Exer Sci and Health Promotion Masters $8,544 $9,099-6% Finance Bachelor $9,836 $9,603 2% Health Administration* Bachelor $9,031 $8,538 6% Health Administration Masters $11,912 $12,835-7% History Bachelor $7,455 $7,421 - Hospitality Management Bachelor $7,769 $7,335 6% Intl Business and Trade Bachelor $8,877 $9,999-11% Liberal Arts and Science Bachelor $7,125 $6,512 9% Management Information Bachelor $11,632 $10,809 8% Systems* Marketing* Bachelor $9,655 $8,984 7% Mathematics Bachelor $8,044 $8,535-6% Mathematics Education* Masters $12,159 $11,632 5% Mechanical Engineering Bachelor $12,840 $12,608 2% Nursing Bachelor $14,070 $13,453 5% Nursing Masters $18,148 $20,298-11% Nursing* Doctoral $28,537 $25,221 13% Political Science Bachelor $8,163 $7,762 5% Psychology Bachelor $7,040 $7,213-2% Public Administration Bachelor $9,551 $9,787-2% Public Administration Masters $17,519 $12,570 39% Reading Education Masters $10,640 $11,303-6% Social Studies Education Bachelor $8,957 $9,332-4% Social Sciences, General Bachelor $8,664 $8,741-1% Social Work Bachelor $8,015 $7,569 6% Social Work* Masters $9,578 $8,818 9% Sociology* Bachelor $11,131 $7,793 43% Except St Ed: ESOL Endorsement Bachelor $8,133 $9,249-12% Speech Communication & Bachelor $8,252 $8,106 2% Rhetoric* Speech Language Pathology Masters $13,344 $13,494-1% Audiology Taxation* Masters $16,452 $14,653 12% Urban and Regional Planning* Bachelor $12,332 $11,057 12% *Indicates FAU had the highest reported quarterly earnings for the major/degree within the SUS FAU Graduate Programs for the Fastest Growing Occupations The state publishes data on the occupations projected to grow the most proportionally by 2019 within the state as a whole and in various regions. FAU s service area encompasses several Florida Workforce regions. The fastest growing occupations for 7

9 all the workforce regions in FAU s service area were aggregated for the list of fastest growing occupations within the region. Some majors can be linked to a particular discipline using the SOC to CIP crosswalk. Several FAU graduate majors were identified as training for some of the fastest-growing occupations within FAU s service area. The majors may not be the sole pathway into the listed occupations, and, in cases where the crosswalk indicated more than one major, all corresponding FAU majors were included. Biomedical Science, Social Work, English Language and Literature, Creative Writing, Curriculum & Instruction, Counselor Education, Medicine, Theatre Arts, Fine Arts, Music Management, Speech Language Pathology, and Psychology are all majors for which there is a corresponding occupation that is growing quickly in south Florida. FAU remains a relevant and vital source for creating a skilled workforce through its ability to offer graduate programs that are in high demand in its service region. FAU Graduate Majors for Fastest Growing Occupations in FAU s Service Region, by Annual Growth Occupation Major Annual % Growth Medical Scientists, Except Epidemiologists Biomedical Science 4.85 Child, Family, and School Social Workers Social Work 3.79 Marriage and Family Therapists Social Work 3.68 Mental Health and Substance Abuse Social Workers Social Work 3.01 English Language & Literature Teachers, Postsecondary English Language & Literature, Creative Writing 2.89 Instructional Coordinators Curriculum & Instruction 2.84 Medical and Public Health Social Workers Social Work 2.71 Educational, Vocational, and School Counselors Counselor Education 2.65 Family and General Practitioners Medicine 2.57 Art, Drama, and Music Teachers, Postsecondary Theatre Arts, Fine Arts, Music Management 2.48 Health Specialties Teachers, Postsecondary Speech Language Pathology 2.30 Clinical, Counseling, and School Psychologists Psychology 1.46 Speech and Language Pathologists Speech Language Pathology 1.27 Average ly Wages for the Fastest Growing Occupations Labor projections for the fastest-growing occupations within the state and within FAU s service areas provide an opportunity to examine earnings from another perspective. The earnings reported for FAU majors that serve as preparation for the fastest growing occupations were compiled. Statewide 17 occupations could be aligned to FAU 8

10 undergraduate majors with reported earnings data and 17 to FAU graduate programs. Four undergraduate majors and nine graduate majors for which FAU graduates had the highest reported quarterly earnings were among the education requirements for the fastest growing occupations in the state. Average ly by Undergraduate Degree Holders for Fastest Growing Occupations in Florida Occupation FAU Avg SUS Avg Cost Estimators $9,989 - $12,840 $9,499 - $12,608 Market Research Analysts and Marketing Specialists* $9,655 $8,984 Medical and Public Health Social Workers $8,015 $7,569 Network and Computer Systems Architects and Administrators $11,826 $12,013 Database Administrators $11,826 $12,013 Personal Financial Advisors $9,836 $9,603 Management Analysts $9,989 $9,499 Construction Managers $9,989 $9,499 Architects, Except Landscape and Naval* $9,539 $8,247 English Language & Literature Teachers, Postsecondary $7,687 - $9,030 $7,361 - $9,784 Medical and Health Services Managers* $9,031 $8,538 Civil Engineers $10,748 $10,443 Mental Health and Substance Abuse Social Workers $8,015 $7,569 Elementary School Teachers, Except Special Education $9,095 $9,101 Middle School Teachers, Exc. Special & Voc. Education $7,687 - $8,957 $7,671 - $9,332 Computer Systems Analysts $11,826 $12,013 Marketing Managers* $9,655 $8,984 *Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings 9

11 Average ly by Graduate Degree Holders for Fastest Growing Occupations in Florida Occupation FAU Avg SUS Avg Cost Estimators $16,452 $14,653 Business Teachers, Postsecondary* $14,327-$16,452 $13,645 - $14,653 Middle School Teachers, Exc. Special & Voc. Education* $10,640 - $12,159 $11,303 - $11,632 Construction Managers* $16,452 - $17,519 $12,570 - $14,653 Medical and Health Services Managers $11,912 $12,835 Management Analysts* $16,452 $14,653 Computer Systems Analysts* $19,711 $18,357 Software Developers, Applications $14,808 $16,900 Software Developers, Systems Software $14,808 $16,900 Database Administrators* $19,711 $18,357 Network and Computer Systems Architects and Administrators* $19,711 $18,357 Educational, Vocational, and School Counselors* $10,779 $10,157 Medical and Public Health Social Workers* $9,578 $8,818 Mental Health and Substance Abuse Social Workers* $9,578 $8,818 Health Specialties Teachers, Postsecondary $13,344 $13,494 Elementary School Teachers, Except Special Education $9,838 $10,303 Instructional Coordinators $11,981 $12,269 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings 10

12 Average ly by Undergraduate Degree Holders for Fastest Growing Occupations, Regionally Occupation FAU Avg SUS Avg Cost Estimators $9,989 - $12,840 $9,499 - $12,608 Civil Engineers $10,748 $10,443 Aerospace Engineers $11,049 - $12,840 $12,459 - $12,608 Architects, Except Landscape and Naval* $9,539 $8,247 Management Analysts $9,989 $9,499 Construction Managers $9,989 $9,499 Personal Financial Advisors $9,836 $9,603 Marketing Managers* $9,655 $8,984 Medical and Public Health Social Workers $8,015 $7,569 Elementary School Teachers, Except Special Education $9,095 $9,101 Middle School Teachers, Exc. Special & Voc. Education $7,687 - $8,957 $7,671 - $9,332 Sales Managers* $9,655 - $9,989 $8,984 - $9,499 Accountants and Auditors $10,600 $10,126 Electrical Engineers $11,049 $12,459 Financial Analysts $9,836 $9,603 Computer and Information Systems Managers* $11,632 - $11,826 $10,809 - $12,013 Credit Analysts $9,836 - $10,600 $9,603 - $10,126 Medical and Health Services Managers* $9,031 $8,538 Secondary School Teachers, Exc. Special and Voc. Ed. $7,687 - $9,030 $7,361 - $9,784 Child, Family, and School Social Workers $8,015 $7,569 Mechanical Engineers $12,840 $12,608 Administrative Services Managers $9,989 $9,499 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings Of the 22 occupations for which FAU undergraduate majors had reported earnings, five encompassed majors for which FAU has the highest reported average quarterly earnings. There were 18 occupations for which FAU graduate majors had earnings data, and 11 of those occupations were aligned with FAU majors that topped the earnings report. 11

13 Average ly by Graduate Degree Holders for Fastest Growing Occupations, Regionally Occupation FAU Avg SUS Avg Cost Estimators $16,452 $14,653 Health Specialties Teachers, Postsecondary $13,344 $13,494 Management Analysts $16,452 $14,653 Construction Managers $16,452 $14,653 Instructional Coordinators $11,981 $12,269 Medical and Public Health Social Workers* $9,578 $8,818 Elementary School Teachers, Except Special Education $9,838 $10,303 Middle School Teachers, Exc. Special & Voc. Education* $10,640 - $12,159 $11,303 - $11,632 Accountants and Auditors* $14,327 - $16,452 $13,645 - $14,653 Sales Managers* $16,452 $14,653 Educational, Vocational, and School Counselors* $10,779 $10,157 Business Teachers, Postsecondary* $14,327-$16,452 $13,645 - $14,653 Computer and Information Systems Managers* $19,711 $18,357 Credit Analysts* $14,327 $13,645 Medical and Health Services Managers $11,912 $12,835 Secondary School Teachers, Exc. Special and Voc. Ed.* $7,377 - $12,159 $7,257 - $11,632 Child, Family, and School Social Workers* $9,578 $8,818 Administrative Services Managers* $16,452 $14,653 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings FAU Graduate Programs for the Occupations Gaining the Most Jobs While the fastest growing occupations encompassed those occupations projected to grow the most proportionally, the occupations gaining the most jobs relates to those careers projected to add the most positions. There is some overlap between the two projections. However, many of the occupations gaining the most jobs represent large groups where the additional jobs are only a small part of the whole as opposed to some of the fastest growing occupations for which a small population makes the addition of a few jobs a large proportion of the whole. Just as for the fastest growing occupations, some FAU graduate majors could be linked to occupations by crossing from occupational to instruction codes. Social Work, Speech Language Pathology, Medicine, and Curriculum & Instruction are all majors for which there is a corresponding occupation that is gaining the most jobs in south Florida. 12

14 FAU Graduate Majors for Occupations Gaining the Most Jobs in FAU s Service Region, by Annual Growth Occupation Major Annual % Growth Medical and Public Health Social Workers Social Work Health Specialties Teachers, Speech Language 50 Postsecondary Pathology 3.79 Family and General Practitioners Medicine Instructional Coordinators Curriculum & Instruction Number of Jobs Average ly Wages for the Occupations Gaining the Most Jobs Just as with the fastest growing occupations, lists were compiled for the occupations gaining the most jobs in the state for which an FAU undergraduate major was preparation and a separate list for occupations aligned with FAU graduate majors. The regional lists for both levels were also created. Fifteen occupations among those gaining the most jobs in the state of Florida could be aligned to one or more FAU undergraduate majors for which earnings data existed. Four of the occupations were aligned to FAU undergraduate majors with the highest reported earnings in the state. Of 13 occupations gaining the most jobs, nine FAU graduate programs were among the educational requirements and had the highest reported quarterly wages in the SUS. Average ly by Undergraduate Degree Holders for Occupations Gaining the Most Jobs in Florida Occupation FAU Avg SUS Avg Accountants and Auditors $10,600 $10,126 Elementary School Teachers, Except Special Education $9,095 $9,101 Management Analysts $9,899 $9,499 Construction Managers $9,899 $9,499 General and Operations Managers $8,877 - $9,989 $9,499 - $9,999 Middle School Teachers, Exc. Special & Voc. Education $7,687 - $8,957 $7,671 - $9,332 Cost Estimators $9,989 - $12,840 $9,499 - $12,608 Market Research Analysts and Marketing Specialists* $9,655 $8,984 Computer Systems Analysts $11,826 $12,013 Loan Officers $9,836 $9,603 Personal Financial Advisors $9,836 $9,603 Network and Computer Systems Architects and Administrators $11,826 $12,013 Secondary School Teachers, Exc. Special and Voc. Ed. $7,455 - $8,957 $7,421 - $9,332 Civil Engineers $10,748 $10,443 Public Relations Specialists* $8,252 $8,106 13

15 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings Average ly by Graduate Degree Holders for Occupations Gaining the Most Jobs in Florida Occupation FAU Avg SUS Avg Accountants and Auditors* $14,327 - $16,452 $13,645 - $14,653 Elementary School Teachers, Except Special Education $9,838 $10,303 Management Analysts* $16,452 $14,653 Construction Managers* $16,452 $14,653 General and Operations Managers* $16,452 - $17,519 $12,570 - $14,653 Middle School Teachers, Exc. Special & Voc. Education* $10,640 - $12,159 $11,303 - $11,632 Cost Estimators* $12,840 - $16,452 $12,608 - $14,653 Computer Systems Analysts* $19,711 $18,357 Software Developers, Applications $14,808 $16,900 Network and Computer Systems Architects and Administrators* $19,711 $18,357 Software Developers, Systems Software $14,808 $16,900 Secondary School Teachers, Exc. Special and Voc. Ed.* $7,377 - $12,159 $7,257 - $11,632 Health Specialties Teachers, Postsecondary $13,344 $13,494 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings Regionally, there were 16 occupations among those gaining the most jobs for which an FAU undergraduate major serves as preparation and for which FAU quarterly earnings data were available. Four of the occupations included undergraduate majors for which FAU had the highest reported quarterly wages in the SUS. Twelve of the occupations gaining the most jobs by 2019 were found for which an FAU graduate major was considered preparation. Nine occupations encompassed an FAU graduate major which had the highest reported quarterly earnings. Average ly by Undergraduate Degree Holders for Occupations Gaining the Most Jobs, Regionally Occupation FAU Avg SUS Avg Accountants and Auditors $10,600 $10,126 Elementary School Teachers, Except Special Education $9,095 $9,101 Management Analysts $9,989 $9,499 Personal Financial Advisors $9,989 $9,499 Construction Managers $9,989 $9,499 Middle School Teachers, Exc. Special & Voc. Education $7,687 - $8,957 $7,671 - $9,332 14

16 Secondary School Teachers, Exc. Special and Voc. Ed. $7,687 - $9,030 $7,361 - $9,784 Public Relations Specialists* $8,252 $8,106 Cost Estimators $9,989 - $12,840 $9,499 - $12,608 Civil Engineers $10,748 $10,443 Sales Managers* $9,655 - $9,989 $8,984 - $9,499 General and Operations Managers* $8,877 - $9,989 $9,499 - $9,999 Loan Officers $9,989 $9,499 Architects, Except Landscape and Naval* $9,539 $8,247 Financial Managers $9,836 $9,603 Food Service Managers $7,769 $7,335 * Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings 15

17 Average ly by Graduate Degree Holders for Occupations Gaining the Most Jobs, Regionally Occupation FAU Avg SUS Avg Accountants and Auditors* $14,327 - $16,452 $13,645 - $14,653 Elementary School Teachers, Except Special Education $9,838 $10,303 Management Analysts* $16,452 $14,653 Construction Managers* $16,452 $14,653 Middle School Teachers, Exc. Special & Voc. Education* $10,640 - $12,159 $11,303 - $11,632 Secondary School Teachers, Exc. Special and Voc. Ed.* $7,377 - $12,159 $7,257 - $11,632 Health Specialties Teachers, Postsecondary $13,344 $13,494 Cost Estimators* $16,452 $14,653 Sales Managers* $16,452 $14,653 General and Operations Managers* $16,452 - $17,519 $12,570 - $14,653 Educational, Vocational, and School Counselors* $9,578 $8,818 Instructional Coordinators $11,981 $12,269 *Majors for this occupation include at least one in which FAU had the highest reported quarterly earnings Conclusion FAU graduates are, for the most part, earning as much or more than the SUS average in their post-graduation employment. Most (63%) of the FAU major/degree combinations had earnings at or above the average quarterly earnings for the SUS systems. Forty-two percent of the remaining combinations were within 5% of the average SUS quarterly wages. Sixteen percent of FAU s entries exceeded the SUS average by more than 10%. FAU had the highest reported quarterly earnings for 18 degree programs. In terms of the future, a comparison of the average earnings for the occupations projected to grow the fastest and those occupations gaining the most jobs by 2019 shows that FAU graduate degree holders fare better than the undergraduate alumni. More than half of the occupations for which FAU graduate majors were considered preparation included an FAU graduate major with the highest reported earnings in the SUS. However, there were many occupations which encompassed FAU major/degree combinations for which there were no reported earnings data Cunningham, A. (201). The Broader Societal Benefits of Higher Education. Solutions for Our Future Project. /Broader%20Social%20Benefits.pdf Baum, S., & Payea, K. (2005). The Benefits of Higher Education for Individuals and Society. 16