SALARY WINTER 2016 SURVEY 8 STARTING SALARIES FOR NEW COLLEGE GRADUATES DATA REPORTED BY EMPLOYERS SALARIES BY MAJOR BACHELOR S DEGREES 42 SALARIES BY MAJOR MASTER S DEGREES 59 SALARIES BY MAJOR DOCTORAL DEGREES NATIONAL ASSOCIATION OF COLLEGES AND EMPLOYERS WWW.NACEWEB.ORG
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TABLE OF CONTENTS About the Survey... 2 Research Staff...... 2 How to Read Salary Survey...... 3 Executive Summary...... 4 Bachelor s Degrees...... 8 Master s Degrees... 42 Doctoral Degrees.... 59 Appendix... 63 Copyright 2016 by the National Association of Colleges and Employers. No part of this publication may be used, adapted, or reproduced in any manner without written permission. National Association of Colleges and Employers www.naceweb.org Salary Survey 1
About the Survey The Winter 2016 Salary Survey contains annual salary projections for Class of 2016 college graduates. The figures reported are for base salaries only and do not include bonuses, commissions, fringe benefits, or overtime rates. The report provides the detailed salary projections by academic major and degree level, along with breakouts by both industry and geographic region. Data contained in the report were obtained by surveying NACE employer members from August 5, 2015, through November 6, 2015. A total of 274 surveys were returned a 27.4 percent response rate. Of those responding, 14.2 percent of respondents were from the West, 23 percent were from the Northeast, 31 percent were from the Midwest, and 31.8 percent were from the Southeast. A list of respondents by industry and size, and a partial list of organizations that supplied data for this report can be found in the Appendix. Research Staff Director of Research, Public Policy, and Legislative Affairs Edwin W. Koc Research Manager Andrea J. Koncz Research Associate Kenneth C. Tsang Research Assistant Anna Longenberger Salary Survey (ISSN 1520-8648) is available to individuals holding membership in the National Association of Colleges and Employers; it is also available on a subscription basis. The Salary Survey report is published three times a year January, April, and September by the National Association of Colleges and Employers, 62 Highland Ave., Bethlehem, PA 18017-9085. For more information, see www.naceweb.org/salary-resources/index.aspx or contact NACE at 610.868.1421. Salary Survey Issues for the Class of 2016 The Winter issue features starting salary projections by major from employer-provided data. The Winter 2016 report is the first report for the Class of 2016. Data are available by major, industry, and region. There are also data for advanced-degree candidates the report includes data for 40 master s and 16 doctoral degree disciplines. The Fall issue reports data from participating institutions; the data are provided to the schools by their graduates. In this sense, the data are early returns on First-Destination Survey salary data. The report includes data by major and region. The Fall 2016 issue will provide actual starting salary data for the Class of 2016. The Spring issue serves as the final report for the graduating class the previous year s class, that is. The report features data provided through the national First-Destination Survey initiative; the data represent actual, starting salaries (not projections) report by graduates to their institutions. Data are by major and region. The Spring 2016 issue is the final report on starting salaries for the Class of 2015. The Spring 2017 Salary Survey will serve as the final report for the Class of 2016. SALARY DATA FOR THE CLASS OF 2016 Report What Data Source First Report Winter 2016 Pre-graduation projected starting salaries Employers Second Report Fall 2016 Early results, post-graduation actual starting salaries Students/Schools Final Report Spring 2017 Final results, post-graduation actual starting salaries First-Destination Survey (Students/Schools) 2 Salary Survey National Association of Colleges and Employers www.naceweb.org
How to Read Salary Survey BACHELOR S MASTER S DOCTORAL Starting Salary by Academic Major PAGE 9, 43, 61 In this section, you will find the average starting salary according to the major field of study, with no regard to the type of employer reporting the salary. Refer to this section when you want to know the starting salary for a graduate holding a degree in a specific discipline, such as accounting or computer science. Starting Salary by Major and Industry PAGE 15, 47, 61 This section shows data first by the major field of study, then by the type of employer (industry) reporting the salaries. Employer types are listed in alphabetical order under each major. See this section when you want the average starting salary reported by a specific type of employer to a graduate earning a degree in a specific major. (Example: Average salary that chemical (pharmaceutical) manufacturing firms are reporting for electrical engineering graduates.) Starting Salary by Industry and Major PAGE 24, 50, 62 This section contains the same basic information as Starting Salaries by Major and Industry, but in a different order. You will see data by a specific type of employer (industry), then according to the average salary by major field of study. Industries are arranged in alphabetical order. Majors are listed under each industry in the typical report order by broad category, then alphabetical within the category. Use this section to find the average starting salary reported by a specific type of employer to a graduate in a specific major. (Example: Majors hired by construction firms, and their corresponding average starting salaries.) Starting Salary by Region and Major PAGE 33, 54, 62 In this section, you will find the average starting salary according to the major field of study, within the four geographic regions (Northeast, Southeast, Midwest, and West.) The regional data are based upon the participating organizations that supplied information for the majors within each region. The majors are reported in typical report order by broad category, then alphabetical within the category. Averages are provided strictly by major field of study with no regard to the type of employer reporting the salary. Refer to this section when you want to know the starting salary for a graduate holding a degree in a specific discipline in a regional location, such as mechanical engineering majors hired in the West. National Association of Colleges and Employers www.naceweb.org Salary Survey 3
EXECUTIVE SUMMARY 4 Salary Survey National Association of Colleges and Employers www.naceweb.org
SALARY SURVEY WINTER 2016 Projected Starting Salaries for the College Class of 2016 Projected Starting Salaries for Bachelor s Degree Graduates STEM graduates are expected to receive the highest starting salaries, according to results of NACE s Job Outlook 2016 survey, which form the basis for the Winter 2016 Salary Survey report. In addition, more than half of the employers responding to the Job Outlook 2016 survey noted plans to hire 2016 graduates with bachelor s degrees in the STEM fields, making these grads among the mostly highly sought in the class. Bachelor s degree graduates earning engineering degrees are expected to be the most highly paid. (See below.) Their overall average salary projection is $64,891, up 3 percent over the average salary projection of $62,998 for engineering graduates from the Class of 2015. (Note: All of the 15 reported individual engineering disciplines in this report have average salary projections that exceed $60,000, which may explain the high overall average.) Average Salaries by Discipline Bachelor s Degree Broad Category 2016 Average Salary Engineering $64,891 499 Computer Science $61,321 205 Math & Sciences $55,087 83 Business $52,236 619 Agriculture & Natural Resources $48,729 24 Healthcare $48,712 11 Communications $47,047 76 Social Sciences $46,585 69 Humanities $46,065 46 Education $34,891 13 The computer sciences fields are second in terms of starting salary, with an overall average starting salary projected at $61,321. Two of the three reported computer science disciplines also top the $60,000 mark, while the third information science and systems falls just below that mark at $59,810. Degrees in math and sciences are also in high demand by employers; overall, graduates in these fields are expected to average $55,087. Business majors land in the fourth spot in terms of starting salaries, but are most sought-after by employers taking part in the Job Outlook 2016 survey; more than three-quarters of respondents identified business majors as on their list of Class of 2016 majors to hire. Within the business disciplines, management information systems majors, (sometimes also considered a STEM degree) have the highest average projected starting salary of the group at $56,846. Among those earning communications degrees, the average salary projection is $47,047, down 5 percent from last year s projection ($49,395). Driving that drop: All four of the majors reported for this field are projected to attract lower salaries than was the case last year. Advertising majors are expected to experience the sharpest drop; their average salary is projected at $47,500, down from $51,769. National Association of Colleges and Employers www.naceweb.org Salary Survey 5
Projected salaries are also down for those in the social sciences; overall, these graduates are expected to average $46,585, down from last year s projection of $49,047. Within the social sciences, economics majors are expected to earn the highest average starting salary ($49,271). That s down slightly from last year s projected average ($50,832). Humanities majors, however, are projected to see a slight increase: Their projected average salary stands at $46,065, up from $45,042. Data are limited for these graduates, but employers in finance, insurance, and real estate appear to be most interested. Overall, education majors are expected to average $34,891. Unfortunately, there were not enough data available last year to make a comparison to the current projection possible. Projected Starting Salaries for Master s Degree Candidates Engineering graduates are also projected to be the highest-paid at the master s degree level for the Class of 2016. The average overall salary projection for the group is $73,871. (See below.) Average Salaries by Discipline Master s Degree Broad Category 2016 Average Salary Engineering $73,871 224 Computer Science $72,080 87 Business $71,663 221 Math & Sciences $67,891 38 Communications $55,727 11 Social Sciences $52,333 9 Computer science graduates land just after engineering majors, with an overall average salary projection of $72,080 about 1 percent higher than last year s projected average of $71,140 for the Class of 2015. Business majors earning master s degrees are also seeing a higher average salary projection this year, which is up 5.5 percent from last year s average of $67,890 to $71,663. The projected average salaries for both communications and social science majors are down some. The average projected for 2016 communications majors at the master s degree level is $55,727 (compared to $59,130 projected for 2015 master s degree grads); among social sciences majors, the average salary is projected at 52,333, down from $54,816. However, it is important to keep in mind that data are limited for both groups. 6 Salary Survey National Association of Colleges and Employers www.naceweb.org
Projected Salaries for Doctoral Degree Candidates At the doctoral degree level, data are also limited, but computer science majors are projected to pull in the highest overall salary $101,324. (See below.) That s an 8 percent increase over the projection for 2015 computer science graduates at this degree level. Average Salaries by Discipline Doctoral Degree Broad Category 2016 Average Salary Computer Science $101,324 17 Math & Sciences $98,693 16 Engineering $95,055 62 Business $74,459 3 In terms of salary increases, all four of the categories reported here for doctoral degrees are projected to see increases. UPCOMING SALARY REPORTS Watch for updating hiring projections for the Class of 2016 in the Job Outlook 2016 Spring Update coming in April. Starting Salary Data for the Class of 2016: Preliminary, actual starting salary data for the Class of 2016 will be published in the Fall 2016 issue of Salary Survey. Data representing actual starting salaries will be early results gathered through NACE s Class of 2016 First-Destination Survey. Final starting salary data, again representing actual salary salaries gathered through the Class of 2016 First-Destination Survey, will be published in the Spring 2017 issue of Salary Survey. Final Starting Salary Data for the Class of 2015: Featuring actual starting salaries for bachelor s, master s, and doctoral degree level graduates of the Class of 2015, the Spring 2016 Salary Survey will be based on data derived from colleges and universities participating in the Class of 2015 First-Destination Survey and is the final report on starting salaries for the class. National Association of Colleges and Employers www.naceweb.org Salary Survey 7
BACHELOR S DEGREES 8 Salary Survey National Association of Colleges and Employers www.naceweb.org
Salaries by Major Bachelor s Degrees Bachelor s Degrees Salary Ranges by Broad Category 70,000 65,000 60,000 55,000 50,000 45,000 40,000 35,000 $58,250 $48,125 $41,500 $57,756 $52,731 $46,263 $51,684 $45,803 $41,224 $65,820 $61,229 $55,410 $40,000 $36,154 $68,888 $65,067 $60,884 $50,000 $48,545 $45,455 $50,250 $45,033 $40,522 $61,398 $54,822 $46,217 $52,667 $46,283 $40,036 30,000 25,000 Agriculture & Natural Resources Business Communications Computer Science $29,506 Education Engineering Healthcare Humanities Math & Science Social Sciences Academic Major Agriculture and Natural Resources Majors Agricultural Business/Management $51,550 $48,000 $52,000 $57,000 10 Conservation/Natural Resources Management $42,000 $34,000 $35,000 $57,000 3 Animal Science $51,500 $42,000 $53,500 $61,000 4 Food Science $51,250 $42,000 $53,500 $60,500 4 Plant Science $39,000 $26,000 $34,000 $57,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 9
Academic Major Business Majors Accounting $52,405 $47,000 $54,000 $57,000 87 Actuarial Science $54,833 $48,000 $55,000 $65,000 15 Business Administration/Management $51,831 $45,000 $50,250 $55,500 76 Economics $53,673 $46,000 $54,000 $60,000 31 Finance $53,499 $48,000 $54,040 $60,000 82 Hospitality Management $46,469 $40,000 $45,500 $50,000 16 Human Resources $49,075 $44,000 $50,000 $54,040 48 International Business $47,714 $40,250 $47,500 $55,000 28 Logistics/Supply Chain $55,246 $50,000 $55,000 $61,000 61 Management Information Systems $56,846 $52,000 $60,000 $62,000 63 Marketing $49,527 $43,000 $50,000 $55,000 63 Sales $50,122 $43,500 $50,000 $57,000 49 Business Majors Salary Ranges 64,000 62,000 60,000 58,000 56,000 54,000 52,000 50,000 48,000 46,000 44,000 42,000 $57,000 $54,000 $47,000 $55,500 $50,250 $45,000 $60,000 $54,000 $46,000 $60,000 $54,040 $48,000 $61,000 $55,000 $50,000 $62,000 $60,000 $52,000 $55,000 $50,000 $43,000 $57,000 $50,000 $43,500 40,000 Accounting Business Administration Economics Finance Logistics/ Supply Chain Management Information Systems Marketing Sales 10 Salary Survey National Association of Colleges and Employers www.naceweb.org
Academic Major Communications Majors Advertising $47,500 $41,500 $45,000 $52,000 12 Communications $45,708 $40,000 $45,000 $50,000 33 Journalism $49,489 $43,000 $49,000 $58,000 13 Public Relations $47,437 $42,000 $45,500 $50,000 18 Computer Sciences Majors Computer Science $62,675 $56,000 $63,000 $67,000 84 Information Sciences & Systems $59,810 $55,000 $60,000 $65,000 62 Software Applications $60,980 $55,000 $60,000 $65,000 59 Education Majors Elementary Education $34,572 $30,000 $35,000 $40,000 5 Secondary Education $34,572 $30,000 $35,000 $40,000 5 Special Education $35,953 $27,858 $40,000 $40,000 3 Engineering Majors Aerospace/Aeronautical Engineering $63,117 $62,000 $64,000 $68,000 15 Biomedical Engineering $61,108 $58,000 $63,000 $65,000 13 Chemical Engineering $69,196 $64,000 $68,000 $73,000 46 Civil Engineering $61,734 $57,800 $60,446 $65,000 40 Computer Engineering $65,606 $61,500 $65,000 $69,500 44 Electrical Engineering $66,269 $63,000 $65,000 $70,000 73 Engineering Technology $62,814 $58,000 $62,500 $67,000 29 Environmental Engineering $60,375 $55,000 $63,250 $66,500 20 Industrial/Manufacturing Engineering $62,242 $60,000 $64,000 $65,000 44 Materials Engineering/Science $63,478 $60,000 $65,000 $68,000 25 Mechanical Engineering $65,593 $61,000 $65,000 $68,500 84 Nuclear Engineering $62,625 $61,000 $65,500 $68,000 8 Petroleum Engineering $89,563 $81,500 $98,250 $103,500 8 Software Engineering $63,850 $58,000 $65,000 $69,000 25 Systems Engineering $63,378 $60,000 $65,000 $68,000 25 National Association of Colleges and Employers www.naceweb.org Salary Survey 11
Engineering Majors Salary Ranges 105,000 100,000 95,000 $103,500 $98,250 90,000 85,000 80,000 $81,500 75,000 70,000 65,000 60,000 55,000 $68,000 $64,000 $62,000 Aerospace $73,000 $68,000 $64,000 Chemical $65,000 $60,446 $57,800 Civil $69,500 $65,000 $61,500 Computer $70,000 $65,000 $63,000 Electrical $68,500 $65,000 $61,000 Mechanical Petroleum $69,000 $65,000 $58,000 Software Academic Major Healthcare Majors Healthcare Administration $49,083 $45,000 $49,000 $50,000 6 Nursing $48,266 $46,000 $48,000 $50,000 5 Humanities Majors English Language & Literature $45,438 $40,250 $43,500 $48,000 8 Foreign Language & Literature $46,083 $40,000 $43,250 $50,000 6 History $46,286 $40,000 $46,000 $50,500 7 Liberal Arts/General Studies $45,063 $40,000 $45,000 $50,250 16 Philosophy $49,000 $43,000 $48,000 $55,000 4 Visual & Performing Arts $47,600 $42,000 $46,000 $50,000 5 Social Sciences Majors Economics $49,271 $42,350 $50,000 $55,000 40 Political Science/International Relations $47,372 $40,500 $46,000 $55,000 17 Psychology $44,851 $40,000 $45,000 $49,500 18 Sociology $43,110 $37,000 $40,500 $50,000 12 Social Work $43,339 $35,357 $43,000 $50,000 5 12 Salary Survey National Association of Colleges and Employers www.naceweb.org
Humanities Majors Salary Ranges 52,000 50,000 $50,500 $50,250 $50,000 48,000 $48,000 46,000 44,000 42,000 $43,500 $46,000 $45,000 $46,000 $42,000 40,000 $40,250 $40,000 $40,000 38,000 English History Liberal Arts/General Studies Visual & Performing Arts Social Sciences Majors Salary Ranges 56,000 54,000 52,000 $55,000 $55,000 50,000 48,000 $50,000 $49,500 $50,000 $50,000 46,000 44,000 42,000 40,000 $42,350 $46,000 $40,500 $45,000 $40,000 $40,500 $43,000 38,000 36,000 34,000 Economics Political Science Psychology $37,000 Sociology $35,357 Social Work National Association of Colleges and Employers www.naceweb.org Salary Survey 13
Math & Science Majors Salary Ranges 80,000 75,000 70,000 65,000 60,000 55,000 50,000 45,000 $61,000 $55,000 $48,000 $60,000 $52,000 $66,500 $59,000 $45,000 $55,000 $55,000 $60,000 $54,600 $74,000 $64,500 $62,500 40,000 $40,000 $40,000 $40,000 35,000 Math/Statistics Biology Chemistry Construction Science Environmental Science Physics Academic Major Mathematics and Sciences Majors Mathematics/Statistics $56,979 $48,000 $55,000 $61,000 37 Biology/Biological Sciences $51,213 $40,000 $52,000 $60,000 15 Chemistry $55,900 $45,000 $59,000 $66,500 8 Construction Science $50,000 $40,000 $55,000 $55,000 3 Environmental Science $51,514 $40,000 $54,600 $60,000 7 Geology/Geological Sciences $43,200 $40,000 $40,000 $46,000 5 Physics $65,250 $62,500 $64,500 $74,000 8 14 Salary Survey National Association of Colleges and Employers www.naceweb.org
Salaries by Major and Industry Bachelor s Degrees Academic Major/Industry BUSINESS MAJORS Accounting Accounting Services $56,286 $52,500 $56,000 $60,000 7 Chemical (Pharmaceutical) Mfg. $61,833 $57,000 $59,000 $60,000 6 Computer & Electronics Mfg. $53,333 $50,000 $55,000 $55,000 3 Finance, Insurance & Real Estate $52,469 $45,000 $50,250 $55,000 16 Food & Beverage Mfg. $59,667 $57,000 $60,000 $62,000 3 Government $45,907 $42,350 $47,500 $51,000 6 Information $49,250 $43,500 $47,500 $55,000 4 Management Consulting $60,167 $51,500 $62,000 $67,000 3 Misc. Mfg. $54,455 $53,000 $55,000 $56,000 11 Misc. Prof. Services $46,250 $37,500 $50,000 $55,000 4 Retail Trade $48,430 $40,500 $50,500 $54,080 6 Utilities $50,750 $47,000 $53,000 $54,500 4 Wholesale Trade $44,000 $34,000 $40,000 $58,000 3 Actuarial Science Finance, Insurance & Real Estate $56,056 $50,000 $50,500 $56,000 9 Business Administration/Management Chemical (Pharmaceutical) Mfg. $73,500 $62,500 $67,000 $84,500 4 Computer & Electronics Mfg. $58,000 $55,000 $58,000 $62,000 6 Engineering Services $44,600 $34,300 $48,500 $51,000 3 Finance, Insurance & Real Estate $54,233 $46,000 $50,500 $55,000 15 Food & Beverage Mfg. $56,333 $50,000 $57,000 $62,000 3 Government $41,302 $35,104 $43,675 $47,500 4 Information $48,000 $43,500 $45,000 $52,500 4 Management Consulting $53,375 $47,500 $50,750 $59,250 4 Misc. Mfg. $53,143 $48,000 $55,000 $56,000 7 Misc. Prof. Services $40,750 $35,000 $41,500 $46,500 4 Retail Trade $47,731 $45,000 $49,000 $51,000 9 Utilities $48,667 $40,000 $52,000 $54,000 3 Economics Accounting Services $59,167 $56,000 $60,000 $61,500 3 Finance, Insurance & Real Estate $56,286 $46,000 $50,000 $63,000 7 Management Consulting $56,167 $50,000 $51,500 $67,000 3 Retail Trade $45,167 $40,000 $40,500 $55,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 15
Academic Major/Industry Finance Accounting Services $56,125 $53,500 $55,500 $58,750 4 Chemical (Pharmaceutical) Mfg. $61,429 $57,000 $60,000 $69,000 7 Computer & Electronics Mfg. $57,667 $55,000 $58,000 $62,000 6 Finance, Insurance & Real Estate $56,033 $48,000 $55,000 $60,000 15 Food & Beverage Mfg. $57,250 $53,500 $58,500 $61,000 4 Government $42,016 $36,532 $43,675 $47,500 4 Information $50,500 $43,500 $47,500 $57,500 4 Management Consulting $56,375 $48,250 $56,750 $64,500 4 Misc. Mfg. $54,000 $53,000 $55,000 $55,500 8 Misc. Prof. Services $48,750 $37,500 $55,000 $60,000 4 Retail Trade $48,226 $40,500 $50,000 $54,080 7 Utilities $50,333 $45,000 $52,000 $54,000 3 Wholesale Trade $45,333 $34,000 $40,000 $62,000 3 Hospitality Management Finance, Insurance & Real Estate $44,500 $40,000 $44,000 $46,000 6 Retail Trade $46,667 $40,000 $49,000 $51,000 3 Human Resources Chemical (Pharmaceutical) Mfg. $64,333 $53,000 $60,000 $80,000 3 Finance, Insurance & Real Estate $47,143 $45,000 $46,000 $50,000 7 Management Consulting $54,500 $45,000 $51,500 $67,000 3 Misc. Mfg. $54,200 $50,000 $55,000 $57,000 5 Misc. Prof. Services $43,750 $37,500 $50,000 $50,000 4 Retail Trade $47,395 $40,250 $47,290 $54,540 4 Utilities $47,333 $37,000 $52,000 $53,000 3 Wholesale Trade $44,667 $34,000 $40,000 $60,000 3 16 Salary Survey National Association of Colleges and Employers www.naceweb.org
Academic Major/Industry International Business Computer & Electronics Mfg. $56,000 $50,000 $53,000 $65,000 3 Finance, Insurance & Real Estate $48,167 $45,000 $48,000 $50,000 6 Management Consulting $54,500 $45,000 $51,500 $67,000 3 Retail Trade $43,167 $40,000 $40,500 $49,000 3 Wholesale Trade $45,333 $34,000 $40,000 $62,000 3 Logistics/Supply Chain Chemical (Pharmaceutical) Mfg. $64,938 $60,000 $61,500 $67,000 8 Computer & Electronics Mfg. $62,000 $60,000 $63,500 $65,000 6 Finance, Insurance & Real Estate $56,000 $51,000 $55,000 $62,000 6 Food & Beverage Mfg. $57,750 $53,500 $58,000 $62,000 4 Management Consulting $54,500 $45,000 $51,500 $67,000 3 Misc. Mfg. $56,000 $53,000 $55,000 $61,000 7 Retail Trade $48,582 $47,320 $50,000 $51,000 10 Wholesale Trade $46,000 $34,000 $40,000 $58,000 5 Management Information Systems Chemical (Pharmaceutical) Mfg. $69,667 $61,000 $63,000 $85,000 3 Computer & Electronics Mfg. $63,333 $55,000 $65,000 $70,000 3 Finance, Insurance & Real Estate $58,875 $54,000 $58,500 $63,500 12 Food & Beverage Mfg. $60,500 $58,500 $60,000 $62,500 4 Information $53,750 $47,500 $55,000 $60,000 4 Management Consulting $58,200 $55,000 $57,000 $62,000 5 Misc. Mfg. $59,100 $55,000 $61,500 $62,000 5 Retail Trade $50,885 $42,750 $50,540 $57,750 8 Utilities $53,333 $48,000 $52,000 $60,000 3 Wholesale Trade $45,333 $34,000 $40,000 $62,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 17
Academic Major/Industry Marketing Computer & Electronics Mfg. $56,200 $55,000 $55,000 $60,000 5 Finance, Insurance & Real Estate $47,769 $45,000 $46,000 $50,000 13 Food & Beverage Mfg. $63,000 $57,000 $62,000 $70,000 3 Information $45,400 $42,000 $43,000 $45,000 5 Management Consulting $53,375 $47,500 $50,750 $59,250 4 Misc. Mfg. $54,500 $51,500 $54,000 $57,500 4 Misc. Prof. Services $38,250 $30,000 $39,000 $46,500 4 Retail Trade $46,424 $45,000 $47,000 $49,000 9 Wholesale Trade $45,333 $34,000 $40,000 $62,000 3 Sales Chemical (Pharmaceutical) Mfg. $56,714 $47,500 $57,000 $69,000 7 Computer & Electronics Mfg. $55,750 $50,000 $56,500 $61,500 4 Finance, Insurance & Real Estate $48,400 $40,000 $45,000 $55,000 10 Food & Beverage Mfg. $56,000 $55,000 $56,000 $57,000 3 Information $51,667 $45,000 $50,000 $60,000 3 Misc. Mfg. $46,750 $40,000 $48,500 $53,500 4 Retail Trade $46,700 $40,500 $49,000 $51,000 5 Wholesale Trade $45,250 $37,000 $42,500 $53,500 4 Communications COMMUNICATIONS MAJORS Finance, Insurance & Real Estate $47,000 $45,000 $46,000 $50,000 9 Information $43,333 $42,000 $43,000 $45,000 3 Misc. Prof. Services $40,250 $34,000 $41,500 $46,500 4 Retail Trade $44,875 $42,750 $45,000 $47,000 4 Journalism Finance, Insurance & Real Estate $51,333 $46,000 $50,000 $58,000 3 Public Relations Finance, Insurance & Real Estate $47,750 $45,500 $48,000 $50,000 4 18 Salary Survey National Association of Colleges and Employers www.naceweb.org
Academic Major/Industry Computer Science COMPUTER SCIENCES MAJORS Chemical (Pharmaceutical) Mfg. $67,750 $61,500 $63,000 $74,000 4 Computer & Electronics Mfg. $75,250 $65,000 $72,000 $79,000 8 Engineering Services $64,600 $55,000 $66,000 $72,800 3 Finance, Insurance & Real Estate $59,893 $55,000 $58,500 $65,000 14 Food & Beverage Mfg. $54,250 $45,000 $61,000 $63,500 4 Information $67,000 $65,000 $65,000 $67,000 6 Management Consulting $60,750 $57,500 $61,500 $64,000 4 Misc. Mfg. $61,917 $60,000 $62,250 $65,000 6 Misc. Prof. Services $67,340 $64,000 $69,500 $79,400 10 Oil & Gas Extraction $61,333 $54,000 $65,000 $65,000 3 Retail Trade $58,504 $57,020 $60,000 $60,000 5 Transportation $57,033 $46,100 $60,000 $65,000 3 Utilities $64,000 $58,000 $62,000 $72,000 3 Information Sciences & Systems Chemical (Pharmaceutical) Mfg. $61,750 $60,500 $62,000 $63,000 4 Computer & Electronics Mfg. $68,000 $62,500 $66,000 $73,500 4 Finance, Insurance & Real Estate $56,682 $50,500 $57,000 $62,000 11 Food & Beverage Mfg. $62,500 $60,500 $62,000 $65,000 3 Information $64,600 $60,000 $63,000 $65,000 5 Management Consulting $60,750 $57,500 $61,500 $64,000 4 Misc. Mfg. $59,500 $55,000 $61,500 $64,000 4 Misc. Prof. Services $61,714 $55,000 $64,000 $76,000 7 Retail Trade $57,604 $55,500 $57,020 $60,000 5 Utilities $63,333 $58,000 $60,000 $72,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 19
Academic Major/Industry Software Applications Computer & Electronics Mfg. $68,800 $62,000 $65,000 $77,000 5 Finance, Insurance & Real Estate $56,850 $50,500 $58,500 $62,000 10 Information $67,000 $65,000 $65,000 $67,000 6 Management Consulting $60,750 $57,500 $61,500 $64,000 4 Misc. Mfg. $60,750 $55,000 $61,500 $66,500 4 Misc. Prof. Services $65,500 $57,500 $69,000 $78,000 8 Retail Trade $63,005 $58,510 $60,000 $67,500 4 Utilities $64,667 $58,000 $64,000 $72,000 3 Aerospace/Aeronautical Engineering ENGINEERING MAJORS Misc. Mfg. $62,600 $62,000 $63,000 $65,000 5 Biomedical Engineering Computer & Electronics Mfg. $62,333 $60,000 $62,000 $65,000 3 Chemical Engineering Chemical (Pharmaceutical) Mfg. $73,318 $65,000 $73,000 $77,500 11 Computer & Electronics Mfg. $67,600 $65,000 $67,000 $70,000 5 Engineering Services $65,750 $58,000 $69,000 $73,500 4 Finance, Insurance & Real Estate $71,000 $65,000 $68,000 $80,000 3 Food & Beverage Mfg. $66,750 $64,000 $68,500 $69,500 4 Misc. Mfg. $65,786 $62,000 $65,000 $70,000 7 Oil & Gas Extraction $83,667 $66,000 $80,000 $105,000 3 Civil Engineering Construction $59,875 $58,000 $60,000 $61,000 8 Engineering Services $59,595 $55,580 $58,800 $65,000 8 Misc. Mfg. $61,600 $60,000 $60,000 $65,000 5 Utilities $66,250 $63,500 $65,500 $69,000 4 20 Salary Survey National Association of Colleges and Employers www.naceweb.org
Academic Major/Industry Computer Engineering Computer & Electronics Mfg. $69,833 $66,000 $70,000 $72,000 6 Finance, Insurance & Real Estate $70,000 $65,000 $66,500 $70,000 6 Information $61,600 $56,000 $65,000 $65,000 5 Misc. Mfg. $62,250 $60,500 $62,000 $64,000 4 Misc. Prof. Services $72,167 $60,000 $69,000 $85,000 6 Utilities $66,000 $62,000 $64,000 $72,000 3 Electrical Engineering Chemical (Pharmaceutical) Mfg. $76,917 $73,000 $76,250 $85,000 6 Computer & Electronics Mfg. $71,417 $64,500 $68,000 $73,500 12 Engineering Services $61,287 $59,280 $61,000 $66,000 9 Finance, Insurance & Real Estate $71,000 $65,000 $68,000 $80,000 3 Food & Beverage Mfg. $69,333 $69,000 $69,000 $70,000 3 Misc. Mfg. $64,667 $60,000 $64,000 $67,250 12 Misc. Prof. Services $61,233 $60,000 $62,000 $74,000 6 Utilities $66,400 $65,000 $66,000 $67,000 5 Wholesale Trade $59,100 $51,000 $63,500 $67,200 4 Engineering Technology Finance, Insurance & Real Estate $71,250 $65,000 $65,000 $77,500 4 Misc. Mfg. $63,667 $60,000 $63,000 $68,000 6 Utilities $65,500 $62,000 $62,500 $72,000 3 Environmental Engineering Engineering Services $55,667 $49,000 $50,000 $68,000 3 Utilities $66,333 $62,000 $65,000 $72,000 3 Industrial/Manufacturing Engineering Chemical (Pharmaceutical) Mfg. $62,667 $60,000 $63,000 $65,000 3 Computer & Electronics Mfg. $63,857 $63,000 $65,000 $65,000 7 Finance, Insurance & Real Estate $69,500 $65,000 $66,500 $74,000 4 Food & Beverage Mfg. $63,000 $55,000 $67,000 $67,000 3 Misc. Mfg. $61,571 $60,000 $62,500 $65,000 14 Wholesale Trade $58,133 $40,000 $65,000 $69,400 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 21
Academic Major/Industry Materials Engineering/Science Computer & Electronics Mfg. $68,000 $65,000 $68,000 $71,000 4 Finance, Insurance & Real Estate $71,000 $65,000 $68,000 $80,000 3 Misc. Mfg. $61,750 $60,000 $62,500 $65,000 10 Mechanical Engineering Chemical (Pharmaceutical) Mfg. $72,864 $65,000 $73,000 $77,500 11 Computer & Electronics Mfg. $66,636 $64,000 $66,000 $70,000 11 Construction $63,200 $62,000 $64,000 $64,000 5 Engineering Services $60,625 $54,000 $64,000 $65,500 8 Finance, Insurance & Real Estate $64,700 $60,000 $65,000 $68,000 5 Food & Beverage Mfg. $65,250 $61,000 $68,000 $69,500 4 Misc. Mfg. $62,988 $60,000 $63,000 $65,000 17 Oil & Gas Extraction $88,333 $58,000 $102,000 $105,000 3 Utilities $66,250 $63,500 $65,500 $69,000 4 Wholesale Trade $58,133 $40,000 $65,000 $69,400 3 Nuclear Engineering Utilities $67,000 $62,000 $67,000 $72,000 3 Petroleum Engineering Oil & Gas Extraction $102,700 $100,000 $102,000 $105,000 5 Software Engineering Computer & Electronics Mfg. $70,000 $65,000 $70,000 $75,000 3 Finance, Insurance & Real Estate $67,214 $62,000 $65,000 $70,000 7 Systems Engineering Finance, Insurance & Real Estate $65,000 $63,500 $65,000 $66,500 4 Information $59,333 $55,000 $58,000 $65,000 3 Misc. Mfg. $64,200 $60,000 $65,000 $68,000 5 English Language & Literature HUMANITIES MAJORS Finance, Insurance & Real Estate $45,750 $43,500 $45,500 $48,000 4 History Finance, Insurance & Real Estate $45,875 $41,500 $48,000 $50,250 4 22 Salary Survey National Association of Colleges and Employers www.naceweb.org
Academic Major/Industry Liberal Arts/General Studies Finance, Insurance & Real Estate $44,750 $40,000 $45,500 $50,000 6 Visual & Performing Arts Finance, Insurance & Real Estate $46,000 $42,000 $46,000 $50,000 3 Economics SOCIAL SCIENCES MAJORS Finance, Insurance & Real Estate $51,433 $45,000 $50,000 $55,000 15 Political Science/International Relations Finance, Insurance & Real Estate $47,125 $41,500 $48,250 $52,750 4 Psychology Finance, Insurance & Real Estate $46,600 $45,000 $46,000 $50,000 5 Sociology Finance, Insurance & Real Estate $43,600 $37,000 $46,000 $50,000 5 Social Work Finance, Insurance & Real Estate $44,000 $38,000 $48,000 $50,000 4 Mathematics/Statistics MATHEMATICS AND SCIENCES MAJORS Computer & Electronics Mfg. $74,750 $61,500 $64,000 $88,000 4 Finance, Insurance & Real Estate $54,643 $48,000 $53,500 $60,000 14 Misc. Prof. Services $65,750 $59,500 $67,000 $72,000 4 Chemistry Chemical (Pharmaceutical) Mfg. $55,400 $37,200 $60,000 $69,000 3 Physics Computer & Electronics Manufacturing $66,625 $62,250 $66,250 $71,000 4 Finance, Insurance & Real Estate $53,667 $50,000 $51,000 $60,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 23
Salaries by Industry and Major Bachelor s Degrees Top-Paying Industries Oil & Gas Extraction $86,679 14 Chemical (Pharmaceutical) Manufacturing $66,940 80 Computer & Electronics Manufacturing $65,444 108 Construction $61,154 13 Food & Beverage Manufacturing $60,811 45 Average Salary Projection Number of Salary Projections Industry/Academic Major ACCOUNTING SERVICES Business Majors Accounting $56,286 $52,500 $56,000 $60,000 7 Economics $59,167 $56,000 $60,000 $61,500 3 Finance $56,125 $53,500 $55,500 $58,750 4 CHEMICAL (PHARMACEUTICAL) MANUFACTURING Business Majors Accounting $61,833 $57,000 $59,000 $60,000 6 Business Administration/Management $73,500 $62,500 $67,000 $84,500 4 Finance $61,429 $57,000 $60,000 $69,000 7 Human Resources $64,333 $53,000 $60,000 $80,000 3 Logistics/Supply Chain $64,938 $60,000 $61,500 $67,000 8 Management Information Systems $69,667 $61,000 $63,000 $85,000 3 Sales $56,714 $47,500 $57,000 $69,000 7 24 Salary Survey National Association of Colleges and Employers www.naceweb.org
Industry/Academic Major Computer Sciences Majors Computer Science $67,750 $61,500 $63,000 $74,000 4 Information Sciences & Systems $61,750 $60,500 $62,000 $63,000 4 Engineering Majors Chemical Engineering $73,318 $65,000 $73,000 $77,500 11 Electrical Engineering $76,917 $73,000 $76,250 $85,000 6 Industrial/Manufacturing Engineering $62,667 $60,000 $63,000 $65,000 3 Mechanical Engineering $72,864 $65,000 $73,000 $77,500 11 Mathematics and Sciences Majors Chemistry $55,400 $37,200 $60,000 $69,000 3 COMPUTER & ELECTRONICS MANUFACTURING Business Majors Accounting $53,333 $50,000 $55,000 $55,000 3 Business Administration/Management $58,000 $55,000 $58,000 $62,000 6 Finance $57,667 $55,000 $58,000 $62,000 6 International Business $56,000 $50,000 $53,000 $65,000 3 Logistics/Supply Chain $62,000 $60,000 $63,500 $65,000 6 Management Information Systems $63,333 $55,000 $65,000 $70,000 3 Marketing $56,200 $55,000 $55,000 $60,000 5 Sales $55,750 $50,000 $56,500 $61,500 4 Computer Sciences Majors Computer Science $75,250 $65,000 $72,000 $79,000 8 Information Sciences & Systems $68,000 $62,500 $66,000 $73,500 4 Software Applications $68,800 $62,000 $65,000 $77,000 5 Engineering Majors Biomedical Engineering $62,333 $60,000 $62,000 $65,000 3 Chemical Engineering $67,600 $65,000 $67,000 $70,000 5 Computer Engineering $69,833 $66,000 $70,000 $72,000 6 Electrical Engineering $71,417 $64,500 $68,000 $73,500 12 Industrial/Manufacturing Engineering $63,857 $63,000 $65,000 $65,000 7 Materials Engineering/Science $68,000 $65,000 $68,000 $71,000 4 Mechanical Engineering $66,636 $64,000 $66,000 $70,000 11 Software Engineering $70,000 $65,000 $70,000 $75,000 3 Mathematics and Sciences Majors Mathematics/Statistics $74,750 $61,500 $64,000 $88,000 4 National Association of Colleges and Employers www.naceweb.org Salary Survey 25
Industry/Academic Major CONSTRUCTION Engineering Majors Civil Engineering $59,875 $58,000 $60,000 $61,000 8 Mechanical Engineering $63,200 $62,000 $64,000 $64,000 5 ENGINEERING SERVICES Business Majors Business Administration/Management $44,600 $34,300 $48,500 $51,000 3 Computer Sciences Majors Computer Science $64,600 $55,000 $66,000 $72,800 3 Engineering Majors Chemical Engineering $65,750 $58,000 $69,000 $73,500 4 Civil Engineering $59,595 $55,580 $58,800 $65,000 8 Electrical Engineering $61,287 $59,280 $61,000 $66,000 9 Environmental Engineering $55,667 $49,000 $50,000 $68,000 3 Mechanical Engineering $60,625 $54,000 $64,000 $65,500 8 FINANCE, INSURANCE & REAL ESTATE Business Majors Accounting $52,469 $45,000 $50,250 $55,000 16 Actuarial Science $56,056 $50,000 $50,500 $56,000 9 Business Administration/Management $54,233 $46,000 $50,500 $55,000 15 Economics $56,286 $46,000 $50,000 $63,000 7 Finance $56,033 $48,000 $55,000 $60,000 15 Hospitality Management $44,500 $40,000 $44,000 $46,000 6 Human Resources $47,143 $45,000 $46,000 $50,000 7 International Business $48,167 $45,000 $48,000 $50,000 6 Logistics/Supply Chain $56,000 $51,000 $55,000 $62,000 6 Management Information Systems $58,875 $54,000 $58,500 $63,500 12 Marketing $47,769 $45,000 $46,000 $50,000 13 Sales $48,400 $40,000 $45,000 $55,000 10 Communications Majors Communications $47,000 $45,000 $46,000 $50,000 9 Journalism $51,333 $46,000 $50,000 $58,000 3 Public Relations $47,750 $45,500 $48,000 $50,000 4 26 Salary Survey National Association of Colleges and Employers www.naceweb.org
Industry/Academic Major Computer Sciences Majors Computer Science $59,893 $55,000 $58,500 $65,000 14 Information Sciences & Systems $56,682 $50,500 $57,000 $62,000 11 Software Applications $56,850 $50,500 $58,500 $62,000 10 Engineering Majors Chemical Engineering $71,000 $65,000 $68,000 $80,000 3 Computer Engineering $70,000 $65,000 $66,500 $70,000 6 Electrical Engineering $71,000 $65,000 $68,000 $80,000 3 Engineering Technology $71,250 $65,000 $65,000 $77,500 4 Industrial/Manufacturing Engineering $69,500 $65,000 $66,500 $74,000 4 Materials Engineering/Science $71,000 $65,000 $68,000 $80,000 3 Mechanical Engineering $64,700 $60,000 $65,000 $68,000 5 Software Engineering $67,214 $62,000 $65,000 $70,000 7 Systems Engineering $65,000 $63,500 $65,000 $66,500 4 Humanities Majors English Language & Literature $45,750 $43,500 $45,500 $48,000 4 History $45,875 $41,500 $48,000 $50,250 4 Liberal Arts/General Studies $44,750 $40,000 $45,500 $50,000 6 Visual & Performing Arts $46,000 $42,000 $46,000 $50,000 3 Social Sciences Majors Economics $51,433 $45,000 $50,000 $55,000 15 Political Science/International Relations $47,125 $41,500 $48,250 $52,750 4 Psychology $46,600 $45,000 $46,000 $50,000 5 Sociology $43,600 $37,000 $46,000 $50,000 5 Social Work $44,000 $38,000 $48,000 $50,000 4 Mathematics and Sciences Majors Mathematics/Statistics $54,643 $48,000 $53,500 $60,000 14 FOOD & BEVERAGE MANUFACTURING Business Majors Accounting $59,667 $57,000 $60,000 $62,000 3 Business Administration/Management $56,333 $50,000 $57,000 $62,000 3 Finance $57,250 $53,500 $58,500 $61,000 4 Logistics/Supply Chain $57,750 $53,500 $58,000 $62,000 4 Management Information Systems $60,500 $58,500 $60,000 $62,500 4 Marketing $63,000 $57,000 $62,000 $70,000 3 Sales $56,000 $55,000 $56,000 $57,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 27
Industry/Academic Major Computer Sciences Majors Computer Science $54,250 $45,000 $61,000 $63,500 4 Information Sciences & Systems $62,500 $60,500 $62,000 $65,000 3 Engineering Majors Chemical Engineering $66,750 $64,000 $68,500 $69,500 4 Electrical Engineering $69,333 $69,000 $69,000 $70,000 3 Industrial/Manufacturing Engineering $63,000 $55,000 $67,000 $67,000 3 Mechanical Engineering $65,250 $61,000 $68,000 $69,500 4 GOVERNMENT Business Majors Accounting $45,907 $42,350 $47,500 $51,000 6 Business Administration/Management $41,302 $35,104 $43,675 $47,500 4 Finance $42,016 $36,532 $43,675 $47,500 4 INFORMATION Business Majors Accounting $49,250 $43,500 $47,500 $55,000 4 Business Administration/Management $48,000 $43,500 $45,000 $52,500 4 Finance $50,500 $43,500 $47,500 $57,500 4 Management Information Systems $53,750 $47,500 $55,000 $60,000 4 Marketing $45,400 $42,000 $43,000 $45,000 5 Sales $51,667 $45,000 $50,000 $60,000 3 Communications Majors Communications $43,333 $42,000 $43,000 $45,000 3 Computer Sciences Majors Computer Science $67,000 $65,000 $65,000 $67,000 6 Information Sciences & Systems $64,600 $60,000 $63,000 $65,000 5 Software Applications $67,000 $65,000 $65,000 $67,000 6 Engineering Majors Computer Engineering $61,600 $56,000 $65,000 $65,000 5 Systems Engineering $59,333 $55,000 $58,000 $65,000 3 28 Salary Survey National Association of Colleges and Employers www.naceweb.org
Industry/Academic Major MANAGEMENT CONSULTING Business Majors Accounting $60,167 $51,500 $62,000 $67,000 3 Business Administration/Management $53,375 $47,500 $50,750 $59,250 4 Economics $56,167 $50,000 $51,500 $67,000 3 Finance $56,375 $48,250 $56,750 $64,500 4 Human Resources $54,500 $45,000 $51,500 $67,000 3 International Business $54,500 $45,000 $51,500 $67,000 3 Logistics/Supply Chain $54,500 $45,000 $51,500 $67,000 3 Management Information Systems $58,200 $55,000 $57,000 $62,000 5 Marketing $53,375 $47,500 $50,750 $59,250 4 Computer Sciences Majors Computer Science $60,750 $57,500 $61,500 $64,000 4 Information Sciences & Systems $60,750 $57,500 $61,500 $64,000 4 Software Applications $60,750 $57,500 $61,500 $64,000 4 MISCELLANEOUS MANUFACTURING Business Majors Accounting $54,455 $53,000 $55,000 $56,000 11 Business Administration/Management $53,143 $48,000 $55,000 $56,000 7 Finance $54,000 $53,000 $55,000 $55,500 8 Human Resources $54,200 $50,000 $55,000 $57,000 5 Logistics/Supply Chain $56,000 $53,000 $55,000 $61,000 7 Management Information Systems $59,100 $55,000 $61,500 $62,000 5 Marketing $54,500 $51,500 $54,000 $57,500 4 Sales $46,750 $40,000 $48,500 $53,500 4 Computer Sciences Majors Computer Science $61,917 $60,000 $62,250 $65,000 6 Information Sciences & Systems $59,500 $55,000 $61,500 $64,000 4 Software Applications $60,750 $55,000 $61,500 $66,500 4 National Association of Colleges and Employers www.naceweb.org Salary Survey 29
Industry/Academic Major Engineering Majors Aerospace/Aeronautical Engineering $62,600 $62,000 $63,000 $65,000 5 Chemical Engineering $65,786 $62,000 $65,000 $70,000 7 Civil Engineering $61,600 $60,000 $60,000 $65,000 5 Computer Engineering $62,250 $60,500 $62,000 $64,000 4 Electrical Engineering $64,667 $60,000 $64,000 $67,250 12 Engineering Technology $63,667 $60,000 $63,000 $68,000 6 Industrial/Manufacturing Engineering $61,571 $60,000 $62,500 $65,000 14 Materials Engineering/Science $61,750 $60,000 $62,500 $65,000 10 Mechanical Engineering $62,988 $60,000 $63,000 $65,000 17 Systems Engineering $64,200 $60,000 $65,000 $68,000 5 MISCELLANEOUS PROFESSIONAL SERVICES Business Majors Accounting $46,250 $37,500 $50,000 $55,000 4 Business Administration/Management $40,750 $35,000 $41,500 $46,500 4 Finance $48,750 $37,500 $55,000 $60,000 4 Human Resources $43,750 $37,500 $50,000 $50,000 4 Marketing $38,250 $30,000 $39,000 $46,500 4 Communications Majors Communications $40,250 $34,000 $41,500 $46,500 4 Computer Sciences Majors Computer Science $67,340 $64,000 $69,500 $79,400 10 Information Sciences & Systems $61,714 $55,000 $64,000 $76,000 7 Software Applications $65,500 $57,500 $69,000 $78,000 8 Engineering Majors Computer Engineering $72,167 $60,000 $69,000 $85,000 6 Electrical Engineering $61,233 $60,000 $62,000 $74,000 6 Mathematics and Sciences Majors Mathematics/Statistics $65,750 $59,500 $67,000 $72,000 4 OIL & GAS EXTRACTION Computer Sciences Majors Computer Science $61,333 $54,000 $65,000 $65,000 3 Engineering Majors Chemical Engineering $83,667 $66,000 $80,000 $105,000 3 Mechanical Engineering $88,333 $58,000 $102,000 $105,000 3 Petroleum Engineering $102,700 $100,000 $102,000 $105,000 5 30 Salary Survey National Association of Colleges and Employers www.naceweb.org
Industry/Academic Major RETAIL TRADE Business Majors Accounting $48,430 $40,500 $50,500 $54,080 6 Business Administration/Management $47,731 $45,000 $49,000 $51,000 9 Economics $45,167 $40,000 $40,500 $55,000 3 Finance $48,226 $40,500 $50,000 $54,080 7 Hospitality Management $46,667 $40,000 $49,000 $51,000 3 Human Resources $47,395 $40,250 $47,290 $54,540 4 International Business $43,167 $40,000 $40,500 $49,000 3 Logistics/Supply Chain $48,582 $47,320 $50,000 $51,000 10 Management Information Systems $50,885 $42,750 $50,540 $57,750 8 Marketing $46,424 $45,000 $47,000 $49,000 9 Sales $46,700 $40,500 $49,000 $51,000 5 Communications Majors Communications $44,875 $42,750 $45,000 $47,000 4 Computer Sciences Majors Computer Science $58,504 $57,020 $60,000 $60,000 5 Information Sciences & Systems $57,604 $55,500 $57,020 $60,000 5 Software Applications $63,005 $58,510 $60,000 $67,500 4 TRANSPORTATION Computer Sciences Majors Computer Science $57,033 $46,100 $60,000 $65,000 3 UTILITIES Business Majors Accounting $50,750 $47,000 $53,000 $54,500 4 Business Administration/Management $48,667 $40,000 $52,000 $54,000 3 Finance $50,333 $45,000 $52,000 $54,000 3 Human Resources $47,333 $37,000 $52,000 $53,000 3 Management Information Systems $53,333 $48,000 $52,000 $60,000 3 Computer Sciences Majors Computer Science $64,000 $58,000 $62,000 $72,000 3 Information Sciences & Systems $63,333 $58,000 $60,000 $72,000 3 Software Applications $64,667 $58,000 $64,000 $72,000 3 National Association of Colleges and Employers www.naceweb.org Salary Survey 31
Industry/Academic Major Civil Engineering $66,250 $63,500 $65,500 $69,000 4 Computer Engineering $66,000 $62,000 $64,000 $72,000 3 Electrical Engineering $66,400 $65,000 $66,000 $67,000 5 Engineering Technology $65,500 $62,000 $62,500 $72,000 3 Environmental Engineering $66,333 $62,000 $65,000 $72,000 3 Mechanical Engineering $66,250 $63,500 $65,500 $69,000 4 Nuclear Engineering $67,000 $62,000 $67,000 $72,000 3 WHOLESALE TRADE Business Majors Accounting $44,000 $34,000 $40,000 $58,000 3 Finance $45,333 $34,000 $40,000 $62,000 3 Human Resources $44,667 $34,000 $40,000 $60,000 3 International Business $45,333 $34,000 $40,000 $62,000 3 Logistics/Supply Chain $46,000 $34,000 $40,000 $58,000 5 Management Information Systems $45,333 $34,000 $40,000 $62,000 3 Marketing $45,333 $34,000 $40,000 $62,000 3 Sales $45,250 $37,000 $42,500 $53,500 4 Engineering Majors Electrical Engineering $59,100 $51,000 $63,500 $67,200 4 Industrial/Manufacturing Engineering $58,133 $40,000 $65,000 $69,400 3 Mechanical Engineering $58,133 $40,000 $65,000 $69,400 3 32 Salary Survey National Association of Colleges and Employers www.naceweb.org
Salaries by Region and Major Bachelor s Degrees Region/Academic Major NORTHEAST Agriculture and Natural Resources Majors Agricultural Business/Management $59,667 $52,000 $62,000 $65,000 3 Business Majors Accounting $53,285 $50,000 $55,000 $60,000 17 Actuarial Science $54,125 $52,750 $55,000 $55,500 4 Business Administration/Management $53,660 $46,000 $52,000 $60,000 21 Economics $59,150 $50,000 $60,000 $62,000 9 Finance $56,093 $50,250 $55,000 $60,000 20 Hospitality Management $48,667 $45,000 $46,000 $55,000 3 Human Resources $49,706 $45,000 $50,000 $55,000 9 International Business $54,500 $50,000 $55,000 $62,000 6 Logistics/Supply Chain $57,733 $53,000 $55,000 $65,000 15 Management Information Systems $57,286 $50,500 $60,000 $62,000 14 Marketing $52,471 $45,000 $50,000 $60,000 17 Sales $55,500 $49,500 $55,500 $63,500 12 Communications Majors Advertising $50,750 $44,000 $50,000 $57,500 4 Communications $46,556 $43,000 $45,000 $50,000 9 Journalism $52,667 $43,000 $55,000 $60,000 3 Public Relations $48,571 $43,000 $45,000 $55,000 7 Computer Sciences Majors Computer Science $63,107 $60,000 $62,500 $65,000 14 Information Sciences & Systems $61,346 $60,000 $60,500 $64,000 13 Software Applications $62,773 $60,000 $60,000 $65,000 11 Engineering Majors Biomedical Engineering $65,567 $62,000 $67,200 $72,000 6 Chemical Engineering $69,917 $66,500 $72,000 $75,000 12 Civil Engineering $63,000 $56,000 $62,000 $65,000 11 Computer Engineering $66,286 $62,000 $65,000 $72,000 7 Electrical Engineering $67,493 $64,000 $69,000 $72,000 15 Engineering Technology $65,350 $63,500 $65,000 $67,200 4 Environmental Engineering $57,500 $50,000 $58,500 $65,000 6 Industrial/Manufacturing Engineering $65,486 $65,000 $65,000 $67,000 7 National Association of Colleges and Employers www.naceweb.org Salary Survey 33
Region/Academic Major Engineering Majors (continued) Materials Engineering/Science $67,080 $65,000 $67,000 $69,400 5 Mechanical Engineering $66,112 $62,000 $67,000 $72,000 17 Software Engineering $59,875 $56,250 $62,000 $63,500 4 Systems Engineering $68,733 $65,000 $67,200 $74,000 6 Humanities Majors English Language & Literature $50,000 $40,000 $50,000 $60,000 3 Foreign Language & Literature $50,000 $40,000 $50,000 $60,000 3 History $53,500 $50,000 $50,500 $60,000 3 Liberal Arts/General Studies $49,786 $42,000 $50,000 $60,000 7 Social Sciences Majors Economics $52,975 $50,000 $52,750 $60,000 6 Political Science/International Relations $52,570 $50,500 $55,000 $55,000 5 Psychology $51,250 $45,000 $52,500 $57,500 4 Sociology $51,667 $40,000 $55,000 $60,000 3 Social Work $50,000 $40,000 $50,000 $60,000 3 Mathematics and Sciences Majors Mathematics/Statistics $62,435 $55,000 $60,000 $65,000 10 Biology/Biological Sciences $60,000 $58,000 $63,000 $65,000 5 Chemistry $64,667 $58,000 $67,000 $69,000 3 Environmental Science $57,667 $50,000 $58,000 $65,000 3 Physics $66,333 $62,000 $63,000 $74,000 3 Average Salaries by Broad Category Northeast Broad Category 2016 Average Salary Business $54,760 147 Communications $48,696 23 Computer Science $62,408 38 Engineering $65,778 100 Humanities $50,563 16 Social Sciences $51,938 21 Math & Sciences $62,098 24 34 Salary Survey National Association of Colleges and Employers www.naceweb.org