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  • Top Salaries for Class of 2016 Advanced Degree Grads

    August 02, 2017 | By NACE Staff

    Compensation
    Two advanced degree college graduates smile on graduation day.

    TAGS: compensation, salaries, trends and predictions, surveys, spotlight

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    Engineering technologies graduates were the top earners among Class of 2016 master’s degree graduates, while, at the doctoral level, graduates earning degrees in business, management, marketing, and related support services earned the highest average starting salary, according to results of NACE's Spring 2017 Salary Survey, the final report for the class.

    At the master’s degree level, engineering technologies graduates earned an average starting salary of $83,230, followed closely by multi/interdisciplinary studies majors at $82,110, computer and information sciences and support services at $81,619, and legal studies majors at $81,273.

    Computer and information sciences and support services majors also earned a high average starting salary of $115,925 at the doctoral level. However, they were second on the list of top average salaries to business, management, marketing, and related support services graduates, whose salaries averaged $116,798. Also among the top earners were transportation and materials moving majors ($95,693) and public administration and social service professions majors ($91,035).

    Data contained in NACE's Spring 2017 Salary Survey report were reported to NACE through its national Class of 2016 First-Destination Survey by 358 colleges and universities nationwide, and represent data for more than 400,000 graduates across all degree levels. Most of the analysis provided here, however, focuses on the data provided for the more than 72,900 bachelor’s degree graduates. NACE's Spring 2017 Salary Survey report provides actual starting salaries (not projections) for the college Class of 2016, and serves as the final salary report for the Class of 2016. It is available to members in MyNACE. An executive summary report is available at www.naceweb.org/research/reports/.

    Figure 1: Average Salaries by Discipline for Class of 2016 Master’s Degree Graduates

    Discipline Average Salary
    Engineering technologies $83,230
    Multi/interdisciplinary studies $82,110
    Computer and information sciences and support services $81,619
    Legal studies $81,273
    Engineering $78,866
    Transportation and materials moving $77,036
    Business, management, marketing, and related support services $74,551
    Liberal arts and sciences, general studies, and humanities $72,271
    Health professions and related programs $70,775
    Foreign languages, literatures, and linguistics $69,609
    Source: Spring 2017 Salary Survey, National Association of Colleges and Employers

    Figure 2: Average Salaries by Discipline for Class of 2016 Doctoral Degree Graduates

    Discipline Average Salary
    Business, management, marketing, and related support services $116,798
    Computer and information sciences and support services $115,925
    Transportation and materials moving $95,693
    Public administration and social service professions $91,035
    Engineering $87,286
    Multi/interdisciplinary studies $79,493
    Health professions and related programs $79,224
    Education $78,912
    Mathematics and statistics $76,582
    Social sciences $74,456
    Source: Spring 2017 Salary Survey, National Association of Colleges and Employers