Electrical engineering is the highest paid Class of 2016 engineering major at the bachelor’s degree level, according to NACE’s Fall 2016 Salary Survey.
The primary drivers of the 3.8 percent salary increase for Class of 2016 bachelor’s-degree graduates is the average starting salaries of certain majors.
Management information systems majors were the top-paid Class of 2015 business graduates at the bachelor’s degree level.
Science, technology, and society majors were the top-paid Class of 2015 humanities graduates at the bachelor’s degree level, according to results of NACE’s Class of 2015 First-Destination Survey.
Mechatronics engineering majors were the top-paid Class of 2015 engineering graduates at the bachelor’s degree level, according to results of NACE’s Class of 2015 First-Destination Survey.
Using NACE’s Salary Survey report, Andrea Koncz offers a historical perspective on starting salaries to new college graduates from 1960 through 2015. The overall economy, corporate scandals, new legal requirements, the dot-com bubble and burst—a variety of factors have affected the rise and fall of starting salaries for new college graduates over the past half century. Overall, in real terms, bachelor’s degree level salaries have risen 5.9 percent since 1960.
Class of 2015 bachelor’s degree graduates earned an average starting salary of $50,219—up 4.3 percent from their Class of 2014 counterparts’ overall average salary of $48,127—according to results of NACE’s Spring 2016 Salary Survey.
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