• Technical Degrees Lead List of Top-Paid Majors for Class of 2013 Grads


    CONTACT:Kevin Gray, ext. 139, Andrea Koncz, ext. 121, 610.868.1421
    E-MAIL:kgray@naceweb.org
    akoncz@naceweb.org
    DATE:September 19, 2013
    SUBJECT:Technical Degrees Lead List of Top-Paid Majors for Class of 2013 Grads

    BETHLEHEM, PA—Technical majors—especially those in engineering—head the list of top-paid majors for the Class of 2013, according to a new report by the National Association of Colleges and Employers (NACE).

    NACE's September 2013 Salary Survey found that seven engineering majors are among the 10 highest-paid at the bachelor's-degree level. (See Figure 1.)

    At an average starting salary of $96,200, petroleum engineering is far and away the highest-paid major for members of the Class of 2013.

    Other engineering majors among the top 10 are computer engineering, ($70,300, second), chemical engineering ($66,900, third), aerospace/aeronautical/astronautical engineering ($63,900, fifth), mechanical engineering ($63,900, fifth), electrical/electronics and communications engineering ($62,500, seventh), and engineering technology ($60,900, eighth).

    Computer science majors earn starting salaries that average $64,100, the fourth highest among bachelor's-degree graduates in 2013. Other non-engineering majors whose average starting salaries were among the highest were management information systems/business ($60,300, ninth) and logistics/materials management ($59,500, 10th).

    An executive summary of the September 2013 Salary Survey report is available at www.naceweb.org/salary-survey-data/.

    NACE's final report on starting salaries for Class of 2013 college graduates will be available in the January 2014 issue of Salary Survey.

    Figure 1: Top-Paid Majors for Class of 2013 Bachelor's Degree Graduates*

    Major

    Average Starting Salary

    Petroleum Engineering

    $96,200

    Computer Engineering

    $70,300

    Chemical Engineering

    $66,900

    Computer Science

    $64,100

    Aerospace/Aeronautical/Astronautical Engineering

    $63,900

    Mechanical Engineering

    $63,900

    Electrical/Electronics and Communications Engineering

    $62,500

    Engineering Technology

    $60,900

    Management Information Systems/Business

    $60,300

    Logistics/Materials Management

    $59,500

    *Source: September 2013 Salary Survey, National Association of Colleges & Employers

    About Salary Survey: Salary Survey reports starting salaries for new college graduates in more than 90 disciplines at the bachelor’s-degree level. Data contained in the report are reported by employers, represent accepted starting salaries (not salary offers), and are produced through a compilation of data derived from the U.S. Bureau of Labor Statistics, the U.S. Census Bureau, and a master set of data developed by Job Search Intelligence. Data for the September 2013 report were retrieved in July 2013. Salary Survey is published in January, April, and September.

    About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org. NACE maintains a virtual press room for the media at http://www.naceweb.org/press-releases.aspx.


Technical Degrees Lead List of Top-Paid Majors for Class of 2013 Grads