Management information systems majors are projected to have the highest starting salary among Class of 2020 business graduates earning bachelor’s degrees, according to NACE’s Winter 2020 Salary Survey.
It is important to note, however, that it is early in the Class of 2020 salary-reporting cycle.
Currently, management information systems majors have a projected average salary of $63,445. The projected starting salary for logistics/supply chain graduates topped $59,000, while two other business majors—finance and business administration/management—have average starting salaries that are projected to top $58,000. (See Figure 1.)
The Winter 2020 Salary Survey report contains annual salary projections for Class of 2020 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 September 16, 2019, through December 2, 2019. A total of 134 surveys were returned—a 14.3 percent response rate. The Winter 2020 Salary Survey report is available to members in MyNACE. An executive summary report is available at http://www.naceweb.org/research/reports/.
Figure 1: Projected Top-Paid Class of 2020 Business Majors at the Bachelor’s-Degree Level*
|Management information systems|
|Average Projected Starting Salary||$63,445|
|Average Projected Starting Salary||$59,180|
|Average Projected Starting Salary||$58,472|
|Average Projected Starting Salary||$58,166|
|Average Projected Starting Salary||$57,734|
|Major||Average Projected Starting Salary|
|Management information systems||$63,445|
*Note: These results only include business majors with 20 or more reported salaries.