Tuesday, April 01, 2008

Which Majors Net Highest First Year Pay?

An article on MSN's careerbuilder.com web site is a great resource for those money-minded college students pondering the important question of which major to select.

Listed are the "Top 10 Starting Salaries by College Major," along with brief descriptions of career paths open to graduates with academic emphases in those fields.

Apparently, things have recently been looking up for those with the right specialization listed on their university diploma.

From the article:

Whether you're a recent grad who's been living in your parents' basement since Commencement Day or in the midst of your college career trying to figure out what you should major in, there's good news coming your way.

According to a recent study by the National Association of Colleges and Employers (NACE), members of the class of 2007 can expect to earn bigger starting salaries as they enter the workforce than their predecessors. Results show that the average starting salary has increased across many disciplines since last year, the result of increased competition among employers for employees fresh out of college. Furthermore, hiring managers expect this trend to continue for years to come.

Which college major led to the highest entry-level salary in 2007 (according to a study conducted by the National Association of Colleges and Employers)?

Chemical Engineering: $59,361.

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