According to a report from the National Association of Colleges and Employers (NACE), the average starting salary for college graduates in the Class of 2012 is $44,921. This represents a 2.6% increase over last year, which came in at $43,804. The highest average salaries were found in engineering ($56,584), but even English majors walked away with an average starting salary of $40,726.
On average, graduates can expect to make $45,145 starting out. This includes Bachelor’s, Master’s and Doctorate degree holders from all disciplines from the Class of 2015. This figure is significantly higher than what new college graduates made in the past. In 2014, the average starting salary of a graduate was $35,711.
Average starting salary for graduates
There are six key points to be revealed from this research analysis, as well as some observations that help round out the data. First, online MBA programs are among the fastest growing segment of all MBA programs. Second, online MBA students’ starting salaries are rising in comparison to earlier findings from Turning Point Analytics. Third, online MBA students possess an overall higher number of years working in the workforce than those in classes solely held face to face. Forth and last, women pursuing an online MBA degree earn less than their male counterparts both when they begin their degree program and after graduating (though salary increases later catch up with men’s salaries).
All things considered, the information here is useful. If you can find a way to marry your interest areas with this data, so much the better. Even if you can’t, it can be a great guide for employment for a lot of people. It’s well worth consulting this before getting involved in some field that you may end up hating simply because it’s the most lucrative option for your major.
This helps to show that some of the lower paying jobs don’t necessarily mean that it will negatively affect your retirement fund. In addition to the list, here are some links that can help you make a more informed decision about your future job.
