If you are still in college and trying to decide on a major, a technical degree could be the way to go. Technical majors -particularly in engineering- head the list of top-paid majors for the Class of 2013, according to the just-released NACE’s Salary Survey.
A full 7 engineering majors are listed as the 10 highest-paid at the bachelor’s-degree level, and at an average starting salary of $62,000 those college loan could be paid off in a hurry. (Unfortunately those of us in the Humanities will have to pay a bit longer as our startong salary averages just $37,000.) Want to go for the gold? Then try petroleum engineering, which at $96,200 a year, is far and away the highest-paid major for the newly graduated.
The remaining 6 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 & communications engineering ($62,500, seventh), and engineering technology ($60,900, eighth). Not only are new hires in these areas well-paid, but the future outlook for advancement is strong as well.
Not an engineering major? Fear not, there are some solid paying jobs out there for the rest of us as well. Computer science majors average $64,100 in their first year of employment -the fourth highest-paid among bachelor’s-degree graduates this year. Additional well-paid graduates were those in management information systems/business ($60,300, ninth) and logistics/materials management ($59,500, 10th).
Below is a breakdown by broad category.
Computer Science $58,547
Humanities & Social Sciences $37,791
Math & Sciences $42,731