Mom and Dad are concerned - so is the soon-to-be college grad. And it's not so much about landing a job...they're pretty confident that will happen. Their anxiety has more to do with the starting salary. So, here's some relief...in general, according to the National Association for Colleges and Employers, starting salaries are up. Employers are jockeying to snag the best and the brightest our campuses have to offer.
But do you know how starting salaries rank by major? You just might be surprised to find out that ALL of the majors for the top 10 slots require Math, and 6 out of the top 10 require Math and Science. NACE's Spring Salary Survey results are out: they show that engineering majors grab 5 out of the top 10 (4 out of the top 5), accounting/economics/finance/banking majors place in 2 positions, with computer science, business administration/management, and marketing/marketing management/marketing research representing 1 each.
Where does Liberal Arts rank? At #11, with an overall starting salary of $30, 958. Chemical Engineering college grads are slated to receive the highest starting salary at $56,549 on average.
What other math- and science-related "hot" careers for the future can we expect? Since math and science careers appear to be the front-runners in the salary race, it's not too late to start planning for those high-ranking starting salaries now, especially if you have children in school. Go online to Career Voyages and begin exploring "hot careers" for the future in industries like biotechnology, geospatial technology, and nanotechnology. Before too long, we may find occupations in those industries pushing their way into the top 10 starting salary rankings!