Totus Tuus Posted March 23, 2010 Share Posted March 23, 2010 [quote]http://hotjobs.yahoo.com/career-articles-best_paying_degrees_in_2010-1173 Best-Paying Degrees in 2010 The in-demand and most-lucrative bachelor's degrees for this year's graduates by Charles Purdy, Yahoo! HotJobs Engineering majors dominate a new list of the top 10 highest-earning and most in-demand bachelor's degrees, according to a new report from the National Association of Colleges and Employers (NACE), which surveyed bachelor's degree candidates with 10 job offers reported, and compared proposed salaries. In NACE's Winter 2010 Salary Survey, engineering disciplines account for eight of the 10 bachelor's degrees that could prove most valuable to graduates entering the job market. ========================================= Also on Yahoo! HotJobs: * Top 5 money-making associate's degrees * Insider secrets that get your resume read * Find a new job near you * Get personalized Twitter job alerts from Yahoo! HotJobs ========================================= Petroleum engineering earned the highest starting salary reported--$86,220--more than 1.5 times the average starting salary reported for bachelor's degree graduates as a whole ($48,351). "While a variety of factors play a role in determining salaries, new graduates with degrees in the technical fields tend to benefit from their relatively low supply. There is more competition for their skills, driving up their salary offers," says Marilyn Mackes, NACE executive director. For example, petroleum engineering degrees account for less than 1 percent of all bachelor's degrees conferred. "Not every case is that extreme, but, in general, candidates with technical degrees have an advantage in the job market," says Mackes. The only non-engineering-related degrees in the top 10 were computer science and information sciences and systems, which draw larger number of students. However, those students should see plenty of opportunity: recent U.S. Department of Labor research predicts the fastest-growing category for jobs in the coming decade will be management, scientific, and technical consulting services, with growth at 83 percent between 2008 and 2018. The lowest-earning bachelor's degree reported in NACE's study was sociology ($29,031). Top-Paid Bachelor's Degrees Source: Winter 2010 Salary Survey, National Association of Colleges and Employers. 1. Major: Petroleum Engineering Average Salary Offer: $86,220 2. Major: Chemical Engineering Average Salary Offer: $65,142 3. Major: Mining & Mineral Engineering (including Geological) Average Salary Offer: $64,552 4. Major: Computer Science Average Salary Offer: $61,205 5. Major: Computer Engineering Average Salary Offer: $60,879 6. Major: Electrical/Electronics & Communications Engineering Average Salary Offer: $59,074 7. Major: Mechanical Engineering Average Salary Offer: $58,392 8. Major: Industrial/Manufacturing Engineering Average Salary Offer: $57,734 9. Major: Aerospace/Aeronautical/Astronautical Engineering Average Salary Offer: $57,231 10. Major: Information Sciences & Systems Average Salary Offer: $54,038[/quote] I my Classics major, but if I were studying solely for practicality's sake, I would have to go for Engineering! Link to comment Share on other sites More sharing options...
marielapin Posted March 23, 2010 Share Posted March 23, 2010 (edited) [quote name='Totus Tuus' date='23 March 2010 - 12:16 PM' timestamp='1269364613' post='2078415'] I my Classics major, but if I were studying solely for practicality's sake, I would have to go for Engineering! [/quote] My degree is in chemical engineering, and the reason a lot of folks were in it was the $$ figure, so there were a lot of dropouts! The amount of chemistry alone should be enough to frighten money lovers off, it's downright penitential. When I graduated in '02 the best offers of my classmates were in the 55-56k a year range, but the only one who got an offer of that caliber would have had to move to some island and work on oil platforms (no thanks!). A lot of the jobs I was looking at started more at 38-45k a year (this was RIGHT after 9/11 and you were lucky to land an interview much less a job) and I ended up getting a job with the US Air Force which started me out low but quickly progressed me to a much higher salary within two years. Of course my salary for the last six years has been a whopping $0 a year! A majority of my friends I graduated with went on to some type of further schooling after graduation because the job market was so poor at the time, only the top graduates were getting offers. One went into seminary and was ordained a priest in 2008! Edited March 23, 2010 by marielapin Link to comment Share on other sites More sharing options...
Nihil Obstat Posted March 23, 2010 Share Posted March 23, 2010 (edited) You also have to look at it by region, and by long term career growth. The average starting salary in my city, for instance, is on average a little higher than that stat shows (in Canadian dollars, though), and certain business majors displace some of the lower demand engineering, since we don't have much heavy industry or manufacturing, and instead we have tons of exploration and refining corporations who need accountants, financiers, petroleum landmen etc.. Edited March 23, 2010 by Nihil Obstat Link to comment Share on other sites More sharing options...
Nihil Obstat Posted March 23, 2010 Share Posted March 23, 2010 I find it odd that actuarial science isn't on there. Those guys just go crazy after they finish their degree (which is well deserved, because it's a darn hard degree). Link to comment Share on other sites More sharing options...
marielapin Posted March 23, 2010 Share Posted March 23, 2010 [quote name='Nihil Obstat' date='23 March 2010 - 12:51 PM' timestamp='1269366699' post='2078432'] You also have to look at it by region, and by long term career growth. The average starting salary in my city, for instance, is on average a little higher than that stat shows (in Canadian dollars, though), and certain business majors displace some of the lower demand engineering, since we don't have much heavy industry or manufacturing, and instead we have tons of exploration and refining corporations who need accountants, financiers, petroleum landmen etc.. [/quote] This is ture. Most of the places where the high $ starting jobs were located were not what I would call "posh", and you started out in either a chemical/oil refinery or paper mill. Not my idea of a desirable job, no sir! My specialty was environmental engineering (soil, air, water pollution prevention, water conservation, waste disposal, turning "undesirables" into "desirables") and the starting salary was much lower, but the ability to accelerate was much better than the refinery/plant jobs. The work environment was better, and you weren't pigeon-holed. Link to comment Share on other sites More sharing options...
Nihil Obstat Posted March 23, 2010 Share Posted March 23, 2010 [quote name='marielapin' date='23 March 2010 - 01:00 PM' timestamp='1269367212' post='2078439'] This is ture. Most of the places where the high $ starting jobs were located were not what I would call "posh", and you started out in either a chemical/oil refinery or paper mill. Not my idea of a desirable job, no sir! My specialty was environmental engineering (soil, air, water pollution prevention, water conservation, waste disposal, turning "undesirables" into "desirables") and the starting salary was much lower, but the ability to accelerate was much better than the refinery/plant jobs. The work environment was better, and you weren't pigeon-holed. [/quote] Yea, it looks like in your case, the difference with mine is what sort of industry is prevalent. Lots of heavy industry and manufacturing where you were, versus hardly any in my city? Link to comment Share on other sites More sharing options...
rachael Posted March 23, 2010 Share Posted March 23, 2010 meh. Link to comment Share on other sites More sharing options...
ardillacid Posted March 23, 2010 Share Posted March 23, 2010 [quote name='marielapin' date='23 March 2010 - 01:26 PM' timestamp='1269365170' post='2078423'] My degree is in chemical engineering, and the reason a lot of folks were in it was the $$ figure, so there were a lot of dropouts! The amount of chemistry alone should be enough to frighten money lovers off, it's downright penitential. When I graduated in '02 the best offers of my classmates were in the 55-56k a year range, but the only one who got an offer of that caliber would have had to move to some island and work on oil platforms (no thanks!). A lot of the jobs I was looking at started more at 38-45k a year (this was RIGHT after 9/11 and you were lucky to land an interview much less a job) and I ended up getting a job with the US Air Force which started me out low but quickly progressed me to a much higher salary within two years. Of course my salary for the last six years has been a whopping $0 a year! A majority of my friends I graduated with went on to some type of further schooling after graduation because the job market was so poor at the time, only the top graduates were getting offers. One went into seminary and was ordained a priest in 2008! [/quote] I'll have a degree in ChE pretty soon here. I have so many questions What did you do for the Air Force? Link to comment Share on other sites More sharing options...
Laudate_Dominum Posted March 23, 2010 Share Posted March 23, 2010 [media]http://www.youtube.com/watch?v=phsY7Hj2A4M[/media] Link to comment Share on other sites More sharing options...
Resurrexi Posted March 23, 2010 Share Posted March 23, 2010 An engineering major probably wouldn't be the most helpful bachelor's degree to get if someone was planning to go into graduate school in a non-engineering related field. Link to comment Share on other sites More sharing options...
Nihil Obstat Posted March 23, 2010 Share Posted March 23, 2010 [quote name='Resurrexi' date='23 March 2010 - 05:05 PM' timestamp='1269381956' post='2078571'] An engineering major probably wouldn't be the most helpful bachelor's degree to get if someone was planning to go into graduate school in a non-engineering related field. [/quote] I think that's generally understood to be a given. Probably applies to most degrees as well. Link to comment Share on other sites More sharing options...
Didacus Posted March 23, 2010 Share Posted March 23, 2010 Mechanical Engineering is only at 7th place.... Maybe I'm aiming too high? but what the article might not mention is that the mechanical discipline is the most widely spread (IE; a company requiring the services of an engineer is more likley to require the services of a mechanical engineer rather than any other engineering discipline). so gna gna gna... Link to comment Share on other sites More sharing options...
Didacus Posted March 23, 2010 Share Posted March 23, 2010 [quote name='marielapin' date='23 March 2010 - 02:00 PM' timestamp='1269367212' post='2078439'] This is ture. Most of the places where the high $ starting jobs were located were not what I would call "posh", and you started out in either a chemical/oil refinery or paper mill. Not my idea of a desirable job, no sir! My specialty was environmental engineering (soil, air, water pollution prevention, water conservation, waste disposal, turning "undesirables" into "desirables") and the starting salary was much lower, but the ability to accelerate was much better than the refinery/plant jobs. The work environment was better, and you weren't pigeon-holed. [/quote] [quote name='Nihil Obstat' date='23 March 2010 - 02:01 PM' timestamp='1269367314' post='2078440'] Yea, it looks like in your case, the difference with mine is what sort of industry is prevalent. Lots of heavy industry and manufacturing where you were, versus hardly any in my city? [/quote] Ah yes... true true... Also, you have to be careful with regions. Calgary will pay exorbitant salaries, but you'll have to pay exorbitant prices for parking, movies food and the cost of living in general so you don't really come out ahead. The best is to find a region that combines both low cost of living and high salary... like .... er... oh... just guessing here... how about NORTHERN ONTARIO!? ya, that seems right to me. Good distance from Quebec, big cities and americans to boot! bot that I want to get overly zealous here or anything... Link to comment Share on other sites More sharing options...
Nihil Obstat Posted March 23, 2010 Share Posted March 23, 2010 [quote name='Didacus' date='23 March 2010 - 05:22 PM' timestamp='1269382957' post='2078590'] Ah yes... true true... Also, you have to be careful with regions. Calgary will pay exorbitant salaries, but you'll have to pay exorbitant prices for parking, movies food and the cost of living in general so you don't really come out ahead. The best is to find a region that combines both low cost of living and high salary... like .... er... oh... just guessing here... how about NORTHERN ONTARIO!? ya, that seems right to me. Good distance from Quebec, big cities and americans to boot! bot that I want to get overly zealous here or anything... [/quote] Cost of living and parking is definitely exorbiant. Taxes are a big thing too- less in Alberta. At least personal taxes, as far as I'm aware. Stelmach seems bound and determined to become a communist lately though............ Link to comment Share on other sites More sharing options...
marielapin Posted March 23, 2010 Share Posted March 23, 2010 [quote name='notardillacid' date='23 March 2010 - 04:50 PM' timestamp='1269381022' post='2078561'] I'll have a degree in ChE pretty soon here. I have so many questions What did you do for the Air Force? [/quote] lol you're going to love this, my job name was "aerospace engineer", and I was a developmental test engineer for the A-10, though on one of my tests I did have some amazing chem-e stuff going on. Link to comment Share on other sites More sharing options...
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