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| 2004/11/13-14 [Industry/Jobs] UID:34878 Activity:low |
11/13 Top 10 Degrees: http://money.cnn.com/2004/11/12/pf/college/degrees_jobs/index.htm?cnn=yes \_ chemical engineers make the most: http://money.cnn.com/2004/09/21/pf/college/starting_salaries/index.htm \_ I wonder how "dropout from tech major in top university" measures up as a major. I'm guessing it would be in the top 20, above most humanities majors. Can anyone find numbers on this? |
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| money.cnn.com/2004/11/12/pf/college/degrees_jobs/index.htm?cnn=yes Top 10 degrees in demand A new survey indicates a brighter job outlook for new college grads compa red with last year. November 12, 2004: 10:55 AM EST NEW YORK (CNN/Money) - A majority of employers expect the job market for the class of 2005 to be more robust than last year, with more positions to fill and higher starting salaries. Most lucrative college degrees Graduates with a bachelor's in business, engineering and computer-related fields will be in highest demand. Those are some of the key findings of the Job Outlook 2005 survey, conduc ted by the National Association of Colleges and Employers, released Frid ay. "We're seeing a number of positive indications that the job market for ne w college graduates is improving," said Marilyn Mackes, NACE's executive director, in a statement. "For example, more than 80 percent of respond ing employers rated the job market for new college graduates as good, ve ry good, or excellent. In comparison, last year at this time just over 3 8 percent gave the job market those ratings." The survey found that seven out of 10 respondents expect to increase star ting salary offers by an average of 37 percent. Employers also said the y would reassess their hiring needs more frequently. The largest group ( 333 percent) said they would do so quarterly. In last year's survey, th e largest group (274 percent) said they would only do so annually. When asked which new college grads they were likely to hire, the greatest number of employers said they were interested in hiring grads who major ed in accounting, electrical engineering, mechanical engineering, busine ss administration and economics/finance. Rounding out the top 10 list were students who majored in computer scienc e, computer engineering, marketing or marketing management, chemical eng ineering, and information sciences and systems. Of the 254 employers who took NACE's survey, 457 percent were service-se ctor employers, 405 percent were manufacturers, and nearly 138 percent were government or nonprofit employers. In an earlier NACE survey this fall, nearly 61 percent of employers said they planned to hire more college grads from the class of 2004-05 than t hey did from the previous year's class. On balance, NACE expects to see an increase in hiring of 13 percent. |
| money.cnn.com/2004/09/21/pf/college/starting_salaries/index.htm Deshundra Jefferson, CNN/Money staff writer NEW YORK (CNN/Money) - You worked hard to earn that degree and found a jo b But how does your pay compare to that of your peers? "This was the first year that we started to see more increases overall an d they were consistent throughout all four reports," says Andrea Koncz, a spokesperson with NACE. The group issues a salary survey each quarter, with the final one each year released in September. Engineering majors are seeing the most cash -- though with narrow percent age changes from last year -- led by gains from chemical engineering gra duates, who now earn $52,539 a year on average, up 03 percent from a ye ar earlier. Computer engineering graduates follow closely behind with $5 1,297, a 01 percent decrease from last year. Those graduating with a degree in computer science are seeing heartier in creases. According to NACE, information sciences and systems grads earn $42,375 a year on average. M eanwhile, computer science graduates make $49,036 a year, a gain of 41 percent. If those numbers sound enticing, it's probably because computer science g raduates are long overdue for a pay increase. "They haven't seen an increase since 2001 and this is the first year, in all four reports, that they showed an increase," Koncz says. "With the e conomy coming back, they are just starting to regain the ground lost in those two years." Business administration and economic s/finance graduates received a 62 percent and a 3 percent boost in aver age pay to $38,254 and $40,630, respectively. The average starting salar y for marketing grads jumped 2 percent to $34,712 and 1 percent to $41,0 58 for accounting majors. Liberal arts graduates, as a whole, still occupy the lower rungs of the p ay scale, but are now earning $30,212, a 37 percent year-over-year incr ease. Starting pay for English majors rose to $31,113, up 81 percent; politica l science majors got a 36 percent increase to $32,296. Psychology major s enjoyed a 2 percent increase with entry-level salaries averaging $28,2 30. Overall, 66 percent of the disciplines surveyed reported an increase in p ay compared to 49 percent this time last year. While that's good news for most graduates, some professions just haven't kept pace. On the down side, entry-level pay for industrial and manufact uring engineers eased 22 percent to $46,036 and starting salaries for h istory majors fell 48 percent to $30,344. |