Education July 1, 2016: STEM and business top college majors with the best starting salaries

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EDUCATION

STEM and business top college majors with the best starting salaries

By Bonnie K. Goodman

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When choosing a college major if one wants to make the most money upon graduating it is best to choose a STEM, Science, Technology, Engineering, and Math or business major. Michigan State University’s Collegiate Employment Research Institute (CERI) released their annual report according to a Forbes article published on June 30, 2016. The report documents the top majors that lead to the “highest starting salaries” after graduation. Engineering degrees seem the best certain path to the highest starting salaries with chemical, computer, and electrical engineering dominating the top three spots.

Phil Gardner, a “college labor market expert,” operates Michigan’s CERI. The annual report looked at the majors yielding the highest starting salaries. To determine the top degrees they researched data from 4,730 employers and “200 career service centers.” The report compiled “respondents recruiting… for full-time positions, internships, and co-ops.”

The top bachelor degree is in chemical engineering where graduates earn between $34,850 and $100,600, with an average $63,389 each year. Computer engineering is in second place with an
average starting salary of $63,313, while electrical engineering is third with a mean salary of  $61,173. The rest of the list predominantly includes degrees relating to science mostly engineering, math and computer science, and business majors.

In CERI’s list from last year, electrical engineering was the top-paying major; with a $57,000 starting annual salary, computer engineering, and mechanical engineering occupied the second and third place respectively. This year’s top earning major chemical engineering was in sixth place.

The top majors yielded starting salaries with $23,000 at the low end and just over 100,000 at the high end, with an average of just over 43,000 to over 63,000. CERI also lists the lowest-earning majors, which consist of Psychology with a mean salary of $36,327, “Public Relations ($36,235) and Advertising ($35,733).”

CERI also includes top earning Masters Degrees, which almost mirrors the top earning undergraduate degrees. The top Masters Degrees are Engineering with an average starting salary of $68,000, “Computer Science & IT ($67,735), and Masters in Business Administration, MBAs ($62,345).”

The report also included the best paying Doctoral degrees. The top earning Ph.D. is Engineering & Computer Science with an average starting salary of $76,702, in second place is the “Physical & Biological Sciences ($63,809) and Business ($62,454).”

Here are the top 20 bachelor degrees and their average starting salaries:

Chemical Engineering, $63,389
Computer Engineering, $63, 313
Electrical Engineering, $61,173
Software Design, $60,104
Mechanical Engineering, $59, 681
Computer Programming, $58,995
Computer Science, $56,974
Civil Engineering, $55,879
Management Information Systems, $51,690
Construction, $49,672
Finance, $48,785
Accounting, $47,834
Supply Chain, $47,147
Economics, $46,270
Human Resources, $45,737
Chemistry, $45,209
Mathematics includes applied, $44,609
Marketing, $43,481
Biology, $43,404
Agricultural Business, $43,214

Education June 29, 2016: ACT changing writing section test score scale after controversy and backlash

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ACT changing writing section test score scale after controversy and backlash

June 29, 2016, 11:16 PM MSTAfter a controversy over disparities in scores, the ACT revised their exam's writing section score scale only a year after revising the section and changing the scale to match the rest of the exam's four other sections, June 28, 2016

After a controversy over disparities in scores, the ACT revised their exam’s writing section score scale only a year after revising the section and changing the scale to match the rest of the exam’s four other sections, June 28, 2016
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Education June 26, 2016: Yale is top for history majors, but Princeton tops graduate programs

Yale is top for history majors, but Princeton tops graduate programs

By Bonnie K. Goodman

Examiner.com, June 26, 2016, 1:31 PM MST

Although the number of undergraduates studying history is in decline, the best university to major in the subject is Yale, while Princeton is the top for graduate study
Michael Marsland, Yale University

 

Education June 25, 2016: Supreme Court upholds affirmative action assures diversity in college admissions

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Supreme Court upholds affirmative action assures diversity in college admissions

June 25, 2016, 11:31 AM MST

The Supreme Court upheld affirmative action in college admissions in their decision in the case Fisher v. The University of Texas at Austin, June 23, 2016
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Judaism June 6, 2016: McGill SSMU outlaws BDS after professors release letter three months too late

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Education June 3, 2016: Harvard tops Times Higher Education’s World Reputation Rankings for sixth year

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Harvard tops Times Higher Education’s World Reputation Rankings for sixth year

By Bonnie K. Goodman

June 3, 2016 5:50 PM MST
Harvard University has the best global reputation for the sixth year in a row, every year that the Times Higher Education published their World Reputation Rankings, May 4, 2016
Harvard University has the best global reputation for the sixth year in a row, every year that the Times Higher Education published their World Reputation Rankings, May 4, 2016
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Education June 3, 2016: Harvard tops Times Higher Education’s World Reputation Rankings for sixth year

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Harvard tops Times Higher Education’s World Reputation Rankings for sixth year

June 3, 20165:50 PM MST

Harvard University has the best global reputation for the sixth year in a row, every year that the Times Higher Education published their World Reputation Rankings, May 4, 2016
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Education May 1, 2016: Malia Obama to join Harvard’s Class of 2021 in fall 2017 after gap year

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Malia Obama to join Harvard’s Class of 2021 in fall 2017 after gap year

By Bonnie K. Goodman

May 1, 2016 12:09 PM MST

 Malia Obama is going to Harvard University in the fall of 2017, joining Harvard's Class of 2021 after a gap year, May 1, 2016

Malia Obama is going to Harvard University in the fall of 2017, joining Harvard’s Class of 2021 after a gap year, May 1, 2016
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Education March 30, 2016: Stanford most selective college only admits 4.69% of applicants to Class of 2020

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Stanford most selective college only admits 4.69% of applicants to Class of 2020

By Bonnie K. Goodman

March 30, 2016 4:22 PM MST

Stanford University is the nation's most selective college with an increasingly shrinking acceptance rate, so much so that NYT columnist Frank Bruni called them out for it in an early April fool's op-ed, March 30, 2016
Stanford University is the nation’s most selective college with an increasingly shrinking acceptance rate, so much so that NYT columnist Frank Bruni called them out for it in an early April fool’s op-ed, March 30, 2016
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Education April 18, 2016: What are the chances of being accepted to the Ivy League after being waitlisted?

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What are the chances of being accepted to the Ivy League after being waitlisted?

By Bonnie K. Goodman

April 18, 2016 3:30 PM MST

Colleges especially the Ivy League accept few if none at all of the applicants on their waitlists that students need to plan for alternatives rather than counting on the hope a waitlist decision falsely gives, April 16, 2016
Colleges especially the Ivy League accept few if none at all of the applicants on their waitlists that students need to plan for alternatives rather than counting on the hope a waitlist decision falsely gives, April 16, 2016
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Education April 5, 2016: Princeton to keep Woodrow Wilson’s name on school will promote racial diversity

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Princeton to keep Woodrow Wilson’s name on school will promote racial diversity

By Bonnie K. Goodman

April 5, 2016 3:29 AM MST

Princeton University will not repudiate history and former President Woodrow Wilson for his segregationist views his name will remain on the university instead Princeton will focus on promoting diversity in the present and future, April 4, 2016
Princeton University will not repudiate history and former President Woodrow Wilson for his segregationist views his name will remain on the university instead Princeton will focus on promoting diversity in the present and future, April 4, 2016
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Education April 1, 2016: Harvard most selective Ivy accepts low 5.2% of applicants for Class of 2020

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Harvard most selective Ivy accepts low 5.2% of applicants for Class of 2020

By Bonnie K. Goodman

April 1, 2016 7:22 AM MST

Harvard University has the distinction of being the most selective of the Ivy League accepting only 5.2% of the record number of application; still Stanford reigns as the nation;s most selective school, March 31, 2016
Harvard University has the distinction of being the most selective of the Ivy League accepting only 5.2% of the record number of application; still Stanford reigns as the nation;s most selective school, March 31, 2016
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Education March 19, 2016: SUC Santa Cruz accidently sends out thousands of acceptances

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UC Santa Cruz accidently sends out thousands of acceptances

By Bonnie K. Goodman

March 19, 2016 4:04 PM MST

 High Schools seniors in the Washington and Virginia area got a surprise the UC Santa Cruz emailed them acceptances the problem they never applied, March 16, 2016
High Schools seniors in the Washington and Virginia area got a surprise the UC Santa Cruz emailed them acceptances the problem they never applied, March 16, 2016
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Education March 12, 2016: British universities dominate Oxford tops THE’s best universities in Europe 2016

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British universities dominate Oxford tops THE’s best universities in Europe 2016

By Bonnie K. Goodman

March 12, 2016 6:41 PM MST

 The University of Oxford tops this year's ranking from Times Higher Education (THE) of the Best Universities in Europe; 46 British universities are making the cut, the most of any other country, March 10, 2016
The University of Oxford tops this year’s ranking from Times Higher Education (THE) of the Best Universities in Europe; 46 British universities are making the cut, the most of any other country, March 10, 2016
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Education January 24, 2016: College Board reschedules last old SAT exam Feb 20 after snowstorm cancellations

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College Board reschedules last old SAT exam Feb 20 after snowstorm cancellations

By Bonnie K. Goodman

January 24, 2016 1:38 PM MST

SAT test centers in the East Coast states affected by the massive snowstorm cancelled the exam on Saturday, Jan. 23 rescheduling it for Feb. 20
SAT test centers in the East Coast states affected by the massive snowstorm cancelled the exam on Saturday, Jan. 23 rescheduling it for Feb. 20
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Education January 21, 2016: Does social media affect college admissions, how to prepare your profiles

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Does social media affect college admissions, how to prepare your profiles

By Bonnie K. Goodman

 January 21, 2016 11:24 AM MST
College admission officers are increasing looking at social media during the admissions process, depending on what they find it could a make or break an applicant, Jan. 13, 2016

College admission officers are increasing looking at social media during the admissions process, depending on what they find it could a make or break an applicant, Jan. 13, 2016
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Education January 9, 2016: Cambridge tops first Wikipedia Ranking of World Universities, Harvard only third

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Cambridge tops first Wikipedia Ranking of World Universities, Harvard only third

By Bonnie K. Goodman

January 9, 2016 3:36 PM MST

The first Wikipedia Ranking of World Universities was released with the University of Cambridge on top, while the first US school on the list is Harvard coming in only at third, Dec. 15, 2016
The first Wikipedia Ranking of World Universities was released with the University of Cambridge on top, while the first US school on the list is Harvard coming in only at third, Dec. 15, 2016
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Education January 7, 2016: Law school mistakenly sent out acceptances to thousands who did not apply

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Law school mistakenly sent out acceptances to thousands who did not apply

By Bonnie K. Goodman

January 7, 2016 2:04 PM MST

Touro College Law School mistakenly sent out over 17 thousand acceptances to perspective students who never applied, before they noticed and rectified their mistake, embarrassing themselves in the process, Dec. 31, 2015
Touro College Law School mistakenly sent out over 17 thousand acceptances to perspective students who never applied, before they noticed and rectified their mistake, embarrassing themselves in the process, Dec. 31, 2015
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Education January 6, 2016: PSAT/NMSQT scores released, what do they mean for the SATs, college admissions

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PSAT/NMSQT scores released, what do they mean for the SATs, college admissions

By Bonnie K. Goodman

January 6, 2016 6:46 PM MST

After a month delay, the College Board released the first scores from the newly redesigned PSAT/NMSQT first administered in October 2015, Jan. 7, 2016
The Princeton Review

Education January 3, 2016: Kiplinger’s names Washington and Lee University best overall college value

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Kiplinger’s names Washington and Lee University best overall college value

By Bonnie K. Goodman

January 3, 2016 1:19 PM MST

Kiplinger's Personal Finance named Washington and Lee University the best college value academically and financially in their second overall ranking. Princeton remains the private university value, and UNC-Chapel Hill stays the top public university value

Kiplinger’s Personal Finance named Washington and Lee University the best college value academically and financially in their second overall ranking. Princeton remains the private university value, and UNC-Chapel Hill stays the top public university value
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Education December 19, 2015: Harvard, Princeton, Stanford admit less early action applicants to Class of 2020

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Harvard, Princeton, Stanford admit less early action applicants to Class of 2020

By Bonnie K. Goodman

December 19, 2015, 4:47 PM MST

Most early applicants to the Ivy League and elite universities' Class of 2020 have received deferments as selectivity gets higher, Dec. 16, 2015
Most early applicants to the Ivy League and elite universities’ Class of 2020 have received deferments as selectivity gets higher, Dec. 16, 2015
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Education December 6, 2015: College rankings 2016: McGill remains on top of Maclean’s University Rankings

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College Rankings 2016: McGill remains on top of Maclean’s University Rankings

By Bonnie K. Goodman

December 6, 2015, 10:22 AM MST

 McGill University topped Canada's Maclean's University Rankings in the Medical Doctoral category for the 11th straight year, Oct. 29, 2015

McGill University topped Canada’s Maclean’s University Rankings in the Medical Doctoral category for the 11th straight year, Oct. 29, 2015
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Education December 6, 2015: College rankings guide 2016: Harvard again ARWU World Rankings’ best university

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College rankings guide 2016: Harvard again ARWU World Rankings’ best university

By Bonnie K. Goodman

December 6, 2015, 9:26 AM MST

The Academic Ranking of World Universities (ARWU) named Harvard University the best university in the world for the 13th straight year, Aug. 12, 2015

The Academic Ranking of World Universities (ARWU) named Harvard University the best university in the world for the 13th straight year, Aug. 12, 2015
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Education December 6, 2015: College rankings guide 2016: Harvard still CWUR World Rankings’ top university

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College rankings guide 2016: Harvard still CWUR World Rankings’ top university

By Bonnie K. Goodman

December 6, 2015, 8:51 AM MST

The Center for World University Rankings (CWUR) named Harvard University the best university in the world for the fourth year, July 16, 2015
The Center for World University Rankings (CWUR) named Harvard University the best university in the world for the fourth year, July 16, 2015
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Education December 5, 2015: College rankings guide 2016: MIT remains on top of QS World University Rankings

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College rankings guide 2016: MIT remains on top of QS World University Rankings

By Bonnie K. Goodman

December 5, 2015, 6:11 PM MST

 

Massachusetts Institute of Technology (MIT) has been QS World University Rankings' Top University for the past four years, Sept. 15, 2015
The Massachusetts Institute of Technology (MIT) has been QS World University Rankings’ Top University for the past four years, Sept. 15, 2015
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