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Starting Salaries for College Grads on the Rise

Employers continue to offer higher starting salaries to new college graduates across many disciplines, according to the Summer 2007 issue of Salary Survey, a quarterly report published by the National Association of Colleges and Employers (NACE). According to the survey, nearly nine out of 10 employers reported that they’re seeing more competition for new college graduates than in past years, and they believe that competition will continue to increase in the coming years. The Career Exposure Network employers report that recruiting ahd hiring qualified candidates continues to be very competitive. Here's are some some of the average salaries. Remember, salaries vary by region, company, qualifications, etc...

Survey results include:
Accounting grads’ average offer rose 2.3 percent, bringing their average offer to $46,718, and business administration/management graduates saw their average rise 3.9 percent to $43,701.
The average offer to economics (business/managerial) grads was $48,483 and the average offer to finance grads was $47,239.

Management information systems/business data processing grads show a 4.2 percent increase to their average starting salary offer, raising it to $47,648.

Marketing graduates starting salary offer rose 6.1 percent to $40,161.
Computer science grads saw an increase of 4.1 percent, brining their average offer to $53,396.

Information sciences and systems graduates’ average offer rose 4.6 percent to $50,852.

Chemical and civil engineering grads saw a 5.4 percent increase, bringing their average offers to $59,361 and $48,509, respectively.

Computer engineering grads posted a 4.8 percent increase, boosting their average offer to $56,201.

The average offer to mechanical engineering graduates rose 4.6 percent to $54,128, and electrical engineering grads’ offer increased by 3.2 percent, bringing their average offer to $55,292.

Most of the liberal arts majors posted increases to their average salary offers as well.

Political science/government majors saw the largest increase over last year, with an increase of 5.9 percent, raising their average offer to $34,590.

English majors starting salary rose 5.3 percent to $32,553.

Psychology majors posted a 4.7 percent increase and now average $31,631;

Sociology majors gained 3.5 percent, bumping their average offer to $32,033;

History majors saw a 3.3 percent increase to bring their average starting salary offer to $33,768.

For additional career and employment information visit CareerWomen.com, DiversitySearch.com, MBACareers.com, and CareerExposure.com.


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