Personal Finance 

Hottest College Degrees – Engineers, Business & Historians

Email  Print Print  

The job market is smoking hot now, the best in the last four years according to National Association of Colleges and Employers (NACE), in their Fall 2006 edition of Salary Survey, and if you majored in Information science and systems, you’ll be happy to learn that your salary increased 7.5% over what it would’ve been last year. Information science and systems saw the largest jump, up to $47,182, but other engineers also saw sizeable increases as well. Also on the list were some business focused degrees (economics/finance, accounting, and business) and even the much maligned history majors saw a bump too.

Here’s the top of the pile list:

  1. Information sciences and systems: +7.5%, to $47,182
  2. Economics/finance: +6.2%, to $44,588
  3. Civil engineering: +5.3%, to $46,084
  4. Chemical engineering: +4.9%, to $56,269
  5. Accounting: +4.6%, to $44,928
  6. Business administration/management: +4.2%, to $41,155
  7. History: +4.2, to $33,071

Unfortunately, not everyone benefited from another year… Poor English majors saw a 0.2% drop to $31,385 and Sociology majors’ salaries fell 0.9% to $31,096.

Compare this to Forbes’ list based on the Bureau of Labor Statistics I wrote about in September and you’ll see some overlap. Top dog on Forbes was Chemical Engineering, enjoying a 4.9% jump according , and software engineers (which share a lot of overlap with IS) took second; which agrees with these salary growth rates if you use them as a proxy for demand on those skills.

Let’s compare year over year rates, if you look at the NACE 2005 salary survey, you’ll see some of the same degrees growing at high rates. Looks like Information sciences (0% in 2005) is in part making up for lost time whereas Chemical Engineers look to be speeding up with a 4.9% on the heels of a 1.8% increase. It’s interesting to watch trends year after year, isn’t it?

Source: CNN Money.

{ 2 comments, please add your thoughts now! }

Related Posts

RSS Subscribe Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.

2 Responses to “Hottest College Degrees – Engineers, Business & Historians”

  1. John says:

    It’s probably even better than what’s quoted as companies have been giving nice bonuses and perks as the job market is tight. Almost reminds me of the late 90s!

  2. twins15 says:

    As a double major in Finance and Accounting, I like the sounds of this. 🙂

Please Leave a Reply
Bargaineering Comment Policy

Previous Article: «
Next Article: »
Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.
About | Contact Me | Privacy Policy/Your California Privacy Rights | Terms of Use | Press
Copyright © 2016 by All rights reserved.