College Majors With The Highest Starting Salaries 2023

College Majors With The Highest Starting Salaries 2021
College Majors With The Highest Starting Salaries 2021

2020, graduates earn the highest starting salary compared to previous graduates; despite massive unemployment and slashed earnings among working-class Americans, starting salaries for recent college graduates continue to rise.

According to the National Association of Colleges and Employers, the average starting wage for the Class of 2020 was $55,260, 2.5 percent more than the Class of 2019 ($53,889 ) and 8.5 percent higher than the Class of 2018 ($50,944).

According to recent research by public policy nonprofit Third Way of Department of Education statistics on 2.2 million college students who graduated in 2015 and 2016 and their early career earnings, STEM degrees give graduates some of the highest returns on investment.

College Majors With The Highest Starting Salaries 2023

 

10. Chemical Engineering, $72,713

chemical engineering intern
Chemical engineering

Chemical engineers research, design, and develop chemical processes and equipment and oversee industrial chemicals’ operation and maintenance. The average starting salary is $72,713.

 

9. Applied mathematics, $73,558

Mathematics
Applied mathematics

Mathematicians use logical reasoning to examine the amount, structure, space, pattern, and change. They provide approaches and ideas that may be used in various areas, including physics. The average starting salary is $73,558.

 

8. Statistics, $75,916

Statistic
Statistic

A statistician creates surveys, opinion polls and questionnaires. They then collect and organize the data obtained. The average starting salary is $75,916.

 

7. Computer and information science, $78,603

Computer and Information Science
Computer and Information Science

Computer and information research scientists generally conduct the following: investigate computer issues and build ideas and models to solve them. The average starting salary is $78,603.

 

6. Operations research, $80,166

Operations Research Analyst
Operations research

Identifying and solving problems in business, logistics, healthcare, and other industries are everyday tasks for operations research. The average starting salary is $80,166.

 

5. Electrical, electronics, and joint engineering, $80,819

Electrical, electronics, and commun engineering
Electrical, Electronics and Communications Engineering

Electrical and electronics engineers generally investigate the feasibility, design, operation, and performance of power systems, electrical machinery, electronic communications, instrumentation, and control systems, as well as the individual equipment and components that make them up. The average starting salary is $80,819.

 

4. Computer science, $85,766

Computer and Information Science
Computer and Information Science

Software development companies frequently recruit computer scientists. Their responsibilities include developing new hypotheses on technological advancement. Computer scientists utilize technology to solve issues and plan for the future. They also develop apps by writing and programming software. The average starting salary is $85,766

 

3. Computer engineering, $85,996

Electrical and computer engineering
Computer engineering

Computer engineers create software and computer hardware technologies to assist businesses in achieving their objectives. They handle everything from conceptualizing a program’s functionality and features to writing code, doing tests and audits, and installing updates and software fixes. The average starting salary is $85,996.

 

2. Computer programming $86,098

Computer administration management and security
Computer programming

Computer programmers are responsible for developing the code that makes the software work. They are in order of planning a program’s workflow, developing the code, testing the program’s functioning, and providing documentation. The average starting salary is $86,098.

 

1. Petroleum engineering, $87,989

Petroleum engineering
Petroleum engineering

Petroleum engineering is a branch of engineering that deals with the processes involved in producing hydrocarbons, which can be crude oil or natural gas. Physics, mechanical engineering, chemical engineering, and mining engineering have traditionally been the disciplines that have been recruited into the business. The average starting salary is $87,989.

 

According to past research published in the Proceedings of the National Academy of Sciences, the life expectancy of two-thirds of Americans without a college diploma is falling, resulting in a widening disparity between those with and without a secondary education.

 

Central With the Highest Salaries 2023