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Asher
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Calgary, Alberta
Nov 1999
time: 22:33
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http://money.cnn.com/2004/02/05/pf/...dex.htm?cnn=yes
Wow, look at Computer Science go! 
quote:
Most lucrative college degrees
Latest survey on hiring and starting salaries finds there may be more in '04 for many college grads.
February 5, 2004: 3:30 PM EST
By Jeanne Sahadi, CNN/Money senior staff writer
NEW YORK (CNN/Money) – The job market may not be booming. But for many in the college class of 2004, it won't be quite as dismal as it was for last year's grads.
That's the preliminary conclusion of the National Association of Colleges and Employers (NACE), which released its latest quarterly starting-salary survey on Thursday.
It's still early days for most college seniors on the hunt for a job. Only a small number of students typically have full-time job offers in hand halfway through their senior year. And the number of offers covered in NACE's winter survey is a small percentage of the offers covered in its fall survey, which reflects hiring through the previous August.
Still, NACE thinks there's reason for cautious optimism.
On balance, employers said they expect college-grad hires to be up 12.7 percent from last year, which is the first hiring increase in two years, said NACE spokesperson Camille Luckenbaugh.
Based on the 2,300 offers covered in the current survey, more disciplines were reporting increases in starting salaries. Only a third of disciplines are seeing starting salaries drop, compared with nearly half at the same time last year.
Majors in computer engineering and chemical engineering top the list of most lucrative college degrees. Average starting salaries for computer engineers reached $53,117, up very slightly from their levels at this time last year. Starting salaries for chemical engineers, meanwhile, rose 2.5 percent to $52,563.
Starting salaries for those who major in civil engineering and electrical engineering still compare favorably with those of most other majors, but both experienced modest declines compared with last year.
For the first time since 2001, employers reported increases in starting salary offers to students in computer science, information sciences and systems, and management information systems.
The average offer for computer science majors rose 8.9 percent to $48,656; and more than half the offers surveyed topped $50,000.
Information sciences grads had an average starting salary of $42,108, up 2.6 percent from last year, while management information systems grads have seen starting salaries average $41,103, up a modest 1.3 percent.
Meanwhile, liberal arts majors still rank on the low-end of the salary scale, although as a group, the average starting offer rose 3.5 percent to $30,153.
Many psychology majors aren't as likely to see that kind of paycheck, however. Their starting salary average fell 8 percent to $25,032. |
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GePap
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of the Big Apple
Nov 2001
time: 23:33
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quote:
Originally posted by Azazel
That's a good point, GePap.
say.... how much does a Chemist earn around the US? I always wanted to go to the USA to make some cash. |
People with technical degrees always make decent money-but rarely do they rise to extremes. An econ. graduate has a good a chance of rising up to high or middle management in a company were the money is good (as in 120k a year) after several years- much better chance than some computer technician has of ever going all the way up to 120k a year.
And of course, leaving out people who begin companies, invent somehting, both, or strike the lottery, the largesta mounts of money to be had are in business, in selling and trading things in the financial sector, and there econ. people and even other social scientist, not people with technical degrees, dominate.
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Asher
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Calgary, Alberta
Nov 1999
time: 22:33
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quote:
Originally posted by GePap
People with technical degrees always make decent money-but rarely do they rise to extremes. An econ. graduate has a good a chance of rising up to high or middle management in a company were the money is good (as in 120k a year) after several years- much better chance than some computer technician has of ever going all the way up to 120k a year. |
You're confusing something like computer science with computer technicians, are rather dishonest comparison seeing as CS requires 4+ years of university in a variety of fields (philosophy, economics, management, etc), and computer technicians are lucky if they have a 2 year community college diploma.
I also disagree with the statement that they "rarely" rise to the extremes, virtually all of my friends have parents "technical" degrees and they make very, very good money. My dad had "only" a civil engineering degree, and he's managing the multi-billion dollar Alberta Oil Sands projects for a major US oil company, etc.
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GePap
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of the Big Apple
Nov 2001
time: 23:33
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quote:
Originally posted by Asher
You're confusing something like computer science with computer technicians, are rather dishonest comparison seeing as CS requires 4+ years of university in a variety of fields (philosophy, economics, management, etc), and computer technicians are lucky if they have a 2 year community college diploma. |
Mathematics requires the same requirements- does not mean mathematicians are out there making the big buck.
quote:
I also disagree with the statement that they "rarely" rise to the extremes, virtually all of my friends have parents "technical" degrees and they make very, very good money. My dad had "only" a civil engineering degree, and he's managing the multi-billion dollar Alberta Oil Sands projects for a major US oil company, etc. |
First of all, what is "very very good money"? over 150k a year?
Second_ what percentage of the workforce do you know? : my guess, tiny.
As for your dad- fine, he is managing a project- what percentage of the profits does he see? Would it be wrong to guess that perhaps chief corporate council for that company makes as much, if not much more? Or that the CFO makes a lot more? or that dozens of other people in that corporation who had some of those dgrees that are way down on your scale are making as much if not more? and if so, what does that say about your chart?
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Asher
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Calgary, Alberta
Nov 1999
time: 22:33
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quote:
Originally posted by GePap
First of all, what is "very very good money"? over 150k a year? |
Yes, excluding profit sharing, stock options, and operational bonuses.
quote:
Second_ what percentage of the workforce do you know? : my guess, tiny. |
*shrug*
I'm not going to play this game with you, but I do know tons of people with "technical" degrees that earn a ton of money, far more than I know people with arts degrees or even economics. My BF's father is an economist, and he makes good money but nowhere near the level of my dad's.
quote:
As for your dad- fine, he is managing a project- what percentage of the profits does he see? |
I have no idea what percentage of profit sharing he sees these days. But he does get substantial "operational bonsues" since things go right with the project.
quote:
Would it be wrong to guess that perhaps chief corporate council for that company makes as much, if not much more? Or that the CFO makes a lot more? or that dozens of other people in that corporation who had some of those dgrees that are way down on your scale are making as much if not more? and if so, what does that say about your chart? |
I think that's a tad bit misleading because you're looking at positions that maybe 0.00001% of the workforce will ever attain, so attributing this to their degrees is somewhat ridiculous.
And there aren't more than "dozens of other people" making more money than my dad, at least in the Canadian subsidiary he works for. He's got a handful of people above him. At least one of those I know very well and he has an engineering degree as well, and he's the President of the Canadian subsidiary...And starting in March he leaves to head up the Venesualan subsidiary...
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Zylka
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Heck, you make more starting out as a roughneck in Alberta than any of the above listed without a degree. That means nothing after 5-10 years of industry reality
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Bereta_Eder
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What's the difference between computer engineering and computer science?
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Zylka
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Yeah, they do. And none of the above, unless so chosen to make more through reality of living costs
At which point you're doing larger stints where you don't pay rent, and have allowances for food and booze - as well. A great, laid back buddy of mine does 2 or 3 month quick work. He's the type who hangs out at the local surf shop for 8 bucks an hour - coming back from a few winter months in AMAZING shape and driving a fully purchased Land Rover
Doesn't mean you can assure a stable life of it, of course.
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06-02-2004 01:49
Really, you'd need to be in microbiology at least...
Where you at Japh?
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