HigherEdMorning.comWhat new grads are facing

What new grads are facing

October 6, 2009 by Geneva Reid
Posted in: In this week's e-newsletter, Latest News & Views, Post-college

Starting salaries for this year’s college grads dropped slightly, according to a new survey – which also found the types of jobs grads are being offered haven’t changed much.

The main source of employment is teaching, edging out management trainee and sales positions for the top spot.

The survey was conducted by the National Association of Colleges and Employers, and it noted – not surprisingly – that this is one of the toughest job markets grads have faced in a long time.

The average starting salary for the class of ’09 was $48,633. Last year’s starting salary was $49,224.

Here’s the list of top jobs along with their starting pay:

  • Teaching – $35,496
  • Management trainee – $41,353
  • Financial/treasury analysis – $52,043
  • Consulting – $56,472
  • Sales – $41,577
  • Accounting – $48,993
  • Software design and development – $63,798
  • Registered nurse – $45,229
  • Project engineering – $58,570

To see the salary survey, click here.

Are the salaries about what you expected? Let us know in the comments section below.

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  • Priscilla Eppinger

    It’s a bit disheartening to learn that the average starting salary of the students I teach exceeds my own after more than 25 years as a professional.


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