Starting Salary Offers to College Class of 2010 Decline

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CONTACT Andrea Koncz, ext. 121, or Pattie Giordani, ext. 118, 800.544.5272

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DATE April 08, 2010

SUBJECT Starting salary offers to College Class of 2010 Decline

BETHLEHEM, PA—Starting salary offers to the college Class of 2010 are down compared to last year at this time, according to a new report from the National Association of Colleges and Employers (NACE).

Starting Salary Offers to College Class of 2010 Decline

The Spring 2010 issue of NACE’s Salary Survey shows the overall average salary offer to a bachelor’s degree candidate is $47,673, which is 1.7 percent lower than the average offer of $48,515 made to Class of 2009 bachelor’s degree candidates. 

Although the overall average salary offer is down, some disciplines did see increases.

For example, in the business disciplines, both finance and accounting majors saw their average salary offers rise. The average offer to finance majors rose by 1.6 percent to $50,546, and the average offer to accounting majors inched up by 0.4 percent to $48,575. 

On the other hand, business administration/management grads saw their average offer fall 8 percent to $42,094. Marketing graduates’ average salary offer also fell, but not as far, to $42,710, down 2.1 percent from last year. 

As a group, graduates earning computer-related degrees saw their average salary offer soar in comparison to the other disciplines: Their average offer rose 5.8 percent to $58,746. And, the average offer to computer science majors increased by 4.7 percent, bringing it to $60,426.