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The average starting salary for 2013 college graduates earning bachelor’s degrees rose 2.4 percent over last year to $45,327, according to a report released by the National Association of Colleges and Employers (NACE). The 2012 average starting salary was $44,259.
“Bolstering the positive news for the Class of 2013 is the fact that salary increases are not limited to certain fields of study that are ‘carrying’ the class,” said Marilyn Mackes, NACE executive director. “In fact, they are evident in most disciplines.”
The business disciplines experienced the largest increase, up 7.9 percent to $55,635, while graduates earning degrees in the math and science disciplines saw the least movement in their average starting salary, a 0.9 percent year-over-year increase to $42,731.
Average 2013 average salary by discipline and year-over-year increase:
- Business: $55,635, +7.9 percent
- Communications: $43,835, +3.7 percent
- Education: $40,337, +3.2 percent
- Engineering: $62,062, +2.3 percent
- Humanities and social sciences: $37,791, +2.6 percent
- Math and sciences: $42,731, +0.9 percent
The report is produced using data from the U.S. Bureau of Labor Statistics, the Census Bureau and a master data set developed by Job Search Intelligence.