May 25th, 2010
ChE Degree has Largest Initial Payback
By Joanna Ziemlewski | Comments (1)
See a more recent salary survey
After 4 Years of Learning, the Payoff is Here!
Good news for the 2010 chemical engineering graduates! According to payscale.com
, your new degree was the best choice in terms of having the highest immediate payoff, with a starting median salary of $65,700.
The payscale.com salary survey
takes into account only full-time employees in the U.S. who possess a Bachelor's Degree. This means no higher degrees are included and graduates who go on to earn a Master's degree, MBA, MD, JD, PhD, or other advanced degree are not
included. It also does not take into account careers that require advanced degrees, such as law or medicine. In addition, self-employed, project-based, and contract employees are not included.
Seven of the top spots are taken up by engineering majors, with economics, physics and computer science filling the three remaining slots.
Annual pay for Bachelors graduates without higher degrees. Typical starting graduates have 2 years of experience; mid-career have 15 years. See full methodology
For more detailed information on chemical engineering salaries, check out the August 2009 salary survey in CEP Magazine which is available for free to members
or as a download on ChemE On Demand
. The survey of American Institute of Chemical Engineers members looks at characteristics such as employment, degree, location, employers, experience, gender, age, etc.
Check out our related post on salaries to find out where the highest paid chemical engineers in the U.S. live.
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