Salary is an important factor in deciding what major to pursue. Whether you will be able to pay off student loans and have the lifestyle you want depends in part on what salary you will be able to make after you graduate. The average starting salary for a person with a bachelor’s degree is $48,351, according to the CNBC website.
Engineering majors make some of the highest entry-level salaries after they graduate. Their starting salaries are often in the $50,000 to $60,000 range. Some examples include aerospace/aeronautical/ astronautical engineering, which has a starting salary of about $57,200. Chemical engineering majors can earn about $65,150, and petroleum engineers can earn over $86,000 right out of college.
Math and Finance
Bachelor’s degrees in some math and finance majors can bring in a salary in the upper $40,000 range. Mathematics has a starting median salary of about $46,400, and Finance majors can expect to earn a median starting salary of around $47,500. Statistics majors can earn around $50,000 to start out. If you are an applied mathematics major, your beginning median salary would probably be about $56,400. Accounting majors can expect a starting salary of about $47,400.
Majoring in a computer-related field can mean a salary in the high $40,000 range to start. Software engineers can expect to start out with a median salary of about $56,700, and computer information systems majors have a median starting salary of around $48,300.
Political science/government majors can earn a starting salary of around $43,500. Advertising majors have a median starting salary of $37,800, and those coming out of college with a marketing degree can earn about $38,600. Communications majors have a starting median salary of $38,200, and entry-level drama majors can make about $40,700.