Thursday, June 3, 2010

Degrees That Get You Hired

Find out which 6 degrees rank highest in terms of employment
By Chris Kyle (Yahoo! Education)

Come graduation time, the English major, history buff, computer whiz, and business student all look alike in their caps and gowns. Their job prospects, on the other hand, look very different. Corporate consulting firm Challenger, Gray & Christmas polled 100 human resource professionals to find out what graduating students this year can expect from the job market in 2010, and, specifically, which degrees have the best odds of helping students get jobs. If you're contemplating a return to school and deciding what you want to study, read on for the six degrees that rank highest in terms of employment.

#1 - Health Care Degree
Graduates with recession-proof degrees in health care will find the most success in 2010, according to Challenger. In fact, more than one in four (26.3 percent) HR professionals picked health care as the best bet for job security. Nurses are receiving the most job offers in this category.
Desirable Degrees:
Nursing
Physical Therapy
Pharmacy
Medical Technician
Average Starting Salaries:
Nursing: $47,217
Health & Related Sciences: $30,522

#2 - Business Administration Degree
It's no coincidence that business is booming for graduates with a business degree...it's the most popular bachelor's degree in the country. Graduating with a degree in business administration puts job seekers in the second strongest position overall, just behind health care, according to the Challenger survey.
Desirable Degrees:
Business
Business Administration
Business Administrative Support
Average Starting Salary:
Business Administration: $45,200

#3 - Computer Science Degree
Computers are an indispensable part of the economy, and so are graduates who study computer science, which ranks as the third most valuable degree in today's job market.
Desirable Degrees:
Computer Science
Technology Support
Information Technology and Systems
Average Starting Salaries:
Computer Science: $61,205
Information Sciences & Systems: $54,038

#4 - Accounting/Finance Degree
Finance and accounting graduates can expect their fortunes to improve as the economy improves. "Historically, hiring on Wall Street has recovered before the rest of the economy," Richard Lipstein, managing director at Boyden Global Executive Search, told the Philadelphia Inquirer.
Desirable Degrees:
Accounting
Finance
Average Starting Salaries:
Economics: $52,909
Finance: $49,607
Accounting: $47,982

#5 - Engineering Degree
It might surprise you to learn that engineering degrees are ranked fifth in terms of employment - and not first - but don't start feeling sorry for engineers just yet. According to a survey by the National Association of Colleges and Employers, eight of the top 10 best-paid majors are in engineering.
Desirable Degrees:
Biomedical Engineering
Civil Engineering
Electrical Engineering
Mechanical Engineering
Network Engineering and Administration
Programming and Software Engineering
Average Starting Salaries:
Petroleum Engineering: $86,220
Computer Engineering: $60,879
Mechanical Engineering: $58,392

#6 - Marketing Degree
Demand remains strong for marketing graduates in the business world, though a more general business administration degree, ranked number two overall, gets the edge in today's tight job market because of its broader application.
Desirable Degree:
Marketing
Average Starting Salary:
Marketing: $42,499

All salary information from the National Association of Colleges and Employers' Winter 2010 Salary Survey, which looked at starting salary offers for new Class of 2010 college graduates.

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