A new survey of recent college graduates shows that students who major in computer science have excellent job and salary prospects an...
A new survey of recent college graduates shows that students who major in computer science have excellent job and salary prospects and that these students are well aware of their market value in today's hiring environment. Computer science majors have some of the best job prospects. The survey found that, of all students who had graduated in 2014, less than half, 45%, had full time jobs at the time of the survey. However, of those students who studied computer science, 61% had full time jobs, tops among all majors besides military science (62%) and better than the rate of 50% overall for STEM grads in general. Additionally, 31% of CS majors had full time job offers by graduation, which ranked third overall.
Computer science majors also make the most money. Of all majors, students studying in CS had the highest average starting salary ($66,161), followed by engineering ($65,000), math and statistics ($60,300), economics ($58,600), and finance ($58,000). In addition, 32% of CS grads had a starting salary of over $75,000 and 13% started at over $100,000. The survey shows that CS majors are aware that their degrees are valuable; on average, they expected a starting salary of $68,120, slightly above the actual average starting salary of $66,161. In addition, 73% of them expecting a starting salary over $55,000 (compared to 70% who actually got that much) and 12% expected a starting salary of over $100,000, slightly less than the 13% of them who actually got 6-figure jobs.
Even non-CS majors see the value of computer science classes. The survey found that 53% of all students, regardless of major, had taken computer science classes, oftentimes with the express purpose of standing out in the job market. Among non-CS majors, business students led the way with 69% of them taking CS classes. These results show how pervasive that skill set is becoming for students wanting to make an impact in their career. Given that computer science majors know they're in-demand, it's not surprising that the survey also found that they are a little pickier than other students about what tradeoffs they're willing to consider to get a job. For example: 68% would do an internship after graduation to get a foot in the door, compared to 75% of all respondents. 46% would consider working in an industry that wasn't their top choice, compared to 52% of all respondents.