NACE 2010 Student Survey Research Brief

Parents Forum
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<p>NACE is the National Association of Colleges and Employers. I only found out about them because BC had a link to their site for salary survey information. My son was asked how much he was looking for in salary at one of his interviews and he just said that he didn't know so I plugged in his information (major, state, region within the state, university, gpa, job type) and it spit out entry, median and top salaries and the suggested offer amount by the employer. I thought that the numbers were on the high side but I haven't been in the job market since 1993.</p>

<p>At any rate, they have a student survey report that I thought many here would find interesting. After reading through it, my impression is that the job market is very, very tough (yeah, I know, I've heard it from many people but I don't personally know anyone out of work that wants to work) and I haven't had to look at the unemployment rate in my state is 5.1%.</p>

<p><a href="http://www.naceweb.org/WorkArea/linkit.aspx?LinkIdentifier=id&ItemID=8760%5B/url%5D"&gt;http://www.naceweb.org/WorkArea/linkit.aspx?LinkIdentifier=id&ItemID=8760&lt;/a&gt;&lt;/p>

<p>Some findings I found interesting:</p>

<p>Five Top Majors where applicants received at least one job offer:</p>

<p>Accounting: 46.9%
Business Administration: 45.4%
Computer Science: 44.1%
Engineering: 41.0%
Social Sciences: 40.5%</p>

<p>What was shocking to me was that the five BEST majors didn't even crack the 50% mark for getting job offers.</p>

<p>Five top majors with highest median salary offers:</p>

<p>Engineering: $59,666
Computer Science: $55,000
Mathematics: $50,351
Accounting: $46,124
Business Administration: $39,525</p>

<p>Having an internship made a big difference in the likelyhood of receiving a job offer and in getting a better salary offer. The gender gap in salary still exists outside of engineering, liberal arts and humanities.</p>

<p>Four most important job/employer attributes: opportunity to advance, location, job security, starting salary.</p>

<p>Job location close to home was extremely important to graduates.</p>

<p>46% of students looking for a job expected financial support from their parents for the first year after college.</p>

<p>BTW, the only elite school that I saw in their list of survey schools was MIT.</p>

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<p>I have had access to NACE information for years through my job as my company participates. I find the information quite accurate and very interesting and I have often referenced it in specifically engineering posts. NACE publishes a number of reports each year looking at different aspects of employers and colleges. Well worth getting one’s hands on. I particularly like the NACE survey of beginning offers that is published annually.</p>

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<p>I’m guessing that the ‘National Universities’ have a very large OOS student body, especially the private nationals. The student body here may not be too concern on where their old home was nor where their new home will be, other than having the job that they want.</p>

<p>I think that these NACE statistics are very general. </p>

<p>If I was a global or nationwide company, I’d look to schools that have a large OOS population.</p>