Top Majors for College Class of 2011

 

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CONTACT Andrea Koncz, ext. 121, or Mimi Collins, ext. 119, 800.544.5272
E-MAIL akoncz@naceweb.org
E-MAIL mcollins@naceweb.org
DATE November 18, 2010
SUBJECT Top Majors for College Class of 2011

BETHLEHEM, PA— Employers are most interested in hiring new college graduates with bachelor’s degrees in the business, engineering, and computer science fields, according to results of a new survey conducted by the National Association of Colleges and Employers (NACE).   

Nearly 62 percent of the organizations taking part in NACE’s Job Outlook 2011 survey cited plans to hire accounting graduates. Other popular degrees at the bachelor’s degree level included finance (57 percent of respondents), electrical engineering (53.5 percent ), computer science (53 percent), mechanical engineering (53 percent), and business administration/management (52 percent). 

“The results are not surprising,” says Marilyn Mackes, NACE executive director. “These degrees are consistently cited by organizations involved in college recruiting and hiring as among the most sought-after.” 

Employers in accounting services; government; and finance, insurance, and real estate companies look like “best bets” for jobs for accounting graduates. Finance, insurance, and real estate companies also expressed a lot of interest in finance, computer science, and business administration majors. (See Figure 1.) 

NACE provides periodic updates on the job market and demand for new college graduates throughout the academic year through a series of reports and surveys. From December through April, NACE will update hiring projections for the Class of 2011. In early 2011, NACE will release results of its Salary Survey report, which will provide a first look at starting salary offers for new college graduates from the Class of 2011.

Figure 1: Who's hiring, by industry

Major

Most Interested
Industries

Percentage of
Industry Respondents

Accounting

Accounting Services

100%

 

Government

88%

 

Finance, Insurance, & Real Estate

85%

Finance

Finance, Insurance, & Real Estate

95%

 

Management Consulting

89%

 

Food & Beverage Mfg.

70%

Electrical Engineering

Utilities

100%

 

Computer & Electronics Mfg.

92%

 

Miscellaneous Mfg.

72%

Computer Science

Information

100%

 

Computer & Electronics Mfg.

85%

 

 Finance, Insurance, & Real Estate

85%

Mechanical Engineering

Utilities

100%

 

Chemical (Pharmaceutical Mfg.)

95%

 

Food & Beverage Mfg.

90%

Business Administration/Management

Food & Beverage Mfg.

90%

 

Retail Trade

88%

 

Finance, Insurance, & Real Estate

80%

Source: Job Outlook 2011, National Association of Colleges and Employers. All data are for bachelor’s degree graduates.

 

About Job Outlook 2011:  Each year, through the Job Outlook survey, the National Association of Colleges and Employers (NACE) surveys its employer members about their hiring plans and other employment-related issues in order to project the job market for new college graduates for the current class and to assess a variety of conditions that may influence that market. 

Data for Job Outlook 2011 were collected from NACE employer members from mid-August through October 15, 2010. A total of 172 surveys were returned—a 20.7 percent response rate. Of those responding, 12.8 percent of respondents were from the West, 29.7 percent were from the Midwest, 25.6 percent were from the Northeast, and 32 percent were from the Southeast. 

About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org. NACE maintains a virtual press room for the media at www.naceweb.org/pressreleases/.