![]() ![]() When flows of graduates from institution and major to region and industry of employment are added, a great deal of new and specific intelligence will be available. It’s also a valuable resource for companies and their recruiters in understanding the pool of new and experienced college grads and the salary ranges commanded by different degrees and majors. This new data enables prospective students to better understand the implications of their choice major and school. Earnings are total annual earnings for attached workers from all jobs, converted to 2016 dollars using the CPI-U. These statistics are generated by matching university transcript data with a national database employer payroll records, using state-of-the-art confidentiality protection mechanisms to protect the underlying data. PSEO data provide earnings and employment outcomes for college and university graduates by degree level, degree major, and post-secondary institution. The initial release is limited to earnings data, but later this year, data will be added on employment flows by region and industry for graduates by educational institution and major. Later this year, coverage of students within the Colorado Department of Higher Education will be added. Additional institutions will be added as data sharing partnership agreements are completed. The initial release is limited to institutions in the University of Texas System. These numbers are produced by an innovative new data set, Post-Secondary Employment Outcomes (PSEO), developed by the Longitudinal Employer-Household Dynamics (LEHD) program at the U.S. See “Business, Management, Marketing & Related” section below for graphs illustrating additional data for this field. It may be notable that 2 others, “business/commerce, general” and “accounting and related” are currently commanding lower real first-year salaries (3% and 5% respectively). This business administration field is 1 of 5 reported in the business grouping for UT-Austin. The largest jumps in first year salaries among UT-Austin grads are seen by those earning bachelor’s degrees in “biochemistry, biophysics and molecular biology” and in “business administration, management and operations,” both up 21%. Of the 54 degree fields with earnings data in both cohorts, 3 are essentially unchanged and 6 are earning lower first year salaries than the previous cohort. The most recent UT-Austin cohort of bachelor’s degree earners, 2013-2015, are commanding higher real first-year post-graduation salaries than the preceding 2010-2012 cohort in nearly all fields. The top earning fields skew heavily to science, technology, engineering and math (STEM), however, “liberal arts and sciences, general” is a notable exception among top earning UT-Austin awards at 10 years post-graduation. Of the 16 degrees with a median salary over $100,000, 10 years post-graduation, only 3 are awarded by other UT schools (2 engineering degrees from UT Arlington and a healthcare degree from UT Pan American).įor UT-Austin’s top earning bachelor’s degree fields, 8 of the top 10 in the first year post-graduation are also in the top 10 5 years and 10 years out. ![]() Ten years after earning a bachelor’s degree, petroleum engineering graduates from UT-Austin are still the best remunerated across the UT System. Six of the System’s top 10 best paid bachelor’s degrees are awarded by UT-Austin. Data for additional institutions will become available in the future.īased on first-year post-graduation median annual earnings by field of study, University of Texas at Austin graduates with a bachelor’s degree in petroleum engineering enjoy higher salaries than bachelor’s degree earners of any other program in the University of Texas System. UT is the first institution to complete a data sharing partnership agreement with the agency. While sustaining the anonymity of individual graduates/workers, it provides a big picture view of college transcript data linked to payroll records over time.
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