Money is one of the basic needed things in one person’s life because money gives access to many accessories and it helps in achieving the other basic needs of a person like housing, food, and shelter. Now being such an important aspect of life earning money doesn’t only give access to these, but also a moment of pride. Let’s see what is a good starting salary for a recent college graduate?
Just like a sense of pride gets when you earn the same sense of pride or rather more than that comes when you graduate, being it any field. Graduation is completing a degree or diploma from a college or university.
Now a question must have arisen in everyone’s mind how much money is good for a freshman who has just graduated from his university or college, that completely depends on the type of degree/diploma you hold. Based on the degree as a graduate, there are broad categories that are offered worldwide an overview of subjects mainly revolves around the following subjects.
- Medical
- Engineering
- Arts
- Commerce
Apart from the field of studies or degree offered a salary also depends on the type of university or college, briefly going to each university and going through the average salary offered to graduates will be such a long task, but definitely, we can have an overview, of the basic pay a fresh graduate must be offered. Now we will be assuming that the university or college whichever we are talking about is an average university because if we talk about famous universities then their pay scale of graduate students is very higher as compared to medium or average universities.
MEDICAL
Doctors are seen in this century as a representation of God because God is the one who gave us life and doctors are the ones who save our life when we are in bad times. So holding a degree in the medical be it either for treatment or research is seen as a great achievement. Graduation degree in the medical is a time taking and also a high investment field because the median fee ranges between $200,000 to $350,000 in the USA and after completing the degree, starting salary of a fresher or new graduate in the medical field ranges between $80,000 and $150,000 annually.
ENGINEERING
This field of study is mainly about innovation and developments of new products or services that are done to make things or the working of life easy for species on this planet. Engineering is such a diverse field that categorizing it under a title will be just unfair for its diversified field, we will briefly discuss the different fields and the expected salary of a new graduate from this field.
- Mechanical engineering
This field revolves around making and doing innovations in the field of machines. The basic pay range for a fresh graduate is around $60,000 and $85,000.
- Civil engineering
Civil engineers are the people whose work is in the planning, designing, and construction of premises, and skyscrapers, and all these are done keeping in mind that environmental health is not damaged. The starting pay range of a civil engineer is between $70,000 to $90,000.
- Electrical engineer
Electrical engineers are the people who are the reason behind making, designing, and studying devices and systems which use electricity as their main component.
The starting pay range of an electrical engineer is between $78,000 to $102,000.
There are an enormous number of options available under the engineering degree, and the starting salary of discussing every field with their starting salary is going to be a very descriptive thing, let’s give an overview of the starting salary of a computer engineer and software engineer this field is the new century money-making fields as the world is shifting towards software and human wants everything at their fingertips and computer engineers are making it easy for them, this field starting salary is around $120,000 to $260,000. Fields such as aerospace engineers make around $150,000 to $248,000.
ARTS
Arts is an underrated field yet it is one of the important fields that is needed in today’s era because of its diverse field of studies and degrees offered such as astronomy, architecture, music, drawing, painting, and a lot more options that are given to students looking for options in arts. The starting salary of a graduate in the art field is $45,000 to $78,000. Anything between these is a good salary
COMMERCE
Commerce is a study of trade, and business activities and their main job revolve around dealing with accounting and finance activities. As this field’s main work revolves around money and business scope in this field is good. The average salary a fresh graduate can earn is $68,000 to $100,000
CONCLUSION
The starting salary of fresh graduates depends on many factors but of course, it depends on how much you want to earn there are a lot of opportunities that students can get into. The above average salary is for fresh graduates from different fields and different sectors anything between the average salary can be said to be a good salary.
