<p>There is good news for the Class of 2024: Salary projections at the bachelor’s degree level are higher than the projections reported for the Class of 2023, according to a new report from the National Association of Colleges and Employers (NACE).</p>
<p>“Although the <a href="https://www.naceweb.org/about-us/press/class-of-2024-dip-in-hiring-projections-follows-record-job-growth-salaries-stable" data-sf-ec-immutable="">overall hiring projection for Class of 2024</a> bachelor’s degree graduates is down slightly from last year, the increase in salary projections across the board reported in our Winter 2024 <em>Salary Survey</em> indicates healthy demand for this year’s class,” says <a href="https://www.linkedin.com/in/svanderziel/" data-sf-ec-immutable="">Shawn VanDerziel</a>, NACE’s president and chief executive officer.</p>
<p>With an overall projected average salary of $76,736, engineering graduates are expected to be the Class of 2024’s top-paid majors. This is a 3.1% increase over last year’s projections. (See Figure 1.)</p>
<p>As was the case last year, computer sciences majors are expected to be second on the list of top-paid majors. Their projected 2.7% increase to $74,778 is an upswing from the 4% decrease computer sciences majors from the Class of 2023 were expected to experience.</p>
<p>The average salary projection for math and sciences graduates ($71,076) is almost 6% greater than last year’s average projection.</p>
<p>Business graduates from the Class of 2024 have an average salary projection that is 3% higher, lifting it to $63,907.</p>
<p>In addition, business majors account for six of the top 10 degrees most in demand among employers at the bachelor’s degree level; computer sciences and engineering majors round out the list. At least 60% of responding employers plan to hire finance, accounting, and computer science majors. (See Figure 2.)</p>
<p><img src="https://www.naceweb.org/images/default-source/2024/charts/projections-point-to-salary-increases-for-class-of-2024-bachelors-grads-figure-1.jpg?Status=Master&;sfvrsn=98542c63_3" alt="Figure 1" /></p>
<p><img src="https://www.naceweb.org/images/default-source/2024/charts/projections-point-to-salary-increases-for-class-of-2024-bachelors-grads-figure-2.jpg?Status=Master&;sfvrsn=e65583e_3" alt="Figure 2" /></p>

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