5 most popular undergraduate majors of 2011 entry-level hires
by Michelle Megna | June 13, 2011
Business administration, engineering, marketing, management and information systems top the list as the most popular majors held by recent college graduates being hired for entry-level jobs, according to CollegeGrad.com's June 2011 top entry-level employers survey (www.collegegrad.com, 2011). (CollegeGrad.com is owned by Schools.com's parent site, QuinStreet.)
The study found that entry-level job placement at the companies polled is up by 22 percent, with Enterprise Rent-A-Car hiring the most grads (8,500), up from 8,000 the year before. Second is Teach for America (4,925), followed by Verizon Wireless (4,250), Hertz (4,000) and PricewaterhouseCoopers (3,938).
Employers were asked to report the most popular majors of the entry-level candidates they hire, and the findings reveal that the areas of study lean heavily toward business and the sciences.
The results show that the most popular undergraduate majors across all industries are as follows:
1. Business Administration – 14.7%
2. Engineering – 13.0%
3. Marketing – 11.0%
4. Management – 8.7%
5. Information Systems/MIS – 7.8%
6. Banking/Finance – 7.5%
7. Communication – 6.9%
8. Computer Science – 6.6%
9. Accounting – 5.8%
10. Mathematics – 3.5%
11. Other – 14.5%
For the top five employers, the most popular majors of entry-level employees, according to the CollegeGrad survey, and estimated salaries for associated positions, from job site Glassdoor.com, are below. Hiring numbers are for 2009, 2010 and 2011, respectively.
1. Enterprise Rent-A-Car
Hires: 8,000; 8,000; 8,500
Majors: Marketing, Management, Hospitality/Hotel/Rest. Mgmt., Business Administration, Communications
Average salary for management trainee, $31,635; for management assistant, $32,351; assistant store manager, $36,405; manager assistant, $31,965; staff accountant, $38,812
2.Teach For America
Hires: 4,000; 4,500; 4,925
Majors: History, Psychology, Communications, Biology/Biological Science, Sociology/Social Work
Average salary for teachers, $42,451; average salary for marketing associate, $42,792
3.Verizon Wireless
Hires: 13,198; 10,500; 4,250
Majors: Marketing, Liberal Arts/Art/Music, Management, Business Administration, Information Systems/MIS
Average salary for software engineer, $87,712; retail sales rep, $31,568; customer service rep, $30,536; engineer systems, $80,680; business account exec, $48,717; account exec, $42,731; analyst, $50,681
4.Hertz
Hires: 3,000; 3,500; 4,000
Majors: Business Administration, Management, Information Systems/MIS, Hospitality/Hotel/Rest. Mgmt., Accounting
Average salary for accountant, $42,158; management trainee, $26,673; programmer analyst, $61,275; business analyst, $48,000; internal auditor, $40,026
5.PricewaterhouseCoopers
Hires: 1,464; 1,440; 3,938
Majors: Accounting, Finance/Banking, Information Systems/MIS, Math/Actuarial/Statistics, Computer Science
Average salary for tax associate, $59,807; audit associate, $54,004; accountant, $51,000; business analyst, $69,040; staff accountant, $49,750; transaction services associate, $59,000