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Starting Salaries for Physicists


Starting Salary Bachelor's Degree 1999

Starting Salaries in 1999 by Bachelor's Degree*

The unemployment rate for Physics grads is very low (e.g. 3%, American Institute of Physics Survey, 1995).

Chemical Engineering 46929
Computer Engineering 45666
Electrical Engineering 45180
Computer Science 44649
Mechanical Engineering 43275
Physics 40025 (breakdown by type of employer)
---> Computers 43807 (23%)
---> Engineering 42460 (11%)
---> Other* 40622 (19%)
---> Research/Consulting/Technical 40295 (36%)
---> Education 26300 (11%)
Information Science 38902
Mathematics 37253
Environmental Engineering 36827
Architectural Engineering 36360
Civil Engineering 36076
Geology 34892
Accounting 34644
Chemistry 34111
Political Science 29651
Biology 29047
History 28278
Sociology 28040
Communications 27504
English 27062
Psychology 26652
Environmental Science 26536
Education 26291
* In the Physics Bachelor breakdown above, ``Other" includes accounting, sales, design, quality control, management trainee, etc. Also shown is the fraction of offers to Physics majors in each employment subfield. Information is from ``Salary Survey", published Sept. 1999 by the National Association of Colleges and Employers.

 


Starting Salary 1999 Advanced Degree

 

Starting Salaries in 1999 for PhD and Masters Degrees*

PhD DEGREE

Electrical Engineering 70848
Chemical Engineering 67333
Mechanical Engineering 64283
Physics 60288
Civil Engineering 58571
Chemistry 56885
Economics 56615
Mathematics 52908
Psychology 45884
Biology 45679
English 41777

MASTERS DEGREE

Electrical Engineering 57162
Mechanical Engineering 51879
Computer Science 51438
Physics 50552
MBA 50095
Material Science 48980
Civil Engineering 42265
Mathematics 41964
Chemistry 38779
Accounting 38152
Biology 34453
Education 33959
Humanities 36020
Psychology 27653

*From ``Salary Survey", published September 1999 by the National Association of Colleges and Employers.


Median 1998 Salary - By Profession

 

 

Median 1998 Salaries by Profession*

Physician 164000
Dentist 110000
Pilot 91750
Lawyer 78170
Physicist 73240
Optometrist 68500
Aerospace Engineer 66950
Actuary 65560
Chiropractor 63930
Civil Engineer 62660
Computer Engineer 61910
Financial Manager 55070
Physicist (Bachelors only) 54000
Geologist 53890
Systems Analyst 52180
Mathematician 49120
Police 48700
Economist 48330
Psychologist 48050
Architect 47710
College Instructor 46630
Chemist 46220
Biologist 46140
Nurse 40690
Insurance Underwriter 38710
Accountant 37860
Building Inspector 37540
K-12 Teacher 35000
Mail Carrier 34840
Social Worker 30590
Musician 30020
Fire Fighter 31170
Designer 29200
Actor 27400
Travel Agent 23010
Dancer 21430
*From ``Occupational Outlook Handbook 2000-2001", U.S. Department of Labor. All median salaries listed include all educational levels, except for "Physicists (Bachelor's only)" which excludes Masters and Ph.D.s. Other professions have lower salaries (not listed) when such exclusions are made.