what is a good entry level salary?

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Staggering Entry-Level Salaries: How Much Can You Make Right out of College?

It’s no secret that college graduates are increasingly entering the workforce with higher paying jobs and higher levels of job satisfaction. Graduates are now more likely than ever to find jobs that pay well and offer great benefits. But how much can you really make right out of college?

The answer is, it depends. There are many factors that can influence the salary you can expect to receive right out of college. It is important to consider your major, the type of job you are looking for, and the city in which you are living. It is also important to consider the specific skills and experience that you possess.

Entry-Level Salaries by Major

The major you choose can have a big impact on your entry-level salary. Generally, majors that require more technical skills, such as engineering, computer science, and business, tend to have higher entry-level salaries than those that require softer skills, such as humanities and social sciences.

For example, graduates with a degree in engineering can expect to earn an average of $65,000 per year right out of college. Similarly, those with a degree in computer science can expect to make around $62,000. On the other hand, graduates with a degree in the humanities can expect to make around $45,000, while those with a degree in social sciences can expect to make around $40,000.

Entry-Level Salaries by Job Type

The type of job you are looking for can also have a major impact on your entry-level salary. Generally, those who pursue careers in technology, finance, and consulting can expect to earn high entry-level salaries. For example, those who pursue a career in technology can expect to make around $70,000, while those who pursue a career in finance can expect to make around $80,000. Similarly, those who pursue a career in consulting can expect to make around $85,000.

On the other hand, those who pursue careers in education, healthcare, and public service can expect to earn lower entry-level salaries. For example, those who pursue a career in education can expect to make around $45,000, while those who pursue a career in healthcare can expect to make around $50,000. Similarly, those who pursue a career in public service can expect to make around $40,000.

Entry-Level Salaries by City

The city in which you live can also have a major impact on your entry-level salary. Generally, those who live in large cities, such as New York City, Los Angeles, and San Francisco, can expect to earn higher entry-level salaries than those who live in smaller cities. For example, those who live in New York City can expect to make around $90,000, while those who live in Los Angeles can expect to make around $80,000. Similarly, those who live in San Francisco can expect to make around $75,000.

On the other hand, those who live in smaller cities, such as Detroit, Cleveland, and Milwaukee, can expect to earn lower entry-level salaries. For example, those who live in Detroit can expect to make around $45,000, while those who live in Cleveland can expect to make around $40,000. Similarly, those who live in Milwaukee can expect to make around $35,000.

Conclusion

In conclusion, the amount of money you can make right out of college depends on a variety of factors, such as your major, the type of job you are looking for, and the city in which you are living. Generally, those who pursue careers in technology, finance, and consulting can expect to earn higher entry-level salaries than those who pursue careers in education, healthcare, and public service. Similarly, those who live in large cities, such as New York City, Los Angeles, and San Francisco, can expect to earn higher entry-level salaries than those who live in smaller cities.

If you are a recent college graduate or soon to be college graduate and are looking to maximize your earning potential right out of college, it is important to consider all of the factors discussed above. Additionally, if you are looking to start your own business, ABusinessOwner.com can help you get started.