Compliance

Grads Snag Highest Wages Among Securities Firms

By Staffing staff

Jan. 20, 2012

Employers in the securities industry paid the highest average starting salary to bachelor’s degree-level grads from the Class of 2011, according to the National Association of Colleges and Employers.

Securities employers paid grads an average starting salary of $58,571. Overall, they provided 42,000 jobs to the Class of 2011.

The securities industry includes firms that underwrite securities issues, act as agents (i.e. brokers), provide securities and commodity exchange service and provide services such as managing portfolios.

The second-highest paying industry for new grads was electric power generation, transmission and distribution, according to NACE. Its average salary for new grads with bachelor’s degrees was $56,780. The industry hired 2,000 grads.

Data contained in NACE’s report is reported by employers.

Filed by Staffing Industry Analysts, a sister company of Workforce Management. To comment, email editors@workforce.com.

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