The average salary for a University of Scranton student graduating with a bachelor’s degree in 2004 was $35,369.
The results were revealed in a post-graduation survey released this week by the university. While the average salary varied by position, location and how closely the graduate’s employment matched the academic preparation, the highest averages were reported in nursing ($50,724), biochemistry ($46,500) and accounting ($42,737).
The survey shows 98 percent of its graduate school class and 96 percent of its undergraduate class are employed or were pursuing additional education within six months of graduating.
The survey is based on responses from 65 percent of the 190 students who received master’s degrees and 75 percent of the 841 students who received bachelor’s degrees in 2004.
Of the 2004 graduates earning a bachelor’s degree who responded to the survey, 60 percent are employed full-time, 5 percent are employed part-time, and 31 percent are pursuing additional education within six months of graduation.
For the master’s degree graduates, 89 percent of respondents are employed full-time, 4 percent are employed part-time and 5 percent are pursuing additional education. Only 2 percent report being unemployed.
The average salary reported is $49,638, based on the 72 graduates who provided salary information. Most salaries reported are in the range of $45,000 to $49,999. Salaries reported vary by degree programs as well as geographic location. The highest average salary reported is $122,500 for graduates with master’s degrees in nurse anesthesia, followed by MBA graduates with a concentration in operations management at $72,500 and graduates with master’s degrees in human resource administration at $72,333.
Sixty-five percent of the master’s degree graduates who are employed full-time are working in Pennsylvania. Twenty-two percent report working in New Jersey and New York. New York has the highest average salary of $38,702, followed by New Jersey with $36,615. The average salary reported for graduates in Pennsylvania is $33,123 and $28,845 for Northeastern Pennsylvania.
Detailed information for the university’s class of 2005 will not be available until next year.
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