How much money do Drake University graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $48,600 per year. After ten years, graduates earn $68,500 on average.
In terms of specific areas of study, the following is a ranking of degree programs by the median first-year starting salaries for Drake graduates.
The undergraduate degree which initially pays the highest is Management Sciences and Quantitative Methods with a median starting salary of $71,600 followed by Computer and Information Sciences paying $58,300 and Accounting and Related Services graduates who have a median starting income of $54,600 .
Looking at post-graduate and doctorate students, those completing the Pharmacy, Pharmaceutical Sciences, and Administration (First Professional Degree) program rank first with a median initial income of $95,700 followed by Business Administration, Management and Operations (Master's Degree) at $72,500 and Educational Administration and Supervision (Master's Degree) who earn $66,800 .
Note about salary data: First year earnings data are aggregated by the US Department of Education and analyzes IRS reported income for Drake University graduates who received federal financial aid in the form of grants or loans. Not all graduates or fields of study are represented as data for some degree programs are omitted for privacy purposes.
| Major | Earnings |
|---|---|
| Pharmacy, Pharmaceutical Sciences, and Administration (First Professional Degree) | $95,700 |
| Business Administration, Management and Operations (Master's Degree) | $72,500 |
| Management Sciences and Quantitative Methods (Bachelor’s Degree) | $71,600 |
| Educational Administration and Supervision (Master's Degree) | $66,800 |
| Curriculum and Instruction (Master's Degree) | $58,600 |
| Computer and Information Sciences (Bachelor’s Degree) | $58,300 |
| Accounting and Related Services (Master's Degree) | $55,800 |
| Accounting and Related Services (Bachelor’s Degree) | $54,600 |
| Public Administration (Master's Degree) | $53,800 |
| Finance and Financial Management Services (Bachelor’s Degree) | $53,700 |
| Law (First Professional Degree) | $52,200 |
| Business Administration, Management and Operations (Bachelor’s Degree) | $47,100 |
| Marketing (Bachelor’s Degree) | $46,400 |
| Student Counseling and Personnel Services (Master's Degree) | $46,000 |
| Teacher Education and Professional Development, Specific Levels and Methods (Master's Degree) | $46,000 |
| Public Relations, Advertising, and Applied Communication (Bachelor’s Degree) | $41,900 |
| Teacher Education and Professional Development, Specific Levels and Methods (Bachelor’s Degree) | $39,900 |
| Journalism (Bachelor’s Degree) | $35,400 |
| Legal Professions and Studies, Other (Bachelor’s Degree) | $34,300 |
| Biology (Bachelor’s Degree) | $30,400 |
| Psychology (Bachelor’s Degree) | $29,500 |
| English Language and Literature (Bachelor’s Degree) | $29,400 |
| Rhetoric and Composition/Writing Studies (Bachelor’s Degree) | $28,900 |
| Pharmacy, Pharmaceutical Sciences, and Administration (Bachelor’s Degree) | $27,400 |
| Drama/Theatre Arts and Stagecraft (Bachelor’s Degree) | $19,400 |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=153269 IPEDS survey and College Scorecard data for Drake University.