How much money do McDaniel College graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $36,200 per year. After ten years, graduates earn $53,400 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 McDaniel College graduates.
The undergraduate degree which initially pays the highest is Business Administration, Management and Operations with a median starting salary of $47,500 followed by Communication and Media Studies paying $37,400 and Sociology graduates who have a median starting income of $30,800 .
Looking at post-graduate and doctorate students, those completing the Curriculum and Instruction (Master's Degree) program rank first with a median initial income of $59,500 followed by Teacher Education and Professional Development, Specific Subject Areas (Master's Degree) at $52,600 and Student Counseling and Personnel Services (Master's Degree) who earn $43,900 .
Note about salary data: First year earnings data are aggregated by the US Department of Education and analyzes IRS reported income for McDaniel College 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 |
|---|---|
| Curriculum and Instruction (Master's Degree) | $59,500 |
| Teacher Education and Professional Development, Specific Subject Areas (Master's Degree) | $52,600 |
| Business Administration, Management and Operations (Bachelor’s Degree) | $47,500 |
| Student Counseling and Personnel Services (Master's Degree) | $43,900 |
| Communication and Media Studies (Bachelor’s Degree) | $37,400 |
| Sociology (Bachelor’s Degree) | $30,800 |
| Psychology (Bachelor’s Degree) | $28,800 |
| Health and Physical Education/Fitness (Bachelor’s Degree) | $25,500 |
| History (Bachelor’s Degree) | $21,300 |
| English Language and Literature (Bachelor’s Degree) | $21,200 |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=164270 IPEDS survey and College Scorecard data for McDaniel College.