Good news for university grads: the vast majority of people coming out of universities with undergraduate degrees are finding well-paying jobs soon after graduation.

A new report from the Council of Ontario Universities finds that 87% of 2011 graduates were employed within six months of leaving school and more than 93% had jobs two years after graduation. The average salary for university graduates working full time two years after graduation was $49,398.

The report certainly makes the picture look pretty rosy. Several degrees even showed a 100% employment rate.

Degrees with 100% employment rate two years after graduation:

  • Dentistry
  • Forestry
  • Optometry
  • Therapy and rehabilitation
  • Veterinary medicine

The lowest performing degrees showed around 9%-10% unemployment rates.

Degrees with lowest employment rate two years after graduation:

  • Agricultural and biological sciences
  • Physical sciences
  • Theology
  • Other arts and sciences
  • Humanities

The report also looked at salaries, which range widely based on area of study. Dentistry grads were making the most two years after graduation at $99,706, followed by Pharmacy grads with $91,031, and optometry grads at $91,000.

The lowest paying degrees were fine and applied arts making $35,993 after two years, followed by Humanities at $38,109, and Kinesiology/Recreation/Phys-Ed at $38,458.

Here an infographic breaking down all the pertinent information. And there is another breakdown here.


See also:

So what can you do with that English degree?
The university degrees that earn the highest starting salaries
How to earn an extra $300,000