NEW YORK (CNNMoney) -- College grads are getting offered bigger paychecks for the first time since 2008.
Students who will graduate this spring are receiving job offers with starting salaries averaging $50,034 per year, up 3.5% from last year, according to a survey from the National Association of Colleges and Employers.
Meanwhile, employers surveyed by NACE said they plan to boost hiring of college graduates by 13.5% from a year ago.
Business majors noticed the biggest bump, with the average salary offer rising nearly 2% to $48,089.
Within the business discipline, accounting majors received salary offers of $49,022, up 2.2%, while finance majors were offered an average $50,535, an increase of 1.9%.
Offers for business administration/management graduates slipped slightly to $44,171, down 2.3%.
Graduates majoring in engineering -- typically one of the highest-paying fields -- didn't see a big change overall, with the average starting salary down a mere 0.3% but still high at $59,435.
Certain engineering majors, however, saw significant jumps, with electrical engineering majors receiving an average salary offer of $61,690 -- up 4.4% from the previous year. Offers for mechanical engineers climbed 3.8% to $60,598.
But it didn't pay as much to graduate with a degree in civil engineering this year, with starting salaries in that field slipping 7.1% to $48.885.
While the association's survey didn't break out starting salaries for individual liberal arts majors, offers were up a whopping 9.5% to $35,633 for the group as a whole. That compares to a steep drop of 11% last year.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.85%||3.87%|
|15 yr fixed||2.96%||2.98%|
|30 yr refi||3.96%||4.00%|
|15 yr refi||3.06%||3.08%|
Today's featured rates:
Mining companies are cutting jobs as China's economic slowdown causes prices to tumble. More
Donald Trump finally gives more detail on his economic plans. More
The Galaxy Note 5 costs about $700 in stores. But how much does it actually cost Samsung to make? More
Smartphones are expensive. So using the one your employer gives you can save a lot of money. But in exchange you may be forfeiting control and privacy. More