{"id":130144,"date":"2016-07-14T19:30:26","date_gmt":"2016-07-14T17:30:26","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=130144"},"modified":"2016-07-15T08:53:43","modified_gmt":"2016-07-15T06:53:43","slug":"social-sciences-vs-commerce-graduate-salaries-in-sa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/130144\/social-sciences-vs-commerce-graduate-salaries-in-sa\/","title":{"rendered":"Social Sciences vs Commerce graduate salaries in SA"},"content":{"rendered":"<p>New data shows the difference in earnings potential for graduates in South Africa with a Bachelor of Social Sciences degree, and those who have a Bachelor of Commerce degree.<\/p>\n<p>Analytico, a data and earnings analytic consultancy, conducted a comparative earnings analysis of graduates with a B.Soc degree and a B.Com degree, using its Analytico Salary Analysis Model.<\/p>\n<p>Its findings were based on 7,194 individuals, while the leniently assumed age of entry into the labour market was 24 years old.<\/p>\n<p>With regards to earnings capacity, a student who has completed a B.Com is likely to earn a higher salary than a B.Soc student, particular in the upper segment <strong>R22,173<\/strong> vs <strong>R17,801<\/strong>.<\/p>\n<p>Taking the median, B.Com graduates can expect a salary of <strong>R13,132 <\/strong>versus a median of <strong>R12,533 <\/strong>B.Soc grads.<\/p>\n<p><strong>Read: <a href=\"http:\/\/businesstech.co.za\/news\/business\/108165\/this-is-how-much-money-matric-leavers-can-expect-to-earn\/\" target=\"_blank\">This is how much money matric leavers can expect to earn<\/a><\/strong><\/p>\n<p>The latest unemployment statistics show that South Africa sits with a youth unemployment rate of 60% &#8211; a staggering figure. Two out of three people between the ages of 18 and 28 sit without work.<\/p>\n<p>Underlining the plight of graduates without work experience, the data stated that the unemployment rate for individuals who have completed a B.Com is 33%, versus 49% for those individuals with a B.Soc.<\/p>\n<p>B.Soc falls within the Faculty of Humanities and includes the following subjects: Anthropology, Economics, Gender Studies, Industrial Sociology, Philosophy, Politics and Governance, Psychology, Religious Studies, Social Development and Sociology.<\/p>\n<p>A B.Com may include the following subjects: Auditing, Accounting, Actuarial science, Business System Analysis, Business Economics, Banking and Computers and Management Information Systems.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/07\/Gross-monthly-salary.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-new-size wp-image-130158\" src=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/07\/Gross-monthly-salary-640x433.png\" alt=\"Gross monthly salary\" width=\"640\" height=\"433\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/07\/Gross-monthly-salary-640x433.png 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/07\/Gross-monthly-salary-300x203.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/07\/Gross-monthly-salary.png 715w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"30%\">Qualification<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Lower percentile<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Median<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Upper percentile<\/th>\n<\/tr>\n<tr>\n<td>B.Com<\/td>\n<td>R6 515<\/td>\n<td>R13 132<\/td>\n<td>R22 173<\/td>\n<\/tr>\n<tr>\n<td>B.Soc<\/td>\n<td>R6 568<\/td>\n<td>R12 533<\/td>\n<td>R17 801<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<h3 class=\"my-4\">More on wages in South Africa<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/wealth\/126957\/how-much-money-the-average-joe-ceo-earns-in-south-africa\/\" target=\"_blank\">How much money the \u201caverage Joe\u201d CEO earns in South Africa<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/wealth\/109407\/how-much-you-should-be-earning-in-your-30s-in-south-africa\/\" target=\"_blank\"><strong>How much you should be earning in your 30s in South Africa<\/strong><\/a><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/wealth\/109405\/how-much-you-should-be-earning-in-your-20s-in-south-africa\/\" target=\"_blank\">How much you should be earning in your 20s in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New data shows the difference in earnings potential for graduates in South Africa with a Bachelor of Social Sciences degree, and those who have a Bachelor of Commerce degree.<\/p>\n","protected":false},"author":10,"featured_media":130146,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26],"class_list":["post-130144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=130144"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130144\/revisions"}],"predecessor-version":[{"id":130182,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130144\/revisions\/130182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/130146"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=130144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=130144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=130144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}