BU alumni can most commonly be found in the health care industry, the banking industry, and the health care services industry, though they are employed throughout a wide range of sectors. The most highly represented industry among alumni is the financial services industry. BU graduates see an average starting salary of $74K.
In the BU alumni community, men make a median salary of $89K compared to their female counterparts, who earn approximately $61K.
Among BU alumni, those working as Marketing Directors report the highest median pay of around $160K, followed by Senior Software Engineers ($90K), and Sales Engineers (about $80K). Sliding in near the bottom are Marketing Managers, who report earnings of $60K.
Rather than relocating after graduation, many BU alumni (just under a third of) end up finding permanent jobs in Boston. BU alumni seeking the highest salaries end up in San Francisco, Calif., which offers a median salary of approximately $95K. Home to the lowest median salary for BU alumni is Washington, DC, a popular place for former students despite its around $51K average paycheck. Other popular cities include New York, N.Y. and Chicago, Ill.
Former Terriers who fare the best in terms of salary hold a Doctorate (PhD) and earn a median salary of $165K per year. A Bachelor of Science in Advertising offers the lowest median annual financial reward ($36K).
Just under one in four BU grads wind up using Project Management at their job, which is one of the most common skills among alumni. Former Terriers with People Management experience garner salaries that are 60 percent more than other grads' salaries. Proficiency in Microsoft Office, Microsoft Excel, and Data Analysis command top-of-the-line rewards as well.
Benefits and Perks
Though half of the respondents get paid time off for vacation, only one in three grads receive paid sick leave. A large number of graduates receive health insurance, and a strong majority of alumni get dental coverage. To plan for old age, most grads maintain savings accounts through a company's 401(k) plan. Boston University alumni are also on the receiving end of a casual working environment, a company-subsidized cell phone, life insurance, and tuition reimbursement.
Compensation averages about $76K for Rensselaer Polytechnic Institute alumni, making their earnings most comparable to BU grads. The Massachusetts Institute of Technology, Harvard University, and Tufts University are also similar to BU.