Graduates of BU head into a range of vocations when it comes to work; the health care industry, the health care services industry, and IT services are just a few professional areas popular among alumni. A large chunk of former BU students are employed in the financial services industry; in fact, this is the most popular job sector for this population. Graduates of BU earn around $75K on average.
After graduation, women go on to earn an average of $61K per year compared to men, who earn $88K.
In the BU alumni professional community, Marketing Directors make the highest median pay (approximately $135K), though Senior Software Engineers (about $90K), and Sales Engineers ($80K) are close competitors. Relative to other positions, compensation dwindles for Marketing Managers; alumni in this role face average salaries of $60K.
Boston is a popular place for BU students to settle after graduation, and just under one in three grads find steadfast employment in the city. It is also not uncommon to find former BU students living and working in San Francisco, Calif. — this top-paying city is a popular destination with a median salary of $95K. On the other end, BU grads flock to Washington, DC, which actually offers the weakest median salary of about $51K. Alumni express interest in New York, N.Y. and Chicago, Ill. as well.
A graduate with a Doctorate (PhD) from BU can rake in a whopping average approximately $165K per year, more than any other degree from this school. Graduates holding a Bachelor of Science in Advertising fare the worst in terms of compensation with an average yearly salary of $43K.
Project Management is a common skill among BU alumni — just over one in five grads mention using it at work. People Management commands a pay premium of 60 percent for former Terriers. Other prime know-hows include Microsoft Office, Microsoft Excel, and Data Analysis.
Benefits and Perks
Just under half of the survey participants report receiving paid vacation days, but just one-third of alumni are paid for sick leave. A large number of former students set aside retirement funds in an employer-sponsored 401(k). Health benefits extend to a large number of respondents, and a strong majority of alumni also receive dental coverage. Additional perks enjoyed by Boston University grads include a casual working environment, a company-subsidized cell phone, life insurance, and free drinks.
Alumni of Tufts University pick up average paychecks of $73K, which is closest to the amount made by BU grads among similar schools. Other schools similar to BU include the Massachusetts Institute of Technology, Harvard University, and Brandeis University.