Former BYU students are professionally suited for a wide range of fields including the manufacturing industry, the public accounting industry, and the aerospace and defense industry. A large chunk of former BYU students are employed in the banking industry; in fact, this is the most popular job sector for this population. Median pay for those who graduated from BYU amounts to $72K.
After graduation, women go on to earn an average of $49K per year compared to men, who earn $75K. Graduates who took the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
The BYU alumni who make the most are Software Architects; they report a median pay of $145K. Senior Civil Engineers and Senior Financial Analysts draw in a fair amount as well — about $95K and approximately $89K, respectively. Sliding in near the bottom are Associate Auditors, who report earnings of around $52K.
Salt Lake City, Utah is filled with BYU grads. Draper, Utah is another hot spot for BYU grads, where salaries rank at the top of the pay scale (compensation averages out to approximately $120K). Among popular cities, the lowest average pay is found in Provo at $47K. Regardless of salary, a large portion of Brigham Young University grads opt to live in the area following graduation. Alumni express interest in Austin, Texas and Phoenix, Ariz. as well.
Financial compensation is highest for BYU grads with a Master of Business Administration (MBA) (average earnings climb to $98K per year). Those with a Master of Accounting (MAcc) face salaries on the lower end, coming in at an average around $60K per year.
Former Cougars with Project Management experience garner salaries that are 6 percent more than other grads' salaries. Slightly less than a fifth of grads report using Project Management as part of their job, making it the most popular skill. Demonstrated ability in Microsoft Excel, Microsoft Office, and Engineering Design rank among leading skills as well.
Benefits and Perks
More than half of graduates can rely on paid vacation days, but just one-fourth of alumni have the luxury of paid sick time. The vast majority of survey participants have medical plans, and a fair number of grads have dental insurance. Almost all alums allocate some part of their earnings to a company-sponsored 401(k) savings plan. Other benefits awarded to Brigham Young University alumni include life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.
Compensation averages $72K for Southern Methodist University alumni, making their earnings most comparable to BYU grads. Other schools similar to BYU include the University of Denver, Claremont Graduate University, and Saint Louis University-Main Campus.