CMU alumni can most commonly be found in the e-commerce, business to consumer (b2c) industry, software as a service (SAAS) development, and the architectural services industry, though they are employed throughout a wide range of sectors. The majority of CMU alumni wind up in the engineering services industry. CMU graduates often advance into high-paying positions, which is somewhat expected given their above-average SAT scores and graduation rate. Those with an education from CMU earn an average of $93K.
There's a noticeable difference between the genders; where the average man hauls in $97K after graduating from CMU, the average woman earns only $75K.
CMU grads who become Software Engineers are compensated well above average — these folks are top-earners among their graduating class, making an average approximately $127K yearly. Also notably well-paid are Information Technology Consultants and Senior Management Consultants; their salaries approach around $103K and $100K, respectively. Project Architects wrap up the bottom of the pay scale, earning about $62K.
CMU alumni seem to appreciate living in Pittsburgh, and approximately one-fourth of grads actually choose to stay and find employment here after completing their coursework. CMU alumni seeking the highest salaries end up in Reston, Va., which offers a median salary of approximately $120K. CMU alumni in Washington, DC can often be found sliding in at the lower end of the pay scale, where median paychecks are the smallest at $60K. San Francisco, Calif. is also a top pick, as is New York, N.Y.
A graduate with a Master of Science (MS), Business Intelligence from CMU can rake in a whopping average $193K per year, more than any other degree from this school. Those holding a Master of Arts (MA) are less fortunate in terms of earnings, bringing in $58K on average per year.
Slightly less than a fourth of CMU grads wind up using Project Management at their job, which is one of the most common skills among alumni. For Carnegie Mellon University grads, proficiency in Java warrants a paycheck that is 12 percent more than other alumni salaries. Demonstrated ability in Java, Microsoft Office, and Engineering Design rank among leading skills as well.
Benefits and Perks
Paid vacation days are a given for just over half of the respondents, but only one-third of alumni are rewarded with paid sick leave. Health insurance benefits extend to nearly all graduates, and most former students sign up for dental plans. Almost all graduates set up a 401(k) to save for retirement. Carnegie Mellon University grads also enjoy benefits like life insurance, a casual working environment, tuition reimbursement, and flexible hours.
Median pay for University of Pennsylvania grads is $86K, making their salaries most similar to those of CMU grads. Other schools similar to CMU include Case Western Reserve University, Johns Hopkins University, and Georgetown University.