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Average Salary for Luther College Alumni

Nestled away in Decorah, Iowa, the student population at Luther College, a Evangelical Lutheran Church school, is roughly 2,000. With a liberal arts emphasis, this private university offers its students the pleasures of a well-rounded education. Figures cited in this summary are based on graduates' replies to PayScale's salary questionnaire.

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Overall College ROI Rank

1121
out of 1223
See full list

ROI Rank for Private not-for-profit Universities

358
out of 402
 

Mid-Career Salary Rank for Liberal Arts

107
out of 119

Typical Early Career Salary

$45,700
Luther College Alumni

Median Salary by Job

Job
National Salary Data (?
XAll compensation data shown are the gross, national median (50th percentile). Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Web Designer
3 salaries
$35,964  
   
Senior Web Designer
2 salaries
$35,350  
Corporate Controller
2 salaries
$83,952  
Financial Controller
2 salaries
$80,781  
Business Analyst, IT
2 salaries
$70,944  
Human Resources (HR) Manager
2 salaries
$65,249  
Country: United States | Currency: USD | Updated: 21 Apr 2015 | Individuals Reporting: 72

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About This School

700 College Drive
Decorah, IA 52101-1045

admissions.luther.edu/

2,466

Private School, Liberal Arts, Religious

76 %

18 %

21 %

18 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Graduates of Luther go into the banking industry, the manufacturing industry, and magazine publishing, not to mention a variety of other lines of work. The majority of alumni accept jobs in the retail industry. Luther graduates see an estimated starting salary of approximately $56K.

Jobs

The most generous salaries among Luther alumni are reportedly earned by Finance Directors, whose earnings come to $100K, followed by Corporate Controllers (about $84K) and Financial Controllers ($81K). Senior Web Designers wrap up the bottom of the pay scale, earning around $35K.

Locations

Many Luther grads end up living in Minneapolis, deeming it the most popular city for former students of this school. With a median salary of $104K, Madison represents the highest-paid city popular among Luther grads. Luther College alumni often stay in Decorah following graduation despite having one of the lowest median salaries among popular cities ($45K). Alumni express interest in St. Paul and Iowa City as well.

Degree Major

A Master of Business Administration (MBA) leads to the highest pay for Luther grads ($110K per year). Those with a B.A. in Bachelor of Arts (BA) face salaries on the lower end, coming in close to $35K per year.

Skills

Microsoft Office is a popular skill among Luther alumni, with approximately one-eighth of grads reporting using it on the job. Luther College grads who have experience with Financial Reporting can expect to make 45 percent more than other alumni (approximately $81K on average). Proficiency in Project Management, Microsoft Excel, and HTML command top-of-the-line rewards as well.

Benefits and Perks

Paid vacation days are a given for approximately half of the survey participants, but only one-fourth of alumni are rewarded with paid sick leave. A strong majority of alums take advantage of a 401(k) plan. Benefits are rather generous for graduates of this school; a strong majority of graduates are rewarded with health insurance and most former students report dental coverage, too. Other benefits awarded to Luther College alumni include life insurance, a casual working environment, flexible hours, and tuition reimbursement.

Related Schools

Coe College grads report the most similar salaries to Luther alums, earning $55K on average. Other schools similar to Luther include Carleton College, St Olaf College, and Ripon College.

Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores 1393 1828
ACT Scores 23 29

Key Stats for Luther College

Gender

Female
47 %
Male
53 %
Salary
$30,767 - $70,750
Salary
$36,196 - $82,096
Less than 1 year
4%
1-4 years
33%
5-9 years
25%
10-19 years
23%
20 years or more
15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.
$35,114 - $78,866
$58,629 - $63,502
$35,903 - $70,000
$90,500

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