Average Salary for Massachusetts Institute of Technology (MIT) - Sloan School of Management Alumni

Graduates of Massachusetts Institute of Technology (MIT) - Sloan School of Management typically end up making between $108K and about $180K. The survey respondent pool is largely skewed towards men with a male-to-female ratio of 4-to-1, and men also report larger salaries after graduation than women. Replies from former Massachusetts Institute of Technology (MIT) - Sloan School of Management students to PayScale's salary questionnaire form the basis for this summary.

Massachusetts Institute of Technology (MIT) - Sloan School of Management 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$60K$120K$180K
Chief Executive Officer (CEO)
3 salaries
$180,000  
   
Senior Product Manager
3 salaries
$120,079  
Project Manager, Information Technology (IT)
3 salaries
$120,000  
Vice President (VP), Product Management
2 salaries
$162,500  
Product Manager, Software
2 salaries
$95,000  
Aerospace Engineer
2 salaries
$128,250  
Director of Strategy
2 salaries
$150,000  
Country: United States | Currency: USD | Updated: 21 Feb 2015 | Individuals Reporting: 91
United States (change)

Industry

The software development industry registers as the most common industry among alumni. Those with a degree from Massachusetts Institute of Technology (MIT) - Sloan School of Management tend to make approximately $137K.

Gender

At this school, there are significantly more males than females — the male-to-female ratio is more than 3 to 1 — which leads to a higher number of male grads. After graduation, women go on to earn an average of around $98K per year compared to men, who earn $126K.

Jobs

The Massachusetts Institute of Technology (MIT) - Sloan School of Management alumni who make the most are Chief Executive Officers; they report a median pay of $180K. VPs of Operations and Directors of Strategy draw in a fair amount as well — $160K and $149K. On the lower end, Business Development Managers report making $108K.

Locations

Home to a large number of Massachusetts Institute of Technology (MIT) - Sloan School of Management alums, Boston is by far the most attractive city for these former students. The top-paying city popular with Massachusetts Institute of Technology (MIT) - Sloan School of Management alumni is Mountain View, which offers median salaries of approximately $150K. On the other hand, Massachusetts Institute of Technology (MIT) - Sloan School of Management alumni who end up in Cambridge receive the lowest median salaries of around $97K. New York is also a common pick among Massachusetts Institute of Technology (MIT) - Sloan School of Management grads, along with San Francisco.

Degree Major

Financial compensation is highest for Massachusetts Institute of Technology (MIT) - Sloan School of Management grads with a Master of Business Administration (MBA), General Business (earnings climb to about $180K per year). A Master of Finance (MFin) offers the lowest annual financial reward ($60K).

Skills

Strategic Planning commands a pay premium of 7 percent for Massachusetts Institute of Technology (MIT) - Sloan School of Management grads. Just under one in three grads report using Project Management as part of their job, making it the most popular skill. Experience with Strategic Planning, Business Strategy, and Financial Analysis is highly valued as well.

Benefits and Perks

Only one in three grads earn paid vacation and just one in six survey participants get paid sick time. Dental insurance applies to a strong majority of alumni, and the vast majority of alumni report health coverage. Nearly all respondents participate in a 401(k) program. Massachusetts Institute of Technology (MIT) - Sloan School of Management grads are also lucky enough to receive a casual working environment, life insurance, free drinks, and a company-subsidized cell phone.

Key Stats for Massachusetts Institute of Technology (MIT) - Sloan School of Management

Gender

Female
19 %
Male
81 %
Salary
$50,000 - $141,031
Salary
$85,748 - $151,848
Less than 1 year
5%
1-4 years
15%
5-9 years
26%
10-19 years
36%
20 years or more
18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.
$117,182
$121,399
$117,500
$88,084 - $146,126
$55,000 - $171,938
$78,906 - $132,257
$56,534 - $137,569

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Most Popular City for Massachusetts Institute of Technology (MIT) - Sloan School of Management Alumni
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