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

Students who graduate from the Massachusetts Institute of Technology (mit) earn between approximately $95K from the lowest paying jobs to $250K from the most lucrative. This report is based on the answers of Massachusetts Institute of Technology (mit) graduates who responded to PayScale's salary questionnaire.

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

Median Salary by Job

Job
National Salary Data 
$0$90K$180K$270K
Chief Financial Officer (CFO)
3 salaries
$200,000  
   
Director of Strategy
2 salaries
$150,000  
Business Development Manager
2 salaries
$108,479  
Product Manager, Software
2 salaries
$95,000  
Project Manager, Information Technology (IT)
2 salaries
$120,000  
President and CEO
2 salaries
$250,000  
Country: United States | Currency: USD | Updated: 1 Sep 2015 | Individuals Reporting: 56
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Industry

The most highly represented industry among alumni is the retail industry.

Gender

After graduation, women go on to earn an average of $102K per year compared to men, who earn about $139K.

Jobs

Massachusetts Institute of Technology (mit) grads who become President and CEOs are compensated well above average — these folks are top-earners among their graduating class, making an average $250K yearly. Also notably well-paid are Chief Executive Officers and Directors of Strategy; their salaries approach around $215K and $150K, respectively. Sliding in near the bottom are Product Managers of Software, who report earnings of approximately $95K.

Locations

Many Massachusetts Institute of Technology (mit) grads flock to Boston, Mass. Massachusetts Institute of Technology (mit) alumni seeking the highest salaries end up in Mountain View, Calif., which offers a median salary of $150K. Though San Francisco, Calif. takes the cake for lowest pay among Massachusetts Institute of Technology (mit) grads (the median salary is $115K there), it remains a common destination for former students. Graduates also relocate to New York, N.Y. and Cambridge, Mass.

Degree Major

A graduate with a Master of Business Administration (MBA), General Business from Massachusetts Institute of Technology (mit) can rake in a whopping average $191K per year, more than any other degree from this school. Graduates holding a Master of Finance (MFin) fare the worst in terms of compensation with an average yearly salary of around $60K.

Skills

Many former Massachusetts Institute of Technology (mit) students are familiar with Project Management, and roughly one in four grads move on to positions where this experience is utilized. Competency in People Management translates into above-average pay for Massachusetts Institute of Technology (mit) grads — they earn 5 percent more than their fellow graduates. Operations Management, Strategic Planning, and Financial Analysis are among other dominant skills.

Benefits and Perks

Though vacation and sick days are paid for some, these benefits are reported by the minority of graduates (one-third of alumni and one-seventh of alumni, respectively). Nearly all graduates take advantage of a 401(k) plan. Nearly all respondents enjoy benefits like health insurance, while a large number of grads receive dental plans, too. Graduates of Massachusetts Institute of Technology (mit) are also recipients of a casual working environment, life insurance, free drinks, and stock options.

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

Gender

Female
23 %
Male
77 %
Salary
$41,217 - $155,000
Salary
$88,510 - $164,727
Less than 1 year
6%
1-4 years
16%
5-9 years
25%
10-19 years
31%
20 years or more
22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

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