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

The Massachusetts Institute of Technology (mit) grads can expect to earn between $95K on the low end and $250K at the high end. This outline is based on answers to PayScale's salary survey.

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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
President and CEO
2 salaries
$250,000  
   
Product Manager, Software
2 salaries
$95,000  
Business Development Manager
2 salaries
$108,479  
Director of Strategy
2 salaries
$150,000  
Senior Product Manager
2 salaries
$117,447  
Chief Executive Officer (CEO)
2 salaries
$215,000  
Project Manager, Information Technology (IT)
2 salaries
$120,000  
Country: United States | Currency: USD | Updated: 29 Jul 2015 | Individuals Reporting: 57
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Industry

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

Gender

Male graduates of Massachusetts Institute of Technology (mit) out-earn their female counterparts significantly, earning an average of $134K versus approximately $102K for women.

Jobs

In the Massachusetts Institute of Technology (mit) alumni professional community, President and CEOs make the highest median pay (around $250K), though Chief Executive Officers ($180K), and Directors of Strategy (about $150K) are close competitors. On the lower end, Product Managers of Software report making $95K.

Locations

Many Massachusetts Institute of Technology (mit) grads end up living in Boston, Mass., deeming it the most popular city for former students of this school. With a median salary of $150K, Mountain View, Calif. represents the highest-paid city popular among Massachusetts Institute of Technology (mit) grads. For comparison, the lowest-paying city popular with Massachusetts Institute of Technology (mit) alumni is Cambridge, Mass., which offers a median salary of about $106K. New York, N.Y. and San Francisco, Calif. also rank high on the list of cities.

Degree Major

Massachusetts Institute of Technology (mit) grads who hold a Master of Business Administration (MBA), General Business can expect to fare better than most fellow alumni, earning an average approximately $191K per year. A Master of Finance (MFin) is less advantageous in terms of earnings; alums with this degree are the lowest earners with a median annual pay of $60K.

Skills

Many Massachusetts Institute of Technology (mit) grads have knowledge of Project Management, with approximately one-fourth of alumni using this program on the clock. Knowledge of People Management seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 8 percent more than their former classmates' salaries ($147K). Other top skills include Strategic Planning, Operations Management, and Financial Analysis.

Benefits and Perks

Though vacation and sick days are paid for some, these benefits are reported by the minority of graduates (two-fifths of alumni and one-sixth of alumni, respectively). Dental insurance applies to a large number of respondents, and almost all alums report health coverage. Almost all survey participants set up a 401(k) to save for retirement. Other benefits that Massachusetts Institute of Technology (mit) alumni receive are 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
22 %
Male
78 %
Salary
$41,217 - $155,000
Salary
$89,700 - $159,609

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.
$117,182
$99,159 - $149,845
$68,784 - $170,917
$88,437 - $142,431
$90,000 - $163,000

More Salary Charts for Massachusetts Institute of Technology (MIT) - Sloan School of Management

Most Popular Job for Massachusetts Institute of Technology (MIT) - Sloan School of Management Alumni
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Most Popular Years Experience for Massachusetts Institute of Technology (MIT) - Sloan School of Management Alumni
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Most Popular Employer Name for Massachusetts Institute of Technology (MIT) - Sloan School of Management Alumni
Median Salary Charts


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


Find Out Exactly What You Should Be Paid

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