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

The Massachusetts Institute of Technology (mit) grads can expect to earn between $108K on the low end and around $350K at the high end. This outline is based on answers to PayScale's salary survey.

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College Salary Report

11th

Early Career Salary 

$131,000

Mid-Career Salary 

$171,000

% High Meaning 

61 %

Compare to Other Graduate Schools

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

Median Salary by Job

Job
National Salary Data 
$0$60K$120K$180K
Software Engineer
99 salaries
$104,998  
   
Mechanical Engineer
39 salaries
$75,108  
Senior Software Engineer
36 salaries
$129,059  
Aerospace Engineer
28 salaries
$98,510  
Director of Engineering
18 salaries
$161,805  
Electrical Engineer
16 salaries
$90,000  
Product Manager, Software
16 salaries
$103,382  
Country: United States | Currency: USD | Updated: 19 Jul 2016 | Individuals Reporting: 1,482
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Industry

A large chunk of former Massachusetts Institute of Technology (mit) students are employed in the telecommunications solutions industry; in fact, this is the most popular job sector for this population.

Jobs

The most lucrative professionals among Massachusetts Institute of Technology (mit) alumni are Chief Financial Officers; they earn a median annual salary of about $350K. Also approaching the top of the pay scale at $250K and $120K, respectively, are President and CEOs and Information Technology Project Managers. Salaries are anything but generous for Business Development Managers, whose earnings rank lowest on the pay scale at approximately $108K.

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. Massachusetts Institute of Technology (mit) grads also flock to Chicago, Ill., which is home to salaries significantly above average (median pay is $215K). On the far end of the pay scale, Massachusetts Institute of Technology (mit) alumni often reside in Cambridge, Mass., which is home to the lowest pay at about $110K. Seattle, Wash. and New York, N.Y. are also desirable cities.

Degree Major

Massachusetts Institute of Technology (mit) grads who fare the best in terms of salary hold a Doctorate (PhD) and earn a median salary of approximately $370K per year. A Bachelor of Science in Mechanical Engineering (ME) commands less pay, and these degree-holders face median pay of $80K.

Skills

More than a third of grads report using Project Management as part of their job, making it the most popular skill. Business Strategy commands a pay premium of 6 percent for Massachusetts Institute of Technology (mit) grads. Experience with Microsoft Excel, Business Analysis, and Financial Analysis is highly valued as well.

Benefits and Perks

Dental insurance applies to most grads, and nearly all survey participants report health coverage. In an effort to save up for the years ahead, almost all grads contribute to a 401(k). Additional benefits handed to Massachusetts Institute of Technology (mit) alumni include a casual working environment, life insurance, free drinks, flexible hours, and tuition reimbursement.

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

Gender

Female
25 %
Male
75 %
Salary
$50,000 - $176,569
Salary
$90,604 - $157,243
Less than 1 year
6%
1-4 years
16%
5-9 years
34%
10-19 years
22%
20 years or more
22%

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 2 votes.

More 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


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


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


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


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