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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 approximately $250K at the high end. The data for this synopsis comes from former Massachusetts Institute of Technology (mit) students who took the PayScale salary survey.

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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$90K$180K$270K
Chief Executive Officer (CEO)
3 salaries
$180,000  
   
Business Development Manager
2 salaries
$108,479  
Marketing Manager
2 salaries
$106,385  
Product Manager, Software
2 salaries
$95,000  
President and CEO
2 salaries
$250,000  
Director of Strategy
2 salaries
$150,000  
Senior Product Manager
2 salaries
$117,447  
Country: United States | Currency: USD | Updated: 6 May 2015 | Individuals Reporting: 73

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Industry

The most popular career sector among alumni is the retail industry.

Gender

After college, a notable gender gap appears: the average female graduate makes around $100K where the average male graduate hauls home $133K.

Jobs

Among Massachusetts Institute of Technology (mit) alumni, those working as President and CEOs report the highest median pay of $250K, followed by Chief Executive Officers (about $180K), and Directors of Strategy ($150K). Sitting at the bottom of the pay scale are Product Managers of Software who make an average of $95K.

Locations

Many Massachusetts Institute of Technology (mit) grads flock to Boston, Mass. Another city that attracts a wealth of Massachusetts Institute of Technology (mit) grads is Mountain View, Calif.; given its high compensation (approximately $150K is the average salary), the city's popularity should come as no surprise. Though Cambridge, Mass. takes the cake for lowest pay among Massachusetts Institute of Technology (mit) grads (the median salary is about $103K there), it remains a common destination for former students. New York, N.Y. and San Francisco, Calif. also rank high on the list of cities.

Degree Major

Massachusetts Institute of Technology (mit) students with a Master of Business Administration (MBA), General Business can expect to make the most money ($191K on average per year) compared to their fellow graduates. Graduates holding a Master of Finance (MFin) fare the worst in terms of compensation with an average yearly salary of $60K.

Skills

Many Massachusetts Institute of Technology (mit) grads have knowledge of Project Management, with one-fourth of alumni using this program on the clock. Massachusetts Institute of Technology (mit) grads with Project Management abilities can expect to make 1 percent more than their former classmates (around $137K). Also considered top-notch skills are Strategic Planning, Operations Management, and Financial Analysis.

Benefits and Perks

Just one-third of alumni enjoy paid vacation and merely one-sixth of alumni get paid sick time. Almost all alumni set aside retirement funds in an employer-sponsored 401(k). Almost all respondents enjoy benefits like health insurance, while most survey participants receive dental plans, too. Massachusetts Institute of Technology (mit) 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
$45,000 - $142,431
Salary
$88,151 - $152,622
Less than 1 year
5%
1-4 years
15%
5-9 years
27%
10-19 years
33%
20 years or more
21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
$117,182
$117,500
$64,875 - $147,020
$71,216 - $173,179
$88,437 - $140,000
$90,000 - $163,000

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