Average Salary for New Mexico Institute of Mining and Technology (New Mexico Tech) Alumni

Students looking for a top-value school need look no further than the New Mexico Institute of Mining and Technology. It is a university based in Socorro, N.M. that is ranked in the top 7 percent of universities by return on investment. With a male-to-female ratio of 5-to-1, there are more men than women in the pool of respondents. In addition, male grads generally bring in more money than their female equivalents according to alumni reports. This report is based on the answers of New Mexico Tech graduates who responded to PayScale's salary questionnaire.

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Overall College ROI Rank

80
out of 1223
See full list

ROI Rank for Public (Out-of-State) Universities

13
out of 408
 

Mid-Career Salary Rank for State School

12
out of 445

Typical Early Career Salary

$51,500
New Mexico Institute of Mining and Technology (New Mexico Tech) 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.
)
$0$50K$100K$150K
Electrical Engineer
4 salaries
$76,601  
   
Hydrogeologist
3 salaries
$70,000  
Software Developer
2 salaries
$64,000  
Petroleum Engineer
2 salaries
$146,500  
Software Engineer
2 salaries
$96,000  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 39
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About This School

801 Leroy Place
Socorro, NM 87801

1,604

State School, Engineering

44 %

89 %

46 %

32 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Graduates of New Mexico Tech work in a variety of sectors including the environmental consulting industry, the oil and gas pipeline transportation industry, and the education industry. The majority of New Mexico Tech alumni wind up in the aerospace and defense industry. Reminiscent of their reportedly high performance on the SAT, New Mexico Tech alumni often collect high salaries as well. Those with an education from New Mexico Tech earn an average of approximately $76K.

Gender

There's a noticeable difference between the genders; where the average man hauls in $79K after graduating from New Mexico Tech, the average woman earns only about $48K. Graduates who took the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.

Jobs

New Mexico Tech grads who become Petroleum Engineers garner financial rewards beyond any other job type for this group — these alumni rake in an average around $147K annually. However, Software Engineers and Electrical Engineers also rank as top-earners (bringing in $96K and $77K, respectively). Software Developers pick up $64K in financial rewards, representing the lowest-paid position among alumni.

Locations

Albuquerque, N.M. is a hot spot for New Mexico Tech alum. New Mexico Tech alumni seeking the highest salaries end up in Farmington, N.M., which offers a median salary of about $128K. Fairbanks, Alaska is a popular spot for former New Mexico Tech students at the opposite end of the pay scale; in fact, average salaries there are the lowest at $57K. Seattle, Wash. is also a top pick, as is Tucson, Ariz.

Degree Major

New Mexico Tech grads who hold a Bachelor of Science in Environmental Engineering can expect to fare better than most fellow alumni, earning an average around $135K per year. Ranking last in the compensation department are those holding a Bachelor of Science in Mechanical Engineering (ME) — their annual income amounts to approximately $58K on average.

Skills

New Mexico Tech alumni are often well versed in Project Management, with just under a fifth of grads ending up in jobs that require this skillset. Knowledge of Data Modeling seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 51 percent more than their former classmates' salaries ($115K). Competency in Engineering Design, Microsoft Office, and Environmental Consulting also warrants excellent remuneration.

Benefits and Perks

Just one-third of alumni enjoy paid vacation and merely one-third of alumni get paid sick time. Almost all survey participants participate in a 401(k) retirement savings plan. Health coverage is awarded to almost all graduates, and dental insurance is issued to a large number of alumni as well. New Mexico Institute of Mining and Technology graduates also take advantage of life insurance, a casual working environment, a company-subsidized cell phone, and flexible hours.

Related Schools

Compensation averages $62K for University of Texas at El Paso alumni, making their earnings most comparable to New Mexico Tech grads. Other schools similar to New Mexico Tech include Western New Mexico University, Northern Arizona University, and University of Texas of the Permian Basin.

New Mexico Institute of Mining and Technology (New Mexico Tech) Job Listings

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Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores*
* SAT writing score is not included.
1120 1350
ACT Scores 23 29

Key Stats for New Mexico Institute of Mining and Technology (New Mexico Tech)

Gender

Female
20 %
Male
80 %
Salary
$30,521 - $80,156
Salary
$56,437 - $107,500
Less than 1 year
4%
1-4 years
28%
5-9 years
36%
10-19 years
15%
20 years or more
17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

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