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

Combining good value and great education, the New Mexico Institute of Mining and Technology is ranked in the top 7 percent of universities by return on investment. Alumni report high financial returns compared to the tuition they paid to attend this a university based in Socorro, N.M. With a male-to-female ratio of 6-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. Replies from former New Mexico Tech students to PayScale's salary questionnaire form the basis for this summary.

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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 
$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: 18 Jul 2015 | Individuals Reporting: 37
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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 are found working in a number of different fields including the aerospace and defense industry, the oil and gas exploration industry, and the oil and gas pipeline transportation industry. The most popular career sector among alumni is the environmental consulting industry. New Mexico Tech alumni rake in larger-than-average salaries, and they also score high on the SATs. Median pay for those who graduated from New Mexico Tech amounts to approximately $77K.

Gender

After graduation, women go on to earn an average of $61K per year compared to men, who earn around $79K. Graduates who took the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.

Jobs

In the New Mexico Tech alumni professional community, Petroleum Engineers make the highest median pay ($147K), though Software Engineers (about $96K), and Electrical Engineers ($77K) are close competitors. Sliding in near the bottom are Software Developers, who report earnings of $64K.

Locations

Many New Mexico Tech grads flock to Albuquerque, N.M. New Mexico Tech grads also flock to Farmington, N.M., which is home to salaries significantly above average (median pay is $128K). Home to the lowest median salary for New Mexico Tech alumni is Fairbanks, Alaska, a popular place for former students despite its $57K average paycheck. Other cities of interest include Seattle, Wash. and Tucson, Ariz.

Degree Major

A graduate with a Bachelor of Science in Environmental Engineering from New Mexico Tech can rake in a whopping average around $135K per year, more than any other degree from this school. Graduates holding a Bachelor of Science in Mechanical Engineering (ME) fare the worst in terms of compensation with an average yearly salary of about $58K.

Skills

Former Miners who have experience with Data Modeling can expect to make 50 percent more than other alumni (approximately $115K on average). New Mexico Tech grads are usually competent in Project Management, and nearly one in five alumni continue practicing this skill in their career. Proficiency in Engineering Design, Microsoft Office, and Environmental Consulting command top-of-the-line rewards as well.

Benefits and Perks

Only about one-third of alumni enjoy paid vacation and one-third of alumni receive sick leave. Nearly all alums save for retirement through a 401(k) plan. The vast majority of former students enjoy benefits like health insurance, while a large number of alumni receive dental plans, too. Additional benefits handed to New Mexico Institute of Mining and Technology alumni include life insurance, a casual working environment, a company-subsidized cell phone, and flexible hours.

Related Schools

Alumni of Western New Mexico University pick up average paychecks of $63K, which is closest to the amount made by New Mexico Tech grads among similar schools. Other schools similar to New Mexico Tech include Northern Arizona University, the University of Texas at El Paso, 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
18 %
Male
82 %
Salary
$30,252 - $81,389
Salary
$56,437 - $107,500

Job Satisfaction

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

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