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

Located in Socorro, N.M., roughly 2,000 students call New Mexico Institute of Mining and Technology home for four years. The survey respondent pool is largely skewed towards men with a male-to-female ratio of 5-to-1, and men also report larger salaries after graduation than women. Alumni participants in PayScale's salary questionnaire provided the particulars of this report.

Overall College ROI Rank

43
out of 1312
See full list

ROI Rank for Public (In-State) Universities

9
out of 420
 

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. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Electrical Engineer
5 salaries
$77,682  
   
Hydrogeologist
3 salaries
$70,000  
Software Engineer
2 salaries
$94,950  
Project Manager, Engineering
2 salaries
$104,750  
Process Engineer
2 salaries
$71,300  
Control Systems Engineer
2 salaries
$65,168  
Software Developer
2 salaries
$64,000  
Country: United States | Currency: USD | Updated: 19 Feb 2015 | Individuals Reporting: 61
United States (change)

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

New Mexico Tech alumni can most commonly be found in the environmental consulting industry, the education industry, and the government industry, though they are employed throughout a wide range of sectors. The aerospace and defense industry is the sector most highly represented among alumni. Those with a degree from New Mexico Tech tend to make around $72K.

Gender

The school's graduates are largely male (the male-to-female ratio is 3 to 1). There's a noticeable difference between the genders; where the average man hauls in $77K after graduating from New Mexico Tech, the average woman earns only about $59K.

Jobs

The New Mexico Tech alumni who make the most are Petroleum Engineers; they report a median pay of $108K. Engineering Project Managers and Statisticians draw in a fair amount as well — $105K and $97K. On the lower end, Control Systems Engineers report making approximately $65K.

Locations

Many New Mexico Tech grads flock to Albuquerque. It is no surprise that Washington, DC, which hands out the biggest paychecks (the average salary is $96K), is another of the most popular spots for former New Mexico Tech students. Relative to other popular cities, Socorro ranks low on the pay scale (average pay is $54K); however, New Mexico Institute of Mining and Technology grads enjoy the area so much that they often choose to reside here after graduation despite the drawback in salary. In addition, grads flock to Denver as well as Tucson.

Degree Major

New Mexico Tech students with a Bachelor of Science in Petroleum Engineering can expect to make the most money (around $120K per year) compared to their fellow graduates. On the other end of the spectrum, those with a Bachelor of Science in Biology tend to do the worst in terms of salary, making approximately $45K per year.

Skills

For former Miners, proficiency in Data Modeling warrants a paycheck that is 34 percent more than other alumni salaries. Slightly less than one-fifth of New Mexico Tech grads wind up using Project Management at their job, which is one of the most common skills among alumni. In addition, those who are savvy in Engineering Design, Microsoft Office, and Data Modeling are also considered highly skilled.

Benefits and Perks

Only about two-fifths of alumni enjoy paid vacation and one in three grads receive sick leave. To plan for old age, a solid majority of grads maintain savings accounts through a company's 401(k) plan. A solid majority of respondents enjoy benefits like health insurance, while a solid majority of graduates receive dental plans, too. New Mexico Institute of Mining and Technology grads also enjoy benefits like life insurance, a casual working environment, a company-subsidized cell phone, and flexible hours.

Related Schools

Compensation averages $59K for Texas Woman's University alumni, making their earnings most comparable to New Mexico Tech grads. Western New Mexico University, Northern Arizona University, and The University of Texas at El Paso are also similar to New Mexico Tech.

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
17 %
Male
83 %
Salary
$30,410 - $80,156
Salary
$50,481 - $96,064
Less than 1 year
5%
1-4 years
31%
5-9 years
32%
10-19 years
20%
20 years or more
12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.

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