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

The New Mexico Institute of Mining and Technology is a school located in Socorro, N.M. with around 2,000 undergraduates. Alumni report earning excellent value for their tuition dollars; the school ranks in the top 7 percent of universities by return on investment. The data for this snapshot was collected from New Mexico Tech graduates who took PayScale's salary survey.

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College ROI Report

52nd

20 Year Net ROI 

$601,000

Annual ROI 

11.6%

Total 4 Year Cost 

$76,000

Compare to Other Schools

College Salary Report

175th

Early Career Salary 

$62,400

Mid-Career Salary 

$87,700

% High Meaning 

56 %

Compare to Other 4-Year Schools

New Mexico Institute of Mining and Technology (New Mexico Tech) School Alumni

Median Salary by Years Experience

Years Experience
National Salary Data 
$0$50K$100K$150K
1-4 years
2 salaries
$58,918  
   
5-9 years
3 salaries
$106,000  
10-19 years
3 salaries
$82,518  
20 years or more
2 salaries
$105,756  
Country: United States | Currency: USD | Updated: 24 Jun 2017 | Individuals Reporting: 10

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About This School

801 Leroy Place
Socorro, NM 87801

1,604

State School, Engineering

44 %

89 %

46 %

32 %

Industry

The aerospace and defense industry registers as the most common industry among alumni. In line with impressive SAT scores, New Mexico Tech grads also report top-earning positions in the workforce. Starting salaries of about $86K are the median among New Mexico Tech grads.

Degree Major

Financial compensation is highest for New Mexico Tech grads with a Bachelor of Science in Bachelor of Science (BS / BSc) (average earnings climb to approximately $90K per year). A Bachelor of Science in Mechanical Engineering (ME) is less advantageous in terms of earnings; alums with this degree are the lowest earners with a median annual pay of $59K.

Skills

New Mexico Tech alumni are often well versed in Matlab, with just under a third of grads ending up in jobs that require this skillset. Competency in Linux translates into above-average pay for former Miners — they earn 23 percent more than their fellow graduates. Other prime know-hows include C++ Programming Language, Linux, and Programmable Logic Controllers (PLC) / Automation.

Benefits and Perks

The larger part of grads earn paid vacation and paid sick time. Health coverage is awarded to a large number of alumni, and dental insurance is issued to a large number of alums as well. A large number of former students save for retirement through a 401(k) plan. Additional benefits handed to New Mexico Institute of Mining and Technology alumni include life insurance, flexible hours, a company-subsidized cell phone, and a casual working environment.

Related Schools

Schools similar to New Mexico Tech include Western New Mexico University, Northern Arizona University, and the University of Texas at El Paso.

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
9 %
Male
91 %
Salary
Data Not Available
Salary
$69,638 - $113,756

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
1-4 years
27%
5-9 years
27%
10-19 years
27%
20 years or more
18%

More Charts for New Mexico Institute of Mining and Technology (New Mexico Tech)

Most Popular Years Experience for New Mexico Institute of Mining and Technology (New Mexico Tech) School Alumni


Most Popular Company Size for New Mexico Institute of Mining and Technology (New Mexico Tech) School Alumni


Most Popular State or Province for New Mexico Institute of Mining and Technology (New Mexico Tech) School Alumni


Most Popular Skill/Specialty for New Mexico Institute of Mining and Technology (New Mexico Tech) School Alumni


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