Professionally, the health care industry, higher education, and the marketing, advertising, and media management industry are popular business areas among NU alumni. The majority of alumni accept jobs in the pharmaceutical research and development industry. Former NU graduates bring in $73K on average.
After graduation, women go on to earn an average of about $62K per year compared to men, who earn $80K.
NU grads who become Engineering Project Managers garner financial rewards beyond any other job type for this group — these alumni rake in an average around $106K annually. However, Senior Financial Analysts and Software Engineers also rank as top-earners (bringing in approximately $85K and $82K, respectively). Collecting the smallest paychecks are Design Engineers — they bring in $60K.
NU alumni like Boston so much that they tend to stick around after graduation, with just under a third of grads staying on to find permanent employment. It is no surprise that Cambridge, Mass., which hands out the biggest paychecks (the average salary is about $101K), is another of the most popular spots for former NU students. On the far end of the pay scale, NU alumni often reside in Washington, DC, which is home to the lowest pay at approximately $43K. Other popular cities include New York, N.Y. and Denver, Colo.
Former Huskies who fare the best in terms of salary hold a Bachelor of Engineering in Electrical Engineering (EE) and earn a median salary of around $125K per year. Ranking last in the compensation department are those holding a Bachelor's Degree, Psychology — their annual income amounts to $40K on average.
Many NU grads have knowledge of Project Management, with nearly one in five alumni using this program on the clock. Former Huskies with Project Management experience garner salaries that are 17 percent more than other grads' salaries. Experience with Microsoft Office, Microsoft Excel, and Engineering Design is highly valued as well.
Benefits and Perks
Benefits include paid time off, but vacation days are more heavily handed out than sick days; the larger part of alumni report receiving the former, but only one-third of alumni report receiving the latter. It is no small feat that most survey participants are given health coverage, and a strong majority of alums accept dental insurance. A large number of former students plan for retirement by taking advantage of a company-sponsored 401(k) program. Northeastern University grads also enjoy benefits like life insurance, a casual working environment, tuition reimbursement, and a company-subsidized cell phone.
Alumni of Boston College pick up average paychecks of $73K, which is closest to the amount made by NU grads among similar schools. Other schools similar to NU include Fordham University, Teachers College at Columbia University, and Syracuse University.