Former NU students are professionally suited for a wide range of fields including the financial services industry, the architectural and engineering services industry, and the pharmaceuticals industry. A large chunk of former NU students are employed in the education industry; in fact, this is the most popular job sector for this population. NU graduates see an average starting salary of $70K.
After graduation, women go on to earn an average of about $60K per year compared to men, who earn around $90K.
Many NU grads end up living in Chicago, Ill., deeming it the most popular city for former students of this school. NU alumni seeking the highest salaries end up in Dallas, Texas, which offers a median salary of approximately $135K. On the far end of the pay scale, NU alumni often reside in New York, N.Y., which is home to the lowest pay at $43K. Washington, DC and Seattle, Wash. are also desirable cities.
A Master of Business Administration (MBA) leads to the highest pay for NU grads ($159K on average per year). A Master's Degree offers the lowest median annual financial reward ($40K).
NU grads are usually competent in Project Management, and about a fifth of alumni continue practicing this skill in their career. Competency in Operations Management translates into above-average pay for former Wildcats — they earn 47 percent more than their fellow graduates. Demonstrated ability in Marketing Communications, Microsoft Office, and Training rank among leading skills as well.
Benefits and Perks
Only one-third of alumni earn paid vacation and just one-sixth of alumni get paid sick time. Health benefits extend to most alumni, and the larger part of alums also receive dental coverage. Most survey participants report contributing to a 401(k). Northwestern University graduates also take advantage of a casual working environment, a company-subsidized cell phone, life insurance, and tuition reimbursement.
University of Chicago grads bring in salaries of around $70K, making them the most similar to NU alumni in terms of earnings. Other schools similar to NU include the University of Notre Dame, Case Western Reserve University, and Carnegie Mellon University.