A large chunk of former Northwestern University students are employed in the consulting industry; in fact, this is the most popular job sector for this population.
Male graduates on average earn more than female graduates; the first group banks around $127K per year, but the second group takes home only approximately $103K.
Marketing VPs win the contest for best-paid Northwestern University alumni, making $145K on average every year, though Senior Product Managers ($134K), and Marketing Directors (about $111K) are not far behind. Salaries are anything but generous for Product Marketing Managers, whose earnings rank lowest on the pay scale at $100K.
Chicago, Ill. is another hot spot for Northwestern University grads, where salaries rank at the top of the pay scale (compensation averages out to $115K). Home to the lowest median salary for Northwestern University alumni is New York, N.Y., a popular place for former students despite its $112K average paycheck.
Northwestern University grads who hold a Master of Business Administration (MBA), Strategy can expect to fare better than most fellow alumni, earning an average around $168K per year. A Master of Business Administration (MBA), Marketing & Management is less advantageous in terms of earnings; alums with this degree are the lowest earners with a median annual pay of about $105K.
For Northwestern University grads, proficiency in Financial Analysis warrants a paycheck that is 13 percent more than other alumni salaries. Northwestern University alumni are often well versed in Project Management, with approximately one in three grads ending up in jobs that require this skillset. Competency in Financial Analysis, Market Research, and Marketing Management also warrants excellent remuneration.
Benefits and Perks
Nearly all graduates participate in a 401(k) program. Almost all respondents have medical plans, and most alumni have dental insurance. Alumni of Northwestern University also take in life insurance, a company-subsidized cell phone, relocation expenses, tuition reimbursement, and a casual working environment.