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Average Salary for Rutgers University - Main Campus Alumni

When it comes to ROI, Rutgers University, a public research school located in Newark, N.J., with around 8,000 students, ranks in the top 12 percent of universities — students enjoy incredible value for their tuition dollars. The amenities of a research facility are coupled with the cost of in-state tuition, and students admitted to Rutgers University - Main Campus are lucky enough to get the best of both worlds. This summary is derived from information given by Rutgers-Newark grads who completed the PayScale salary survey.

Overall College ROI Rank
157
out of 1312
See full list
ROI Rank for Public (In-State) Universities
52
out of 420
Mid-Career Salary Rank for State School
40
out of 445
See full list
Typical Early Career Salary
$50,800
Rutgers University - Main Campus 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
High School Teacher
5 salaries
$61,000  
   
Accountant
5 salaries
$49,132  
Executive Director
5 salaries
$100,330  
Software Developer
5 salaries
$63,673  
Vice President (VP), Finance
4 salaries
$109,198  
Project Engineer
4 salaries
$80,000  
Civil Engineer
4 salaries
$82,500  
Country: United States | Currency: USD | Updated: 19 Nov 2014 | Individuals Reporting: 428
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Rutgers University - Main Campus Details

Address:

249 University Avenue, Blumenthal Hall
Newark, NJ 07102

Also Known As:

Rutgers University in Newark, Rutgers University - Newark, Rutgers University

Admissions Website:

Students Enrolled:

7,666

Categories:

State Schools, Research Universities

Graduation Rate:

61 %

% STEM:

15 %

% Stay In State:

58 %

% Receiving Pell Grants:

46 %
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Source: Freebase, licensed under CC-BY

Industry

Professionally, the pharmaceutical manufacturing industry, the health care industry, and the insurance and financial services industry are popular business areas among Rutgers-Newark alumni. The majority of alumni accept jobs in the financial services industry. Typical pay for those who graduated from Rutgers-Newark amounts to $73K.

Gender

A gender wage gap becomes apparent after college, with female graduates earning only $60K on average compared to around $82K for male graduates.

Jobs

The biggest paychecks among Rutgers-Newark alumni are earned by Finance Managers — these former students make approximately $110K per year. The next biggest paychecks go to VPs of Finance (about $109K) and Executive Directors ($100K). Salaries are anything but generous for Accountants, where earnings rank lowest on the pay scale at $47K.

Locations

Many Rutgers-Newark students are New York-bound following college. Parsippany is also a common destination for Rutgers-Newark grads and offers the best pay with a median salary of $98K. Though Jersey City takes the cake for lowest pay among Rutgers-Newark grads (the median salary is $49K there), it remains a common destination for former students. Other common destinations for Rutgers-Newark grads include close-by Newark and Bridgewater.

Degree Major

Among the highest-paid Rutgers-Newark alumni are those with a Master of Business Administration (MBA), Finance — they earn close to $120K per year. A B.A. in Criminal Justice offers the lowest annual financial reward (around $30K).

Skills

Former Scarlet Raiders who have experience with Financial Analysis can expect to make 17 percent more than other alumni ($85K on average). Microsoft Office is a popular skill among Rutgers-Newark alumni, with nearly one in eight grads reporting using it on the job. Other top skills include Microsoft Excel, Project Management, and Financial Analysis.

Benefits and Perks

Only about two-fifths of alumni enjoy paid vacation and one-third of alumni receive sick leave. It is no small feat that a strong majority of graduates are given health coverage, and a fair portion of former students accept dental insurance. A solid majority of graduates take advantage of a 401(k) plan. Alumni of Rutgers University also take in life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.

Related Schools

University of Massachusetts graduates, who earn approximately $72K on average, make a similar amount to Rutgers-Newark grads. Other schools similar to Rutgers-Newark include New Jersey Institute of Technology, the University of Massachusetts-Boston, and George Mason University.

Rutgers University - Main Campus Job Listings

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Test Scores
Academics 25th Percentile 75th Percentile
SAT Scores 1420 1700
ACT Scores

Key Stats

Gender

Female

42 %

female alumni

Male

58 %

male alumni
Salary
$35,221 - $84,910
Salary
$47,263 - $116,139

Years of Experience

Less than 1 year
8%
1-4 years
25%
5-9 years
23%
10-19 years
25%
20 years or more
20%

Job Satisfaction


Highly satisfied
Rated 4 out of 5
based on 134 votes.

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