Average Salary for Rutgers University - Main Campus Alumni

Around 8,000 undergrads attend Rutgers University, a public research school in Newark, N.J., grouped in the top 12 percent of universities by ROI, where they receive a great education with a lesser long-term cost. A state school and research institution, students get the perks of in-state tuition matched with world-class facilities. Alumni participants in PayScale's salary questionnaire provided the particulars of this report.

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
Human Resources (HR) Manager
4 salaries
$64,202  
   
Vice President (VP), Finance
4 salaries
$109,198  
High School Teacher
4 salaries
$68,656  
Executive Director
4 salaries
$100,498  
Accountant
3 salaries
$43,409  
Senior Accountant
3 salaries
$57,808  
Information Technology (IT) Director
3 salaries
$125,126  
Country: United States | Currency: USD | Updated: 24 Feb 2015 | Individuals Reporting: 303
United States (change)

Industry

Rutgers-Newark alumni belong to a wide range of sectors. A few fields in which grads tend to find work include the pharmaceutical manufacturing industry, the health care industry, and the insurance and financial services industry. The most highly represented industry among alumni is the financial services industry. Former Rutgers-Newark graduates tend to bring in approximately $74K.

Gender

There is a sizable difference between men's post-college salaries and women's: the median for the former is $83K, but the median for the latter is only $61K.

Jobs

The most generous salaries among Rutgers-Newark alumni are reportedly earned by Finance Managers, whose earnings come to $110K, followed by VPs of Finance (around $109K) and Executive Directors ($100K). Accountants get the short end of the stick when it comes to salary, where grads report making an average of about $47K in this job.

Locations

Home to a large number of Rutgers-Newark alums, New York is by far the most attractive city for these former students. In addition, former Rutgers-Newark students often head to Bridgewater after graduating, where typical salaries come to $101K in this top-paying city. Though Jersey City takes the cake for lowest pay among Rutgers-Newark grads (the median salary is around $49K there), it remains a common destination for former students. Close-by Newark and Parsippany are also desirable cities among Rutgers-Newark alumni.

Degree Major

With annual earnings of $133K per year, former Scarlet Raiders who have a Master of Business Administration (MBA), Finance are the best paid among the alumni population. Annual salaries for those with a Bachelor of Business Administration (BBA) are the lowest of the pack, earning about $43K.

Skills

Competency in Financial Analysis translates into above-average pay for former Scarlet Raiders — they earn 17 percent more than their fellow graduates. Nearly one-eighth of grads report using Microsoft Office as part of their job, making it the most popular skill. Competency in Microsoft Excel, Project Management, and Financial Analysis also warrants excellent retribution.

Benefits and Perks

Though vacation and sick days are paid for some, these benefits are reported by the minority of graduates (two-fifths of alumni and one in three grads, respectively). A solid majority of alums allocate some part of their earnings to a company-sponsored 401(k) savings plan. Health insurance benefits extend to a strong majority of former students, and most graduates sign up for dental plans. Alumni of Rutgers University also take in life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.

Related Schools

Alumni of University of Massachusetts pick up average paychecks of $72K, which is closest to the amount made by Rutgers-Newark grads among similar schools. New Jersey Institute of Technology, the University of Massachusetts-Boston, and George Mason University are also similar to Rutgers-Newark.

Key Stats for Rutgers University - Main Campus

Gender

Female
41 %
Male
59 %
Salary
$36,603 - $87,201
Salary
$48,687 - $116,843
Less than 1 year
7%
1-4 years
24%
5-9 years
23%
10-19 years
25%
20 years or more
21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 113 votes.
$41,101 - $103,067
$33,766 - $90,612
$47,650 - $113,068
$37,506 - $152,583
$53,348 - $79,354

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