Stevens Institute of Technology Alumni Average Salary

Around 3,000 people attend the Stevens Institute of Technology, a institution based in Hoboken, N.J. The survey pool is heavily weighted toward men, with a male-to-female ratio of 4-to-1. After graduation, women earn less than men do, a finding consistent with alumni reports. Alumni participants in PayScale's salary questionnaire provided the particulars of this report.

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College ROI Report

3rd

20 Year Net ROI 

$841,000

Annual ROI 

8.1%

Total 4 Year Cost 

$232,000

Compare to Other Schools

College Salary Report

10th

Early Career Salary 

$66,800

Mid-Career Salary 

$120,000

% High Meaning 

47.0%

Compare to Other Schools

Stevens Institute of Technology Alumni

Median Salary by Job

Job
National Salary Data 
$0$50K$100K$150K
Mechanical Engineer
15 salaries
$80,000  
   
Software Engineer
11 salaries
$85,933  
Information Technology (IT) Manager
6 salaries
$121,099  
Electrical Engineer
5 salaries
$89,719  
Project Manager, Information Technology (IT)
5 salaries
$92,092  
Senior Systems Engineer
4 salaries
$100,000  
Vice President (VP), Information Technology (IT)
4 salaries
$130,000  
Country: United States | Currency: USD | Updated: 2 Sep 2015 | Individuals Reporting: 239
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About This School

Castle Point On Hudson
Hoboken, NJ 07030-5991

Steven's Institute

www.stevens.edu/undergrad/

2,691

Private School, Research University, Engineering

79 %

84 %

43 %

21 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Graduates of SIT are found working in a number of different fields including the aerospace and defense industry, the engineering services industry, and the consulting industry. The financial services industry is the sector most highly represented among alumni. The medical device manufacturing industry is perhaps the least commonly worked industry among SIT grads, with less than five percent of former students experienced in this area. Consistent with the high SAT scores reported by SIT alumni, former students go on to earn high salaries. Starting salaries of around $94K are the median among SIT grads.

Gender

It's worth noting that female graduates earn a median salary of approximately $77K whereas the men's median is $96K. With a 3 to 1 male-to-female ratio, men represent the better half of this school's graduates who completed the questionnaire.

Jobs

In the SIT alumni professional community, VPs of Information Technology make the highest median pay ($133K), though Senior Systems Engineers (about $100K), and Information Technology Project Managers ($92K) are close competitors. Process Engineers pick up $68K in financial rewards, representing the lowest-paid position among alumni.

Locations

Newark, N.J. is a hub for SIT graduates — a large number call this city home. Another city that attracts a wealth of SIT grads is New York, N.Y.; given its high compensation (approximately $105K is the average salary), the city's popularity should come as no surprise. On the flipside, the lowest-paying city popular among SIT grads is Jersey City, N.J. (median compensation is $72K). Other popular cities for SIT alumni include nearby Parsippany, N.J. and Morristown, N.J.

Degree Major

SIT students with a Bachelor of Engineering in Electrical Engineering (EE) can expect to make the most money ($125K on average per year) compared to their fellow graduates. Graduates holding a Master of Engineering (MEng / ME), Mechanical Engineering (ME) fare the worst in terms of compensation with an average yearly salary of $61K.

Skills

Stevens Institute of Technology grads with Project Management experience garner salaries that are 5 percent more than other grads' salaries. Project Management is a popular skill among SIT alumni, with slightly less than a third of grads reporting using it on the job. Other top skills include Engineering Design, Microsoft Excel, and Microsoft Office.

Benefits and Perks

A lucky minority (about one-third of alumni) are fortunate enough to be compensated for vacation while just one-fifth of alumni get sick time. To plan for old age, nearly all former students maintain savings accounts through a company's 401(k) plan. Health benefits extend to the vast majority of graduates, and a large number of respondents also receive dental coverage. Stevens Institute of Technology alumni are rewarded with additional benefits, such as life insurance, tuition reimbursement, a company-subsidized cell phone, and a casual working environment.

Related Schools

Median pay for Polytechnic Institute of New York University grads is around $85K, making their salaries most similar to those of SIT grads. Other schools similar to SIT include Drexel University, Clark University, and Duquesne University.

Stevens Institute of Technology Job Listings

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Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores*
* SAT writing score is not included.
1210 1390
ACT Scores 27 32

Key Stats for Stevens Institute of Technology

Gender

Female
19 %
Male
81 %
Salary
$47,734 - $92,168
Salary
$61,136 - $124,126
Less than 1 year
7%
1-4 years
24%
5-9 years
22%
10-19 years
25%
20 years or more
22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 59 votes.
$58,672 - $128,556
$52,381 - $134,603
$83,000 - $113,923
$67,287 - $100,000
$54,045 - $147,717

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