Average Salary for Stevens Institute of Technology Alumni

The Stevens Institute of Technology, a school in Hoboken, N.J., has roughly 3,000 undergrads. The survey respondent pool is largely skewed toward men with a male-to-female ratio of 4-to-1, and men also report larger salaries after graduation than women do. This overview is based on graduates' answers to PayScale's salary questionnaire.

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Overall College ROI Rank

3
out of 1223
See full list

ROI Rank for Private not-for-profit Universities

3
out of 402
 

Mid-Career Salary Rank for Engineering

5
out of 34

Typical Early Career Salary

$65,300
Stevens Institute of Technology 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
Mechanical Engineer
14 salaries
$82,792  
   
Software Engineer
10 salaries
$83,895  
Senior Systems Engineer
8 salaries
$97,472  
Project Engineer
8 salaries
$70,496  
Electrical Engineer
6 salaries
$89,833  
Vice President (VP), Information Technology (IT)
6 salaries
$136,410  
Information Technology (IT) Manager
5 salaries
$119,933  
Country: United States | Currency: USD | Updated: 30 May 2015 | Individuals Reporting: 301

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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

The aerospace and defense industry, the engineering services industry, and the medical device manufacturing industry are just a few of the areas in which SIT grads find work. The most highly represented industry among alumni is the financial services industry. The banking industry is perhaps the least commonly worked industry among SIT grads, with less than five percent of former students experienced in this area. Pulling in paychecks on the larger end are SIT grads, which is not shocking considering the high SAT scores reported by this demographic. Starting salaries of $95K are the median among SIT grads.

Gender

The number of male graduates who responded to the survey outweighs the number of women with a male-to-female ratio of more than 3 to 1. After college, a notable gender gap appears: the average female graduate makes around $77K where the average male graduate hauls home $96K.

Jobs

Former SIT students with an interest in making money consider becoming VPs of Information Technology, the highest-paying gig (average earnings amount to approximately $136K) among this alumni group. Other well-paid jobs include Senior Systems Engineers ($99K) and Information Technology Project Managers (about $94K). Relative to other positions, compensation dwindles for Project Engineers; alumni in this role face average salaries of $70K.

Locations

Many SIT grads end up living in Jersey City, N.J., deeming it the most popular city for former students of this school. Another city that attracts a wealth of SIT grads is New York, N.Y.; given its high compensation ($106K is the average salary), the city's popularity should come as no surprise. The city with the lowest median paycheck frequented by SIT alumni is Edison, N.J., where earnings average approximately $70K. Nearby Newark, N.J. and Morristown, N.J. also rank high on the list of cities for SIT grads.

Degree Major

Financial compensation is highest for SIT grads with a Bachelor of Engineering in Electrical Engineering (EE) (average earnings climb to about $125K per year). A Bachelor of Engineering in Biomedical Engineering (BME) commands less pay, and these degree-holders face median pay of around $60K.

Skills

SIT alumni are often well versed in Project Management, with just under one in three grads ending up in jobs that require this skillset. Knowledge of Project Management seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 5 percent more than their former classmates' salaries ($100K). Other prime know-hows include Engineering Design, Microsoft Excel, and Microsoft Office.

Benefits and Perks

Only about one-third of alumni enjoy paid vacation and one-fifth of alumni receive sick leave. To plan for old age, nearly all graduates maintain savings accounts through a company's 401(k) plan. Health coverage is awarded to almost all grads, and dental insurance is issued to most alumni as well. Additional benefits handed to Stevens Institute of Technology alumni include life insurance, a company-subsidized cell phone, tuition reimbursement, and a casual working environment.

Related Schools

Compensation averages $86K for Polytechnic Institute of New York University alumni, making their earnings most comparable to SIT grads. Other schools similar to SIT include Drexel University, Clark University, and Duquesne University.

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
18 %
Male
82 %
Salary
$46,761 - $97,211
Salary
$60,373 - $122,855
Less than 1 year
6%
1-4 years
24%
5-9 years
23%
10-19 years
26%
20 years or more
21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 82 votes.
$59,613 - $130,138
$53,327 - $133,000
$66,401 - $100,000
$84,031 - $112,771
$90,402 - $147,395
United States (change)

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