Graduates of the U of C head into a range of vocations when it comes to work; the software development industry, the social services industry, and the financial services industry are just a few professional areas popular among alumni. The most popular career sector among alumni is the manufacturing industry. Former U of C graduates bring in $72K on average.
In the U of C alumni community, men make a median salary of $82K compared to their female counterparts, who earn $50K.
The biggest paychecks among U of C alumni are earned by Chief Financial Officers — these former students make a median salary of $238K per year. The next biggest paychecks go to Product Managers of Software (about $117K) and Information Architects (around $115K). Sitting at the bottom of the pay scale are Marketing Communications Specialists who make an average of approximately $47K.
Graduates of U of C seem to enjoy living in Chicago, and more than a third of grads wind up living and working there after graduation. The top-paying city popular with U of C alumni is Seattle, Wash., which offers a median salary of around $105K. On the flipside, the lowest-paying city popular among U of C grads is Washington, DC (median compensation is $58K). San Francisco, Calif. and Boston, Mass. also rank high on the list of cities.
U of C grads who hold a Master of Business Administration (MBA) can expect to fare better than most fellow alumni, earning an average $163K per year. A master's in social work offers the lowest median annual financial reward ($44K).
Competency in Information Architecture translates into above-average pay for University of Chicago grads — they earn 60 percent more than their fellow graduates. Close to one-seventh of U of C grads wind up using Data Analysis at their job, which is one of the most common skills among alumni. Proficiency in Project Management, Microsoft Excel, and Strategic Planning command top-of-the-line rewards as well.
Benefits and Perks
Just over two-fifths of respondents can rely on paid vacation days, but just one in three grads have the luxury of paid sick time. To plan for old age, most former students maintain savings accounts through a company's 401(k) plan. Health benefits extend to most alumni, and a strong majority of respondents also receive dental coverage. University of Chicago grads also enjoy benefits like a casual working environment, life insurance, a company-subsidized cell phone, and flexible hours.
George Washington University grads bring in salaries of around $75K, making them the most similar to U of C alumni in terms of earnings. Northwestern University, the University of Notre Dame, and Case Western Reserve University are also similar to U of C.