Former U of C students are professionally suited for a wide range of fields including the software development industry, the social services industry, and the financial services industry. The majority of U of C alumni wind up in the manufacturing industry. U of C graduates see an average starting salary of $69K.
Male graduates on average earn more than female graduates; the first group banks $79K per year, but the second group takes home only approximately $50K.
In the U of C alumni professional community, Chief Financial Officers make the highest median pay ($238K), though Product Managers of Software (about $117K), and Information Architects (around $115K) are close competitors. Marketing Communications Specialists wrap up the bottom of the pay scale, earning $47K.
Many U of C alumni remain in Chicago after graduation; more than a third of grads find permanent positions in the workforce here. It is no surprise that Seattle, Wash., which hands out the biggest paychecks (the average salary is approximately $106K), is another of the most popular spots for former U of C students. The city with the lowest median paycheck frequented by U of C alumni is Washington, DC, where earnings average $58K. Other popular cities include San Francisco, Calif. and Boston, Mass.
A Master of Business Administration (MBA) leads to the highest pay for U of C grads (around $163K on average per year). Graduates holding a master's in social work fare the worst in terms of compensation with an average yearly salary of $44K.
Project Management is a common skill among U of C alumni — roughly one in seven grads mention using it at work. University of Chicago grads with User Interface Design experience garner salaries that are 67 percent more than other grads' salaries. Also considered top-notch skills are Data Analysis, Microsoft Excel, and Strategic Planning.
Benefits and Perks
Only two-fifths of alumni for this school enjoy paid vacation days and about one in three grads get paid sick time. Most survey participants plan for retirement by taking advantage of a company-sponsored 401(k) program. A large number of alumni have medical plans, and a strong majority of alums have dental insurance. University of Chicago graduates also take advantage of a casual working environment, life insurance, a company-subsidized cell phone, and flexible hours.
Northwestern University grads bring in salaries of around $68K, making them the most similar to U of C alumni in terms of earnings. The University of Notre Dame, Case Western Reserve University, and Washington University in St Louis are also similar to U of C.