University of Chicago Alumni Average Salary

Attending the University of Chicago, a university can pay off very well in the long run. The school is based in Chicago, Ill., and it is ranked in the top 12 percent of universities by return on investment. This report is based on the responses of U of C graduates who completed the PayScale salary survey.

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College ROI Report

208th

20 Year Net ROI 

$429,000

Annual ROI 

5.2%

Total 4 Year Cost 

$255,000

Compare to Other Schools

College Salary Report

13th

Early Career Salary 

$112,000

Mid-Career Salary 

$172,000

% High Meaning 

45 %

Compare to Other Graduate Schools

University of Chicago Alumni

Median Salary by Job

Job
National Salary Data 
$0$60K$120K$180K
Data Analyst
21 salaries
$62,752  
   
Data Scientist
19 salaries
$91,563  
Executive Director
19 salaries
$100,000  
Software Engineer
18 salaries
$81,951  
Management Consultant
17 salaries
$122,084  
Chief Financial Officer (CFO)
17 salaries
$174,666  
Product Manager, Software
16 salaries
$113,791  
Country: United States | Currency: USD | Updated: 29 Nov 2016 | Individuals Reporting: 1,378
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About This School

5801 S Ellis Ave
Chicago, IL 60637

5,703

Private School, Research University

93 %

22 %

42 %

12 %


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

Industry

The software development industry, the industrial machinery and equipment repair and maintenance industry, and the social services industry are just a few of the areas in which the U of C grads find work. The most popular career sector among alumni is the manufacturing industry. Reminiscent of their reportedly high performance on the SAT and above-average graduation rates, U of C alumni often collect high salaries as well. Those with a degree from the U of C make an average of approximately $76K.

Gender

In the U of C alumni community, men make a median salary of around $86K compared to their female counterparts, who earn $51K.

Jobs

Among U of C graduates, the biggest earners are Chief Financial Officers, who haul in $238K on average. Next on the list are Product Managers of Software and Information Architects, bringing in $117K and about $115K, respectively. Collecting the smallest paychecks are Marketing Communications Specialists — they bring in $47K.

Locations

Many U of C alumni remain in Chicago after graduation; over a third of grads find permanent positions in the workforce here. U of C alumni seeking the highest salaries end up in Seattle, Wash., which offers a median salary of about $107K. On the flipside, the lowest-paying city popular among U of C grads is Washington, DC (median compensation is $58K). Graduates also relocate to San Francisco, Calif. and Boston, Mass.

Degree Major

Financial compensation is highest for U of C grads with a Master of Business Administration (MBA) (average earnings climb to approximately $162K per year). Average annual salaries for those with a master's in social work are the lowest of the pack, earning $44K.

Skills

Data Analysis is a popular skill among U of C alumni, with about one in seven grads reporting using it on the job. Strategic Planning commands a pay premium of 64 percent for University of Chicago grads. Proficiency in Strategic Planning, Project Management, and Microsoft Excel command top-of-the-line rewards as well.

Benefits and Perks

Paid time off due to illness is less common here than paid vacation time, slightly more than one-third of alums report receiving the former, whereas just half of the alumni report receiving the latter. Most grads allocate some part of their earnings to a company-sponsored 401(k) savings plan. Health benefits extend to a large number of survey participants, and a fair number of alums also receive dental coverage. Alumni of University of Chicago also take in a casual working environment, life insurance, flexible hours, and a company-subsidized cell phone.

Related Schools

Alumni of University of Rochester pick up average paychecks of around $76K, which is closest to the amount made by U of C grads among similar schools. Other schools similar to U of C include Northwestern University, the University of Notre Dame, and Case Western Reserve University.

University of Chicago Job Listings

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Key Stats for University of Chicago

Gender

Female
38 %
Male
62 %
Salary
$33,489 - $101,500
Salary
$39,464 - $121,067
1-4 years
48%
5-9 years
23%
10-19 years
12%
20 years or more
17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
$37,332 - $92,350
$43,158 - $83,424
$58,958 - $114,033

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