Former UMD students are professionally suited for a wide range of fields including the consulting industry, IT consulting, and IT services. The majority of UMD alumni wind up in the aerospace and defense industry. Those with an education from the UMD earn an average of about $68K.
After graduation, disparities in salary rise to the surface — males earn an average around $75K per year compared to females' $60K.
Among UMD alumni, those working as Senior Mechanical Engineers report the highest median pay of approximately $114K, followed by Mechanical Engineers ($81K), and Digital Marketing Managers ($68K). Collecting the smallest paychecks are Editors — they bring in $46K.
Many UMD grads flock to Washington, DC. It is also not uncommon to find former UMD students living and working in Mclean, Va. — this top-paying city is a popular destination with a median salary of $104K. Home to the lowest median salary for UMD alumni is Rockville, Md., a popular place for former students despite its $50K average paycheck. Neighboring Baltimore, Md. is another common pick among UMD grads, along with New York, N.Y.
A Bachelor of Science in Accounting leads to the highest pay for UMD grads (around $134K on average per year). A Bachelor's Degree, Economics commands less pay, and these degree-holders face median pay of $43K.
Java commands a pay premium of 46 percent for former Terrapins. UMD alumni are often well versed in Project Management, with nearly one in five grads ending up in jobs that require this skillset. Microsoft Excel, Microsoft Office, and Engineering Design are among other dominant skills.
Benefits and Perks
Just two-fifths of alumni enjoy paid vacation and merely one in four survey participants get paid sick time. Most graduates participate in a 401(k) program. A large number of grads receive health insurance, and a fair number of survey participants get dental coverage. University of Maryland grads also enjoy benefits like life insurance, a company-subsidized cell phone, a casual working environment, and tuition reimbursement.
Compensation averages $71K for University of Virginia alumni, making their earnings most comparable to UMD grads. The University of Delaware, Virginia Commonwealth University, and Rutgers University-New Brunswick are also similar to UMD.