Average Salary for University of Michigan - Ann Arbor Alumni

The University of Michigan is a university known for giving students excellent value for their tuition costs. Located in Ann Arbor, Mich., the school is ranked in the top 6 percent of universities by return on investment. Most often cast as a die-hard sports school first, University of Michigan students study hard as they cheer on the Wolverines. English is one of the most popular majors at the University of Michigan, and the student ranks boast SAT and ACT test scores that sit well above the national average. The figures in this overview come from the responses of UMich grads who took the PayScale salary survey.

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Overall College ROI Rank

79
out of 1223
See full list

ROI Rank for Public (In-State) Universities

24
out of 408
 

Mid-Career Salary Rank for State School

36
out of 445

Typical Early Career Salary

$56,800
University of Michigan - Ann Arbor 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$28K$56K$84K
Software Engineer
32 salaries
$77,706  
   
Mechanical Engineer
25 salaries
$77,845  
Project Engineer
18 salaries
$66,799  
Executive Director
17 salaries
$65,000  
Aerospace Engineer
13 salaries
$81,892  
Electrical Engineer
12 salaries
$66,805  
Software Developer
12 salaries
$70,873  
Country: United States | Currency: USD | Updated: 23 May 2015 | Individuals Reporting: 1,554

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About This School

503 Thompson Street
Ann Arbor, MI 48109

University of Michigan-Ann Arbor, University of Michigan - Main Campus

www.admissions.umich.edu

28,283

State School, Research University, For Sports Fans

90 %

28 %

42 %

14 %


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

Industry

Professionally, the education industry, the software development industry, and the consulting industry are popular business areas among the UMich alumni. The automotive manufacturing industry is the sector most highly represented among alumni. It is typical for UMich grads — a group that usually scores high on the SATs — to earn above-average incomes as well. Following graduation, UMich students earn an average of $76K.

Gender

It's worth noting that female graduates earn a median salary of about $65K whereas the men's median is $84K.

Jobs

The most lucrative professionals among UMich alumni are Aerospace Engineers; they earn a median annual salary of $82K. Also near the top of the pay scale at around $78K are Mechanical Engineers and Software Engineers. Relative to other positions, compensation dwindles for Executive Directors; alumni in this role face average salaries of $65K.

Locations

Despite handing out the worst average salary (approximately $66K), Ann Arbor, Mich. holds on to its UMich student population, and less than ten percent of grads continue to reside in the city. For those seeking more money, Seattle, Wash. is a popular destination for former UMich students; median pay is $103K. Other popular cities include Chicago, Ill. and New York, N.Y.

Degree Major

Financial compensation is highest for UMich grads with a medical degree (average earnings climb to about $200K per year). A B.A. in English Language & Literature offers the lowest median annual financial reward (around $46K).

Skills

Around one in six UMich grads wind up using Project Management at their job, which is one of the most common skills among alumni. Former Wolverines who have experience with Strategic Planning can expect to make 38 percent more than other alumni (approximately $105K on average). Demonstrated ability in Microsoft Excel, Data Analysis, and Microsoft Office rank among leading skills as well.

Benefits and Perks

When it comes to benefits, there is room for improvement — only two-fifths of alumni are paid for vacation and just one in four survey participants for sick time. A large number of former students set aside retirement funds in an employer-sponsored 401(k). It is no small feat that a large number of alums are given health coverage, and a strong majority of graduates accept dental insurance. Graduates of University of Michigan are also recipients of life insurance, a casual working environment, a company-subsidized cell phone, and flexible hours.

Related Schools

Median pay for Purdue University grads is $73K, making their salaries most similar to those of UMich grads. Wayne State University, Michigan State University, and the University of Illinois at Chicago are also similar to UMich.

Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores 1910 2210
ACT Scores 28 32

Key Stats for University of Michigan - Ann Arbor

Gender

Female
40 %
Male
60 %
Salary
$37,956 - $88,331
Salary
$48,923 - $114,389
Less than 1 year
6%
1-4 years
35%
5-9 years
21%
10-19 years
23%
20 years or more
16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 344 votes.
$60,914 - $114,938
$58,175 - $130,000
$30,913 - $87,500
$74,791 - $123,482
$75,486 - $101,929
$36,605 - $89,469
$37,313 - $103,174
$41,523 - $91,275
$45,396 - $100,263
$48,956 - $126,538

More Salary Charts for University of Michigan - Ann Arbor

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