University of Michigan - Ann Arbor Alumni Average Salary

Combining good value and great education, the University of Michigan is ranked in the top 6 percent of universities by return on investment. Alumni report high financial returns compared to the tuition they paid to attend this a university based in Ann Arbor, Mich. In addition to being a sports-centric university, the University of Michigan boasts above-average test scores, and math is the most common degree earned by alumni of this school. The figures in this rundown were provided by UMich alumni who took the PayScale salary questionnaire.

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College ROI Report

36th

20 Year Net ROI 

$667,000

Annual ROI 

10.7%

Total 4 Year Cost 

$104,000

Compare to Other Schools

College Salary Report

84th

Early Career Salary 

$59,400

Mid-Career Salary 

$100,000

% High Meaning 

51 %

Compare to Other 4-Year Schools

University of Michigan - Ann Arbor Alumni

Median Salary by Job

Job
National Salary Data 
$0$50K$100K$150K
Software Engineer
113 salaries
$81,625  
   
Mechanical Engineer
82 salaries
$71,633  
Project Engineer
39 salaries
$69,106  
Electrical Engineer
39 salaries
$70,270  
Software Developer
37 salaries
$74,906  
Senior Software Engineer
30 salaries
$102,425  
Design Engineer
28 salaries
$68,688  
Country: United States | Currency: USD | Updated: 29 Apr 2016 | Individuals Reporting: 4,229
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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

Graduates of the UMich are found working in a number of different fields including the software development industry, the education industry, and the consulting industry. The majority of UMich alumni wind up in the automotive manufacturing industry. UMich alumni rake in larger-than-average salaries; they also score high on the SATs and boast an impressive rate of graduation. Former UMich graduates bring in $76K on average.

Gender

Male graduates of UMich out-earn their female counterparts significantly, earning an average of $84K versus $64K for women.

Jobs

The biggest paychecks among UMich alumni are earned by Engineering Group Managers — these former students make a median salary of about $103K per year. The next biggest paychecks go to Senior Software Engineers (approximately $102K) and Software Engineers (around $82K). Sitting at the bottom of the pay scale are Project Engineers who make an average of $65K.

Locations

Many UMich grads end up living in Detroit, Mich., deeming it the most popular city for former students of this school. UMich grads also flock to Seattle, Wash., which is home to salaries significantly above average (median pay is $96K). University of Michigan alumni often stay in Ann Arbor following graduation despite having one of the lowest median salary among popular cities (around $67K). Chicago, Ill. and New York, N.Y. are popular choices as well.

Degree Major

Financial compensation is highest for UMich grads with a Master of Business Administration (MBA), Business Administration (average earnings climb to $122K per year). Average annual salaries for those with a B.A. in English Language & Literature are the lowest of the pack, earning approximately $48K.

Skills

UMich grads are usually competent in Project Management, and one in five alumni continue practicing this skill in their career. Former Wolverines who have experience with Product Development can expect to make 28 percent more than other alumni ($97K on average). Competency in Microsoft Excel, Data Analysis, and Microsoft Office also warrants excellent remuneration.

Benefits and Perks

A lucky minority (about two-fifths of alumni) are fortunate enough to be compensated for vacation while just one-fifth of alumni get sick time. Dental insurance applies to most survey participants, and most former students report health coverage. A large number of respondents report contributing to a 401(k). University of Michigan alumni are also on the receiving end of a casual working environment, life insurance, a company-subsidized cell phone, and flexible hours.

Related Schools

Wayne State University graduates, who earn about $79K on average, make a similar amount to UMich grads. Other schools similar to UMich include Michigan State University, the University of Illinois at Chicago, and the University at Buffalo.

University of Michigan - Ann Arbor Job Listings

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Key Stats for University of Michigan - Ann Arbor

Gender

Female
40 %
Male
60 %
Salary
$38,173 - $85,975
Salary
$48,894 - $111,148
Less than 1 year
4%
1-4 years
38%
5-9 years
20%
10-19 years
24%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 74 votes.
$41,773 - $110,755
$39,418 - $92,829
$36,623 - $91,351
$43,692 - $103,225
$49,372 - $137,569

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