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The University of Minnesota, a public research institution planted in Minneapolis, Minn., with around 34,000 undergraduates, provides an excellent blend of education and price, strongly ranked in the top 8 percent of universities by ROI. The school has a strong sports tradition (Go Golden Gophers!) and its urban campus offers many benefits for its students. The figures in this overview come from the responses of U of M grads who took the PayScale salary survey.
100 Church Street SE
Minneapolis, MN 55455-0213
University of Minnesota-Twin Cities, University of Minnesota - Main Campus, University of Minnesota
State Schools, Research Universities, For Sports Fans
The medical device manufacturing industry, the manufacturing industry, and the education industry are just a few of the areas in which the U of M grads find work. Among U of M grads, the health care industry is a commonly chosen career field. Following graduation, U of M students earn an average of $68K.
There's a noticeable difference between the genders; where the average man hauls in $77K after graduating from U of M, the average woman earns only about $61K.
U of M grads who become Senior Software Engineers garner financial rewards beyond any other job type for this group — these alumni rake in $97K annually. However, Software Engineers and Mechanical Engineers also rank as top-earners (bringing in approximately $73K and around $72K, respectively). Marketing Managers pick up $55K in financial rewards, representing the lowest-paid position among alumni.
U of M alumni typically remain in Minneapolis, the city they've grown to love, after graduation, and close to one-half of grads find permanent positions in the workforce here. The top-paying city popular with U of M alumni is Seattle, which offers median salaries of about $83K. On the far end of the pay scale, U of M alumni often reside in St. Paul, which is home to the lowest pay at $66K. Other common destinations include Chicago and Eden Prairie.
Former U of M students head to International Business Machines (IBM) Corp. for above-average paychecks of approximately $118K. In contrast, alums who work at Hennepin County face the lowest salaries at $52K on average.
U of M grads who hold a medical degree can expect to fare better than most fellow alumni, earning $111K per year. Graduates holding a B.A. in Sociology fare the worst in terms of compensation with yearly salaries of $45K.
Product Development commands a pay premium of 24 percent for former Golden Gophers. Nearly one-sixth of U of M grads wind up using Project Management at their job, which is one of the most common skills among alumni. Microsoft Excel, Microsoft Office, and Engineering Design are desirable skills as well.
When it comes to benefits, there is room for improvement — only two-fifths of alumni are paid for vacation and just one-fourth of alumni for sick time. A strong majority of respondents take advantage of a 401(k) plan. Health insurance benefits extend to a solid majority of grads, and most former students sign up for dental plans. University of Minnesota graduates also take advantage of life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.
Alumni of University of Wisconsin pick up average paychecks of around $69K, which is closest to the amount made by U of M grads among similar schools. Other schools similar to U of M include Iowa State University, the University of Iowa, and the University of Illinois at Chicago.
|Academics||25th Percentile||75th Percentile|
$35,690 - $82,870
$46,917 - $102,469
|Extremely satisfied||Rated 5 out of 5
based on 695 votes.
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