The UT Austin alumni find work in an assortment of industries including IT consulting, the financial services industry, and the education industry. The most popular field is the software development industry. Those with an education from the UT Austin earn an average of about $72K.
A gender wage gap becomes apparent after college, with female graduates earning only $56K on average compared to $86K for male graduates.
UT Austin grads who become Software Development Managers are compensated well above average — these folks are top-earners among their graduating class, making an average around $120K yearly. Also notably well-paid are Senior Software Engineers and Information Technology Project Managers; their salaries approach $100K and approximately $76K, respectively. Staff Accountants wrap up the bottom of the pay scale, earning $46K.
Upon earning their degrees, many UT Austin grads prefer to remain in Austin; in fact, over a third of grads appreciate the area so much that they find permanent jobs there. Another city that attracts a wealth of UT Austin grads is New York, N.Y.; given its high compensation (about $102K is the average salary), the city's popularity should come as no surprise. On the far end of the pay scale, UT Austin alumni often reside in Dallas, Texas, which is home to the lowest pay at $56K. Nearby Houston, Texas and Seattle, Wash. also rank high on the list of cities for UT Austin grads.
With a median annual earnings of $135K per year, former Longhorns who have a Master of Business Administration (MBA), Accounting are the best paid among the alumni population. A B.A. in Sociology offers the lowest median annual financial reward ($31K).
UT Austin alumni are often well versed in Project Management, with about one in six grads ending up in jobs that require this skillset. People Management commands a pay premium of 30 percent for former Longhorns. Microsoft Excel, Engineering Design, and Microsoft Office are among other dominant skills.
Benefits and Perks
Just two-fifths of alumni enjoy paid vacation and merely one-fourth of alumni get paid sick time. In an effort to save up for the years ahead, most graduates contribute to a 401(k). Health coverage is awarded to a large number of alumni, and dental insurance is issued to a strong majority of alumni as well. Graduates of University of Texas at Austin are also recipients of a casual working environment, life insurance, flexible hours, and a company-subsidized cell phone.
Among alumni of similar schools, University of Houston grads (who make an average of approximately $69K) earn salaries most similar to UT Austin alumni. Other schools similar to UT Austin include Texas A & M University-College Station, Louisiana State University and Agricultural & Mechanical College, and Mississippi State University.