The software development industry, the financial services industry, and the aerospace and defense industry are just a few of the areas in which BYU grads find work. Software as a service (SAAS) development is the sector most highly represented among alumni. The average starting salary for a graduate of BYU is $70K.
A gender wage gap becomes apparent after college, with female graduates earning only approximately $53K on average compared to $77K for male graduates.
BYU grads who become Senior Software Engineers garner financial rewards beyond any other job type for this group — these alumni rake in $110K on average annually. However, Software Engineers and Electrical Engineers also rank as top-earners (bringing in about $79K each). Collecting the smallest paychecks are Financial Analysts — they bring in around $58K.
Many BYU grads end up living in Salt Lake City, Utah, deeming it the most popular city for former students of this school. Seattle, Wash. is also a common destination for BYU grads and offers the best pay with a median salary of $89K. On the far end of the pay scale, BYU alumni often reside in Orem, Utah, which is home to the lowest pay at around $60K. Close-by Provo, Utah and Lehi, Utah are also desirable cities among BYU alumni.
With a median annual earnings of about $110K per year, former Cougars who have a Master of Engineering (MEng / ME) are the best paid among the alumni population. Those with a Bachelor of Business (BB) face salaries on the lower end, coming in at an average $62K per year.
Many former BYU students are familiar with Project Management, and one in seven grads move on to positions where this experience is utilized. People Management commands a pay premium of 12 percent for former Cougars. Experience with Microsoft Excel, Microsoft Office, and Data Analysis is highly valued 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-fifth of alumni for sick time. It is no small feat that most graduates are given health coverage, and a strong majority of former students accept dental insurance. Most grads report contributing to a 401(k). Additional perks enjoyed by Brigham Young University grads include a casual working environment, life insurance, a company-subsidized cell phone, and tuition reimbursement.
Median pay for Syracuse University grads is approximately $70K, making their salaries most similar to those of BYU grads. Other schools similar to BYU include the University of Denver, Claremont Graduate University, and Saint Louis University-Main Campus.