Graduates of IU head into a range of vocations when it comes to work; the health care industry, the manufacturing industry, and the consulting industry are just a few professional areas popular among alumni. The majority of alumni accept jobs in the education industry. Following graduation, IU students earn an average of $61K.
A gender wage gap becomes apparent after college, with female graduates earning only around $56K on average compared to approximately $68K for male graduates.
The most lucrative professionals among IU alumni are Senior Financial Analysts; they earn a median annual salary of $76K. Also approaching the top of the pay scale at $75K and $72K, respectively, are Software Engineers and Project Managers. Relative to other positions, compensation dwindles for Account Managers; alumni in this role face average salaries of about $55K.
Many IU students are Indianapolis, Ind.-bound following college. IU alumni seeking the highest salaries end up in San Francisco, Calif., which offers a median salary of $97K. Indiana University pride remains intact long after college is over, and many former students choose to live in Bloomington despite the city offering some of the lowest median pay (about $47K). Chicago, Ill. and New York, N.Y. are popular choices as well.
IU students with a Master of Business Administration (MBA), Finance can expect to make the most money (around $91K on average per year) compared to their fellow graduates. Those holding a B.A. in Journalism are less fortunate in terms of earnings, bringing in $40K on average per year.
Former Hoosiers with Financial Analysis experience garner salaries that are 19 percent more than other grads' salaries. Proficiency in Project Management is common among IU alumni, and when it comes to using it on the job, roughly an eighth of former students report doing so. Demonstrated ability in Microsoft Excel, Data Analysis, and Microsoft Office rank among leading skills as well.
Benefits and Perks
Just one-third of alumni enjoy paid vacation and merely one-fifth of alumni get paid sick time. Dental insurance applies to a strong majority of survey participants, and most alumni report health coverage. Most alums save up for retirement through a 401(k) plan. Additional benefits handed to Indiana University alumni include a casual working environment, life insurance, a company-subsidized cell phone, and tuition reimbursement.
University of Louisville grads report the most similar salaries to IU alums, earning approximately $61K on average. Other schools similar to IU include the University of Cincinnati-Main Campus, the University of Illinois at Urbana-Champaign, and Purdue University-Main Campus.