Graduates of Maine Maritime Academy are found working in a number of different fields including the fossil fuel power generation industry, the water transportation or shipping industry, and the shipping, transportation, warehousing, or logistics industry. The most highly represented industry among alumni is energy. True to type, Maine Maritime Academy alumni go from receiving above-average SAT scores to landing well-paid positions in the workforce. Median pay for those who graduated from Maine Maritime Academy amounts to around $77K.
After graduation, disparities in salary rise to the surface — males earn an average $82K per year compared to females' $52K. With a 3 to 1 male-to-female ratio, men represent the better half of this school's graduates who completed the questionnaire.
Former Maine Maritime Academy students with an interest in making money consider becoming Senior Operations Managers, the highest-paying gig (average earnings amount to approximately $117K) among this alumni group. Other well-paid jobs include Logistics Managers ($85K) and Mechanical Engineers (about $79K). Inventory Managers pick up $60K in financial rewards, representing the lowest-paid position among alumni.
Home to a large number of Maine Maritime Academy alums, Portland, Maine is by far the most attractive city for these former students. The top-paying city popular with Maine Maritime Academy alumni is Houston, Texas, which offers a median salary of around $115K. Miami, Fla. is a popular spot for former Maine Maritime Academy students at the opposite end of the pay scale; in fact, average salaries there are the lowest at $60K. Boston, Mass. is also a common pick among Maine Maritime Academy grads, along with Bangor, Maine.
With a median annual earnings of $122K per year, Maine Maritime Academy grads who have a Bachelor of Engineering in Marine Engineering are the best paid among the alumni population. On the other end of the spectrum, those with a B.A. in Bachelor of Arts (BA) tend to do the worst in terms of salary, making an average $46K per year.
Engineering Design commands a pay premium of 36 percent for Maine Maritime Academy grads. Project Management is a common skill among Maine Maritime Academy alumni — just under a fifth of grads mention using it at work. Demonstrated ability in Microsoft Excel, Operations Management, and Budget Management rank among leading skills as well.
Benefits and Perks
Only one in three grads earn paid vacation and just one in five survey participants get paid sick time. Most respondents have medical plans, and a fair number of former students have dental insurance. A large number of grads save for retirement through a 401(k) plan. Maine Maritime Academy grads are also lucky enough to receive a casual working environment, a company-subsidized cell phone, life insurance, and tuition reimbursement.
Median pay for Massachusetts Maritime Academy grads is about $75K, making their salaries most similar to those of Maine Maritime Academy grads. The United States Coast Guard Academy, the United States Merchant Marine Academy, and SUNY Maritime College are also similar to Maine Maritime Academy.