The management consulting industry registers as the most common industry among alumni. Princeton graduates often advance into high-paying positions, which is somewhat expected given their above-average SAT scores. The average salary for a grad from Princeton is about $80K.
There's a noticeable difference between the genders; where the average man hauls in $108K after graduating from Princeton, the average woman earns only $55K.
Home to a large number of Princeton alums, Washington, DC is by far the most attractive city for these former students. Princeton alumni seeking the highest salaries end up in King of Prussia, Pa., which offers a median salary of $122K. On the flipside, the lowest-paying city popular among Princeton grads is New York, N.Y. (median compensation is around $61K).
A graduate with a Master of Business Administration (MBA) from Princeton can rake in a whopping average $133K per year, more than any other degree from this school. A B.A. in Bachelor of Arts (BA) offers the lowest median annual financial reward (approximately $50K).
Budget Management is a popular skill among Princeton alumni, with just under one-fifth of grads reporting using it on the job. Research Analysis commands a pay premium of 63 percent for former Tigers. In addition, those who are savvy in Project Management, Media / Public Relations, and Strategic Partners are also considered highly skilled.
Benefits and Perks
Slightly more than half of the alumni can rely on paid vacation days, but just one-third of alumni have the luxury of paid sick time. A large number of alums receive health insurance, and the larger part of alumni get dental coverage. Most grads set up a 401(k) to save for retirement. Princeton University alumni are also on the receiving end of a casual working environment, flexible hours, gym / health club / fitness membership, and life insurance.
Compensation averages $81K for Johns Hopkins University alumni, making their earnings most comparable to Princeton grads. Other schools similar to Princeton include the University of Pennsylvania, New York University, and Columbia University in the City of New York.