The aerospace and defense industry registers as the most common industry among alumni. The average salary for a grad from Rice is about $70K.
After graduation, disparities in salary rise to the surface — males earn an average $91K per year compared to females' around $64K.
Despite handing out the worst average salary (approximately $62K), Houston, Texas holds on to its Rice student population, and more than a third of grads continue to reside in the city. On the other hand, Rice alumni seeking the highest salaries end up in Austin, Texas, which offers a median salary of $81K.
Financial compensation is highest for Rice grads with a Bachelor of Science in Mechanical Engineering (ME) (average earnings climb to $91K per year). The degree that warrants the lowest level of financial compensation is a Bachelor's Degree ($60K on average annually).
Many former Rice students are familiar with Project Management, and about a third of grads move on to positions where this experience is utilized. Former Owls with Engineering Design experience garner salaries that are 13 percent more than other grads' salaries.
Benefits and Perks
A strong majority of alums enjoy paid vacation days and paid sick time. Dental insurance applies to most former students, and almost all former students report health coverage. Nearly all grads allocate some part of their earnings to a company-sponsored 401(k) savings plan. Rice University alumni are rewarded with additional benefits, such as life insurance, a casual working environment, a company-subsidized cell phone, and free drinks.
Median pay for Vanderbilt University grads is approximately $69K, making their salaries most similar to those of Rice grads. Tulane University of Louisiana, Emory University, and the University of Miami are also similar to Rice.