Professionally, the support activities for oil and gas operations industry, the ship building or repairing industry, and energy are popular business areas among the United States Merchant Marine Academy alumni. The majority of alumni accept jobs in the engineering services industry. Starting salaries of $107K are the median among United States Merchant Marine Academy grads.
After graduation, men go on to earn an average of $103K per year compared to women, who earn $138K. Graduates from this school who take the survey are more likely to be male — the male-to-female ratio is 3 to 1.
United States Merchant Marine Academy grads who become Engineering Directors are compensated well above average — these folks are top-earners among their graduating class, making an average approximately $157K yearly. Also notably well-paid are Operations Managers and Engineering Project Managers; their salaries approach about $123K and $117K, respectively. Collecting the smallest paychecks are Project Managers — they bring in around $75K.
Houston, Texas is a hub for United States Merchant Marine Academy graduates — a large number call this city home. Norfolk, Va. is also a common destination for United States Merchant Marine Academy grads and offers the best pay with a median salary of $125K. On the far end of the pay scale, United States Merchant Marine Academy alumni often reside in San Diego, Calif., which is home to the lowest pay at around $95K. Other cities of interest include Seattle, Wash. and Philadelphia, Pa.
With a median annual earnings of $131K per year, United States Merchant Marine Academy grads who have a Master of Business Administration (MBA), Operations & Supply Chain Management are the best paid among the alumni population. Those with a Bachelor of Science in Marine Transportation Management face salaries on the lower end, coming in at an average $86K per year.
Project Management is a common skill among United States Merchant Marine Academy alumni — close to a third of grads mention using it at work. United States Merchant Marine Academy grads with Leadership experience garner salaries that are 17 percent more than other grads' salaries. Competency in Engineering Design, Operations Management, and People Management also warrants excellent remuneration.
Benefits and Perks
Just one-third of alumni enjoy paid vacation and merely one-fifth of alumni get paid sick time. The vast majority of graduates save for retirement through a 401(k) plan. It is no small feat that nearly all former students are given health coverage, and a large number of survey participants accept dental insurance. Alumni of United States Merchant Marine Academy also take in a company-subsidized cell phone, life insurance, tuition reimbursement, and a casual working environment.
United States Military Academy grads bring in salaries of around approximately $97K, making them the most similar to United States Merchant Marine Academy alumni in terms of earnings. Other schools similar to United States Merchant Marine Academy include SUNY Maritime College, the United States Coast Guard Academy, and Massachusetts Maritime Academy.