The UIUC alumni belong to a wide range of sectors. A few fields in which grads tend to find work include the education industry, the manufacturing industry, and the aerospace and defense industry. A large chunk of former UIUC students are employed in the consulting industry; in fact, this is the most popular job sector for this population. Following graduation, UIUC students earn an average of $73K.
It's worth noting that female graduates earn a median salary of $63K whereas the men's median is about $80K.
UIUC grads who become Senior Software Engineers are compensated well above average — these folks are top-earners among their graduating class, making an average around $112K yearly. Also notably well-paid are Software Engineers and Electrical Engineers; their salaries approach approximately $83K and $72K, respectively. Salaries are anything but generous for Civil Engineers, whose earnings rank lowest on the pay scale at $65K.
A large number of students head to Chicago, Ill. after college. San Francisco, Calif. is also a common destination for UIUC grads and offers the best pay with a median salary of $105K. Relative to other popular cities, Champaign ranks low on the pay scale (average pay is approximately $56K); however, University of Illinois at Urbana grads enjoy the area so much that they often choose to reside here after graduation despite the drawback in salary. St. Louis, Mo. is also a common pick among UIUC grads, along with New York, N.Y.
A graduate with a Master of Business Administration (MBA), Finance from UIUC can rake in a whopping average $117K per year, more than any other degree from this school. A Master of Social Work (MSW) offers the lowest median annual financial reward ($46K).
For former Fighting Illini, proficiency in People Management warrants a paycheck that is 32 percent more than other alumni salaries. UIUC grads are usually competent in Project Management, and around a sixth of alumni continue practicing this skill in their career. Also considered top-notch skills are Microsoft Excel, Microsoft Office, and Data Analysis.
Benefits and Perks
Though vacation and sick days are paid for some, these benefits are reported by the minority of graduates (one in three grads and one-fifth of alumni, respectively). Dental insurance applies to a strong majority of alumni, and most graduates report health coverage. Most former students plan for retirement by taking advantage of a company-sponsored 401(k) program. Other benefits that University of Illinois at Urbana alumni receive are a casual working environment, life insurance, a company-subsidized cell phone, and tuition reimbursement.
Median pay for Purdue University grads is about $73K, making their salaries most similar to those of UIUC grads. Indiana University-Bloomington, the University of Illinois at Chicago, and the University of Cincinnati-Main Campus are also similar to UIUC.