Journalists are curious by nature, so we set out to find the top engineering schools, based on how well their grads are paid. The data compilation was provided by Payscale.com.
In addition, we found it interesting that most engineering schools on our list are graduating women engineers in the 10% to 20% range. Of the top engineering schools, only Carnegie Mellon University is graduating 33% women. The average starting salaries of engineering grads at these schools is 25% to 50% higher than the average college salaries across all professions.
Click on the image below to start the slideshow. Then, in the comments section below, tell us if your school ranked and if the numbers add up.
Rank: 15 -- Montana Tech
Coming in at number 15 for engineering starting salaries, Montana Tech at the University of Montana's graduates are averaging $57,400 out of the chute. Mid-career salaries don’t hold up quite as well, coming in at $82,600. Top mid-career earners were reservoir engineers who are bringing in $152,125.
(Source: Montana Tech at the University of Montana)
Ha! I used to have one of those shirts. A woman came up to me in the grocery store after seeing my shirt and began carrying on about what a wonderful school MIT was. I didn't have the heart to tell her she'd missed the whole point of the shirt!
Not in all cases. For my school (Georgia Tech) the picture is ... well, I'm not sure where that picture was taken. Probably somewhere in the northern part of the campus where a bunch of new buildings have been put up, long, long after I graduated. If they'd wanted to use an iconic (and more appropriate picture) they would have used a photo of the Tech tower. The picture they did use looks like some generic high-tech office park.
If you follow a sliding scale of everything 4x, you're right.But much to our collective chagrin, salaries have never paralleled inflation. Altho' according to these top 15 universities, they pretty-much do! Pity the non-engineers at lesser schools to get the big salaries ,,,,,
On another note, I had expected the So.CA housing marketing to be staggering for my son (to your point, of ~$700k) but the housing crash of '08 has hit the area, and he is looking at 3 bedroom ranches in the $150's.I was very (happily) surprised, for his opportunity !
I'm suprised that Purdue University is not included in the list....perhaps the Boilermakers, despite being perennially listed in the top 10 ranked engineering schools, are producing more philanthropic engineers willing to improve society for less? Or, perhaps Purdue needs to include also some salary negotiation guidance to new grads! More likely, I think, is that Purdue graduates are too busy with their engineering work to respond to such frivolous surveys! ;)
In 85', my mom bought a house in CA for $175k. Today, that same house would be about $700k with Chinese investors driving up the price. A house cost 4 times as much. Your 83' salary times 4 for now is about right. Gas back then was $1.15. Now is $4.20. Again, close to 4 times. Lunch at work use to be $3 in the 90's. Now is $7. With a drink is $9.
This is the data that high school guidance counselors need to show their graduating seniors. You seem to hear alot about how hard an engineering degree is versus a liberal arts degree and that seems to push away some potential candidates. Perhaps seeing the potential pot of gold would help to motivate some into the harder path.
Even though I didn't go to Georgia Tech, I like that T-shirt, rickgtoc. For years, I've heard schools call themselves "the Harvard of the West," and "the Harvard of the South," and "the Harvard of the Midwest," etc, etc, etc. Yours is better...and deserving. Georgia Tech's a great school.
Exactly.Very Impressive.My first salary out of Engineering school in '83 was $17,500.Twenty years later, I was hiring fresh-outs in 2002 and couldn't believe HR was offering them close to $50,000.I thought those numbers were staggering, and today's (10 more years later) are crossing the $60's ! A single guy could really live well on that!
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