Highest-Paying Business Schools For Undergrads

MIT's Sloan School of Management

MIT’s Sloan School of Management

If you’re looking for disruption, check out how the numbers change when alumni with postgraduate degrees are added to the sample. At early career, the U.S. Naval Academy tops the list with graduates posting $81,800 paychecks. MIT (again) finishes second at ($81,100), with the top five rounded out by the U.S. Military Academy ($79,900), CalTech ($78,400), and Harvey Mudd ($78,400). By mid-career, SUNY Maritime vaults to the top spot at $147,000, followed by Harvard ($141,000), MIT ($140,000), Claremont McKinna College ($138,000), and Princeton ($135,000).

DON’T MISS: SCHOOLS THAT DELIVER THE HIGHEST ROI FOR BUSINESS MAJORS

  • Red Layug

    The rankings on pages 3 to 5 make very little sense. Earnings are heavily influenced by: 1. job sectors, then, 2. location.
    STEM and highly technical or specialized engineering graduates are more likely to be absorbed by companies and organizations that pay more than humanities or social sciences (minus business and economics) are. So, this automatically penalizes those schools having a wide range of undergrad programs such as Berkeley. This is an apple and orange comparison. You cannot pit a school as huge and as diverse as Berkeley against a heavily STEM school like or Caltech, for instance. Or, the huge Berkeley (with so many undergrad programs) against the tiny Princeton or Stanford (not entirely STEM-dominated schools but have a much lesser undergrad programs).

    A more sensible comparison would be to divide this into 2 groups:
    1. Schools with few undergrad major offerings (Dartmouth, Duke, Princeton and the like), and
    2. Schools with many undergrad major offerings (Berkeley, Michigan, Texas, UIUC and the like).
    That’s one.

    But the better way to approach this is to devide this into 4 catogeries (make it 6 if you can), almost similar to your page 2 ranking where you made a specific ranking for business major graduates only. These 4 categories are the 4 main divisions of academic discipline:
    1. STEM
    2. Humanities
    3. Social Science
    4. Languages and the Arts.

    Alternatively, or, better yet, you may further divide it into 6 and include the following:
    5. Preprof/vocational — Hotel Administration, tourism, architecture, sports management, teachers, etc…
    6. Paramedical — nursing, physiotherapy, pharmacy

    Now, let’s see how much better would the Ivies be versus the “public Ivies”, or if there really is a difference between MIT and Berkeley in STEM.

    I used MIT and the Ivies as examples because, they’ve registered impressively on the overall charts. And, Berkeley, because I’ve noticed on their career website how big the disparity is between or among programs. For example, the average salary of the computer science and the EECS fresh graduates of Berkeley is something like 110k, while it’s only around 55k for the humanities grads. And, this reinforces my suspicion that the reason why heavily tech schools like MIT and Caltech… and, small schools like Yale and Princeton… are doing better than Berkeley (although the gap isn’t big) is because Berkeley has plenty more undergrad programs — and thereby, will be sending many more graduates — to organizations and sectors that aren’t as generous as the others.