As the title says, what's the estimated average salary for an MIT grad? Do the earnings vary by major or field of study?
MIT graduates indeed tend to earn a strong starting salary right out of college, thanks to the institution's rigorous academic programs and reputation for excellence, especially in STEM (Science, Technology, Engineering, Mathematics) fields. The average starting salary for an MIT graduate, regardless of major, is $126,841.
However, those salaries can vary quite a bit, depending on the specific field of study or major. Broadly speaking, individuals who pursued fields in Computer Science, Finance, or Engineering typically have higher starting salaries. For instance, as per information available, Computer Science graduates from MIT can expect a median starting salary upwards of $90,000. Engineering fields, such as mechanical, civil, or electrical, can also yield high paying starting salaries, usually in the range of $70,000 to $90,000.
On the flip side, graduates majoring in the humanities, arts or social sciences may start with relatively lower initial salaries, but this doesn't necessarily mean they won't do well in the long run.
Remember, these are just averages and actual salaries will vary based on a host of factors including job location, industry, level of experience, and individual negotiation skills. It's also relevant to note that pursuit of high income right after graduation is not the only valid career approach - many graduates will prioritize other factors such as personal interest, work environment, mission alignment, work-life balance, and opportunities for learning and growth.
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