How much money do Massachusetts Institute of Technology graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $100,800 per year. After ten years, graduates earn $142,100 on average.
In terms of specific areas of study, the following is a ranking of degree programs by the median first-year starting salaries for MIT graduates.
The undergraduate degree which initially pays the highest is Mathematics with a median starting salary of $120,300 followed by Computer Science paying $118,100 and Electrical, Electronics and Communications Engineering graduates who have a median starting income of $116,600 .
Looking at post-graduate and doctorate students, those completing the Business/Commerce (Master's Degree) program rank first with a median initial income of $153,200 followed by Electrical, Electronics and Communications Engineering (Master's Degree) at $143,300 and Systems Engineering (Master's Degree) who earn $130,600 .
Note about salary data: First year earnings data are aggregated by the US Department of Education and analyzes IRS reported income for Massachusetts Institute of Technology graduates who received federal financial aid in the form of grants or loans. Not all graduates or fields of study are represented as data for some degree programs are omitted for privacy purposes.
| Major | Earnings |
|---|---|
| Business/Commerce (Master's Degree) | $153,200 |
| Electrical, Electronics and Communications Engineering (Master's Degree) | $143,300 |
| Systems Engineering (Master's Degree) | $130,600 |
| Mathematics (Bachelor’s Degree) | $120,300 |
| Computer Science (Bachelor’s Degree) | $118,100 |
| Electrical, Electronics and Communications Engineering (Bachelor’s Degree) | $116,600 |
| Mechanical Engineering (Master's Degree) | $108,700 |
| Electrical, Electronics and Communications Engineering (Doctoral Degree) | $108,300 |
| Mechanical Engineering (Doctoral Degree) | $103,100 |
| Business/Commerce (Bachelor’s Degree) | $88,700 |
| Aerospace, Aeronautical and Astronautical Engineering (Bachelor’s Degree) | $80,100 |
| Chemical Engineering (Bachelor’s Degree) | $78,200 |
| Mechanical Engineering (Bachelor’s Degree) | $75,100 |
| Physics (Bachelor’s Degree) | $73,900 |
| Civil Engineering (Master's Degree) | $71,100 |
| Chemistry (Doctoral Degree) | $66,700 |
| City/Urban, Community and Regional Planning (Master's Degree) | $65,300 |
| Materials Engineering (Bachelor’s Degree) | $64,300 |
| Biomedical/Medical Engineering (Bachelor’s Degree) | $62,600 |
| Architecture (Master's Degree) | $58,100 |
| Biology (Doctoral Degree) | $55,900 |
| Biology (Bachelor’s Degree) | $36,700 |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=166683 IPEDS survey and College Scorecard data for Massachusetts Institute of Technology.