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Rose-Hulman Grads Earn Among Top 10 Salaries
August 1, 2011
A Rose-Hulman Institute of Technology degree opens a variety of
career opportunities in engineering, science and mathematics.
It also produces big bucks for its graduates, according to the
PayScale 2011 College Salary Report.
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Successful Alumni: Fred Cartwright, a 1980 mechanical
engineering alumnus, is vice president of alliances and new
business development for General Motors Europe.
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The median starting salary of Rose-Hulman graduates ($60,700)
ranks ninth in PayScale's annual survey of best salaries for new
college graduates.
Rose-Hulman takes its place alongside Massachusetts Institute of
Technology ($69,700) and California Institute of Technology
($69.600) in the survey's Top 10 list.
Rose-Hulman ranks higher than Carnegie Mellon University
($60,000), Rensselaer Polytechnic Institute ($59.500), Missouri
University of Science and Technology ($58,600), Stanford University
($58,200), Georgia Institute of Technology ($57,500) and Harvard
University ($54,100).
Columnist Lynn O'Shaughnessy points out at CBS MoneyWatch.com
that Rose-Hulman Institute of Technology graduates "enjoy higher
salaries than grads of Duke, Johns Hopkins University and
Amherst."
The PayScale 2011 College Salary Report examined the company's
database of over 29 million unique compensation profiles, provides
a critical perspective on the relationship between college
selection and both starting and mid-career salaries.
Some highlights from the 2011 report include:
- Rose-Hulman (No. 9) joins Colorado School of Mines (No. 6) and
Missouri University of Science and Technology (No. 15) as the only
schools outside California and the northeast in the top 20 of the
starting salary list.
- Rose-Hulman ranks No. 1 among Midwest colleges for starting
salary and No. 6 for mid-career median salary ($95,800).
- Engineering and science fields dominate the list of
undergraduate college degrees earning the best salaries.
Lucrative career fields, according to the salary survey, are
petroleum engineering ($155,000 mid-career salary), chemical
engineering ($109,000), electrical engineering ($103,000),
materials science and engineering ($103,000), aerospace engineering
($102,000), computer engineering ($101,000), physics ($101,000),
applied mathematics ($98,000), nuclear engineering ($97,800) and
biomedical engineering ($97,800).
The PayScale 2011 College Salary Report can be found at PayScale.com.