For those looking to graduate college and find a high paying field, engineering is likely the career path, but no engineering school has higher-paid alumni than Claremont, Calif.'s Harvey Mudd College, according to new data from PayScale.
According to the data, a career in petroleum engineering will have a potential starting salary of $103,000 and a potential mid-career salary of $160,000. Three engineering schools occupied the top five schools with the highest-paid alumni, with Harvey Mudd College topping California Institute of Technology (Caltech) and Steven's Institute of Technology.
Methodology Annual pay for bachelor’s graduates without higher degrees. Typical starting graduates have two years of experience; mid-career graduates have 15 years. See full methodology. |
About 58 percent of Harvey Mudd graduates leave the school and find a high job meaning with an average starting salary of $73,300.
Two military schools appeared in the top with the U.S. Naval Academy in Annapolis ranking second, despite having a higher average starting salary. The Naval Academy, graduates started with an average salary of $77,100, but their average mid-career salary was about $10,000 lower Harvey Mudd's.
Also in the top 10 was United States Military Academy (USMA) at West Point, with an average starting salary of $74,000 and average mid-career salary of $120,000.
Stanford, Brown and Harvard Universities all tied for eight to round out the top ten, with their average mid-career salaries all being $119,000.
1. Harvey Mudd College - Engineering/Liberal Arts
Avg. Starting Salary: $73,300
Avg. Mid-Career Salary: $143,000
2. U.S. Naval Academy - Military/Liberal Arts
Avg. Starting Salary: $77,100
Avg. Mid-Career Salary: $131,000
3. Steven's Institute of Technology - Engineering/Research
Avg. Starting Salary: $64,900
Avg. Mid-Career Salary: $124,000
3. California Institute of Technology - Engineering/Research
Avg. Starting Salary: $68,400
Avg. Mid-Career Salary: $124,000
5. Babson College - Business
Avg. Starting Salary: $59,000
Avg. Mid-Career Salary: $123,000
6. Princeton University - Research/Ivy League
Avg. Starting Salary: $56,100
Avg. Mid-Career Salary: $121,000
7. U.S. Military Academy at West Point - Military/Liberal Arts
Avg. Starting Salary: $74,000
Avg. Mid-Career Salary: $120,000
8. Brown University - Research/Ivy League
Avg. Starting Salary: $52,300
Avg. Mid-Career Salary: $119,000
8. Harvard University - Research/Ivy League
Avg. Starting Salary: $55,300
Avg. Mid-Career Salary: $119,000
8. Stanford University - Research
Avg. Starting Salary: $61,300
Avg. Mid-Career Salary: $119,000