Massachusetts Institute of Technology Parent Guide
MIT Students After Graduation
During the 2010–2011 academic year, employers recruited in the MIT Global Education and Career Development center. Computer technology companies, financial services, consulting, and finance accounted for approximately 39 percent, and engineering companies accounted for 14 percent of recruiters.
Twenty-eight percent of 2011 bachelor’s degree graduates found jobs through on-campus recruiting; 15 percent had internships that led to a full-time job offer; 13 percent found jobs at a career fair; and 22 percent found jobs through various networking venues, including MIT faculty and administrators, GECD contacts, and professional conferences. Internships also figured prominently in students’ career preparations, with 79 percent of all graduating seniors completing internships while at MIT.
The proportion of MIT undergraduates who went on to graduate school was 39 percent, while 52 percent took jobs. The top seven graduate school destinations were MIT, Harvard, Stanford, University of California at Berkeley, Yale, Columbia, and the University of Pennsylvania.
Top Employment Sectors for MIT Graduates
| Undergrads | Masters | |
|---|---|---|
| Aerospace/defense | 5% | 5% |
| Biological science | 5% | 10% |
| Computer technologies | 16% | 14% |
| Consulting | 18% | 24% |
| Energy/utilities | 3% | 4% |
| Finance | 17% | 13% |
| Other engineering | 17% | 10% |
The top employers for bachelor’s degree recipients were MIT, Oracle, Boston Consulting Group, Morgan Stanley, McKinsey, and Schlumberger. The top employers for master’s degree recipients were Boston Consulting Group, McKinsey, Google, the US Navy, Bain & Company, and Deloitte Consulting.
The top employers for doctoral degree recipients were MIT, Harvard, Stanford University, Princeton University, Massachusetts General Hospital, Princeton, University of California at Berkley, and Boston Consulting Group.
Average Salaries Earned by MIT Graduates Entering Industry Positions
| Degree Type | Average Salary* |
|---|---|
| Bachelor’s degree |
$64,519 |
| Master’s of Science | $81,252 |
| Master’s of Engineering | $87,989 |
| Master’s of Business Administration | $121,375 |
| PhD entering postdoctoral positions | $55,583 |
| PhD entering other positions | $100,416 |
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