Massachusetts Institute of Technology placements are offered to more than 90% graduate students within 3 months after graduation. MIT graduates typically earn around 30-40% higher wages than the national average. The average base salary of the MIT graduates is 116,000 USD per annum (95.12 lakhs INR). Massachusetts Institute of Technology graduates are the second-highest paid professionals in the country.
MIT Career Fairs, the largest recruiting event of the university is organized every year by undergraduates. The annual career fairs at MIT gathers around 450 companies and 5,000 students. MIT allows and encourages international students to work while studying for up to 20 hours a week. This enhances the academic skills and professional expertise of the students simultaneously.
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Massachusetts Institute of Technology is ranked at #1 in the QS Graduate Employability Rankings, 2022. MIT alumni have pioneered essential technologies, established new businesses, and created millions of jobs in the United States thanks to their brilliance and determination. A large number of MIT graduates go on to have highly successful jobs in industries around the world. Some of the top recruiters of MIT graduates are, Apple, Amazon, Google, IBM, Goldman Sachs, Disney, Morgan Stanley, American Express, and JP Morgan Chase & Co. among others.
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MIT Placements by Profession
The annual average base salary of MIT graduates is 116,000 USD (95.12 lakhs INR). Following are the commonly pursued professions after graduation from MIT and the reported average salaries of MIT graduates based on their respective professions:
| Job Title | Average Salary (USD) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Software Engineer | 115,500 | 94.71 lakhs |
| Mechanical Engineer | 81,600 | 79.24 lakhs |
| Senior Software Engineer | 133,900 | 1.09 crore |
| Aerospace Engineer | 97,500 | 79.94 lakhs |
| Data Scientist | 111,300 | 91.25 lakhs |
| Senior Mechanical Engineer | 122,300 | 1 crore |
| Research Scientist | 112,100 | 91.91 lakhs |
MIT Placements by Degree
Graduates of MIT and Sloan School of Management are appreciated across some of the globally leading companies. The table below shows the reported wages of MIT alumni according to their respective degrees.
| Degree | Average Salary (USD) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Master in Management | 178,000 | 1.45 crore |
| Executive MBA | 192,000 | 1.57 crore |
| MBA | 175,000 | 1.43 crore |
| Doctor of Medicine | 170,000 | 1.39 crore |
| PhD | 169,000 | 1.38 crore |
| Master in Science | 140,000 | 1.14 crore |
MIT MBA Placements
According to MIT, 96.6% of the MBA graduates of 2022 got offers within three months of graduation, increasing from 95.9% in 2021. The average base pay for the MBA increased again by 7.6% to 159,391 USD in 2022 as compared to 148,075 USD in 2021. The median base salary increased by 10% to 165,000 USD after remaining stable at 150,000 USD since 2020. The classes of 2022 and 2023 were accepted into 331 firms, pursuing impact and advancement opportunities at leading and emerging enterprises across the country and around the world.
MIT MBA Placements by Industry
| Industry | Median Salary in 2021 (USD) | Median Salary in 2022 (USD) |
|---|---|---|
| Consulting | 157,572 | 175,608 |
| Finance | 153,750 | 163,386 |
| Software/Internet | 140,806 | 148,316 |
| Consumer Products | 130,727 | 140,100 |
| Automotive/Aerospace | 149,125 | 151,727 |
| Computers/Electronics | 151,429 | 151,900 |
| Other Manufacturing Industries | 122,000 | 145,000 |
MIT MBA Placements: Top Recruiters
MIT graduates are employed across numerous globally leading companies including Google, Microsoft, Apple, Amazon, Tesla, Goldman Sachs, Disney, Morgan Stanley, American Express, and JP Morgan Chase & Co. among others. Some of the top recruiters of MIT graduates along with the respective average salaries offered by them are provided below:
| Company | Average Salary (in USD) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Walmart | 85,000 | 69.65 lakhs |
| Amazon | 121,000 | 99.15 lakhs |
| Home Depot | 72,978 | 59.80 lakhs |
| Berkshire Hathaway Inc | 112,000 | 91.77 lakhs |
| JPMorgan Chase | 90,000 | 73.74 lakhs |
| Microsoft Corporation | 128,000 | 1.04 crore |
| Apple | 135,000 | 1.10 crore |
| Alphabet Inc | 129,554 | 1.06 crore |
| Tesla | 98,000 | 80.30 lakhs |
| 132,000 | 1.08 crore | |
| Adobe | 125,000 | 1.02 crore |
MIT Placements by Indian Company
The below data shows the salaries of MIT graduates recruited by Indian Companies.
| Company | Annual Salary (in INR) |
|---|---|
| Biological Science Instruments | 19.3 lakhs |
| Blaze Clan Technologies | 27.0 lakhs |
| Genpact Headstrong India | 19.0 lakhs |
| CHN Industrial | 12 lakhs |
| Gogo International | 22.6 lakhs |
MIT Career and Professional Development
Massachusetts Institute of Technology is one of the best universities in the United States, and its alumni have a wide range of job options. Aside from inviting recruiters from all over the world, the institute provides extensive career support to its students, including career fairs, networking with businesses, assisting students in finding employment and internships, and much more.
Overview of Career and Professional Development:
- Developing skills, interests and career values
- Job search resources
- Internship search resources
- Networking and Career Fairs
- Resumes, cover letters, and CVs making.
- Building LinkedIn profile
- Guidance for interviews.
- Dress code and etiquette tips
- Negotiation and job offer
- Academic careers.
MIT is recognized as the best university in the world in terms of graduate placements according to several ranking agencies. MIT graduates are welcomed by almost all the top employers across the globe. MIT stands out for its hands-on experience combined with academic excellence with graduates earning average salaries of 30-40% higher thn the national average.
FAQs
Ques. Which Massachusetts Institute of Technology alumni have the greatest salaries?
Ans: At MIT & Sloan School of Management, a Master in Management is the highest-paying degree, with alumni earning an average salary of 178,000 USD (1.45 crore INR).
Ques. What is MIT known for?
Ans: MIT is well known for its engineering and physical science programs. Economics, political science, urban studies, linguistics, and philosophy are some of MIT's other well-known programs.
Ques Which companies are the most active in recruiting MIT MBA graduates?
Ans: Google, Jp Morgan Chase & Co, Amazon, McKinsey & Company, Rivian, Amgen, IBM, Nike, Morgon Stanley, Bain & Company, HelloFresh Disney, High Vista, Facebook, Citigroup, Booz Allen Hamilton, Deutsche Bank, LinkedIn etc are some of the top recruiters of MIT MBA graduates.
Ques. How much do MIT MBA graduates make on average?
Ans: The average base income of the MBA graduates of MIT has increased by 7.6% to 159,391 USD in 2022 from 148,075 USD in 2021.
Ques. What is MIT’s employability ranking?
Ans: According to QS MIT received a perfect 100.00 in three metrics — Employer Reputation, Alumni Outcomes, and Partnerships with Employers — as well as a 96.0 in Employer-Student Connections and 79.3 in Graduate Employment Rate.
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