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The University of Michigan has released its employment report for 2024. This report provides insights into the career outcomes and job placements of its graduates, showcasing the university's commitment to student success and career readiness. By reviewing this report, prospective students can understand the potential career paths and opportunities available after graduation.
International students seeking to enroll in the University of Michigan's MBA program should be aware that applications for the Summer term are not accepted. This policy is important to consider when planning your academic journey and deciding on the appropriate term to begin your studies. It is advisable to explore other available terms for admission to ensure a smooth application process.
The table presents the latest bachelor's average salary and the latest master's average salary across 55 bachelor's disciplines and 33 master's disciplines at University of Michigan, according to the US Government. It highlights salary variations based on the field of study, with STEM disciplines generally offering higher earnings due to industry demand. The bachelor's salaries range from ₹1,15,28,125 to ₹19,84,750, while the master's salaries range from ₹1,70,66,130 to ₹24,01,930. Additionally, master's degree graduates typically earn more than bachelor's degree holders, reflecting the benefits of advanced education in career growth and salary potential.
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Computer and Information Sciences, General. | $135,625 | ₹1,15,28,125 |
Business Administration, Management and Operations. | $116,095 | ₹98,68,075 |
Computer Engineering. | $107,608 | ₹91,46,680 |
Information Science/Studies. | $99,659 | ₹84,71,015 |
Statistics. | $98,758 | ₹83,94,430 |
Electrical, Electronics and Communications Engineering. | $97,459 | ₹82,84,015 |
Aerospace, Aeronautical and Astronautical Engineering. | $97,263 | ₹82,67,355 |
Mathematics. | $97,139 | ₹82,56,815 |
Industrial Engineering. | $94,917 | ₹80,67,945 |
Human Resources Management and Services. | $92,289 | ₹78,44,565 |
Nuclear Engineering. | $92,072 | ₹78,26,120 |
Chemical Engineering. | $92,027 | ₹78,22,295 |
Mechanical Engineering. | $91,187 | ₹77,50,895 |
Economics. | $87,800 | ₹74,63,000 |
Civil Engineering. | $85,123 | ₹72,35,455 |
Multi/Interdisciplinary Studies, Other. | $84,867 | ₹72,13,695 |
Materials Engineering | $84,790 | ₹72,07,150 |
Biomedical/Medical Engineering. | $84,138 | ₹71,51,730 |
Naval Architecture and Marine Engineering. | $80,267 | ₹68,22,695 |
Public Policy Analysis. | $76,823 | ₹65,29,955 |
Environmental/Environmental Health Engineering. | $73,669 | ₹62,61,865 |
Physics. | $73,202 | ₹62,22,170 |
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $72,474 | ₹61,60,290 |
Health and Physical Education/Fitness. | $68,944 | ₹58,60,240 |
Communication and Media Studies. | $66,507 | ₹56,53,095 |
Political Science and Government. | $65,311 | ₹55,51,435 |
Philosophy. | $63,360 | ₹53,85,600 |
International/Global Studies. | $62,313 | ₹52,96,605 |
Architecture. | $60,947 | ₹51,80,495 |
Romance Languages, Literatures, and Linguistics. | $58,154 | ₹49,43,090 |
Area Studies. | $56,039 | ₹47,63,315 |
Neurobiology and Neurosciences. | $54,275 | ₹46,13,375 |
Cell/Cellular Biology and Anatomical Sciences. | $54,072 | ₹45,96,120 |
Biochemistry, Biophysics and Molecular Biology. | $54,057 | ₹45,94,845 |
History. | $53,492 | ₹45,46,820 |
Natural Resources Conservation and Research. | $52,391 | ₹44,53,235 |
Geological and Earth Sciences/Geosciences. | $52,374 | ₹44,51,790 |
Sociology. | $52,288 | ₹44,44,480 |
Liberal Arts and Sciences, General Studies and Humanities. | $52,263 | ₹44,42,355 |
Research and Experimental 0ychology. | $51,924 | ₹44,13,540 |
Dental Support Services and Allied Professions. | $51,853 | ₹44,07,505 |
Linguistic, Comparative, and Related Language Studies and Services. | $50,285 | ₹42,74,225 |
Fine and Studio Arts. | $49,529 | ₹42,09,965 |
English Language and Literature, General. | $48,367 | ₹41,11,195 |
Germanic Languages, Literatures, and Linguistics. | $47,834 | ₹40,65,890 |
Biology, General. | $47,288 | ₹40,19,480 |
Film/Video and Photographic Arts. | $46,789 | ₹39,77,065 |
Anthropology. | $46,678 | ₹39,67,630 |
Teacher Education and Professional Development, Specific Levels and Methods. | $45,900 | ₹39,01,500 |
Ethnic, Cultural Minority, Gender, and Group Studies. | $45,213 | ₹38,43,105 |
Rhetoric and Composition/Writing Studies. | $40,555 | ₹34,47,175 |
Visual and Performing Arts, Other. | $34,175 | ₹29,04,875 |
Ecology, Evolution, Systematics, and Population Biology. | $31,865 | ₹27,08,525 |
Music. | $23,824 | ₹20,25,040 |
Drama/Theatre Arts and Stagecraft. | $23,350 | ₹19,84,750 |
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Health Professions and Related Clinical Sciences, Other. | $200,778 | ₹1,70,66,130 |
Advanced/Graduate Dentistry and Oral Sciences. | $183,992 | ₹1,56,39,320 |
Business Administration, Management and Operations. | $173,548 | ₹1,47,51,580 |
Computer Engineering. | $149,300 | ₹1,26,90,500 |
Systems Engineering. | $129,984 | ₹1,10,48,640 |
Electrical, Electronics and Communications Engineering. | $118,172 | ₹1,00,44,620 |
Health and Medical Administrative Services. | $114,329 | ₹97,17,965 |
Engineering, Other. | $110,935 | ₹94,29,475 |
Medical Illustration and Informatics. | $107,426 | ₹91,31,210 |
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $106,098 | ₹90,18,330 |
Aerospace, Aeronautical and Astronautical Engineering. | $105,142 | ₹89,37,070 |
Industrial Engineering. | $103,148 | ₹87,67,580 |
Mechanical Engineering. | $100,925 | ₹85,78,625 |
Naval Architecture and Marine Engineering. | $92,535 | ₹78,65,475 |
Public Policy Analysis. | $91,225 | ₹77,54,125 |
Civil Engineering. | $90,539 | ₹76,95,815 |
Accounting and Related Services. | $89,951 | ₹76,45,835 |
Biomedical/Medical Engineering. | $89,253 | ₹75,86,505 |
Biomathematics, Bioinformatics, and Computational Biology. | $85,729 | ₹72,86,965 |
Ecology, Evolution, Systematics, and Population Biology. | $73,811 | ₹62,73,935 |
Area Studies. | $72,551 | ₹61,66,835 |
Information Science/Studies. | $69,708 | ₹59,25,180 |
Architecture. | $69,199 | ₹58,81,915 |
Public Health. | $68,234 | ₹57,99,890 |
Natural Resources Conservation and Research. | $66,994 | ₹56,94,490 |
City/Urban, Community and Regional Planning. | $64,392 | ₹54,73,320 |
Nutrition Sciences. | $59,073 | ₹50,21,205 |
Educational Administration and Supervision. | $58,264 | ₹49,52,440 |
Social Work. | $57,376 | ₹48,76,960 |
Community Organization and Advocacy. | $55,341 | ₹47,03,985 |
Health and Physical Education/Fitness. | $53,675 | ₹45,62,375 |
Education, General. | $53,484 | ₹45,46,140 |
Music. | $28,258 | ₹24,01,930 |
Particulars | Statistics (2024) |
---|---|
Placement Percentage | 89.8% |
Median Salary | ₹ 1.44 Cr |
Here are a few well-known alumni from the University of Michigan:
Alumni | Best Known for |
---|---|
Tom Brady | American former football quarterback who played in the National Football League (NFL) for 23 seasons |
Michael Phelps | American former competitive swimmer. He is the most successful and most decorated Olympian of all time with a total of 28 medals |
Gerald Ford | 38th president of the United States from 1974 to 1977 |
Larry Page | Best known for co-founding Google with Sergey Brin. |
James Earl Jones | American actor. He has been described as "one of America's most distinguished and versatile" actors |
The average starting salary for MBA graduates from the University of Michigan is $165,000. About 60% of these graduates work in consulting or technology fields. Below, students can find the average starting salary broken down by industry:
Industry | Base Median Salary (in USD) |
---|---|
Consulting | 175,000 |
Consumer Packaged Goods | 120,000 |
Energy | 125,000 |
Financial Services | 175,000 |
Healthcare (Including Products and Services) | 140,000 |
Manufacturing | 125,000 |
Real Estate | 130,000 |
Retail | 127,500 |
Technology | 136,000 |
Other | 141,000 |
Grand Total | 165,000 |
The average starting salary for MBA graduates from the University of Michigan is $165,000. About 60% of these graduates work in consulting or technology. Below, students can find the average starting salary by industry:
Industry | Base Median Salary (in USD) |
---|---|
Consulting | 175,000 |
Consumer Packaged Goods | 120,000 |
Energy | 125,000 |
Financial Services | 175,000 |
Healthcare (Including Products and Services) | 140,000 |
Manufacturing | 125,000 |
Real Estate | 130,000 |
Retail | 127,500 |
Technology | 136,000 |
Other | 141,000 |
Grand Total | 165,000 |
University City | Ann Arbor, Michigan, USA |
---|---|
Population of City | 1,21,477 |