Mines graduates bringing in higher salaries
GOLDEN, Colo., May 11, 2011 – Even in tough economic times — it’s good to be a Mines grad.
Friday 672 students receive degrees from Colorado School of Mines. While the nation’s unemployment rate reaches record highs, students with a Mines education are more in demand than ever before.
Here’s the proof by the numbers:
- Starting salaries for Mines grads are increasing 5 percent. The highest starting annual salary for a 2010-2011 BS graduate to date is over $102,000. So far the median salary is $64,739. Last year’s highest was $95,000, with a median of $60,478. (By comparison, CU-Boulder’s reported median starting salary is $46,200).
- Mines continues to be the top-rated public university in terms of starting median salary and mid career median salary, according to PayScale.com. Mines outranks UC Berkeley, Georgia Institute of Technology and CalPoly.
- Employers from all over the world have conducted close to 4,000 on-campus interviews this year.
- Many Mines students have multiple job offers, months prior to graduation.
“The increase this year in the number of employers from all over the world looking to recruit these graduates is amazing,” said Jean Manning-Clark, director of the Mines Career Center. “I love representing Mines graduates because of their focus, passion, strong technical skills and their exceptional work ethic. Because of these attributes, these new professionals are enthusiastically sought out by companies.”
Manning-Clark continually hears from employers about the value of a Mines education.
“The students are top-notch and are very well prepared. They have great resumes and often have had previous internship experience. Mines offers courses relevant to the technical industries that Mines graduates will be joining. Interns and graduates from Mines are highly valued,” said a Northrup Grumman representative.
Colorado School of Mines’ 137th annual commencement ceremony is May 13 at 9:30 a.m. on Kafadar Commons, 1500 Illinois Street, in Golden.
The Mines Board of Trustees will award 507 bachelor of science degrees, 149 master’s degrees and 19 doctorate degrees. During the ceremony, Marcia K. McNutt, director of the United States Geological Survey (USGS), will be awarded an honorary degree.
McNutt is the first woman to serve as director of the USGS in the agency’s 130-year history. She also serves as science advisor to the United States Secretary of the Interior.
McNutt’s commencement address is titled "Meeting the Nation's Needs for Scientists and Engineers: It Really IS Rocket Science!"