MIT Placements: Industries, Professions, Salary, Top Recruiters, MBA Placements

MIT Placements: Industries, Professions, Salary, Top Recruiters, MBA Placements

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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.
Explore: MIT Student Profiles

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.

Check Out: MIT Placements (Spanish)

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:

MIT Salary by Profession
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.

MIT Salary by Degree
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

MIT MBA Graduate Salary 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
Facebook 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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