What is the average salary coming out of University of Michigan?

Of those who graduated in 2022, 100% are working in their field of choice with 93% job satisfaction. The average starting salary was $86,000 after a short job search.

What is the average salary after graduation at University of Michigan?

How much money do University of Michigan graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $56,200 per year. After ten years, graduates earn $74,400 on average.

How valuable is a degree from University of Michigan?

A World-class Opportunity in Your Own Backyard

Having a degree from a reputable school also allows U-M graduates to earn $1,000,000+ more in a lifetime than high-achieving high school graduates.

What is the pay scale for University of Michigan?

The average The University of Michigan salary ranges from approximately $35,553 per year for Research Assistant to $122,968 per year for Managing Director. Average The University of Michigan hourly pay ranges from approximately $11.09 per hour for Barista to $33.65 per hour for Adjunct Professor.

Is 95k a good salary in Michigan?

A survey from Purdue University and GoBankingRates.com found that you need a minimum annual salary of $95,865 to be happy in Michigan, but that comes with a caveat of a higher than average unemployment rate.

12 Things Nobody Tells You about the University of Michigan | Pros and Cons

Does University of Michigan pay well?

The average University of Michigan hourly pay ranges from approximately $15 per hour (estimate) for a Summer RA to $88 per hour (estimate) for a Medical Doctor. University of Michigan employees rate the overall compensation and benefits package 3.8/5 stars.

How prestigious is University of Michigan?

University of Michigan is ranked #19 in Best Global Universities. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.

Is University of Michigan a prestigious college?

The University of Michigan remains the No. 3 public university in the country for undergraduate education, according to the 2024 U.S. News & World Report Best Colleges list.

Why is U of M so expensive?

The key reason for increasing tuition is inflation and the long-term decline in state funding. Since 2001, U-M has become increasingly reliant on tuition to offset a declining share of revenue from the state appropriation, which is lower today than a decade ago.

Is $75000 a good salary out of college?

While people have different qualifications and different ideas of what constitutes a good salary, most would consider $75,000 per year to be good pay. Luckily, whether a person is just starting out in a new role or already has some experience, there are indeed many opportunities in this pay range.

Is 85k a good salary in Michigan?

A couple or small family could live reasonably well on about $80,000 total, assuming they were okay with a smaller, modest home. At $130,000, they would be making significantly more money than others in the area. The cost of living in Michigan and especially outside the Greater Detroit area is pretty low.

Is 70K a good salary out of college?

Whether $70K is a good salary depends on location, but it is above the national median, and many of the jobs above may also have benefits like paid time off. $70K salary jobs can be an especially good choice for those who don't want to pursue an advanced degree, but still want to enjoy a good quality of life.

Who is the highest paid person at University of Michigan?

Despite Ono and Harbaugh's national prominence, Michigan Medicine CEO Dr. Marschall Runge is actually the university's highest-paid employee for 2023 at $1.64 million.

Which college has the highest average salary after graduation?

By mid-career, or at least 10 years after their diploma, alums of Princeton and MIT received the highest salaries among all college grads, at almost $190,000 annually on average, according to a new analysis from PayScale.

Why is University of Michigan so popular?

The University of Michigan is known for its excellence in academics, research, and athletics. It is one of the top public universities in the United States and has consistently ranked among the best universities in the world.

What is the #1 college in Michigan?

UMich ranks at the top of our list of the best colleges in Michigan.

Is University of Michigan an elite university?

It's one of the top universities in the world and top tier in the US. It is one of the more prominent members (along with University of California schools, The Ohio State, and UW-Madison) of the “Public Ivies”.

What is the easiest college to get into at University of Michigan?

UMich Strategy:

Students should determine which school they are applying to, as this will affect their strategy;. Students often consider the School of Literature, Science, and the Arts (LSA) as easier to get into than the engineering program.

Is University of Michigan generous?

U-M is the only public university in Michigan that covers 100% of demonstrated financial need of eligible Michigan residents. Approximately 70% of all in-state U-M undergraduate students receive some form of financial aid.

Is University of Michigan hard to get into?

The University of Michigan acceptance rate is approximately 20%, making it a very competitive school. For context, acceptance rate is generally an indication of how competitive a school is, but it is also an indication of how popular a school is.

How much do u of M professors make?

$159K (Median Total Pay)

The average Professor base salary at University of Michigan is $159K per year. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips.

What is University of Michigan known for majors?

The most popular majors at University of Michigan--Ann Arbor include: Computer and Information Sciences, General; Business Administration and Management, General; Economics, General; Behavioral Neuroscience; and Mechanical Engineering.

What job in Michigan makes the most money?