Massachusetts Institute of Technology (MIT) Placements: Job Opportunities and Salaries

Massachusetts Institute of Technology (MIT) Placements: Job Opportunities and Salaries

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Syed Yusuf Ashraf

Study Abroad Content Specialist | Updated 3+ months ago

Massachusetts Institute of Technology placements are offered to more than 90% graduate students. They are employed 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 $120,000 (₹1.02 crores) per annum. Massachusetts Institute of Technology graduates are the second-highest paid professionals in the country.
  • Nearly 22 Indian students have graduated from MIT in the previous year placements. They received an average annual package of $1,05,000 (₹89.51 lakhs).

MBA is considered as one of the popular courses in Massachusetts Institute of Technology. The top recruiters for MBA include Google, Microsoft, Apple, Amazon, Tesla, etc. Given below are some statistics for MBA in Massachusetts Institute of Technology graduates:

  • The median signing bonus for MBA graduates is $30,000 (₹25.57 lakhs).
  • Approximately 90.2% of the MBA graduates received an employment offer within 3 months of their graduation. Out of which, 86.9% of them accepted the offer.

MIT Career Fairs is 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 per week. This enhances the academic skills and professional expertise of the students simultaneously.


MIT Placements by Profession

Given below are the commonly pursued professions after graduation from MIT and their reported average salaries:
 

Job Title Average Salary (USD) Average Salary (INR)
Software Engineer $115,500 ₹98.46 lakhs
Mechanical Engineer $81,600  ₹69.56 lakhs
Senior Software Engineer $133,900  ₹1.14 crores
Aerospace Engineer $97,500 ₹83.11 lakhs
Data Scientist $111,300 ₹94.88 lakhs
Senior Mechanical Engineer $122,300 ₹1.04 crores
Research Scientist $112,100 ₹95.56 lakhs

MIT Graduate Salaries By Profession

Note: USD 1 = INR 85.71 as on December 26, 2024


MIT Undergraduate Placements

Massachusetts Institute of Technology placement packages for the UG students varies according to their field of study. Given below are the different MIT field of study along with their average salaries:
 

Field of Study Median Salary (USD) Median Salary (INR)
Aerospace, Aeronautical and Astronautical Engineering $78,970 ₹67.32 lakhs
Computer Science $1,26,500 ₹1.07 crores
Chemical Engineering $85,290 ₹72.70 lakhs
Mechanical Engineering $76,800 ₹65.47 lakhs
Physics $69,340 ₹59.11 lakhs

MIT Undergraduate Salaries By Job Roles

Note: USD 1 = INR 85.71 as on December 26, 2024


MIT Graduate Placements

Graduates of MIT and Sloan School of Management are appreciated across some globally leading companies. The table below shows the reported wages of MIT alumni according to their respective degrees.
 

Field of Study Median Salary (USD) Median Salary (INR)
Civil Engineering $75,920 ₹64.72 lakhs
Architecture $57,320 ₹48.86 lakhs
Business/Commerce, General $1,65,410  ₹1.41 crores
Electrical, Electronics and Communications Engineering $1,51,220 ₹1.28 crores
Mechanical Engineering $1,20,760 ₹1.02 crores

MIT Graduate Salaries By Industry

Note: USD 1 = INR 85.71 as on December 26, 2024


MIT MBA Placements 

In Massachusetts Institute of Technology, MBA is one of the prestigious courses. The top four industries for Massachusetts Institute of Technology placement in MBA are Consulting, Technology, Finance, Healthcare/Pharma/Biotech, etc. Given below are the industries and their median salaries:

Industry Median Salary (USD) Median Salary (INR)
Consulting $1,90,000 ₹1.61 crores
Finance $1,75,000 ₹1.49 crores
Healthcare/Pharma/Biotech $1,47,500 ₹1.25 crores
Energy $1,60,000 ₹1.36 crores
Automotive/Aerospace $1,46,500 ₹1.24 crores
Media, Entertainment, Sports $1,40,000 ₹1.19 crores
Technology $1,57,100 ₹1.33 crores
Other $1,25,000 ₹1.06 crores

MIT MBA Salaries By Industry

Note: USD 1 = INR 85.71 as on December 26, 2024

MIT MBA 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 top recruiters of Massachusetts Institute of Technology graduates of MBA are given below:

Company Average Salary (in USD) Average Salary (in INR)
Walmart $85,000 ₹72.46 lakhs
Amazon $121,000  ₹1.03 crores
Home Depot $72,978 ₹62.21 lakhs
Berkshire Hathaway Inc $112,000 ₹95.47 lakhs
JPMorgan Chase $90,000 ₹76.72 lakhs
Microsoft Corporation $128,000 ₹1.09 crores
Apple $135,000 ₹1.15 crores
Alphabet Inc $129,554  ₹1.10 crores
Tesla $98,000 ₹83.54 lakhs
Facebook $132,000 ₹1.12 crores
Adobe $125,000 ₹1.06 crores

MIT MBA Top Recruiters and Salaries

Note: USD 1 = INR 85.71 as on December 26, 2024

Also Check: Jobs After MBA in USA

 A carrier and professional development cell is also there for Massachusetts Institute of Technology degrees. Aside from inviting recruiters from all over the world, the institute provides extensive career support to its students, including career fairs, networking with businesses, etc. Some of its benefits include:

  • 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 than 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, JPMorgan Chase & Co, Amazon, McKinsey & Company, Rivian, Amgen, IBM, Nike, Morgan 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.

Ques. What is the highest placement of Massachusetts Institute of Technology?

Ans. The highest placement package in MIT is USD 1,94,000. It was offered to a MBA graduate. The institute has maintained impressive placement statistics consistently.

Ques. Is Massachusetts Institute of Technology better than Harvard?

Ans. Both these universities are known for their brilliant academic programs and excellent placements. You can enroll in any university if you meet the program requirements.

Ques.  Is MIT hard for Indian students?

Ans. MIT maintains an acceptance rate of just 4%-5%. It follows a highly selective admissions policy. Therefore, if you want to study at MIT, you must start preparing at least a year before for the exams.

Ques. What is the rank of Massachusetts Institute of Technology in the world?

Ans. Massachusetts Institute of Technology is ranked #1 in QS World University Rankings 2025. The institute has been ranked for its subjects, employability rate, etc.

Ques. What is the starting salary at MIT?

Ans. The average starting salary at Massachusetts Institute of Technology is 126,841 USD per annum. The placement and salary statistics however change according to the year.

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