<p>I guess MIT EE graduates are the ones who are the best paid engineers. How much approx do they earn after completing their Masters in EE?</p>
<p>According to last</a> year's salary survey, about $78,985 on average.</p>
<p>Any idea about what guys from Caltech earn for the same specialization and same degree? I got selected in MIT and Caltech and am wondering which one to choose.</p>
<p>There's probably not a significant difference between the two. You should pick based on your fit with each of the two schools.</p>
<p>maybe there is mollie...coz caltech's still not up with their statistics...;)</p>
<p>I think I have to agree with molliebatmit here. Sure, Caltech may have its stats up, but other top schools like Stanford and Berkeley post their stats and they are not substantially different from MIT's. </p>
<p>The truth is, engineering starting salaries do not vary much with the strength of the school. Even the engineering students from no-name schools are going to make pretty decent money. For example, even the BS engineers from New Mexico Tech, a school I had never even heard of until 6 months ago, make an average of 55k to start. What really seems to matter is the specific industry. For example, I have noticed that the biology/health-sciences industry, relative to other engineering fields, pays notoriously low salaries for its employees who are not "doctors" (PhD, MD, PharmD, etc.) . However, in fairness, it should be said that the bio industry does tend to offer extremely good benefits and family-friendly careers (i.e. lots of flex-time, very good health-care plans and 401k matching, child care, etc.). The mning industry and the petroleum industry pay very well, especially now, but are also noted for not offering the most family-friendly environments. You're not going to see your family very much when you're stuck for weeks at a time on an offshore oil platform.</p>
<p>hmmm...I would say that maybe the difference in salaries would arise when you see how many consulting and banking companies recruit actively at the campus...coz those are the high paying jobs and the ones which are not even available in small universities...so basically that is the major difference in terms of starting salaries...but Ben G tells me that Caltech people too go to Consulting/Ibanking so then the salaries should be same for the school....</p>
<p>dont choose a college based on its average salary... that is is idiotic... not only are you assuming that you will make more money at a school where the average is a little higher, but you are also disregarding the fact that you will do better at a school where you will be happy. College is the one time in your life where you will be able to study whatever you want, to somewhat satisfy the curiosity that every student has.... think about what college you will be happiest at and where you want to spend four years of your life.... average salaries are trivial</p>
<p>A million.</p>