Miami University continues to rank first among public universities in Ohio for best salary potential after graduation, according to a recent survey of employees by PayScale.com, a global compensation data website.
Among public universities nationwide, Miami had the 42nd highest earning potential. The survey showed the starting median salary for Miami graduates was $46,600. The mid-career salary for Miami alumni was $85,500.
PayScale.com also grouped universities and colleges regionally. Among public and private universities and colleges in 12 Midwest states, Miami ranked 22nd out of 282, per graduates surveyed.
PayScale.com looked at more than 1,000 schools in the United States and only considered graduates who work full time in the U.S. and have a bachelor’s degree but no higher degree. Starting salaries are based on full-time employees with no more than five years of experience in their respective fields, while mid-career salaries are based on full-time employees with at least 10 years experience. Typical starting employees who responded were 25 years old and had two years of experience, while typical mid-career graduates were 42 years old with 15 years of experience.
PayScale.com combined base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime and other forms of cash earnings as applicable. The survey includes 88 percent of schools with more than 5,000 undergraduates enrolled and 77 percent of schools with enrollment over 2,000.
Founded in 2002 in Seattle, Wash., Payscale.com is the largest online source of employee generated compensation data. Data were collected from employees who successfully completed PayScale's employee survey. Self-employed graduates were not included. For the complete ranking of PayScale.com’s top colleges, go to payscale.com/best-colleges.