How much money do Rice University graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $64,400 per year. After ten years, graduates earn $86,400 on average.
In terms of specific areas of study, the following is a ranking of degree programs by the median first-year starting salaries for Rice graduates.
The undergraduate degree which initially pays the highest is Computer and Information Sciences with a median starting salary of $111,900 followed by Chemical Engineering paying $80,100 and Economics graduates who have a median starting income of $73,100 .
Looking at post-graduate and doctorate students, those completing the Business Administration, Management and Operations (Master's Degree) program rank first with a median initial income of $123,200 followed by Music (Master's Degree) at $25,900 .
Note about salary data: First year earnings data are aggregated by the US Department of Education and analyzes IRS reported income for Rice University graduates who received federal financial aid in the form of grants or loans. Not all graduates or fields of study are represented as data for some degree programs are omitted for privacy purposes.
| Major | Earnings |
|---|---|
| Business Administration, Management and Operations (Master's Degree) | $123,200 |
| Computer and Information Sciences (Bachelor’s Degree) | $111,900 |
| Chemical Engineering (Bachelor’s Degree) | $80,100 |
| Economics (Bachelor’s Degree) | $73,100 |
| Mechanical Engineering (Bachelor’s Degree) | $70,500 |
| History (Bachelor’s Degree) | $47,700 |
| English Language and Literature (Bachelor’s Degree) | $39,500 |
| Health and Physical Education/Fitness (Bachelor’s Degree) | $37,300 |
| Psychology (Bachelor’s Degree) | $34,800 |
| Sociology (Bachelor’s Degree) | $29,500 |
| Music (Master's Degree) | $25,900 |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=227757 IPEDS survey and College Scorecard data for Rice University.