PayScale once again ranked Polytechnic Institute of New York University (NYU-Poly)’s graduates among those with the highest salary potential in the country: Fourth among engineering schools, tied for eighth place among all colleges in the United States and first among all New York City institutions.
The survey includes graduates with baccalaureate degrees only, and measures their mid-career salaries – $117,000 in the case of NYU-Poly. PayScale reported an average NYU-Poly starting salary of $56,800.
All ten of the majors with the highest salaries in the 2012-13 survey are in the STEM fields – science, technology, engineering and mathematics.
“The PayScale results reflect the increasing importance of engineering and all the STEM fields in today’s society,” said NYU-Poly President Jerry M. Hultin. “NYU-Poly has been developing cutting-edge initiatives to engage students well before college in order to fill the pipeline with strong candidates grounded in STEM skills, then immersing our students in what we call i2e: invention, innovation and entrepreneurship. Combined with a strong core engineering education, initiatives like these prepare our students to excel in the workplace. The PayScale results show that employers recognize the value of our approach, and of our graduates.”
The i2e initiative at NYU-Poly includes academic courses such as the Innovation and Technology Forum, in which all first-year students meet famous inventors and learn communication, teamwork and business planning skills. NYU-Poly also launched three new-business incubators with New York City and State, in which student interns work side-by-side with technology entrepreneurs.
“The growth of the tech sector in New York City contributed greatly to the high demand for technology graduates locally,” said James Sillcox, director of the Wasserman Center for Career Development at NYU-Poly. “We have seen tremendous opportunities in computer engineering and science, cybersecurity, electrical engineering and for our graduates in other programs with strong digital technology skills.”