High Return on Investment  

The cost of higher education is more expensive than ever, so it’s important to choose a university that offers a high return on the investment. SD Mines, the state’s premier science, technology, engineering and math (STEM) university, is that school. 

A Forbes magazine article titled "How To Get Through College Debt-Free, And Without Rich Parents", further lays out the value of an education from SD Mines when compared to other universities. In this piece, Rick Kahler, a wealth advisor and president of Kahler Financial Group, points out that, "While graduating from MIT might sound impressive, the average four-year cost of about $200,000 doesn't guarantee any better paying job than graduating from the South Dakota School of Mines & Technology at an average four-year cost of about $82,000. MIT students received average salary offers of $70,300 in 2015, according to Business Insider, while SDSM&T students received $61,346 in 2016. Viewing this another way, the difference in total cost between MIT and SDSM&T is about $118,000. For that you get an extra $9,000 a year in earnings. However, if you apply all of the extra earnings to amortizing the extra $118,000 cost at 5%, it will take you over 20 years to break even. That is not a good deal."

Starting Salary & Job Placement

Mines graduates earn an average starting salary of more than $61,300 a year, and its students get hired. The job placement rate for SD Mines graduates is 97 percent. Students are hired by such powerhouse businesses as Google, Fiat Chrysler, Garmin, Barrick Gold, Microsoft, Morgan Stanley and Amazon.

Best College Buy

Mines has been named one of America’s Best College Buys for 19 years and is currently ranked No. 1 in the state of South Dakota by PayScale for its return on investment. The organization College Choice has ranked SD Mines among its list of Best Colleges in South Dakota, ranking our  Online Master's in Engineering programs third in the United States for affordability. Mines offers three online master’s degrees in  Construction Engineering and ManagementEngineering Management, and  Mining Engineering and Management. College Choice reviewed schools nationwide and found that SD Mines’ online programs stood out in both quality, flexibility and affordability. College Choice ranks Mines 24th in the  “35 Best Master’s in Electrical Engineering.”  This ranking comes on top of a  previous report placing Mines’ Department of Mechanical Engineering in the top 10 programs in the nation. And if that wasn’t impressive enough, Schools.com named the university’s Mechanical Engineering Department sixth in the nation using a 13-point rating system looking at such things as affordability, student-to-faculty ratio, graduate rates and flexibility.

2017 Best College Award - SD
Best Value Master's Engineering Program
Best Value School Award
2018 Best College Award - SD
Best College Buy Award
Top 5% Best Value Award

Military and Veteran Friendly

Best For Vets and Military-Friendly Logos

SD Mines was ranked 27th out of 140 four-year universities in the recently released  2018 Military Times Best Colleges listing. The 2018 Military Times Best list recognizes educational institutions for a commitment to providing quality educational opportunities to America's veterans and military-connected students.

Learn more about our  Veterans Resource Center.