Mines News

Release Date Tuesday, July 24, 2018

Mines Graduates Earn Average Starting Salaries above $61,300 and 97 Percent Job Placement

Recent SD Mines graduates shown here in their place of employment include: Caitlin Taggert at Google; Rachel Caesar at HDR; Morgan Powell at Wingfield Scale Company Inc.; and Ayla Bitter at Arconic.

New job placement figures for the South Dakota School of Mines & Technology show 97 percent of 2016-17 graduates have secured employment in their career field or are pursuing graduate degrees.

The average starting salary of a Mines graduate is $61,346. Ten of the 16 majors at Mines had 100 percent placement rates, with the vast majority of students electing to go directly into industry, working at companies such as  Microsoft, Garmin, Caterpillar, Cargill, Lockheed Martin, Nucor, POET, Raven Industries, Black Hills Corporation, Daktronics and more. Twenty-two percent of Mines students chose to continue their studies in graduate school.
 
The high placement rate and starting salary speaks to SD Mines’ excellent return on investment.  The earnings of graduates in science and engineering fields outpace other professions and the cost of attending Mines is lower than many schools across the country.

Real-world experience is one advantage many Mines graduates bring to their first job. Seventy-seven percent of students graduated with internship or research experience at organizations such as  NASA, Bobcat, Dow Chemical, L-3 Communications, Kimberly-Clark, SpaceX, Michelin and many other companies and governmental agencies. South Dakota companies led the way in employing Mines interns last year, with students working for more than ­­85 employers from 24 communities across the state.
 
Thirty-six percent of graduates are staying in South Dakota to continue advanced studies or contribute to the economic development of the state. In the last five years, 293 graduates have accepted jobs with 144 employers in 29 South Dakota communities. 

Chemical engineering graduates had the highest salary average among the engineering majors at $69,740. This is more than $3,000 above the national average. Computer engineering and computer science graduates were close behind with an average starting salary of $68,208 and $68,000 respectively.
 
Mines has a very high standard for successful placement. A graduate is only considered successfully placed if they are working full-time in a job related to their major or are enrolled in graduate school.   

 

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About SD Mines  

Founded in 1885, the South Dakota School of Mines & Technology is a science and engineering research university located in Rapid City, S.D., offering bachelor’s, master’s and doctoral degrees. The university enrolls 2,778 students with a student-to-faculty ratio of 15:1. The SD School of Mines placement rate for graduates is 97 percent, with an average starting salary of more than $61,300. Find us online at www.sdsmt.edu and on  Facebook, Twitter, LinkedIn, Instagram and Snapchat

Contact: Charles Michael Ray , 605-394-6082, charles.ray@sdsmt.edu

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