NYU’s annual report on outcomes for the previous May’s graduates shows record levels of employment and salaries.
The Life Beyond the Square Report for the Class of 2016—to which 80% of graduates replied—showed that:
- 96.2% were either employed or enrolled in a graduate or professional program within six months of graduation—a record—with
o 86.6% working,
o 10.5% in graduate or professional school, and
o 2.9% both working and attending school
- The average annual salary was $61,478, a record, and over $3,000 more than the average starting salary for the Class of 2015
- The highest average starting salary went to graduates of NYU’s Rory Meyers College of Nursing ($85,995), followed by the Stern School of Business ($73,986), and the Tandon School of Engineering ($65,200)
- The average signing bonus was $7,893
- Just over half—51.9%—received two or more job offers
- Though a large majority of NYU students come from outside the New York City area, nearly 83% of graduates were employed in New York, making NYU a major engine for importing well-educated members of the New York City work force
The biggest field for employment was the financial services/banking sector, in which 12.6% of Class of 2016 grads are employed, followed by entertainment/media, education/teaching, and computer science/technology.
Trudy Steinfeld, Associate Vice President and head of NYU’s Wasserman Center for Career Development, said, “There’s a lot of good news in this report. It demonstrates NYU’s important role in drawing talented young people to New York who go on to be well- educated members of the city’s work force. It validates one of the key reasons more students apply to NYU than to any other private university: the chance to participate in internships. And perhaps most importantly—in line with recent findings about NYU being among the best of private universities as an engine of economic diversity and employability—it shows that students can come to NYU from all walks of life and expect to go on to good jobs and careers.”