For Release August 4, 2008 

Binghamton University recognized for high-earning alumni

Forbes magazine ranks top public colleges for alumni earnings

BINGHAMTON, NY – A recent ranking compiled by Forbes magazine recognizing “Top Public Colleges for Getting Rich” places Binghamton University graduates among the nation’s top earners.

The ranking is based on a recent study compiled by PayScale.com that looks at earnings of alumni from public colleges around the country. Graduates of Binghamton University finished 11^th on the list of public colleges with a median salary of $96,900. According to study, the highest paid Binghamton University alums earn $201,000, with ten percent of grads with 10 to 20 years experience earning more than this amount.

“I am not surprised that our graduates are highly ranked in respect to their earnings,” said Binghamton University President Lois B. DeFleur. “Our graduates are bright, talented and creative problem solvers. The excellence of our academic programs as well as the wide range of outstanding opportunities to participate in faculty research, internships and international programs prepare our graduates to be successful in the workforce and sets them apart from other graduates.“      

This is reflected in the growing interest of employers in recruiting Binghamton University graduates, says DeFleur,

“Despite fluctuations in the economy, employer recruitment activity at Binghamton has remained strong,” says DeFleur. “Over the last four years, we have seen a 39% increase in the number of on campus interviewing. I regularly hear from employers who visit our campus that Binghamton graduates are not only accomplished in their fields of study but in real-world skills such as creative problem solving, analytical and critical thinking.”

Employers regularly partnering with Binghamton University in recruiting students include Lockheed Martin, EI, BAE; Goldman Sachs, Ernst & Young, KPMG, PWC, and Deloitte. Other major corporations such as IBM, Bloomberg, FactSet Research Systems, Inc., Microsoft, Lord & Taylor, Enterprise, Deutsche Bank, JCPenney and Target regularly recruit Binghamton University students.

      In addition to reviewing the earnings of alumni with 10 to 20 years of work experience, Forbes also ranked the colleges based on the pay of new graduates. Looking at the pay of alumni with less than five years of work experience, Binghamton University graduates record an average paycheck of $53,600. Other colleges and universities listed on the “Top Public Colleges for Getting Rich” ranking includes the University of California, Berkeley, the University of Virginia, and the University of Illinois, Urbana-Champaign.

 

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