A new report from the financial technology firm SmartAsset ranks Missouri S&T as the best value among Missouri universities and best in the state when it comes to graduates’ average starting salaries.
The average starting salary of $69,200 for Missouri S&T graduates was the highest of all universities in the state, according to the report.
In addition to starting salaries, SmartAsset looked at available scholarships, tuition, living costs and the retention rate for each university to determine the “best value” rankings. In addition to its No. 1 ranking among Missouri universities, S&T was ninth nationally in the study, which measures a university’s return on investment.
SmartAsset says when it comes to methodology, salary, tuition, and living costs each received 25% weight, while scholarships and retention rate were given 12.5%.
The schools were then ranked in accordance by their score with the No. 1 school receiving a score of 100, and each additional school’s index value representing how closely they compare.
Missouri University of Science and Technology (Missouri S&T) is a STEM-focused research university of over 7,600 students and part of the four-campus University of Missouri System. Located in Rolla, Missouri, Missouri S&T offers 101 different degree programs in 40 areas of study and is ranked by CollegeFactual as the best public university to study engineering. For more information about Missouri S&T, visit www.mst.edu.