Interesting Salary Data

Anonymous
https://projects.dailyprincetonian.com/senior-survey-2022/afterprinceton.html

Sorting by concentration, you get lots of interesting results. CS is $200k median starting salary. Political Science at $84k beats out Mechanical Engineering at $80k. Fascinating!
Anonymous
OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.
Anonymous
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.
Anonymous
Anonymous wrote:
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.


But why would a Princeton CS major go to Fintech or hedge funds when the work-life balance is much worse than FAANG?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.


But why would a Princeton CS major go to Fintech or hedge funds when the work-life balance is much worse than FAANG?


Working at a place like Citadel seems to be the destination for many FAANG folks, multiple times he salary of FAANG.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.


But why would a Princeton CS major go to Fintech or hedge funds when the work-life balance is much worse than FAANG?


Working at a place like Citadel seems to be the destination for many FAANG folks, multiple times he salary of FAANG.


Really? DH works at FAANG and doesn't know anyone going to Citadel/hedge funds.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.


But why would a Princeton CS major go to Fintech or hedge funds when the work-life balance is much worse than FAANG?


Working at a place like Citadel seems to be the destination for many FAANG folks, multiple times he salary of FAANG.


Really? DH works at FAANG and doesn't know anyone going to Citadel/hedge funds.


Its too niche, most people won't even get an interview there.
Anonymous
Princeton has a quantitative data-science oriented political science degree. https://politics.princeton.edu/track-quantitative-and-analytical-political-science
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Fintech (GS and other large Ibanks) and hedge funds pay more than FAANG. Assume due to NYC location they are taking more kids vs kids heading out to CA.


But why would a Princeton CS major go to Fintech or hedge funds when the work-life balance is much worse than FAANG?


They are not going to GS and working as bankers…they are going to their IT departments and writing code for new financial products. They have a much better work-life balance. Some may write code on trading desks, but the top Ibanks are specifically trying to lure kids who may otherwise want to head to Silicon Valley. The hedge fund CS kids probably have worse hours.
Anonymous
Nope, I'll go with Department of Education data

https://collegescorecard.ed.gov/school/?186131-Princeton-University

Political Science: $66,134
This is 6 years after graduation
Anonymous
Anonymous wrote:Nope, I'll go with Department of Education data

https://collegescorecard.ed.gov/school/?186131-Princeton-University

Political Science: $66,134
This is 6 years after graduation


DoE data is misleading because it only includes Pell Grant recipients and those who took out federal student loans. So only the poorest of Princeton’s student body.
Anonymous
I can only speak to those around me. I have two children that graduated from Princeton in political science four years ago and they are both currently making under 75K. Meanwhile, my child #3 went to NVCC for a semester before dropping out to pursue his music career. He is doing really well because he just bought his older brother and sister two brand new 2023 Toyota RAV-4 as a Christmas present.
Anonymous
Anonymous wrote:OP here and I have no relation to Princeton at all whatsoever. But I’m still interested in how Poli Sci beats out Mechanical Engineering and Civil Engineering. Also interested in how CS is at $200k when most FAANG is at ~$150k starting salary for new grads.


Bonus and stock grants.
Anonymous
Anonymous wrote:https://projects.dailyprincetonian.com/senior-survey-2022/afterprinceton.html

Sorting by concentration, you get lots of interesting results. CS is $200k median starting salary. Political Science at $84k beats out Mechanical Engineering at $80k. Fascinating!


Mechanical engineer here. That tracks. 🥜🥜🥜🥜
Anonymous
Anonymous wrote:
Anonymous wrote:Nope, I'll go with Department of Education data

https://collegescorecard.ed.gov/school/?186131-Princeton-University

Political Science: $66,134
This is 6 years after graduation


DoE data is misleading because it only includes Pell Grant recipients and those who took out federal student loans. So only the poorest of Princeton’s student body.


+1
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