Highest paying jobs for fresh college grads

[Anonymous]

$110 K in financing for new grad?? What company or organization if you don’t mind sharing?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).

My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

How does she "launder her cash?" Does she pay for everything with money orders? I have two employees who were caught by the IRS in cash jobs. They deposited their cash in the bank and had no source for the revenue stream. They each paid about $6000 in penalties and interest on top of the back taxes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).

My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

Sounds like she needs some ethics classes.

[Anonymous]

Anonymous wrote:$110 K in financing for new grad?? What company or organization if you don’t mind sharing?

This is common for commercial banking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:CS kid from UMD got $170k+ about 4 years ago. My kid’s friend. Higher in today’s dollars

But they might age out of their job at 40. Fields for long term careers where people still do well in their 50s and 60s would be a lot better.

If they save 60-70% for even ten years, they’ll be doing fine and can choose to work or not later in life.

[Anonymous]

Seems business and engineering jobs are becoming highly saturated for new grads- many getting graduate degrees to just get their foot into the door. Jobs in a “helping” careers are highly in demand (nursing, teaching, PT/OT/Speech, counseling) but there is also an income ceiling for these jobs and they are not “cushy” as many corporate jobs are.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).

My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

She picked the right profession for being a natural born crook. She will be out of medical school in a few years scamming sick people.

[Anonymous]

Misinformed comment. Actual medical professionals deserve all the $$$ they earn. The issue is corporate greed and hospital executives who don’t do shit and make decisions that affect sick people without ever actually interacting with one.

She picked the right profession for being a natural born crook. She will be out of medical school in a few years scamming sick people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

Psst: She does owe taxes. Tax evasion is a crime.

I don't know how the IRS can track bitcoin or cash transactions. It is virtually impossible to do that.

So don't get caught is her moral code?

What moral code? She is an ivy grad.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My kid will make $110k in finance when he graduates.

Plus bonus which could be double or triple that.

That ship has sailed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).

My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

Yeah, right. Sure. Bitcoin? Yes they are traceable and yes the crypto exchanges do report to the IRS.

One can easily go around the IRS rule. Just write a 17K check to the tutor and say that it is a gift. That way the tutor will not have to pay tax on it. If all of her clients do that, it is completely legit with the IRS.

She needs to figure out how to lower her taxes, not have the client be an accomplish.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:CS kid from UMD got $170k+ about 4 years ago. My kid’s friend. Higher in today’s dollars

But they might age out of their job at 40. Fields for long term careers where people still do well in their 50s and 60s would be a lot better.

If they save 60-70% for even ten years, they’ll be doing fine and can choose to work or not later in life.

I'm doing this for my 9-year old. My three first jobs were nightmare I couldn't afford to leave as an illegal immigrant.
My kid will have eff you money as they start their career. They just don't know it.
Finance is the place to be.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).

My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.

How does she "launder her cash?" Does she pay for everything with money orders? I have two employees who were caught by the IRS in cash jobs. They deposited their cash in the bank and had no source for the revenue stream. They each paid about $6000 in penalties and interest on top of the back taxes.

Exactly. She had better be spending it all in cash & not putting anything into a bank or traceable investments. If someone rats her out (understandable), or she makes deposits that exceed the amount that triggers mandatory notification...