UVA Econ vs. UMD/VT Biz/Finance

[Anonymous]

Anonymous wrote:

Anonymous wrote:All options are solid.
Looking at post graduation outcomes:
- UVA Econ Class of 2022: $76,840 average salary and if bonus $9,503
- UMD Smith Class of 2022: $69,103 mean salary
- VT Pamplin Class of 2021: 60,500 median salary.
60% of UVA Econ grads land in Fin and Consulting.
Not exactly apples to apples, but UVA Econ, even without McIntire, doing pretty well out there.

I don't think these are from the same data sets.

+1
PPP, post your source please.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:All options are solid.
Looking at post graduation outcomes:
- UVA Econ Class of 2022: $76,840 average salary and if bonus $9,503
- UMD Smith Class of 2022: $69,103 mean salary
- VT Pamplin Class of 2021: 60,500 median salary.
60% of UVA Econ grads land in Fin and Consulting.
Not exactly apples to apples, but UVA Econ, even without McIntire, doing pretty well out there.

I don't think these are from the same data sets.

These are reported by respective schools. Starting salary.

VT Pamplin is now $65,000 median starting salary (finance). It's $74,000 for BIT. Your data is not up to date.
https://pamplin.vt.edu/content/dam/pamplin_vt_edu/ug-images/Pamplin%20Post-Grad%20Report.pdf

[Anonymous]

Anonymous wrote:for a VA student interested in a career in Finance/Consulting.
Which one and why?

UVA was named top undergrad public program in finance last year by the Wall Street Journal

[Anonymous]

Anonymous wrote:

Anonymous wrote:for a VA student interested in a career in Finance/Consulting.
Which one and why?

UVA was named top undergrad public program in finance last year by the Wall Street Journal

It wasn't a finance ranking. It had salary information for graduates working in finance.

[Anonymous]

Anonymous wrote:for a VA student interested in a career in Finance/Consulting.
Which one and why?

Did student get into all three? UVA and UMD both have more impressive student profiles than VT.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why these schools anyway? If you are in-state in Virginia, UVA and Virginia Tech are going to be more affordable, which contributes to ROI. There are also other options in Virginia. If in-state in Maryland, UMD will be more affordable, which should be factored.

Yes, why just these schools?

A post meant to equate Tech with two better business schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So.. Utah > UNC? or IU? Not sure how accurate that list is. Is it based on surveys?

No. It was based on analysis of Glass Door and Lightcast by Burning Glass Institute, a nonprofit that researches employment trends. Glass Door and Lightcast have data on jobs in finance, their salary, and the person who filled the position.

Glass Door is based on surveys. I don't know about the other.

They have job listings and know the background of the person that fills the listing.

ok, but it's still a survey. So, if people from x university don't fill out the survey, then you won't see them on the list.

No survey. They have information on job opportunities with salary information and know the college of the candidate that fill it.

Payscale is self-reported, but that isn't what is used here.

Glass Door is based on user input and may have out dated info.

https://www.investopedia.com/ask/answers/060116/how-reliable-are-glassdoor-salaries.asp

Glassdoor salary information is self-reported and not verified, therefore some salaries are likely not correct.
The better sources are the U.S. Bureau of Labor Statistics and Payscale.com.
Salary details on Glassdoor are more likely to be accurate for larger companies with many reviews versus smaller companies.

There’s also no way to confirm which data is current and whether a company has increased or decreased a salary for a position since the time the user made the entry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So.. Utah > UNC? or IU? Not sure how accurate that list is. Is it based on surveys?

No. It was based on analysis of Glass Door and Lightcast by Burning Glass Institute, a nonprofit that researches employment trends. Glass Door and Lightcast have data on jobs in finance, their salary, and the person who filled the position.

Glass Door is based on surveys. I don't know about the other.

They have job listings and know the background of the person that fills the listing.

ok, but it's still a survey. So, if people from x university don't fill out the survey, then you won't see them on the list.

No survey. They have information on job opportunities with salary information and know the college of the candidate that fill it.

Payscale is self-reported, but that isn't what is used here.

Per UT, that research used pay data from Glassdoor, which is based on a survey:

https://eccles.utah.edu/news/university-of-utah-a-top-college-for-high-paying-jobs-in-finance-reports-wall-street-journal/

The study was prepared by the Burning Glass Institute, a non-profit focused on employment trends, by reviewing pay data from Lightcast and Glassdoor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why these schools anyway? If you are in-state in Virginia, UVA and Virginia Tech are going to be more affordable, which contributes to ROI. There are also other options in Virginia. If in-state in Maryland, UMD will be more affordable, which should be factored.

Yes, why just these schools?

A post meant to equate Tech with two better business schools.

Not at all, DS leaning towards UVA Econ and 50/50 shot at McIntire vs the other two. He got accepted to all three and is trying to figure out if direct admit to biz would be a smarter move.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why these schools anyway? If you are in-state in Virginia, UVA and Virginia Tech are going to be more affordable, which contributes to ROI. There are also other options in Virginia. If in-state in Maryland, UMD will be more affordable, which should be factored.

Yes, why just these schools?

A post meant to equate Tech with two better business schools.

Not at all, DS leaning towards UVA Econ and 50/50 shot at McIntire vs the other two. He got accepted to all three and is trying to figure out if direct admit to biz would be a smarter move.

It really is worth it I think if he liked the school. With the new McIntire application process happening first year instead of second, it will be much easier to change course if needed and/or even transfer if they want to.

UVA Econ degree is well respected. I know several kids who did not get into McIntire doing that with the entrepreneurship minor. It will only get better with this new change and the new minor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why these schools anyway? If you are in-state in Virginia, UVA and Virginia Tech are going to be more affordable, which contributes to ROI. There are also other options in Virginia. If in-state in Maryland, UMD will be more affordable, which should be factored.

Yes, why just these schools?

A post meant to equate Tech with two better business schools.

Not at all, DS leaning towards UVA Econ and 50/50 shot at McIntire vs the other two. He got accepted to all three and is trying to figure out if direct admit to biz would be a smarter move.

It really is worth it I think if he liked the school. With the new McIntire application process happening first year instead of second, it will be much easier to change course if needed and/or even transfer if they want to.

UVA Econ degree is well respected. I know several kids who did not get into McIntire doing that with the entrepreneurship minor. It will only get better with this new change and the new minor.

Great input, thanks.
He loves the campus. I agree that the new McIintire minors look interesting and UVA Econ outcomes are not that much different than McIntire if students are proactive in search for opportunities.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:for a VA student interested in a career in Finance/Consulting.
Which one and why?

UVA was named top undergrad public program in finance last year by the Wall Street Journal

It wasn't a finance ranking. It had salary information for graduates working in finance.

Yes, UVA grads were top in finance salaries.

[Anonymous]

UVA Econ. I suspect OP is asking because there isn't direct admit to McIntire, so looking for fallback. I believe, and you'll want to fact check this if you can, that students of any major can submit a resume to interview on-campus with finance employers. You'll need to have good grades and applicable experience, and maybe some other relevant classes if you can, to score interviews with top finance employers. But they are at least coming, as opposed to MD/VT, where they are not coming.

[Anonymous]

OP, someone asked the exact same question last year. Interesting responses.

https://www.wallstreetoasis.com/forum/school/umd-vs-uva

[Anonymous]

Anonymous wrote:OP, someone asked the exact same question last year. Interesting responses.

https://www.wallstreetoasis.com/forum/school/umd-vs-uva

excellent find, thanks!