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[quote=Anonymous][quote=Anonymous][quote=Anonymous]UC Berkeley and Santa Clara are very impressive. They aren't consulting/IB feeders like the ivies and they have "lower" academic standards for admits, but they still have very good average salaries.[/quote]

Yes, but most of their graduates live in California, which has high salaries and high cost of living. So, while these schools show a high salary, it doesn’t mean much, per se. [/quote]

It’s mainly due to the types of jobs they get in CA, not the salary differential.

If you want to work in AI, you need to work in CA, and those jobs pay a ton.

Someone who works for McKinsey gets paid the same in SF as Chicago or Dallas.  If you work for a hedge fund in Houston or Chicago, you make the same as someone in NYC (in fact a Chicago hedge fund has the highest pay for new grads).

It’s just that there are 100x more hedge fund and finance jobs in NYC vs Chicago.

So, you can’t claim that an Iowa grad working as a business analyst for Pella is being paid less than someone working in PE in NYC because of the cost of living…it’s because the jobs are different and the PE job was never a real possibility for the Iowa grad.[/quote]

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