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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
For MIT grads, their stats in Computer Software are low $60,000 to high $160,000 with the bonus mean of $30,345.  Their tops didn't hit $400,000 - at least not in 2018.  Of course, this doesn't prevent $400,000, or a pie in the sky, in any other year.

https://capd.mit.edu/sites/default/files/about/files/OutcomeSurvey2018Final.pdf[/quote]

MIT CS salaries for Consulting jobs are in the $80K range, quite a departure from the $115 someone quoted earlier.  That was for Software Engineering & Gaming jobs which includes some FAANG and startups, but in reality this is a minority, like top 10% of MIT grads, rest are in the $80k to $100k range, just like other CS grads from state schools, may be they get $10K more, or like another poster said the state school candidate get $10k more if they have additional skill sets & certification.

Oh well, the DCUM bandwagon of misinformation rolls on   :roll:

[/quote]

You are spreading misinformation yourself. The survey is for all MIT graduates, not just EECS. We don't know how many EECS went into consulting. I see BCG and McKinsey are listed for EECS. But your run-of-the-mill system integrator consulting, like BAH is not listed.[/quote]

This thread is about CS, and the salary split is clearly for specific majors, within that sub-classifications. Get a grip, and learn to read. MIT grads who go into IT consulting make $82k on average. Oh wow BCH and McKinsey are what? BAH is run of the mill. Clearly, you got no clue on Tech or Consulting, you must be a DC lawyer or lobbyist. The most clueless lot.

[/quote]

But the report you quoted is not about CS but for all majors. So you were either lying or can't read when you wrote "MIT CS salaries for Consulting jobs are in the $80K range". The consulting employers for EECS didn't have any system integrator. They don't do "IT consulting". MIT EECS graduates go work for consulting companies like McKinsey and BCG. They pay higher than $82k. [/quote]

List of companies under consulting from Page 23:

Consulting Bachelors: Accenture, Accenture – Alittude, Accenture Strategy, Altman Vilandrie & Company, Analysis Group, Applied Predictive Technology, Bain & Company, BCG, Booz Allen Hamilton, Boston Consulting Group, The Brattle Group, Charles River Associates, Chartwell Consulting, CMA Strategy Consulting, DeepBench, Deloitte Consulting, InterSystems, LEK Consulting, McKinsey & Company, Novantas, Oliver Wyman, PA Defense Inc., QES LLC,

Accenture, Deloitte, BAH, three major system integrators with several billion under contracts, civilian and government, anyone who says these firms cannot provide a career to a fresh college grad, no matter where they are from, is showing a lack of understanding of the industry. BCG and McKinsey provide management and strategy consulting, while MIT engineering grads could find some niche there to support as SMEp, that's not the place an engineer want to be right out of college. Since they lumped consulting into one bucket, there is a high chance there are business majors here going into this line. The salaries for consulting are thus mixed up.

Anyhow, someone here reported BAH is paying $100K for fresh grads, and I do know that's true. So, yes, MIT CS grads could get $110K regardless of consulting or software, but so could CS grads from other schools, especially if they have certifications in areas like Cloud computing. Most fresh out of school CS grads, regardless of where they went cannot show the worth of $200K let alone $400K, but FAANG will hire them anyway for big bucks because they can afford to blow money, and since they like to keep these folks warming the bench, getting them trained in their methods internally. This, really is the reason why elite school names get paid more by FAANG and startups, they do have the money to blow up, and they would rather invest in these kids now in hope they will return well in a couple of years after they retrain them. Once they money run out in Tech, which does happen as it is a cyclical industry, then this will stop, and they will become more careful who they are hiring. Ask me how I know, this is common practice for companies with funding to hire talent to keep bench warm, then get them interested with internal projects.

Bottomline, just because FAANG hired them for higher salary doesn't mean they were far better than other CS grads, but sometimes it is easier to get hired from an elite school because the employer thinks they have the base, however, that will not prevent talented CS grads from other schools to get hired. They just have to work a little extra harder, how can they get noticed, have a Github account where you post your code, so that they can see what you are capable of building, be part of clubs, do networking, learn how to master leetcode test, master several algorithms like different types of sorts, sets, hashing, crypto, etc, have certs. Computing in the end is not all about elite schools, but how passionate you are about tech. Kids with motivation and passion will get where they need to no matter what school they go to. [/quote]

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