Anonymous
10/30/2024 16:12
Subject: 2024 grads- job placement
Anonymous wrote:Anonymous wrote:2024 jobs update:
After two different ivy parents' weekends, here is a summary:
95 and 98% of 2024 grads had a job when the surveys were done, both 2 months post graduation.
Average salaries were highest for Engineering majors(115k, 122k); both said no slow down in hiring in CS. Overall starting salary for all majors was $87k and $89k, not including signing bonuses which averaged 12k.
This is really surprising to me. My kid graduated from William and Mary last May (double major in CS and math), and has a good job making a little over 80K. Many of his CS friends are just now getting jobs (or are still looking), and are not making the kind of money your schools are reporting above. The entry-level CS market has been brutal for them. I realize that W&M is not an Ivy, but its a very good (and well respected) school. So I'm surprised at the differences we are seeing here.
William&Mary is excellent but it has never had average starting salaries like the ivies. Not DP but I can pull up data on starting salaries at my kid’s ivy and it has been over 100k average for all stem majors right out of college for the past 3 years I have tracked, and they also report that less than 5% are unemployed
Anonymous
10/30/2024 16:06
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
I’ve seen this play out so many times this year. With random weird majors like sociology and English and history those kids are getting the jobs (from good schools albeit).
It sort of depends on which investment bank you are talking about. This is not really that common in bulge bracket firms.
Its more school dependent than major.
This. Ivy parent. The ivies open doors for all majors into lucrative fields and top professional schools. It is what it is. Our first went to a very good state school and it was an entirely different group of careers that the kids tracked into, and zero possibility of some of the highest-paid careers available to basically every ivy grad. I never believed the hype until we had a kid go there
Anonymous
10/30/2024 15:34
Subject: 2024 grads- job placement
Anonymous wrote:Anonymous wrote:2024 jobs update:
After two different ivy parents' weekends, here is a summary:
95 and 98% of 2024 grads had a job when the surveys were done, both 2 months post graduation.
Average salaries were highest for Engineering majors(115k, 122k); both said no slow down in hiring in CS. Overall starting salary for all majors was $87k and $89k, not including signing bonuses which averaged 12k.
This is really surprising to me. My kid graduated from William and Mary last May (double major in CS and math), and has a good job making a little over 80K. Many of his CS friends are just now getting jobs (or are still looking), and are not making the kind of money your schools are reporting above. The entry-level CS market has been brutal for them. I realize that W&M is not an Ivy, but its a very good (and well respected) school. So I'm surprised at the differences we are seeing here.
If the kids are working in Richmond, south or west, it could be due to salary differential. A lot of Ivy kids go to NYC.
Anonymous
10/30/2024 15:22
Subject: 2024 grads- job placement
Anonymous wrote:2024 jobs update:
After two different ivy parents' weekends, here is a summary:
95 and 98% of 2024 grads had a job when the surveys were done, both 2 months post graduation.
Average salaries were highest for Engineering majors(115k, 122k); both said no slow down in hiring in CS. Overall starting salary for all majors was $87k and $89k, not including signing bonuses which averaged 12k.
This is really surprising to me. My kid graduated from William and Mary last May (double major in CS and math), and has a good job making a little over 80K. Many of his CS friends are just now getting jobs (or are still looking), and are not making the kind of money your schools are reporting above. The entry-level CS market has been brutal for them. I realize that W&M is not an Ivy, but its a very good (and well respected) school. So I'm surprised at the differences we are seeing here.
Anonymous
10/30/2024 14:39
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
How does art history lead to investment banking? This is not a snark comment. I'm genuinely curious as that would not be my expectation (though I know little about either as a career and college major).
Art history + elite college = investment banking. Tale as old as time
Anonymous
10/30/2024 14:34
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
How does art history lead to investment banking? This is not a snark comment. I'm genuinely curious as that would not be my expectation (though I know little about either as a career and college major).
Smart is smart and certain investment banks just want smart and fit and don’t care major— why will also see a lot of crew team members go to IBs because companies know they can handle workload and long hours.
Anonymous
10/30/2024 14:32
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
Sorry for DS2 but go art history major!!!!!!!
Better stated, go internship - that is the difference here. Connections by alumni or by internships.
Anonymous
10/30/2024 14:30
Subject: Re:2024 grads- job placement
Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
Sorry for DS2 but go art history major!!!!!!!
Anonymous
10/30/2024 14:27
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
I’ve seen this play out so many times this year. With random weird majors like sociology and English and history those kids are getting the jobs (from good schools albeit).
It sort of depends on which investment bank you are talking about. This is not really that common in bulge bracket firms.
Its more school dependent than major.
I can't imagine there are a lot of swarthmore art history majors at bulge bracket firms. Can you think of a bulge bracket firm that would have more than maybe one kid like that?
Anonymous
10/30/2024 13:34
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
I’ve seen this play out so many times this year. With random weird majors like sociology and English and history those kids are getting the jobs (from good schools albeit).
It sort of depends on which investment bank you are talking about. This is not really that common in bulge bracket firms.
Its more school dependent than major.
Anonymous
10/30/2024 13:33
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
How does art history lead to investment banking? This is not a snark comment. I'm genuinely curious as that would not be my expectation (though I know little about either as a career and college major).
Search for an old post on here about anthropology at Dartmouth as a very popular “gateway” major to investment banking and Wall Street.
Yet. Lots of Dartmouth anthro majors making bank.
This is some strange urban myth…I guarantee you there are more Dartmouth Econ, Math and other quantitative majors making bank over anthro majors.
Two things can be true?
What two things? You really believe any one humanities major at Dartmouth has a pipeline to Wall Street over another?
Do you know anyone at Dartmouth?
Anthro is known as one of the most popular (and easier) majors and a GREAT major for banking jobs. Now most of the connections for the job come from (1) Frats/Srats or (2) parents, but still.
Spend some time on r/Dartmouth.
Its clear so many people are not actually working in the industry or even with kids at Ivies to know how the recruiting process works.
Anonymous
10/30/2024 12:39
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
I’ve seen this play out so many times this year. With random weird majors like sociology and English and history those kids are getting the jobs (from good schools albeit).
It sort of depends on which investment bank you are talking about. This is not really that common in bulge bracket firms.
Anonymous
10/30/2024 11:24
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:DS at Uchicago, Physics and CS major, 3.9, Phi beta kappa, department awards, going into Satellite engineering at Raytheon! We're so proud of him!
Isn’t phi beta kappa for the non science majors?
No. I was phi beta kappa as a chem major premed 25 yrs ago. It is topv%age of the graduating class based on GPA, usually, though there are some nuances to how universities can select each cohort.
The "nuances" mean PBK is NOT selected just by GPA. PBK is only awarded to students who have taken a certain number of classes across humanities, social science, foreign language (the exact criteria varies by school). So you'll find some non-PBK students with higher GPAs than PBK students simply because they didn't take the PBK-eligible assortment of courses to qualify for consideration.
+100. I serve on a chapter committee and we do selection every year.
Anonymous
10/30/2024 10:45
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock
How does art history lead to investment banking? This is not a snark comment. I'm genuinely curious as that would not be my expectation (though I know little about either as a career and college major).
Search for an old post on here about anthropology at Dartmouth as a very popular “gateway” major to investment banking and Wall Street.
Yet. Lots of Dartmouth anthro majors making bank.
This is some strange urban myth…I guarantee you there are more Dartmouth Econ, Math and other quantitative majors making bank over anthro majors.
Two things can be true?
What two things? You really believe any one humanities major at Dartmouth has a pipeline to Wall Street over another?
What?
Part 1:Yet. Lots of Dartmouth anthro majors making bank
Part 2:This is some strange urban myth…I guarantee you there are more Dartmouth Econ, Math and other quantitative majors making bank over anthro majors.
Neither Parts are mutually exclusive and both can be true, because there's also....lots of Dartmouth alum.
Anthro majors are working at Wayfair
Anonymous
10/30/2024 10:44
Subject: Re:2024 grads- job placement
Anonymous wrote:Anonymous wrote:Anonymous wrote:DS at Uchicago, Physics and CS major, 3.9, Phi beta kappa, department awards, going into Satellite engineering at Raytheon! We're so proud of him!
Isn’t phi beta kappa for the non science majors?
No. I was phi beta kappa as a chem major premed 25 yrs ago. It is topv%age of the graduating class based on GPA, usually, though there are some nuances to how universities can select each cohort.
The "nuances" mean PBK is NOT selected just by GPA. PBK is only awarded to students who have taken a certain number of classes across humanities, social science, foreign language (the exact criteria varies by school). So you'll find some non-PBK students with higher GPAs than PBK students simply because they didn't take the PBK-eligible assortment of courses to qualify for consideration.