The rewards of going to college have always been a topic of discussion. Under similar conditions, the impact of attending a university with popular and high-paying majors on future income is a question that parents and university applicants need to consider.
Salaries are high in finance, technology and management consulting fields. The annual salary of college graduates studying these majors is generally higher than that of most other majors. The school they attend is also critical.
The Wall Street Journal reported on March 29 that Burning Glass data showed that in the 10 years after graduation, alumni who graduated from the MIT finance major and entered the financial industry earned an average annual salary of $175,000, which is higher than the average annual salary of college graduates in this field. $73,608 more.
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Burning Glass data also shows that the average salary of finance graduates in the first 10 years of their careers is just over $100,000.
Of course, universities that earn more in similar fields after graduation are not limited to the Ivy League and top universities in the United States. Graduates from some public universities can also earn high salaries in the industry.
Matt Sigelman, president of Burning Glass, said the universities with the highest salaries for graduates in similar majors provide graduates with a range of resources to enrich their careers. Among them: Graduates of Ivy League schools and top public schools can tap into vast alumni networks. Liberal arts alumni learn soft skills that can help them move up the corporate ladder. Service academies graduates acquire potentially lucrative traits such as perseverance and hard work. Recruiters are flocking to colleges around Silicon Valley and Wall Street.
Top 10 Private Universities for High-Paying Jobs in Finance
1.Massachusetts Institute of Technology
Average annual salary for finance graduates: 175,439 (USD, the same below)
Proportion of finance graduates: 3.8%
Amount higher than industry average: 73,608
2. Harvard University
Average annual salary for finance graduates: 165,966
Proportion of finance graduates: 8.2%
Amount higher than industry average: 64,135
3.Princeton University
Average annual salary for finance graduates: 163,355
Proportion of finance graduates: 8.3%
Amount higher than industry average: 61,524
4. University of Pennsylvania
Average annual salary for finance graduates: 162,609
Proportion of finance graduates: 11.1%
Amount higher than industry average: 60,778
5. Dartmouth College
Average annual salary for finance graduates: 161,700
Proportion of finance graduates: 8.1%
Amount higher than industry average: 59,869
6. Claremont McKenna College
Average annual salary for finance graduates: 161,344
Proportion of finance graduates: 6.0%
Amount higher than industry average: 59,513
7.Yale University
Average annual salary for finance graduates: 157,090
Proportion of finance graduates: 7.7%
Amount higher than industry average: 55,259
8. Columbia University
Average annual salary for finance graduates: 155,161
Proportion of finance graduates: 8.2%
Amount higher than industry average: 53,330
9. Stanford University
Average annual salary for finance graduates: 153,637
Proportion of finance graduates: 4.1%
Amount higher than industry average: 51,806
10.Duke University
Average annual salary for finance graduates: 153,503
Proportion of finance graduates: 6.8%
Amount higher than industry average: 51,672
Top 10 public universities for high-paying jobs in finance
1. University of Michigan, Ann Arbor
Average annual salary for finance graduates: 140,022
Proportion of finance graduates: 3.8%
Amount higher than industry average: 38,191
2. University of California, Berkeley
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Average annual salary for finance graduates: 137,474
Proportion of finance graduates: 2.9%
Amount higher than industry average: 35,643
3. University of Virginia-Main Campus
Average annual salary for finance graduates: 136,816
Proportion of finance graduates: 5.0%
Amount higher than industry average: 34,985
4. US Military Academy
Average annual salary for finance graduates: 134,843
Proportion of finance graduates: 2.4%
Amount higher than industry average: 33,012
5. College of William & Mary
Average annual salary for finance graduates: 128,616
Proportion of finance graduates: 3.6%
Amount higher than industry average: 26,785
6. US Naval Academy
Average annual salary for finance graduates: 127,856
Proportion of finance graduates: 2.1%
Amount higher than industry average: 26,025
7. Binghamton University
Average annual salary for finance graduates: 127,247
Proportion of finance graduates: 4.2%
Amount higher than industry average: 25,416
8. University of California, Los Angeles
Average annual salary for finance graduates: 125,282
Proportion of finance graduates: 2.2%
Amount higher than industry average: 23,451
9. Georgia Institute of Technology-Main Campus
Average annual salary for finance graduates: 123,127
Proportion of finance graduates: 1.6%
Amount higher than industry average: 21,296
10. CUNY Baruch College
Average annual salary for finance graduates: 122,466
Proportion of finance graduates: 10.9%
Amount higher than industry average: 20,635
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