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Avg. Salary of Wharton Grad debate
Having a debate with a couple friends about how much our friend is making.
She was valedictorian of our high school class and went to UPENN Wharton to major in Finance. She graduated in 3 years and now works as a consultant for IBM Global Business Services. I said shes pulling in more than 100K in her first year with a bonus included... they say about 80K first year. What do you guys think? |
#2
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Re: Avg. Salary of Wharton Grad debate
[ QUOTE ]
Having a debate with a couple friends about how much our friend is making. She was valedictorian of our high school class and went to UPENN Wharton to major in Finance. She graduated in 3 years and now works as a consultant for IBM Global Business Services. I said shes pulling in more than 100K in her first year with a bonus included... they say about 80K first year. What do you guys think? [/ QUOTE ] 70K Edit: wait where is she working? |
#3
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Re: Avg. Salary of Wharton Grad debate
in New York City for IBM Global Business Services
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#4
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Re: Avg. Salary of Wharton Grad debate
I'd say in the 85-90 K range max. Probably not over 100 K.
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#5
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Re: Avg. Salary of Wharton Grad debate
75k + bonuses
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#6
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Re: Avg. Salary of Wharton Grad debate
I doubt many undergrads from ANYWHERE pull in 100k+ their first year out
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#7
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Re: Avg. Salary of Wharton Grad debate
When most people say "Wharton Grad" they mean a graduate student. Your friend is a Penn grad.
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#8
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Re: Avg. Salary of Wharton Grad debate
According to Wharton career statistics, the "max" range for consulting in 2004 was 56k. How much do you honestly think it's gone up since then? I say mid 60s base with 75 total package.
Consulting right out of undergrad is not typically a huge paying gig. |
#9
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Re: Avg. Salary of Wharton Grad debate
There are a handful of Wharton ugrads who make in the 200-400k range their first year with bonuses as analysts at bulge bracket banks, but those jobs are nearly impossible to get.
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#10
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Re: Avg. Salary of Wharton Grad debate
I graduated from Wharton undergrad in 2003. Went to law school. Avergae starting salary for a top 1/3rd of class grad with an i-banking job is $65K plus bonus which is usually around $10K.
My friend into private equity is currently pulling in $450K. |
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