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#1
06-20-2007, 08:01 PM
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Re: Avg. Salary of Wharton Grad debate
[ QUOTE ]
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 [/ QUOTE ] No there's not. 
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#2
06-19-2007, 12:54 PM
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Re: Avg. Salary of Wharton Grad debate
No, Wharton is an undergraduate school as well, the top undergrad business school in the country. It also is a top MBA program and does PHDs. Undeergrads take 90% of the EXACT same classes as the MBAs and their test scores are higher because MBA is pass/fail.
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#3
06-19-2007, 12:52 PM
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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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#4
06-19-2007, 01:06 PM
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Re: Avg. Salary of Wharton Grad debate
[ QUOTE ]
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. [/ QUOTE ] None of this is relevant. The person in the OP is a Consultant, not an Investment Banker.
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#5
06-19-2007, 01:41 PM
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Re: Avg. Salary of Wharton Grad debate
People working for Bain, Mckinsey, and similar consulting firms after just graduating Wharton udnergrad will make $65K-$70K plus around a $10K bonus as well, but his.her pay scale will not be as steep as an i-bankers.
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#6
06-19-2007, 05:38 PM
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Re: Avg. Salary of Wharton Grad debate
according to the info below from businessweek:
Historic Salary Prospects for 2005 Grads (school reported) Average base salary $ 57,784.00 Median base salary $ 60,000.00 Average signing bonus $ 9,446.00 Median signing bonus $ 10,000.00 link: http://www.businessweek.com/bschools...s/wharton3.htm
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#7
06-22-2007, 11:38 AM
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Re: Avg. Salary of Wharton Grad debate
[ QUOTE ]
[ QUOTE ] 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. [/ QUOTE ] None of this is relevant. The person in the OP is a Consultant, not an Investment Banker. [/ QUOTE ] As an IBM GBS employee I would be shocked if she's making 100k out of undergrad. I'd guess somewhere in the 60-70 range, although upper 50s wouldn't shock me. This doesn't count signing bonus.
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#8
06-22-2007, 02:07 PM
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Re: Avg. Salary of Wharton Grad debate
It matters where shes living. 150k in Manhattan isn't 150k in Arkansas. My buddy working for Goldman as an analyst was in line to make a 100k bonus when his salary is only around 60k base. But 160k in NYC is at best half of that elsewhere. It's more like 60k-70k in other cities.
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#9
06-22-2007, 02:20 PM
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Re: Avg. Salary of Wharton Grad debate
[ QUOTE ]
It matters where shes living. 150k in Manhattan isn't 150k in Arkansas. My buddy working for Goldman as an analyst was in line to make a 100k bonus when his salary is only around 60k base. But 160k in NYC is at best half of that elsewhere. It's more like 60k-70k in other cities. [/ QUOTE ] Yep, I bet an entry level consultant for IBM in Little Rock Arkansas would make in the 50s, at most.
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