<p>^Actually, that’s not entirely true…there was at least one person in each of 4 different engineering majors (with one of those 4 categories including Wharton/SEAS dual degrees) at Penn that started out at 100,000 last year. Scroll down to page 4 of this pdf <a href=“http://www.vpul.upenn.edu/careerservices/seas/Survey2008.pdf[/url]”>http://www.vpul.upenn.edu/careerservices/seas/Survey2008.pdf</a>. Those guys who landed the 100k jobs were in finance, with the exception of one or possibly more who went into software design. I do however agree that the OP is being highly unrealistic.</p>
<p>If you want 100k+ job just become a CEO in the US so you can get billions of tax payer money.</p>
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<p>You’re forgetting about the massive bonuses that i-bankers will make. It becomes over $100k at that point (but sadly, you still have to pay taxes).</p>
<p>I’m not worried, but am disappointed it won’t happen…i’m majoring in engineering…</p>
<p>My parents expect 80k+ and that most likely won’t happen lol…</p>
<p>My cousin is a pharmacists and made 100k+ right out…kinda sucks cause he only spent 2 more years in school than engineer…</p>
<p>As some have mentioned, making over 100k+ right after graduation is tough, but not impossible.</p>
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<p>Not every CEO makes hundreds of millions of dollars…</p>
<p>I said hundreds of thousands, not millions. And any of the CEO’s getting BILLIONS (hundreds of millions) of dollars from people making < 50,000 (tens of thousands).</p>
<p>God bless Amerikuh</p>
<p>The implication was a lot more. How else would one get so much tax payer money?</p>
<p>It’s possible, but most people get 75k if they’re really lucky. 100k is almost unheard of.</p>
<p>The reason why I expected that was because my friend’s friend went into I-Banking after graduation and earns over $100K after bonuses and commissions. But, apparently he works from 9-2AM…</p>
<p>Iowa? Eww. I’m not willing to sacrifice my quality of life. Sorry, there’s no way I’m living next to a corn field and commuting 40 minutes in a gas guzzler from a McMansion to a boring office job. I’ll first move back to California.</p>
<p>Anyways, my expected starting salary after finishing undergrad is -$58,000 per year. I’m going to law school.</p>
<p>People in Iowa don’t even want to live in Iowa.</p>
<p>I am not worried, as I know that I won’t find a job like that.
I have a cousin, who graduated PHI BETA KAPPA from Yale and works at a very elite company (in the top five of the best companies to work at according to Fortune magazine) His salary is 60k. He is going to Harvard this fall for his MBA, so he’ll probably earn a LOT more after he completes his graduate degree.</p>
<p>undergrad b-school salaries are typically 45k-50k…</p>
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<p>Your friend’s friend was probably well connected, and definitely very lucky. I’m watching a lot of friends graduate from business school right now (some from elite/top b-schools). Some of them are making decent/good (by which I mean 60-80k) money, most of them aren’t. But they’re just happy to have JOBS at this point. The unlucky ones are back under mom & dad’s roof.</p>
<p>Graduating = paying rent, paying taxes, paying bills, paying for groceries, paying for health insurance, paying for the booze that will ease the pain of your life in an entry level position that pays 40k a year! Haha, and most definitely not buying a 750k house.</p>
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<p>Pretty sure that’s not right</p>
<p>I know a guy who’s been several years out of college and reportedly makes less than $40,000/year. He claims that he did well academically but given his current situation that’s open to debate. He did go to a decent school, though.</p>
<p>So, be happy if you start earning $60,000/year out of college. That’s a realistic starting salary provided that you are good at what you do and have a strong resume. If you want to make $100,000/year out of college you need to study the right subject and be a genius from an elite school.</p>
<p>I’m not too concerned lucky for me NYC has endless job oppurtunities. They may not all pay 100K at th start but I’ll take it.</p>
<p>My cousin worked for an ibank in manhattan out of NYU, and earned 80K before bonuses when the market was good, and there were jobs everywhere. But in today’s market it is going to be much more difficult. He had a 3.9 GPA and finished NYU in three years though lol.</p>
<p>Yea, when times were good, top banking analysts could make 150k. Now, the best get about 80k (but the discrepancy between the high and low performers is lower now). Btw, this is with bonuses.</p>