How come Wharton....

College Majors Business Major
1

<p>has a low average starting salary for its undergraduate students?</p>

<p><a href="http://www.wharton.upenn.edu/undergrad/faq.html#Q29%5B/url%5D"&gt;http://www.wharton.upenn.edu/undergrad/faq.html#Q29&lt;/a>
Scroll to the bottom of the page, it says the average salary is only $50000, which is not much higher than the average business student. Don't get me wrong 50k a year is good for a recent college grads but with all the people that enter Ibanking/consulting from that school I thought that number would be higher.</p>

2

<p>Bonus attributes for additional compensation. In banking (as with other finance positions) bonuses are large and later become much more sizable than base salary.</p>

3

<p>Also, not all wharton alumni enter the financial industry. Many pursue careers in teaching, government, NGO's, etc. , which have smaller paychecks</p>

4

<p>oh yea forgot about bonuses.</p>