<p>just like the title says~~~ app. how much does NYU econ major earn after graduation? working at like a banking firm. </p>
<p>thanks~</p>
<p>Depends on the banking firm. For investment banking (large NYC firm) the going rate is something like $60k base, $15k signing and 100-130% bonus. Commercial banking will be MUCH less obviously....think $45k at most plus a small bonus.</p>
<p>But it really depends.</p>
<p>econ CAS majors have a harder time getting a top finance job than Stern students, but not considerably harder (You'll have a higher GPA probably, I'm not sure if recruiters take average CAS GPA being higher than average Stern GPA student into account[we have a tough curve in just about every class,whereas the only time you'll have tough curve is in major classes]). Also keep in mind that its one of the most competitive departments, second only to probably Biology. </p>
<p>futurenyustudent is about right for ibanking, although he may have overshot it a little, if you get a top bank you'll make that much; but if you get a normal ibank expect to barely clear 100k after all bonuses. </p>
<p>Also keep in mind, ibanking is LITERALLY 90 HOURS A WEEK,EVERY WEEK. The only time you'll have free for years is probably Sunday Nights. Take this into account before you decide to do a path to go into banking. I'd much rather get into P&E or Hedge Funds, but thats difficult right out of undergrad.</p>
<p>do econ majors at CAS have a hard time getting a job after graduation?</p>
<p>what are the most popular jobs that CAS econ majors get after gradduation?</p>
<p>
[quote]
100-130% bonus
[/quote]
</p>
<p>50-100% would be more reasonable.</p>
<p>Err, from my experiences and extrapolating from friends' job offers for after graduation: working at an investment bank is more like $60k base (give or take $2k), and maybe maybe $10k signing bonus (but keep in mind that signing bonuses are totally discretionary - if you graduate in the midst of the recession, fat chance of getting a signing bonus). </p>
<p>Year end bonuses are tricky. Obviously, if there's a recession or your firm does poorly or YOU do poorly, you're not going to get much of a bonus. If you work in certain departments, you won't get as much of a bonus. </p>
<p>And commercial banking is probably not THAT low, not if you're working in NYC, anyway, and are working for largeish banks like BoFA. I don't know where you're getting that $45k number...</p>
<p>Anyway. If you can get a job at an ibank, you won't be poor.</p>