<p>Hey everyone! Just found about Northeastern because of the full tuition it offers to NMFs. Cool stuff.</p>
<p>I'm just wondering, are there any employment statistics out there, particularly for business students? I'm wondering what kind of finance jobs students get from Northeastern.</p>
<p>Also, how are the following three subject areas here: Finance, Mathematics, Computer Science. (Also, other relevant subjects, i.e Economics and Accounting)</p>
<p>Thanks so much!</p>
<p>I don’t know all the resources available on employment statistics, but one thing you can look at are the graduating senior employment surveys that NEU’s Office of Institutional Research conducts each yr; these can be found on their website under Planning and Research in the A-Z site index. Here is a link to the 2009 survey which is the last one posted. It includes lists of employers and job titles for responding students who had been hired as of the time of the survey so this might give you a general idea of the kinds of jobs they are finding.</p>
<p><a href=“http://www.northeastern.edu/test/oir/pdfs/09GradSrEmpl.pdf[/url]”>http://www.northeastern.edu/test/oir/pdfs/09GradSrEmpl.pdf</a></p>
<p>Ugh… this answered my question:
The actual maximum salary out of college was only 80k… and that was the absolute max.</p>
<p>Thanks for the info!</p>
<p>wow, interesting pdf. I would have thought the employment rate would be higher (most of my graduated friends who wanted full-time jobs found them without much trouble) and surprised by how high some of those salaries are.</p>
<p>Who is this science major making 100k/year, and where can I sign up?!?</p>
<p>
Rough life!</p>
<p>I mean, it’s a MAX. 80 seems too low a cap for the industry… It means literally nobody made Ibanking, P/E, or Front Office anything. Which… is not good :/</p>
<p>Notice the “N=8”. Only 8 finance majors actually bothered to fill out the survey. I am pretty certain that there are considerably more than eight finance majors graduating annually from NEU. There is at least some chance that somebody got a higher salary than 80k and just never bothered to fill out the survey form.</p>
<p>It’s not worth it to take the chance, when even my state university offers higher prospects.</p>
<p>my (limited) understanding of finance/IBanking salaries is that they often include base salaries and quite substantial bonuses (up to 50% of base?) and that when you combine these, beginning salaries can often be 6 digits but generally not the base salary alone, so $80,000 may even be on the high end for a starting base salary</p>
<p>The employment rate is low for all college grads these days. </p>
<p>The value of NEU is co-op. It can really help you hone in on areas of interest. It can also set the stage for post-graduation jobs at the co-op companies as well as all companies that value job experience.</p>
<p>I don’t know much about other departments, but the Engineering presentations this summer quoted 100% placement rates for their co-op students (for co-op jobs… that’s not a graduation percentage). That is pretty impressive considering the economy. Because some of the big companies cut back on co-op hiring, NEU had to forge relationships with more small companies too.</p>
<p>NEU ranks very well for career services (#1 Princeton Review). I’m sure some majors fare better than others.
<a href=“http://www.princetonreview.com/NortheasternUniversity[/url]”>http://www.princetonreview.com/NortheasternUniversity</a>.</p>
<p>OP - You said, "I mean, it’s a MAX. 80 seems too low a cap for the industry… It means literally nobody made Ibanking, P/E, or Front Office anything. Which… is not good :/…It’s not worth it to take the chance, when even my state university offers higher prospects ". - Do your research to make sure State U stats are recent. The job market is tough these days (hopefully better though when our kids and you graduate). 80K would be surprising, but a good sign (check averages too). Wherever you go, keep up your GPA. Stellar stats should help you get good co-op positions (or summer jobs) if you interview well. Good luck.</p>
<p>So I guess these stats are pre-bonus…! That changes things quite a bit.
Obviously it’s not crazy like something like Wharton but it is very reasonable.</p>
<p>I’m looking into it as a viable opition. :></p>
<p>Yes, these are pre-bonus. </p>
<p>I know business majors who landed IBanking jobs, or other very competitive positions, these stats are just a glimpse of what people are up to.</p>
<p>There are plenty of reasons to rule out NEU (mostly personal priorities, not major issues with the school itself) but lack of opportunity in getting jobs is absolutely not one of them. As a graduating senior, most people I know are in very, very good positions for post-graduation jobs.</p>
<p>
Oh? Could you list some of them?</p>
<p>Erg… I looked into the pdf again and checked out specific jobs. Dissapointing not to see the big firms… like only one GS position… :/</p>
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</p>
<p>I only mean personal taste kind of things. NEU is a fairly big school (around 15,000 people), someone looking for a small school is not going to want that. It’s in the middle of the city, some people want a more suburban/small town feel. It doesn’t have a football team, some people want tail gates and wild school spirit. It’s expensive as a school and tuition is expensive, it’s not a financial option for everyone.</p>
<p>The point was that I think ruling out NEU because of this pdf is ridiculous. Some people aren’t into NEU as a school and I don’t really care, no sweat off my back. I don’t really need to convince anyone to go here. I just think that reading this pdf to decide whether we get good jobs is not the way to go. I personally know someone who worked for Goldman Sachs on co-op (he chose not to go back after graduation), I personally know others who have worked in top firms or have landed very competitive positions.</p>
<p>You may, as a high schooler, believe that college grads will take the big name over everything else, but that’s just not the way it works. You choose location, you choose lifestyle, you choose what will open new doors–for a lot of people, the first job after graduation is NOT the be-all end-all, it’s a stepping stone. </p>
<p>Also, many students choose to take a year to relax after college, maybe work a little, go to grad school. I’d say that less than half of the people I know took a job saying “This is my dream career, I want to stay at this place forever”. Most took jobs that they could do for a year or two while they decide what they want to do more permanently (would an MBA be worth it to me? Do I want to live in a big expensive city long term? Do I want to move closer to my family? Do I want to coordinate plans with boy/girlfriend?), or jobs that will make them more competitive for top positions.</p>
<p>I mean hey, I’ll brag. I work at fancy top-name lab in a top-name medical school right now (this med school takes a lot of NEU co-opers). I could get nearly any job I wanted, and it’s not because I’m brilliant or a superstar, it’s because NEU has baller connections and it means I have a fancy brand name employer on my resume. But, I plan on applying to one real job for after graduation. If I don’t get it or decide not to take the offer, I’m taking a year off, traveling, working as a bartender, and then applying to graduate school. So should I decide on plan B, my graduation survey will be a big fat “No full-time job”. Does this mean I was screwed out of options? Not at all. I’m also not unique in this plan–it’s a pretty popular one.</p>
<p>Phew. /rant.</p>
<p>Anyway. Long story short: you’re putting too much weight into this survey.</p>
<p>Emily2007 makes good points. I will add another reason for ruling out NEU, perhaps even too obvious to even state… Student who don’t like the idea of doing “experiential learning” (co-op, etc) should rule out NEU. If still undecided about it, go ahead and apply. Then you can do more research and think on it between now and April. </p>
<p>Students who like the idea of co-op may like it best at NEU. Many other colleges have internships and/pr semester-in-industry programs. But often you have to leave campus, disrupt roommate arrangments etc.</p>
<p>ok Euroazn, you have go to relax about the starting salaries if you aren’t even IN college yet.
Apply to NEU- you wont regret it because if you’re a good student you’ll probably get a lot of merit aid.
co-op is a huge reason for coming here, it took me until the day i moved in to really accept and love the idea.
NEU’s graduates are getting hired out of school within 6 months, or are in graduate school. 50% have offers from co-op employers i think…
anyway, your major will also probably change by the time you get to co-op, or your second… or graduation… </p>
<p>emily makes good points about what you believe in high school. things will change the second you step on campus.</p>
<p>I wish people didn’t bash NEU so much just because it’s so “confusing”, or isn’t in the top 50… it’s connections are reason number 2, 3, 4, 5, … etc why i’m here personally. it’s what employers are looking for from a student- work experience and a quality education. we’re good students and hard workers here at the same time.</p>
<p>I just spoke to a girl who has a front office trading coop lined up at Goldman Sachs, and I think a couple more similar do exist. Post-graduation, to my knowledge, Northeastern does generally feed a few people into the larger front office positions, but isn’t really a target. More common paths into banking would be either mid-office positions, or positions at regional banks in the boston area.</p>