<p>I will have a 3.5 GPA with a BS in Economics
I will have had 2 internships
I will have had study abroad experience for 4-5 months
I will have had previous work experience- Accounting, Construction, IT, Painting, Little Caesar's(It sucked), Office Work. I worked Part Time almost the entire time I was in College.</p>
<p>I'm wondering about what Salary would I expect coming out of Undergraduate?</p>
<p>With the current state of the Economy I would assume that $40,000 would seem applicable. Although I think if I really tried I could make $50,000-$60,000? Maybe? Maybe Not?</p>
<p>I hate to think of my degree like this(I would rather go to graduate school; and I hate to think of learning in College as a ticket to getting a higher paycheck only); but still I am quite curious.</p>
<p>I have (will have in may 2010) a BA in Econ and the job offers that I have gotten have either been 65k base or 70k base (plus sign on bonus, and a nice year end bonus for finance jobs). I go to a pretty good school /w a nice gpa and decent (not gret by any means) work experience.</p>
<p>Seems like most of the budge bracket investment banks are offering 70K salary/10K signing to all of their analysts now. seems like a reasonable place for an econ major to go.</p>
<p>There is a huge range depending on school attended, special skills, region where job is, industry job is in. Right now, many feel lucky to get A job.</p>
<p>All in (salary, bonus, other perks), unless you are in the top .5% coming from an ivy, aiming at an ibank, $40-$60K does seem to be a reasonable range.</p>
<p>Hmom5 is correct. Over 60K would only be for the top .5% and at an ibank. Many people from top schools cannot get paying jobs at all. There was an article in Saturday’s NY times about the many recent grads working in unpaid internships. This is also my personal experience with those I know here in NYC. I’d be thrilled with $40K in this economy.</p>
<p>It truly depends on the industry and the geographic market. $50,000 was a typical starting salary with your background in the New York/Boston markets two years ago. Best of luck to you!</p>
<p>yea but worrywart to live in new york 6 figures is like middle class.
you could also try consulting which is probably less selective than banking.
unless you wanna do phd, which would make sense if this recession goes on for 5-6 more years (i dunno), then don’t do MA/MS grad school, since you’ll be going the mba track eventually.</p>
<p>Bowlesman, not sure if you’re a student or parent but there are many “middle class” people who work in the city but have to commute from the burbs. Of those who do live in the city, many rely on having a roommate or two in order to pay the rent.</p>