salaries after graduation

<p>the Goldman Scholars program is associated with certain programs, and I believe it's only in NYC right now. There was an application process earlier this year. </p>

<p>Interestingly, GS has an office in Princeton hehe :p</p>

<p>can any of you throw some light on how much a tech grad from MIT would get when he leaves college without degree like MBA. and what is the most lucrative and highest paying field. Is it still computers or economics or what?</p>

<p>economics. My cousin graduated with a double major in Economics and Computer Engg. from MIT (undergrad). He now is 26, working for Goldman Sachs, ditched computers, and now earning $600,000 + $250K bonus per year (mentioned this on the previous page). He got into Harvard MBA for Exec. MBA for next year. Also due to be VP after graduating from Harvard. So yeah...so IBing and corporate econ is the most lucrative option without a doubt.</p>

<p>What are the courses which one takes to become an Ibanker or foray into other corporate Economics field.
I mean are they the courses like pure Economics clubbed with something else or something like Financial Engineering (which adides is doing).
And basically do you people think an MBA before moving to a good position helps in any way. I mean I feel that in the corporate world the first stages have to be crossed by continuous hardwork just after graduation and maybe after reaching a certain level where degree again matters (as in callthecops cousin case) should one go for an MBA.</p>

<p>600K? It's a bit unbelievable when Bill Gates doesn't even make that much...</p>

<p>You did say he is due to be a VP, so I guess it could be a bit more believable, especially with an Ivy Degree. Anywho, damn, good for him.</p>

<p>dude how can u even bring Bill Gates or other Billionaires into comparison.
If u want to compare then Steve Jobs has a salary of only $1 an year.So does that mean all should have a salary of below $1 an year. These are billionaires market gimmick and these guys are out of comparison from real world people.</p>

<p>Also I have an aunt whos the head of recruitment of Birlasoft although she does not make in millions (as the company is small) but yet she says that her salary is mostly saved because everything she practically does is provided by the company (say her cars,house,travel,etc.) so basically at such a level base salaries can be deceptive.</p>

<p>Dude, calm down. I was just saying that's an amazing accomplishment when Bill Gates and many CEOs don't even make that much a year.</p>

<p>I was too trying to make my point. No hard feelings there runningcircles2. I just like to give people a reason to explain my point.</p>

<p>bumping this up for answers.</p>

<p>bumping this up further...My question again.
What are the courses which one takes to become an Ibanker or foray into other corporate Economics field.
I mean are they the courses like pure Economics clubbed with something else or something like Financial Engineering (which adides is doing).
And basically do you people think an MBA before moving to a good position helps in any way. I mean I feel that in the corporate world the first stages have to be crossed by continuous hardwork just after graduation and maybe after reaching a certain level where degree again matters (as in callthecops cousin case) should one go for an MBA.</p>

<p>the way to go is:
econ or ORF major with finance certicicate. choose either the corporate finance track or the investment management track. (see the bendheim center for finance at Princeton's website for more info)
then work for a few years after graduation.
then get your company to pay for an MBA
an econ phD is way better than an MBA by the way, but it also takes much longer and won't necessarily get you a better salary</p>

<p>Another possibility:</p>

<p>My AP Chem teacher's sister in law (now THAT's a very close connection lol) is a dermatologist (who's also into cosmetics: hair transplants and liposuctions).</p>

<p>After paying off her 5 employees (one of which is another qualified M.D.), her office rent, equipment debt, taxes, etc. etc. She still nets about a million a year.</p>

<p>vampiro, there's no fixed way, having an econ or orfe major isn't going to give you that big an advantage over history or religion majors. I talked with an i-banker and she told me that they dont expect you to know everything , its a learning process.
So my advice, do what you like, try to get internships in the i-bannking field, and if you are from a good uni. the i-banks are going to suck you in, thats the only place where an ivy tag helps, after that its hard work!</p>

<p>are you doing orfe adi? (PMUNC was pretty awesome btw)</p>

<p>

Well thinking of doing orfe... and about pmunc...yea it was pretty awesome except for the fact that i hardly got any sleep (the party was in my room! so i slept after everyone else did!!)</p>

<p>so basically you are telling me that I can take up Computer Science/Engineering and just do a minor in economics and stil pursue a career in iBanking. cool</p>

<p>engineering/comp sci/information tech + finance/econ/business
is generally a pretty solid combination</p>

<p>


<br>
yea if thats what you want to do, again it doesn't matter if you are engineering or english major, as far as you take some courses which show your analytical skills, you will be fine.. also at princeton, one of the tracks offered in orfe specialises in this infotech thing, but you have plenty of time to figure that out.</p>

<p>yeah if I get into Pton I suppose.</p>