<p>I don't think Harvard publishes this information, but just in case, does anyone have the average starting salary for Harvard Economics concentrators? If not, what about the average starting salary for Economics grads from another top institution like Stanford or Yale?</p>
<p>Thanks!</p>
<p>If you want the best econ, Princteon is the way to go...</p>
<p>Many Econ grads go on to get MbA's, or JD's, etc; I would wager that only a minority go to work right out of college. </p>
<p>For this reason, among others "starting pay" stats for bachelors degree grads are either unavailable or not very meaningful.</p>
<p>There ARE somewhat more reliable stats for starting salaries received, for example, by MbA degree recipients.</p>
<p>Really? I would think that ec is a very pre-professional concentration. Most MBA programs do not allow people to apply right out of college; they require several years of full-time work experience.</p>
<p>For better or worse, it seems like half the campus, and all of the econ majors, want to be I-Bankers.</p>
<p>Amen, just<em>forget</em>me. We're all pre-meds, pre-law or "pre-business" people.</p>
<p>thankfully, not all are looking at their education to get them the highest starting salary! There are many undergrads (especially those who do service at PBHA) who are looking beyond the bottom line when they graduate from Harvard, whether continuing to serve in programs such as Teach for America, founding their own non-profit, gaining fellowships for further study and travel, or finding other opportunities to do more than just make money!</p>
<p>Thanks for the responses everyone. I didn't think the information was available from Harvard, but I just wanted to check anyway. I guess other comparable universities don't publish this info either.</p>
<p>casualresponder,</p>
<p>Yes, there are many such students. But they're not ec concentrators! </p>
<p>Incidentally 45% of seniors at Harvard participate in recruiting, which is almost exclusively for jobs in i-banking, consulting, and finance. At the KPL infosession, they told us that a few years ago about 250 Harvard seniors (16% of the class) applied to work for them--and they're a tiny firm with only two offices.</p>
<p>Phoenixy: Wow, I didn't realize such a large number of Harvard grads apply for jobs in i-banking and consulting. How many of them actually end up working in those fields? I realize that both i-banking and consulting are extremely competitive, but I was wondering how hard it is for Harvard grads to land these jobs. What is the general salary range for starting in i-banking or consulting?</p>
<p>From what I've been told many times, a Harvard degree is gold for investment banking.</p>
<p>Starting salary is generally in the 50-75k range (with bonuses). However, they work you like a dog, so the hourly wage is not particularly good. It's also very competitive--some consulting firms have an "up or out" policy where you work for 2-3 years, if they like you they pay for you to go to business school as long as you come back to the firm when you're done, and if they don't like you your contract doesn't get renewed. I've heard that a third of students who participate in recruiting here end up getting a job through it, so it helps to go to Harvard, but the odds are still tough--some places only recruit at a handful of schools, but once you apply you're competing against other Harvard students. At any given firm, you might have hundreds of students competing for 3 or 4 positions.</p>
<p>So consulting is as competetive as i-banking? From what I've heard, I think I'd enjoy consulting more than i-banking. Do they work you as hard as in i-banking?</p>
<p>Apparently it's this way at a lot of top schools. My mother knows someone who went to Columbia and majored in Francophone Studies, but was recruited by a firm and now makes easily $250k/yr.</p>
<p>"Amen, just<em>forget</em>me. We're all pre-meds, pre-law or "pre-business" people."</p>
<p>Oy. Shout out to all the English concentrators. Strangely, I know more people who want to study English or Math than anything else, here. Then again, most of those people are in "Justice" or Ec10 . . .</p>
<p>I've heard that firms recruit a lot of people outside of economics, like english and math. Is this true with consulting firms? Do they prefer Econ grads?</p>
<p>They recruit engineers and math/science majors - smart people, basically.</p>
<p>Some firms only want econ people, others only want quantitative concentrations, and some of them are open to all concentrations. It depends.</p>
<p>i understand this discussion about starting salaries...but please don't be obsessed by it...do what you enjoy...sustain a livng...otherwise you'll be one of those 'intellectual whores'.</p>
<p>Intellectual whoredom: don't let this happen to you:</p>