Starting Salary!!

<p>oka, so i heard this crazy thing from two of my friends, one graduated from UCSD and one graduated from Cal Poly Pomona, both have B.S in biochem and both gets $18 an hr on their first job because they have no job experience!</p>

<p>so if thatz the case, what difference does it make to get a B.S from a UC or from a CSU? they said their companies didn't seem to care where they get their degree from, not even the GPA. </p>

<p>Does anyone know is my friends are right about entry level job? if so, does this apply to the B.A in Business as well? Thankx!</p>

<p>How do your friends know this? They both did get jobs.......I'm sure there were more applicants than there were jobs.....does that tell you something? Why didn't they do internships or take some summer job for experience? Maybe you can learn a lesson from them.....to benefit yourself in making a plan for your summers while in college.</p>

<p>i see wat u mean now, they should have done their part on the internship. that's a good point n thanx for pointhing that out! </p>

<p>so then what should most starting Business B.A be around? i know that most grad bus skoo admit ppl that have 2 to 3 yrs working experience and i dun wanna do a job w/ crappy paying for 2 to 3 yrs.</p>

<p>For ug biz major you should be in the $40-50K range.</p>

<p>Most firms, if they hire you, pay the same or close to it no matter where you went or grades.</p>

<p>Ok you don't want crappy pay for three years....get a job on campus or work on a project. Get you recommendations lined up as soon as you can. Look for some summer opportunities....paid or unpaid. Think of how to present yourself when you do graduate. Make a way to pull yourself into a company earlier than the cold interview. You seem very smart, you are wondering about your friends, make a plan for yourself now. As to salary it would depend on the industry and the area of the country....but certainly more than $37,440.00/yr.</p>

<p>oo i see now...those are very helpful replies!!
also, im freshman in ucla goin to bus/econ, and i was thinking about droppin back to a CSU to get my degree since itz cheaper and more convenient. what do you think of that idea?? i wonder if i will have lesser chance of gettin into a good grad bus skoo from a CSU instead of UCLA.</p>

<p>I am amazed at how cali residents seem to downplay the cal polys and trump up the UC's.....unless it is UCLA or Berkeley you really aren't going to be leaps and bounds ahead of Cal Poly Pomona and especially not San Luis....especially if you interview outside the west coast. I would not drop back from UCLA unless you really have to - I reckon a UCLA business degree could help you get an interview places where a CSU business degree could not. Maybe switching to San Luis would be worth it if you were going into engineering but otherwise I personally wouldn't do that.</p>

<p>I'd stay with UCLA because more good firms recruit on campus there and that's the best way to get a good starting job--unless you know people.</p>

<p>
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** im freshman in ucla goin to bus/econ

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**</p>

<p>Ok you are getting a plan. I'd say don't "drop back" but rather get a job at UCLA. Start by looking in your department for some who pays for research help of has some other opportunity. You don't need to work lots and lots of hours but get yourself connected. Let someone in the department know that you want to get yourself into a job/research opportunity so you can afford to stay there. Don't worry about the costs.....it is early and you can make the most of the money you are paying by staying, getting connected, finding a summer opportunity NOW for this coming summer. I think you are in a great situation and will be just fine. Begin to make some connections and look for professors who do reasearch and consulting w/ industry. You are at a fine school which will go a long way toward getting you more experience early, a better job w/ a higher pay. Hang tough.</p>

<p>Cal Poly SLO engineers make $55+ in their first year out. CSU students can get high salaries. It's on the cal poly website if you need a source.</p>

<p>remember, someone from some crappy high school and someone from an elite boarding school can both get into harvard. with that said, high salaries and low salaries are open to people from almost every single college. just because someone goes to a certain college does not necessarily mean he/she will make more. there are plenty of factors, such as that person's performance at that college, the internships, research, or work experience under his/her belt, how well they interview, etc. </p>

<p>but also, some companies won't care where people got their degrees. these are the companies where the work isn't too tough. just cuz you're overqualified doesn't mean you'll get a higher salary if your actual job requirements are the same. </p>

<p>HOWEVER, starting salary is a very deceptive measure!! most of the professionals i've talked to said it takes around 5 to 10 years before their degree shows a significant advantage. that is, they're the ones doing the better job and thus getting the promotions and salary increases.</p>

<p>
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** someone from some crappy high school and someone from an elite boarding school can both get into harvard.

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**</p>

<p>and your implication is that they are coming out of Harvard at differing levels of capability for work?</p>

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i wonder if i will have lesser chance of gettin into a good grad bus skoo from a CSU instead of UCLA.

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</p>

<p>graduate business school... i'm assuming you're talking about MBA. well, your undergrad school is minimized because good b-schools want to see what you've done AFTER you've graduated, and actual work experienced is not only required de facto by top b-schools, but you'll probably want to have good work experience too. with that said, it is basically what the individual accomplishes that matter, but one could argue that in general, you'd have better starting job opportunities from UCLA than from a CSU.</p>

<p>Work experience is the real issue.....that is certain.</p>

<p>
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both have B.S in biochem and both gets $18 an hr on their first job because they have no job experience!

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</p>

<p>
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As to salary it would depend on the industry and the area of the country....but certainly more than $37,440.00/yr.

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</p>

<p>Maybe it's just me, but I think you guys have some seriously high expectations of the kind of money you think you're going to be making.</p>

<p>As a point of reference, look at the salaries made by Molecular and Cellular Biology (MCB) majors coming out of Berkeley in 2004. MCB is basically Berkeley's equivalent of a BioChem degree. Keep in mind that the plurality of Berkeley grads tend to stay in the Bay Area, which is obviously a high cost place to live, and also has a plethora of biotechs and other health-care related companies that are willing to hire MCB/Biochem majors. Yet the average salary was only $32600. </p>

<p><a href="http://career.berkeley.edu/CarDest/2004Majors.stm%5B/url%5D"&gt;http://career.berkeley.edu/CarDest/2004Majors.stm&lt;/a&gt;&lt;/p>

<p>So if they're only making that, honestly, how much do you expect a BioChem guy coming out of CalPoly or UCSD to make?</p>

<p>Salient point.....and 2004 when the market wasn't that bad in job offers as I recall. One thing is true however.....getting early experience w/ a company during summers can mean a higher job offer or a faster track to the first pay increase.</p>

<p>im so glad to see all these responses from you guys, makin my life a bit easier now haha, </p>

<p>espeically hazmat, u made a good point of ucla being the college with higher recruitment chance, but why would companies want to reruit ucla students over CSU's students while ucla doesnt have an undergrad business program like cal poly pomona?? wouldn't companies want a more specific degree like bus admin rather than a general bus/econ degree of ucla?</p>

<p>$18 --that sounds about right. Remember, your salary is not a <em>reward</em> for going to this or that school, but rather, is a bid for your services on the open market. Neither is your pay directly corelated with the cost of your school. The prestige of the school you attended may help in getting your first job, but after that, you are pretty much on your own. Prestige does not affect the pay as much as you might hope.</p>

<p>the buz/econ program in UCLA is just as competitive (and cut throat) despite the lack of an actual undergrad business school. companies know the competition (and people you have to step on) in order to succeed regardless of an undergrad business program or a business econ major.</p>

<p>actually a lot of top schools lack an actual undergrad business school. harvard and stanford are some examples, but there are plenty more down the list. </p>

<p>remember, one does not even have to major in business or even econ to be successful in the business field! companies recognize this, and they are looking to take into consideration the overall potential of someone when they do their hiring. </p>

<p>besides prestige though, top schools also offer many resources that may not necessarily be available at other lesser-regarded schools. this could include networking with a more ambitious crowd and more successful group of alumni, having more internship opportunities, having more business-related organizations or talks, etc. and like someone else mentioned, you're competing with a higher caliber group of students who are probably more ambitious and driven... not to mention you are probably of high caliber already just by getting in. </p>

<p>an advantage with UCLA is that the bizecon degree does include management courses (taught by professors at the anderson school), whereas many top schools offer pure econ degrees only. speaking of the anderson school, that can be utilized too, perhaps not always by taking courses, but i know many bizecon majors do something like either work in anderson, do research with anderson professors, etc.</p>