6 ms·

If you're a new grad a good place to look at is your school's salary survey. For both MIT and CMU with just a BS the median starting salary is 105k (you have t

by rawnlq 11y ago

If you're a new grad a good place to look at is your school's salary survey. For both MIT and CMU with just a BS the median starting salary is 105k (you have to be bottom half of the class to make less than that!) https://gecd.mit.edu/sites/default/files/documents/2015-gss-survey.pdf https://gecd.mit.edu/sites/default/files/documents/2015-gss-... Min: $70,000 Max: $185,000 Mean: $106,407 https://www.cmu.edu/career/salaries-and-destinations/2015-survey/pdfs-one-pagers/scs-2015-post-grad-stats-12-17-15-kc.pdf https://www.cmu.edu/career/salaries-and-destinations/2015-su... Min: $30,000 Max: $150,000 Mean: $103,608

itsdrewmiller 11y ago
I looked at the MIT one - seems like maybe you misread it? Starting salaries for undergrads are mean and median low 80s. There is a bonus column but it says it's only a measure of the people who got bonus offers in the first place, and even then only brings things into the 90s.
- rawnlq 11y ago
  You might be reading the wrong section since this is for all majors. Try searching the numbers I posted to find the line I got it from.
zump 11y ago
Who is getting 185k with just a BS from MIT?
- rawnlq 11y ago
  Search for the "2015 Bachelor’s Industry & Employer Data" to see salary range by industry. It seems like it must be from one of the companies in the "Investment Banking" section.
- CydeWeys 11y ago
  I'm in New York, where the SWE landscape is a combination of traditional big tech companies and finance companies. The latter will pay you a lot, but at the cost of working you to death for it. Finance is not a good field for anyone who wants a life outside of work. The tech companies seem to do much better with work/life balance.
Bahamut 11y ago
< (you have to be bottom half of the class to make less than that!) That is a poorly worded comment. Someone can be really good but for whatever reason choose something that pays less or didn't get a great luck of the draw. To draw an absolute comparison between academic performance and salary for a whole class is laughable.
alexchamberlain 11y ago
There seems to be some confusion between mean and median in your comment. Given salaries are highly skewed, mean should never be used in this context.

by rawnlq 11y ago

itsdrewmiller 11y ago

I looked at the MIT one - seems like maybe you misread it? Starting salaries for undergrads are mean and median low 80s. There is a bonus column but it says it's only a measure of the people who got bonus offers in the first place, and even then only brings things into the 90s.

rawnlq 11y ago
You might be reading the wrong section since this is for all majors. Try searching the numbers I posted to find the line I got it from.

zump 11y ago

Who is getting 185k with just a BS from MIT?

rawnlq 11y ago
Search for the "2015 Bachelor’s Industry & Employer Data" to see salary range by industry. It seems like it must be from one of the companies in the "Investment Banking" section.
CydeWeys 11y ago
I'm in New York, where the SWE landscape is a combination of traditional big tech companies and finance companies. The latter will pay you a lot, but at the cost of working you to death for it. Finance is not a good field for anyone who wants a life outside of work. The tech companies seem to do much better with work/life balance.

Bahamut 11y ago

< (you have to be bottom half of the class to make less than that!) That is a poorly worded comment. Someone can be really good but for whatever reason choose something that pays less or didn't get a great luck of the draw. To draw an absolute comparison between academic performance and salary for a whole class is laughable.

alexchamberlain 11y ago

There seems to be some confusion between mean and median in your comment. Given salaries are highly skewed, mean should never be used in this context.