USMA Among Top Colleges for High-Paying Careers in Finance, Tech and Consulting
The colleges putting graduates onto the most lucrative pathways in finance, tech and management consulting include many schools you’d expect—Ivy League schools, for instance, and top public universities.
But it also includes some surprises.
Graduates with some of the highest salaries in these fields attended schools like Baruch College, San Jose State University and the U.S. Naval Academy, according to data from the Philadelphia think tank Burning Glass Institute. Their success shows that proximity to industry hubs and rigorous curricula are just as important as strong alumni networks and prestigious degrees, says Matt Sigelman, president of Burning Glass.
The rankings—which include the top 20 public and private universities for launching graduates into high-earning jobs—aim to answer: If the chosen career and the number of years in the field are the same, what effect does the undergraduate school somebody went to have on their salary?
The effect can be huge. In the first 10 years after graduation, Massachusetts Institute of Technology alumni who go into finance average $73,608 a year in salary more than the median college graduate in the field, according to Burning Glass. The average yearly salary for MIT grads in finance in those years is around $175,000.
Service-academy graduates acquired potentially lucrative traits like perseverance and diligence. And recruiters flock to schools around Silicon Valley and Wall Street.
Finance:
The top five public schools are the University of Michigan; the University of California, Berkeley; the University of Virginia; the U.S. Military Academy, and William & Mary.
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