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.
The average salary for the median graduate in finance through the first 10 years of their career is just over $100,000, according to Burning Glass. For alumni in tech it’s about $122,000, and for consulting graduates, $98,000.
The schools in the rankings have offered graduates an array of resources to enrich their careers, Sigelman says. Among them: Grads from Ivy League and top public schools can tap vast alumni networks. Liberal-arts alumni learned soft skills that can help them ascend corporate ranks. Service-academy graduates acquired potentially lucrative traits like perseverance and diligence. And recruiters flock to schools around Silicon Valley and Wall Street.
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