How to get 50-70k straight out of undergrad from a not so hot business school?
So I am a premed student at GA Tech right now. I was doing engineering because I thought it was cool and I got my ass handed to me and my gpa tanked pretty low(I'm at a 3.37). I switched over to business(things worked out in such a way that the business degree allows me to graduate with only one extra semester).
Now GaTech's business school isn't exactly the best I know that.
And you might be asking why I care about the job in the first place if I'm going to medical school anyways.
1)It is a lifetime dream of mine to backpack across the world for at least a year, this costs around 18-20k.
The problem is since I am commuting and my classes take up so much of my time(I'm not the smartest guy none of this shit comes easy to me) I really do not have much involvement in any clubs. I know next to nothing about "networking".
All the guys here are going for 100k straight out of college so I figure surely if you guys know how to get those ibanking jobs, 50-70k shouldnt be too hard right?
EDIT:I'm not staying in engineering. My med school chances will be shot .Finance sounds good. We also have a decent IT management concentration in our business schools. What do you guys think about that?
Thanks
Going into accounting will get you a salary in that range. You'll need to improve your GPA and network with people in the Big Four.
Go back to Engineering....they offer $70-90k out of school in my area for Engineer inTraining positions (Petroleum, Geo Technical, Chemical, Mining). Most of these have a "bump" to $100k for getting your P.Eng, and a good number are offering $15-17k "retention" bonuses just for staying a year (every December 4th at one company), performance bonuses that are 10-20% and haven't missed a payout in 5 years at the one company I know, and lastly two of the companies I'm familiar even offer a real pension.
Most of the positions top out around $180 salary as engineers, and management is above that (usually a lower base, with higher bonus levels).
TT
Work and travel. Done.
Recently graduated from Georgia Tech with a 3.3 GPA as a Business Administration major with a finance concentration and all-in I will be at the higher end of your range. I can tell you all of my friends from GT who were finance majors got jobs in your range. Most of my friends are chemical engineers(one works for Dupont) and mechanical engineers all with GPAs over 3.5 and a couple over 3.8 and their jobs all pay $65k - $75k base with no bonuses(pretty positive about the bonus). The accountants I know that work at Deloitte and E&Y make $50k - $60k, not sure about their bonus structure. I'm not sure about the $70k - $90k range that the person above me mentioned for engineers, I have only seen that for one physics major and one electrical engineer.
Long story short, if you interview well I see no reason why you shouldn't be able to get a job in that range. Just so you know I am a credit analyst for a large commercial bank(in their credit training program) and all the numbers I mentioned are limited to my fraternity brothers.
3.37 in engineering is actually pretty good from a top school like GA Tech, especially if it's mech e or chem e.
I agree. 3.37 in engineering from GATech is pretty solid. It's probably around 1 stand dev above the mean, which would put you in the top 17-25% of engineering students there
You can get well over a $100k for engineering here in Houston. My buddy here is working for Baker Hughes and just recently graduated. He majored in petrochemical engineering and is making $140k and the hours aren't too bad. He does have to travel to rigs in certain area, but its not demanding from what he tells me. I think he works like 50 hours a week tops. He started this year and apparently last year the company set a goal for certain groups to achieve targets, and the ones that did ended up getting getting a GMC.
Shit dude, you should mix up that Engineering with Finance and should be solid. I work in Houston, in oil trading. We got quite a few junior analysts hired into our training program from GTech. Salary is around 70k, plus 12-15% cash bonus. Oh, and they all got like a 7k-10k bonus for relocating to Htown. Some have engineering degrees and some have finance/accounting.
Work for Halliburton 130 out of school. You'll just never be home and have to deal with/talk to nothing but roughnecks all the time.
Any middle/back office job will get you that..
What year are you in? If you can get your gpa up to a 3.5, you would be a great candidate for big4, and I know they love candidates interested in IT at GT. I have some friends who went there, and tons of firms come to recruit there for IT (not much finance though), but these jobs pay 60k+ still.
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