Hey guys, for all those who are interested the 2011 employment report for MIT was just released. Looks very good, as usual. I have a link to it on my site.
Here are the excerpts.
85% placement upon graduation. ~90% 3 months out.
Average Base Salary
US Citizen (or Permanent Resident) – $105,000
Non – US Citizen – $76,679
Employers Hiring Members of the Class of 2011
Bank of America Merrill Lynch
Barclays Capital
BlackRock
BNP Paribas
Boston Consulting Group
Cambridge Associates
Citi
Credit Suisse
Deloitte
Deutsche Bank
FEIS Trading
Getco
Goldman Sachs
ICICI Equity Research
Jane St.
JP Morgan
McKinsey & Co
Morgan Stanley
Oliver Wyman
Opera Solutions
PRTM
Raymond James
RBS
Sambreel Holdings
Scout Capital
Standard Charter Wholesale Banking
UBS
About 50% of the class went into investment banking and 25% went into consulting. Pretty interesting mix.
Would rather do Oxford MFE than MIT programme
Smooth... Thanks for posting though.
Oh hahah, that came off wrong. I don't think it is posted online so I uploaded it to my website. It was emailed to me from someone at MIT. That is why I linked to my site for it.
Thanks for posting ANT. The numbers look good.
I just PM'd you a response to your earlier question. Also, where did you get this? Doesn't seem to be online anywhere.
GETCO and Jane Street, wow :)
so basiclallllllllly dont do an MBA at MIT just do the MFIN haha
Actually, there is a sizable portion of the class that has 3+ years of experience. I think if you have finance experience and are dead set on going back to finance, an MSF might be a good choice, especially in this economy.
Work with an MIT MBA grad (just 1) so the sample size is small but she said that there is no meaningful difference between the quality of MFin kids and MBA students and wished she'd done the MFin.
a median salary of 100K doesn't seem too high given the amount of debt you rack up. From your guys experience, what is the "typical" first year bonus for the MFin grads say in trading. Is 40K considered good?
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