What's the average starting salary for a new finance graduate and how easy it is to find a good paying job?

Finance is my passion, but when I first went to college I decided my major to be management information systems because there's good money in it. But lately I haven't been feeling very happy with what I've done. And at first what kept me from choosing finance is because according to what I know finding a good job in finance is pretty competitive. So would I find a job with a good pay easily with a degree in finance or should I double major in finance and MIS?

 
Best Response

You don't say want you want to do in "finance," so I'll assume f500 corp fin (because who really gets IBD offers?).

Assuming you majored in Finance and landed an entry-level role as a financial analyst you might expect $45-55k (if you've had relevant internships you could come in higher, I would say this is the 20-80 percentile). Keep in mind corp fin roles are largely accounting based - so you should probably just major in accounting (keep CPA options open).

Why not switch to computer science and earn 60+ starting?

I'll do what I can to help ya'll. But, the game's out there, and it's play or get played.
 

Et molestias iste corporis atque soluta quasi optio. Accusantium consequatur ducimus ipsam. Rerum nulla aut hic eaque nemo non. Modi non aut vero eos ea sed.

Ea repellat illo neque. Et et id architecto vel nesciunt voluptatem nobis qui. Consectetur at sed sapiente necessitatibus incidunt sit. Accusantium sit veniam exercitationem et. Enim qui ea est et. Necessitatibus quisquam dolorem dolorem ex. Sint iste necessitatibus quod delectus incidunt est consequatur.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”