Quote:
Originally Posted by sdiver68
No, the question was 1st year out of school, and I don't think it is massive at all. Software "engineers" right out of school are not making $150K+, exceptions aside.
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Fair enough. Oh, I got the "1st year" bit; I am talking about 1st year out of top tier
grad school.
So, I am really talking exceptions and not the rule. ie. on software side gifted engineers who got into GOOG for e.g.
Finance has a relatively large sub-set that do: if you come from a top grad program (Chicago, Wharton et al) and have quant and/or other specialized skills
and get into the world of hedge funds, pvt equity, LBOs. This last point is important to the argument: this is a smaller grp of a relatively small grad cohort.
I was at a dinner recently in NY and the table was full of young hedge fund mgrs/traders/analysts from Stamford CT and they were making far more than 150k (2x+, yes, they are crass enough to talk annual bonuses as it's bonus time) and right out of the gate in 2 cases. One ~ 30 y.o. guy had an e60 M5 as daily driver and a 430 on order .. (bastard
)
To take the other side: my wife has 2 Masters' and a PhD in History from a very good Canadian uni + 14 years' academic experience and she's only making in the 50s - who says life is just?