Wednesday, August 24, 2005

St. Bonaventure University: Graduate Success - The Class of 2004

St. Bonaventure University: Graduate Success - The Class of 2004

Expectations matter. I am always concerned when undergraduates feel they will be making $100,000 right out of school. Therefore I highly recommend that you take a look at what the class of 2004 at SBU did.

There are of course many caveats (responder biases galore and these are for all majors not just finance or even just business) but it is a starting point to establish expectations. (and yes I realize the link says 2003, so it may be a year off, but either way you have some idea of what to expect.

From the report:

AVERAGE STARTING
SALARY
NUMBER OF
RESPONDENTS PERCENT
Less than $15,000 3.36%
$15,000—$19,999 8.05%
$20,000—$24,999 16.11%
$25,000—$29,999 14.77%
$30,000—$34,999 32.89%
$35,000—$39,999 16.11%
$40,000—$44,999 6.04%
$45,000—$49,999 0.67%
$50,000—$54,999 2.01%
$55,000 and higher 0 0%

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