Over the past eight years, finance, consulting, and technology have been the top industries of choice for graduates of the University of Pennsylvania. Surprise, surprise, right? We kid, we kid. We know you’re not the least bit surprised. Anyhow, while the share of Penn grads beginning their careers in the finance sector has fallen off slightly over these past eight years, the share of Penn grads beginning their careers in the technology sector has risen rather significantly: from 7% to 14% since 2011. Quite the climb indeed for Penn graduates entering the tech sector! But we know our readers aren’t just curious about the sectors of choice for Penn graduates; they want to know what they earn.
Penn’s Recent Engineering Grads Earn the Most, Followed by Wharton
As reports Gordon Ho for The Daily Pennsylvanian in a piece entitled “Finance, consulting, and tech remain top industry choices among 2018 Penn grads,” “Among some of the top employers of the Class of 2018 are Boston Consulting Group and Walmart’s eCommerce department, hiring 16 and 20 graduated seniors, respectively. Within the finance sector, JP Morgan Chase & Co., Morgan Stanley, and Goldman Sachs were the top employers, respectively hiring 12, 11, and eight graduated seniors.”
Ho Continues, “Among the four undergraduate schools, Engineering students earned the most after graduation with an average salary of $92,284, an increase of about 1.5% from 2017 and also the highest in history. Nursing students similarly saw an increase in their salaries. In 2017, the average salary was $63,986. In 2018, it was $69,692, an almost 9% increase and the highest in history. Wharton students saw almost no change in average salary this year ($80,354) compared to 2017 ($80,566). For Wharton students, Goldman Sachs, JP Morgan, and McKinsey & Company were the top employers, respectively hiring 20, 18, and 18 graduated seniors.”
Are our readers surprised or not so surprised by these numbers? Let us know your thoughts on the matter by posting a Comment below. We look forward to hearing from you!