What Biz Majors Make At Graduation

What Biz Majors Make At Graduation by: John A. Byrne on July 01, 2014 | 0 Comments Comments 4,444 Views July 1, 2014If you want to know why majoring in business has become so popular in recent years, look no further than the starting salaries of graduates. Get your undergrad degree in business from a top school and you can walk into a job paying $70,000 a year.Thats pretty good money, no matter how you slice it. And when you can pull down that kind of paycheck to start, its even better. Of course, this is starting salary only. At Wharton, more than 80% of the  graduating class typically  receives average sign-on bonuses of nearly $10,000, on top of annual bonuses over $26,000 each.Its also worth noting that the average senior in the class of 2013 at Wharton had 11.5 interviews and 2.2 job offers during senior year. The numbers are slightly skewed because nearly 40% of students accepted offers after junior year summer internships; those students frequently don’t interv iew at all during their senior year.  And the pay is not only good at the top-drawer business schools.   Last years business graduates at Binghamton University, for example, gained starting salaries of $60,000just ten grand less than Wharton grads. And at the College of New Jersey, business grads picked up jobs that paid median salaries of $56,000 a year.Schools Where Business Graduates Earn The Most To StartSchoolMedian Starting SalaryUniversity of Pennsylvania (Wharton)$70,000University of Virginia (McIntire)$70,000Carnegie Mellon University (Tepper)$70,000Cornell University (Dyson)$65,000University of Michigan (Ross)$65,000Georgetown University (McDonough)$64,500New York University (Stern)$64,000Washington University (Olin)$62,500University of California-Berkeley (Haas)$62,000Emory University (Goizueta)$60,000University of North Carolina-Chapel Hill (Kenan-Flagler)$60,000Binghamton University$60,000Notre Dame University (Mendoza)$58,000University of Texas-Austin (McCombs)$58, 000College of William Mary (Mason)$58,000University of Alabama (Culverhouse)$58,000Lehigh University$57,750Fordham University (Gabelli)$57,540Boston College (Carroll)$57,000Northeastern University (DAmore-McKim)$57,000University of Maryland (Smith)$56,500Wake Forest University$56,000Rensselaer Polytechnic Institute (Lally)$56,000James Madison University$56,000College of New Jersey$56,000Source: Business schools reporting to Bloomberg BusinessWeek Page 1 of 11