Top Colleges for Finance, Tech and Consulting WSJ Article

Data10
Mon, 01 Apr 2024 20:09:39 +0000

beefeater:

I’d suggest that the difference is probably career path itself. MIT grads might be self selecting into careers that aren’t quite as lucrative. For example, working for a government entity like NASA may not pay as well as going to work for a FAANG-type company. Yale grads might be specifically choosing jobs that pay better.

It’s largely a difference in distribution of “tech”. The analysis listed in the OP found MIT CS earns more than Yale CS on average, and MIT engineers earn more than Yale engineers on average; yet Yale tech earns more than MIT tech on average. This occurs because tech at Yale has a far larger portion of CS majors, and CS majors tend to earn far more early career earnings than engineering majors on average (prior to adjusting to cost of living)

Yale Tech Majors – 64% CS / 36% engineering
MIT Tech Majors – 47% CS / 53% engineering

Yale Average First Job Earnings, as listed in 2023 student survey

CS – $141k

Engineering – $90k

MIT Average First Job Earnings, as listed in 2023 student survey

Computer/Math Occupations – $154k

Engineering Occupations – $100k