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re: Highest First Job Salaries

Posted on 6/18/14 at 8:27 pm to
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/18/14 at 8:27 pm to
Started w/ base salary of $56,400 four years ago this past weekend. Mechanical engineer working in the petroleum engineering field. I've moved into the project management side of the business and doubled that last year if you include bonuses. Get your engineering degree even if you hate the idea of being an engineer. You will get the high paying management jobs before a business major..... at least on the oilfield.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/18/14 at 8:27 pm to
quote:

Top IB analysts at a good shop can clear $160k in ther first year out of undergrad. Majority make less, but still > $100k.

Maybe, but "top IB analysts at a good shop" don't come from LSU. As far as the SEC is concerned there are probably only a few from Vandy.
This post was edited on 6/18/14 at 8:30 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/18/14 at 8:28 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 6/18/14 at 8:29 pm to
quote:

:rofl: Top IB analysts at a good shop don't come from LSU. Probably only a few from Vandy.


I have a friend who recently finished their 2 yr analyst contract working for Goldman and stayed on board. Is an LSU alum.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7133 posts
Posted on 6/18/14 at 8:30 pm to
quote:

SmackoverHawg


What kind of MD are you?
Posted by SmackoverHawg
Member since Oct 2011
27332 posts
Posted on 6/18/14 at 8:31 pm to
FP
Posted by yellowfin
Coastal Bar
Member since May 2006
97639 posts
Posted on 6/18/14 at 8:32 pm to
35k
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10046 posts
Posted on 6/18/14 at 8:32 pm to
quote:

$36k as a first year resident 2000 $250k first year in practice 2003 Wife started out at $75k as a pharmacist in 1999

Pain clinic? You flooding the streets with Oxy?
Posted by malvin
Member since Apr 2013
4628 posts
Posted on 6/18/14 at 8:33 pm to
quote:

Get your engineering degree even if you hate the idea of being an engineer. You will get the high paying management jobs before a business major..... at least on the oilfield.

I have a high paying management job in the oilfield and I dropped out of college. I was actually chosen over a guy with a petroleum engineering degree because I had more experience.

Fwiw, I wish I had an engineering degree.
Posted by Sigma
Fairhope, AL
Member since Dec 2005
3643 posts
Posted on 6/18/14 at 8:34 pm to
quote:

but frick engineering. Not a fan at all.


Agreed. I know ChemE jobs and they suck. Not worth the extra pay early, IMO. But to each his own.
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 6/18/14 at 8:34 pm to
Plant ops here. Cleared $90k first year out of high school.
Posted by jdd48
Baton Rouge
Member since Jan 2012
22088 posts
Posted on 6/18/14 at 8:35 pm to
quote:

I hope IT guys chime in. That's what I'll be doing.




Unless times have changed, prepare your anus for a starting sub 45k salary.
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83372 posts
Posted on 6/18/14 at 8:35 pm to
quote:

Your friend would do well to ensure they have experience and as high a gpa as possible. I know people with 3.8s and 3.9s that were not admitted b/c they had no experience.


Experience?
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/18/14 at 8:37 pm to
How many years experience? I'll be the first to admit I have to get help from other guys who have 15+ years experience everyday. I'm still learning for sure. But the guys who had my position before me had years of experience, when I only had 2.
Posted by LewDawg
Member since May 2009
75242 posts
Posted on 6/18/14 at 8:37 pm to
frick
Posted by yellowfin
Coastal Bar
Member since May 2006
97639 posts
Posted on 6/18/14 at 8:38 pm to
Doesn't a female posters sister work there?
Posted by jdd48
Baton Rouge
Member since Jan 2012
22088 posts
Posted on 6/18/14 at 8:38 pm to
quote:

frick


Well, I should preface that by saying I started my career in 2002 in Lafayette before the current tech boom. Jobs were few and far between. Things may have changed by now.
Posted by Fusaichi Pegasus
Meh He Co
Member since Oct 2010
14566 posts
Posted on 6/18/14 at 8:38 pm to
Details
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51602 posts
Posted on 6/18/14 at 8:39 pm to
quote:

I have a friend who recently finished their 2 yr analyst contract working for Goldman and stayed on board. Is an LSU alum.



that's awesome that he was able to get in, but that's definitely not the norm. Wall St firms recruit heavily from the Ivy league schools. From the south I would say that Duke does the best.

I went straight into sales my first year out of college, made somewhere between 65-70 my first year. I've since moved up to a sales manager and the pay is great.


Posted by SmackoverHawg
Member since Oct 2011
27332 posts
Posted on 6/18/14 at 8:40 pm to
quote:

Pain clinic? You flooding the streets with Oxy?


Not quite. Do lots of derm and was doing endoscopy. Do a little better than that now. Pain management is less than 10% of my practice. Maybe less than 5%. Have to do some since we don't have pain management within 2 hours of us.
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