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How much are new grads w/ MS degrees making?

They are generally getting offers in the range of ...

  • $80K

    Votes: 6 42.9%

  • $100K

    Votes: 5 35.7%

  • $150K

    Votes: 1 7.1%

  • $200K

    Votes: 2 14.3%
  • Total voters
    14
wazzuFreddo said:
Doesn't make a gigantic difference. Expect $60k
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I only know what I know by asking new grads, and they just so happens to be MS grads. I was surprised when people were commenting that I asked a few. Since I know pay range is very similar between all the big cos based on personal experience as a new grad myself, this info is probably accurate.

Btw, the number was $105K. Facebook was higher; although you get burned out there I hear.

I'll also tell you the cos (where they are working that I asked): google, oracle, facebook.
 
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I am a recent college graduate (in Psychology no less! :p) and I didn't feel like I had a hard time finding a job. In fact, the hardest part was figuring out what types of jobs I wanted to apply to. I found a job within 3 weeks of looking, with interviews offered from two other positions, all three from completely different industries.

Maybe some other people expected to be able to walk out and get a job the same day, but I had heard of horror stories where people apply to numerous jobs for 6 months and don't ever get a job, maybe an interview here or there. Or maybe I'm just doing something right/lucky.

I have been thinking about going to grad school, and I definitely think I'll have even better job prospects after I graduate. As AFM199 said, if you can't apply what you've learned in school, then it doesn't matter what you've studied, you're useless. I took what skills I learned from obtaining my degree (writing skills, knowledge of study design, statistical analysis, etc...) and made them my marketable skills.

I'm now finding that I am a lot better with Excel than I realized, and am very comfortable working with large datasets, so I've been looking at Data Analyst positions. If any of you know of such an opening, holla! :D

Also, I am extremely jealous of those who have secured such positions, but I credit them for their wise decision making. I wish I had made similar decisions but I was too late in accepting my true interests.
 
wazzuFreddo said:
Doesn't make a gigantic difference. Expect $60k
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This sounds about right to me.

I doubt any company save a few exceptions are starting their guys at 100k a year.

When I worked in Software, granted in a small company doing niche software, we were paying out programmers around 55k. We got a lot of resumes with salary requests in the $100k range for new grads. They went into the round file.:ride
 
MrIncredible said:
So shouldn't it read "How much are well connected grads with masters from extremely prestigious universities making?"
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This. Assuming they got a really good education at those universities they are worth that much. Do you know what grad school at those places costs? You get compensated for it. However you have to actually know what the fuck you are doing too. The name is only a name. Plus peers and alumni in those schools are likely to get your foot in the door. They also tend to know your reputation already, and if they want to work with you $.

You definitely don't need it, but if nothing else grad school is worth the contacts. It is rare I don't know at least one person at any company I'd want to work at.

Most good grad educations have you pretty much working for companies anyway. You do get work experience except you pay for it.

At my company 60k-75k is starting for an engineer depending on actual experience/education and how an interview goes. You could move up in pay very quickly if you are good though. We sure aren't poaching from Google or Facebook though.
 
Meter Man said:
I doubt any company save a few exceptions are starting their guys at 100k a year.
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You'd be wrong. However, this is grad school you are talking about not fresh out of college (not always though). Although again if you got the stuff, those companies will treat you right so you come to them and stay.

Google will only hire advanced degrees for many positions and I'd bet the starting salary is higher for many. Add in the benefits and they get paid pretty well.
 
revnort said:
You'd be wrong. However, this is grad school you are talking about not fresh out of college (not always though). Although again if you got the stuff, those companies will treat you right so you come to them and stay.

Google will only hire advanced degrees for many positions and I'd bet the starting salary is higher for many. Add in the benefits and they get paid pretty well.
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Facebook and Google in particular fall under the Exception caveat above. They pay top dollar and get superstars.

There are a lot of jobs (majority) in mid level companies and niche companies that are NOT paying their grads rockstar money.
 
Meter Man said:
Facebook and Google in particular fall under the Exception caveat above. They pay top dollar and get superstars.

There are a lot of jobs (majority) in mid level companies and niche companies that are NOT paying their grads rockstar money.
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It may only be the bay area, but there is a lot of money flying around in the tech space again. There are smaller companies and start ups throwing around that kind of money. Seriously.

I agree the majority aren't getting it, but it is happening more than you think.

Perhaps another bubble, however I thought with facebook taking the crap stock wise things would die down. Hasn't really happened.
 
new grads getting $100K+ is no walk in the park either. All that money and cool perks often mean "work more, don't go home".
I do not work at fb or goog, I'm too old and like somewhat normal work hours :).

btw, for other software dev ppl out there, is moving to a new company every 2-3 yrs the norm? It seems so from what I've heard. I've been with the same company for 10 yrs, straight out of undergrad. Same for many of my other co-workers.
 
CoorsLight said:
All of the selections are way too high. I know chemical engineers with PhDs who are making just over $80k.
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That's really unfortunate. Either they are doing it wrong, or something is whack. Of all the engineerings, ChemE has got to be one of the toughest and most unique and desireable (coming from a NucE.)

DucatiHoney said:
Wait. College graduates are getting jobs? And getting paid? I thought that wasn't happening in Amurika right now. whiskey tango foxtrot?
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I luckily landed a job in late 2009 fresh out of grad school. It was 10 months before I even got an interview. And I had 2+ years worth of legit/related co-op and internship work. I know you are being sarcastic, but I'm sure it is just as tough now or worse. Although, I would like to believe tech jobs would be more abundant in this area.
 
The real answer is that it's not a single number, it's a probability distribution. Didn't they teach you that in engineering school? :twofinger :teeth

gnahc79 said:
btw, for other software dev ppl out there, is moving to a new company every 2-3 yrs the norm? It seems so from what I've heard. I've been with the same company for 10 yrs, straight out of undergrad. Same for many of my other co-workers.
Click to expand...

Yeah, it is very common.
 
fsckewe said:
I'm sure it is just as tough now or worse. Although, I would like to believe tech jobs would be more abundant in this area.
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No, it is WAAAAAAAAY better now. You were looking in the worst of it. No jobs, nobody hiring, everybody firing.
 
For software engineer with MS around somewhere in the range of 85-100k. For people who fall somewhere near the middle of the bell curve. I am not talking about super stars, or people who don't have their stuff together. Sometimes I think software engineers are over payed.
 
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