It pays dividends for finance students to graduate from the David Eccles School of Business. According to a rankings report on high-paying finance jobs, finance graduates from the Eccles School earn $10,296 a year more than their peers in the same field who graduated from different institutions.
What effect does your school have on your salary?
The Burning Glass Institute, a nonprofit that researches employment trends, explored what effect the school somebody went to can have on salary if the choice of career and the number of years in the field are the same.
The findings were compiled by analyzing data related to experience and pay from Lightcast, a labor-market data firm, and Glassdoor, a company-ratings website, to determine the average salaries graduates earn in their first ten years out of college.
Unsurprisingly, many colleges on the list are located in and around New York City, as there is a substantial benefit of being close to a worldwide financial hub. Their geographical advantage to Wall Street provides avenues for students to accept internships and full-time jobs at banks, private-equity shops, hedge funds, and other financial firms.
The Eccles Experience
Recognizing this was a significant barrier to entry for finance majors studying in Utah, Elizabeth Tashjian, Professor of Finance, created Week on Wall Street. The program invites top-performing finance students to New York City to meet with industry professionals, alumni, and finance connections curated by Professor Tashjian. Personal attention and networking through the program help students create invaluable connections for obtaining nationally competitive positions upon graduating.
Whether by participating in Week on Wall Street, managing the Student Investment Fund, enrolling in Advanced Financial Analysis, or engaging in the classroom or other experiential opportunities, students can capitalize on the benefits of an Eccles School degree.