The table below shows
the expected average starting salaries for business majors graduating in
1999. For those students with work experience, annual compensation
will be higher. Source: Job Outlook '99 Student Online Version
by the National Association of Colleges and Employers (NACE).
Projected 2000 Starting Salaries for Business Majors
|
|
|
|
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| Major |
|
|
75th | 25th | |
| Accounting | $32,991 | 4.3 | 35,400 | 30,000 | |
| MIS | 38,642 | 5.2 | 42,000 | 35,500 | |
| Bus Admin | 31,425 | 4.4 | 34,000 | 28,000 | |
| Mkt/Mgmt | 30,895 | 4.1 | 33,000 | 27,500 | |
| FINANCE | 34,699 | 4.1 | 37,500 | 31,600 | |
The following table shows
the results of a survey done for the Association for Investment Management
and Research (www.AIMR.com) for established
positions in investment management. Source: Association for
Investment Management and Research and Russell Reynolds Associates, Inc.
1999 Investment Management Compensation Survey
Median Annual Compensation
| Investment
Counseling |
Banking | Securities
Broker |
Insurance
Company |
Mutual
Fund Mgt |
Endowment
& Pensions |
|||||
| $185,000 | 128,000 | 185,000 | 150,000 | 196,000 | 104,200 | |||||
|
|
||||||||||
| $682,264 | 365,111 | 757,108 | 430,769 | 814,603 | 294,400 | |||||