On the heels of the McIntire School’s third-place ranking among the nation’s best undergraduate business programs by Poets&Quants, the business education website recently ranked the School #5 in starting salaries and bonuses. Poets&Quants Chairman and Editor-in-Chief John Byrne discussed the ranking and the impressive outcomes for business majors in Forbes Jan. 2.
With the average annual salary for newly minted U.S. college grads at $51,347 in 2019, McIntire’s most recent graduating class of B.S. in Commerce students reported an average starting salary of $78,315, or 53% higher than the national average. Including their average signing bonus of $10,859 brings the McIntire grads’ total average pay to $85,591, or 67% higher than 2019’s average national salary.
The top five schools in the 2019 ranking include the University of Pennsylvania’s Wharton School (average starting compensation of $91,353), Carnegie Mellon’s Tepper School of Business ($89,930), Washington University’s Olin School of Business ($86,090), NYU’s Stern School of Business ($85,930), and the McIntire School ($85,591).