Originally Posted by Yan Wang
Hopefully no one here's going into technical careers just for the money. If that's what you care about (nothing wrong with it!), summer internships at large finance firms such as Morgan Stanley pay $1200/week + housing + travel. That's equivalent to $62,000+ a year as an undergraduate (imagine yourself as a sophomore earning that rate)! MIT grads with a BS consistently get $80k-$90k offers and with an MBA, that goes up to $109k average (high last year of $250k) with up to a year's less education than what you'd need for an engineering BS and MS (and it's an easier education).
That said, the record engineering salaries are pretty sweet
This trend is also seen in Penn State's newest College of Information Sciences and Technology. Since it's inception in 1999, the school has become the highest paid interns, starting salaries for graduates, and now highest paid faulty in the University.