The best universities in the US for lucrative jobs in finance, technology, and consulting. (2024)

FAQs

What are the best colleges for high-paying careers in finance tech consulting? ›

Recruiters are attracted to schools near Silicon Valley and Wall Street. Top 5 private colleges for high-paying finance jobs: MIT, Harvard, Princeton, UPenn, Dartmouth. Top 5 public schools with excellent finance programs: UMich, UC Berkeley, UVA, USMA, William & Mary.

Consulting. The top private colleges for high-paying jobs in consulting are Harvard, MIT, Yale, Princeton and Stanford. The top public schools are the U.S. Military Academy, the Georgia Institute of Technology, Michigan, UC Berkeley and Virginia.

The top 5 highest paying jobs in finance are investment banking, hedge fund management, CFO roles, private equity, and actuarial positions. These careers typically offer substantial salaries and the potential for significant bonuses.

Salary & Compensation

On average you can expect to get paid more in banking than consulting, with higher variability in the total compensation, but more total hours worked.

McKinsey, Bain, and BCG don't have a strict GPA cutoff, but they do typically consider anything from 3.6 up as a strong GPA.

Entry-level positions in most industries require a bachelor's degree. Consultants usually hold degrees in business administration, finance or economics. However, degrees in psychology, marketing and computer science are common as well among business consultants.

Hedge fund managers can make tens of millions of dollars because of a similar compensation structure to private equity; hedge funds charge both an annual management fee (typically 2% of assets managed) and a performance fee (typically 20% of gross returns).

1. Investment Banker. Roles in investing banking are highly sought after. For investment bankers, it's often a higher competition to land a role in one of the largest firms.

Portfolio management is a prestigious role in the finance industry. Portfolio managers, also known as money managers, directly oversee institutional and retail client investments in their daily work.

And recruiters flock to schools around Silicon Valley and Wall Street. The top five private colleges for high-paying jobs in finance are MIT, Harvard University, Princeton University, the University of Pennsylvania and Dartmouth College.

Can I become a millionaire with a finance degree? ›

There is a reason people in finance who work in private equity or a hedge fund make millions. These industries make money by investing in companies, and after a certain level you get an equity stake in the profits of the firm through carried interest.

Financial Consultant salary in India ranges between ₹ 1.8 Lakhs to ₹ 18.0 Lakhs with an average annual salary of ₹ 6.2 Lakhs. Salary estimates are based on 2.8k latest salaries received from Financial Consultants.

An undergrad degree in information technology, computer science, or engineering will give you the technical skills to start your formal education in the field of fintech. A business, economics, or finance degree will provide you with the financial knowledge you need.

Ranking #1 for landing you a job in consulting is a major in one of 3 related fields, business, economics, and finance. This won't surprise anyone. These majors show recruiters that you have an interest in business, understand how businesses operate, and have the most relevant skills for a career in consulting.