First Destination Report: 2017-2018 Undergraduate Degree Recipients for Finance

View results by whole university, by college, or by major

First destinations: What grads are doing after graduation:

Number of Respondents %
Category
246 Not Applicable Total Graduates
169 69% Reported first destination / respondents

TAKING TIME OFF after graduation (more than 1 month, less than 1 year)

57 34% No
93 55% Yes, one to less than three full months
14 8% Yes, three to less than six full months
5 3% Yes, six months to less than a full year

FIRST DESTINATION AFTER GRADUATION

4 2% U.S. military service commitment.
4 2% Service/volunteer program (non-military).
0 0% Self-employed or working in a family-owned business.
140 83% Employed or have accepted a job offer (not employed by self or family).
4 2% Have job offer(s), but undecided on accepting.
8 5% Seeking employment, but don't yet have a job offer.
2 1% Plan to seek employment later.
7 4% Admitted to continuing education.
2 1% Plan to continue education, but details not firm yet.
1 1% Both seeking employment and applying to continue education.
0 0% Other having nothing to do with employment or continued education.

Continuing education: Graduate, professional school, or other:

View list by undergrad major showing cont. educ. degree / program / institution / location

9 5% Plan to attend OR have accepted admission.

ADVICE SOURCES about continuing education (check ALL that apply)

From what sources did you seek advice about graduate or professional school (or other additional education)?

1 13% Print information such as books or magazines.
5 63% Websites / online information.
3 38% Professors at Virginia Tech.
1 13% Academic advisors at Virginia Tech.
0 0% Pre-professional school advisors at Virginia Tech.
1 13% People who work in the field or profession I'd like to pursue.
3 38% Parents and/or other adult relatives or family friends.
2 25% Peers such as friends and/or brothers or sisters.
0 0% Career & Professional Development.
1 13% Faculty or staff at graduate or professional schools you considered.
0 0% Other

Employment:

View list by undergrad major showing employer /job title / location

145 86% Number / percent of respondents reporting they are employed (Employed, Self-employed, Volunteer and Military)
143 99% Number / percent of total employed who are employed full-time (if indicated)
2 1% Number / percent of total employed who are employed part-time (if Indicated)

SALARY DATA for graduates who accepted FULL-TIME employment

134 92% Number / percent of employed reporting salaries
Not Applicable Not Applicable 25th percentile (25% make this amount or less): $50000
Not Applicable Not Applicable 50th percentile (50% make this amount or less; 50% make more): $58500 (Median)
Not Applicable Not Applicable 75th percentile (75% make this amount or less; 25% make more): $65000
Not Applicable Not Applicable (Percentiles not reported if fewer than 12 graduates reported salary)

BONUS WITH JOB OFFER

Did your job offer include a signing bonus?

138 95% Number / percent of employed who reported whether or not they received bonuses
77 56% Yes
61 44% No
Not Applicable Not Applicable 25th percentile (25% of bonuses were this amount or less): $3000
Not Applicable Not Applicable 50th percentile (50% of bonuses were this amount or less; 50% make more): $5000 (Median)
Not Applicable Not Applicable 75th percentile (75% of bonuses were this amount or less; 25% make more): $5750
Not Applicable Not Applicable (Percentiles not reported if fewer than 12 graduates reported a bonus)

Employment RELATED to CAREER GOALS

Do you consider your job to be related to your career goals and/or to be an entry-level avenue to reach your career goals?

102 71% VERY related to career goals
42 29% SOMEWHAT related to career goals
0 0% NOT related to career goals

Employment RELATED to MAJOR

Do you consider your job to be related to your college major?

99 69% VERY related to major
34 24% SOMEWHAT related to major
11 8% NOT related to major

JOB / EMPLOYER SOURCE

Which best describes the source of your first contact with the employer (organization, company, agency) whose job you accepted?

37 26% Worked for or volunteered with this employer in the past.

Referral or contact through:

2 1% Current or former employer.
9 6% Professor or other faculty or staff member in your department.
22 16% Friend or family member.
6 4% Alumnus/alumna (a graduate) of Virginia Tech.
6 4% Fellow member of club, sorority or fraternity to which you belong.
2 1% Email or posted information from your academic department.
26 18% Career fair or job fair.
14 10% On-Campus Interviewing Program or Hokies4Hire.
6 4% The employer's website.
6 4% Website for job seekers (such as Monster.com, on-line classifieds, etc.).
0 0% Print publication (newspaper, etc.).
5 4% Other.

WHEN JOB SEARCH STARTED

About when did you actively start your job search for your post-graduation job?
(Asked of employed graduates and those with an offer or offers.)

December 2017 graduates
10 40% During spring semester 2017 (more than 6 months prior to degree completion)
5 20% Summer 2017 (4-6 months prior to degree completion)
7 28% September or October 2017 (2-3 months prior to degree completion)
3 12% November or December 2017 (0-1 month prior to degree completion)
0 0% January, February or March 2018 (0-3 months after degree completion)
0 0% After March 2018 (4 or more months after degree completion)
0 0% Not applicable; I obtained an offer without an active job search.
May and Summer 2018 graduates
74 67% Between July and October 2017 (more than 6 months prior to May commencement)
25 23% Between November 2017 and January 2018 (4-6 months prior to May commencement)
7 6% February or March 2018 (2-3 months prior to May commencement)
1 1% April or May 2018, prior to May commencement (0-1 month prior to commencement)
4 4% May commencement to August 2018 (0-3 months after commencement)
0 0% September 2018 or after (4 or more months after May commencement)
0 0% Not applicable; I obtained an offer without an active job search.

NUMBER OF JOB OFFERS

To the best of your recollection, how many job offers have you received?
(Asked of employed graduates and those with an offer or offers.)

67 46% One
45 31% Two
21 14% Three
9 6% Four
4 3% Five or more

WHEN OFFER RECEIVED

About when did you receive the job offer you accepted?

December 2017 graduates
10 45% Before September 2017
6 27% September or October 2017
6 27% November or December 2017
0 0% January, February or March 2018
0 0% After March 2018
0 0% Other
May - summer 2018 graduates
68 69% Before January 2018
15 15% January 2018 through Spring Break 2018
11 11% After Spring Break 2018 - May 2018
4 4% June, July or August 2018
0 0% After August 2018
0 0% Other

Career-related learning and experience during college:

Did you have any kind of career-related experience prior to graduation (types listed)?

154 93% Yes
11 7% No

TYPES OF CAREER-RELATED EXPERIENCE (check ALL that apply)

153 91% Respondents to this question: number and percent of total respondents

What kind of experience did you have? (check ALL that apply)

How many of each?

Number of Respondents
%
Category
 1 2 3 4 5+
46 30% Volunteer work 17 14 7 1 7
48 31% Part-time job 24 13 6 3 2
77 50% Summer job 31 22 14 7 3
22 14% Unpaid internship 20 2 0 0 0
124 81% Paid internship 64 40 16 3 1
0 0% Co-op 0 0 0 0 0
1 1% Undergraduate research 1 0 0 0 0
3 2% Field study 3 0 0 0 0
5 3% Other Not Applicable

EXTENT to which graduates LEARNED JOB SEARCH SKILLS

Which best describes the extent to which you learned job search skills during college?
I learned..

72 45% Most job search skills I needed.
54 34% Some job search skills, but not all I needed to know.
35 22% Nothing or very little.

SOURCES of LEARNING JOB SEARCH SKILLS (check ALL that apply)

If you did learn job search skills,where do you believe you learned them? Please check all that apply.

47 32% Career & Professional Development programs, publications, website, advising, workshops, etc.
65 44% Academic-credit course or seminar in your major department or college.
5 3% Not-for-credit programs or seminars in your major department or college.
66 45% Advisors, professors or staff in your major department or college.
27 18% Other faculty or staff in the university, but not in your major department or college.
87 59% Parents and/or other adult relatives or family friends.
87 59% Peers such as friends and/or brothers or sisters.
50 34% Websites with job search advice (other than Career & Professional Development).
18 12% Books, magazines or other print materials.
10 7% Other

USED CAREER AND PROFESSIONAL DEVELOPMENT DURING COLLEGE:

As best as you can recall: During college did you use any the resources provided by Career & Professional Development?

15 9% Never
22 14% Don't recall or unsure
108 68% Yes, but not often
15 9% Yes, often

Regrets:

If you had to do it over again, is there anything related to planning for life after college that you would do differently?

74 47% No. For the most part, I did what I needed to do to achieve my goals.
85 53% Yes. I wish I had done something differently.

If yes, please check ALL that apply. (Percentages are of "Yes" respondents, not total respondents.)
I wish I had...

18 22% Learned more about graduate or professional school earlier.
41 50% Gotten more experience related to my major or career goals.
37 45% Learned more about career options and/or learned earlier.
30 37% Started my job search earlier.
13 16% Used more or different job search resources.
30 37% Asked professors and/or other advisors for advice (more often, earlier, or at all).
7 9% Other