First Destination Report: 2021-2022 Undergraduate Degree Recipients for Finance

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

Response Rate

Number of Respondents %
Category
266 Not Applicable Total Graduates
168 63% Reported first destination / respondents
98 37% Unreported / non-respondents

Outcome

What are you primarily doing after graduation?
142 85% Working
1 1% Military
0 0% Volunteering
8 5% Continuing Education
0 0% Fellowship
15 9% Still Seeking Employment
2 1% Still Seeking Continuing Education
0 0% Not Seeking (traveling, gap year, taking time off, other)

Continuing Education Details

Respondents who indicate continuing education are asked to report their institution and location, and their degree level and program of study.

View list by undergrad major of continuing education degrees, institution, and locations

Working Details

Respondents who indicate working are asked to report their employer, position title, and location.

View list by undergrad major of employers, job titles, and locations

Salary and Bonus

Question for working and military respondents Note
Medians are shown when four or more individuals reported salary or bonus.
See Salary Detail Report which includes 25th and 75th percentiles where sufficient Ns were reported.
See Bonus Detail Report which provides more detail on numbers and percentages reporting.
113 79% Number and percent of working and military who reported salary.
Not Applicable Not Applicable Salary median for full-time working and military: $65000
52 36% Number and percent of working who reported receiving a bonus above $0.
Not Applicable Not Applicable Bonus Median: $5000

Job Source

Question for working respondents.

Regarding the job you accepted: Which best describes the way you first made contact with this employer?

8 6% Worked / volunteered with this employer in the past.
34 24% Knew / met the employer through someone I know (networking).
24 17% Career fair.
10 7% Handshake.
1 1% On-Campus Interviewing Program (employer interviewed in Smith Career Center).
20 14% Went directly to employer website.
7 5% Used job-seeker website, other than Handshake.
10 7% Information posted or messaged from my academic department.
5 4% Employer spoke at a presentation I attended.
23 16% Did not answer

Job related to Career Goals

Question for working respondents.

Do you consider your job to be related to your career goals?

93 65% Very
30 21% Somewhat
3 2% Not
16 11% Did not answer

Job Related to Major

Question for working respondents.

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

93 65% Very
27 19% Somewhat
6 4% Not
16 11% Did not answer

Number of Job Offers

Question for working respondents.

As best as you recall, how many job offers have you received?

45 32% One
41 29% Two
20 14% Three
11 8% Four
5 4% Five or more
16 11% Did not answer

Career Planning and Preparation

Learned Job Search Skills | Source of Learning

Questions for working and still seeking employment respondents.

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

61 39% Learned most that I needed.
69 44% Learned some, but not all, that I needed.
8 5% Learned nothing, or very little
19 12% Did not answer

If you learned job search skills, where did you learn them? Check all that apply.

63 40% Career & Professional Development; advising, presentations, website, resource center.
10 6% Career Planning Guide; booklet free to VT students from CPD.
7 4% Other books, magazines, print materials.
56 36% Websites external to Virginia Tech.
55 35% Academic-credit course in my major or college.
5 3% Not-for-credit program in my major or college.
69 44% Advisors, staff, professors in my major or college.
12 8% Other VT advisors, staff, professors, NOT in my major or college.
72 46% Employers, mentors at jobs, internships.
85 54% Parents, adult relatives, family friends.
67 43% Peers.
29 18% Did not answer

Advising on Continuing Education

Question for continuing education respondents only.

Where did you get advice about graduate or professional school? Check all that apply.

3 38% Professors at Virginia Tech.
1 13% Academic advisors at Virginia Tech.
0 0% Pre-professional school advisors at Virginia Tech.
0 0% Career center advisors at Virginia Tech.
1 13% Professionals working in the field I want to pursue.
1 13% Faculty or staff at the graduate or professional schools I considered.
4 50% Websites of the graduate or professional schools I considered.
0 0% Websites about professions and graduate schools.
2 25% Parents, adult relatives
3 38% Peers.
0 0% Print information: books, magazines, etc.
1 13% Did not answer
Experience during College
Questions for all respondents.

Did you have any type of career-related experience during college?

125 74% Yes
19 11% No
24 14% Stated prefer not to answer OR did not answer
TYPES OF EXPERIENCE OTHER THAN INTERNSHIPS
Questions for all respondents.

If you had any of the following types of experience, check all that apply.

13 8% Volunteer work
51 30% Part-time job
99 59% Summer job
3 2% Co-op
3 2% Undergraduate research
0 0% Field study
56 33% Did not answer
INTERNSHIP EXPERIENCE
Questions for all respondents.

Did you have any type of internship during college (including paid, unpaid, or both)?

114 68% Yes
10 6% No
40 26% Stated prefer not to answer OR did not answer

Question asked to those who responded “yes” to had internship:
How many unpaid internships did you have?
("unpaid" meaning no monetary compensation, such as wage, salary, or stipend)

92 55% None
15 9% One
4 2% Two
3 2% Three or more
54 32% Did not answer OR question not applicable

Question asked to those who responded “yes” to had internship:
How many paid internships did you have?
("paid" meaning monetary compensation, including wage, salary, or stipend)

5 3% None
46 27% One
43 26% Two
20 12% Three or more
54 32% Did not answer OR question not applicable
NO INTERNSHIPS; REASONS
Question asked to those who responded “no” to had internship:

You said you did not have any internships during college. Please check any of the following that are applicable to you.

6 4% I did not need an internship. I had other forms of experience relevant to my career goals and/or major
8 5% I did not know all the possible sources to find an internship
7 4% I did not have all the job search skills I needed to secure an internship
5 3% I did not have all the qualifications employers required
1 1% Unpaid internships are the norm in my field, and I could not afford to work without pay
7 4% I could not find an internship in the geographic location I wanted
5 3% I could not find an internship with timing that worked for my schedule
6 4% I was offered an internship, but it was cancelled by the employer (due to economic issues, such as the pandemic, or other causes)
0 0% I was offered an in-person internship at a location to which I could not relocate due to costs
141 84% Did not answer OR question not applicable

Used Career Center

Question for all respondents.

As you recall: During college, did you use any resources provided by the Virginia Tech career center? (could include advising, books, workshops, publications, website, Handshake, employment interviews, etc.)

21 13% Never
22 13% Don't recall or unsure
85 51% Yes, but not often
17 10% Yes, often
23 14% Did not answer

Regrets

Question for all respondents.

If you could start over in college, is there anything you would do differently related to career planning

74 44% No. Mostly I did what I needed to achieve my goals.
73 43% Yes. I would do something differently.
21 13% Did not answer

If yes, please check all that apply.
I wish I had...

64 38% Learned more, or earlier, about career options.
13 8% Learned more, or earlier, about graduate or professional school.
40 24% Asked advisors, staff, professors for advice, earlier, or more often.
44 26% Gotten more experience related to my major or career goals.
43 26% Started my job search earlier.
14 8% Used more or different job search resources.
81 48% Did not answer