Top employers for Dartmouth's 2008 graduating class include Bain, Goldman Sachs and McKinsey, which are almost all high-paying posts. Yet two other big employers of recent grads fall on the other end of the pay scale: Teach for America and the Peace Corps. Both organizations are focused on helping the less fortunate and require two-year commitments. So how do Dartmouth grads, many starting at nonprofits, leapfrog their peers when it comes to compensation as they gain more experience?
"Dartmouth produces well-rounded people who can move into senior-level positions easily," says Monica Wilson, associate director of career services at the school. Another important factor in the success of Dartmouth grads is an extremely tight and loyal alumni network. Dartmouth is located in tiny Hanover, N.H., and is the smallest of the Ivy League schools with 4,100 undergrad students enrolled. Yet the alumni network is extremely impressive and stretches from Daniel Webster to Treasury Secretary Henry Paulson during its 239 year history. Other prominent grads include General Electric head Jeffrey Immelt, eBay chief John Donahoe and former IBM boss Louis Gerstner.
Let the record show that I arrived at Dartmouth 14 years ago this week and taught my first finance class to members of the class of 1995 shortly thereafter. I'm surprised it had such an immediate impact on these statistics ...<!--break-->