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Carnegie Mellon SCS grads are tops in salary, says nerdwallet

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Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#31
post #3

Earlier quoted context omitted.

I'm not sure I agree, for many reasons. 1 - a lot of grads have loans to pay off, and that $100k/yr job sure helps get it done quickly so you can focus on anything you want without that on your back. 2 - That $100k/yr job can help you meet a lot of great people to work on projects with at a later time. A lot of SCS grads come out having done nothing but stare at code for 4 years (I'm one, and I was saddened by the nu…

You are spot on with most of that, but #3 is not exactly true. When you sign on for $100k/yr you are almost guaranteed to have signed a non-compete clause, as well as a clause generally surrendering rights to novel work. It's somewhat of a blurry, contentious line I don't well understand, but if you are working for Google chances are you can't incubate a software startup by moonlight.

I agree - but I'd say Google is a bit of an outlier. Many software companies have non-competes with more limited scope by virtue of their product being related to one specific industry that you can't compete with.

So maybe its more of a "maybe you can" thing.

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#33
post #3

Earlier quoted context omitted.

I'm not sure I agree, for many reasons. 1 - a lot of grads have loans to pay off, and that $100k/yr job sure helps get it done quickly so you can focus on anything you want without that on your back. 2 - That $100k/yr job can help you meet a lot of great people to work on projects with at a later time. A lot of SCS grads come out having done nothing but stare at code for 4 years (I'm one, and I was saddened by the nu…

You are spot on with most of that, but #3 is not exactly true. When you sign on for $100k/yr you are almost guaranteed to have signed a non-compete clause, as well as a clause generally surrendering rights to novel work. It's somewhat of a blurry, contentious line I don't well understand, but if you are working for Google chances are you can't incubate a software startup by moonlight.

I am not a lawyer, but it might be worth talking to one especially if you are in California and interested in moonlighting.

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#34
post #2

CMU grad here, let me chime in a few words if I may... As much as I am proud to hear that Carnegie Mellon SCS grads are making the top $, it saddens me a bit to realize that our graduates are playing it too safe. I don't have the exact numbers, but my guess is that the percentage of CMU grads doing startups is probably at a much lower number rate than other top tier tech schools like MIT and Stanford. As a result, wh…

Another CMU grad here, and I can't agree more.

Attention all new CMU SCS grads: I envy you. You have the brains, the skills, and the YOUTH to do whatever you want! DO IT! It doesn't have to be a startup, but it should be something that you really really want to do and would do even for free. You literally have nothing to lose.

If you think you would work for someone else for free - then do it. The minute you take a job for the pay however, you're on the slippery slope of selling your soul for money.

You can always make money. Your youth is ticking away by the minute. You will never get it back.

I graduate from CMU 6 years ago. I took the safer route. Instead of searching for something I am passionate about, I settled for the paycheck. It took me 4 years to gather up enough courage to admit that I was miserable on the paycheck treadmill.

See, when you work for a paycheck, you sell yourself to the person in control of your pay - your manager. Your incentive is to please your manager so that you can get your raise. Often times, this means that you have to compromise your own judgement to be “in alignment with the management”. Each time you compromise your own judgement, you actually become more adversed to making your own judgement. And as you lose your sense of judgement, you lose your confidence in yourself to do any differently. This is when you are really in trouble. You become risk adverse: the more you compromise your soul to gain your material belongings, the more you become committed to holding on to your material goods for dear life.

I saw this happening to myself but I didn't have enough courage to just quit outright, so I took the only other socially (parentally) acceptable route: go back to school.

At my MBA program I found a whole collection of folks similar to me. Regardless of whatever we wrote on the application to get in, most of us were just soul searching. Searching for the meaning of our lives beyond our paychecks. There, I observed a phenomenon. The “I want to do something else BUT” disease. Usually, the BUT is a “but I have sustain my materialistic life”. So even as most of us were soul searching, by far the majority went right back onto the paycheck treadmill. And that is sad. Really sad.

Avoid the treadmill altogether and you will be happier for it. If you can’t, if you need the money to sustain yourself and your family, then at the very least keep your conciseness in check and remember that you’re just working for a paycheck. In your spare time, do what you truly want to be doing, challenge yourself and don’t listen to what the majority wants you to do. Be different. You only live once. Live it.

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#35
post #16
post #5

Earlier quoted context omitted.

I think your chances of succeeding in your startup increase tremendously if you've taken a couple of years to work at another startup, see what is required to make it work, and see what problems you want to avoid, before starting your own. I also think, for CMU in particular, students have less exposure to the Silicon Valley startup culture than Stanford students. Hopefully that is better now than when I went, but be…

Well of course CMU students have less exposure to the Silicon Valley startup culture than Stanford students. One is right down the road, the other is on the opposite side of the country.

http://www.cmu.edu/silicon-valley/

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#36
post #3
post #2

CMU grad here, let me chime in a few words if I may... As much as I am proud to hear that Carnegie Mellon SCS grads are making the top $, it saddens me a bit to realize that our graduates are playing it too safe. I don't have the exact numbers, but my guess is that the percentage of CMU grads doing startups is probably at a much lower number rate than other top tier tech schools like MIT and Stanford. As a result, wh…

I'm not sure I agree, for many reasons. 1 - a lot of grads have loans to pay off, and that $100k/yr job sure helps get it done quickly so you can focus on anything you want without that on your back. 2 - That $100k/yr job can help you meet a lot of great people to work on projects with at a later time. A lot of SCS grads come out having done nothing but stare at code for 4 years (I'm one, and I was saddened by the nu…

Number 1 is also a big one. Stanford is a much more finically generous school. I go to CMU currently, and I have a friend in the same income range as me that goes to stanford, and I pay almost double what he does.

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#37
post #32

Anyone knows why Berkeley, Stanford, Harvard, etc, don't even appear? Were they not included in the study? And if so, can the study still be considered meaningful?

It says at the bottom: "some schools do not report salary data."

http://www.nerdwallet.com/blog/education/college-and-career-...

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#38
post #32

Anyone knows why Berkeley, Stanford, Harvard, etc, don't even appear? Were they not included in the study? And if so, can the study still be considered meaningful?

I know for a fact that Stanford CS majors are making on average $80,000 per annum upon graduating from the undergrad program. A document circulating the CS mailing lists a while ago had all the figures. Note that despite the increasing difficulty to dismiss its allure, I am not a CS major.

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#39
fk u and all your money. I am from pakistan and only the best of the best news about u fellows make it here for us to inspire from . this is the first time i am hearing about a college called CMU. I have heard MIT, Stanford, Harvard and i believe they are the shit. U guys,, never. STart doing something for the effin world. My dad makes more money selling garments here for sure. Steve jobs was not from any of these college right? idiots. paisa and paisa. and wtf is nerd wallet. why would u go to that site also?

Re: Carnegie Mellon SCS grads are tops in salary, says nerdwallet

#40

Earlier quoted context omitted.

Because he looks at it as a waste of human potential. Most rational humans are disturbed by as much.

Not working at a startup is a waste of human potential? You're going to have to elaborate on that, as that's extraordinarily disrespectful to pretty much everybody else in computing.

The statement was speculation on the op'viewpoint, not an assertion regarding human potential.
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