Wall Street professionals come from a variety of college degrees and majors, but some are more lucrative than others.
Emolument, a salary-benchmarking website, gathered data on 2,800 finance professionals at the analyst, associate, vice president, director, and managing director levels and looked at which degrees earned them the most money.
At the more senior levels, one degree comes out on top, and it may not be the one you expect.
Masters in Science, rather than MBAs, earn the most money at the VP, director, and managing director levels.
The data helps shed some light on how much Wall Streeters earn at various stages of their careers based on their college degrees.
Here’s a look at the results.
The highest-paid analysts have MBA degrees. Of course, the majority of analysts only hold Bachelors, rather than Masters, degrees.
At the associate level, the highest earners have MBAs as well, followed by Masters in Finance.
Master of science grads take home the highest salaries at the vice-president level, followed closely by MBAs.
Masters of science holders also earn the highest salaries at the director level, with an average $ 265,000 base salary and $ 269,000 bonus.
At the most senior level, managing director, it’s a close call, but masters in science-holders come out ahead with a total $ 805,000 compensation on average.
There was not enough data to include Bachelor of Arts holders at the MD level.