The annual Caltech student employment survey, conducted by the school's career development center, found that the mean salary offers made to June 1991 graduates were higher than those made to the previous year's class. The rise occurred despite the recession and its dampening effect on hiring.
Master's graduates, for instance, reported receiving a mean salary offer of $41,990, a 7.1 percent increase over the mean offer made to 1990 graduates. And Ph.D. grads saw their mean job offers jump 8.8 percent, to $54,330. Bachelor's grads garnered slight increases; their mean salary offers rose just 0.4 percent, to $36,450.
The results marked the seventh consecutive year that the mean salary offers reported by recent Caltech grads rose. Campus recruiters conducted 2,266 interviews last year, nearing 1989's record level.
Yet the number of companies that interviewed on campus--132- - was the smallest in five years, and the number of job offers made ...
