As far as placements go things are looking pretty good here, especially in the Computer Science field. Most of my batch mates went on to join financial/consulting firms but that was mainly because on Penn being on the east coast and those are the type of companies which come to Penn for direct placements. Packages are usually in the range of 60K-80K depending upon the company, the work and of course your own capability. It also usually depends on the area you are located. The east coast and west coast being the places you get the max. The job market currently seems to be pretty stable with most of the graduates getting job as soon as they come out of school.