Sunday 12 January 2014

You can now have a six figure pay with your MBA degree



MBA is one such degree which is famous among the learners all around the globe. In the year 2008, the MBA’s in New York had a great time. Most of the management degree holders had already got a job and when Lehman Brothers filed for bankruptcy in the mid-September in Wall Street, the MBA graduates were already settled well at work and hence, they didn’t face any crisis. So, it is easy to say that way back in 2008, MBA’s had good job options in hand. The graduates from the Harvard Business School started with salary of around $14,261. Also, the ones from the School of Business had an average salary or $140,771.

MBA graduates in  Minessota, Emory and Duke’s University have got rise in their salaries!



But soon, the global fiscal crisis happened and the job market as well as the pay package of the MBA’s faced threat. For the MBA graduates last year, they got salaries less than their counterparts back in the year 2008. But there are some of the universities which have managed to acquire a good job for their MBA graduates. For example, the Goizueta School of the Emory University, the Carlson School of the Minnesota University, and the Fuqua School of Business in the Duke University have increased their salary as well bonus for their MBA graduates by 14.8%, 13.6% and 11.2% respectively.



The MBA graduates from these universities even got bonus payments and the Fuqua’s 2012 class of MBA graduates started getting $136,461 approximately as their starting salaries. This sum is excluding the travel allowances, stock grants, tuition reimbursements, or any other yearend bonuses. All these data is extracted from the U.S. News &World Report and was published in the annual ranking and the MBA programmes got listed as the best full-time MBA courses in the U.S. One of the facts about proposing these courses as the best one is that the graduates get job soon after getting the degree and also the starting salaries are very satisfying for them.

Being in the U.S. the average pay package for MBA graduates in 39 universities are of 6 digits!




There are 39 different B Schools in the U.S. which offers great salary to the graduates. This six figured salary structure is what is most attractive for the learners all around the globe. If we look back in the past, only 5 universities of these 39 universities used to acquire the graduates with a 6 figure pay package. But now, all of these 39 universities assure the learners handsome pay package for the learners. Who could have known that the learners from the Dartmouth Tuck’s MBA have got better paid than the ones from Wharton or Chicago Booth or even the North Western? Also, do you know who got the next highest paid after Harvard and Stanford? It’s the MBA graduates of MIT Sloan. They have got last year, according to a report, an average salary and bonus of $139,035.

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