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.
