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Post-MBA salaries

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Intern
Intern
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Status: Studying
Joined: 09 Dec 2012
Posts: 26
Location: Russian Federation
Concentration: Finance, Strategy
GMAT Date: 04-06-2013
GPA: 3.6
WE: Consulting (Insurance)
Followers: 0

Kudos [?]: 14 [0], given: 0

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Post-MBA salaries [#permalink] New post 19 Feb 2013, 01:01
The value of an MBA has been already thouroughly discussed.
I understand it's mostly positive.

Could someone please comment on the following.
It's an extract from the Columbia Employment Report (in the attachment)

How does it turn out that people get 30K salary and a 2,5k bonus after graduation??

Some insight would be greatly appreciated
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Current Student
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Joined: 09 Sep 2012
Posts: 49
Concentration: Strategy, General Management
GMAT 1: 760 Q50 V42
WE: Consulting (Computer Software)
Followers: 0

Kudos [?]: 10 [0], given: 15

Re: Post-MBA salaries [#permalink] New post 19 Feb 2013, 01:19
lololol650 wrote:
The value of an MBA has been already thouroughly discussed.
I understand it's mostly positive.

Could someone please comment on the following.
It's an extract from the Columbia Employment Report (in the attachment)

How does it turn out that people get 30K salary and a 2,5k bonus after graduation??

Some insight would be greatly appreciated


The statistic doesn't say if the same person is at the lower range of both base salary and bonus. It might very well be that one graduate got a very low base with a very high potential bonus. Likewise someone might have a contract with more or less only base salary.

Anyways, these are outliers and there are a thousand different situations that can cause them. If the salary is important to you, I suggest focusing on the median or 80% range.
Intern
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Joined: 14 May 2013
Posts: 2
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Re: Post-MBA salaries [#permalink] New post 14 May 2013, 09:49
Hey !

Generally, the salary depends upon which department you belong to. Some of the factors that should be considered are listed below:

• The salary of a trainee in marketing department is different from that of a trainee in Finance department.
• Your credentials also play a vital role in the salary. The more your qualification match with the job profile, more is the chance of you earning more money.

Check out this website: Zuby.in. It gives a detailed description of the current salary status.
Intern
Intern
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Joined: 14 Jun 2012
Posts: 27
Concentration: Strategy, Technology
Schools: Goizueta '15 (D)
GMAT 1: 640 Q47 V32
GMAT 2: 640 Q47 V32
GMAT 3: 730 Q49 V40
WE: Information Technology (Computer Software)
Followers: 2

Kudos [?]: 15 [0], given: 9

Re: Post-MBA salaries [#permalink] New post 14 May 2013, 11:54
lololol650 wrote:
The value of an MBA has been already thouroughly discussed.
I understand it's mostly positive.

Could someone please comment on the following.
It's an extract from the Columbia Employment Report (in the attachment)

How does it turn out that people get 30K salary and a 2,5k bonus after graduation??

Some insight would be greatly appreciated


lololol650,
I believe the data is given in USD. It is possible that the lower range salaries are international salaries reported in USD. eg: 30,000 USD is INR 16.2 lacs which is very good pay in India for a consultant.
Re: Post-MBA salaries   [#permalink] 14 May 2013, 11:54
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