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Anybody scared of low salary post MBA from top college?

Author Message
Manager
Joined: 03 Aug 2012
Posts: 101
Concentration: Operations, General Management
GMAT 1: 740 Q50 V40
GPA: 3.85
WE: Analyst (Consulting)
Followers: 4

Kudos [?]: 40 [0], given: 8

Anybody scared of low salary post MBA from top college? [#permalink]

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14 Aug 2013, 04:04
Hi Guys,

As I am done with my GMAT, I was seeing all the college sites - their course structure and career statistics, something just caught off my eyes; something which has not been ever discussed alot by anybody on GMATCLUB

As I went through Fuqua and Tepper's site, please find below the links

http://www.fuqua.duke.edu/documents/mba ... 011-12.pdf

and http://kelley.iu.edu/MBA/Careers/Statis ... 20163.html

I noticed that the lowest salaries for the colleges in question are $25k and$28k - I got shivers in my spine seeing these numbers mainly because I dont want to be left with a low-paying job after investing a lot into my MBA fees and expenditure.

Please let me know if I am missing some anything.
Senior Manager
Joined: 31 Oct 2011
Posts: 484
Schools: Johnson '16 (M)
GMAT 1: 690 Q45 V40
WE: Asset Management (Mutual Funds and Brokerage)
Followers: 38

Kudos [?]: 217 [1] , given: 57

Re: Anybody scared of low salary post MBA from top college? [#permalink]

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14 Aug 2013, 04:19
1
KUDOS
rishi0109 wrote:
Hi Guys,

As I am done with my GMAT, I was seeing all the college sites - their course structure and career statistics, something just caught off my eyes; something which has not been ever discussed alot by anybody on GMATCLUB

As I went through Fuqua and Tepper's site, please find below the links

http://www.fuqua.duke.edu/documents/mba ... 011-12.pdf

and http://kelley.iu.edu/MBA/Careers/Statis ... 20163.html

I noticed that the lowest salaries for the colleges in question are $25k and$28k - I got shivers in my spine seeing these numbers mainly because I dont want to be left with a low-paying job after investing a lot into my MBA fees and expenditure.

Please let me know if I am missing some anything.

Whenever I see those bottom numbers in the range, I always think that they are people that went to 1 or 2 places. The first would be an early stage startup, where you're salary is very small, but perhaps you have a significant equity arrangement. The other is working internationally in a developing country. If you're working in Nigeria, I'd go out on a limb and say they won't be paying you 100k USD, as the cost of living there is way different.

Whatever the scenario is, I imagine the grads that have those salary numbers took those jobs knowing the situation. I do not think those numbers are grads that had no other option than to take a hourly job at McDonalds, lol.

I could be wrong - but that is just my 0.02.
_________________

My Applicant Blog: http://hamm0.wordpress.com/

Manager
Joined: 03 Aug 2012
Posts: 101
Concentration: Operations, General Management
GMAT 1: 740 Q50 V40
GPA: 3.85
WE: Analyst (Consulting)
Followers: 4

Kudos [?]: 40 [0], given: 8

Re: Anybody scared of low salary post MBA from top college? [#permalink]

Show Tags

14 Aug 2013, 05:57
hamm0 wrote:
rishi0109 wrote:
Hi Guys,

As I am done with my GMAT, I was seeing all the college sites - their course structure and career statistics, something just caught off my eyes; something which has not been ever discussed alot by anybody on GMATCLUB

As I went through Fuqua and Tepper's site, please find below the links

http://www.fuqua.duke.edu/documents/mba ... 011-12.pdf

and http://kelley.iu.edu/MBA/Careers/Statis ... 20163.html

I noticed that the lowest salaries for the colleges in question are $25k and$28k - I got shivers in my spine seeing these numbers mainly because I dont want to be left with a low-paying job after investing a lot into my MBA fees and expenditure.

Please let me know if I am missing some anything.

Whenever I see those bottom numbers in the range, I always think that they are people that went to 1 or 2 places. The first would be an early stage startup, where you're salary is very small, but perhaps you have a significant equity arrangement. The other is working internationally in a developing country. If you're working in Nigeria, I'd go out on a limb and say they won't be paying you 100k USD, as the cost of living there is way different.

Whatever the scenario is, I imagine the grads that have those salary numbers took those jobs knowing the situation. I do not think those numbers are grads that had no other option than to take a hourly job at McDonalds, lol.

I could be wrong - but that is just my 0.02.

Post putting down my question, even I thought on the same lines as mentioned by you and I personally do believe in this logic.

But thanks for a quick response on my query.
BSchool Forum Moderator
Status: Current Tuckie!
Joined: 19 Oct 2012
Posts: 543
Location: United Kingdom
Schools: Tuck '16 (M)
GMAT 1: 710 Q50 V36
GMAT 2: 740 Q48 V44
Followers: 28

Kudos [?]: 195 [0], given: 105

Re: Anybody scared of low salary post MBA from top college? [#permalink]

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14 Aug 2013, 08:16
I will add also that some people opt to work for not for profits. Some schools have loan forgiveness or grants specifically for those that wish to take those not for profit roles that may have low pay.
Manager
Joined: 28 Dec 2012
Posts: 115
Location: India
Concentration: Strategy, Finance
GMAT 1: Q V
WE: Engineering (Energy and Utilities)
Followers: 3

Kudos [?]: 61 [0], given: 90

Re: Anybody scared of low salary post MBA from top college? [#permalink]

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25 Nov 2013, 13:03
hamm0 wrote:
rishi0109 wrote:
Hi Guys,

As I am done with my GMAT, I was seeing all the college sites - their course structure and career statistics, something just caught off my eyes; something which has not been ever discussed alot by anybody on GMATCLUB

As I went through Fuqua and Tepper's site, please find below the links

http://www.fuqua.duke.edu/documents/mba ... 011-12.pdf

and http://kelley.iu.edu/MBA/Careers/Statis ... 20163.html

I noticed that the lowest salaries for the colleges in question are $25k and$28k - I got shivers in my spine seeing these numbers mainly because I dont want to be left with a low-paying job after investing a lot into my MBA fees and expenditure.

Please let me know if I am missing some anything.

Whenever I see those bottom numbers in the range, I always think that they are people that went to 1 or 2 places. The first would be an early stage startup, where you're salary is very small, but perhaps you have a significant equity arrangement. The other is working internationally in a developing country. If you're working in Nigeria, I'd go out on a limb and say they won't be paying you 100k USD, as the cost of living there is way different.

Whatever the scenario is, I imagine the grads that have those salary numbers took those jobs knowing the situation. I do not think those numbers are grads that had no other option than to take a hourly job at McDonalds, lol.

I could be wrong - but that is just my 0.02.

Hi,

Just check out the link below:

This is a very recent placement report of INSEAD. Minimum salary is 17,200 Euros!!

Even I got a chill in the spine...
_________________

Impossibility is a relative concept!!

Manager
Joined: 28 Dec 2012
Posts: 115
Location: India
Concentration: Strategy, Finance
GMAT 1: Q V
WE: Engineering (Energy and Utilities)
Followers: 3

Kudos [?]: 61 [0], given: 90

Re: Anybody scared of low salary post MBA from top college? [#permalink]

Show Tags

25 Nov 2013, 13:07
hamm0 wrote:
rishi0109 wrote:
Hi Guys,

As I am done with my GMAT, I was seeing all the college sites - their course structure and career statistics, something just caught off my eyes; something which has not been ever discussed alot by anybody on GMATCLUB

As I went through Fuqua and Tepper's site, please find below the links

http://www.fuqua.duke.edu/documents/mba ... 011-12.pdf

and http://kelley.iu.edu/MBA/Careers/Statis ... 20163.html

I noticed that the lowest salaries for the colleges in question are $25k and$28k - I got shivers in my spine seeing these numbers mainly because I dont want to be left with a low-paying job after investing a lot into my MBA fees and expenditure.

Please let me know if I am missing some anything.

Whenever I see those bottom numbers in the range, I always think that they are people that went to 1 or 2 places. The first would be an early stage startup, where you're salary is very small, but perhaps you have a significant equity arrangement. The other is working internationally in a developing country. If you're working in Nigeria, I'd go out on a limb and say they won't be paying you 100k USD, as the cost of living there is way different.

Whatever the scenario is, I imagine the grads that have those salary numbers took those jobs knowing the situation. I do not think those numbers are grads that had no other option than to take a hourly job at McDonalds, lol.

I could be wrong - but that is just my 0.02.

Hi,

Just check out the link below:

This is a very recent placement report of INSEAD. Minimum salary is 17,200 Euros!!

Even I got a chill in the spine... specificalyy because INSEAD is NOT a 2 yr programme and it has batch with significant work-ex.
_________________

Impossibility is a relative concept!!

Re: Anybody scared of low salary post MBA from top college?   [#permalink] 25 Nov 2013, 13:07
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