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BSchool Forum Moderator
Joined: 27 Aug 2012
Posts: 1182
Followers: 114

Kudos [?]: 1061 [0], given: 137

Expert's post
Hi Jon,
I found on your website(school guides' section) that the average Salary increase and average Salary for the schools (of course,on an average basis) have been roughly 100% and $100,000.00 respectively. Could you please explain it in detail what does it actually mean..? Just to check if I've got it right : Say,my salary post MBA is$100,000.00 for 1st year.then after 2 years job it'll be around $400,000.00 and so on..of course up to a limit I think Appreciate your feedback on this. _________________ Admissionado Joined: 30 Nov 2009 Posts: 4541 Location: Chicago, IL Schools: Brown University, Harvard Business School Followers: 58 Kudos [?]: 760 [0], given: 42 Re: need info on Admissionado School guide data [#permalink] 11 Dec 2012, 04:45 Expert's post Oh! if that were only the case!!!!! The salary increase statistics (which by the way are collected for the most part from Businessweek and Financial Times statistics) are in general salary measures of alumni three years after graduation. And it's a one time thing. So it's not as if this happens every year. _________________ Jon Frank Founder, Admissionado If you like the post, give it a KUDOS! BSchool Forum Moderator Joined: 27 Aug 2012 Posts: 1182 Followers: 114 Kudos [?]: 1061 [0], given: 137 Re: need info on Admissionado School guide data [#permalink] 11 Dec 2012, 05:00 Expert's post JonAdmissionado wrote: Oh! if that were only the case!!!!! The salary increase statistics (which by the way are collected for the most part from Businessweek and Financial Times statistics) are in general salary measures of alumni three years after graduation. And it's a one time thing. So it's not as if this happens every year. Aha..!That's why it sounds so much.. Thanks Jon for your clarification..! Just to check whether I got it right : So if we consider post MBA salary is$100,000.00 at the beginning of 1st year at job,then on the 4th year it'll be probably $200,000.00 as per statistical report.Please let me know if I'm correct ? _________________ Admissionado Joined: 30 Nov 2009 Posts: 4541 Location: Chicago, IL Schools: Brown University, Harvard Business School Followers: 58 Kudos [?]: 760 [0], given: 42 Re: need info on Admissionado School guide data [#permalink] 12 Dec 2012, 04:07 Expert's post Hmmm not necessarily... statistics are much more complicated than that. These are statistics of averages and not predictive statistics... You can assume for example that there are lots of people who are coming in with 20-30K salaries only because they come from countries where salaries are much lower, and they are likely seeing percentage hikes much higher than those of folks who are already making six figures.. _________________ Jon Frank Founder, Admissionado If you like the post, give it a KUDOS! BSchool Forum Moderator Joined: 27 Aug 2012 Posts: 1182 Followers: 114 Kudos [?]: 1061 [0], given: 137 Re: need info on Admissionado School guide data [#permalink] 12 Dec 2012, 04:34 Expert's post JonAdmissionado wrote: Hmmm not necessarily... statistics are much more complicated than that. These are statistics of averages and not predictive statistics... You can assume for example that there are lots of people who are coming in with 20-30K salaries only because they come from countries where salaries are much lower, and they are likely seeing percentage hikes much higher than those of folks who are already making six figures.. OMG..! you're going deep..Please allow me to understand the scenario. 1.Are you saying that ,people of 24-30 age group(typical 2 year FT MBA applicants) in countries like US,having Finance/Engineering background already making six figure prior to their MBA? Well, of course, in countries like India/China etc. that is not the case as we all know 2.If we consider the whole scenario from the perspective of Post MBA job ONLY (mainly for US B-schools as listed in your website) irrespective of demographics, then as the base salary we are to consider only the salary after completion of MBA in US for any graduate of that US B-school (may be he/she's is from US/UK/Europe/Asia) and say,if that salary is what I mentioned in my last post i.e.$100,000.00 after completion of MBA then how do you see the salary increase in 3-4 years down the line from this point ?

Would really appreciate your feedback on this !
_________________
Joined: 30 Nov 2009
Posts: 4541
Location: Chicago, IL
Schools: Brown University, Harvard Business School
Followers: 58

Kudos [?]: 760 [0], given: 42

Expert's post
1. Again it's very hard to generalize, but no, most people in their first three years of work after school even in the US aren't make six figures. I wanted just to point out, that if you were looking for something that would be predictive in your case, it would be better for you to consider demographics.
2. In general, even if it's not exactly predictive, but yes, this is what the past has shown to be the case

_________________

Jon Frank

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BSchool Forum Moderator
Joined: 27 Aug 2012
Posts: 1182
Followers: 114

Kudos [?]: 1061 [0], given: 137

Expert's post
1. Again it's very hard to generalize, but no, most people in their first three years of work after school even in the US aren't make six figures. I wanted just to point out, that if you were looking for something that would be predictive in your case, it would be better for you to consider demographics.
2. In general, even if it's not exactly predictive, but yes, this is what the past has shown to be the case

_________________
Joined: 30 Nov 2009
Posts: 4541
Location: Chicago, IL
Schools: Brown University, Harvard Business School
Followers: 58

Kudos [?]: 760 [0], given: 42

Expert's post
You got it, dude...
_________________

Jon Frank

If you like the post, give it a KUDOS!

BSchool Forum Moderator
Joined: 27 Aug 2012
Posts: 1182
Followers: 114

Kudos [?]: 1061 [0], given: 137

Expert's post
Hey Jon,
If not, could you please shot a reply on that through PM ?
_________________
Joined: 30 Nov 2009
Posts: 4541
Location: Chicago, IL
Schools: Brown University, Harvard Business School
Followers: 58

Kudos [?]: 760 [0], given: 42

Expert's post
No no,, I meant like "no problem dude"...
I'll get to your PM shortly
_________________

Jon Frank

If you like the post, give it a KUDOS!

BSchool Forum Moderator
Joined: 27 Aug 2012
Posts: 1182
Followers: 114

Kudos [?]: 1061 [0], given: 137

Expert's post
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