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need info on Admissionado School guide data

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need info on Admissionado School guide data [#permalink] New post 08 Dec 2012, 03:35
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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.
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Re: need info on Admissionado School guide data [#permalink] New post 11 Dec 2012, 04:45
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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.
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Re: need info on Admissionado School guide data [#permalink] New post 11 Dec 2012, 05:00
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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 ?
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Re: need info on Admissionado School guide data [#permalink] New post 12 Dec 2012, 04:07
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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..
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Re: need info on Admissionado School guide data [#permalink] New post 12 Dec 2012, 04:34
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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 !
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Re: need info on Admissionado School guide data [#permalink] New post 14 Dec 2012, 04:31
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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

:)
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Re: need info on Admissionado School guide data [#permalink] New post 14 Dec 2012, 09:51
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JonAdmissionado wrote:
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

:)



Thanks Jon for your reply...Send you a PM on this.
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Re: need info on Admissionado School guide data [#permalink] New post 17 Dec 2012, 23:38
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You got it, dude...
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Re: need info on Admissionado School guide data [#permalink] New post 17 Dec 2012, 23:55
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Hey Jon,
Is your acknowledgement about every aspect I mentioned in the PM I sent you in reference to your last reply to my post in this thread..?
If not, could you please shot a reply on that through PM ?
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Re: need info on Admissionado School guide data [#permalink] New post 18 Dec 2012, 00:18
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No no,, I meant like "no problem dude"...
I'll get to your PM shortly :)
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Re: need info on Admissionado School guide data [#permalink] New post 19 Dec 2012, 20:49
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