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Anybody scared of low salary post MBA from top college?

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Joined: 03 Aug 2012
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Concentration: Operations, General Management
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Anybody scared of low salary post MBA from top college? [#permalink]

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New post 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.

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

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New post 14 Aug 2013, 04:19
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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.
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Kudos [?]: 223 [1], given: 57

Manager
Manager
avatar
Joined: 03 Aug 2012
Posts: 102

Kudos [?]: 41 [0], given: 8

Concentration: Operations, General Management
GMAT 1: 740 Q50 V40
GPA: 3.85
WE: Analyst (Consulting)
GMAT ToolKit User Reviews Badge
Re: Anybody scared of low salary post MBA from top college? [#permalink]

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New post 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.

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

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New post 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.

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

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New post 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:

http://mba.insead.edu/documents/MBA_EMP ... ISTICS.pdf

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!!

Kudos [?]: 73 [0], given: 90

Manager
Manager
User avatar
Joined: 28 Dec 2012
Posts: 110

Kudos [?]: 73 [0], given: 90

Location: India
Concentration: Strategy, Finance
WE: Engineering (Energy and Utilities)
GMAT ToolKit User
Re: Anybody scared of low salary post MBA from top college? [#permalink]

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New post 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:

http://mba.insead.edu/documents/MBA_EMP ... ISTICS.pdf

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!!

Kudos [?]: 73 [0], given: 90

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Joined: 21 Oct 2013
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Re: Anybody scared of low salary post MBA from top college? [#permalink]

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New post 30 Mar 2017, 10:11
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I want to ask this question to the members. Did MBA or EMBA (Executive MBA) added financial value to your post MBA job (if you find).
The reason why I am asking is that it does not seem to be the case for everyone.
Even FT top ranking 3 MBA business school, I see some people struggling to find the job.
I want to hear whether this is only the business school which I just graduated or same for other business schools.
This is just a question, but I want to have better view on this.
Thanks.

Posted from my mobile device

Kudos [?]: 1791 [0], given: 289

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

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New post 04 Apr 2017, 12:40
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I also want to include two key factors; ROI (Return On Investment) and Opportunity Cost, to this discussion.
ROI depends on all the costs (tuition fee, travels to business school, accommodations, etc)
Opportunity cost depends on loss of salary by taking sabbatical at work, impact to promotion at work, etc.
Thanks,

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Anybody scared of low salary post MBA from top college?   [#permalink] 04 Apr 2017, 12:40
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