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BusinessWeek Article: Post MBA Salary

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Joined: 05 Aug 2008
Posts: 1263

Kudos [?]: 170 [0], given: 20

Schools: Ross 2012
WE 1: 5 Years at Fortune 50 Company in Manufacturing
BusinessWeek Article: Post MBA Salary [#permalink]

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New post 01 Oct 2009, 11:23
Saw an interesting article on Post-MBA Salaries on BusinessWeek and thought we might have a friendly discussion. Hopefully some graduates can chime in.

http://www.businessweek.com/bschools/co ... op+stories

Think this is fairly legit?
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Joined: 11 Dec 2006
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Schools: NYU Stern 2009
Re: BusinessWeek Article: Post MBA Salary [#permalink]

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New post 01 Oct 2009, 12:03
Strange it ignores geographic issues. Harvard will feed in Boston based HF & PE shops that need to pay high because they are Boston based. Elsewhere there is a bit of an ease-off due to location (arguably also in NYC, as that at least has a heavy convenience factor for many MBA Grads).

I guess people are including bonuses in there. I know people who have well over the $100k hurdle as base, but will see max 10% bonus. Others, quite obviously, have it somewhat differently.

I love the way when any school talks about its entrepreneurs and non-profit workers they always sound like they are making excuses for people screwing up the salary range. They all are so happy that people do it, except it does that to the numbers. The guy who joins his father's company on $200k does not need explaining away though - it is only a one tail model.

Not really sure what this article says except mean and medians aren't very good measures of anything. Which is revelatory, and the kind of quality journalism we come to expect from BusinessWeak.
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GMAT Club Premium Membership - big benefits and savings

Kudos [?]: 223 [0], given: 6

Current Student
User avatar
Joined: 05 Aug 2008
Posts: 1263

Kudos [?]: 170 [0], given: 20

Schools: Ross 2012
WE 1: 5 Years at Fortune 50 Company in Manufacturing
Re: BusinessWeek Article: Post MBA Salary [#permalink]

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New post 01 Oct 2009, 13:31
3underscore wrote:
Strange it ignores geographic issues. Harvard will feed in Boston based HF & PE shops that need to pay high because they are Boston based. Elsewhere there is a bit of an ease-off due to location (arguably also in NYC, as that at least has a heavy convenience factor for many MBA Grads).

I guess people are including bonuses in there. I know people who have well over the $100k hurdle as base, but will see max 10% bonus. Others, quite obviously, have it somewhat differently.

I love the way when any school talks about its entrepreneurs and non-profit workers they always sound like they are making excuses for people screwing up the salary range. They all are so happy that people do it, except it does that to the numbers. The guy who joins his father's company on $200k does not need explaining away though - it is only a one tail model.

Not really sure what this article says except mean and medians aren't very good measures of anything. Which is revelatory, and the kind of quality journalism we come to expect from BusinessWeak.


I think it doesn't say a whole lot in the text that most people don't know, but it is interesting to look through the slide show of the 25 schools and see that the bell curve looks like per school. H/W are pretty different than say the norm. You can see schools like duke where the average is above the mode. while Ross is pretty much dead on mean,median, mode.
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Re: BusinessWeek Article: Post MBA Salary   [#permalink] 01 Oct 2009, 13:31
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