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In this video, we uncover the top errors applicants unknowingly make during MBA interviews and provide actionable tips to avoid them. Watch it carefully to avoid the common mistakes committed by applicants in delivering interviews.
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22 Apr 2018, 05:46
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What drives you to get up in the morning and hit those convoluted GMAT books ? Why are you working on the GMAT-prep software until 10PM on a freaking weekend ? Why are you at home working your but off on the GMAT-club tests when you could be out partying or hanging out with friends? It’s easy to get lost in your own head and allow procrastination to put your dreams in a standstill. Simply put- You have a dream and you have to protect that dream.
GMAT is only the first step towards your MBA dream. After one has taken the GMAT, he/she begins to research for the MBA programs that would fit their narrative as to why they need the MBA in the first place. One thing everyone looks at is the rankings. There are numerous rankings, some more flawed then the other, which gives us a general idea about the student body at a particular school. But what about money? How about comparing B-schools based on the amount of money one makes upon graduation from that school?
In this post we are gonna have a single dimensional overview of each school. We would look at how much money a candidate makes upon graduating from XYZ schools, what bonuses are they offered and what other benefits do they receive (including tuition reimbursements, stock options, relocation allowance etc.). Then we are gonna add them all up to get a clearer picture of the AVERAGE COMPENSATION at the Top B-schools in the United States!
A few pointers ->
GMAT is only the first step towards your MBA dream. After one has taken the GMAT, he/she begins to research for the MBA programs that would fit their narrative as to why they need the MBA in the first place. One thing everyone looks at is the rankings. There are numerous rankings, some more flawed then the other, which gives us a general idea about the student body at a particular school. But what about money? How about comparing B-schools based on the amount of money one makes upon graduation from that school?
In this post we are gonna have a single dimensional overview of each school. We would look at how much money a candidate makes upon graduating from XYZ schools, what bonuses are they offered and what other benefits do they receive (including tuition reimbursements, stock options, relocation allowance etc.). Then we are gonna add them all up to get a clearer picture of the AVERAGE COMPENSATION at the Top B-schools in the United States!
A few pointers ->
- Total Average compensation = Average Base Salary + Average Bonus + Average Others (like Stock options, tuition reimbursements, relocation allowances etc.)
- MBA Pay Scale Rank is just an attempt to rank the schools based on the average overall compensation
- While you examine the average compensation at different schools, do not forget to analyse the employment percentages, both - at graduation and at 3 months post graduation
- These numbers are also applicable to the MBA + MS programs
| Average Salary at Top B-schools in the US | ||||||||
MBA Payscale Rank | School | US.News Rank | Average Base Salary | Average Bonus | Average Others | Average Total Compensation | % Employed At Graduation | % Employed within 3 months of graduation |
1 | Stanford | 4 | $144,455 | $29,534 | $83,065 | $257,054 | 63.9% | 87.6% |
2 | Columbia | 9 | $129,096 | $34,481 | $57,460 | $221,036 | 69.9% | 89.3% |
3 | Harvard | 1 | $137,293 | $29,855 | $53,040 | $220,188 | 78.9% | 89.3% |
4 | Wharton | 3 | $135,716 | $31,214 | $42,571 | $209,501 | 82.3% | 92.6% |
5 | Booth | 1 | $129,442 | $30,469 | $40,504 | $200,415 | 88.0% | 95.3% |
6 | MIT | 5 | $128,301 | $27,872 | $28,116 | $184,289 | 84.2% | 93.9% |
7 | Kellogg | 6 | $128,192 | $28,469 | $25,422 | $182,083 | 81.6% | 92.6% |
8 | Stern | 13 | $121,146 | $33,134 | $27,177 | $181,457 | 79.1% | 91.3% |
9 | Foster | 22 | $119,904 | $31,570 | $26,462 | $177,936 | 85.2% | 98.1% |
10 | Tuck | 10 | $127,986 | $30,208 | $19,648 | $177,842 | 80.2% | 91.8% |
11 | Ross | 7 | $124,702 | $30,866 | $21,607 | $177,175 | 89.7% | 94.4% |
12 | Darden | 13 | $124,684 | $31,966 | $19,811 | $176,461 | 83.4% | 90.1% |
13 | Tepper | 17 | $119,402 | $30,101 | $25,688 | $175,191 | 81.1% | 88.6% |
14 | Haas | 7 | $125,572 | $27,926 | $21,023 | $174,571 | 66.3% | 89.9% |
15 | Marshall | 20 | $118,110 | $28,406 | $26,111 | $172,627 | 74.9% | 93.6% |
16 | Yale-SOM | 11 | $119,371 | $28,747 | $22,125 | $170,243 | 75.2% | 90.5% |
17 | Goizueta | 20 | $119,665 | $27,534 | $17,024 | $164,223 | 84.6% | 92.7% |
18 | Anderson | 16 | $119,964 | $29,073 | $12,982 | $162,019 | 74.4% | 88.0% |
19 | McCombs | 17 | $117,185 | $28,280 | $16,135 | $161,600 | 81.5% | 89.9% |
20 | Johnson | 15 | $125,578 | $31,604 | NA | $157,182 | 80.3% | 90.9% |
21 | UNC | 19 | $111,082 | $23,706 | $19,781 | $154,569 | 79.1% | 90.8% |
22 | Fuqua | 11 | $122,989 | $30,374 | NA | $153,363 | 87.0% | 92.6% |
23 | Marriott | 23 | $113,349 | $27,254 | $10,672 | $151,275 | 83.0% | 94.0% |
24 | Rice | 35 | $102,534 | $19,825 | $29,371 | $151,730 | 76.8% | 89.4% |
25 | Olin | 23 | $106,812 | $24,440 | $18,155 | $149,407 | 72.0% | 97.2% |
26 | Scheller | 28 | $106,115 | $25,378 | $17,620 | $149,113 | 71.9% | 93.0% |
27 | Mendoza | 31 | $107,230 | $20,879 | $15,888 | $143,997 | 73.1% | 86.1% |
28 | Eccles | 44 | $88,143 | $21,267 | $33,041 | $142,451 | 75.4% | 91.2% |
29 | McDonough | 25 | $112,501 | $28,516 | NA | $141,017 | 68.3% | 91.8% |
30 | Smeal | 31 | $105,462 | $21,820 | $12,853 | $140,135 | 78.0% | 91.5% |
31 | Owen | 26 | $113,205 | $25,232 | NA | $138,437 | 75.8% | 91.3% |
32 | Kelley | 27 | $100,874 | $22,551 | $14,655 | $138,080 | 76.8% | 86.9% |
33 | Simon | 44 | $102,046 | $20,354 | $12,963 | $135,363 | 71.3% | 93.8% |
34 | Warrington | 34 | $100,863 | $15,418 | $14,936 | $131,217 | 79.6% | 89.8% |
35 | Smith | 48 | $100,934 | $17,512 | $12,718 | $131,164 | 65.4% | 79.5% |
36 | Mays | 36 | $105,910 | $13,828 | $11,219 | $130,957 | 72.0% | 90.0% |
37 | Carlson | 29 | $106,129 | $23,071 | NA | $129,200 | 82.9% | 82.9% |
38 | SMU-Cox | 48 | $97,906 | $18,154 | $12,868 | $128,928 | 64.8% | 86.7% |
39 | UIUC | 48 | $95,295 | $14,000 | $14,000 | $128,599 | 71.2% | 80.3% |
40 | Rutgers | 44 | $97,546 | $19,719 | $10,125 | $127,390 | 73.6% | 88.7% |
41 | Merage | 42 | $97,808 | $16,706 | $11,458 | $125,972 | 50.9% | 87.3% |
42 | Carroll | 48 | $100,698 | $19,600 | $5,000 | $125,298 | 64.2% | 85.1% |
43 | Questrom | 42 | $95,471 | $16,229 | $13,585 | $125,285 | 59.8% | 90.6% |
44 | Wisconsin | 37 | $97,237 | $17,398 | $10,284 | $124,919 | 57.8% | 85.6% |
45 | Fisher | 31 | $96,034 | $19,163 | $8,913 | $124,110 | 80.0% | 94.4% |
46 | Carey | 29 | $98,633 | $14,907 | $9,291 | $122,831 | 74.3% | 95.9% |
47 | Broad | 37 | $101,836 | $18,411 | NA | $120,247 | 75.0% | 85.3% |
48 | UC-Davis | 37 | $95,603 | $15,500 | NA | $111,103 | 82.9% | 91.4% |
49 | Texas-Dallas | 40 | $87,522 | $12,314 | $7,500 | $107,336 | 41.9% | 90.3% |
50 | Terry | 50 | $90,250 | $14,214 | NA | $104,464 | 75.0% | 92.5% |
gmatexam439
GMAT 1: 730 Q49 V41
Posts: 1,070
23 Apr 2018, 06:12
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Thanks stonecold for this awsome post. I atleast have a finite list of schools now 
gmat.taker
Joined: 01 Sep 2014
Last visit: 26 May 2018
Posts: 5
Given Kudos: 1
Schools: LBS '17 (S) Kelley '20 (A)
GMAT 1: 720 Q50 V37
GPA: 3.37
04 May 2018, 12:25
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StoneCold... some of these numbers differ from what is reported on the schools' website. Any particular reason for that?
Which ones are more trustworthy?
Which ones are more trustworthy?
