Summer is Coming! Join the Game of Timers Competition to Win Epic Prizes. Registration is Open. Game starts Mon July 1st.

It is currently 15 Jul 2019, 13:27

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Salaries Expected at Top 20 Business Schools

  new topic post reply Update application status  
Author Message
MBA Section Director
User avatar
V
Affiliations: GMAT Club
Joined: 22 Feb 2012
Posts: 6319
City: Pune
GMAT ToolKit User
Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 04 Jul 2019, 07:15
3
2
Hi Everyone, I am presenting here placement stats of class of 2018 MBA students at top 20 US Bschools and salaries offered to domestic and international students. Salary figures shown here have been taken from latest US News MBA ranking.

  • NYU Stern reported the highest increase - 7% - in the salaries offered to their graduates.
  • We can also see decent increase in the salaries offered to the graduates of MIT, Yale, Duke, and UNC.
  • There is a large difference in the salaries offered to domestic students of Stanford in comparison with the salaries offered to their international students.

Do you see any other remarkable observations? Let us know by replying to this post.

US News RankSchoolOverall SalaryIncrease / (Decrease) from Last YearSalary to Domestic ApplicantsSalary to International Applicants
2Stanford146K1%150K132K
1Wharton140K3%142K133K
3Harvard139K1%141K136K
3MIT Sloan135K5%135KN/A
3Chicago Booth132K2%134K127K
6Columbia131K2%131K130K
12Tuck130K2%132K126K
12NYU Stern129K7%130K126K
6Kellogg128K0%132K120K
6Berkeley Haas128K2%130K123K
10Duke Fuqua128K4%130K125K
12UVA Darden128K2%N/AN/A
10Michigan Ross127K2%128K123K
9Yale SOM126K6%127K124K
15Cornell Johnson126K0%129K120K
17USC Marshall123K4%124K104K
16UCLA Anderson122K2%124K118K
21Emory Goizueta121K1%122K117K
17CMU Tepper120K1%121K119K
19McCombs119K3%120K114K
19Kenan-Flagler117K5%117K115K




US News RankSchoolSalary Figures by Industries
ConsultingConsumer ProductsFinancial ServicesHealthcareManufacturingReal EstateTechnology
1Wharton143K117K146K131K134K128K132K
2Stanford146K133K167K129K118K136K
3Harvard145K119K152K135K133K124K130K
3MIT Sloan143K121K134K133K135K183K134K
3Chicago Booth140K116K133K128K118K106K128K
6Columbia143K115K135K125K98K123K122K
6Kellogg141K110K132K120K115K122K126K
6Berkeley Haas132K121K126K115K121K99K133K
9Yale SOM136K115K127K110K112K102K126K
10Duke Fuqua140K107K125K120K116K127K
10Michigan Ross137K110K126K118K119K125K

_________________
2020 MBA Applicants: Introduce Yourself Here!
MBA Video Series - Video answers to specific components and questions about MBA applications.
Founder
Founder
User avatar
V
Joined: 04 Dec 2002
Posts: 17814
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
GMAT ToolKit User Premium Member CAT Tests
Re: Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 04 Jul 2019, 07:50
Interesting to see that both Anderson and Marshall are that low on the Salary list. LA is not particularly cheap place to live, and neither is California with additional income Tax. Anyone has any ideas?
_________________
Founder of GMAT Club

Just starting out with GMAT? Start here...
New! OG2020 Directory !
Want to know application stats & Profiles from last year? Check the Decision Tracker

Image
INSEAD School Moderator
User avatar
D
Status: MBA Admissions Consultant
Affiliations: MBA Prep Coach
Joined: 24 Mar 2015
Posts: 2127
Farrell D Hehn: MBA
Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 05 Jul 2019, 01:13
1
bb I would imagine its related to industry: both are big on entertainment and entrepreneurship, lesser paying post-MBA jobs. Lower percent of jobs in consulting. Thoughts?
bb wrote:
Interesting to see that both Anderson and Marshall are that low on the Salary list. LA is not particularly cheap place to live, and neither is California with additional income Tax. Anyone has any ideas?

_________________
Farrell Dyan, MBA Admissions Consultant
MBAPrepCoach.com
Reviews: https://poetsandquants.com/consultants/farrell-dyan
Founder
Founder
User avatar
V
Joined: 04 Dec 2002
Posts: 17814
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
GMAT ToolKit User Premium Member CAT Tests
Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 05 Jul 2019, 06:42
MBAPrepCoach wrote:
bb I would imagine its related to industry: both are big on entertainment and entrepreneurship, lesser paying post-MBA jobs. Lower percent of jobs in consulting. Thoughts?
bb wrote:
Interesting to see that both Anderson and Marshall are that low on the Salary list. LA is not particularly cheap place to live, and neither is California with additional income Tax. Anyone has any ideas?


Very likely. I was somewhat under the impression that Anderson was touting tech has a big recruiting segment but I don’t see those salaries really reflected...?

Posted from my mobile device
_________________
Founder of GMAT Club

Just starting out with GMAT? Start here...
New! OG2020 Directory !
Want to know application stats & Profiles from last year? Check the Decision Tracker

Image
Director
Director
User avatar
V
Joined: 06 Jan 2015
Posts: 675
Location: India
Concentration: Operations, Finance
GPA: 3.35
WE: Information Technology (Computer Software)
Premium Member
Re: Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 05 Jul 2019, 06:53
Narenn Good One :-)

Cc bb

One request - Can you put the same with top 20 Non-US Business Schools
_________________
आत्मनॊ मोक्षार्थम् जगद्धिताय च

Resource: GMATPrep RCs With Solution
Intern
Intern
User avatar
B
Joined: 07 Jan 2019
Posts: 14
Location: Brazil
Concentration: Finance, Technology
GPA: 3.1
Re: Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 05 Jul 2019, 07:03
Narenn wrote:
Hi Everyone, I am presenting here placement stats of class of 2018 MBA students at top 20 US Bschools and salaries offered to domestic and international students. Salary figures shown here have been taken from latest US News MBA ranking.

  • NYU Stern reported the highest increase - 7% - in the salaries offered to their graduates.
  • We can also see decent increase in the salaries offered to the graduates of MIT, Yale, Duke, and UNC.
  • There is a large difference in the salaries offered to domestic students of Stanford in comparison with the salaries offered to their international students.

Do you see any other remarkable observations? Let us know by replying to this post.

US News RankSchoolOverall SalaryIncrease / (Decrease) from Last YearSalary to Domestic ApplicantsSalary to International Applicants
2Stanford146K1%150K132K
1Wharton140K3%142K133K
3Harvard139K1%141K136K
3MIT Sloan135K5%135KN/A
3Chicago Booth132K2%134K127K
6Columbia131K2%131K130K
12Tuck130K2%132K126K
12NYU Stern129K7%130K126K
6Kellogg128K0%132K120K
6Berkeley Haas128K2%130K123K
10Duke Fuqua128K4%130K125K
12UVA Darden128K2%N/AN/A
10Michigan Ross127K2%128K123K
9Yale SOM126K6%127K124K
15Cornell Johnson126K0%129K120K
17USC Marshall123K4%124K104K
16UCLA Anderson122K2%124K118K
21Emory Goizueta121K1%122K117K
17CMU Tepper120K1%121K119K
19McCombs119K3%120K114K
19Kenan-Flagler117K5%117K115K




US News RankSchoolSalary Figures by Industries
ConsultingConsumer ProductsFinancial ServicesHealthcareManufacturingReal EstateTechnology
1Wharton143K117K146K131K134K128K132K
2Stanford146K133K167K129K118K136K
3Harvard145K119K152K135K133K124K130K
3MIT Sloan143K121K134K133K135K183K134K
3Chicago Booth140K116K133K128K118K106K128K
6Columbia143K115K135K125K98K123K122K
6Kellogg141K110K132K120K115K122K126K
6Berkeley Haas132K121K126K115K121K99K133K
9Yale SOM136K115K127K110K112K102K126K
10Duke Fuqua140K107K125K120K116K127K
10Michigan Ross137K110K126K118K119K125K


Interesting...

And for what reason do you think that international applicants have this "negative net" in comparison with the Domestic Applicants?
CEO
CEO
avatar
S
Joined: 20 Mar 2014
Posts: 2620
Concentration: Finance, Strategy
Schools: Kellogg '18 (M)
GMAT 1: 750 Q49 V44
GPA: 3.7
WE: Engineering (Aerospace and Defense)
GMAT ToolKit User Reviews Badge
Re: Salaries Expected at Top 20 Business Schools  [#permalink]

Show Tags

New post 06 Jul 2019, 07:10
1
hhyller wrote:

Interesting...

And for what reason do you think that international applicants have this "negative net" in comparison with the Domestic Applicants?



What are some of the biggest differences in the demographics of intnl applicants (not including Intnl students in US either working/-ed or studying/-ied) vs domestic applicants?

1. Type of educational credentials: more often than not, a decently high % of folks from non-US countries tend to be engineering focussed while there is a seeming move to include people with more liberal arts backgrounds.
2. Relevance of intnl WE: you command a higher salary when you can show a great fit with a certain role. This is much easier if you are a domestic candidate. Better fit usually translates into a better negotiating leverage for you as a candidate.
3. Visa limitations: uncertainty around H1b, usually leads to intnl candidates accepting lower-ish packages in lieu of getting the opportunity to work with top companies (FAANG or MBB etc).
4. Personal situations: sometimes intnl students dont have leverage wrt locations of choice (due to personal reasons) and hence, negotiated packages are usually lower.
5. This list does not mention whether these salaries are for off-campus or OCR. This is a crucial distinction as companies participating in OCR are usually mandated wrt base salaries by the respective schools while no such considerations exist for off-campus.

Again, this is by no means an exhaustive list but these have been some of the reasons why intnl students command lower salaries.
GMAT Club Bot
Re: Salaries Expected at Top 20 Business Schools   [#permalink] 06 Jul 2019, 07:10
Display posts from previous: Sort by

Salaries Expected at Top 20 Business Schools

  new topic post reply Update application status  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne