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May 2008:00 AM PDT
-08:30 AM PDT
What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschanow, CEO, ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
May 2110:00 AM EDT
-10:30 AM EDT
Most candidates submit a resume built for a recruiter. Admissions committees are reading for something else entirely. This session covers what adcoms actually evaluate, where strong candidates lose ground before a single essay is written, and why...
May 2208:30 AM PDT
-09:00 AM PDT
Get the inside scoop on what makes Emory’s Goizueta Business School great and how you can present a strong MBA application. Explore the difference between our One-Year MBA and Two-Year MBA programs, talk to our admissions team, and meet students.
May 2203:00 PM EDT
-04:00 PM EDT
The old MBA recruiting playbook is dead. Here’s how top admits are getting ahead this summer.
May 2308:00 PM PDT
-09:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
May 2707:30 PM EDT
-08:30 PM EDT
Learn how to choose the right recommenders and strengthen your MBA candidacy in this live AMA with Stratus experts.
May 2910:00 AM PDT
-11:00 AM PDT
Download the MBA Launchpad App, for FREE access to the largest MBA database - Data backed read on your profile - Identify gaps before you apply - Build a balanced school list - Track your deadlines - Mock interviews - Extensive content library
Jun 1006:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
01 Aug 2016, 16:01
Kudos
Bookmarks
Are MBAs expensive? You bet!
Are you giving up 2 years worth of salary to pursue an MBA that costs twice your annual salary? Probably.
So 2+2 = 4 years of salary gone ? Well yes.
So why are we ready to spent upwards of $200K on a degree?
For one, it is difficult to put a price on education. It is not a business where you maximize profits at the lowest cost.
Let's find the answer to this question on the basis of various concerning parameters.
Career Shift
For several of us graduating out of college , we generally tend to follow up our peers and choose careers not suited to us. Several times we are simply not aware of the various career options available.
This where an MBA comes in. MBA from a reputed school gives you the knowledge and tools to switch your career to a different track that otherwise would have been not possible.
Harvard Business School is the first school on our radar which is a formidable name every MBA aspirant look forward to getting an admission into. A closer look at the statistics concerning Harvard Business School reveals that out of the total number of graduates, close to 65% of them have changed their primary industry, whereas, as many as 12% have opted for an internship with a startup company before setting foot in a corporate environment.
University of Pennsylvania, Wharton is the next school we’ll be talking about. Close to 40% of the total placement here comes from the financial sector. Hence this is the B-school you should target for if you are looking to have a sound career in finance[a1] .
Northwestern University, Kellogg is the school to choose if you are looking for job diversity. If you look at the career prospects for students here, then most of the students tend to go into consulting which constitutes 35% of the total job offers. But it has been observed that a good number of students here also go into consumer products and financial services industries, especially because the school particularly focuses on marketing aspects.
Salary
Talking about Stanford Graduate School of Business, a two-year full-time general management program from this school is likely to land you a good job with an average salary close to $133k.
You can fetch an average salary of $120k from MIT Sloan. The students here are mainly placed in industry services and consulting, along with other fields. But one of the curious numbers that comes out of the survey is, as much as 7% of the graduates here are attracted to start their own business which is a definite boost to the American dream.
Next up is the Columbia Business School. It is a revered name in the world of business schools and is known to guide people coming from the scientific to the management sectors since it focuses on general management. With an average offer of $125k, most of these graduates tend to move to industries such as financial services and consulting. It also encourages alumni-led startups spanning across different industries.
University of Chicago, Booth is known for churning 4.3% entrepreneurs on an average. The school recorded a total of 27 companies for the graduate placement services, with a huge fraction of the students getting into consulting encompassing an average salary of $125K.
As is clear evident from the figures discussed above, most of these schools record an average salary of $125K, which is significantly higher than some of the low profile MBA program schools which hit the average at about $50K to $60K and cumulates to $100 after maybe 10 years of experience. This makes MBA from a top rung school schools an even more attractive option.
Read the rest of the post here
We have very recently added the free initial consultation feature in our discovery platform for MBA admissions consultants. So go ahead,find your consultantas per your school and budget and book an initial session without having to pay first. Find out your profile fit, get questions about MBA applications answered as well as figure out the consultant's approach towards advising candidates. Click here to find a consultant.
Are you giving up 2 years worth of salary to pursue an MBA that costs twice your annual salary? Probably.
So 2+2 = 4 years of salary gone ? Well yes.
So why are we ready to spent upwards of $200K on a degree?
For one, it is difficult to put a price on education. It is not a business where you maximize profits at the lowest cost.
Let's find the answer to this question on the basis of various concerning parameters.
Career Prospects
Career Shift
For several of us graduating out of college , we generally tend to follow up our peers and choose careers not suited to us. Several times we are simply not aware of the various career options available.
This where an MBA comes in. MBA from a reputed school gives you the knowledge and tools to switch your career to a different track that otherwise would have been not possible.
Harvard Business School is the first school on our radar which is a formidable name every MBA aspirant look forward to getting an admission into. A closer look at the statistics concerning Harvard Business School reveals that out of the total number of graduates, close to 65% of them have changed their primary industry, whereas, as many as 12% have opted for an internship with a startup company before setting foot in a corporate environment.
University of Pennsylvania, Wharton is the next school we’ll be talking about. Close to 40% of the total placement here comes from the financial sector. Hence this is the B-school you should target for if you are looking to have a sound career in finance[a1] .
Northwestern University, Kellogg is the school to choose if you are looking for job diversity. If you look at the career prospects for students here, then most of the students tend to go into consulting which constitutes 35% of the total job offers. But it has been observed that a good number of students here also go into consumer products and financial services industries, especially because the school particularly focuses on marketing aspects.
Salary
Talking about Stanford Graduate School of Business, a two-year full-time general management program from this school is likely to land you a good job with an average salary close to $133k.
You can fetch an average salary of $120k from MIT Sloan. The students here are mainly placed in industry services and consulting, along with other fields. But one of the curious numbers that comes out of the survey is, as much as 7% of the graduates here are attracted to start their own business which is a definite boost to the American dream.
Next up is the Columbia Business School. It is a revered name in the world of business schools and is known to guide people coming from the scientific to the management sectors since it focuses on general management. With an average offer of $125k, most of these graduates tend to move to industries such as financial services and consulting. It also encourages alumni-led startups spanning across different industries.
University of Chicago, Booth is known for churning 4.3% entrepreneurs on an average. The school recorded a total of 27 companies for the graduate placement services, with a huge fraction of the students getting into consulting encompassing an average salary of $125K.
As is clear evident from the figures discussed above, most of these schools record an average salary of $125K, which is significantly higher than some of the low profile MBA program schools which hit the average at about $50K to $60K and cumulates to $100 after maybe 10 years of experience. This makes MBA from a top rung school schools an even more attractive option.
Read the rest of the post here
We have very recently added the free initial consultation feature in our discovery platform for MBA admissions consultants. So go ahead,find your consultantas per your school and budget and book an initial session without having to pay first. Find out your profile fit, get questions about MBA applications answered as well as figure out the consultant's approach towards advising candidates. Click here to find a consultant.
