I am looking at a school with a general 85k base, about 100k with bonus starting average. Some of their students go to work for pretty big names in finance. Looking at a few grads on city alumni clubs for that school I find at least a few with positions little better than the 50k one that I currently possess. Not just in terms of earnings, but in level of respect, authority, and other metrics. What gives? Are these the students who major in marketing and can't get a job with a big NYC advertising firm and need to do something after b-school?? Or is it a lack of other attributes other than just an MBA... work experience, CFA or other designations, etc??

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Explain B-school graduates with poor positions...

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amorica

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Mark4124

This is going far beyond what I intended and in fact moving in the very direction that swgotz was complaining about in the first place. It sounds as though some only believe Goldman or Private Equity is a good job. I do not believe that at all. Moreover I'm sure the PG&E exec program that all those Chicago guys didn't want to deal with could lead one to a very highly compensated exec position after a time. I don't consider this to be a poor job. What I am refering to is more the example of a graduate from a top 30 b-school going and working as an Amex financial adivsor or some other god awful customer facing sales type position in brokerage. That would kill me and make me think my whole MBA was a total waste of time. Jobs like that suck, I know... I've done similar things.

Exactly..it all comes down to how each individual defines a 'good job'..

For me, working for a top consulting company, though maybe not Mckinsey or ATK would be a 'good job'...i.e...booz..kpmg..etc... but for others, this is the exact position they are leaving when attending b-school..

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