chynaxdawl wrote:
xzeppelin wrote:
I just passed the 50k point this year with my bonus. I know that my salary is well below the average at most of the schools I've been applying to. I gave up higher salaries to gain five years of work experience in emerging markets though, where obviously salaries are lower (but so are costs of living). I can't help but feel it has hurt my application a bit, especially since just a couple years ago I was only in the mid-range of the bottom bracket. But at least Ross seems to have viewed this fairly as my gaining unique business experience abroad. I just hope it doesn't affect my recruiting or post-MBA salary either, though I'm sure it will (I want to stay home and work in the States). On the flipside, I've saved more for b-school than most of my friends making much more than me and living in Chicago have...and also since I'm abroad I don't have to pay any income taxes
i make about the same amount as you (except not in the emerging markets...sigh). and i've wondered if it's hurt me too but i've heard it's illegal for them to do that. plus i've thought it may even help them: one way of diversifying the class, but especially because it would skew the pre-mba average salary lower and potentially make the post-mba gains greater (so a better roi).
what has happened to make you think it was because of your pay?
I don't think it's been disastrous or anything, but anything less than the average is not generally going to help you. Schools definitely care about the "pre-MBA salary" number, just as they care about keeping a high GPA and GMAT score. I'm not sure why you think it would be illegal for them to discriminate based on that? They can discriminate for any number of other reasons, including GPA / GMAT / the nebulous concept of "fit". Anyway, it's not like you're ever going to be told a reason why you're rejected, so it's a moot point whether it's "illegal" or not!
You are assuming that people coming in with lower salaries will increase ROI, but you are assuming that everyone post-MBA will make similar incomes regardless of what they made before. That might be true in some cases, but not all. Certainly the people pulling the big bucks immediately after MBA were probably already near the high end of the pre-MBA salary range working in high finance or what have you, as others have mentioned in this thread already.
In my case, I feel like I should get to multiply my salary by the PPP modifier in China...
But that might cause some problems when the background check comes around
Edit: I do think a lower salary would absolutely not be a knock against a candidate in certain situations. For example, someone working in non-profit that could bring some excellent organization management skills to the table or something like that. However, in my case, I am working in a Fortune 500 but definitely pulling less than others in a similar position to me back in the States.