Mean take home salary after MBA from top b-schools of US : Ask GMAT Experts
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# Mean take home salary after MBA from top b-schools of US

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Mean take home salary after MBA from top b-schools of US [#permalink]

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25 Dec 2012, 00:58
Hi,

I recently gave my gmat and got a score of 750. I am applying to top 15 colleges in US. One question which keeps on coming to my mind is what is least and average salary earned by MBA graduate from schools like darden and ross (please exclude dropouts and people joining NGOs or starting there own venture). Every where i have got the base salary but no where i have found the actual in hand take home cash which includes perks etc and deducing tax.

This is important as to figure out that is it really worth leaving my current job and taking a big loan and how much time will it take to repay the loan.

Note: I will be an international student.

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Re: Mean take home salary after MBA from top b-schools of US [#permalink]

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26 Feb 2013, 15:14
ankur1234 wrote:
Hi,

I recently gave my gmat and got a score of 750. I am applying to top 15 colleges in US. One question which keeps on coming to my mind is what is least and average salary earned by MBA graduate from schools like darden and ross (please exclude dropouts and people joining NGOs or starting there own venture). Every where i have got the base salary but no where i have found the actual in hand take home cash which includes perks etc and deducing tax.

This is important as to figure out that is it really worth leaving my current job and taking a big loan and how much time will it take to repay the loan.

Note: I will be an international student.

Generally speaking - the perks, tax deductions, bonus, etc...vary by industry - so it would't make sense for a bschool to publish that.

For example, individuals who go the investment banking/hedge fund/private equity route - tend to have the highest bonus level.

Management consultants, on average, have a lower bonus structure. Entrepreneurs who own their own business can deduct a lot more items - such as business expenses or office rent.

People working or large companies tend to have more perks...etc..

So it really depends on the industry - not so much the school.
Re: Mean take home salary after MBA from top b-schools of US   [#permalink] 26 Feb 2013, 15:14
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