POLL: How much are you walking away from?

Question

As we all begin to hand in our resignation letters and notify our employers that we're leaving, I just thought I'd take a quick poll to see how much everyone is walking away from?

Guidelines:

1) Please only reply if you are pursuing a full-time MBA. No part-time or exec MBAs please.
2) Please include annual base salary and bonus/incentive compensation for 2009.
3) This is totally anonymous. There is no need to make a post to this thread. Just reply to the poll.

Aenigma · Answer

Nice idea, eminent; I've been curious about this too. Should those of us who have not yet received acceptances participate as well? After all, our current salaries represent how much we would be  willing  to walk away from if we get accepted this spring.

eminent · Answer

Yes, I would go ahead and post if you plan to attend this Fall.

unplugged · Answer

The main poll is OK for USD/Euro/Pound

I suggest including an additional option for international salaries converted into USD just so it doesn't skew the poll result.

Something like - international salary(converted) - below 50K USD or below 100k USD.

Cheers,

Unplugged

refurb · Answer

Don't forget that you're walking away from paying a lot of taxes too.

RF

LB20 · Answer

Definitely appreciate that reminder on days when I am freaked out about impending student debt 8-)

eminent · Answer

Thanks to everyone who responded. We ended up with a really nice sample size. I can't say that I'm surprised -- these figures seem to closely mirror the pre-MBA median comp figures that Forbes or BusinessWeek publsh.

Class2012 · Answer

7% are earning more than 150k.Who would they be? Analysts in IBs?

eminent · Answer

Anyone in investment banking, private equity, or hedge funds should be there. Most in traditional investment management should be close too.

rhyme · Answer

Those at the < 30K going into consulting or banking are going to feel REALLY rich for a few months. Talk about ROI.

kinokosarada · Answer

Older applicants with an expatriation contract in a manufacturing company can do that too. 8-)

eminent · Answer

I'm getting depressed looking at my 2009 W-2 and realizing it's going to be halfed in 2010

Class2012 · Answer

Think about how it would be in 2013.That should make you happy. :-D

theDreamChaser · Answer

oh man, there are lot of people making a lot of money going into B-school, no wonder everyone wants to get into high paying banking hedge fund job afterwards, it's all about ROI ROI~

nola25 · Answer

Remember your stats course guys: self-selection bias.

My guess is that the real distribution is a little more normalized than what we're seeing above. I personally know far more future-MBAers making between $45-65k than $100+

tan888 · Answer

Nice post. I always wanted to know about that.

anu1979 · Answer

My salary is publically available since I'm a civil servant

In any case, it definitely upset me when I figured out that I won't be making any more money in salary the first couple of years after b-school than I am right now but while applying I reminded myself that the salary progression I would see after moving into finance would be significantly better than my salary as a federal attorney. My upward mobility has pretty much flattened out here since I reached the highest non-supervisory grade at my agency. Plus, there's the additional benefit of actually being passionate about my job, upward career mobility and job flexibility

eminent · Answer

Bump

POLL: How much are you walking away from?

How much are you walking away from?

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