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17 Jul 2011, 01:27
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Gents,
Recently I came across employment reports of one Top Australian MBA school and was very surprised by average salaries students get after graduation: USD 150 000 and more, with 80% of class employed in Australia. I suspect the reason for such stellar salaries may be the need to compensate for working very far from US and Europe, but, frankly speaking, Australia is not that bad place to live. Ecology is good, ocean is near, people are nice, salaries are high - what else do we need to enjoy life? Moreover, according to surveys, Australians rarely work more than 50 hours a week!
Is there anybody who studied in Top Australian MBA or worked in Australia on a good position, who could tell us whether post MBA life in Australia is as beautiful as I pictured?
Recently I came across employment reports of one Top Australian MBA school and was very surprised by average salaries students get after graduation: USD 150 000 and more, with 80% of class employed in Australia. I suspect the reason for such stellar salaries may be the need to compensate for working very far from US and Europe, but, frankly speaking, Australia is not that bad place to live. Ecology is good, ocean is near, people are nice, salaries are high - what else do we need to enjoy life? Moreover, according to surveys, Australians rarely work more than 50 hours a week!
Is there anybody who studied in Top Australian MBA or worked in Australia on a good position, who could tell us whether post MBA life in Australia is as beautiful as I pictured?
17 Jul 2011, 16:39
Kudos
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I'd like to know of the source of your information (esp if you have any direct links you'd care to share). I am from Australia and I can tell you that this salary information just sounds plain wrong. The top Australian programs are AGSM (now called ASB) and Melbourne Business School. Neither of these schools lead to an immediate post MBA salary of 150K USD. In fact Australia is a country where MBA is not considered a such a big deal in terms of getting you executive positions. I suspect that the 150K salary is probably an outlier where the MBA student was probably already making over 100K before starting the program. Only a few top MBA programs (e.g. H/S/W/LBS/Insead etc) have a true brand "presence" here and often Australian students from these schools return to Australia to pursue consulting or banking careers. But even these folks don't receive 150K USD straight away as an Associate.
Australia (and Sydney where I am from) is an outstanding place to live. Quality of life is far superior to what I have experienced in London and Chicago (Maybe a little slower). But unfortunately it is isolated from the world especially if you are interested in Finance. Furthermore don't be deluded into believing Australians rarely work over 50 hrs a week. The true figure is more like 35-40 hours
. However, for post MBA type jobs, you will still do the post MBA style hours. Finance and Consulting both demand and receive their pound of flesh. Industry life OTOH is pretty good.
Australia (and Sydney where I am from) is an outstanding place to live. Quality of life is far superior to what I have experienced in London and Chicago (Maybe a little slower). But unfortunately it is isolated from the world especially if you are interested in Finance. Furthermore don't be deluded into believing Australians rarely work over 50 hrs a week. The true figure is more like 35-40 hours
. However, for post MBA type jobs, you will still do the post MBA style hours. Finance and Consulting both demand and receive their pound of flesh. Industry life OTOH is pretty good.Financier
Gents,
Recently I came across employment reports of one Top Australian MBA school and was very surprised by average salaries students get after graduation: USD 150 000 and more, with 80% of class employed in Australia. I suspect the reason for such stellar salaries may be the need to compensate for working very far from US and Europe, but, frankly speaking, Australia is not that bad place to live. Ecology is good, ocean is near, people are nice, salaries are high - what else do we need to enjoy life? Moreover, according to surveys, Australians rarely work more than 50 hours a week!
Is there anybody who studied in Top Australian MBA or worked in Australia on a good position, who could tell us whether post MBA life in Australia is as beautiful as I pictured?
Recently I came across employment reports of one Top Australian MBA school and was very surprised by average salaries students get after graduation: USD 150 000 and more, with 80% of class employed in Australia. I suspect the reason for such stellar salaries may be the need to compensate for working very far from US and Europe, but, frankly speaking, Australia is not that bad place to live. Ecology is good, ocean is near, people are nice, salaries are high - what else do we need to enjoy life? Moreover, according to surveys, Australians rarely work more than 50 hours a week!
Is there anybody who studied in Top Australian MBA or worked in Australia on a good position, who could tell us whether post MBA life in Australia is as beautiful as I pictured?
17 Jul 2011, 20:49
Kudos
Bookmarks
Yes, I told about these two schools. There is a link to MBS employment report, the graph shows an average package of about A$142 000 (and $=0,93A$), but the text tells us about A$7000 less figure. This data is for 2008 year graduates and was collected in October 2008. However, it's a little confusing that MBS do not show us its employment statistics for 2009-2010.
https://www.mbs.unimelb.edu.au/index.cfm ... 0DECA6FECF
https://www.mbs.unimelb.edu.au/index.cfm ... 0DECA6FECF
