Saturday, March 31, 2012

Factors affecting MBA salaries + sample salaries for 2006.

From the link: http://www.mymbacareer.com/mba-facts/mba-salary.html

  • Your school's reputation
  • Post-MBA role
  • Geographic location
  • Industry you are employed in
  • Cost of living
  • Pre-MBA experience
  • Undergraduate major

Here is some info about salaries of first-year MBA graduates in different career fields. The average 2006 base salaries plus additional compensations were as follows:
  • Health Care – $111,477
  • Finance – $103,122
  • Consulting – $101,736
  • Energy/Utilities – $100,263
  • High Tech – $98,621
  • Manufacturing – $98,417
  • Products/Services – $94,558
  • Non-Profit/Government – $73,125
The potential employee has to make a choice:
  • A higher base salary or
  • A lower salary + bonuses & perks (Annual bonuses, car allowance, tuition reimbursement, relocation costs etc). 

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