Majority of the students who enroll in an MBA program at a popular business school dream of getting placed in a high profile global corporate organization with a six digit pay package. For many of them, the dream remains to be just that: A Dream. But there are those, who you can call as the super lucky ones whose dream does come true. They are the ones who get job offers of more than $200,000 upon graduating from the business school. Oh, you think $200,000 was the highest? Nope, the highest went up to $350,000!
Are you wondering as to which business school students (now alumnus) received this coveted offer in 2010? Nah, neither HBS nor Stanford GSB student bagged the $350,000 placement. A student from the Wharton University received this sinfully lavish offer. Agreed that there are millionaires and billionaires in the world, but it is no small deal to get such lucrative offer at the start of one’s post MBA career.
The next in the list is the $330,000 job offer received by a Stanford Student to work in the private equity niche. The highest MBA salary was also paid for working in the private equity sector and so was the next salary figure on the list: $300,000.
A student each from business school at Chicago, Columbia and Kellogg received job offer worth $300,000 and what came as a surprise for us, was that the highest salary declared by Harvard was only $250,000, (this figure was also calculated on the basis of the 75th percentile salary mentioned in the HBS’s press publication). Harvard Business School is amongst the best business schools throughout the world, second only to the Stanford Graduate School of Business. Despite the high level reputation enjoyed by the HBS, the highest salary offered to the MBA students 2010 was lower than that offered to the students at Duke and Kellogg, the business schools that rank considerably lower than the Harvard.
The highest offer at MIT was under $200,000, around $180,000 to be precise, which is also not that great, when compared to the fact that MIT Sloan is one of the top five business schools in the country. The salary offered at Dartmouth’s Tuck School was higher than that offered at MIT Sloan. For Tuck’s students, the highest was around $225,000.
If you are appalled at the big bucks that MBA graduates easily came by in 2010, then you will be astonished at the placement figures for the current batch of MBA students. The world economy as a whole is in full swing, the domestic markets have improved and Asia is emerging as the hub of business activity, attracting business schools students from all over the world. The stakes are all set to go higher. After all, nobody said about the skies being limited at all!