Many people who go to the top ranked MBA programs, and come out and work for a for-profit company, will earn over $120,000 per year. People who go to a well respected, regionally accredited MBA program can earn anywhere from $60k+. People who go to an MBA program that isn't well respected, or isn't regionally accredited (in the US) will really be basing their earnings on their work history, not on that MBA.
Naturally, this varies by region and field. MBA grads in, for example, NYC or Boston earn more than MBA grads in Buffalo.
You can actually ask the MBA admissions office this question for the MBA programs you're considering. They do track this info, and it's not an uncommon question for an applicant to ask. In fact, you'd want to ask several questions:
- What is the average salary of your MBA graduates...? (coming out of the program you're coming out of - full or part time, for example - be specific when you ask.)
- What percentage of your full time MBA graduates find work in their field upon graduation?
It depends on your current level of experience. If you go from full time undergraduate to graduate school, you will most likely not make a jump in pay scale. However, you ability to advance in your career will be greater with an MBA. If you have experience, one of two things are the likely case. You will receive a small increase in pay, maybe 10-15% with added responsibilities. The other case is you will be promoted with a significant pay rate because your employer requested you to earn an MBA. As an MBA myself I quickly learned it is challenging to show business people without an MBA and only experience the degree's true worth.
Salary, earning potential, and marketability are not only determined by the type of field you are in and the degree you possess. It depends on your position within that field, the institution you work for, your experience, expertise, personal abilities, critical thinking skills, problem solving abilities, dedication and commitment toward ones work, and more. Thus, salary is not so much dependent on the type of degree as much as it is dependent on the person who holds the degree. Still, if you have a specific occupational title, you can then retrieve the estimated mean annual wage particular to that occupation through the U.S. Department of Labor: Bureau of Labor Statistics.
its depend on qualityof student.which types of qualities they having.its also depend on your college and uni.
if you have tag of a big institute than it would be good for you.Otherwise in India 2-4 lacks per annum.
Scads! I wish I was a MBA....Don't you wish you were a MBA too? -Truth is, it really depends on what field you go into with your MBA. There's a lot of burger-flippers with MBAs right now....
good money
You need an MBA also known as a Massive Bank Account.
It's not the worth of the MBA particular to a specific college or university that makes the difference, but the quality of the individual who holds the MBA. Thus, it's only worth what you make it worth.
money; MBA provides a marker to lazy hirers
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Off course, an MBA is as valuable as you make it to be!
I hold an International MBA from Duke and make over $300k a year at age 35. Senior captains on very large aircraft might make upwards of $200k a year.
if i'am a doctor how much money will i make
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