Higher salaries in spite of crisis

The basis for the salaries stems from the data of over 350 business schools. MBA grads from the top 50 schools who completed their programs in 2007 are earning more than $100,000 USD for the first time in the U.S. as well as in the UK and continental Europe. With an average salary of $109,678 USD, schools from continental Europe top the ranking list. Three months after graduation, 90 to 93 percent (depending upon region) of grads accepted a job offer.

Grads from IMD in Lausanne earned the most with $129,000 USD, followed by the Saïd Business School with $125,440. Astonishingly, the salary results of the German schools had to be uncovered. The best-paid are apparently the grads of the European School for Management and Technology (ESMT) in Berlin. At $116,800 USD they are reported to earn not only more than Insead grads at $116,508 USD, but also have exceeded Harvard grads, who earn $115,665 USD. At $114,000 USD, the Mannheim Business School also comes out above the U.S. top schools Columbia Business School and the Chicago Graduate School of Management, for example.

QS views the strong euro and the greater experience of European MBA students as the reasons why the salaries are higher in comparison to U.S. incomes. In addition, European companies like the Standard Chartered Bank in London or the auditing firm KPMG target MBA grads when recruiting. Nevertheless, the results are odd.

www.TopMBA.com/Scorecard

Discuss this article in our forum!