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Salary rise after MBA

 
#1 Salary rise after MBA
26/10/2007 10:45

anon

Quick poll - what sort of salary rise did you get after an MBA - let's look at how much better off you are after 1, 3, 5 years.

I'm an IT consultant so most interested in similar people.

Give the following please:

- years experience before MBA

- salary before MBA

- where did MBA

- salary after MBA (1, 3, 5 years)

Thanks all

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#2 RE: Salary rise after MBA
26/10/2007 11:06

yawn to anon (#1)

more to the point, how much of the salary change was due to the MBA itself as opposed to a renewed vigor in looking for a better paying job

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#3 RE: Salary rise after MBA
26/10/2007 15:19

Q to yawn (#2)

5 yrs pre-MBA.

Approx £40k

LBS

Approx £100k @ 1 yr

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#4 RE: Salary rise after MBA
26/10/2007 15:52

Mars A Day to anon (#1)

Ought to qualify this? Where you took your MBA will make a real difference - I have seen post MBA from good BS such as INSEAD, Wharton, LBS and even Warwick make some VERY substantial rises, more so than say Cranfield or suchlike, across the board.

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#5 RE: Salary rise after MBA
27/10/2007 09:44

Richie to Mars A Day (#4)

Presumably doing an MBA is only worthwhile up to a certain pre-MBA salary point (assuming that most MBA recruitment is targeted at a certain career stage)?

I see all these quotes of 150% increases, etc. but that's got to be from a pretty low base, hasn't it?

Assuming that I'm assuming correctly, what would people say is the upper limit for pre-MBA salary to make an MBA worthwhile?

Or, does absolutely everyone pick up huge raises regardless (in which case I'm off to do my gmat).

Thanks

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#6 RE: Salary rise after MBA
29/10/2007 09:48

anon to Richie (#5)

any more?

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#7 RE: Salary rise after MBA
01/11/2007 08:39

MBA to anon (#6)

It's worth Google searching this subject; I read a number of reports pointing to salary increases when I was doing my MBA, and the general trend seemed to be a good increase, although it is worth caveating that it depends on the school, your roles (old and new), the market/sector, work/life balance issues. Did it work for me? Yes, but it was also more about changing role - it's not all about your bank balance...

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