Noted MBA Programs May Be A Good Investment In The Long Run
June 01, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
MBAs are known for their hard work and dedication, and usually get ahead in the corporate world. While many MBAs do considerably well for themselves, there are a few that shine above the rest.
A new study found that those who graduate from top business schools will earn considerably more over the course of their careers, according to BusinessWeek. The researchers found that the top-ranked MBA programs had the highest-salaried graduates over the span of their professional lives.
MBA graduates from the top-45 programs earn an average of $2.5 million in base pay and bonuses over the course of 20 years. However, some new MBA programs at prominent schools may start out with a high salary, but it increases minimally over time. Established MBA programs in certain state schools may have a lower starting salary but it more than doubles over a 20-year period.
If you're interested in a higher salary, an MBA program may be just what you need. The Bureau of Labor Statistics reports that MBAs earn more in weekly compensation than those with bachelor's degrees.
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