MBA
The Impact of Moving Overseas on My MBA Career
Last Updated on January 4, 2024 by Robert C. Hoopes
Moving internationally after completing an MBA degree may have an impact on pay prospects, according to a recent study conducted by professors from top institutions such as Wharton, London Business School, and Utrecht University. The study analyzed the career paths and compensation of 1,322 MBA graduates at different job stages.
Surprisingly, the findings revealed that MBA graduates who moved internationally once or twice experienced less pay growth compared to those who decided to stay in their home country. This challenges the common assumption that broader international experience would lead to higher compensation. On the other hand, graduates who made more than four international moves were labeled as “Superglobals” and saw substantially higher pay growth.
The researchers were intrigued by this negative relationship between initial international mobility and pay. It seems that extensive global experience, as demonstrated by the Superglobals, made them attractive candidates for high-level executive roles and conferred strong negotiating power during recruitment.
For MBA graduates considering a move abroad, it is crucial to weigh personal enrichment, professional opportunities, and pay. Moving internationally offers the chance for personal growth through new experiences, exploration, and immersion in diverse cultures. Furthermore, professional opportunities for growth and learning may be more enticing abroad than in one’s home country, as confirmed by MBA graduates interviewed in the study.
However, those who prioritize pay should consider staying in their home country. By remaining in familiar territory, individuals can maximize their compensation and potentially reach the financial peak of their career in a shorter time frame.
Ultimately, the decision to move internationally after obtaining an MBA is a personal one. It is important for graduates to carefully consider their career goals, personal aspirations, and financial expectations before making a final decision. By doing so, they can ensure that their MBA career is not only successful but also fulfilling.