MBA
The Impact of Moving Overseas on Your MBA Career
Last Updated on January 5, 2024 by Robert C. Hoopes
Title: Study Finds Moving Internationally after MBA May Impact Pay Prospects
Word count: 350
A recent study conducted by professors from the renowned Wharton School, London Business School, and Utrecht University has highlighted the potential impact of international relocation on the pay prospects of MBA graduates. Surprisingly, the study reveals that moving internationally once or twice after obtaining an MBA may hinder pay growth, while those who made more than four international moves experienced significantly higher pay growth.
The study involved analyzing survey data from 1,322 MBA graduates and found that those who stayed in their home country experienced greater pay growth compared to those who moved internationally early in their careers. These findings challenge the commonly held belief that gaining broader international experience automatically translates into higher compensation.
Nevertheless, the study also identified a group of graduates, labeled as “Superglobals,” who made more than four international moves. Remarkably, this subset enjoyed substantial pay growth and were highly sought after for high-level executive roles due to their extensive global experience and strong negotiating power during recruitment.
The authors advise MBA graduates to carefully consider personal enrichment, professional opportunities, and pay prospects when contemplating an international move after business school. While moving abroad offers exciting adventures and the chance to immerse oneself in diverse cultures, it may not necessarily translate into maximizing compensation and financial stability.
The study acknowledges that its sample may not represent all MBA graduates. However, it provides valuable general implications for those considering international moves. It urges individuals to weigh the potential benefits of personal and professional growth against the potential impact on pay prospects and financial stability.
Ultimately, this research challenges the widely-held notion that international mobility directly correlates with higher compensation. While moving abroad may offer unique opportunities for personal and professional development, MBA graduates need to assess their priorities and long-term career goals to make informed decisions.
As MBA graduates navigate their post-graduate careers, this study prompts them to carefully evaluate the potential trade-offs between personal growth, career advancement, and financial stability to make the most advantageous decisions for their MBA careers.