The Impact of Moving Overseas on Your MBA Career

Last Updated on January 3, 2024 by Robert C. Hoopes

Title: International Relocation After MBA: A Double-Edged Sword for Pay Prospects

Subtitle: Study Sheds Light on Benefits and Drawbacks of International Moves for MBA Graduates

Date: [Insert Date]

[Insert location] – Moving internationally after obtaining an MBA may have a mixed impact on pay prospects, according to a recent study conducted by professors from prestigious business schools. The study’s findings, based on an analysis of data from 1,322 MBA graduates, highlight the importance of considering personal enrichment, professional opportunities, and pay before making the decision to relocate.

The study revealed that MBA graduates who made one or two international moves experienced slower pay growth compared to their counterparts who remained in their home country. However, a small group of MBA graduates who made more than four international moves enjoyed substantial pay growth, becoming known as “Superglobals.”

Superglobals were identified as possessing extensive global knowledge and skills, making them highly attractive candidates for high-level executive roles and with strong negotiation power. Their ability to navigate diverse cultures and adapt to various business environments gave them a competitive edge, resulting in increased compensation.

“While moving internationally can offer incredible personal enrichment and professional opportunities, it’s important to consider the potential impact on pay,” advised one of the authors. “Superglobals demonstrate that with multiple international moves, an MBA graduate can acquire a unique set of skills and experiences that make them highly valuable in the global job market.”

The study emphasized the significance of personal enrichment through exposure to new cultures and the exciting adventures that await those who venture abroad. Immersion in different cultures can foster adaptability, open-mindedness, and intercultural communication skills, all of which are highly valued in the business world.

Moreover, foreign countries often offer compelling professional opportunities such as greater growth prospects and learning experiences compared to graduates who remain in their home countries. The chance to work with diverse teams and contribute to international organizations can broaden one’s skill set while opening doors to new and exciting possibilities.

However, it is crucial to note that if maximizing compensation and ensuring financial stability are top priorities, it may be wise to remain in one’s home country. The study’s findings indicate that those who chose not to relocate experienced faster pay growth over time.

It is important to recognize that the conclusions of this study do not apply to all MBA graduates. Nevertheless, they provide general implications for those considering international job moves. The research was published in the prestigious Harvard Business Review and the Academy of Management, underscoring the significance of its findings.

In conclusion, the decision to move internationally after earning an MBA involves weighing personal enrichment, professional opportunities, and potential pay prospects. While moving may impede immediate pay growth, the study suggests that multiple international moves can transform graduates into “Superglobals” with heightened earning potential. Ultimately, every individual should carefully evaluate their priorities and aspirations before making the life-altering decision to relocate.