Friday, May 29, 2020
EMBA Salary Statistics The Real Story
While articles proliferate around whether MBA salaries have gone up or down this year, an article in BusinessWeek (ââ¬Å"EMBA Salary Benefits: Less Than They Appear?â⬠) reports that the Executive MBA Council survey results had some pleasant surprises.à It looks like salaries have increased by 16.3% for 2011 EMBA graduates 20 months after graduation. The rise in salary upon graduation for full-time working students that took classes on the weekend was only 11.4% in 2010. While the high salaries of 2011 sound promising, there are a lot of other factors that might be at playââ¬âthese individuals get some kind of salary or bonus increase at work each year, regardless of degree. Another element is that many companies pay for their employeesââ¬â¢ EMBAs, so they are likely to continue investing in them once they have already made that initial investment. An article in Poets and Quants (ââ¬Å"Pay Up 16.3% For EMBA Gradsâ⬠) also looks at the Executive MBA Councilââ¬â¢s statistics and agrees that the 16.3% increase in salaries is ââ¬Å"hardly a no-brainer endorsement of the degreeââ¬â¢s return-on-investment.â⬠However, PQ still acknowledges that salaries are rising for EMBA graduates, which canââ¬â¢t be a bad thing. More importantly, the article also notes that EMBA graduates have ââ¬Å"high levels of satisfactionâ⬠with their degree experienceââ¬âa piece of information that may be more valuable to future applicants than raw salary statistics. Accepted.com ~ Helping You Write Your Best
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