2/02/2014

MBA students salary trend analysis

 

A level 2009 MBA students find employment prospects difficult, because many companies are considering downscale or suspend recruitment. Britain's financial times for 2010 annual rankings and from a business school's collection of data display, for a recent graduate school year, actively looking for work for students, with one 5 people in the graduation after 3 months has not yet found work. The proportion is the same period in 2008 two times.

 

Once-over the ft 2010 annual MBA list, will be obvious to choose the right the importance of business school, graduate colleges and universities directly influence your career prospects and earning potential. However, MBA value maximization is concerned, when graduation may also important.

 

 

 

 

The data above covers the differences between different regions. North American business school graduates mainly in North America in search of work, they the hardest 3 months after graduation to find work -- about 23% of graduates failed to find a job. Asian business school alumni situation better -- 86% of the students in three months after graduation to find a job. However, all areas of the data shows, compared with 2008, the recent graduation MBA students short-term employment prospects worsened.

 

 

 

 

 

The economic downturn on MBA alumni influence not only confined to the recent graduate students. Britain's financial times in September 2009 to October at level 2006 alumni survey shows that their wages below 2005 level students. Overall, MBA college three years after graduation salary fell 1.5% to $121000 (measured at purchasing power parity).

 

 

 

 

 

Although the drop was not obvious, but it reduces the studying for an MBA return on investment. A level 2006 MBA students who start studying for an MBA when the average salary is $61000, three years after graduation salary level increased by 98% the previous year students dropped 7%.

 

 

 

 

 

However, 2009 years of MBA students are studying for an MBA to the career development feel satisfaction: 87% of participants said they realize the career development and improve revenue targets.

 

 

 

 

 

Based on the latest annual purchasing power parity data of previous the ft MBA survey salary data analysis of the latest underlines that the past economic recession to MBA students income have long-term effects. In 2002 the surveyed 1999 students of grade three years after graduation average salary for 120800 dollars. Under the Internet bubble burst and the September 11, 2001 terrorist attacks after the influence of 2003, their salary level dropped nearly 4%, reflecting the employment market more nervous and bonus decline.

 

 

 

 

 

However, a level 2001 students stand in the breach by the influence of the recession. At the peak of the crisis in the labor market of these students minimum wages, an average of about $113000. Until 2006, salary level to appear again -- growth increased 4.6% to $119200.

 

 

 

 

 

After 2007 years, and 2008 years of growth (2008 or lower), the 2009 data showed that the students' average salary level is back in 2002 and a similar level.

 

 

 

 

 

In addition to the overall level of salary data trend outside, different industry department also exist differences between. Traditionally, MBA graduates in the financial and banking departments of the highest salary - Britain's financial times survey MBA alumni in the department of the highest proportion of employment. However, perhaps is because the department many organizations in the bonus culture, 2002 years later, those in the banking and financial institutions work of MBA graduates absolute salary dropped most - from an average of 156000 dollar fell to $2005 in low. Although 2006 and 2007 increased, but still below 2002 years of high - 2009 salary for 133000 dollars.

 

 

 

 

 

Over the same period, in the second most MBA graduates welcome consultation department, salary level began to financial and banking average draw together. Public and non-profit department level of salary are contrarian growth - 2009 pay a 2002 report level rose 11%, despite a low base ($82200 to $91000).

 

 

 

 

 

All of the MBA students all know, past performance can not represent the future. However, it is not difficult to imagine that in the next few years MBA salary level will follow and 2001 years later similar trends. The latest round of economic recession will be at a UK all influence the financial times 2012 investigation level 2009 graduates to get clear embodiment of.