MBA no more fast route to cash

Students on the top U.S. MBA programmes in the middle of the 1990s saw their salaries rise by 300 per cent within five years, but those who graduated from the same schools in 2008 and 2009 saw that increase halved, according to data collected for the Financial Time’s annual Global MBA rankings.

The MBA degree, often seen as the quickest route to a big pay check, no longer delivers the money it once did. At the same time, MBA students who enrolled in 2012 paid 62 per cent more in fees than those who began their programmes in 2005. Average fees for the 51 two-year U.S. degrees ranked by the FT were 106,000 dollars for those who enrolled in 2012.
The data also reveals good news for women who study for a business degree.  Salaries for women MBAs three years after graduation have traditionally trailed those of their male counterparts by about 20,000 dollars, but this year the salary gap narrowed for the first time. In 2012 women from the top 100 schools earned an average 110,000 dollars, compared to an average 132,000 dollars for men; this year average salaries were 126,000 and 136,000 dollars, respectively.

(03|2013) Source: Financial Times