The $160,000 starter salary

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Source: BBC

If you could earn more money by going back to university for two years, would you do it? What if you could earn a vast amount more?

That’s been the result for graduates from a handful of the more prestigious masters of business administration (MBA) programs this year.

Median base pay, which had been unchanged for four years, rose 4% to an all-time high of $130,000

While some are earning mega-bucks, others are working hard on their interview skills and making that valuable first impression — can you really make a good impression and find early success, regardless of the degree?

These are topics several LinkedInInfluencers weighed in on this week. Here’s what two of them had to say.

(Credit: Thinkstock)

(Credit: Thinkstock)

John A Byrne, founder and chief executive at C Change Media

“Newly-minted MBAs from Stanford University’s Graduate School of Business landed record-breaking pay packages this year of $160, 287,” reported Byrne in his post You Won’t Believe How Much Employers are Paying Stanford MBAs. “Median base pay, which had been unchanged for four years, rose 4% to an all-time high of $130,000, while the median guaranteed annual bonus rose 67% to $52,500. Median sign-on bonuses for graduating MBAs of $25,000 remained unchanged,” he wrote.

But, Byrne added, that figure could actually be a low estimation as at Stanford, for example, the category ‘other guaranteed compensation’ doesn’t list perks such as “equity grants, stock options, tuition reimbursement, relocation expense reimbursement,” among other incentives.

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Categories: Economics, Economy, The Muslim Times

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