Increase your salary as a result of an MBA
The Association of MBAs* 2008 career survey shows an unequivocal increase in salary
over time as a result of acquiring an MBA qualification. While MBA salaries often
do increase immediately on graduation, the real benefit in terms of salary can be
found during the next stages of a graduate’s career.
MBA graduates experience salary increases of 46 per cent
immediately after the MBA, 129 per cent
in the three to five years after the MBA, and 208 per cent
in the six to ten years after
the MBA.
In addition, 27 per cent
of MBAs are employed at board level in organizations within ten
years of graduation.
Overall increase in salary as a result of an MBA
Even with the omission of the lowest and highest-growth countries represented –
New Zealand and China – the adjusted increase in salary remains significant.
* The association of MBAs is the international impartial authority on postgraduate
business education. Its accreditation service is the global standard for all MBA,
DBA and MBM programs. The 2008 Career Survey is the seventh such publication produced
for the MBA community.