According to research reported in BusinessWeek …
MBA grads pay at business schools in Europe and Asia increased dramatically in the past couple of years.
Adjusted for local purchasing power, European and Asian MBAs have essentially caught up to U.S. MBAs.
To avoid distortions between countries, the pay levels are stated in “international dollars” that have been adjusted for purchasing power parity.
The researchers attributed the pay growth in Europe to the growing demand for MBAs in Europe and the geographic proximity of highly ranked European programs to the key labor markets they serve.
Why has MBA pay in the U.S. apparently stalled?
The Homa Files 