Archive for the ‘MBA Compensation’ Category

Bloomberg: There’s a gender gap in MBA pay … and, it’s a big deal!

November 4, 2015

Biennially, Bloomberg (Business Week) ranks MBA schools based, in part, on surveys of employers, current students, and alumni.

This year, they used the alumni sample to assess career progression – how well MBAs are doing (and getting paid) a few years after their b-school graduation.

The general finding: “The data shows that 6 to 8 years after graduation, the typical alum makes $169,000 … triple their pre-MBA compensation.”

That’s pretty good, right?

But, there’s a big divide.

“Within a few years of graduation, women with MBAs earn lower salaries, manage fewer people, and are less pleased with their progress than men with the same degree.”

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What the heck is going on?

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Business Week: 2015 MBA Rankings … new process, new results.

November 3, 2015

Bloomberg (Business Week) changed the way it compiles its MBA rankings “with a sharper focus on what people most hope to get after business school.”

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Specifically, BW beefed up its emphasis on alumni feedback to calibrate how they’re doing,  what they’re earning and how happy they’re feeling.

And, BW says “Older elements of our ranking, including a tally of faculty research, have been scrapped because they don’t get at our fundamental question: How well does this business school channel its graduates into good jobs?”

Here is the revised list of metrics for scoring MBA programs.

  • Employer Survey (35 percent of total score):  recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills
  • Alumni Survey (30 percent):  feedback from the classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation change over time, and their midcareer job satisfaction
  • Student Survey (15 percent):  the class of 2015’s take on academics, career services, campus climate, and more
  • Job Placement Rate (10 percent):  the most recent data on how many MBAs seeking full-time jobs get them within three months of graduation
  • Starting Salary (10 percent):  most recent data on how much MBAs make in their first jobs after graduation, adjusted for industry and regional variation

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Here are the 2015 rankings …

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