But how does the crisis affect their remuneration? It has long been known that business school graduates receive some of the highest salaries in the job market and the data from the last year reasserts this trend. For 82 % of MBA graduates their salary justified or exceeded expectations. Those who took the full-time two-year programme reported an average starting annual salary of 85,000 USD. Part-time alumni were also generously remunerated with an average of 76,000 USD and full-time one-year MBA graduates received an average of 73,203 USD. The additional bonuses for the two-year and one-year MBAs were respectively 15,000 USD and 12,000 USD.
What about the graduates from previous years? Read more here!
Going entrepreneurial
If we are to look for entrepreneurs in the graduate schools, the most logical area to start from is business education. Just as in other places, it is a minority of people who want to become their own bosses. The analysis shows that students from Executive MBA programmes are the most willing to start their own firm – 15,5 % report this as their goal. 5,2 % of the people in 1—year MBA programmes and 3,9 % of students in 2-year MBA programmes and part-time MBA also want to start their own business. Geographically, entrepreneurship is distributed in the following order: 8%, of Europeans are the most willing to take the big step and the second biggest group are Canadians, 7,3 %, citizens of Asia and Pacific countries are third followed by the Americans.
The respondents say that the most important motivation for starting their initiative is to follow their passion and do what they enjoy – something that also has to do with personal satisfaction and self-realisation. The possibility of being the main decision-maker, to manage all aspects of business and to have a personalized schedule are other leading factors cited by the participants.
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