2014 MIT Sloan grad nabs $1.8 million first-year compensation
Pretty whopping number. If true, it would be the highest compensation ever recorded in MBA history.
http://poetsandquants.com/2014/11/14/a-1-8-million-haul-for-a-sloan-mba/
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Working for your dad's RE company shouldn't count
either family oriented business or extra zero typo on survey
Man, that number will skew sloans grad report
Are you guys fucking kidding me? it's self-reported. not real.
I doubt that MBA grads at top programs would deliberately lie on an anonymous placement report. Possible, yes, but unlikely. As a poster above me said, it's obviously a case where the person works for the family real estate business, and his/her dad is paying that much out as compensation.
Do you think someone would do that? just simply lie on a survey?
As with most articles on Poets & Quants, this is not worth discussing
pretty much
This is unlikely to be true and if it is, the MBA had nothing to do with it. It makes me wonder how many students are going to apply to MIT just because of this one figure.
Is it really impossible that they got into a buyside role that pays % of earnings had a great year? Some people go into an MBA 30 or older and already have very strong experience. Maybe they wanted the 2 year vacation. Just thinking of plausible scenarios.
No it's simply not possible. No buyside firm in their right mind would pay a guy just out of b-school (irrespective of the school or their work experience) seven-figure in GUARANTEED compensation. The highest ever recorded I believe was a Wharton grad back in like 2006 who got a guaranteed $700Kish package at a hedge fund. The MIT Sloan guy is definitely working for his family's real estate business.
My guess - Chinese national working for family conglomerate
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