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WallStreetOasis.com » Forums » Business School Barrage

Businessweek median earnings numbers - what? Forum's RSS Feed

raider4ever's picture
by raider4ever User's RSS Feed (Baboon, 144 Banana Points Points) on 2/12/09 at 3:54pm

What am I missing here? Recognize it's median not average, but these just seem wildly low.

bwnt.businessweek.com/interactive_reports/mba_pay_2009/index.asp?sortCol=pay_at_20_years&sortOrder=2&pageNum=1&resultNum=100

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Tags:
  • Harvard MBA median is $230K after 20 years
  • and that's tops for all US b-schools?
  • Business School Barrage
sick_willy's picture

I don't think this takes

by sick_willy User's RSS Feed (Orangutan, 321 Banana Points Points) on 2/12/09 at 4:10pm

I don't think this takes bonus into account

---------------------------
Ultimate goal:

Be getting laid by hotties constantly, have awesome friends, work out whenever i want, and make at least 200-300k while not slaving away

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cloud9's picture

PayScale tallied the median

by cloud9 User's RSS Feed (Monkey, 40 Banana Points Points) on 2/12/09 at 4:37pm

PayScale tallied the median cash compensation—including base pay and bonuses, but excluding stock and options—

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MMmonkey's picture

yup

by MMmonkey User's RSS Feed (Senior Orangutan, 389 Banana Points Points) on 2/12/09 at 8:57pm

I enjoy rereading these often:
http://www.businessweek.com/magazine/content/03_26/b3839081_mz021.htm

Quote:

My life has stopped, but I continue to age," deadpans Karen Levine, a Wharton School MBA who has worked at General Mills (GIS ), Unilever, Deloitte Consulting, Condé Nast, and Hearst. She has even served as a Six Sigma Black Belt at NBC (GE ). But in real terms, Levine made more in 1988 fresh out of Harvard College than she earns today in the marketing department at Hachette Filipacchi Media US Inc., where she's temporarily filling in for a woman on maternity leave. During her two years of battling unemployment, Levine has worked for $8 an hour at Pottery Barn and for $18 an hour as a temp for a Wall Street trading firm. "I can't even afford a dog," she says.

http://nymag.com/nymetro/news/bizfinance/finance/features/n_8453/

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gboi's picture

i think your expectations

by gboi User's RSS Feed (Monkey, 35 Banana Points Points) on 2/13/09 at 12:10am

i think your expectations for earnings are wildly high. say at a top school, 70% of graduates go into top tier finance and consulting (which are really the only well represented high-paying industries). they are making 150~200k off the bat. any ideas on what % of those are still in said industry after 5 years? my guess is around half. the hours in banking and the up or out policy see to that. an MBA isn't a golden ticket forever even if you get into one of those high paying industries.

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