MBA Ranking Based on Overall Starting Pay
Pay is important and one of the main reasons people go for MBAs. It's a good metric showing the quality of an MBA program and its career services. Here's the ranking of the top 15ish schools:
- Harvard: $149,784
- Dartmouth (Tuck): $148,025
- Wharton: $146,761
- Columbia: $146,436
- MIT (Sloan): $146,201
- Virginia (Darden): $146,136
- Stanford: $145,173
- Cornell (Johnson): $144,813
- Berkeley (Haas): $143,485
- Chicago (Booth): $143,475
- Duke (Fuqua): $143,382
- Michigan (Ross): $143,195
- Northwestern (Kellogg): $140,107
14: Yale SOM: $139,310 - NYU (Stern): $137,534
- UCLA (Anderson): $132,827
Compensation post-MBA is certainly important, but these metrics make me think that the after-tax difference between the top dozen or so is fairly negligible. Makes me think other factors are more important when coming to decide which school is best...
It's a stupid metric. For most b school jobs the pay scale is set. All bankers/Consultants/LDPs/etc make the same. The only real differences come at the margins. You are far better off ranking them by what you want to do, personally. There is no one size fits all ranking for b schools.
This ranking is pretty useless unless you divide the list into top pays wrt the major industry classifications post MBA.
There is no magic formula or 1 size fits all for anyone who plans on pursuing an MBA.
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