{"id":666,"date":"2010-05-25T16:15:31","date_gmt":"2010-05-25T21:15:31","guid":{"rendered":"http:\/\/www.manhattangmat.com\/blog\/?p=666"},"modified":"2019-09-05T16:25:14","modified_gmt":"2019-09-05T16:25:14","slug":"is-an-mba-synonymous-with-money","status":"publish","type":"post","link":"https:\/\/www.manhattanprep.com\/gmat\/blog\/is-an-mba-synonymous-with-money\/","title":{"rendered":"Is an MBA Synonymous with Money?"},"content":{"rendered":"

With all the recent\u00a0discussion about teaching ethics in business schools<\/a>,\u00a0some of us may have started to forget another factor involved in choosing to attend business school: moving up the pay scale.<\/p>\n

It’s good to remember that, according to the U.S. Census Bureau<\/a> , there is about a 20% increase in salary between a Bachelor’s degree and a Master’s degree, and that’s taking into account all of the Master’s degrees out there!<\/p>\n

Yet it seems that to make a lot of money you may have to spend a lot of money. A new study commissioned by Bloomberg BusinessWeek<\/a> has found that there is in fact a correlation between an MBA’s average salary and where he or she went to business school.<\/p>\n

Harvard, where students spend an average of $106,000 for their two years of education, comes in first. According to the study, the median income for HBS grads over a 20 year period is $3,867,903. Wharton is second and has the highest average salary at graduation: $137,000.<\/p>\n

But if you’re looking for a large percentage increase in salary over time, check out George Washington University, where the average salary increase in 20 years is 114 percent.<\/p>\n

It looks like \u00a0getting an MBA from a top school has its benefits. Added incentive to get a great GMAT score!<\/p>\n","protected":false},"excerpt":{"rendered":"

With all the recent\u00a0discussion about teaching ethics in business schools,\u00a0some of us may have started to forget another factor involved in choosing to attend business school: moving up the pay scale. It’s good to remember that, according to the U.S. Census Bureau , there is about a 20% increase in salary between a Bachelor’s degree […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[53530,53532,413,53531,533,655,53533,53529,784],"yst_prominent_words":[],"class_list":["post-666","post","type-post","status-publish","format-standard","hentry","category-mba-info","tag-bloomberg-businessweek","tag-gwu","tag-harvard","tag-income-for-mbas","tag-money","tag-salary","tag-salary-increase-for-mbas","tag-u-s-census-bureau","tag-wharton"],"_links":{"self":[{"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/posts\/666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/comments?post=666"}],"version-history":[{"count":1,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/posts\/666\/revisions"}],"predecessor-version":[{"id":15899,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/posts\/666\/revisions\/15899"}],"wp:attachment":[{"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/media?parent=666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/categories?post=666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/tags?post=666"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.manhattanprep.com\/gmat\/wp-json\/wp\/v2\/yst_prominent_words?post=666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}