How much are people making 5-10 years after business school. I’m class of 2016 from a M7 business school (kellogg, Columbia , booth) and making $325k. Is that below or above average?

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Part time MBA at a school toward the low end of the top 100 and I graduated in 2018. Came up through relatively unknown firms and am now with Deloitte. Base plus signing here gets me to $200k; we'll see what AIP and next year's base is.

Considering I paid less than $40k and had no help from my company, I couldn't ask for much more.

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OP - if say for a 2016 exit, that's fairly reasonable. You are likely in the top 5% of your class. There will always be outliers like lucky Lucy that joined a startup that IPO'd and technology Tom who is truly a genius software architect that would be way above you but thats not the average. It's not a like for like comparison anyways since higher comp as you progress equates to your overall experience and expertise.

Example - if two people, say Person 1: UG> 5 yrs in IT > MBA X > 5 yrs in consulting all in tech and person 2: UG > 7 yrs in health > MBA X> 5 yrs in consulting in all sorts of industries. If both these folks apply to a top tech exit post consulting, person 1 is almost always going to make way more in the long run. Why? Their 10 yrs of tech experience is worth a lot more than the 2 or 3 yrs person 2 got in tech while in consulting.

For context I'm a 2014 MBA from a T10. I was the lowest paid in my class at $80K. All my classmates at that time were pulling in 100K+. I joined a T2 (not big 4) and progressed pretty fast. So I broke $300K two years ago (right where you are), was probably in the top 5% of my class based on alumni surveys. Left consulting last year at $350K TC. Now an exec in industry with a TC package that would put me anywhere between $450K to $650K depending on how my stock options pan out.

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What service line at JP? You could be overpaid or underpaid without that info.

@op how many hours do you work? I mean 300k and working 50 hrs is vastly different than 300k and working 35 hrs

A lot less than I was in consulting

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Feels average for class of 2016
Would be high for class of 2017
Would be low for class of 2015

:)

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