When it comes to salary, how much does where you get your MBA matter? An MBA is an MBA, so I assume there's a pay bump at the end of the day no matter where your degree is from?
https://www.usnews.com/education/best-graduate-schools/top-business-schools/slideshows/mba-programs-where-grads-earn-the-most-in-consulting
An MBA is *not* an MBA. They are definitely not equal
There was a study about this sometime ago (probably 10 years ago.) in short if you don’t graduate from a top 25 global program don’t bother, anything out of the top couple of hundred schools actually gave a negative return, ie you earned less afterwards than before. They looked at global schools.
Within the US f you can get a MBA from a top 25 school do it. Things become a bit more complicated if the company is paying but often in those cases it’s still better to pay out of pocket and go to a top school than the one the company makes you go to.
It’s not just about salary but opportunity. A good school will help with that. The increase in pay matters, if you get into HBS, chances are that you came from a good job and are heading off into a good job.
Not true. Another study showed that you might start out higher from a top 25 your gains were bigger from a lesser school and over time pay tended to equal out. However, you have a higher NPV from a a top 25 given the higher pay early on
Agree with the other posts here about making sure you’re in a top program otherwise not worth it (and “top” companies tend to not recruit at those schools anyway). Within schools they recruit at, there is no pay differential. Aka if you go to HBS or Stern or Georgetown, you get paid the same. (Note: this applies to large companies that hire multiple MBAs each year - may differ for smaller companies with different hiring practices).
I think T10 makes a significant difference. Here’s an example of TC growth across time in consulting / PE:
2015 - 75K
2016 - 85K
2017 - 105K
2018 - MBA
2019 - MBA
2020 - 175K
2021 - 215K
2022 - 240K
2023 - 300K
2024 - 450K
Can say pretty confidently wouldn’t be where I’m at with any MBA, including many in T25.
I would say top 30 as opposed to top 25. Lot of strong schools in the 25-30 category that fluctuates