A grad school degree used to mean something in this country: that you were willing to rack up some casual debt in order to keep the party known as higher education going. While the return on most grad students’ investment diminishes each year, there are a few business school brainiacs who are getting paid top dollar, due to where they chose to attend, in order to earn a few letters at the end of their names.
John Byrne of Poets & Quants, a website focused on top business schools, pored over the salary data released by b-schools to find the top offers from the best schools in the country. These numbers are actually conservative, since they are base salaries that don’t include signing bonuses, yearly bonuses, or equity awards.
Here are the top 10:
Northwestern (Kellogg): $375,000
Pennsylvania (Wharton): $350,000
Columbia Business School: $310,000
Duke (Fuqua): $260,000
Chicago (Booth): $250,000
NYU (Stern): $237,600
Stanford Graduate School of Business: $225,000
Harvard Business School: $222,000**
UCLA (Anderson): $200,000
(*INSEAD offers a one-year MBA from which people graduate in December, so this is 2012 data. **HBS only discloses the top 75th percentile of base salary.)
No surprises amongst this list, really. When you think future
decimators of the economy leaders of America, these institutions are the usual suspects.
If it makes your broke ass feel better, Kellogg students pay nearly $60,000 a year in tuition, meaning those nerds will have to forego buying a new Bentley upon graduation, and instead will tragically have to settle for driving a new BMW 3 series to the top of American society. Some guys just can’t catch a break.
[via Business Insider]