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MBA Salaries & Bonuses Increase

Posted By Jim On 01/27/2006 @ 5:32 pm In General,Personal Finance | 3 Comments

According to the Graduate Management Admissions Council (GMAC), salaries and signing bonuses for the more than 100,000 MBA graduates in the US averaged $106,000, a 13.5% jump from 2004. Salaries nominally rose to $88,600 past highs of $85,400 set in 2001 – with inflation, salaries still lag about $4,000 from the 2001 highs. A 2005 MBA graduate hired into an investment bank would likely pocket a sweet $40,000 for signing on the dotted line.

Another interesting thing they noted was that the health care industry is gobbling up MBAs. At Hopkins, there are a lot of people in a joint Nursing/Health Care/MBA program because of this growing trend.

via Yahoo [3].

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