Employment and Salary: MBA

Hey

This is my final week here in D.C., and by extension, my final week of blogs. After tomorrow's final blog, I will cease updating this and instead begin finalizing a first draft of my Senior Research project presentation.

Today, I'll do for MBA's what I did last week for patent attorneys, and what I'll do tomorrow for MPH's--I'll look at employment numbers and salary distribution

I can not, unfortunately, mind many absolute numbers for MBA's and it's nearly impossible to find anything specific to science majors. But, for business majors employment seems to be very good. In the U.S.A, LinkedIn reports a 95% employment rate after graduation for people who hold MBA's, which is up from just 91% just a year prior. This is a lot better than the baseline rate for recent college graduates (92.1%) and way above the after-graduation rate for Ph.D.'s, which sits at a measly 65%. Of course, these rates climb as time goes on, with 96% of college graduates and 98.5% of Ph.D.'s eventually finding work, but solid work right after graduation is generally a good thing and a fantastic first step to a prosperous life.

Salarywise, the picture looks good. Here is an article from Bloomberg about salaries based on field and institution. What's most striking is how variable it all is. It really is dependent on what business school you choose and what field you go to work in, BUT the overall market looks to be fairly high-paying, with median salaries usually in the >$100,000 range