HOW MUCH DOES A PERSON WITH AN ECON OR FINANCE DEGREE AND AN MBA MAKE IN THEIR LIFETIME?

Consider if they had their 4 year grade in economics or finance, how most would they make? Say they worked for the subsequent 40 years.

{ 2 comments… read them below or add one }

npm October 3, 2010 at 2:45 am

There’s huge variance, but top MBA programs report starting salaries in excess of $100,000, (http://www.admissionsconsultants.com/mba/compensation.asp) and they certainly go up with experience. So $5-$10 million would be a reasonable number.

Serge M October 3, 2010 at 3:32 am

There is a lot of variation. It can easily be shown with reasonable assumptions that the MBA degree adds more value over a lifetime, taking into account the loss of income during study, cost of tuition, and other costs. Starting salaries of MBA graduates range from about $40,000 to well over $150,000. The MBA can lead to multi million dollar incomes, unlikely for the person with only a bachelors degree.

Consult the Official MBA Guide, a comprehensive free public service with more than 2,000 MBA programs listed worldwide. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, etc), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. You can use the Guide to contact schools of your choice, examine their data, visit their web site, and send them pre applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. It’s the best service available at http://officialmbaguide.org.

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