In fact, Emory University’s Goizueta School of Business–not Harvard or Stanford–had the best MBA placement record of any U.S. business school in the top 30, with 98.1% of the Class of 2013 reporting job offers three months after graduation. The University of North Carolina’s Kenan-Flagler Business School saw an improvement of eight percentage points over last year so that 96.1% of its MBA graduates had job offers three months after commencement.
Or consider Vanderbilt University’s Owen School, which reported all-time high placement and pay numbers this year: 95.6% of the school’s graduating MBAs had job offers three months after graduation, up from 91.1% last year, 86.9% in 2011, and 87.1% in 2010. Median salaries for the Class of 2013 showed a sharp increase to $100,000 from $92,000 last year.
SO MUCH FOR THAT POPPING MBA BUBBLE
This is true at one business school after another. At Georgetown University’s McDonough School of Business MBAs landed average base salaries this year of $103,695, a substantial increase from the $77,168 earned in the recession-plagued 2010. Signing bonuses rose to an average of $32,022, nearly double the $16,179 average in 2010.
What in the world was The Atlantic thinking when it claimed that “it’s undeniable that salaries for new MBAs have decreased since the recession.”
If this is a bubble that is popping, it’s a secret only The Atlantic knows–and obviously can’t keep to itself.