The Simon School’s rate of job offers by three months after graduation matches Tuck’s for 2014, at 95% (average starting salary for newly minted MBAs was $116,000 from Tuck and $92,000 from Simon), but Simon is not an extreme outlier among non-elite schools. The University of Pittsburgh’s Katz Graduate School of Business, ranked No. 43 in the country by Poets&Quants, had a 2014 rate of 96%, according to BusinessWeek, and even schools further down the rankings, such as the University of Cincinnati College of Business, ranked No. 69 by Poets&Quants, and the University of Oklahoma, ranked No. 79, hit rates of 84% and 88%, respectively.
Ainslie says he cringes whenever he sees an article such as Finkelstein’s BBC piece. “It worries me a little when I see people say things like, ‘Middle management is dying,’” Ainslie says. “What is dying is the number of American people in their 20s applying to MBA programs. A lot of this is because there are these continual Chicken Little sky-is-falling articles.”