Harvard | Mr. Forbes U30 & Big Pharma
GMAT 640, GPA 3.4
Harvard | Mr. Brightside
GMAT 760, GPA 3.93
Wharton | Mr. Asset Manager – Research Associate
GMAT 730, GPA 3.6
Ross | Mr. FP&A
GMAT 730, GPA 3.5
Kenan-Flagler | Mr. 10 Years In Finance
GMAT Not Required / Waived, GPA 2.65
Harvard | Mr. Australian Navy
GMAT 770, GPA 3.74
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
NYU Stern | Ms. Civil Servant To Fortune 50
GRE Writing May 31st, GPA Undergrad: 3.0, Graduate: 3.59
Harvard | Ms. Social Enterprise/Healthcare
GRE 324, GPA 3.5
Harvard | Ms. FMCG Enthusiast Seeking Second MBA
GMAT 730, GPA 3.1
Stanford GSB | Mr. Former SEC Athlete
GMAT 620, GPA 3.8
Harvard | Mr. Supply Chain Photographer
GMAT 700, GPA 3.3
McCombs School of Business | Ms. Registered Nurse Entrepreneur
GMAT 630, GPA 3.59
MIT Sloan | Ms. Designer Turned Founder
GMAT 720, GPA 3.5
Kellogg | Ms. Not-For-Profit
GMAT TBD, GPA 4.0
INSEAD | Mr. Big Chill 770
GMAT 770, GPA 3-3.2
Harvard | Mr. Captain Mishra
GMAT 760, GPA 4.0
Ross | Mr. Dragon Age
GRE 327, GPA 2.19/4.0
Wharton | Ms. Type-A CPG PM
GMAT 750, GPA 3.42
Harvard | Ms. 2+2 Trader
GMAT 770, GPA 3.9
Berkeley Haas | Mr. Young Software Engineer
GRE 330, GPA 3.60
NYU Stern | Mr. Indian Analytics Consultant
GMAT 700, GPA 3.0
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 322, GPA 3.4
Columbia | Mr. RAV4 Chemical Engineer
GMAT 750, GPA 3.62
Wharton | Mr. Big 4 M&A
GMAT 760, GPA 3.5
Harvard | Mr. Aerospace Project Manager
GMAT 740, GPA 3.58
Columbia | Mr. Ambitious Veteran
GMAT 700, GPA 3.1

MBA Grads Wealthier & Less Happy

mba pay 2015

New MBA Grads Are Wealthier – and Less Happy

The good news: Recent MBA grads are making more than previous grads. The bad news: They are also more dissatisfied with their job offers.

Let’s start with the positive. 46% of newly minted MBA grads have had job offers for $125,000 or more, according to a new survey from Training the Street, a provider of educational courses.

The main reason behind the increase in salary? A strong competition for MBA talent, says Scott Rostan, founder and CEO of Training the Street.

“When you’re getting three, four offers from banks, and if you just do the math and think about that, that means a lot of firms are competing for the same people and the same talent,” Rostan tells CNBC. “If you’re a talented person, you’re going to be in high demand.”

Satisfaction rates

It gets better. More MBA students, roughly 28%, report receiving three or more job offers. When compared to last year’s 22%, it seems newly-minted MBA grads are getting more options. And more than half of students surveyed this year are “very satisfied” with their offers.

Despite the pay and offers, there is signs for worry. When compared to last year’s 45% satisfaction rate, the number of MBA students who report being satisfied with their job offers fell to 32%. Worse still, students who reported being dissatisfied with their offers has doubled from last year to 14%.

Like last year, the number of grads who report not receiving any employment offers has remained roughly the same at 17%.

So, what could these numbers mean? Well, according to Rostan, the increase in job offers means MBAs are in high demand. But that also means more competition.

“The war for talent is as strong as ever, and top candidates are in high demand, leading to higher starting salaries and multiple job offers,” Rostan tells PR Newswire. “Demand for MBAs remains strong, but firms are being more discerning in an effort to recruit those who can step in and contribute right away.”

Industry Preference

A large percentage of MBA grads reported a preference for working in consulting according to Training the Street. Roughly 31% of grads put working in consulting as their number one job choice. Last year, the number was 20%.

Part of the reason for consulting’s popularity may be the result of heavy recruitment efforts by consulting firms. 51% of respondents surveyed said consulting firms “actively recruited” them for employment. That’s up from 43% last year.

“We’ve seen a concerted effort on behalf of the big consulting firms to attract the strongest, young talent coming out of the nation’s business schools,” Rostan tells PR Newswire. “The results indicate that their efforts have paid off, as more MBAs see consulting firms as their top choice.”

Training the Street’s survey included a total of 262 students. 158 were full-time MBAs.

Sources: CNBC, Training The Street, PR Newswire

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