Stanford Sets A New Record For MBA Compensation: $231.7K

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Most graduating Stanford MBAs stay on the West Coast every year, and 2020 — a year defined by travel restrictions — was no different, with 60% remaining there. Those MBAs made a median $155,000 — lowest of all grads who stayed in North America, and lower than the continental median of $160,000. The 20% who relocated to the Northeast — or at least took jobs with companies based there, for which they perhaps onboarded remotely — made the most, with a median pay of $170K.

Eighty-nine percent of the MBA Class of 2020 stayed in North America, 6% weren’t to Asia, and 3% went to Europe. Another 1% each went to Africa and Latin America.

“Through months of ever-shifting safety rules, health guidelines, and hiring freezes, our students demonstrated resourcefulness, resilience, and patience in finding positions where they can make a difference,” Jamie Schein says. “Among the trends we saw in the Class of 2020: There was a rise in interest in health and wellness in light of the pandemic crisis; students either pivoted away from impacted fields like tourism and retail or found a tech route to those sectors; and because of the sudden shift to remote work, we saw the continued spread of tech into all sectors of commerce.”

Source: Stanford GSB

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