P&Q’s Must Reads: NYU Stern MBAs Shattered School Pay Records In 2022

Hello everyone  –- Welcome back to Poets&Quants’ Must Reads, a quick, digestible recap of the top business school news, sponsored by CentreCourt, P&Q’s virtual admission events.

I’m your host, Kristy Bleizeffer, and I’ll be highlighting the most important P&Q stories you might have missed. So, let’s get to it. 

No. 1: NYU Stern MBAs Shattered School Pay Records In 2022

At Poets&Quants, we’re starting to get the first look at job reports from the top business schools, and a third top-15 business school has just reported record salaries for MBAs who graduated earlier this year.

NYU Stern School of Business showed record-high compensation on its Class of 2022 employment report, including the highest-ever median base salary and the highest-ever average total compensation. Stern joins the University of Michigan Ross School of Business and UC-Berkeley Haas School of Business in reporting outcomes that emphasize the continued strong ROI of the degree.

Dig into the job details at NYU Stern and other top schools in our news tab.

No. 2: Why Cornell Is Shuttering Its 1-Year Accelerated MBA

For years, Cornell University has boasted not one but two industry-leading one-year MBA programs. No longer. Cornell’s Johnson College of Business will shutter its one-year Accelerated MBA after the graduation of this year’s class in order to double down on the school’s other May-to-May program, the New York City-based Tech MBA.

The dean of Cornell’s SC Johnson College of Business, says it was a hard choice to close down the Accelerated MBA, which for more than two decades has been among the top-ranked one-year programs in the United States. But he adds that Cornell’s leadership sees more promise in the five-year-old Tech MBA, a collaborative effort with Cornell Tech.

You can read more about Cornell’s Tech MBA now, on our trending tab.

 No. 3: Meet IIM Bangalore’s EPGP Class Of 2023

It has become a cliché to call Bangalore the “Silicon Valley of India” – or even Asia. Still, it is impossible to deny similarities.

India’s startup and tech hub, Bangalore – or Bengaluru – boasts a $110 billion dollar GDP, matching the economic output of Morocco as a whole. The region gobbled up nearly 60% of India’s startup funding from 2020-2020, with over a third of India’s IT professionals calling it home. 

This week, we take a look at IIM’s EPGP (Executive Post-Graduate Program), through profiles from its class of 2023. The return on investment of the program is remarkably high. Within three years of graduation, EPGP grads are earning more than American counterparts from Cornell and Duke – with a 67% jump between pre- and post-graduation pay. 

Read all the profiles now, on our homepage.

No. 4: Our Weekly Round Up of  News You Can Use

No matter where you are in your MBA journey, we bring several helpful stories for you this week.

First up: Don’t miss our second annual $50,000 pitch competition with Washington University’s Olin Business School. The BIG IdeaBounce® is a pitch contest open to all current undergraduate and graduate school students or any prospect interested in a graduate business school degree. There are three rounds to the competition, starting with the submission of your idea in an easy-to-complete online form that is open through Jan. 15, 2023. Get full entry details, and more on that $50,000 prize, in our news tab.

Next: For those looking for the right programs, we have the latest employment reports from the class of 2022. This week, you can get the stats for Notre Dame’s Mendoza, Emory Goizueta, and Berkeley Haas. Find these and other recent jobs reports in our news tab.

Finally: Articulating your career vision is one of the most critical elements of your entire business school application. This story, from Fortuna Admissions, helps you craft a compelling career story for your MBA application. Read it now in our admissions tab.

And, that’s it for this week’s Must Reads recap. 

I also want to alert all the school seekers out there to CentreCourt’s upcoming MBA Festival events. For those interested in online MBAs, our next backstage event is November 15-16. Register now for free.

Again, I’m Kristy Bleizeffer, and you can join me next week, right here, for a recap of what’s important in the world of business education. Thanks for listening and, as always, stay informed!

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