P&Q’s Must Reads: High & Low MBA Salaries And Bonuses At The Top 100 B-Schools

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:  High & Low MBA Salaries And Bonuses At The Top 100 B-Schools

In the mountain of salary and bonus stats released in conjunction with U.S. News‘ annual ranking, two graduates of Harvard Business School’s MBA Class of 2022 earn special notice. 

Even as HBS took the prize for highest MBA salary for a U.S. citizen, a cool $550,000, one of Harvard’s international MBAs nearly doubled up his classmate, reporting a $1 million starting salary at a finance/accounting job based in the U.S. Northeast. Both of these HBS grads’ salaries dwarf the highest salaries reported in 2021.

Yet Harvard did not corner the market on flashy numbers in 2022. Six schools reported high U.S. salaries of $300K or more, and four reported the same for foreign graduates. 

You can see all the base pay, signing bonuses, and total compensation for the top schools in this story, now in our trending tab.

No. 2 Cornell Johnson Names Its Next Dean: Long-Time Operations Prof Vishal Gaur

Vishal Gaur, a professor of operations at Cornell Johnson Graduate School of Management, has been named the Anne and Elmer Lindseth Dean, effective July 1.

Gaur takes the reins from Mark Nelson who has served as dean since 2016. Nelson, who has been at Cornell for more than a quarter century, will return full time to his position as professor of accounting.

Andrew Karolyi, dean of Cornell SC Johnson College of Business, says: “Vishal has demonstrated his outstanding commitment to the Johnson School time and again, as a distinguished scholar, as an award-winning educator and especially as an effective leader. I couldn’t be more pleased that he’ll lead the school into its next phase.”

Read the full story on our homepage.

No. 3 INSEAD Revamps Its MBA Curriculum, Putting A Heavy Focus On Sustainability

INSEAD will launch in January a renewed MBA curriculum that embeds sustainability into all 14 of its core courses. It’s also introducing a new capstone project that integrates sustainability considerations across all management areas.

While sustainability courses and initiatives have exploded at business schools over the last several years, INSEAD, ranked No. 2 in the Financial Times’ 2023 Global MBA Ranking, is likely one of the first elite business schools to integrate sustainability into its core MBA curriculum in such a comprehensive way.

Get more details in our story, 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 this story from our friends at Fortuna Admissions on making your MBA application sing: Positioning Extracurriculars On Your MBA Application is available in our admissions hub. 

Next: If you’re shopping for an MBA consultant to help you through the arduous process, check out our roundup of the The Top MBA Admission Consulting Firms Of 2023. You can find it in our trending tab.

Finally: If Stanford is on your shortlist of MBA target schools, be sure to read 3 Things Stanford GSB Looks For In Applicants. You’ll find it in our news tab.

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

I also want to alert school seekers to Center Court’s’ upcoming MBA Festival admission event. In these virtual panels, you’ll hear from admission gurus and career experts from leading business schools around the world. Our next event is June 6-7, and you can 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!