If you start to research starting salaries for graduates with MBAs you'll get a host of different figures. For 2004, the MBA CSA survey reported a base salary of $71,096, the NACE survey gave a base salary of $72,930 and the GMAC survey reported $78,040. So we can definitively say that your start salary after you have gained an MBA is likely to be in the range of $70,000 to $80,000.
However, you shouldn't forget that this is only a median range. Actual salaries that were quoted ranged from around $25,000 to $150,000. I know where I'd be aiming for if I were just at the end of my MBA program.
I've just finished a conversation with one of my colleagues who works, as I do, in New Zealand. She wants to study for an MBA, and although there are several reputable universities that offer good MBAs here, they do not offer satisfactory online programs. My colleague needs to work full time so she really needs an online provider in order to be able to study and work. She also knows that if she gains her MBA she will be in line for the senior management levels of her organization - and other career prospects both in New Zealand and in other countries.
She asked me how I would solve the problem, knowing that I write about education, and so I suggested that she consider studying an online program from an American university. She's just emailed me to say that she's identified some 9 programs that would meet her specification, and so we are going to work out a matrix to help her choose the best program for her.
Now that's what I call global education!
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