There are many arguments as to whether the MBA has outlived its usefulness, and whether there is a beneficial effect for MBA graduates. Davies and Cline did an analysis of the performance of "plain vanilla" MBA graduate performance in comparison with average college graduates over the whole course of their careers.
The first and most important finding they made was that in 2002, participants of MBA programs (usually college graduates) earned a median salary of $50,000. Immediately they had finished their programs in 2003, the median starting salary was $75,000, excluding any signing bonus.
# posted by Mary @ 5:56 PM
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