EssaySnark

  • about
  • contact
  • help
  • sign up
  • login
CLICK FOR MORE!
  • Essay Questions
    • Harvard
    • Stanford
    • Wharton
    • Chicago Booth
    • Kellogg
    • MIT Sloan
    • Tuck
    • NYU Stern
    • Columbia
    • Yale SOM
    • Berkeley Haas
    • UVA Darden
    • Duke Fuqua
    • Michigan Ross
    • UCLA Anderson
    • Cornell
  • Strategy Guides
    • MBA Reapplicant Guide
    • Pitching Entrepreneurship as Your Post-MBA Career
    • Applying to European Business Schools
    • School-Specific MBA Application Guides
      • Harvard 2022 MBA Strategy Guide
      • Stanford 2021 MBA Strategy Guide
      • Wharton 2021 MBA Strategy Guide
      • Kellogg 2021 MBA Strategy Guide
      • Chicago Booth 2021 MBA Strategy Guide
      • Columbia 2021 MBA Strategy Guide
      • *MORE SCHOOL-SPECIFIC GUIDES HERE*
  • MBA Consulting
    • Free essay reviews
    • What stage are you in?
    • Military MBA
    • BIPOC Program
    • Testimonials & Reviews
    • Guest Posts
  • My SnarkCenter
    • My Strategy Guides
    • My Favorite Posts
    • Discounts & Offers

($) If the main reason for getting the MBA is financial…

March 16, 2017 by EssaySnark Leave a Comment

Most people who want an MBA are looking to increase their salary — and that’s fine. It’s understood that you’re looking to go back to school to change your employment profile and open up more opportunities. It’s probably the main reason you’re focusing on the full-time two-year on-campus MBA, and why you want to go to a hyped-up highly competitive highly ranked bschool.

We mentioned recently how graduates of online MBA programs report very similar levels of satisfaction with their choice of education as grads of full-time two-year MBAs, per data from GMAC Researchers.

However we’ve got another chart to share with you from the GMAC folks from that 2017 Alumni Perspectives report:

Hmmmmm.

Perhaps these numbers will change over time, as the online MBA becomes more accepted and more common, and more employers increase their recruiting from those programs. Right now, today, most recruiting from an online MBA is local to the school, despite the distributed and, errr, online nature of the program itself, which means that the students are more spread out. It’s harder for the online MBA programs to corral recruiters when there’s no campus or home base for these particular students. Even though we live in a virtual world, recruiting is still a face-to-face experience, and networking can matter.

Some more forward-thinking employers are embracing the virtual nature of the online MBA, realizing that if the students are dispersed then there’s a chance that the employer could fill open positions across its corporate infrastructure, or even perhaps entice an MBA student to relocate. However, the psychographics of the online MBA student imply that their less likely to be in a position to uproot themselves to pursue a new opportunity like that — otherwise they probably would’ve pursued a full-time MBA in the first place, instead of the online one.

The only other cohort with lower satisfaction scores on the financial benefits of the graduate education is the Master’s in Management group, which as we discussed previously, is likely attributed to that cohort being younger, and not in a position to leverage the graduate degree in their careers because they’re lacking the experience that you need as a necessary complement to the education in order to command the higher salary.

These charts are somewhat interesting for points of discussion and musings, so we thought we’d present them to you for your consideration as you look at your different options. This particular alumni survey is very broad, covering graduates of all levels of bschools from the most selective and high-end to lower-ranked ones as well, and obviously all flavors of master’s degree. The conclusions may not map to what your experience will be. But graphs and comparisons are fun to examine and hypothesize about.

Anything in these charts catch your eye? Tell us in the comments!

Filed Under: flavors of MBA, Master's programs

« Previous: How valuable is that MBA?
Next: ($) “bonkers” Part 2 (can an Engineer really switch over to Finance?) »

So who the heck is EssaySnark, anyway?!

We're the snarky experts in MBA admissions!

Sometimes amused and often appalled by what candidates write in their MBA applications to top bschools, EssaySnark created this little blahg to share common mistakes. Learn from them and avoid making admissions directors laugh (or want to hurl) when they read your essays. If you are hoping to have your essay reviewed anonymously on the blahg for free, submit it for consideration.

Want EssaySnark's personal assistance with your MBA applications? Start with our menu of consulting services and please read the Help FAQ to learn how we operate. Still have questions after doing all that? Email Team EssaySnark at gethelpnow at essaysnark dot com.

Good luck on your apps, Brave Supplicant!

Tell us what you think. Cancel reply

Your email address will not be published. Required fields are marked *

Sign up for the 'Snark via email

Enter your address to get weekday blahg posts by email.

UPCOMING MBA APP DEADLINES

  • (expected) Columbia J-Term/ED app to open
    in 0 weeks
  • INSEAD Jan '23 Intake Rd 3
    in 2 weeks
  • INSEAD Jan '23 Intake Rd 4
    in 1 month, 4 weeks
  • Harvard Round 1: Sept. 7
    in 3 months, 1 week
   
Get The MBA Countdown and get week by week guidance to plan your summer and get your apps done!
 
   

CLASS OF 2025 MBA APPLICATION STRATEGY GUIDES

From a BSer:
"love the guide books!"




    The 2022 Harvard MBA Application Guide - updated for the Class of 2025!
SnarkStrategies Guide for Harvard Business School!
   
   

Brave Supplicants' latest reviews on The 'Snark


2020-21 r1 candidate
Apr 19, 2021
 by 2020-21 r1 candidate on Waitlist Assist
Please get this if you have the resources!

I would recommend EssaySnark to every waitlisted candidate! I was waitlisted by one of HSW in R1 this... Read more

hopeful
Feb 11, 2021
 by hopeful on MBA Interview Prep: Custom Practice Questions
Helpful

Just wanted to say thank you for these questions! A lot of them were really tailored to my profile, ... Read more

George
Apr 10, 2020
 by George on EssaySnark
Great Starting Point

I thought getting over the GRE/GMAT hurdle was fairly straightforward--disciplined study then test execution... Read more






Not sure where to begin with EssaySnark?
Our Snark Selector
will tell you!



   
Get started now - without doing any work! The Comprehensive Profile Review will help you start your strategy for your MBA applications.


EssaySnark® is a registered trademark. All content copyright © 2010–2022 Snarkolicious Press · Privacy Policy

Where should you start with EssaySnark?

Which EssaySnark service is right for you? Answer a few questions to find out!

This field must be set to Everyone - then in the Settings -> HTML -> After Fields screen there's JavaScript to hide it.
Sending