Though four of the five top master of business administration (MBA) schools in the world for post-grad salaries are in the United States, this degree – and its earning potential – are going global.
Not only are Russian institutions up and coming in both student numbers and credibility, but one school in India has now cracked the top five for MBA salaries within three years of graduation.
A Brave, Old World 
According to 2013 school rankings from the Financial Times, degrees from the Indian Institute of Management, Ahmedabad (IIM-A) help graduates net up to $171,188 (U.S.) three years after graduating, lower only than Stanford ($194,645), Harvard ($187,223), Wharton ($180,772) and Columbia ($174,347).
The school ranks 26th overall this year, and 16th over a three-year period. It’s just as competitive as American business schools – perhaps even more so, considering the population difference between India and the United States. Other international schools are no slouches either; the London Business School (UK), IE Business School (Spain) and INSEAD (France/Singapore) all boast $150,000 salaries for grads within a three-year period after graduation.
Diversity Abroad
In addition to salary numbers, student populations are changing. A recent Bloomberg Businessweek article examined the diversity of MBA schools both in the United States and abroad. Using a 10-point scale, Bloomberg asked students to rate their institution and, not surprisingly, nine out of the top ten were located outside of the United States. The top school, INSEAD, has a population that’s over 95 percent international, thanks in part to campuses in France, Singapore and Abu Dhabi.
What this means, according to INSEAD graduate Adrian Lai is “being teamed up on a group project with a Spanish architect, a French management consultant, an Indian private banker and an Israeli intelligence officer.”
Prospective students now need to be aware of not only a growing disparity of MBA salaries between the top schools and lower-ranked schools – like the University of Alberta (Canada), which comes in at just over $85,000 three years post-graduation, or Fudan (China), that barely tops $80,000 – but also of the trend toward more diversity in schools, especially those beyond U.S. borders. With an Indian school cracking the top five, and international schools offering a much broader range of student experiences, schools in the United States may find themselves competing for student attention.
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