Report Finds Business School Graduates Commanding Six-Figure Salaries, Big Bonuses

The idea that attending business school is only worthwhile if you can get into the top 5 business schools is antiquated thinking, according to data gathered by a website that focuses on business schools and business school graduates.

Poets & Quants recently released data showing that many schools – including far lesser known schools than Harvard and Stanford – offer students an excellent chance to get a job upon graduation.

Topping the list is a relatively small school – the Goizueta School of Business at Emory University in Atlanta, Georgia. Slightly more than 98% of the school’s graduates had job offers after graduation, with a base salary of $100,000 and a signing bonus of $25,000.

Another school outside the usual Top 5 best business schools is the Fisher School of Business at Ohio State University, where 97% of graduates had a job offer upon graduation with an average starting salary of $90,000 and a bonus of $18,977.

The data is good news for those interested in attending a business school for either an undergraduate business administration degree or a Master’s of Business Administration. The high starting salaries, good bonuses and high percentage of graduates attaining a job is noteworthy considering the nation’s overall slow climb out of the recession.

Poets & Quants gathered the information directly from the business schools. The percentage figure for job offers is for the time frame of up to three months after graduation. The salary and bonus numbers are for the class of 2013.

The schools with the highest media salaries for graduates were:

• The Wharton School of Business at the University of Pennsylvania ($125,000)
• The Stanford School of Business ($125,000)
• The Haas School of Business at the University of California Berkeley ($120,000)
• The Kellogg School of Management at Northwestern University ($120,000)
• The Harvard Business School ($120,000)
• The Sloan School of Management at the Massachusetts Institute of Technology ($120,000))

The research indicates that almost all MBA graduates received bonuses of at least $20,000, with the highest bonuses going to graduates of New York University ($32,889) Columbia University ($30,000). More than half of the 30 schools had graduates who made bonuses of $25,000 or more.

The schools with the highest percentage of graduates finding a job within three months were:

• Emory University (98.1%)
• University of Pennsylvania (97.8%)
• Columbia University (97%)
• The Fisher College of Business at Ohio State University (97%)
• The Kenan Flagler Business School at the University of North Carolina (96.1%)
• The Stern School of Business at New York University (96%)
• The Olin Business School at Washington University (96%)
• The Foster School of Business at the University of Washington (96%)
• The McCombs School of Business at the University of Texas at Austin (95.9)

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