Congratulations to our MBA school partner, Northwestern University's Kellogg School of Management! They were featured in the following Poets and Quants article which highlights their success in posting record starting pay and bonuses for their recent MBA graduates.
Read an excerpt of the article below and continue to Poets and Quants for the full story.
Northwestern University’s Kellogg School of Management Global Hub Photo by Jonathan Gibby
Kellogg Posts Record MBA Pay With Jump In PE Jobs
JOHN A. BYRNE ON OCTOBER 03, 2019
This year’s MBAs at Northwestern University’s Kellogg School of Management graduated into one of the hottest MBA job markets ever this year, posting record starting pay and bonuses, according to a preliminary 2019 MBA employment report out today (Oct. 3).
Graduating MBAs racked up median starting salary and sign-on bonuses of $165,080, adjusted for the percentage of students reporting signing bonuses. That’s up 13.8% from last year’s $145,000, one of the largest year-over-year increases in MBA pay in many years. Median salaries rose to $140,000 from $130,000 in 2018, while median signing bonuses, received by 83.6% of the grads, jumped to $30,000 from $25,000 last year when only 60% of the graduates reported getting a sign-on bonus. Only four years ago, median MBA pay at Kellogg totaled just $139,750.
But there are two other notable surprises in today’s preliminary report:...
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