While almost all B-school graduates from the US (97%) are likely to work in their own country, a majority of the Chinese are likely to work overseas (52%). Canada leads the table for annual median salary at entry level with US$ 75,000, but it is the US which pays the highest mid, senior and executive level salaries. The pay package for B-school alumni in India was among the lowest in the 18 countries listed in the survey.
"These are robust survey results in a debut effort from direct collaboration with 132 business schools in 29 countries. A fascinating highlight of this year's alumni survey is the wide reach of salary data. Seeing earnings data by job level for graduates of business school who work in India is helpful information to consider in one's career planning and expectations," said Michelle Sparkman Renz, director, research communications, GMAC.
As for B-school education, 77% of the alumni said it was financially rewarding. Old students also ensured that they keep in touch with the alma mater, be it for mentoring scholars or for recruitment.
Nearly 34% of recent alumni have kept contact with the faculty, while 28% attended alumni events. Around 43% of old students visited their alumni site, and an even higher 45% followed their Bschool on social media.
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