'The Harvard Premium: $1.4 million'
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Date: May 25th, 2010 8:30 PM Author: Multi-colored Athletic Conference University Subject: From NPR news
The Harvard Premium: $1.4 Million
3:44 pm
May 24, 2010
Sure, people who get Harvard MBAs make a lot of money.
What's striking is how much more money they make than people who get MBAs from other fancy business schools.
In the 20 years after they graduate, Harvard MBAs make $3.9 million on average, according to an analysis by Businessweek.
Grads from the University of Pennsylvania's Wharton school, second on the list, average $3.5 million over 20 years; for Columbia MBAs, the figure is $3.3 million.
The average 20-year pay for grads of the top 45 business schools is $2.5 million.
The scale of the figures is a reminder that most MBAs don't wind up making millions of dollars a year on Wall Street.
The numbers include salary and bonus, but not compensation that comes as stock. The figures are based on a database of 23,000 MBA grads that includes salary information on people who have recently graduated and on those who are 5, 10, 15 and 20 years out.
(http://www.autoadmit.com/thread.php?thread_id=1321222&forum_id=1#15083713) |
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Date: June 8th, 2010 1:42 PM Author: Bull headed rebellious hominid
Harvard does not have the edge that it held a generation or two ago. Increasingly, I have seen more and more people seriously consider a Harvard offer, but opt for places that are as good or better - especially for graduate school. Ironically, the snobbishness factor is often cited as a secondary factor for deciding to go elsewhere, such as Stanford (where perfect weather renders it a better place all the way around for many because all else is equally, really), UCambridge, Caltech, Chicago and Princeton. Harvard has the name, yes, but the gap is closed where faculty quality and overall academic experience are concerned. At the undergraduate level, many schools have really come into their own, especially some of the small liberal arts colleges such as Carleton, Swarthmore, Pomona, Amherst, Haverford, not to mention smallish universities such as Rice, etc. The intimate intensity of these institutions, if they're good fits, render them as extraordinary an experience as Harvard potentially is. And you can get anywhere from those places too.
I suppose I should admit that I declined an offer from the Kennedy School to attend the Woodrow Wilson School in the fall. I had aspired to Harvard from way back, but after visiting New Jersey and Massachusetts and really listening to my gut, Princeton came out on top, and I have never felt happier. My folks and friends were not at all taken aback either. Cambridge is great, but it is not the universe's center.
(http://www.autoadmit.com/thread.php?thread_id=1321222&forum_id=1#15193994) |
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