How much money MBAs make
How much money MBAs can really make? A recent article on Yahoo / Business Week says that it can vary from $75,000 to $150,000. Some think MBAs can make millions. There have been stories about Harvard MBAs earning millions. But exactly what percent of all MBAs make it big? How much money do they really make? Please share you thoughts.
It is a myth that MBAs make big money in the beginning
MBAs out of college make millions is a big myth. I know several people who are MBAs and they still haven't made millions. What my understanding is that MBAs out college make only the starting or current salary of their industry. However, if they are good and they work hard, eventually they will earn lot of money. MBA is a long term solution not some get rich quick scheme.
Most of the MBAs are likely to get into business for themselves, thus making millions.