The salary expectations of an MBA graduate –
Does an MBA mean greater earnings?
An MBA from a top business school is a substantial investment. It is understood that the knowledge and training from such a program will make you a valuable asset in your future career - but what about the financial return on investment?
WHU believes that excellence in management requires more than expert business knowledge. We practice what we preach, which is why our MBA program trains students to become effective managers with a strategic vision, team spirit, and a sense of ethical behaviour and responsibility. We know our program generates a positive return and by collecting data from recent graduates on their jobs and salaries, we have the numbers to prove it.
While completing an MBA may not lead to an immediate rise in salary, the management knowledge gained throughout studies allows for greater confidence in tackling new challenges, a demonstration to employers of new skills and insights, which often leads to a salary increase.
What are WHU MBA graduates earning now?
Our students embark on an MBA to change and further their career, gaining essential experience to take their professional achievements to the next level. We accompany students on a journey of personal development, international experience, and networking to deliver them to their career aspirations. The dedicated MBA Career Center team provides tailored support along the way, helping 89% of the 2017 graduating class successfully change their job function, industry, or location, and supporting 82% of them in securing top positions within three months of graduation. For Marieke Otto, MBA Class of 2017, the program supported her transition into consultancy at AlixPartners. “The Career Center’s support was invaluable,” said Marieke. “The personal coaching sessions, company presentations, and interview trainings were particularly helpful.”
MBA graduates from WHU are assets to the business world and we’re proud to say the business world thinks so too. On average, the 2017 graduating class were financially rewarded in their new roles with salaries more than double their pre-MBA income; our 2017 graduates went on to an average post-MBA salary increase of an incredible 106%.
Is an MBA the only factor in salary increase?
While many other aspects such as industry and company size can also affect the starting salary of recent MBA graduates, it can be helpful to also consider the reputation of a university. With a top-ranked university such as the WHU, ranked #1 in Germany by the Financial Times in 2019, you can be sure that the progression into your future career, role or industry is in safe hands.
Germany’s strong economy makes it an excellent place to live and work. Our graduates agree, with many of them choosing to stay in Germany to continue their career. Germany welcomes internationals equally, and the government has now introduced an 18-month jobseeker’s visa for international graduates of a German university.
If you want to develop personally, boost your salary, expand your international exposure, and land your dream job, learn more about WHU’s MBA and invest in your future.