As you likely already know, earning an MBA can be a boon to your career. The Graduate Management Admission Council’s 2015 Alumni Perspectives Survey Report showed that 90% of business school alumni believe that their program was directly responsible for increasing their earning power. The study canvassed more than 12,000 graduate business school alumni from 230 programs at 71 universities in 2014 and found that the median salary of MBAs in the United States was double that of the national average. And international graduates seem to fare even better—in the United Kingdom, for example, the MBAs’ median salary was 3.6 times the national average, and in India, it was 6.2 times. Moreover, five years after graduation, the majority of the polled business school graduates were in senior-level positions, while one in four held executive-level positions ten years after graduation and 5% were in the “c-suite” at the ten-year mark.
In addition, 84% of the business school alumni said their graduate management education offered opportunities for quicker career advancement. Overall, the surveyed MBAs seemed happy in their workplaces: most reported a high level of job satisfaction, 95% rated their program as a good to outstanding value, and 93% indicated that they would recommend their school to others.