What is the starting salary that an MBA from an average university can expect.?
The answers to your questions would be all over the map. Average salary is meaningless and varies by school, location, grades, and other factors. Cost of programs also varies. Many programs offer scholarships, usually based on merit rather than need. You can find all of the information you want in the Official MBA Guide, a highly comprehensive service with over 2,000 programs worldwide, lists of starting salaries for top 40 schools, and much more. And it is free.
One hopes that the credit crunch will have exposed this MBA scam. It’s an overrated ‘qualification’ that has brought many industries to its knees. When the Japanese did not have any MBAs, their businesses did very well, often overtaking the west. But when they started appointing MBAs with their superficial understanding and bloated egos, they started going down the tube until firms like Toyota realised what was happening and stopped the rot. British industry has not recovered from its MBA encounter and the NHS in particular is reeling from all the stupid initiatives dreamt up by consultancies with the overpaid MBAs. How much to pay? Not more than plumbers who do fix somethings.
