"Recent data from Harvard Business School found MBA alumni are raking in median salaries of about $260,000 three years after graduating. At the University of Pennsylvania's Wharton School, alumni are earning $248,000, while MIT (Sloan) graduates are bringing in $246,000, according to the Financial Times. This eye-watering pay-and strong return on investment-at elite MBA programs is "no surprise," Jamie Beaton, founder and CEO of Crimson Education, a college admissions consulting firm, told Fortune."
"Late last year, billionaire Joe Liemandt was asked on the BigDeal podcast if young people should pursue an MBA. His answer was simple: "No." "That's an easy one for me," said the Trilogy Software and ESW Capital founder. "There's nothing on the business knowledge that you're going to come out of there that is a fraction of what you would get from building your own thing for that two years.""
As the job market tightens, many Gen Z college graduates struggle to secure stable employment, raising questions about degree value and debt burdens. Many MBA graduates, however, continue to see strong returns on investment. Recent data shows Harvard Business School alumni earn median salaries around $260,000 three years after graduation; Wharton alumni earn $248,000; MIT Sloan graduates earn $246,000. Elite MBAs frequently serve as gateways into management consulting, investment banking, and private equity, with top firms recruiting heavily from a small set of schools. Some leaders, including Joe Liemandt, Elon Musk, and Peter Thiel, argue entrepreneurship can offer superior business learning without MBA costs.
Read at Fortune
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