According to a recent survey by the Graduate Management Admission Council (GMAC), salaries for B-school graduates must be interpreted with caution because they are influenced by many factors, including work experience, industry, etc.
The median starting annual salary offered to US citizens who graduated from a full-time two-year MBA in 2013 is US$90,000, with an additional compensation of US$10,000. US citizens who graduated from a part-time MBA programme report a median annual salary of US$85,000.
Indian citizens who graduated from full-time two-year MBA programmes report a starting salary of US$34,988. European citizens who graduated from full-time one-year MBA programmes report the greatest median starting salaries, US$101,093. Management graduates working in consulting, technology and finance are most satisfied with their jobs, the survey finds.