Do investment bankers with an MBA get paid a lot?
Question:
lol yeah you probably get paid a ton, especially with an mba. investment banking takes a lot of time, normally 18 hour work days, but as you get farther into your career you'll start getting bonus's of around 1 million, 2 million, and then after about 6 years depending on how well your liked, if your were you should be, your salary should be between 6-10 million.
If you want to achieve an MBA, you should seriously get your undergrad degree first in either accounting or economics and while you are at it, look into what it would take to get your MBA and I assure you that you would know where exactly your degree can and will take you.
If all you can do at the moment is ask about the money aspect of a higher degree in education, maybe you should be looking at a trade school. Iron-workers and plumbers make a lot of money too, so what exactly is your point.
Yes and NO, if you come out of a Ivy League University or respected Business school, yes you will make a good amount coming out of school, particularly Princeton. The real money comes from funds management and your success in the first 5 years as an employee.
One of the best paying areas for an MBA would be a Chemical, Electrical or computer engineering pay well . Average is $52K to $46K based on CNN report for College Degree.
For MBA's business schools are the best, according to the Daily Texan QUOTE
"The average starting salary for MBA graduates of Harvard University is $99,848, while UT graduates earn an average starting salary of $77,403, according to U.S. News and World Report's 2006 report on America's best graduate schools. Harvard is ranked No. 1 on the list while UT shares a three-way tie with Emory University and the University of Washington for No. 18.
Companies often recruit from universities with prominent reputations to reduce uncertainty about the quality of new hires, the study said. They are also willing to pay higher salaries for this reason. The recent study was based on the reputations of 107 U.S. business schools ranked by 1,600 recruiters.
However, patent sharing etc. in the three engineering fields is where to make the money.
http://www.daylon.com/mba/
that site has some good info on MBA topics.
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