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I was making 120k five years after graduating college.....and my company is NOT a fortune 200 company. making 100k after 33 years WITH an MBA seems a bit fishy or at the very least very underpaid.
My young relative graduated and into an 80k position right away.
disclaimer: we are in the northern VA area where the job market is pretty good, and engineering degrees get you far.
Congratulations, what's your point? $100k/Year is a fairly healthy salary even for someone with an MBA.
I was making 120k five years after graduating college.....and my company is NOT a fortune 200 company. making 100k after 33 years WITH an MBA seems a bit fishy or at the very least very underpaid.
My young relative graduated and into an 80k position right away.
disclaimer: we are in the northern VA area where the job market is pretty good, and engineering degrees get you far.
Quote:
Originally Posted by Dad0118
Congratulations, what's your point? $100k/Year is a fairly healthy salary even for someone with an MBA.
I was making a point....not boasting. You don't need to congratulate me.
my point (as you asked) is highlighted in my original post above for your review.
I was making a point....not boasting. You don't need to congratulate me.
my point (as you asked) is highlighted in my original post above for your review.
It's really not all that fishy at all. I posted a link get says 34% of MBA grads polled had 10-19 years experience had an average salary under 100k
I was making a point....not boasting. You don't need to congratulate me.
my point (as you asked) is highlighted in my original post above for your review.
I didn't take your message as a boast.
To me it sounds like you're experiencing a version of the Dunning-Kruger effect, something that affects many of us sometimes (myself included). Essentially you take the experiences of you and your peers and extrapolate it out to everyone. One example would be "All my pals make $100k+, so all other fairly competent people must be doing the same or they're doing something wrong." It's completely natural, but it skews our perceptions.
It's the same reason so many upper-class and wealthy people feel like they're middle-class, because everybody else in their peer group has the same life.
I was making 120k five years after graduating college.....and my company is NOT a fortune 200 company. making 100k after 33 years WITH an MBA seems a bit fishy or at the very least very underpaid.
My young relative graduated and into an 80k position right away.
disclaimer: we are in the northern VA area where the job market is pretty good, and engineering degrees get you far.
There is still a strange competition for fresh MBAs, which inflates entry level pay relative to the overall market. Several years in, those salaries will have less upside - - and few in the same company know or care about that MBA.
There is still a strange competition for fresh MBAs, which inflates entry level pay relative to the overall market. Several years in, those salaries will have less upside - - and few in the same company know or care about that MBA.
If you earned an MBA from a top 5 school in the US, there is plenty of salary upside especially in management consulting.
It's really not all that fishy at all. I posted a link get says 34% of MBA grads polled had 10-19 years experience had an average salary under 100k
Ouch. I guess that could be true, since all kinds of institutions grant MBAs, and some of them are very easy to get into.
I went to a top-5 school and the mean total compensation for people with 10 years of experience after graduating is $400,000. If someone from my school with 10 years' experience is making under $100,000 it is almost certainly because they are making lifestyle choices that prevent them from earning much money.
Ouch. I guess that could be true, since all kinds of institutions grant MBAs, and some of them are very easy to get into.
I went to a top-5 school and the mean total compensation for people with 10 years of experience after graduating is $400,000. If someone from my school with 10 years' experience is making under $100,000 it is almost certainly because they are making lifestyle choices that prevent them from earning much money.
Mean isn't a great number to use especially on it's own
Mean isn't a great number to use especially on it's own
You'd think someone with a MBA from a top 5 school would be aware of that.
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