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Executive MBAs Continue to See Higher Salaries
By Catherine Groux
Posted October 24, 2012 10:00 AM
Many EMBAs see their salaries soar after graduation.Many professionals decide to pursue an Executive Master of Business Administration (EMBA) degree to earn higher salaries, as this is a likely outcome of enrolling in a graduate program. In fact, EMBAs in the Class of 2012 saw their salaries rise by an average of 17.3% from the beginning to the end of their degree program, according to the Executive MBA Council's 2012 Student Exit Benchmarking Survey.
When these students enrolled in EMBA programs, they faced an average salary and bonus package of $140,587 per year. By the time they completed their program and earned an EMBA, this figure rose to $164,845. Last year, students saw similar results, as their average salaries rose by 16.3% throughout the course of their studies.
While EMBA students can indulge in higher salaries after graduation, Michael Desiderio, executive director of the Executive MBA Council, said this is merely one benefit of attending graduate school.
"EMBA students gain skills and perspective that make them better leaders and managers, and a network that lasts them for a lifetime and helps them move forward in their careers," Desiderio said.
Due to the many benefits of enrolling in graduate school, a majority of EMBA graduates - or 60.1% - said they were extremely likely to recommend the program to a friend or colleague. An additional 54.5% said they were very likely to continue to support their EMBA program as alumni.
