PAYSCALE RANKS BABSON MBA ALUMNI AMONG HIGHEST FOR EARNINGS
Babson MBA graduates earn an average early career salary of $91,500 and an average midcareer salary of $137,900, according to PayScale Inc.
Among graduate business schools in New England, Babson ranks No. 4, behind Harvard, MIT, and Yale, and is the only school among those with a part-time MBA program. Among graduate business schools in the United States, Babson’s MBA program ranks No. 27.
“The relationship between college tuition, what a student chooses to study while in school, and becoming a wage earner after graduation has become clear,” said Katie Bardaro, lead economist at PayScale. “The PayScale College Salary Report focuses on salary because, simply, it's PayScale's expertise, and data on post-graduate earnings is hard to come by elsewhere. We want to empower students with information and set them up for success in regards to their future careers and financial health.”
All the data used to produce the 2014-2015 PayScale College Salary Report was collected from employees who successfully completed PayScale's salary survey (PayScale’s 2014 report utilized a sample of 1.4 million college graduates). Self-employed, project-based, and contract employees are not included. For example, project-based graphic designers and architects, and nearly all small business owners and novelists, are not included.
Creator of the largest database of individual compensation profiles in the world containing more than 40 million salary profiles, PayScale Inc. provides an immediate and precise snapshot of current market salaries to employees and employers through its online tools and software. PayScale's products are powered by innovative algorithms that dynamically acquire, analyze and aggregate compensation information for millions of individuals in real time. Publisher of the quarterly PayScale Index ™, PayScale's subscription software products for employers include PayScale MarketRate™, PayScale Insight™, and PayScale Insight Expert™. PayScale's cloud compensation software is used by more than 3,000 customers including Cummins, Warby Parker, Zendesk, Clemson University and Covenant Dove.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society—while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.