A new 'QS Global Business Schools Report 2013/14' has been released recently, assessing the top MBA programs of the globe with respect to the salary offered by the employer of the fresh MBA graduate.
On the basis of 4,318 responses of the employers of MBA holders and other recruiting firms who actively intake MBA grads, the report has highlighted that 5 schools obtained the maximum score for employer recognition, which also identifies those schools as the top b-schools in their region. Those 5 schools are Harvard and Stanford for region North America, INSEAD and London Business School for region Europe, and INSEAD again for region Asia-Pacific.
The report also focus on top 33 'elite global' business schools ranging from across North America having 18 b-schools, Europe with 13 management schools to Asia-Pacific which bags 3 such schools.
As per the report, the United States dominated in top MBA schools with offering 10 distinct subject specializations which are finance, strategy, innovation, leadership, marketing, entrepreneurship, corporate social responsibility, information management, operation management and international management.
Whereas Harvard College still stands top with having 5specialization out of the 10 subjects. Others in the same row are INSEAD, Kellogg, MIT Sloan, Stanford and Wharton.
The salary of the MBA graduates from North American B-schools gets a bit higher average pay than their European counterparts. The salaries of fresh MBA Graduates at US 'elite global' universities are around US$123,239, whereas in Europe the salary for the same must be US $122,983.
The Swiss business school IMD offers the highest average graduate salary which is about (US$159,912), and it stands ahead of the US's Stanford Graduate School of Business which has (US$156,265) on offer. Source: www.TopMBA.com.