MBA by numbers ? Return on investment

If money is your motivation for studying for an MBA, then the earlier you enrol on your degree programme the better. Data from the Financial Times 2015 Global MBA rankings show that the pay increase of younger graduates in the three years after graduation outperforms that of their older counterparts in both percentage terms and absolute terms. The rankings are based on a survey of the MBA class of 2011 and analyses their career progress and salaries. Pay increase of MBA graduates three years after graduation compared Participants aged 24 or under when they started their degree saw their salary increase by nearly $69,000 in the three years after graduation, up 145 per cent on their pre-MBA salary. Their older counterparts, those aged 31 or above, had a pay increase of $56,000, or a 70 per cent increase. Those in the middle age group, who were 27 to 28 years old when they began their full-time MBA, had a pay increase of $67,000, just about doubling their pre-MBA salary. Broadly speaking, the same pattern occurs in all industry sectors and countries, regardless of whether graduates work overseas or move to a different industry. On average three out of four respondents to the FT survey were aged between 25 and 30 when they started their MBA, while 21 per cent were 31 or above and the remaining 4 per cent were 24 or younger. The older the participants were, the more likely they were to enrol in one-year European MBA programmes as opposed to two-year US-type MBA programmes. On average, 75 per cent of those aged 26 or under attended two-year programmes in comparison to only 43 per cent of those aged 31 or above. An MBA is a substantial...