Wall Street Journal Online (05/21/12) Melissa Korn
U.S. employers expect to offer new hires with master of business administration degrees a median starting salary of $90,000, according to a new report from the Graduate Management Admission Council, a figure that has held fairly constant for five years. Half of employers surveyed said they expect to keep starting salaries level with 2011, without adjusting for inflation. Technology is one of the hottest sectors for hiring this year. The survey found the number of tech firms expecting to hire MBAs increased by 22 percentage points over last year. Energy and utility companies are up by 14 points, consulting by nine points, and financial services by two points.
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