GMAC Surveys How Graduate B-School Alumni Feel About Their Degree

GMAC released results from its 2016 Alumni Perspectives Survey, based on responses from 14,279 graduate business school alumni from 1980-2015, representing 275 programs in 70 universities at 20 worldwide locations. The survey examines the educational, professional, and personal outcomes of its respondents. ROI is measured based on employment rates, post-degree salary growth, job satisfaction, career advancement, and salary estimates three, five, and ten years post-graduation. 92% percent of alumni were employed at time of survey, of which 3% worked in the C-suite, 18% at the executive level, 31% at the senior level, and 46% at mid-level positions Compensation ROI †¢Ã‚  $2.5M – the median cumulative base salary for graduate business school alumni over 20 years post-graduation †¢Ã‚  3.5 – the average number of years it takes MBA alumni to recoup their b-school investment (for alumni of full-time MBA programs) †¢Ã‚  2.5 – the average number of years it takes MBA alumni to recoup their b-school investment (for alumni of part-time, flexible, online, and executive MBA programs) †¢Ã‚  0.8 – the average number of years it takes Master of Accounting graduates to recoup their investment †¢Ã‚  1.5 – the average number of years it takes Master of Finance graduates to recoup their investment †¢Ã‚  1 – the average number of years it takes Master in Management graduates to recoup their investment Value of the Degree †¢ 95% – alumni who value their degree as â€Å"outstanding/excellent† †¢ 93% – alumni who rate their degree as â€Å"personally rewarding† †¢ 89% – alumni who rate their degree as â€Å"professionally rewarding† †¢ 75% – alumni who rate their degree as â€Å"financially rewarding† †¢ 73% – alumni who said their degree provided them with faster career advancement †¢ 59% – alumni who were motivated to pursue their degree to increase their salary Check out the full report for more alumni perspectives. hbspt.cta.load(58291, '7de5e366-4f37-4aa9-8313-45a286c4665c', {}); Related Resources: †¢Ã‚  The Hottest Skills that will Land You the Hottest Jobs †¢Ã‚  The GMAC, the GMAT, and the MBA Degree †¢Ã‚  Jumpstart Your Business Career with a Masters in Management Program