VIDEO: Wharton MBA Salaries Hit Record High

The pricetag of an MBA from Wharton School at the University of Pennsylvania suddenly doesn't seem so much, considering its graduates can expect to earn a salary of $150k after graduation.

In our monthly Applicant Bulletin, we bring you all the stories you need to support your business school application.

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Hello, I’m Simon from BusinessBecause, and welcome to this month’s Applicant Bulletin—where we bring you all the stories and developments you need to support your business school application.

MBA salaries at Wharton have rocketed this year.

According to the school’s most recent jobs report, Wharton MBA grads from the class of 2019 have an average starting salary of one-hundred-and-fifty thousand dollars.

That’s an eleven percent increase from last year’s average.

And over ninety eight percent of graduates seeking employment received job offers, with one hundred percent of MBAs from the class of 2020 landing an MBA internship.

The world’s first blockchain platform for recruiting international students launched this month.

Libereka was launched by tech startup, Education Index.

It gives students a blockchain education account where they store their academic credentials, transcripts, letters of recommendation, and English proficiency test.

Students can apply to multiple universities and accept scholarships with a single application form and one set of verified documents.

This month, the China Europe International Business School, or CEIBS, celebrates its twenty-fifth anniversary.

From humble origins in nineteen ninety four, this year the Shanghai-based school saw its full-time MBA ranked fifth in the world by the Financial Times.

The program joined the school’s EMBA, which is also ranked in the world’s top five by the FT.

European business schools dominate this year’s master’s in management ranking from the Financial Times.

The University of St Gallen sits in top spot, closely followed by HEC Paris and London Business School.

The rest of the top 10 is all about Europe, and includes ESCP Europe, Rotterdam School of Management, and the Smurfit Graduate Business School at University College Dublin.

Did you know, when Harvard Business School launched the world’s first MBA program in 1908, the thirty three students and fifteen faculty members were all white men.

This month on BusinessBecause, I ask if MBA programs are still elitist, or if things have changed for the better.

That’s all for this month. To find out more about any of the schools and stories mentioned, check out our website.

From me and the BusinessBecause team, until next month, goodbye.

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