HBS / Yale / Wharton Business doctoral grads

What are average salaries for grads from these top schools after 1yr, 5yr, etc?

Just wondering how they compare to mid-range universities and low end ones.

 

Good questions. I once read an article about Tony Robbins who is VERY wealthy and does offer some good advice and is motivational. The author said he had yet to encounter anyone among his devoted following who themselves had become multi millionaires based on his advice. That isn't to say they aren't out there or that he doesn't make people better.

Does a graduate from Harvard with a bachelor's in Sociology make significantly more than a bachelor's degree in Sociology from South Dakota State located in a similar area.

Is the ROI significant.

 

I looked at the placements for HBS graduates, and about 90-95% go on to become professors.

The median salary for a new assistant business professor was $117k for the 2019-2020 school year. I can't find newer data at Higher Ed Jobs.

 

I looked at the Imperial College London's professorship payscale seems to be terrible.
https://www.imperial.ac.uk/human-resources/pay-and-pensions/salaries/academic/

 

An elite business professor might make a lot on the side consulting etc.

 

The UK, generally, has lower salaries than the U.S. The Higher Ed Jobs survey is for American institutions.

 

What kind of numbers are we talking in the Gulf?

 

If you look at say, the University of Virginia Darden School of Business, a business professor at a top business school makes in excess of $250,000/year.

The easiest thing to do is look at the best public business school and view their salaries. Since they are state funded, the information is published.

 

https://poetsandquants.com/2018/08/11/what-business-school-professors-are-paid-may-surprise-you/

Here is a good article from about 6 years ago. It shows some Finance professors make over $500,000 per year. Obviously, HBS grads that become professors are going to top business schools…so they are easily making closer to the $500,000 per year.

 

Most become professors and HBS, as well as other top b-school PhD grades, are going to make substantially more than your run of the mill PhD grad. The article I posted above shows that most are pushing close to $500,000/year.

 

I looked at UT Dallas business school salaries last year, and even some of their NTT assistant teaching professors were making more than $150k. One was making over $200k. In most other fields, assistant teaching professors don't even touch the high five figures.

 

You'll also find a lot of Ivy Plus and top public university grads at mid-tier schools; they push everyone else down and out of the market. 80% of professors earned their PhDs at 20% of the universities. Even at mid-tier universities, business school professors are earning a lot, though.

https://www.nature.com/articles/s41586-022-05222-x#Sec9

https://www.insidehighered.com/news/2022/09/23/new-study-finds-80-faculty-trained-20-institutions