Chinese University of Hong Kong CUHK Business School

MBA, Finance (1 year)

MBA: NEW PERSPECTIVES, MORE SALARY

Anyone with an MBA wants to make a career. The new Staufenbiel MBATrends study 2015/16 shows where MBA graduates particularly like to work and what they deserve.

EXPAND CAREER PROSPECTS

When asked what graduates see as the greatest advantage of studying for an MBA, 98 percent of those surveyed in the current Staufenbiel MBATrends study 2015/16 answered: "Expand career prospects". Almost as many want to acquire new specialist skills. Further important reasons for studying for an MBA are the expansion of the professional network and the gathering of international experience. Surprising: According to the universities, only 38 percent are working towards an increase in salaries with the MBA.

POPULAR INDUSTRIES FOR MBA GRADUATES

If you look at the entry-level industries of MBA graduates, the 2015/16 MBATrends study shows that the trends of the past years are currently continuing: Consulting is still the most popular industry, followed by IT / telecommunications. And this is not surprising, since these two areas have always been closely linked. Not least because the Master of Business Administration training is strongly advice-oriented and traditionally deals with many consulting topics. In addition to the classic case studies, practical business consulting has become a permanent fixture in most MBA providers.

Banking continues to rank third in the most popular entry-level industries for MBAs. The pharmaceutical and healthcare industry and the automotive sector are also in demand. The sectors in which MBA graduates gain a foothold after their studies often also depend on which business school they attended.

WHAT DO YOU EARN AFTER COMPLETING YOUR MBA?

Not only are the fees for an MBA course sometimes considerable - the return on investment after graduation is often not to be sneezed at. According to a long-term study of the "Business Week", the graduates of the top schools earned an average of 83 percent more than before the MBA. In the 2015/16 Staufenbiel MBATrends study, schools indicated how much their students earn after graduation. The leader in terms of salary in Europe is currently the Swiss IMD, which even has a base salary of around 110,000 euros without a bonus payment. In Germany, RWTH Aachen graduates are the least worried. You can count on a basic salary of 90,000 euros, followed by the MBA graduates from Mannheim Business School with 84,000 euros.

In comparison, base salaries in Europe are sometimes higher than in the United States, but usually fewer bonuses are paid. How high the salary actually is after your studies also depends on your own personality and your individual career. Nevertheless, the MBA on the business card helps to consistently advance the way up and fill exciting management positions at the interface between technical and business knowledge.