Business School Is Worth $22,000 More If You're White or Asian
Eight years after business school, black, Hispanic, and American Indian MBAs reap smaller salaries than their White and Asian classmates.
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For most people, going to business school leads to bigger and bigger paychecks. But you are likely to get the most out of the degree if you are a white or Asian man, Bloomberg data show.
Black, Hispanic, and American Indian MBAs who got their degree six to eight years ago earned exactly as much as their white and Asian peers right after leaving school, according to a Bloomberg survey of 12,700 alumni at more than 100 business schools. In the survey, conducted as part of our annual ranking of full-time MBA programs, both groups said they made a median $105,000 when they graduated.