The financial services sector is still the biggest employer of recently graduated MBAs, according to the 2011 Alumni Perspectives Survey which is published by the Graduate Management Admission Council. Twenty-two percent of MBAs found their way into finance or accounting last year, compared with 15% who entered consulting, the other traditional draw. The median base salary for students who graduated in 2010 was $78,820. This compares with an average salary of $75,000 in 2009. Students could also expect a bonus of $15,000.
In what seems to be becoming a trend among business schools, future MBAs at the University of California, Berkeley are being given two free days on one of the school’s executive education programmes. The offer will be open for five years after their graduation. The news comes after the Wharton School announced a similar scheme in December, allowing its MBAs to take a free executive education class every seven years.