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Spring 2004

ISSN 0890-913X

Volume 19, Number 2

Categories: Spring 2004 | Education

The Effects of the MBA Degree on Earnings in Russia: The CSU-Hayward Experience

Leo Kahane, California State University - Hayward

Jagdish Agrawal, California State University - Hayward

Gary Wishniewsky, California State University - Hayward

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TheEffectsoftheMBADegreeonEarningsinRussia:TheCSU-HaywardExperienceLeoKahaneJagdishAgrawalGaryWishniewskyCaliforniaStateUniversity---HaywardRecentspeculationandresearchoneconomicoutcomesoftheMBATheworthofanMBAdegreehasbeenlongandoftendebatedamongprospects,students,alumni,facultyandemployers.MBApromotionalliteratureproposesbenefitsincludingsalaryenhancement,careeradvancement,andalumninetworking.Incomparingthetuition,fees,andtextbookcoststothefinancialbenefits,speculationaboundsontherewards,mostoftenmeasuredinpercentageincreaseinpost-MBAsalary.LukeJohnson,inTheSundayTelegraph,opinesthatforatwo-year,$100,000investmentatHarvardorWharton,salaryincreasescanbeA80percentofpre-MBAincome@uponcompletion.Withoutcitingsources,headds,ASomemaintainanMBAshouldbeseenasastraightforwardinvestmentinyourcareer,withapaybackofbetween3and6years@(Johnson).Inanearlierarticle,CherylGuldenstatedthatintheyear2000,AaLondonBusinessSchoolgraduatecouldexpectanincreaseof160%insalaryoverhisorherpre-MBAdays,whileatManchesterBusinessSchoolthefigurewas154%.YSomebusinessschoolsintheUnitedStateswillmorethandoubletheaveragestudent'ssalary,withincreasesof216%atHarvardand225%atWharton.@CitingtheAssociationof

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Title	The Effects of the MBA Degree on Earnings in Russia: The CSU-Hayward Experience
Authors/Creators:	Leo Kahane, California State University - Hayward Jagdish Agrawal, California State University - Hayward Gary Wishniewsky, California State University - Hayward
Year:	2004
Volume:	19
Number:	2
Pages:	86 - 103
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	Adult education, Business management, Salary determination, Curriculum, Economic theory, Costs

Citation:
Kahane, Leo; Agrawal, Jagdish; Wishniewsky, Gary / 2004. "The Effects of the MBA Degree on Earnings in Russia: The CSU-Hayward Experience." The Journal of Private Enterprise, 19(2): 86-103.