lawyer

the mba360 website has lately come out with a new service for mba students to make it possible for them to envision the salary they will probably earn on conclusion of

their studies. it also makes it possible to figure out when they will earn the investment spent on their studies toward this prestigious degree.

it is well known that in recent years students regard the mba degree as a financial investment proper. it is tested by business parameters such as roi. also, it is obvious that mba students that choose top-notch business schools spend a considerable amount of money to complete their degree. they are usually the ones who are able to return their investment in a shorter period of time since they are hired by top-notch firms that pay the highest salaries. the return on investment for an mba degree can take between two and six years. a number of parameters will determine the calculation:

1. which class of school the student attends class 1 class 2 class 3
2. the tuition for 24 months
3. pre-study salary
4. maintenance and upkeep fees in relation to salary
5. amount of time spent working during study period on a pre-study salary scale
6. financial aid received in the form of scholarships and bursaries given by government agencies or by the actual school
7. the country where the student will work after completing his degree
8. the position the graduate student will fulfill
9. the field that the graduate will eventually work and specialize in
10. number of years of experience before graduation
11. tax system in the country/state that the graduate mba will work in
12. estimated yearly salary growth

the investment

the modern student will test the mba program according to all the relevant criteria, including location, length of studies, cost of tuition and upkeep, loss of salary, among others.

the return

on the other hand, the salary that the graduate will eventually earn should cover all the expenses of study in a relatively short time.

the long-standing question is whether or not the investment is worthwhile. the main unknown factor is how long it will take to make a return on the investment. that is to say, the cost of tuition and costs divided between salary earned before earning the mba degree and the upgraded salary of the graduate.

following is a sample of a student planning to study in the usa:

• average tuition in a class 1 business school - $100,000 for a period of 24 months
• a comparison based a period of 24 months which is the length of study towards an mba:
• before receiving the mba: annual salary of $60,000 (while saving save half his salary)
• while studying for the mba, the student will work a part-time job (50%) and will earn $40,000 ($80,000 in 24 month)
• this same student can receive aid of $10,000
• this is to say that the cost of the degree in total is:

$120,000 +$60,000 = $180,000. - $10,000 = $170,000

• the student will work in northeast usa and will be employed in the field of risk capital advice.

the result according to the calculator:

during the third year the student will return his investment. on the assumption that his cost of living will rise by 7% each year he will save the sum of $201,424 after 3 years.

in other words roi will occur after 3 years. this refers to an investment with an annual return of 33%- a very nice return in any case.

(not taken into account is financial aid including long-term loans, etc. that add interest)

the mba360 gives the potential mba student an opportunity to estimate his potential earning power and his rate of roi it's just a click away. no more complicated tables and difficult calculations. just click and get your result.