| UCD MBA ‘best value’ with $91,000 salary |
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| The return for MBAs was based on the salary progress of 1996 graduates, with salary weighted over the intervening years. |
The UCD Michael Smurfit Graduate School of Business proudly hailed its inclusion for the first time in the Financial Times’ top ten European business schools in January.
Ranked 41st in the world overall, the Blackrock-based graduate school was ranked first for value for money for MBA graduates.
The return for MBAs was based on the salary progress of 1996 graduates, with salary weighted over the intervening years. Salary was divided by the cost of the programme. The opportunity cost of full-time study was also included.
The weighted salary for UCD MBAs was $91,000. This compares to $157,000 among Stanford (USA) graduates and $113,000 from Insead in Paris.
It was the first time an Irish business school had been included in the ranking. The survey included responses from alumni of 75 world business schools.
UCD’s own survey of its 150 1998 MBA graduates shows that there was a fivefold increase in the numbers earning more than ?45,000 in salary after the programme as compared to before. Their main career destinations were
IT/telecomms – 21%
Health and medical – 20%
Financial services – 14%
Management consultancy – 10%
Only six per cent were self-employed after graduation, indicating that relatively few were leaving directly to start businesses. However, 10 per cent achieved the rank of Chairman or CEO after graduation. |
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| Article appeared in the February 2000 issue.
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