Now you can practically calculate the ROI for that advanced degree. MBAs in private equity on average were earning $16,000 more than non-MBA’s, according to the 2008 Job Search Digest Private Equity Compensation Survey.
Although an MBA is not always required in private equity and VC careers, over half of the respondents have an MBA and our private equity jobs database indicates that many open positions still request (and sometimes require) an MBA. Perhaps the most important finding on the MBA front is that over 70 percent of Partners have an MBA.
As for compensation, the annual take-home for MBAs in private equity averaged $262,838, including bonus versus $246,793 for non-MBAs. This was slightly higher than the annual compensation for MBAs in hedge funds, which averaged $255,303 including bonus.
Visit JobSearchDigest.com to read the Executive Summary of the 2008 Private Equity Jobs Digest Compensation Survey.
Comments on this entry are closed.