A Master of Business Administration degree in global management prepares students for the thorny thickets of international business. International business management complicates the standard business management responsibilities by adding factors such as international regulations, national laws, political unrest and nongovernmental organizations. Students in the field study subjects like global political economies, global management, international economics, cultural studies and global crisis management. Starting salary levels for MBA graduates with global management degrees vary depending on a variety of factors.
Starting Salary Information
Few accurate statistics regarding the starting salary of a global management MBA exist. There are several reasons for this, including the fact that most wage statistics pertain to the position, and not the degree, an individual holds. According to the Princeton Review, the average graduate of the Thunderbird School of Global Management earns a starting salary of $76,309 as of the date of publication. According to a survey conducted by the Graduate Management Admission Council, the average MBA graduate earned a starting salary of $77,166 in 2006, or $10,736 more annually than the average grad school graduate.
The starting salary of someone with a MBA in global management depends heavily upon the job that individual holds. According to Degree Directory, a web-based resource, individuals with such degrees go on to jobs as purchasing agents, human resources managers, global resource supervisors, global call center managers, supply chain managers and corporate resource managers. Online resource Education Portal posits that most global management MBA candidates go on to jobs as management analysts or top executives.
Salary by Profession
The United States Bureau of Labor Statistics publishes salary information regarding the majority of professions a global studies MBA may enter. According to this information, the middle 50 percent of top executives earn $62,900 and $137,020 annually as of 2010, while the average chief executive earns $173,350. Purchasing managers earn an average annual salary of $100,600 in 2010, while human resources managers earn an average of $108,600 and management analysts earn an average of $87,260. Degree Directory reports that call center managers earn average salaries of $44,160, while buyers and purchasing managers earn around $75,000 annually in 2010. These statistics consider all salary ranges for the field, not just starting salaries.
Factors Affecting Starting Salary
Numerous factors affect the starting salary of a global management MBA. The nature of the company for which the individual works affects pay levels, as does the position held by the individual and the level of responsibility afforded by that position. Location also greatly impacts the starting salary of a global management MBA. Business personnel in the United States earn significantly more in coastal cities with large, business-oriented economies, such as New York, Boston and Los Angeles, than in southern or landlocked states with relatively small populations like Mississippi, Wisconsin or Arizona.
- Education Portal: Salary Info for an MBA in Global Management
- Degree Directory: Global Management (MBA) Master's Degree
- Princeton Review: Thunderbird School of Global Management
- Bureau of Labor Statistics: Top Executives Occupational Handbook 2010-11
- Bureau of Labor Statistics: Chief Executives Employment and Wage Statistics
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