The unique business challenges created by the pandemic have made companies more willing to pay up for those with the right skills, as MBA graduates saw their median income soar, The Wall Street Journal reported Nov 15.
The median salary grew by $5,000 for graduates of both the Wharton School of the University of Pennsylvania in Philadelphia and the University of Chicago's Booth School of Business, hitting $155,000. The Fuqua School of Business at Duke University in Durham, N.C., also reported the income for their graduates grew by 4 percent.
Various different sectors are looking for the skills that MBA graduates often have.
"M.B.A.s have more diverse types of job opportunities than ever before," Sheryle Dirks, associate dean for career management at Fuqua, told The Wall Street Journal. Finance, consulting and tech jobs saw the biggest salary offer jumps, according to Ms. Dirks.