TopMBA.com International MBA Recruitment and Salary Report 2007
QS Research 1990-2007

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Figure 11: Average Salaries in US & Europe 1996-2007

The levels of global MBA salaries tend to be cyclical reflecting economic trends. The 1990s was a decade of uninterrupted economic growth resulting in ever-increasing salary and bonus packages. A growing pool of MBA graduates was eagerly recruited by businesses worldwide. Despite the dot.com disruptions in the US market in 2000, the momentum behind this trend fuelled increasing salaries until 2001. This trend reversed in 2002, however, and salaries fell almost to the 1998 pre-dotcom boom level (Figure 11).

In 2007, average consulting base salaries in North America and Europe at US $ 99,500 have, once again, exceeded those in financial services at US $ 93,500 (the latter edged ahead in 2003 for one year only).

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QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2007
© QS Quacquarelli Symonds Ltd. 2007
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