These firms pay those kind of starting salaries to a certain 'kind of person'.

That kind of person have MBAs because they are that kind of person.

The reverse logic is not necessarily true. Having a MBA doesn't necessarily make one that kind of person.

Most Business Analyst are not from business schools or MBAs. Most Consultants are however some may not be as they moved up the ranks from BA. However, the bigger strategy firms encourages their Consultants to attend business school.

No problem for that, but are you willing to receive the same package as those fresh graduates without MBA? Don't expect high salary with zero experience, although you have an MBA..

I agree with digitalz and PiggyAikz. MBA's value is normally seen when you're in the middle of the ladder..not at the beginning or bottom of the ladder

All said, MBA did increase one salary which its just a matter of time and experience even u are fresh grads. I just would like to encourage young gen y to take MBA if u have the desire. Whether u are fresh grad, eventually experience is an accumulative process.

Again it depends on your networking and the b-school you go to. Natural progression is there, but for some b-school grads there is the jump to a different industry, function or geography that's made possible by their networking and their MBA. This may include a jump in salary as well, sometimes quite significant.

My deepest apology if im somewhat doing a necromancy on a thread...

Dato’ Prof. Dr. Ibrahim Ahmad Bajunid currently serve as Deputy Vice-Chancellor in one of the local university in Malaysia and requested to teach on Strategic Management (Vice Chancellor asking to teach >_>)
Not sure about how famous he is in malaysia since im not malaysian.

His very Phd degree was from Harvard,
he proclaimed that he came back hoping to build his country, and he offered to teach so that he could produce seeds of younger generation who will be future leader

Not sure bout how much he's being paid but i believe he would get MORE pay out there,
i guess some people have their own dream and passion which is not based on materialistic

*i still can't really comprehend this since i kinda 'like' money*

If you wanna do an MBA, do it after you have worked 3-5 years.
If you do it straight after your first degree, it is worthless.

and dont just get an MBA. Go to a good school. there are many good MBA courses in Malaysia. Maybe Strathclyde or Nottingham.

remember, to have a bad MBA can be a liability. I rather hire someone with a good bachelor degree than one with a bad MBA.

If you are hoping for automatic salary increment after you finish your MBA, good luck with that!!!

For me, the benefit is intangible and hopefully long term.

From what I know, for a reputable university in Malaysia, a PHD level fresh graduate(totally no experience) will only make around 5.5k~7k as a lecturer.

I am not sure where do you get your figures of 5 digit salary.

So how much should someone with lets say, 5 years working experience and a MBA expect in their next job? Perhaps a 5-10% increase?

Secondly, while jumping from one industry to another, is it easy? Most of the job advertisements that i've come across are asking for experience in that particular field with a statement, MBA preferred.

Depends on:
1) Your working experience:
- Reputation of company (MNC, PLC or local)
- Job responsibility and position (Senior leadership, middle management or executives)
- Job scope and dimension

2) MBA credentials: If the uni is in FT100 then you can bargain with employer based on the link below:
http://rankings.ft.com/businessschoolranki...ba-ranking-2014

(However I doubt most companies in Malaysia can afford to hire those MBA grads, perhaps top 200 QS?)
http://www.topmba.com/mba-rankings/home

Correct me if i'm wrong but it's the bigger companies that will appreciate these top schools right?

Most people out there just want to get the certificate with the cheapest cost if they just want to work in Malaysia. I feel it's so wrong.

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I'm on the verge of considering an Masters for next year with around 3-4 years experience and I wouldn't even consider a jump for anything less than 20%.

Jumping industries gets harder the more senior / specialised you are unless the area of specialisation you are in is easily translatable across industries.

I agree with you. Those stupid idiots can easily make so much more money in stronger currency markets. Malangisa.

Well, to be honest, i don't think it's that easy to just get 20%. I've been just browsing through jobstreet + another few job sites and it's so hard even to get 10% more. This is if you are in the same industry.

Different industries will have different requirements and they want the experience in that field itself. This is the part i can't really see how are MBA grads allowed to apply with such requirement if they are jumping from another industry.

I do agree it gets harder once you are too specialized in a specific field.

Yea pay is much better out there but my point is doing a prestigious MBA should not be associated with a normal MBA in the eye of an employer. If that's the case, everyone will just pick some cheap MBA for the sake of getting the certificate.

I'm not saying it is not possible to get employers that understand the importance of doing a prestigious MBA but it's extremely niche in Malaysia.

I get what you mean... MBA is just not worth it in Malangsia.

I guess it depends on the industry? I've gotten two 20% jump to my current portfolio within a year, but perhaps I might have been undervalued to begin with.. Thus far, I've not heard of many who has taken anything less than 15%, and that is also because they were desperate to leave their old position.

I'm not sure what industry you are in, but I do think with your years of experience and education, getting a 20% should be of no problem..

What industry are you in?

I'm with manufacturing MNC although my job is more towards product development & product management.

Trying my best to move out of this industry.