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 What is salary package after completing MBA course

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fuzzy
post Jul 22 2014, 05:26 PM

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QUOTE(silverwave @ Jul 21 2014, 10:17 AM)
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.
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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.
fuzzy
post Jul 23 2014, 09:06 AM

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QUOTE(silverwave @ Jul 22 2014, 11:02 PM)
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.
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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..
fuzzy
post Jul 23 2014, 09:19 AM

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QUOTE(silverwave @ Jul 23 2014, 09:18 AM)
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.
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I'm in Banking, specialising in Rewards smile.gif

 

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