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interesting statistic of mba salary

Figure out where you wish to apply
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by vikram4689 » Sat Jun 02, 2012 6:13 am
take this example of a person having a 1,000,000 INR package in india. if he moves to usa he will have an equivalent salary of $140000 in usa (taking 1$=50inr and valuation ratio as 7) so if same person gets a job of $120000 POST-MBA then that is a loss.

Found this comparison on a website, is there any ground to believe that ?
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by Jim@StratusPrep » Sat Jun 02, 2012 10:47 am
What do you mean by valuation ratio? However, that analysis would still be off as you would more than make up the difference in your second year. You have to think about the time value of money and lifetime earnings.
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by vikram4689 » Sat Jun 02, 2012 4:21 pm
valuation ratio - lets say if i am earning X INR in india and if i move to US and pursue a similar job there then i would get $Y (calculated through valuation ration) i.e. $Y is amount of money that will provide me same lifestyle status which i could earn in india with X INR
However, that analysis would still be off as you would more than make up the difference in your second year.
I did not get what you meant here - do you mean that increments in salary would be much higher POST_MBA
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by vkredi » Sun Jun 03, 2012 10:22 am
Hi Vikram,
You've gone way too far with the conversion!!

1. 1,000,000 INR - is this your annual package? or monthly? If annual, it is in NO WAY equivalent to $140K in the USA. Not even close to even $100K for the value or the quality of life you get here. If you are a bachelor, a 1,000,000 INR annual package could equal to $60K-75K in the USA (depending on the city you live in). If 1,000,000 INR is your monthly - why in hell do you want to come to the USA?

2. The second comparison I want to highlight is the salary in the USA. 140K in the New York city area isn't the same as the 140K in Arizona! I highly doubt whether you'll get such a figure post-MBA in Arizona, but anyway, I hope you get the idea. It is like comparing a 10L package in NCR (Delhi,Noida,Gurgaon) vs Indore.

Also, if salary is your only criteria to do your MBA, then you need to rethink your MBA needs my friend!
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by mohan514 » Thu Jul 26, 2012 8:14 am
vkredi wrote:Hi Vikram,
You've gone way too far with the conversion!!

1. 1,000,000 INR - is this your annual package? or monthly? If annual, it is in NO WAY equivalent to $140K in the USA. Not even close to even $100K for the value or the quality of life you get here. If you are a bachelor, a 1,000,000 INR annual package could equal to $60K-75K in the USA (depending on the city you live in). If 1,000,000 INR is your monthly - why in hell do you want to come to the USA?

2. The second comparison I want to highlight is the salary in the USA. 140K in the New York city area isn't the same as the 140K in Arizona! I highly doubt whether you'll get such a figure post-MBA in Arizona, but anyway, I hope you get the idea. It is like comparing a 10L package in NCR (Delhi,Noida,Gurgaon) vs Indore.

Also, if salary is your only criteria to do your MBA, then you need to rethink your MBA needs my friend!
sir if salary alone is the criteria what should i do..
i mean can you suggest me some ms courses which can give back good returns as soon as possible without fail...
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