Andy Chen This is Me

 Web References

1. 1. A Degree of Success / After a lull of several years, MBAs are once again in demand in several growing industries

   www.sfgate.com/cgi-bin/article - [Cached]

   Published on: 6/18/2005   Last Visited: 6/18/2005

   Andy Chen, assistant dean and director of the MBA Career Management Center at the Stanford Graduate School of Business, says that salaries are finally on their way back up after a lull. Although the class of 2005 has only recently moved into the workforce, preliminary indications are that base pay has risen eight percent to $105,000, compared to an average starting salary of $97,000 in 2004. It's good money coming out of the gate, but five years ago Stanford MBA graduates earned about $100,000. And although salaries may be returning to "normal" after a dip, the kinds of jobs that students are taking have shifted considerably.
   
   "What they choose to do is incredibly diverse," says Chen.
   ...
   Chen says that this shift is being driven by contraction in the financial-services industry and the growth of other sectors.