Who has higher entry level salary with no prior work experience? |
Depends on the industry |
The chance of getting into Harvard MBA with no work experience is 0 these days.
https://www.hbs.edu/mba/admissions/class-profile/Pages/default.aspx What is the desired length of work experience you wish to see in candidates? The HBS MBA Program is designed for students who have at least two years of full-time work experience before matriculation. College seniors need to apply through the 2+2 application in the expectation that they will be offered "deferred admission", i.e. an offer of admission to a future class conditional upon acquiring full-time work experience, as a positive outcome. It is important for candidates to assess their own readiness when deciding to apply: there is no universal "right" time. |
Yale Law has 15 percent directly from college:
https://law.yale.edu/admissions/profiles-statistics |
Biglaw first years make about $205k. |
MBA from an Ivy has the higher earnings on average. Those guys can print money by doing the same power point for 10 clients. |
Yls has way better outcomes than hbs The median person at yls looks in the mirror and sees “senator” |
https://www.wsj.com/articles/on-wall-street-lawyers-make-more-than-bankers-now-ae8070a7 |
Lawyer here. If I had it to do over I'd probably do an MBA and go into IB. But the higher salary straight out of law school or b school? Really depends on where you are able to land. |
PP here. With the caveat from the other PP above -- not sure who is heading to get an MBA at Harvard with no work experience. |
And for this reason the YLS grad is making more right out the door and maybe average over course of career. I think the HBS grads have a bigger spread and definitely a substantial number that make way more than the YLS grads as top c-suite for major companies or in i banking. A lot of those YLS grade end up ditching big law for academia, judiciary, in house, etc, eventually. |
Relevance? |
Sad but true. |
By default a YLS grad is pretty much going to be making a lot of money if they go into big law and ultimately become a partner.
An MBA probably has more paths to making $$. And the top of the heap in IB/PE/VC is usually going to clear more than biglaw. Unsure of purely entry level salary but biglaw seems more standardized. |
MBA higher mean, but higher variance. |