ABSTRACT

Most full-time MBAs are graduating with a mountain of debt — not to mention lost salary from their time in the program — and are counting on a big salary bump in their post-MBA careers. As a general rule, big companies hire more MBAs and pay more in starting salaries than small companies, startup ventures, and nonprofit organizations. Finally, it’s worth reiterating that salary is only one factor among many in career decision. There are many great reasons for choosing to work at a nonprofit, startup, or smaller values-driven company. Besides job satisfaction, there are other tangible and intangible benefits these organizations might offer — from better work–life balance to paid community service days, extra vacation, or even company equity. Some individuals thrive in entrepreneurial environments, others need the structure of a big company or the mission-oriented nature of a nonprofit.