The numbers are in: a 10-month supply chain master's degree from MIT allows you to begin your career faster, with more money and less debt.
Based on the cumulative average of previous classes' earnings, it would take someone who graduated from MIT's two-year MBA program ten years to catch up.
See the chart below for a detailed analysis of the potential cumulative earnings of our supply chain master's degree program versus a traditional MBA program.
The two-year MBA student pays twice as much to the university and is out of the workforce for twice as long. While an MIT MBA graduate receives a slightly higher paycheck upon graduation, they are much further behind by the time they graduate. It takes them 10 years to catch up to the MIT SCM graduate.
What if you just stayed at your desk and hung onto your old job? How do your earnings compare to your peer who enrolls in the MIT SCM Program? Look at the below chart to find out.
The person who joins the MIT SCM program initially falls behind by paying the university and missing their salary for two semesters, but they re-enter the work force at a much higher pay level – a recent average of 70% higher. If both persons are given the same annual cost of living percentage increase, the MIT SCM graduate quickly overtakes (in under four years) the person who kept their old job. After 10 years, the MIT grad is ahead by $300,000.