Private equity is the hot spot in money these days with groups gobbling up companies left and right and big payoffs for members of the private equity firms. (we've reported on the pros and cons of private equity firms.) So--they are the place to be when it comes to making money, right? Well--business vets need not be bitter about reports that freshly-minted MBAs are making $400,000 per year -- before bonuses – in private equity. Because MBA Scouting Report’s Maury Hanigan said it ain’t necessarily so.
Hanigan is the president of the MBA Scouting Report, and she told CNBC’s Erin Burnett that that sum may be slightly misleading. The recruiting strategist noted that the “typical” annual salary gleaned by new Masters degree recipients is, on average, a mere $150,000 to $200,000.