... will be one of the determinants of his/her incremental income. The other, the post-MBA income, is a function of the school, the candidate, and the state of the economy (GDP growth rate, unemployment, ... analyzing the financial value of an MBA, the starting salary of the graduate is only part of the equation. The value added by the degree is the function of the differential between the pre-MBA ... degree is the additional salary that results from the degree, while the cost of the investment is the foregone income and associated tuition and fees. The internal rate of return (IRR) on the MBA...