What difference does a master's make?

“It makes a tremendous difference. I think there is a certain subset of business careers that are only available to MBA graduates. Currently at the Carlson School (University of Minnesota Twin Cities campus) the average pre-MBA salary of our students is $40,500. With Class of 2011 graduates, the average is around $95,000. So, over twice, on average, over twice the increase.”

— Michelle Chevalier, Director of the Graduate Business Career Center at the Carlson School of Management, in a KARE 11 report: Master’s degrees: Help or hindrance?

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