According to a report by Bloomberg, Stanford graduates earn double the average graduate. Describing the reasons behind such huge gap in pay-scale, the report pointed out that Stanford has the best alumni network in the world. They also have a distinguished call to public service that most of the business programs lack. All these reasons have helped Stanford to become the most exclusive MBA program in the world.

This exclusive MBA program also has an admission rate of 5.1 percent, where Harvard has 9.6 percent and Wharton-Penn has 12.7 percent. According to Jay Bhatti, a Venture Capitalist (who has been a part of the recruiters at Stanford), it is well understood that the candidates who come to Stanford have already got offers from Harvard and Wharton.

An average Stanford candidate makes 285,000 USD with six to eight years of graduating. That is in segment as most of them end up in Bay Area, which has four of the country’s top fifteen average-adjusted gross incomes. Stanford also placed first in its alumni survey index, two spots ahead of Harvard.

The MBA graduates from Stanford also project a different attitude, desiring to follow their dream, rather than following large paychecks. Bloomberg report explains that highly ambitious students at other highly ranked business schools normally look for lucrative jobs in private equity and other well-paid sectors; while at Stanford, those sorts of jobs are simply ignored by the fellow students.

Stanford’s MBA program has also been ranked no. 1 by Forbes. It also has an exceptionally high number of foreign students who are more into starting their own business rather than earning equity. Some of the famous Stanford Graduate School of Business alums are Phil Knight, Founder of Nike; Charles Schwab, Founder of Charles Schwab; Joe Coulombe, Founder of Trader Joe’s; Mary Barra, CEO, General Motors; and Nolan Business, Founder of Atari, Chuck E. Cheese.