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November 14, 2013 A graduating MBA student in Stanford University’s Graduate School of Business this year nailed down a private equity job in the northeast with a total compensation package north of half a million dollars. This year’s highest paid Stanford MBA, who had a business undergraduate degree and three to five years of work experience before getting a graduate degree, reported receiving a guaranteed annual bonus of $337,500–a sum that does not even include potential tuition reimbursement, relocation expenses, auto allowances, profit sharing, stock or stock options. If that student received the median base salary in private equity of $150,000 along with the median signing bonus of $35,000, the person’s total first-year compensation would be a minimum of $522,500. The numbers are disclosed in Stanford’s recently published employment report for the Class of 2013. All told, Stanford MBAs reported median base salaries of $125,000–exactly the same as last year. But median...