The Boston-based investment firm MBAs first offered its “Harvard MBAs” on June 28, and they’re the first graduates to get a real job offer.
After their graduation, MBAs will be paid a $125-per-hour salary, starting in the spring of 2019, the Boston Globe reports.
The move was a way to attract the most qualified MBA graduates to the Boston area and keep the company in business, as its first graduates will now be able to work full-time.
MBAs started with $65,000 for an initial six-month internship, and now, with a salary of $125 per hour, MBA graduates can work full time.
MBA founder and CEO Mike Licht said that “Harvesting talent is at the heart of our success,” adding that he and his company’s top brass have “no qualms about going above and beyond to keep our graduates in the best job market.”