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Home / Average Salary for MBA Graduates: Unveiling the Figures

London School of International Business (LSIB)

What is the average salary for graduates of programs in MBA?

Many factors can influence the average salary for graduates of MBA programs, including the school attended, the industry they enter, and their level of experience. However, according to the latest data, the average salary for MBA graduates in the United States is around $87,000 per year.

Top MBA Programs and Average Salaries

University Average Salary
Harvard Business School $150,000
Stanford Graduate School of Business $145,000
University of Pennsylvania (Wharton) $140,000
University of Chicago (Booth) $135,000
Northwestern University (Kellogg) $130,000

These top MBA programs consistently produce graduates who earn high salaries, thanks to their strong reputations and extensive networks. Graduates from these schools often go on to work in prestigious companies and industries, which can contribute to their higher earning potential.

Factors Affecting MBA Salaries

While the average salary for MBA graduates is impressive, it's important to note that individual salaries can vary widely based on several factors. Some of the key factors that can influence an MBA graduate's salary include:

  • Industry: Certain industries, such as consulting and finance, tend to offer higher salaries for MBA graduates.
  • Location: Salaries can vary based on the cost of living in different regions.
  • Experience: MBA graduates with more work experience or specialized skills may command higher salaries.
  • Networking: Building a strong professional network can open up opportunities for higher-paying jobs.

Overall, earning an MBA can be a valuable investment in your future, leading to increased earning potential and career advancement. By choosing the right program and leveraging your skills and connections, you can maximize your salary potential as an MBA graduate.