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MBA Salary in the USA
MBA Salary in the USA
According to a NACE Salary Survey, the base salary of MBA grads for students of 2020 was close to $79,043, despite the pandemic. This figure was $20,000 more than the projected average starting salary for MBA graduates.
This shows that pursuing an MBA in any part of the world pays you with rich dividends. In America, an MBA degree holds immense value to any firm or organization. Graduates who have completed the best MBA programs in the USA stand to earn higher than others globally.
According to market statistics, a Stanford MBA graduate in 2020 earned an average base salary of $150,000. You can find details about the average base salary for graduates having done the Best MBA programs in the USA in the given table.
Also Read – MBA Salaries Highest on Record in the US, Median Base at $115,000
As you can see, the figure scales more than 100K. Additionally, firms and organizations in the United States of America offer you with a signing bonus. Research done by the Corporate Recruiters Survey 2019 showed that half of the American organizations give new recruits with a signing bonus of $10,500 for MBA graduates.
Also Read – US Hiring Expected To Remain Strong In 2017, Says Jobvite Survey
| Top Business Schools in the USA | Average MBA Salary in USA (Class 2020) |
| Stanford GSB | $150,000 |
| Wharton School of Business | $150,000 |
| Kellogg School of Management | $144,400 |
| Booth School of Business | $150,000 |
| MIT Sloan School of Management | $150,000 |
| Harvard Business School | $130,000 |
| UC Berkeley (Haas) | $140,000 |
| Columbia Business School | $150,000 |
| Yale School of Management | $130,000(2019) |
| NYU (Stern) | $150,000 |
| Virginia (Darden) | $135,168 |
| Dartmouth Tuck | $150,000 |
| Duke (Fuqua) | $135,935 |
| Michigan (Ross) | $126,583 |
| Cornell (Johnson) | $138,767 |
| UCLA (Anderson) | $122,000 |
| USC (Marshall) | $130,000 |
| Texas-Austin (McCombs) | $125,000 |
| CMU (Tepper) | $136,000 |
| UNC (Kenan-Flagler) | $125,000 |
Also Read – 10 Dos And Don’ts For Salary Negotiations
Additional Benefits post MBA in the USA
Getting an MBA in the USA comes with tremendous benefits as you are offered retirement benefits, health coverage, and family life. Below are a few of the personal benefits provided by organizations based in the US:
According to BLS, USA, by 2024, there will be a decent rise of more than 23% in demand for business-related job roles. In 3 years, you are going to see close to 138,000 new opportunities arise from this demand.
Also Read – One Year MBA Class of 2019 at Goizueta Bag Average Base Salary of $130,363
It only goes to show that MBA degrees from the USA are gaining prominence. Few of the top recruiters include Apple, Bain & Company, Amazon, Goldman Sachs, BCG, JP Morgan, McKinsey, and Deloitte eye MBA graduates who have completed their course from the USA.
Also Read – How Much Could MBA Graduates Hope To Earn?
Salaries offered by top recruiters in the US for MBA graduates are as follows:
| Recruiters | Salaries (USD/year) |
| McKinsey & Co. | 160,000 |
| EY | 104,000 |
| Bain & Co. | 145,000 |
| JP Morgan | 125,000 |
| Amazon | 121,000 |
| Apple | 135,000 |
| Goldman & Sachs | 125,000 |
| Deloitte | 94,000 |
| KPMG | 96,000 |
Also Read –
Why MBA Aspirants Should Take Closer Look at Career Services?
US Hiring Expected To Remain Strong In 2017, Says Jobvite Survey
Harvard Grads Get The Best Pay & Bonus At $149,784 : US News
Best Business Schools For A Career In Investment Banking
MBAs reject offers, hold out for dream jobs
Columbia MBA Class of 2013 placements: $310K highest salary
5 Tips on How to Ace The In Person MBA Interview
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