What Are Average MBA Starting Salaries for Graduates?

MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from Elizabeth City State University, the average MBA graduate annual salary is $35,850.00 . A degree from Stanford University, will provide an annual salary of $182,272.00.

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Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in business administration can be significantly higher than those of graduates with only a bachelor’s degree in business. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 6.9% each year through the year 2028 with an annual need of 230,000 new managers needed each year.

Average MBA starting salary for graduates from universities is $81,313.72 with the lowest of starting of $35,850.00 and the highest reported starting salary of $182,272.00.

25 Highest MBA Starting Salaries for MBA Graduates

  1. Stanford University - $182,272.00
  2. Northwestern University - $175,000.00
  3. Harvard University - $175,000.00
  4. University of Illinois at Chicago - $167,977.00
  5. University of Pennsylvania - $166,391.00
  6. The University of Chicago - $165,887.00
  7. Columbia University - $162,099.00
  8. New York University - $161,475.00
  9. Dartmouth College - $159,842.00
  10. Massachusetts Institute of Technology - $159,391.00
  11. University of Virginia-Darden - $157,090.00
  12. Cornell University - $155,048.00
  13. Texas State University - $155,000.00
  14. The University of Michigan - $153,465.00
  15. University of California, Berkeley - $152,831.00
  16. Yale University - $152,744.00
  17. Duke University - $152,297.00
  18. University of Washington Tacoma - $151,322.00
  19. University of Southern California - $150,314.00
  20. Emory University - $149,759.00
  21. Carnegie Mellon University - $148,067.00
  22. University of Washington - $147,340.00
  23. University of California, Los Angeles - $146,727.00
  24. The University of Texas at Austin - $144,564.00
  25. Rice University - $142,212.00

25 Lowest MBA Starting Salaries for MBA Graduates

  1. Elizabeth City State University - $35,850.00
  2. Grambling State University - $39,900.00
  3. Eastern Kentucky University - $42,450.00
  4. Francis Marion University - $42,600.00
  5. University of Maryland Eastern Shore - $42,900.00
  6. South Carolina State University - $43,200.00
  7. Western Carolina University - $44,100.00
  8. Arkansas Tech University - $44,250.00
  9. University of Arkansas at Fort Smith - $44,550.00
  10. The University of North Carolina at Asheville - $45,750.00
  11. Campbellsville University - $45,916.00
  12. The University of North Dakota - $46,200.00
  13. Delaware State University - $46,300.00
  14. Winston-Salem State University - $46,350.00
  15. Millsaps College - $46,750.00
  16. Louisiana Tech University - $46,771.00
  17. University of Wisconsin-La Crosse - $46,809.00
  18. Norfolk State University - $47,300.00
  19. McNeese State University - $47,550.00
  20. University of South Dakota - $47,553.00
  21. Stockton University - $47,700.00
  22. Southeastern Louisiana University - $47,900.00
  23. Northwestern State University of Louisiana - $48,150.00
  24. Alabama A&M University - $48,200.00
  25. North Carolina Central University - $48,300.00
Best Mba Starting Salaries For Graduates

Best MBA Starting Salaries for Graduates

ROI for MBA Programs: In-State Tuition / MBA Starting Salary

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 Stanford University 55.04% $165,591 $182,272CANo
2 Northwestern University 54.00% $162,030 $175,000ILNo
2 Harvard University 58.40% $149,820 $175,000MANo
4 University of Illinois at Chicago 139.37% $60,264 $167,977ILYes
5 University of Pennsylvania 46.26% $179,852 $166,391PANo
6 The University of Chicago 49.55% $167,393 $165,887ILNo
7 Columbia University 44.96% $180,258 $162,099NYNo
8 New York University 50.42% $160,130 $161,475NYYes
9 Dartmouth College 48.31% $165,442 $159,842NHNo
10 Massachusetts Institute of Technology 48.59% $164,000 $159,391MANo
11 University of Virginia-Darden 51.95% $151,200 $157,090VAYes
12 Cornell University 35.29% $219,688 $155,048NYNo
13 Texas State University 331.69% $23,365 $155,000TXNo
14 The University of Michigan 55.99% $137,056 $153,465MINo
15 University of California, Berkeley 54.73% $139,628 $152,831CANo
16 Yale University 49.74% $153,540 $152,744CTNo
17 Duke University 48.33% $157,546 $152,297NCNo
18 University of Washington Tacoma 152.84% $49,504 $151,322WANo
19 University of Southern California 48.70% $154,339 $150,314CAYes
20 Emory University 49.36% $151,689 $149,759GANo
21 Carnegie Mellon University 50.21% $147,456 $148,067PAYes
22 University of Washington 95.81% $76,890 $147,340WANo
23 University of California, Los Angeles 51.61% $142,142 $146,727CANo
24 The University of Texas at Austin 60.02% $120,432 $144,564TXNo
25 Rice University 51.13% $139,081 $142,212TXNo
26 Vanderbilt University 53.32% $131,000 $139,711INNo
27 Georgetown University 55.50% $124,814 $138,552DCYes
28 Georgia Institute of Technology 107.89% $63,404 $136,819GANo
29 Indiana University Bloomington/Indianapolis 112.02% $60,858 $136,352INYes
30 The University of North Carolina at Chapel Hill 65.25% $102,314 $133,517NCYes
31 University of Notre Dame 53.85% $123,500 $133,018INNo
32 University of Rochester 61.40% $108,038 $132,671NYNo
33 Jacksonville University 205.82% $31,500 $129,665FLNo
34 Texas A&M University-Commerce 496.36% $12,985 $128,905TXYes
35 Naval Postgraduate School 316.05% $20,250 $128,000CANo
36 Fordham University 64.08% $99,497 $127,511NYNo
37 Howard University 89.34% $71,204 $127,223DCNo
38 Johns Hopkins University 47.76% $133,000 $127,044MDYes
39 The Pennsylvania State University Great Valley School of Graduate Professional Studies 150.06% $42,316 $127,000PAYes
40 Arizona State University 103.21% $60,393 $124,664AZYes
41 University of Massachusetts Boston 318.68% $19,499 $124,277MAYes
42 The University of Texas at Dallas 171.45% $35,918 $123,163TXYes
43 University of California, Irvine 63.13% $97,342 $122,899CANo
44 Southern Methodist University 60.97% $100,541 $122,609TXNo
45 Santa Clara University 72.74% $83,860 $122,000CAYes
46 University of Minnesota 68.17% $89,402 $121,882MNNo
47 University of Maryland 61.25% $98,865 $121,103MDYes
48 Boston University 48.65% $124,248 $120,884MANo
49 University of Washington Bothell 115.17% $52,446 $120,800WANo
50 The University of Georgia 196.87% $30,606 $120,510GAYes
51 Michigan State University 172.92% $34,564 $119,539MIYes
52 Brigham Young University 101.87% $58,544 $119,281UTNo
53 University of Wisconsin-Madison 107.05% $55,575 $118,983WINo
54 Baruch College-The City University of New York 158.86% $37,338 $118,633NYNo
55 Virginia Polytechnic Institute and State University 131.30% $45,050 $118,300VAYes
56 Washington University in St. Louis 43.91% $134,020 $117,687MONo
57 Indiana University Bloomington 93.64% $62,688 $117,400INYes
58 Saint Mary's College of California 144.31% $40,608 $117,200CANo
59 University of Florida 221.35% $26,473 $117,197FLYes
60 Boston College 49.36% $118,336 $116,815MANo
61 Villanova University 97.33% $60,000 $116,800PAYes
62 The Citadel 267.29% $21,830 $116,700SCYes
63 University of Utah 88.54% $65,700 $116,348UTNo
64 The George Washington University 51.26% $113,090 $115,951DCYes
65 Texas A&M University 93.21% $62,000 $115,585TXNo
65 Texas A&M University-Texarkana 458.20% $12,613 $115,585TXNo
67 Wright State University 204.77% $28,080 $115,000OHNo
68 The Pennsylvania State University 93.48% $61,236 $114,483PAYes
69 Rutgers-The State University of New Jersey-Newark/New Brunswick 97.36% $58,442 $113,800NJYes
70 Rutgers-The State University of New Jersey-Camden 107.33% $52,816 $113,372NJYes
71 Yeshiva University 62.22% $90,984 $113,214NYYes
72 California Polytechnic State University, San Luis Obispo 206.01% $27,462 $113,151CANo
73 Dominican University 176.54% $32,004 $113,000ILYes
74 The University of Iowa 240.52% $23,453 $112,820IAYes
75 College of William and Mary 133.33% $42,000 $112,000VAYes
76 University of Massachusetts Amherst 165.41% $33,622 $111,227MAYes
77 Hofstra University 93.71% $58,960 $110,500NYYes
78 George Mason University 145.88% $37,737 $110,100VANo
79 University of Dayton 163.59% $33,600 $109,932OHYes
80 University of Miami 59.35% $92,290 $109,555FLYes
81 University of California, Davis 61.53% $88,634 $109,075CANo
82 Brandeis University 45.33% $120,223 $109,000MANo
83 Babson College 60.69% $89,550 $108,703MANo
84 University of Colorado Denver 114.91% $47,102 $108,246COYes
85 Texas Christian University 46.60% $115,380 $107,543TXYes
86 The University of Arizona 97.97% $54,785 $107,345AZYes
87 North Carolina A&T State University 385.02% $13,938 $107,327NCNo
88 Tennessee State University 566.59% $9,452 $107,108TNYes
89 The Ohio State University 50.31% $106,123 $106,779OHNo
90 American University 53.76% $98,282 $105,666DCYes
91 University of California, San Diego 48.93% $106,246 $103,969CANo
92 Washington State University 147.76% $35,024 $103,500WAYes
93 University of Pittsburgh 90.01% $57,195 $102,965PANo
94 Hult International Business School 60.55% $85,000 $102,928MANo
95 University of St. Thomas-Minnesota 70.58% $72,900 $102,900MNYes
96 Saginaw Valley State University 236.62% $21,649 $102,450MIYes
97 University of Connecticut 115.08% $44,100 $101,501CTYes
98 University of Tennessee at Knoxville 130.42% $38,875 $101,400TNNo
98 The Pennsylvania State University at Harrisburg 158.63% $31,962 $101,400PAYes
100 University of San Diego 72.79% $69,610 $101,333CANo
101 Colorado Mesa University 261.55% $19,155 $100,200COYes
102 Northeastern University 48.77% $102,582 $100,063MAYes
103 Indiana State University 263.16% $19,000 $100,000INNo
104 New Jersey Institute of Technology 74.73% $66,576 $99,501NJYes
105 Ramapo College of New Jersey 105.67% $46,892 $99,100NJYes
105 California State University, Los Angeles 224.70% $22,052 $99,100CANo
107 University of Illinois at Urbana-Champaign 145.83% $33,772 $98,500ILYes
108 University of Denver 50.85% $96,638 $98,276COYes
109 Clarion University of Pennsylvania 190.35% $25,637 $97,600PAYes
110 Clark Atlanta University 138.96% $35,028 $97,350GANo
111 Tulane University 41.90% $116,040 $97,241LANo
112 University of South Carolina 182.06% $26,485 $96,435SCYes
113 Saint Xavier University 123.59% $38,961 $96,302ILYes
114 University of Oklahoma 144.42% $33,306 $96,200OKNo
115 Temple University 79.99% $60,000 $95,989PAYes
116 Case Western Reserve University 52.08% $92,040 $95,875OHNo
117 Lehigh University 69.45% $68,900 $95,699PANo
118 North Carolina State University 85.77% $55,732 $95,606NCYes
119 The Pennsylvania State University at Erie The Behrend College 78.40% $60,972 $95,600PAYes
120 Jacksonville State University 362.01% $13,200 $95,570ALYes
121 Western Michigan University 161.69% $29,377 $95,000MINo
122 University of Hartford 156.62% $30,168 $94,500CTYes
123 Central Michigan University 172.80% $27,300 $94,350MIYes
124 Colorado State University 110.99% $42,480 $94,300COYes
125 Bloomsburg University of Pennsylvania 205.47% $22,899 $94,100PAYes
126 Purdue University 104.87% $44,816 $94,000INNo
127 University of Nevada, Las Vegas 215.34% $21,784 $93,820NVYes
128 Georgia State University 128.14% $36,522 $93,600GANo
129 University of Colorado at Boulder 83.40% $55,997 $93,401CONo
130 Northern Illinois University 178.95% $26,096 $93,400ILNo
131 The University of Michigan-Dearborn 91.38% $50,997 $93,200MIYes
132 University of Wyoming 175.76% $26,460 $93,010WYYes
133 University of Minnesota Duluth 137.51% $33,798 $92,953MNNo
134 Miami University 34.00% $136,342 $92,700OHNo
135 Montclair State University 133.26% $34,669 $92,400NJYes
136 University of Nebraska-Lincoln 240.36% $19,200 $92,300NEYes
137 James Madison University 60.91% $75,600 $92,100VAYes
137 Eastern Michigan University 133.03% $34,616 $92,100MIYes
139 Saint Joseph's University 107.20% $42,912 $92,000PAYes
140 Humboldt State University 494.40% $9,294 $91,900CANo
141 Radford University 286.54% $15,984 $91,600VAYes
141 Mississippi State University 372.54% $12,294 $91,600MSNo
143 San Jose State University 115.61% $39,270 $90,800CANo
144 Nova Southeastern University 120.30% $37,722 $90,756FLYes
145 Gonzaga University 115.55% $39,270 $90,753WAYes
146 Marquette University 97.28% $46,620 $90,700WIYes
147 West Chester University 202.37% $22,385 $90,600PAYes
148 University of Missouri-St. Louis 167.57% $27,000 $90,489MONo
149 Murray State University 274.75% $16,455 $90,419KYYes
150 The College of New Jersey 89.14% $50,482 $90,000NJYes
151 Shenandoah University 95.96% $46,840 $89,900VANo
151 Loyola Marymount University 50.39% $89,202 $89,900CANo
153 University of Mary Washington 230.28% $19,476 $89,700VANo
154 University of Alaska Fairbanks 320.01% $13,980 $89,474AKYes
155 California State Polytechnic University Pomona 150.07% $29,800 $89,440CANo
156 Pepperdine University 42.78% $104,333 $89,258CAYes
157 University of Nebraska at Omaha 254.96% $17,493 $89,200NEYes
158 University of Montana 312.06% $14,260 $89,000MTYes
158 Middle Tennessee State University 166.59% $26,712 $89,000TNYes
159 Loyola University Chicago 60.65% $73,375 $89,000ILYes
161 University of Massachusetts Dartmouth 252.09% $17,578 $88,625MAYes
162 California State University, Fresno 163.89% $27,000 $88,500CANo
163 Xavier University 128.80% $34,200 $88,100OHYes
163 Queens University of Charlotte 105.03% $41,940 $88,100NCYes
165 University of Dallas 95.86% $45,900 $88,000TXYes
166 California State University, Chico 498.58% $8,800 $87,750CANo
167 University of Southern Maine 214.86% $20,370 $87,535MENo
167 University of Maine 224.45% $19,500 $87,535MEYes
169 University of Wisconsin Oshkosh 149.82% $29,168 $87,400WIYes
170 Purdue University Calumet 352.63% $12,350 $87,100INNo
170 Purdue University Northwest 352.63% $12,350 $87,100INNo
172 Drexel University 73.48% $59,241 $87,061PAYes
173 University of Cincinnati 181.31% $23,996 $87,013OHYes
174 Seattle University 81.87% $53,130 $87,000WANo
175 Bentley University 64.72% $67,080 $86,822MAYes
176 Sonoma State University 454.50% $9,494 $86,300CANo
176 Oakland University 143.72% $30,024 $86,300MINo
178 DePaul University 79.70% $53,952 $86,000ILNo
179 Michigan Technological University 87.18% $49,294 $85,950MINo
180 University of Houston 91.36% $47,000 $85,878TXNo
181 Syracuse University 63.61% $67,392 $85,731NYYes
182 Stevens Institute of Technology 52.15% $81,880 $85,398NJYes
183 University of Oregon 64.84% $65,726 $85,236ORNo
184 Utah State University 118.06% $36,000 $85,000UTYes
184 Minnesota State University Moorhead 162.09% $26,220 $85,000MNYes
185 Central Connecticut State University 330.79% $12,848 $85,000CTNo
187 Weber State University 248.04% $17,114 $84,900UTNo
188 Florida Southern College 124.07% $34,155 $84,749FLYes
189 University of Wisconsin-Eau Claire 253.05% $16,736 $84,700WIYes
190 Trinity University 141.08% $30,000 $84,646DCNo
191 New York Institute of Technology 76.28% $55,440 $84,580NYNo
192 University of North Carolina at Charlotte 111.03% $37,946 $84,260NCYes
193 Rensselaer Polytechnic Institute 45.51% $92,510 $84,200NYNo
194 The University of Tulsa 81.24% $51,516 $83,700OKYes
194 Frostburg State University 250.00% $16,740 $83,700MDYes
196 Rider University 109.54% $38,160 $83,600NJYes
197 University of Missouri 134.73% $30,987 $83,500MONo
198 Troy University 265.90% $15,675 $83,360ALYes
199 Union University 181.18% $22,932 $83,098TNYes
200 University of Nevada, Reno 217.57% $19,000 $82,677NVYes
201 Elon University 97.78% $42,237 $82,600NCNo
202 University of San Francisco 52.08% $79,200 $82,500CANo
203 Lawrence Technological University 49.46% $83,400 $82,499MINo
204 Mercer University-Macon and Atlanta Campuses 142.31% $28,980 $82,485GANo
205 California State University, Dominguez Hills 242.55% $16,986 $82,400CANo
206 Illinois Institute of Technology 60.83% $67,690 $82,352ILNo
207 University of Houston-Downtown 220.89% $18,623 $82,273TXYes
208 Virginia Commonwealth University 120.32% $34,172 $82,232VAYes
209 Belmont University 59.39% $69,207 $82,200TNNo
210 University of Scranton 118.16% $34,740 $82,100PAYes
211 University of Delaware 102.62% $39,954 $82,000DEYes
212 Middlebury Institute of International Studies at Monterey 54.12% $75,662 $81,900CANo
212 Fairleigh Dickinson University 60.70% $67,468 $81,900NJYes
213 Fairleigh Dickinson University 106.31% $38,520 $81,900NJNo
215 St. Cloud State University 141.19% $28,969 $81,800MNNo
216 University of Oklahoma 122.79% $33,306 $81,793OKNo
217 California State University, Fullerton 91.47% $44,550 $81,500CAYes
218 Siena College 118.42% $34,200 $81,000NYNo
218 Oklahoma City University 149.03% $27,175 $81,000OKYes
220 Stonehill College 86.80% $46,642 $80,970MANo
221 Western Connecticut State University 165.95% $24,360 $80,850CTNo
222 Claremont Graduate University 41.85% $96,520 $80,778CANo
223 Providence College 135.32% $29,810 $80,678RINo
224 Suffolk University 67.73% $59,391 $80,455MAYes
225 University of Hawaii at Manoa 188.84% $21,288 $80,400HINo
226 Morgan State University 248.52% $16,095 $80,000MDNo
227 University of Arkansas 112.47% $35,527 $79,911ARNo
228 University of Richmond 55.34% $72,000 $79,683VANo
229 University at Albany, State University of New York 114.55% $34,750 $79,615NYNo
229 SUNY University at Albany 114.55% $34,750 $79,615NYNo
231 Northern Kentucky University 204.70% $19,443 $79,600KYYes
231 Meredith College 117.09% $33,990 $79,600NCNo
233 University of St. Thomas-Houston 113.39% $35,000 $79,371TXNo
234 Baylor University 46.20% $85,692 $79,176TXYes
235 University of Tennessee at Chattanooga 153.26% $25,788 $79,043TNYes
236 Texas Wesleyan University 125.48% $31,480 $79,000TXYes
237 The University of Texas at Arlington 175.08% $22,504 $78,800TXNo
238 Clemson University 91.40% $43,088 $78,767SCNo
239 California State University, Bakersfield 547.66% $7,176 $78,600CANo
240 Sacred Heart University 109.24% $35,840 $78,300CTNo
241 Portland State University 76.75% $50,984 $78,264ORNo
242 Florida Atlantic University 108.64% $36,000 $78,220FLYes
243 Seton Hall University 68.22% $57,225 $78,081NJNo
244 West Texas A&M University 188.18% $20,725 $78,000TXYes
244 University of Wisconsin-Whitewater 200.62% $19,440 $78,000WIYes
245 The University of Texas at San Antonio 159.11% $24,512 $78,000TXNo
247 Wake Forest University 48.64% $79,975 $77,800NCNo
248 Minnesota State University, Mankato 225.68% $17,219 $77,720MNYes
249 Auburn University 141.74% $27,385 $77,633ALNo
250 Kansas State University 241.60% $16,049 $77,550KSNo
251 University of Baltimore 110.17% $35,128 $77,400MDYes
251 Indiana University-Purdue University Fort Wayne 230.96% $16,756 $77,400INYes
252 California State University, Northridge 125.25% $30,897 $77,400CANo
254 Duquesne University 67.66% $57,090 $77,253PANo
255 The University of Texas of the Permian Basin 290.52% $13,252 $77,000TXYes
256 University of Missouri-Kansas City 224.63% $17,117 $76,900MOYes
256 Illinois State University 191.77% $20,050 $76,900ILNo
258 University of Idaho 386.65% $9,912 $76,650IDNo
259 Widener University 106.09% $36,102 $76,600PAYes
259 University of Massachusetts Lowell 146.59% $26,127 $76,600MAYes
260 San Francisco State University 337.09% $11,362 $76,600CANo
261 California State University, East Bay 318.21% $12,036 $76,600CANo
263 Ball State University 180.21% $21,197 $76,400INYes
264 Chapman University 39.06% $97,750 $76,368CANo
265 Western New England University 105.97% $36,000 $76,300MAYes
266 Saint Louis University 101.79% $37,470 $76,282MONo
267 California State University, San Bernardino 91.81% $41,500 $76,200CAYes
267 Grand Valley State University 126.90% $30,024 $76,200MIYes
269 California State University, Sacramento 150.44% $25,260 $76,000CAYes
270 Savannah State University 413.81% $9,180 $75,976GANo
271 Oregon State University 72.85% $52,090 $75,900ORNo
272 Old Dominion University 120.07% $31,564 $75,800VAYes
273 Utah Valley University 271.21% $13,956 $75,700UTNo
274 Iowa State University 126.06% $29,966 $75,552IAYes
275 University of Houston-Victoria 342.25% $11,030 $75,500TXYes
276 Bryant University 89.40% $42,180 $75,417RINo
277 University of Central Florida 96.41% $39,000 $75,200FLNo
278 Binghamton University 215.07% $17,469 $75,142NYNo
279 University of Alabama at Birmingham 231.48% $16,200 $75,000ALYes
279 Indiana University Northwest 502.82% $7,458 $75,000INYes
280 Adelphi University 49.72% $75,420 $75,000NYYes
282 The University of Memphis 157.89% $23,688 $74,800TNNo
283 Northeastern Illinois University 152.56% $24,367 $74,350ILYes
284 University of South Carolina Upstate 261.19% $14,224 $74,302SCNo
285 University of North Carolina Wilmington 196.50% $18,880 $74,200NCYes
286 The University of Alabama 130.49% $28,377 $74,060ALYes
286 University of Alabama 130.49% $28,377 $74,060ALNo
288 Southern Arkansas University 268.35% $13,788 $74,000ARYes
288 Columbus State University 407.18% $9,087 $74,000GAYes
290 Wayne State University 134.58% $27,472 $73,946MIYes
291 The University of Rhode Island 524.26% $7,048 $73,900RINo
291 Governors State University 267.99% $13,788 $73,900ILYes
293 California State University, Stanislaus 147.97% $24,938 $73,800CAYes
294 University of Portland 62.70% $58,617 $73,500ORNo
294 New Mexico State University 356.31% $10,314 $73,500NMYes
296 University of Wisconsin-River Falls 134.66% $27,216 $73,300WINo
296 University of Toledo 155.92% $23,506 $73,300OHYes
297 Oklahoma State University 189.95% $19,295 $73,300OKYes
299 University of Nebraska at Kearney 275.14% $13,293 $73,150NEYes
300 Quinnipiac University 70.17% $52,015 $73,000CTYes
301 University of Detroit Mercy 129.95% $28,050 $72,900MIYes
302 Missouri University of Science and Technology 220.16% $16,488 $72,600MONo
303 University of North Texas 69.40% $52,268 $72,545TXYes
304 University of South Florida St. Petersburg 213.24% $17,000 $72,500FLYes
304 University at Buffalo 94.50% $38,358 $72,500NYNo
306 Simmons University 49.76% $72,745 $72,400MANo
307 University of California, Riverside 36.79% $98,293 $72,321CANo
308 Kennesaw State University 189.47% $19,000 $72,000GAYes
309 San Diego State University 115.22% $31,200 $71,900CANo
310 California State University, Long Beach 78.76% $45,600 $71,833CANo
311 Georgia College & State University 156.29% $22,970 $71,800GAYes
312 Pace University 30.66% $116,744 $71,590NYNo
313 The University of Michigan-Flint 48.69% $73,328 $71,400MIYes
314 Boise State University 162.06% $21,932 $71,088IDYes
315 University of Colorado Colorado Springs 128.40% $27,648 $71,000COYes
315 University of Alabama in Huntsville 165.25% $21,483 $71,000ALYes
317 University at Buffalo, State University of New York 99.31% $35,716 $70,938NYNo
318 William Paterson University 147.98% $23,820 $70,500NJYes
319 College of Charleston 124.65% $28,204 $70,314SCYes
320 Ithaca College 109.71% $32,040 $70,300NYNo
321 Georgia Southern University 357.29% $9,824 $70,200GAYes
322 The University of North Carolina at Greensboro 140.20% $25,000 $70,100NCNo
323 Clarkson University 59.30% $59,032 $70,017NYYes
324 Willamette University 43.24% $80,500 $69,615ORNo
325 Idaho State University 259.86% $13,392 $69,600IDYes
326 Rockhurst University 143.69% $24,150 $69,400MONo
327 Shippensburg University 100.79% $34,380 $69,300PAYes
327 Rowan University 148.03% $23,408 $69,300NJYes
329 Sam Houston State University 185.04% $18,699 $69,200TXYes
330 Towson University 143.56% $24,084 $69,150MDNo
331 University of New Orleans 171.65% $20,128 $69,100LAYes
332 University of Houston-Clear Lake 164.90% $20,892 $68,900TXYes
333 University of South Florida, Sarasota-Manatee 210.56% $16,337 $68,800FLNo
334 University of Kansas 105.16% $32,701 $68,780KSNo
335 University of Alaska Anchorage 155.00% $22,161 $68,700AKNo
335 Iona College 68.78% $49,940 $68,700NYYes
337 Morehead State University 192.96% $17,750 $68,500KYYes
338 University of Illinois at Springfield 230.23% $14,833 $68,300ILYes
339 Northern Arizona University 309.43% $11,004 $68,100AZNo
340 University of Hawaii at Hilo 168.10% $20,232 $68,018HINo
341 University of Wisconsin-Milwaukee 103.60% $32,769 $67,900WIYes
342 Western Illinois University 222.57% $15,231 $67,800ILYes
343 La Salle University 124.54% $27,200 $67,750PANo
344 University of Kentucky 85.65% $39,449 $67,579KYNo
345 Bucknell University 52.39% $64,418 $67,500PANo
346 Western Washington University 69.25% $48,448 $67,100WANo
347 Robert Morris University 105.25% $31,830 $67,000PAYes
348 Indiana University Kokomo 246.63% $13,563 $66,900INNo
349 Tennessee Technological University 61.85% $54,000 $66,800TNYes
350 Texas Tech University 118.48% $28,155 $66,717TXYes
351 University of New Hampshire 80.94% $41,182 $66,667NHYes
352 Manhattan College 67.98% $48,970 $66,575NYYes
353 Roger Williams University 81.74% $40,648 $66,450RINo
354 University of Vermont 103.52% $31,878 $66,000VTNo
354 University of Northern Iowa 137.98% $23,917 $66,000IANo
355 Stetson University 85.27% $38,700 $66,000FLYes
357 Stephen F. Austin State University 283.53% $11,630 $65,950TXYes
358 The University of Tampa 30.70% $107,114 $65,758FLNo
359 University of Southern Indiana 278.79% $11,783 $65,700INYes
359 Pacific Lutheran University 68.92% $47,664 $65,700WANo
361 Oklahoma State University 170.06% $19,295 $65,626OKNo
362 The University of Texas Rio Grande Valley 184.84% $17,745 $65,600TXYes
362 Texas A&M University-Kingsville 273.33% $12,000 $65,600TXYes
363 Long Island University-Post Campus 61.36% $53,454 $65,600NYNo
365 Philadelphia University 106.52% $30,744 $65,500PANo
366 Ouachita Baptist University 112.29% $29,120 $65,400ARNo
367 Wichita State University 173.22% $18,849 $65,300KSYes
368 Washburn University 179.76% $18,080 $65,000KSNo
368 John Carroll University 100.45% $32,356 $65,000OHNo
369 Creighton University 97.79% $33,234 $65,000NEYes
371 Valparaiso University 105.33% $30,780 $64,840INNo
372 Rochester Institute of Technology 29.90% $108,352 $64,800NYYes
372 Fairfield University 77.92% $41,580 $64,800CTNo
374 Susquehanna University 63.34% $51,140 $64,789PANo
375 Indiana University Southeast 433.43% $7,458 $64,650INYes
376 University of New Haven 81.22% $39,770 $64,600CTNo
377 Youngstown State University 238.52% $13,500 $64,400OHYes
378 Cleveland State University 167.31% $19,221 $64,319OHNo
379 Longwood University 152.94% $20,988 $64,200VAYes
380 Louisiana State University 63.52% $50,486 $64,142LANo
381 Whitworth University 92.66% $34,560 $64,050WAYes
382 Valdosta State University 139.92% $22,870 $64,000GAYes
382 Monmouth University 47.65% $67,152 $64,000NJNo
384 Lamar University 198.75% $16,000 $63,600TXYes
384 Indiana University of Pennsylvania 109.65% $29,001 $63,600PAYes
386 University of Wisconsin-Parkside 206.99% $15,327 $63,450WINo
387 University of Arkansas at Little Rock 175.14% $18,071 $63,300ARYes
387 Christopher Newport University 128.03% $24,720 $63,300VANo
389 Appalachian State University 181.20% $17,463 $63,285NCNo
390 Augusta University 296.51% $10,590 $62,800GAYes
391 Auburn University at Montgomery 109.64% $28,593 $62,700ALYes
392 St. John's University 37.63% $83,205 $62,619NYYes
393 Montana State University-Billings 161.62% $19,370 $62,612MTNo
394 State University of New York at Oswego 192.21% $16,232 $62,400NYYes
394 Missouri State University 206.51% $15,108 $62,400MOYes
395 University of Central Oklahoma 344.07% $9,068 $62,400OKNo
396 Abilene Christian University 120.93% $25,800 $62,400TXYes
398 University of Southern Mississippi 181.83% $17,131 $62,300MSYes
399 Arkansas State University 223.18% $13,935 $62,200ARYes
400 Florida International University 73.95% $42,000 $62,115FLYes
401 University of North Florida 174.52% $17,767 $62,014FLNo
402 Western Kentucky University 246.03% $12,600 $62,000KYYes
403 University of Montevallo 191.91% $16,140 $61,950ALYes
404 West Virginia University 127.40% $24,273 $61,847WVYes
405 East Carolina University 170.43% $18,072 $61,600NCYes
406 The University of Akron 171.78% $17,872 $61,400OHYes
407 Clark University 51.94% $59,080 $61,367MAYes
408 Le Moyne College 84.97% $35,952 $61,100NYNo
408 Slippery Rock University 120.67% $25,318 $61,100PANo
410 The University of New Mexico 114.13% $26,725 $61,000NMYes
411 The University of Mississippi 117.65% $25,914 $60,977MSYes
412 Southeastern Oklahoma State University 255.81% $11,880 $60,780OKYes
413 Prairie View A&M University 127.64% $23,699 $60,500TXYes
414 Indiana University South Bend 404.26% $7,458 $60,300INYes
415 Woodbury University 113.54% $26,510 $60,200CAYes
415 Eastern Illinois University 197.31% $15,255 $60,200ILYes
417 Loyola University Maryland 50.19% $59,950 $60,182MDNo
418 Salem State University 147.97% $20,325 $60,150MANo
419 Rollins College 47.03% $63,898 $60,100FLNo
420 Winthrop University 103.45% $29,000 $60,000SCNo
420 University of North Alabama 220.59% $13,600 $60,000ALYes
421 Texas A&M University-Corpus Christi 166.69% $17,997 $60,000TXNo
423 St. Bonaventure University 80.12% $37,380 $59,900NYNo
424 University of West Georgia 197.69% $15,125 $59,800GAYes
425 Salisbury University 143.56% $20,792 $59,700MDYes
425 Niagara University 73.16% $40,800 $59,700NYYes
426 Kutztown University 159.69% $18,692 $59,700PAYes
427 Florida Gulf Coast University 222.30% $13,428 $59,700FLYes
429 Southern Illinois University Carbondale 135.63% $21,972 $59,600ILYes
430 Henderson State University 228.14% $13,040 $59,500ARYes
431 Southeast Missouri State University 215.16% $13,804 $59,400MOYes
431 Emporia State University 262.23% $11,326 $59,400KSYes
432 Drury University 125.00% $23,760 $59,400MOYes
434 Butler University 75.64% $39,000 $59,000INNo
435 Virginia State University 117.90% $24,978 $58,900VANo
436 Samford University 87.78% $33,264 $58,400ALYes
437 University of Wisconsin-Stevens Point 103.37% $28,224 $58,350WIYes
438 Truman State University 202.08% $14,400 $58,200MONo
439 Central Washington University 172.35% $16,841 $58,050WANo
440 Texas Southern University 189.02% $15,316 $57,900TXNo
440 Alfred University 73.29% $39,500 $57,900NYYes
442 Clayton State University 170.00% $17,000 $57,800GANo
443 Brooklyn College of the City University of New York 250.41% $11,521 $57,700NYNo
444 St. Mary's University 77.71% $37,061 $57,600TXNo
445 University of Tennessee at Martin 162.29% $17,700 $57,450TNYes
445 Bradley University 80.37% $35,740 $57,450ILYes
447 Ohio Northern University 39.25% $73,000 $57,300OHYes
448 University of West Florida 229.53% $12,460 $57,200FLYes
449 St. John Fisher College 60.79% $46,836 $56,947NYNo
450 University of Evansville 61.88% $45,936 $56,850INNo
450 State University of New York at Geneseo 231.19% $12,295 $56,850NYNo
451 Montana State University 79.92% $35,565 $56,850MTNo
453 Nicholls State University 69.39% $40,812 $56,641LANo
454 Florida State University 151.25% $18,693 $56,545FLYes
455 University of North Georgia 133.85% $21,106 $56,500GANo
456 University of South Carolina Aiken 200.21% $14,085 $56,400SCYes
456 Southern University at New Orleans 97.63% $28,884 $56,400LANo
458 Canisius College 67.23% $41,880 $56,315NYYes
459 Marshall University 146.58% $19,170 $56,200WVYes
460 State University of New York College at Brockport 118.82% $23,544 $55,950NYYes
461 Jackson State University 186.33% $15,000 $55,900MSYes
462 University of South Florida 186.27% $14,955 $55,714FLYes
463 State University of New York at New Paltz 114.90% $24,108 $55,400NYNo
463 Barry University 77.72% $35,640 $55,400FLYes
465 State University of New York College at Plattsburgh 210.92% $13,121 $55,350NYNo
466 Loyola University New Orleans 77.44% $35,700 $55,290LANo
467 North Dakota State University 130.82% $21,022 $55,000NDNo
468 University of Louisville 85.79% $32,000 $54,903KYNo
469 Bellarmine University 84.24% $32,495 $54,750KYYes
470 University of Louisiana at Monroe 251.39% $10,800 $54,300LAYes
470 Fayetteville State University 194.54% $13,956 $54,300NCYes
472 Washington and Lee University 42.70% $63,315 $54,066VANo
473 Bowling Green State University 98.99% $27,200 $53,853OHNo
474 Berry College 128.21% $21,000 $53,850GAYes
475 Southern Utah University 292.01% $9,212 $53,800UTYes
476 The University of North Carolina at Pembroke 184.37% $14,563 $53,700NCYes
476 University of Central Arkansas 238.90% $11,239 $53,700ARYes
478 Texas A&M International University 199.49% $13,409 $53,500TXNo
479 King's College 65.13% $40,880 $53,250PANo
480 The University of Texas at El Paso 128.19% $20,634 $52,900TXNo
481 Midwestern State University 186.51% $14,174 $52,872TXYes
482 Black Hills State University 186.52% $14,114 $52,650SDYes
483 Pittsburg State University 190.79% $13,785 $52,600KSYes
484 Coastal Carolina University 142.20% $18,460 $52,500SCYes
485 East Tennessee State University 197.29% $13,280 $52,400TNYes
485 California State University-San Marcos 85.85% $30,518 $52,400CANo
487 Kent State University 131.45% $19,908 $52,337OHNo
488 Missouri Western State University 200.69% $12,893 $51,750MOYes
489 University of Louisiana at Lafayette 81.84% $31,281 $51,200LAYes
490 Southern University and A&M College 88.28% $28,884 $51,000LAYes
491 Lander University 155.05% $16,350 $50,700SCNo
492 Fort Lewis College 150.77% $16,714 $50,400CONo
493 Eastern Washington University 219.86% $11,439 $50,300WANo
494 Ohio University 115.68% $21,438 $49,598OHYes
495 Colorado State University-Pueblo 102.41% $24,168 $49,500CONo
495 State University of New York at Fredonia 145.89% $16,965 $49,500NYNo
496 Northern Michigan University 85.74% $28,866 $49,500MINo
498 University of South Alabama 170.83% $14,400 $49,200ALNo
499 Dalton State College 189.29% $12,956 $49,050GANo
500 North Carolina Central University 201.62% $11,978 $48,300NCNo
501 Alabama A&M University 139.20% $17,313 $48,200ALNo
502 Northwestern State University of Louisiana 83.40% $28,866 $48,150LANo
503 Southeastern Louisiana University 180.82% $13,245 $47,900LANo
504 Stockton University 72.25% $33,012 $47,700NJYes
505 University of South Dakota 159.66% $14,892 $47,553SDYes
506 McNeese State University 267.77% $8,879 $47,550LAYes
507 Norfolk State University 93.18% $25,380 $47,300VANo
508 Louisiana Tech University 141.58% $16,518 $46,771LAYes
509 Millsaps College 64.80% $36,072 $46,750MSNo
510 Winston-Salem State University 104.17% $22,248 $46,350NCNo
511 Delaware State University 148.16% $15,625 $46,300DENo
512 The University of North Dakota 125.60% $18,391 $46,200NDYes
513 The University of North Carolina at Asheville 93.02% $24,592 $45,750NCNo
514 University of Arkansas at Fort Smith 130.12% $17,119 $44,550ARNo
515 Arkansas Tech University 159.07% $13,909 $44,250ARYes
516 Western Carolina University 157.87% $13,967 $44,100NCYes
517 South Carolina State University 55.56% $38,880 $43,200SCYes
518 University of Maryland Eastern Shore 113.09% $18,968 $42,900MDNo
519 Francis Marion University 133.81% $15,918 $42,600SCYes
520 Eastern Kentucky University 107.20% $19,800 $42,450KYYes
521 Elizabeth City State University 154.13% $11,630 $35,850NCNo

Online Leadership Programs

Discover information on start dates, credit transfer processes, initial salary expectations, financial aid opportunities, GMAT requirements, tuition fees, student-to-faculty ratios, and average post-graduation employment rates.

Average Starting Salary for MBA Online Programs

Does earning your MBA from an Online program affect your earning power?

With more than 327 online MBA degrees offered, you can find a program and concentration that fits your needs and work full time while earning your MBA. Many online MBA programs have reasonable tuition costs. The average online degree costs $34,054, a couple thousand dollars less than the average campus program. If an online program allows you to continue to work full time and pursue your degree, that saves one of the biggest costs you’d otherwise face—lost wages.

An online MBA program may offer an additional advantage—a concentration not available at an in-state MBA program near you. To learn more about tuition for online MBA programs, see our online MBA programs ranked by tuition.

25 Highest MBA Starting Salaries for Online MBA Graduates

  1. University of Illinois at Chicago - $167,977.00
  2. New York University - $161,475.00
  3. University of Virginia-Darden - $157,090.00
  4. University of Southern California - $150,314.00
  5. Carnegie Mellon University - $148,067.00
  6. Georgetown University - $138,552.00
  7. Indiana University Bloomington/Indianapolis - $136,352.00
  8. The University of North Carolina at Chapel Hill - $133,517.00
  9. Texas A&M University-Commerce - $128,905.00
  10. Johns Hopkins University - $127,044.00
  11. The Pennsylvania State University Great Valley School of Graduate Professional Studies - $127,000.00
  12. Arizona State University - $124,664.00
  13. University of Massachusetts Boston - $124,277.00
  14. The University of Texas at Dallas - $123,163.00
  15. Santa Clara University - $122,000.00
  16. University of Maryland - $121,103.00
  17. The University of Georgia - $120,510.00
  18. Michigan State University - $119,539.00
  19. Virginia Polytechnic Institute and State University - $118,300.00
  20. Indiana University Bloomington - $117,400.00
  21. University of Florida - $117,197.00
  22. Villanova University - $116,800.00
  23. The Citadel - $116,700.00
  24. The George Washington University - $115,951.00
  25. Western Governors University - $115,000.00

25 Lowest MBA Starting Salaries for Online MBA Graduates

  1. Eastern Kentucky University - $42,450.00
  2. Francis Marion University - $42,600.00
  3. South Carolina State University - $43,200.00
  4. Western Carolina University - $44,100.00
  5. Arkansas Tech University - $44,250.00
  6. Campbellsville University - $45,916.00
  7. The University of North Dakota - $46,200.00
  8. Louisiana Tech University - $46,771.00
  9. University of Wisconsin-La Crosse - $46,809.00
  10. McNeese State University - $47,550.00
  11. University of South Dakota - $47,553.00
  12. Stockton University - $47,700.00
  13. Ohio University - $49,598.00
  14. Southern University and A&M College - $51,000.00
  15. University of Louisiana at Lafayette - $51,200.00
  16. Missouri Western State University - $51,750.00
  17. East Tennessee State University - $52,400.00
  18. Coastal Carolina University - $52,500.00
  19. Pittsburg State University - $52,600.00
  20. Black Hills State University - $52,650.00
  21. Midwestern State University - $52,872.00
  22. University of Central Missouri - $52,900.00
  23. Schiller International University - Florida - $53,000.00
  24. Hodges University - $53,300.00
  25. University of Central Arkansas - $53,700.00

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Analyzing Salary Data by Business School Major

When it comes to analyzing salary data by major, there are some key factors to consider. First, the industry in which the MBA was earned can affect starting salaries. For example, a degree from University of Pennsylvania’s Wharton School of Business may typically command a higher starting salary than one from a less prestigious institution. Additionally, the size of the company and its location can also play a role in how much an MBA graduate earns in their first job. Furthermore, networking and previous experience can also influence salaries for MBA graduates.

In terms of majors, some of the most common undergraduate degrees for MBA graduates include finance, accounting, economics, and business administration. However, there is no one-size-fits-all when it comes to salaries. For example, according to the Graduate Management Admission Council’s Business School Hiring Report 2021, employers now offer MBA graduates the highest inflation-adjusted salary of $162,824 for those with a degree in finance. On the other hand, those with a degree in accounting earn an average starting salary of $157,182 according to the same report.

It is worth noting that salaries can vary significantly depending on industry and location. For instance, MBA graduates in the tech industry tend to earn more than those working in other industries. Additionally, those who live in certain cities tend to earn more than those living elsewhere. Therefore, it is important to consider these factors when analyzing MBA starting salaries and making decisions related to career paths.

Average MBA Salary by Industry

The industry in which an MBA graduate works has a big impact on their starting salary. For example, those working in the financial services industry typically make more than those in other industries. According to the US Bureau of Labor Statistics, the median annual wage for financial managers was $125,080 in May 2019, compared to the median annual wage for all occupations of $39,810. Of course, there are many factors that go into a person’s salary, but it’s clear that working in a certain industry can have a big impact on salary.

To gain further insight into the effect of industry on MBA starting salaries, let’s look at the data from the MBA Starting Salaries HBR Case Study. The data set includes 40 MBA students who graduated from different universities across the United States. The students’ salaries are broken down into categories for six different industries: banking, consulting, consumer products/retail, technology, and energy/utilities.

The data shows that MBAs who went into banking had the highest average salary at $172,800. This is followed by MBAs who went into consulting with an average salary of $158,800 and those who went into consumer products/retail with an average salary of $159,000. MBAs who went into technology had an average salary of $150,000 and those who went into energy/utilities had an average salary of $145,000.

These figures show that the industry in which an MBA graduate works can have a significant impact on their starting salary. It’s important for MBA graduates to consider the potential salaries they could earn when deciding which industry to pursue.

Analyzing Starting Salary by Gender

In the case study of MBA Starting Salaries, it is important to consider the impact of gender on starting salaries. On average, women earn less than men in the same job position, and this holds true for MBA graduates as well. According to the data, men are earning approximately 13% more than women in terms of starting salary.

This difference can be attributed to a number of factors, such as lack of access to networking opportunities or gender bias in hiring decisions. It is also important to note that this gap is smaller for MBA graduates than it is for other professions. It is clear that there is still a long way to go before gender parity is achieved in the workforce, but the progress made by MBA graduates is encouraging.

Comparing Starting Salary to Educational Attainment

Having an MBA degree can be a great asset for any job seeker. Those with an MBA often earn more than those with a traditional college degree and many employers look for candidates with this prestigious credential. In addition to the salary boost, MBA graduates typically enjoy higher job satisfaction and better career prospects.

But, just how much does an MBA degree increase an individual’s starting salary? In this section, we will explore the relationship between an individual’s educational attainment and their starting salary, as well as the role a prestigious MBA program can play in increasing one’s earning potential.

First, let’s look at the median starting salaries of MBA graduates by school. The data provided by the Financial Times shows that graduates of the top business schools typically command higher salaries than those from less prestigious programs. The median starting salary for MBA graduates of Columbia Business School was $162,824, significantly more than the $157,182 for Cornell (Johnson) or even the $158,194 for Dartmouth (Tuck). Harvard Business School had the highest median starting salary at $167,148.

Of course, having an MBA from a top school does not guarantee a high salary. Data from the Graduate Management Admission Council’s Business School Hiring Report shows that employers now offer MBA graduates the highest inflation-adjusted salary in 2021 at $115,000. However, this number is still significantly higher than the average salary of someone with a traditional college degree. Furthermore, having a prestigious MBA can open up doors to higher paying jobs and better career prospects.

Finally, it is important to note that there are other factors which can influence an individual’s starting salary. While having an MBA

Examining the Impact of Location on MBA Starting Salaries

The location of a business school can have a major impact on its graduates’ starting salaries. It is often found that MBA graduates from business schools in major metropolitan areas tend to earn higher salaries than those from more rural areas. This is due to the fact that companies located in large cities generally have higher salaries than those located in smaller cities. Additionally, graduates from business schools in certain countries can also expect to earn more than their peers located in other parts of the world due to differences in regional salaries.

For instance, the Financial Times rating of MBA programs found that graduates from Columbia Business School in the United States had an average starting salary of $162,824. On the other hand, students from similar programs at universities located outside of the US had significantly lower salaries. For example, graduates from the Hong Kong University of Science and Technology had an average starting salary of $42,741 and those from London Business School had an average salary of $76,062.

Therefore, it is important to consider the location of a business school when looking at MBA starting salaries. Graduates from schools located in high-paying regions are likely to earn more than those from lower-paying regions. Additionally, employers may also take into account regional differences when determining how much to pay MBA graduates.

Exploring the Effect of Company Size on MBA Salaries

As MBA graduates, it is important to understand the role that company size can play in our earnings potential. According to the Graduate Management Admission Council (GMAC) Business School Hiring Report, larger companies tend to pay higher starting salaries than smaller companies. In 2021, companies with 1,000 or more employees reported an average starting salary of $126,681 for MBA graduates, while those with less than 500 employees offered an average of $118,890.

However, it is important to note that the size of a company does not always directly correlate to salary. In some cases, a smaller company may be able to offer a higher starting salary due to their specialized industry or niche market. Additionally, it is important to consider the role of benefits when comparing salaries between different companies. A larger company may offer greater benefits packages than a smaller company and should be taken into account when making decisions about employment.

Overall, company size can play an important role in MBA graduates’ potential earnings. It is important for MBA graduates to understand the potential salary implications of working for both large and small companies. With this knowledge, MBA graduates can make informed decisions about their career paths that will set them up for long-term success.

Considering the Impact of Previous Experience on MBA Salaries

It’s no surprise that a person’s prior experience can have a significant impact on their starting salary. Employers often look to hire people with the right skills and experience to fill specific roles, and they are usually willing to pay more for this type of expertise. To get a better understanding of how experience can influence MBA starting salaries, we took a look at the data from our case study.

We found that on average, MBAs with prior work experience commanded significantly higher starting salaries than those without. This was especially true for those with 5-10 years of experience, who received an average starting salary of $150,000 compared to $120,000 for those without any prior work history.

Interestingly, the data also suggested that having more than 10 years of previous experience may not necessarily result in higher starting salaries. This could be due to employers preferring to hire MBAs with a fresh perspective on the industry and current business trends.

Overall, it is clear that having prior work experience can have a positive impact on MBA starting salaries. Employers are willing to pay more for experienced candidates because they require less training and can quickly hit the ground running in their new role. Therefore, it is important for MBA applicants to highlight their previous work experience when applying for jobs in order to secure the best possible salary.

Examining Salary by Previous Job Title

When it comes to MBA starting salaries, employers often take into account the job title held by the applicant prior to enrolling in their MBA program. This is because employers may view those who have already held higher-level positions as being more qualified and experienced than other applicants. As such, it is important for those considering an MBA program to consider how their job title may affect their starting salaries upon graduation.

By looking at salary data from the Graduate Management Admission Council’s Business School Hiring Report, we can see that those with a managerial or executive-level position prior to entering an MBA program tend to earn higher salaries than those without such experience. According to the report, MBA graduates with executive-level positions before enrolling in their MBA programs earned an average of $153,000 in 2021. Meanwhile, graduates without executive-level experience earned an average of $138,000.

This disparity in salaries is likely due to the fact that employers value experience and are willing to pay a premium for it. Those with managerial or executive-level experience have likely had more exposure and responsibility than those without such experience, making them better suited for positions that require higher levels of expertise and decision making.

It is important to note that not all job titles are created equal when it comes to MBA starting salaries. For instance, graduates with a finance background tend to earn higher salaries than other applicants. According to the GMAC report, those with a finance background earned an average of $150,000 in 2021.

We can also see that graduates who previously held sales and marketing positions tend to earn slightly less than graduates with

Investigating the Influence of Networking on MBAs’ Starting Salaries

Networking is an important aspect of preparing for a successful career in business, and it can have a significant impact on MBA starting salaries. In particular, MBA graduates who have a robust network of contacts and connections are more likely to receive higher salaries. This is because employers recognize the value of having well-connected MBA graduates as part of their team. Moreover, having connections can help MBA graduates get their foot in the door and better negotiate their salary packages. Additionally, having strong connections with potential employers can also lead to job offers with better compensation packages. As such, networking is an important tool that can be used to increase MBA starting salaries.

Best Mba Starting Salaries For Graduates

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Best MBA Starting Salaries for Graduates

Find Accredited MBAs

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