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For the roles closely aligned with MBA graduates, the U.S. Bureau of Labor Statistics (BLS) offers the following salary ranges as of May 2023: Business managers : Between $62,470 and $188,820 ...
The next-highest average annual salary goes to MBA graduates in real estate, who earn $111,000. Other high-earners include graduates with an MBA in entrepreneurship and an MBA in finance.
The Graduate Management Admission Council found that the median salary for new hires with an MBA degree is around $125,000, while the median salary for new hires with a bachelor’s degree is $75,000.
The Forbes magazine methodology was to calculate a five-year return on investment for 2002 graduates. Forbes surveyed 18,500 alumni of 102 MBA programs and used their pre-enrollment and post-graduate business school salary information as a basis for comparing post-MBA compensation with the cost of attending the programs. [13]
The average cost of an Ivy League MBA is $100,000 a year, with tuition averaging $78,000 a year as of 2022. [1] BestColleges notes that despite the high tuition rates at Ivy League business schools, graduates from these programs have access to alumni and industry connections that can lead to middle management positions with high salaries. [9]
Graduates of the Tuck School of Business earn some of the highest salaries of MBA programs in the United States. MBA graduates of Tuck earned an average $170,000 first year compensation, not including performance-based bonuses or equity-based compensation, the third highest of all US-based MBA programs. [9]
MBA graduates start with an average base salary of around $97,000, with potential for significant growth, reaching between $151,951 and $172,469 within three to five years.
Graduates of the Cornell SC Johnson College of Business earn some of the highest salaries of MBA programs in the United States. MBA graduates of Johnson earned an average first-year compensation of $175,000, including a bonus of $38,826, with 77.9% reporting a sign-on bonus, ranking as the second-highest total compensation among all U.S.-based ...
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