Average MBA salary in USA - 2023

MBA degree is the most popular course that international students are willing to pursue in abroad countries. Career growth and high salary are the main reasons that made students to choose MBA. The demand for MBA graduates kept increasing as 92% of employers hired Masters of Business Administration graduates in 2022. If you are pursuing or will pursue MBA in USA, then you definitely need to be aware of the MBA salary in USA.

Before taking up a career path, you need to be well aware of the scope of the industry which caters to your interest and skill. The MBA salary in USA may vary depending on the industry, position, company, and skillset you have. In this article, we’ve covered the jobs and salaries after MBA in USA and the top recruiters hiring graduates of MBA.

Table of Contents

• What is the average salary of MBA in USA?
• Top 6 MBA jobs in USA with salary
• Information Technology
• Finance
• Human Resource
• Marketing
• Investment Banking
• Business Analytics
• Top employers for MBA in USA
• FAQ

What is the average salary of MBA in USA?

The average salary of an MBA graduate in USA is $11,500 per annum. According to Statista, Stanford Graduate School of Business alumni earned the highest average salary with an annual income of 2487,669 U.S. dollars. The average annual salary of alumni of Harvard Business School is 235,000 U.S. dollars. The average salary for MBA in USA may vary depending on the choice of your university, industry, and the employers you work with.

Top 6 MBA jobs in USA with salary

In 2022, 91% of employers from the consulting industry hired MBA graduates. That’s why it is essential to look for the scope of the industry and it’s important to choose the right specialization while pursuing an MBA degree.

Information Technology

With the advancement of technology, there is no surprise that the information technology field is constantly growing and it is one of the most popular industries. According to BLS, employment in this field is expected to grow 11% higher in 2023 than it was in 2020. Graduates who have taken this specialization will have to monitor the company’s networking, computer infrastructure, security, and software. Below we’ve listed the job role and salary for doing MBA in information technology in the USA.

Finance

It’s known that Finance is one of the sectors that as a high paying job roles. Even entry-level positions also pay higher in comparison with other fields. A report states, by 2023 the number of jobs for finance professionals is expected to grow 17% higher. The roles and responsibilities will vary depending on the job role you choose. Check out the below table to know the salary for pursuing MBA in Finance.

Human Resource

Managing people is one of the responsible tasks that require many skills such as leadership, problem-solving, critical thinking, and a lot more. International students pursuing MBA in Human resource management need to analyze the qualities which can make them choose the right job. Below are some of the job roles and average salaries of human resource degrees in USA.

Marketing

In this online world, social media plays a huge role in every business and hence the demand for marketing personnel is kept increasing. Nowadays, small businesses can even opt for a wide range of marketing activities. There will be an expectation of 130,300 new jobs will take place in 2019-2029.

Investment Banking

Investment banking is one of the most highly paid jobs in the world. An Investment Banker plays a vital role in an organization as their primary role is to raise capital, involving in corporate restructuring, merger, acquisition, etc. Check the below table to know which job role is paying a high salary.

Business Analytics

Pursuing MBA in Business Analytics is worth nowadays as it is gaining popularity and it opens a huge opportunity for the MBA graduates. Doing this MBA specialization will offer you the learnings of technical knowledge, management practices, and business fundamentals. If you’re an MBA graduate specializing in Business Analytics you need to check the below table.

Top employers for MBA in USA

Students who have pursued a degree from the best MBA colleges are likely to hire by top recruiters across the globe. Business schools in the United States have one of the highest-earning alumni. Graduate Management Council (GMC) reveals that there is a significant growth of 56% to 96% increase in recruiters hiring MBA graduates in USA. Below is the list of the top employers offering the highest salary for MBA in USA:

FAQ

1. Which MBA has the highest salary in the US?

MBA in Business Analytics, MBA in Finance, and MBA in Entrepreneurship are the top-paying specialization of MBA in USA.

2. What is the starting salary after MBA in USA?

The starting salary after MBA in USA is $50,000 per annum.

3. What is the average salary of MBA graduate in USA?

The average salary of MBA graduate in USA is $11,500 per annum.

4. How long does it take to get jobs in USA after MBA? 

The time period of getting a job after MBA in USA is completely based on your skillset, experience, and other factors that match the requirement of the employers. Starting a career at least 6 months prior to your last term is preferable.

5. How long does it take to get jobs in USA after MBA?

The time period of getting a job after MBA in USA is completely based on your skillset, experience, and other factors that match the requirement of the employers. Starting a career at least 6 months prior to your last term is preferable.

6. List the top recruiters of MBA graduates in USA.

• Amazon
• Apple
• Accenture
• Deloitte
• JP Morgan
• Bain & Co