MBA in the USA is a popular degree program and most students from around the world apply to B-Schools in the USA with an expectation of getting a high paying job after graduation. Lucrative pay scale and career growth are the main reasons why many students choose to study MBA in the US. Statistics of the previous few years show that the Return on Investment (ROI) of an MBA program is quite satisfactory.
While the remuneration of an MBA graduate is quite high, the average MBA salary depends on several factors like specialisation, industries, location, B-School from where the student has graduated as well as a candidate'sskills, knowledge and potential.
Of the 132 ranked full-time MBA programs that reported their salary data to the U.S. News, the overall average base salary plus bonus paid to graduates in 2020 was $101,034. Given below are the lists of the average salaries of an MBA graduate in the US, based on industry andschool.
Average MBA SalaryBy Industry/Sector
Check out the average MBA salary in the US, as estimated by PayScale in the year 2020:
Industry/ Sector |
Average Salary |
Technology |
$112k |
Consulting |
$104k |
Finance |
$98k |
Marketing |
$91k |
Digital Marketing |
$68k |
Operations |
$66k |
Insurance |
$50k |
Find Out How Much You Will Earn After Completing Your MBA Degree from the US!
Also Read:Top Universities in the USA to Study MBA
Average MBA Salary By School
The average school-wise MBA salary mentioned in the table below is based on data released by the U.S. News in 2020:
B-School |
Average Salary |
$176,083 |
|
$175,148 |
|
$173,882 |
|
$173,057 |
|
$172,683 |
|
$172,254 |
|
$171,785 |
|
$171,436 |
|
$169,190 |
|
$167,134 |
Popular Companies in USA Hiring MBA Graduates
Several companies hire MBA graduates with relevant specialisation. Some of the top companies offering a high pay scale to a candidate with an MBA degree are as follows:
Amazon |
JP Morgan |
Apple |
Microsoft |
Bain & Company |
Morgan Stanley |
Boston Consulting Group |
Ernst & Young |
Deloitte |
PricewaterhouseCoopers |
Accenture |
PepsiCo |
Tesla |
Johnson & Johnson |
Also Read:Top MBA Specialisations inUSA for Indian Students
Investing your time and money in pursuing an MBA from USA is an important decision. Hence, there can be no room for mistakes.If you wish to pursue an MBA in the USA but need assistance with your MBA application, then get in touch with our study abroad experts today. You can register with us or write to us at abroad@collegedekho.com.
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