Average Salary for an MBA Graduate in USA

By Neha Kumari Updated On - Oct 01, 2021 04:28 PM

Find out the average salary for an MBA graduate in the US and top companies hiring MBA graduates in the US. You can also check the average MBA salary package that candidates earn after graduating from top B-Schools in the USA.

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's skills, 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 and school.

Average MBA Salary By 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

Stanford University

$176,083

NYU

$175,148

Dartmouth College

$173,882

Northwestern University

$173,057

University of Chicago

$172,683

Cornell University

$172,254

Harvard University

$171,785

Columbia University

$171,436

University of Virginia

$169,190

Duke University

$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 in USA 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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