Most of the
Indian Students are interested in pursuing their MBA in USA
after bachelors and requested the estimated salaries. These
salaries by schools will answer their questions. Independent of
any other factors, all international MBA students are starting
at $40,000+ Minimum salary and upto 160k+
| Rank |
Business School |
Pre MBA
Salaries* |
Median Total
Pay Package |
Percent
Increase |
|
1 |
U. of Pennsylvania
(Wharton) |
$60,000 |
$156,000 |
160% |
|
2 |
Northwestern (Kellogg) |
$56,000 |
$142,000 |
154% |
|
3 |
Stanford |
$65,000 |
$165,500 |
155% |
|
4 |
Harvard |
$65,000 |
$160,000 |
146% |
|
5 |
Columbia |
$50,000 |
$142,500 |
185% |
|
6 |
Duke (Fuqua) |
$49,000 |
$128,500 |
162% |
|
7 |
MIT (Sloan) |
$55,000 |
$149,000 |
171% |
|
8 |
Chicago |
$55,000 |
$140,000 |
155% |
|
9 |
Cornell (Johnson) |
$50,000 |
$135,000 |
170% |
|
10 |
Dartmouth (Tuck) |
$50,000 |
$149,500 |
199% |
|
11 |
Michigan |
$50,000 |
$131,000 |
162% |
|
12 |
NYU (Stern) |
$45,000 |
$140,000 |
211% |
|
13 |
UC — Berkeley (Haas) |
$50,000 |
$135,000 |
170% |
|
14 |
Virginia (Darden) |
$50,000 |
$135,000 |
170% |
|
15 |
Yale |
$45,000 |
$130,000 |
189% |
|
16 |
UCLA (Anderson) |
$55,000 |
$136,500 |
148% |
|
17 |
Carnegie Mellon |
$45,000 |
$125,000 |
178% |
|
18 |
UNC — Chapel Hill |
$48,000 |
$125,000 |
160% |
|
19 |
Texas — Austin
(McCombs) |
$45,000 |
$107,000 |
138% |
|
20 |
Indiana (Kelley) |
$42,000 |
$114,000 |
171% |
|
21 |
USC (Marshall) |
$45,000 |
$112,000 |
149% |
|
22 |
Purdue (Krannert) |
$35,000 |
$101,500 |
190% |
|
23 |
Rochester (Simon) |
$40,000 |
$110,000 |
175% |
|
24 |
Georgetown (McDonough) |
$45,000 |
$116,000 |
158% |
|
25 |
Washington U. (Olin) |
$42,000 |
$109,000 |
160% |
As this table shows, the average
salary increase ranges from 138% at UT Austin to 211% at NYU
(Stern).
The key takeaway from this table
is that there is some cap on the amount recruiters are willing
to pay first-year MBAs without regard to their pre-MBA work
experience – which we explicitly assume is closely tied to the
pre MBA salaries.
Before you take this table too
seriously, we want to clearly state that these numbers are
simply averages. If you decide upon graduation that you would
like to work for a small start up and a nice options package (we
concede those days are probably gone until the business cycle
comes full circle again) or if you decide to work for a large
Fortune 500 with good job benefits and security, then you are
NOT going to make the these 6 figure salaries your first year
out of business school.
* Pre MBA salaries are estimates
we developed from many sources. Certain business schools do not
collect this information from their incoming students. Those
schools that do report these salaries use self-reported
information anyway.
|
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