$110,000 to $130,000 per year
(Poets&Quants) — $375,000. That’s the starting base salary for the highest paid MBA in the class of 2013. It’s a princely sum for a freshly minted graduate of a business school, and it may be even more surprising that the MBA is not from Harvard, Stanford, or Wharton. More often than not, the lowest reported starting salaries are accepted by graduates who venture into the non-profit or social sector — or who take jobs with massive potential payouts at year-end. The year’s lowest reported salary: Just $10,000 for a UCLA Anderson MBA who went into private equity and venture capital. You know that this person’s W2 at the end of the year will not show total income of 10 grand Thirty percent of employers will give raises equal to the rate of inflation; 21% of employers will increase starting salaries by even more than that. The expected median starting salary for recent MBA graduates in the United States will be $100,000 this year. That’s an increase of $5,000 from last year’s salaries and a $45,000 advantage over what survey respondents are paying candidates with bachelor’s degrees. (The Council pegs the starting salary for graduates with a bachelor’s degree at $55,000, based on its survey of corporate recruiters. In 2008, Harvard MBAs reported record salary and bonus averaging $144,261. Last year, a full five years later, the pay was nearly $6,000 less. It’s a similar story for Stanford MBAs. The Class of 2008 received average salary and bonus of $140,771, also a record, but more than $3,000 less in 2013. Truth be told, Harvard and Stanford pay hit an artificial ceiling in 2008. Even worse, perhaps, average salaries and bonuses for the graduates of what are generally considered the two best business schools in the world were significantly lower than they were five years ago in 2008. THE GREAT RECESSION HELPED TO RESET MBA PAY. At present, the average starting salary for MBA graduates can be as high as $110,000 to $130,000 per year for those graduating from top ranked institutions, while MBA graduates from other schools can earn in the range of $75,000 to $90,000 per year. Across the US there has been a range of average salaries evident, based on the economy of a city or state, along with the economic growth and stability of that particular business, as well as the cost of living locally. Here are some average MBA graduate salaries based on state: 1  California – $96,599. 2  New York – $95,083. 3  Massachusetts – $89,267. 4  Illinois – $83,998. 5  Pennsylvania – $78,536. 6  Texas – $78,532 Gender and location are other variables that can skew an average salary. Men claimed to earn between $51,427 and $122,306 while women made between $42,976 and $97,046. California had the highest paid MBA graduates with 12.4 percent of people surveyed earning $99,625. Florida had the lowest paid graduates with 5.5 percent making $73,332. Yet again, job type is also a significant determinant in calculating average salary. Financial analysts had a national average salary of $60,704 while finance managers earned $93,978. The national average salary for marketing directors and chief financial officers was $118,654 and $128,201, respectively. Those with one to four years of experience, 1.9 percent of respondents, had an average salary of $58,092. Additionally, the 34 percent with 10 to 19 years of experience made an average $98,252 annually. The survey results clearly reveal that work experience contributes significantly to an MBA’s salary. According to the salary website Payscale.com, MBA graduates can expect to earn an average of $50,000 in their first year of employment after graduating. Across the US there has been a range of average salaries evident, based on the economy of a city or state, along with the economic growth and stability of that particular business, as well as the cost of living locally. Here are some average MBA graduate salaries based on state: 1  California – $96,599. 2  New York – $95,083. 3  Massachusetts – $89,267. 4  Illinois – $83,998. 5  Pennsylvania – $78,536. 6  Texas – $78,532 $375,000. That’s the starting base salary for the highest paid MBA in the Class of 2013. It’s a princely sum for a freshly minted graduate of a business school, and it may be even more surprising that the MBA is not from Harvard, Stanford, or Wharton. Or, for that matter, London Business School or INSEAD. That bonus alone was more than the base salary of any Stanford Class of 2013 grad. If that lucky student received the median base salary in private equity of $150,000 along with the median signing bonus of $35,000, a likely possibility, the person’s total first-year compensation would be a minimum of $522,500.
http://fortune.com/2014/01/28/the-highest-and-lowest-paid-mbas/ http://fortune.com/2015/05/19/mba-graduates-starting-salary/ http://poetsandquants.com/2014/03/13/what-mbas-are-making-at-the-top-50-schools/ http://www.sbbcollege.edu/s/mba-salary-guide/ http://www.investopedia.com/articles/personal-finance/031215/what-average-salary-mba-graduate.asp http://www.sbbcollege.edu/s/mba-salary-guide/ http://poetsandquants.com/2014/01/23/highest-lowest-paid-mbas-of-2013/
what is the salary range for mba graduate