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MBA: The Why, The Whats & The Hows

Average MBA Salary in USA in 2025: High-paying Jobs & Industries

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ÐÓ°ÉÂÛ̳ Editorial Team
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The average MBA salary in the USA is USD 115,000 (INR 97 Lakh), reflecting the high demand for MBA graduates due to their management and leadership skills, with 90% securing jobs offering an average base pay and joining bonus of USD 105,000 (INR 87 Lakh), according to US News and the US Bureau of Labor Statistics.

The US, known for its top-notch education system and the world's largest economy, is the best country for an MBA. The starting salary of an MBA graduate is highly attractive, with management roles expected to grow by 9% between 2020 and 2030, adding 906,800 new jobs. 

Key Highlights:

  • The median starting salary of MBA graduates in the USA ranges from USD 85,000 to 200,000 annually (INR 72.99 lakh to ₹1.69 crore).
  • California records the highest MBA salaries in the USA, ranging from USD 155,000 to 165,000 (INR 1.28 - 1.36 crore).
  • Consulting provides the top-paying MBA roles in the USA at INR 1.45 crore, with finance, tech, and healthcare offering salaries above INR 1 crore.

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Factors Affecting MBA Salary in the USA

While an MBA opens the door to high-paying jobs, several important factors determine how much you actually earn after graduation. Understanding these factors is crucial for setting realistic expectations and planning your career path wisely.

Here are the main factors that influence MBA salaries in the US:

  • MBA Specialisation: Specializations in finance, consulting, business analytics, and technology consistently lead to some of the highest-paying roles for MBA graduates in the U.S.
  • Business School Ranking: Graduates from top-tier MBA programs like Harvard, Stanford, and Wharton often earn salaries 30% - 50% higher than those from mid-ranked schools.
  • Years of Work Experience: Professionals with 3 - 5 years of work experience before their MBA typically see starting salaries 15% - 20% higher than those entering directly from undergraduate programs.
  • Industry Chosen After MBA: Fields like management consulting, private equity, investment banking, and tech offer the most competitive salaries, with many roles starting at $150,000 or more annually.
  • Location Within the USA: MBA Salaries vary significantly by city. MBA graduates working in major hubs like San Francisco, New York City, and Boston often earn 15% - 25% more than the national average.

Average MBA Salary in the USA

The average salary after an MBA in the USA is approximately USD 63.08 per hour, with annual earnings reaching around USD 115,000 (INR 97 crore).

The starting salary for MBA graduates in the USA ranges from USD 85,000 to 200,000 annually (INR 72.99 lakh to ₹1.69 crore). 

Base salaries for senior roles can range from INR 2.39 crore to INR 6.09 crore (USD 275,000 - 700,000).
MBA graduates in the USA command competitive salaries across various specializations, reflecting both industry demand and skill requirements.

Here’s a breakdown of average monthly MBA graduates' salaries in Indian Rupees for popular job roles in USA:

Job Title

Monthly MBA Salary in the USA (in INR)

Information Technology Management

INR 11.01 lakh

Business Development Manager

INR 9.39 lakh

Marketing Manager

INR 9.35 lakh

Financial Manager

INR 7.45 lakh

Health Administration

INR 7.29 lakh

Project Manager

INR 6.05 lakh

Financial Advisors

INR 5.63 lakh

Human Resources

INR 5.57 lakh

Data Analysts

INR 5.33 lakh

Operations Manager

INR 5.04 lakh

MBA Salary in the USA: Specialisation-Wise Insights

According to the , the mean starting salary offered by US recruiters to MBA graduates is USD 131,200 (INR 1 cr) per annum. The average base salary of Stanford graduates was above 160,000 USD per annum (INR 1.3 cr). The MBA salary in the USA depends on numerous factors such as your school, specialisation, and the recruiter.

Here we have discussed 5 popular specialisations for MBA in the USA and their possible job opportunities:

1. MBA in Investment Banking

Average Salary: USD 94,000/year.

Investment banking offers some of the highest-paying MBA jobs in the US. With this specialization, you will analyze an organization's goals and financial needs while raising capital through investments, often on a retainer basis. Having full access to the company's financial information, you can develop strategies and plans to drive its growth.

Investment Banking Job Roles and Salary in the USA:

Job Title

Average MBA Grads Salary in USA in USD (per year)

Average MBA Grads Salary in USA in Indian Rupees (per year)

Financial Analyst

48,000 - 87,000

40 Lakh - 73 Lakh

Executive Assistant

51,000 - 96,000

43 Lakh - 80 Lakh

Investment Banking Analyst

53,000 - 87,000

44 Lakh - 73 Lakh

Source:

2. MBA in Information Technology

Average Salary: USD 119,000 (INR 1.03 crore)

The prime role of the IT department is to supervise the company's computer infrastructure and manage network technology, IT security, and the software platforms used by the company. It also includes overseeing other employees’ use of data.

Information Technology Job Roles and Salary in the USA:

Job Title

Average MBA Grads Salary in USA in USD (per year)

Average MBA Grads Salary in USA in Indian Rupees (per year)

Systems Administrator

46,000 - 92,000

INR 38 lakh - 77 lakh

IT Manager

57,000 - 125,000

INR 48 lakh - 1.04 cr

Senior Software Engineer

85,000 - 157,000

INR 71 lakh - 1.31 cr

Source:

3. Human Resources

Average Salary: USD 76,000

An MBA in Human Resources paves the way for a rewarding career. The HR department of the company ensures that all human resources activities comply with local, state, and federal laws. They also need to oversee programs related to employee benefits and initiatives.

Job Roles and Salary in the USA:

Job Title

Average MBA Grads Salary in USA in USD (per year)

Average MBA Grads Salary in USA in Indian Rupees (per year)

Human Resources Manager

50,000 - 96,000

INR 42 lakh - 80 lakh

Human Resources Specialist

40,000 - 75,000

INR 33 lakh - 63 lakh

Human Resources Coordinator

38,000 - 63,000

INR 32 lakh - 53 lakh

Source:

4. Finance

Average Salary: USD 107,000

Finance is a competitive sector that offers an attractive salary after an MBA in the USA. Working in finance means you will evaluate all financial requirements and goals and formulate an investment strategy beneficial for the organization. All big firms and companies look for financial advisors to manage and keep track of their finances.

Job Roles and Salary in the USA:

Job Title

Average MBA Grads Salary in USA in USD (per year)

Average MBA Grads Salary in USA in Indian Rupees (per year)

Senior Financial Analyst

67,000 - 108,000

INR 56 lakh - 90 lakh

Financial Controller

64,000 - 133,000

INR 53 lakh - 1.1 cr

Financial Analyst

51,000 - 88,000

INR 43 lakh - 73 lakh

Source:

5. Business Analytics

Average Salary: USD 84,000

Business Analytics is the top-paying MBA specialisation currently. An MBA in Business Analytics is all about the data to reach valid conclusions and decisions. Leading data-driven analysis, creating analytic models, assisting and developing business strategies, etc. are some responsibilities that business analysts are expected to look after. 

Job Roles and Salary in the USA:

Job Title

Average MBA Grads Salary in USA in USD (per year)

Average MBA Grads Salary in USA in Indian Rupees (per year)

Business Strategist Analyst

50,000 - 96,000

INR 42 lakh - 80 lakh

Business Application Analyst

70,000 - 100,000

INR 58 lakh - 83 lakh

Business & Data Analyst

40,000 - 90,000

INR 33 lakh - 75 lakh

Source:

MBA Salary in the USA: Industry-wise Insights

When it comes to earning potential for MBA graduates in USA, consulting leads the pack with an average annual pay of around INR 1.45 crore, making it the most lucrative industry in the US for graduates in 2025. 

Financial services and investment banking come close, offering salaries around INR 1.28 crore per year. Meanwhile, industries like technology and healthcare also cross the INR 1 crore mark, driven by the rising demand for leadership and digital skills. 

Sectors such as non-profits and education, while offering meaningful careers, tend to have lower starting salaries around INR 66-75 lakhs.

Here are the average MBA salaries by industry in 2025:

Industry

Average MBA Salary (per year)

Average MBA Salary (in INR)

Consulting

USD 175,000

INR 1.45 crore

Financial Services & Investment Banking

USD 155,000

INR 1.28 crore

Technology (IT, Big Tech)

USD 145,000

INR 1.20 crore

Healthcare & Pharmaceuticals

USD 130,000

INR 1.08 crore

Consumer Goods & Retail

USD 120,000

INR 1.00 crore

Energy & Utilities

USD 115,000

INR 96 lakhs

Manufacturing & Industrial Goods

USD 110,000

INR 92 lakhs

Non-profit & Public Sector

USD 90,000

INR 75 lakhs

Education & Academia

USD 80,000

INR 66 lakhs

MBA Salary in the USA: Experience-wise Insights

Experience plays a major role in shaping MBA salaries. In 2025, fresh MBA graduates in the US with 0-2 years of work experience are earning an average of INR 80-90 lakhs annually. 

As professionals gain more experience, salaries rise sharply; mid-level managers (3-7 years experience) can expect around INR 1.1 to 1.5 crore, while senior executives with 10+ years of experience can command over INR 2 crore. 

This salary growth reflects the value of leadership skills, strategic thinking, and industry expertise gained over time.

Here’s a detailed look at experience-wise MBA salaries in the USA:

Experience Level

Average Salary (per year)

Average Salary (in INR)

0-2 years (Entry-Level)

USD 100,000 - 110,000

INR 83-92 lakhs

3-7 years (Mid-Level)

USD 130,000 - 160,000

INR 1.08-1.32 crore

8-10 years (Senior Manager)

USD 160,000 - 200,000

INR 1.32-1.65 crore

10+ years (Executive Roles)

USD 200,000 - 300,000

INR 1.65-2.5 crore

MBA Salary in the USA: Location-wise Insights

In 2025, states like California, New York, and Massachusetts are leading the charts, offering the highest MBA salaries in USA due to the strong presence of industries like finance, technology, consulting, and healthcare. 

For instance, an MBA graduate working in California earns an average of INR 1.3-1.5 crore annually, which is substantially higher than the national average. 

Meanwhile, states with lower living costs, like Texas and North Carolina, also offer competitive packages with better take-home savings.

Check out the average MBA salary in the US based on location:

State

Average Salary (per year)

Average Salary (in INR)

California

USD 155,000 - 165,000

INR 1.28 - 1.36 crore

New York

USD 150,000 - 160,000

INR 1.24 - 1.32 crore

Massachusetts

USD 140,000 - 155,000

INR 1.16 - 1.28 crore

Texas

USD 130,000 - 140,000

INR 1.08 - 1.16 crore

Illinois (Chicago)

USD 125,000 - 135,000

INR 1.04 - 1.12 crore

North Carolina (Raleigh)

USD 120,000 - 130,000

INR 1.00 - 1.08 crore

Florida

USD 115,000 - 125,000

INR 95 lakhs - 1.04 crore

Washington (Seattle)

USD 135,000 - 145,000

INR 1.1 - 1.20 crore

MBA Salary in the USA Offered by Business Schools

In 2023, reported an average starting salary of $128,000 across all the business schools.

Salary after obtaining an MBA from top universities in the USA can vary significantly based on industry, geographic location, work experience, and the specific business school. However, graduates from top MBA programs generally see substantial increases in their earning potential.

Here is an overview of typical post-MBA salaries from some of the top MBA universities in the USA:

Name of the B-school

Average Salary per annum (in USD)

Average Salary per annum (in INR)

Harvard University

198,180

INR 1.65 crore

Stanford University

198,032

INR 1.65 crore

Columbia University

194,363

INR 1.62 crore

New York University

196,143

INR 1.64 crore

The University of Chicago

194,792

INR 1.63 crore

Northwestern University

189,342

INR 1.58 crore

University of Pennsylvania

175,000

INR 1.46 crore

Yale University

175,000

INR 1.43 crore

University of California, Berkeley

171,000

INR 1.38 crore

MIT

165,000

1,37,66,700

How to Find a High-Paying Job after MBA in the USA?

If you have plans to settle or live longer in the USA after completing your MBA course, you must start your preparation early. Here we bring you some important tips to crack job opportunities after an MBA in the USA:

  • Personal Networking: You will come across students from many countries while pursuing an MBA in the USA. Getting in touch with them and engaging in productive discussions about jobs and careers is a great way to gather information and ideas. You may also establish close bonds with your professors for the same. Their knowledge and experience will surely be rewarding for your life and career.
  • Academic Excellence: An outstanding academic history takes you a long way in life. High scores and extensive knowledge help achieve the jobs of your dreams. Your scores are mostly the first thing that comes to the notice of the recruiters.
  • MBA Internships: Internships play a significant role in programs like MBA, where practical experience is valuable. Internships are opportunities to know the industry of your choice and ways to become a part of it. Apart from the knowledge, MBA internships in the USA enhance your networking too.
  • Career Profiles and Job Sites: Job sites are the modern platform for you to explore, connect, and collect insights about various recruiters and job roles. Create an impressive job profile and keep a check on the latest vacancies and job openings till you land one.

Suggested: MBA in USA Without Work Experience

From the Desk of ÐÓ°ÉÂÛ̳

The job prospects and salaries are quite high if you complete an MBA from the US. Though your career trajectory will depend on your skills, an average starting salary for MBA grads in the USA is USD 131,200 (INR 1,09,46,610). It not only allows a high standard of living but also provides a high ROI and future career prospects. If you want to study for an MBA in a top US B-school, trust us.

Why ÐÓ°ÉÂÛ̳? Because we have helped thousands of students get into the top universities across the world. Be it Wharton, Harvard Business School in the US, or HEC Paris, INSEAD - we have helped students like you gain successful admits to all. Connect with our counselors at ÐÓ°ÉÂÛ̳ to know how we can help you!

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