The average MBA salary in USA is $115,000 (₹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 $105,000 (₹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 salary of MBA grads in USA is highly attractive, with management roles expected to grow by 9% between 2020 and 2030, adding 906,800 new jobs.
The median starting salary of MBA graduates in the USA ranges from $85,000 to 200,000 annually (₹72.99 lakh to ₹1.69 crore).
California records the highest MBA salaries in the USA, ranging from $155,000 to 165,000 (₹1.28 - 1.36 crore).
Consulting provides the top-paying MBA roles in the USA at ₹1.45 crore, with finance, tech, and healthcare offering salaries above ₹1 crore.
- 1. What is the Average MBA Salary in USA?
- 2. MBA Salary Offered by Top B-Schools in the USA
- 3. MBA Salary in USA by Specialisation
- 4. MBA Salary in USA By Industry
- 5. MBA Salary in USA By Experience
- 6. MBA Salary in USA By Location
- 7. Salary of MBA in USA: Top Employers & Salary Trends
- 8. Factors Affecting the Salary of MBA Graduates in USA
- 9. How to Find a High-Paying Job after MBA in the USA?
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What is the Average MBA Salary in USA?
The average salary after an MBA in the USA is approximately $63.08 per hour, with annual earnings reaching around $115,000 (₹97 lakh).
MBA graduates in the USA earn a median starting salary ranging from $85,000 to 200,000 annually (₹72.99 lakh to ₹1.69 crore).
Base MBA salaries in USA for senior roles range from ₹2.39 crore to ₹6.09 crore ($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 the average monthly MBA salary in USA in Indian Rupees
Job Title |
Salary of MBA in USA per month (in INR) |
---|---|
Information Technology Management |
₹11.01 lakh |
Business Development Manager |
₹9.39 lakh |
Marketing Manager |
₹9.35 lakh |
Financial Manager |
₹7.45 lakh |
Health Administration |
₹7.29 lakh |
Project Manager |
₹6.05 lakh |
Financial Advisors |
₹5.63 lakh |
Human Resources |
₹5.57 lakh |
Data Analysts |
₹5.33 lakh |
Operations Manager |
₹5.04 lakh |
MBA Salary Offered by Top B-Schools in the USA
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) |
---|---|---|
$198,180 |
₹1.65 crore |
|
$198,032 |
₹1.65 crore |
|
$194,363 |
₹1.62 crore |
|
$196,143 |
₹1.64 crore |
|
$194,792 |
₹1.63 crore |
|
$189,342 |
₹1.58 crore |
|
$175,000 |
₹1.46 crore |
|
$175,000 |
₹1.43 crore |
|
$171,000 |
₹1.38 crore |
|
$165,000 |
₹1.37 crore |
MBA Salary in USA by Specialisation
According to the , the mean starting salary offered by US recruiters to MBA graduates is $131,200 (₹1 cr) per annum. The average base salary of Stanford graduates was above 160,000 $per annum (₹1.3 Cr). The salary of MBA in 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 Salary in USA for Investment Banking
Average Salary: $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.
Here’s a look at the MBA salary in Investment Banking in the USA:
Job Title |
Average MBA Grads Salary in USA in $(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 Salary in USA for Information Technology
Average Salary: $119,000 (₹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.
Here’s a look at the MBA salary in Information Technology in the USA:
Job Title |
Average MBA Grads Salary in USA in $(per year) |
Average MBA Grads Salary in USA in Indian Rupees (per year) |
---|---|---|
Systems Administrator |
$46,000 - 92,000 |
₹38 lakh - 77 lakh |
IT Manager |
$57,000 - 125,000 |
₹48 lakh - 1.04 cr |
Senior Software Engineer |
$85,000 - 157,000 |
₹71 lakh - 1.31 cr |
Source:
3. MBA Salary in USA for Human Resources
Average Salary: $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.
Here’s a look at the MBA salary in Human Resources in the USA:
Job Title |
Average MBA Grads Salary in USA in $(per year) |
Average MBA Grads Salary in USA in Indian Rupees (per year) |
---|---|---|
Human Resources Manager |
$50,000 - 96,000 |
₹42 lakh - 80 lakh |
Human Resources Specialist |
$40,000 - 75,000 |
₹33 lakh - 63 lakh |
Human Resources Coordinator |
$38 |