Pursuing an MBA is a sizeable investment, and knowledge of the potential returns is essential. The average pay for an MBA in USA can range from $90,000 to $150,000 per annum, based on your field, role, and experience. Graduates of good business schools tend to earn even more, especially in finance and consulting. In this blog, we will break down the average salary MBA in USA, what determines it, and how you can get the best out of your salary after graduation. If you are preparing for your MBA, this article will give you some realistic salary expectations.
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Following an MBA in the USA, many job opportunities are available in several industries, many of which lead to well-paying jobs. Some of the most sought-after fields are management consulting, finance, and technology, in addition to roles in human resources, marketing, and healthcare administration. Some of the specific job titles are posts such as Financial Manager, Marketing Manager, IT Manager, and Human Resources Manager.
Here’s a table with common MBA job roles in the USA along with their average annual salaries:
| Job Role | Average Annual Salary (USD) |
|---|---|
| Financial Manager | $130,000 – $150,000 |
| Marketing Manager | $120,000 – $140,000 |
| IT Manager | $125,000 – $145,000 |
| Human Resources Manager | $95,000 – $115,000 |
| Management Consultant | $110,000 – $140,000 |
| Investment Banker | $130,000 – $160,000 |
| Product Manager (Tech) | $115,000 – $140,000 |
| Healthcare Administrator | $100,000 – $120,000 |
| Business Development Manager | $90,000 – $120,000 |
| Operations Manager | $95,000 – $110,000 |
These are a few popular jobs where MBA graduates prefer to get. The table states the average salary after MBA for each job roles in the US. Let us now move on to the next section of the blog. It talks about the top recruiters in the USA for MBA graduates.
Read more about MBA in USA: An Ultimate Guide on MBA in USA for International Student
There are popular companies that are famous for hiring students from STEM courses. STEM courses are the ones related to Science, Technology, Engineering, and Mathematics. However, they also hire MBA graduates with good skills for various other job roles. Look at the table below to learn about the top 10 MBA recruiters in the US.
| COMPANY NAME | AVG. SALARY PACKAGE |
|---|---|
| McKinsey & Company | $100,000 to $140,000 per year |
| Boston Consulting Group (BCG) | up to $147,000 per year |
| Amazon | $152,140.19 per year (Approx.) |
| Bain & Company | $192,000 per year |
| Deloitte | $169,000 per year |
| EY-Parthenon | $89,000-$132,000 per year |
| $201,466.71 per year | |
| Microsoft | $239,911.08 per year |
| Accenture | $120,000 per year |
| JP Morgan Chase & Co. | $96,679 - $104,603 per year (Approx.) |
These are top MBA recruiters in the USA. Now Let's read about Highest Paying Jobs in USA for an MBA.
There are many high-paying jobs sectors for MBA graduates in the US. Follow the table below to learn more about these jobs and their high MBA salary in USA.
Firstly, skilled business analysts are the ones in dire need in many companies. Their job is vital for the business's growth. They make reports after analyzing how low or high is the business going in every aspect.
| JOB ROLE | AVG. SALARY |
|---|---|
| Business Strategy Analyst | 50,000-96,000 USD |
| Business and Data Analyst | 40,000-90,000 USD |
| Business Application Analyst | 70,000-100,000 USD |
In the USA, there is a high scope of the finance sector. Job roles in this sector need skilled people. Their job is to build financial strategies and analyze risks. They are responsible for tracking and managing money.
| JOB ROLE | AVG. SALARY |
|---|---|
| Financial Controller | 64,000-133,000 USD |
| Financial Analyst | 51,000-88,000 USD |
| Senior Financial Analyst | 67,000-108,000 USD |
They supervise and manage employee benefits. They also initiate such programs and organize them. HR people manage to recruit talented people and are responsible for workplace safety.
| JOB ROLE | AVG. SALARY |
|---|---|
| Human Resource Coordinator | 38,000-63,000 USD |
| Human Resource Specialist | 40,000-75,000 USD |
| Human Resource Manager | 50,000-96,000 USD |
The MBA graduate salary in USA is higher than in India. Thus, students can specialize in IT and manage the computers and networks of the company. They also get to monitor the data the other employees are using. They handle client data protection.
| JOB ROLE | AVG. SALARY |
|---|---|
| System Administrator | 46,000-92,000 USD |
| Senior Software Engineer | 87,000-157,000 USD |
| IT Manager | 57,000-125,000 USD |
These are a few of the top career aspects in the USA after an MBA. Let us now learn some tips and tricks to find a job after an MBA in the USA. This blog works as a handy guide on MBA in USA for international students.
MBA graduates can expect a positive growth in their salary after having experience of a few years. The average salary of MBA in USA after five years can be around $111,362 (INR 94,79,230). These numbers will grow constantly with the increasing experience. This is because you will gain more expertise in your field after a few years.
|
Years of Experience |
Average Salary |
|
4–6 |
$111, 362 (INR 94,79,230) |
|
7–9 |
$117,689 (INR 1,00,17,787) |
|
10–14 |
$129,833 (INR 1,10,51,495) |
|
15+ |
$142, 001 (INR 1,20,87,176) |
Many MBA graduates can get job opportunities with compensation offers. Now that you know about these compensations do you want to know what compensations you can get along with MBA salary in USA? This compensation includes a basic salary with stock options, a signing bonus, a performance bonus and additional benefits.
However, you must not forget that compensation options can also vary according to college, location and industry. Hence, you should find the best college for your MBA course. For this, you can get help from course finder tools. These tools will help you search for suitable courses and compare different institutes.
There are plenty of jobs after an MBA in the USA for Indian students. Follow the tips to find a job in the US listed below:
1. Networking
2. Internships
3. A Good Job Profile
4. Apply on Job Sites
5. Join Employment Centres
6. Look for Campus Placements
Firstly, it is vital to connect with the right people. Many scholars neglect the power of socializing with people. To look for a job in the US, you must have contacts. There are several ways to establish connections with people. Many professional apps like LinkedIn that you can use for the same. Moreover, there is a good chance to meet scholars from all around the world. Thus,aspirants can exchange details on career goals and job opportunities in the USA.
Secondly, enrol and work even if it is unpaid. If you have the experience and skills, employers will hire you. To build these skills, it is crucial to work on real-world problems. Internships in the USA after an MBA are one of the best options for that. In addition, you can also request an LOR from your mentor or manager. It will add to your resume.
Furthermore, it is vital to build a great portfolio. It includes adding relevant skills and experience to the resume. Several companies hire freshers and experts both. However, an MBA graduate without experience might push them away. Hence, it is crucial to build a good job profile that reflects your expertise.
Lastly, there are several sites and apps where you can find a job easily. You can also use them to connect with recruiters and HRs.
Job agencies circulate your resume to all the companies. They have the details of all the scholars who apply to their agency to find a job for them. Indeed, these are old-school but still very efficient. Moreover, there are numerous such agencies in the US that give career guidance.
If a scholar scores consistently well, they can expect their institute to find them a job. College placements are reliable and secure. A great way to be a part of these is to score high and polish your skills. Follow the table below to learn the placement rate of some top colleges in the US.
| UNIVERSITY NAME | PLACEMENT RATE |
|---|---|
| Harvard University | 96% |
| Boston University | 94% |
| Wharton University | 98.7% |
| Columbia University | 95% |
| Yale School of Management | 98.5% |
| Stanford University | 90% |
| The Kellogg School of Management | 97% |
These were a few tips to find a job after MBA. Now, let us move on to the next section to help you understand where to get an MBA job in the USA. The next section of the blog discusses which platforms you can use.
Several apps can help you speak with employers. You can also send your resumes to them directly. Following are the top 10 such apps/sites where MBA graduates can apply for a job.
These are a few platforms that can help you search for jobs in the US. Now that you know where you can apply in the US for jobs after an MBA. This is all you need to know about jobs in the USA after an MBA.
To sum up, there are many opportunities in the USA for skilled scholars. This blog also states the highest MBA salary in the U.S. and UK. In addition, you are now aware of the MBA jobs in USA for freshers. If you need more reasons to study MBA in the USA, consult a mentor. This blog also covers details on an MBA jobs in the USA for international students. Do you want to know which university is best for an MBA? Gradding.com can help you with research and other services. Book a free session now on our website. We cover our students' visas, documents, course selection, English skill tests, etc.
All the best for your study abroad journey!
In the USA, an MBA in finance has the highest salary package. Marketing jobs are increasing rapidly. All over the world, there is an increasing demand for marketers. The MBA salary in USA is higher as compared to India. Thus, finance is one of the best sectors to specialize in.
There are a lot of perks to pursuing an MBA in the USA or elsewhere. The increasing job market for marketers and analysts is another reason for studying an MBA in the USA. You can make a good career in the USA if you have an MBA degree.
The Average tuition fee for MBA in the USA annually is 50,000 USD to 60,000 USD. It can go up to 90,000 USD for top-notch universities. There are more than 550 institutes that offer MBAs in the US.
The salary for an enter-level MBA in the USA generally ranges between $115,000 (INR 97,89,775) and $120,000 (INR 1,02,15,420). However, there are a few factors that can affect the salary like specific school, industry and location.
MBA programs are expensive in the USA because of various factors like high tuition charges and high living costs. Further, the duration of the MBA program is 2 years, which contributes to overall study expenses. Additionally, international students might face higher costs for the MBA program.
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