In general MBA graduates are likely to earn around 50 percent more than they did before gaining their qualification, proving that undertaking an MBA delivers great return on investment of time and money for those students who are capable of succeeding in this popular degree.

MBA salary is based on location of job. Jobs situated in Europe or an Asian country, particularly those jobs located in large developed cities would recognize a higher salary than those positions in more remote areas.

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.

expected by MBA graduates as they progress in employment:

Under 1 year – $50,427
1 to 4 years – $56,090
5 to 9 years – $74,053
10 to19 years – $94,038
Over 20 years – $103,600

Some average MBA graduate salaries based on state:

California – $96,599
New York – $95,083
Massachusetts – $89,267
Illinois – $83,998
Pennsylvania – $78,536
Texas – $78,532
Florida – $67,130

Average MBA Salaries Based on City:

New York City – $102,869
Boston – $95,605
Los Angeles – $94,243
Chicago – $89,495
Atlanta – $82,410
Houston – $80,711
Dallas – $80,595


Salary range for MBA graduates by type of role

Senior Financial Analyst
$60,200 - $98,940

Financial Analyst
$45,104 - $90,359

Chief Financial Officer (CFO)
$76,048 - $212,666

Marketing Manager
$48,777 - $112,058

Project Manager, Information Technology (IT)
$62,327 - $126,547

Operations Manager
$45,186 - $114,986

Finance Manager
$64,395 - $118,489