MBA with $2,00,000 Starting Pay Packages USA 2024
MBA Degree Programs That hauled in $200k starting pay packages
High-Paying Industries for MBA Grads:
Beyond the Salary:
- Bonuses: Don’t just look at base salary! MBA grads often earn substantial bonuses, both signing and performance-based. This can add tens of thousands of dollars to your first-year income.
- Stock Options: Some companies offer stock options, which can add significantly to your overall compensation, especially if the company performs well.
Top 6 Industries:
- Consulting: High base salaries, even exceeding $200,000 at top firms like McKinsey, BCG, and Bain. Potential for rapid salary growth and hefty bonuses.
- Finance: Investment bankers, hedge fund managers, and financial analysts can earn well over six figures. Some Harvard MBA grads even made nearly $400,000 in their first year.
- Tech: Roles in strategy, innovation, product management, and business development are in demand. Even with recent layoffs, many tech jobs offer salaries upwards of $140,000 for MBA grads.
- Consumer Packaged Goods: Leadership roles at these companies can be a reliable source of six-figure salaries. Stern graduates (NYU) entering this field earned an average of $119,000, plus signing bonuses.
- Entertainment, Media, & Sports: Potential for six-figure salaries, based on Stern’s report. Recent grads landed jobs with companies like NBCUniversal, Hulu, and Playstation.
- Healthcare: Roles in pharmaceuticals, biotech, and other healthcare sectors can pay well. Tuck graduates in this field earned base salaries between $118,000 and $185,000.
MBA grads from these 6 top business schools landed $200K starting pay packages
| Business School | Fortune Ranking | Median Base Pay | Median Pay Package | Popular Industries |
|---|---|---|---|---|
| Harvard Business School | 1 | $175,000 | $245,000 | Consulting (26%), Technology (19%), Private Equity (15%) |
| University of Chicago Booth School of Business | 2 | $175,000 | $205,000 | Consulting (36.8%), Finance (36.2%) |
| Northwestern University’s Kellogg School of Management | 3 | $165,000 | $195,000 | Consulting (40%), Technology (20%) |
| New York University Stern School of Business | 7 | $170,000 | $205,000 | Financial Services (34%), Consulting (31%) |
| Dartmouth College’s Tuck School of Business | 11 | $175,000 | $205,000 | Consulting (47%), Financial Services (20%) |
| Yale School of Management | 12 | $160,110 | $210,110 | Consulting (46%), Investment Banking (10% |