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For the roles closely aligned with MBA graduates, the U.S. Bureau of Labor Statistics (BLS) offers the following salary ranges as of May 2023: Business managers : Between $62,470 and $188,820 ...
But if the projected salary for those with an MBA in a chosen industry is not much more than that of someone with a bachelor’s degree and a decade of experience, it may be best to skip the MBA ...
Those who graduated with a Master of Engineering earned an average starting salary of around $98,040. Meanwhile, those with a master’s degree in mathematics and statistics walked into jobs ...
Graduates of the Tuck School of Business earn some of the highest salaries of MBA programs in the United States. MBA graduates of Tuck earned an average $170,000 first year compensation, not including performance-based bonuses or equity-based compensation, the third highest of all US-based MBA programs. [ 9 ]
In the specific case of MBA programs, one study found that ranking MBA programs by a combination of graduates' starting salaries and average student GMAT score can duplicate some of the ranking order found in top 20 lists of Business Week and U.S. News & World Report. [19]
A Master of Business Administration (MBA also Master in Business Administration) is a professional postgraduate degree focused on business administration. [1] The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program.