MBA Pay Reaches Record Highs!

The latest report on the Business School Hiring Report came out with some exciting results!  The 2019 Corporate Recruiters Survey shows that the median annual base starting salary that employers in the United States plan to offer new MBA hires in 2019 is $115,000, more than double the median for new bachelor’s degree hires ($55,000) and the highest ever median recorded in the U.S. (Check out our analysis of salaries at the top 25 U.S. schools. Year to year, those pay levels never do anything but rise.)

By industry among U.S. employers, GMAC found that the median MBA starting salaries are highest in Consulting ($135,000) and Finance/Accounting ($125,000) industries.

Worldwide, most employers plan to increase MBA starting salaries in 2019 (56%), including 63% of Asia-Pacific employers, 56% of U.S. employers, and 49% of European employers. However, median annual base starting salaries vary considerably by world region: European companies plan to offer new MBA hires US$95,000 this year, and the median for Asia-Pacific companies is US$45,000.