It goes without much saying that the US is the greatest country in the world. With the best education system, the US has been the top choice for international students. The largest economy in the world, the United States is the best country for an MBA. According to the US Bureau of Labour Statistics, management roles in the US are expected to grow by 9% between 2020 and 2030. This will result in about 906,800 new jobs. Apart from the high salary, an MBA degree equips the learners with management and leadership skills to upgrade their career prospects.
The main factors contributing to the popularity of MBA degrees in the USA are great opportunities and a high ROI.. Employers generally seek out MBA graduates due to their abilities to manage people, responsibilities and strategize right plans for maximum business outcomes. According to US News, at least 90% of graduates were employed when they graduated with an average base pay and joining bonus of over $105,000 or INR 87,53,000.
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What is the Average Salary After MBA in USA?
According to the US Labor Report 2023, the mean starting salary offered by US recruiters to MBA graduates is USD 131,200 (INR 1.09 cr) per annum. The average base salary of Stanford graduates is above 160,000 USD per annum (INR 1.30 crore). The MBA salary in the USA varies a lot. This depends on numerous factors such as your school, specialisation, and finally, the recruiter.
Job Opportunities after MBA in USA with Average Salaries
The average salary for an MBA in the USA depends heavily on the specialisation you choose. Here we have discussed 5 popular specialisations for MBA in USA and their possible job opportunities:
Investment Banking
Investment banking offers some of the most highly paid MBA jobs in the US. This specialisation examines the goals and needs of an organisation while seeking to raise capital through investment, typically through a retainer. With full access to all financial information of the company, one may formulate strategies and plans for the benefit of the company. The annual average salary after MBA in the USA in investment banking is USD 65,000 (INR 54,21,263) per year.
Mentioned below are the job roles and average salary for MBA in USA for investment banking:
|
Job Title |
Average Salary Per Year (in USD) |
|---|---|
|
Financial Analyst |
48,000 - 87,000 or INR 40,00,000 |
|
Executive Assistant |
51,000 - 96,000 or INR 60,00,000 |
|
Investment Banking Analyst |
53,000 - 87,000 or INR 60,00,000 |
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Information Technology
The salary for MBA in USA for the specialisation in Information Technology on average is USD 89,063 (INR 74,28,214) per annum. The prime role of the IT department is to supervise the company's computer infrastructure and manage network technology, IT security and the software platforms used by the company. It also includes overseeing other employees’ use of data and the security of customers’ information.
Mentioned below are the job roles and average salary for MBA in USA for information technology:
|
Job Title |
Average Salary Per Year (in USD) |
|---|---|
|
Systems Administrator |
46,000 - 92,000 or INR 60,00,000 |
|
IT Manager |
57,000 - 125,000 or INR 80,00,000 |
|
Senior Software Engineer |
85,000 - 157,000 or INR 80,00,000 |
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Human Resources
An MBA in Human Resources paves your way for a rewarding career. The HR department in any given company ensures that all human resources activities comply with local, state and federal laws. They also need to oversee programs related to employee benefits and initiatives. The annual average MBA salary in the USA in human resources is USD 65,000 (INR 54,21,263) per year.
Mentioned below are the job roles and estimated salary for MBA in USA in Human Resources:
|
Job Title |
Average Salary Per Year (in USD) |
|---|---|
|
Human Resources Manager |
50,000 - 96,000 or INR 70,00,000 |
|
Human Resources Specialist |
40,000 - 75,000 or INR 50,00,000 |
|
Human Resources Coordinator |
38,000 - 63,000 or INR 35,00,000 |
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Finance
Finance is a competitive sector that offers an attractive salary after MBA in the USA. If you work in finance, you will be responsible for evaluating all financial requirements and goals and formulating an investment strategy beneficial for the organisation. All big firms and companies look for financial advisors to manage and keep track of their finances. The average salary of an MBA in the USA for a finance manager is USD 95,515 (INR 79,66,337) per annum.
Mentioned below are the job roles and estimated salary for MBA in USA in Finance:
|
Job Title |
Average Salary Per Year (in USD) |
|---|---|
|
Senior Financial Analyst |
67,000 - 108,000 or INR 75,00,000 |
|
Financial Controller |
64,000 - 133,000 or INR 80,00,000 |
|
Financial Analyst |
51,000 - 88,000 or INR 50,00,000 |
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Business Analytics
Business Analytics is the top paying MBA specialisation currently. An MBA in Business Analytics is all about the systematic analysis of data to reach valid conclusions and decisions. Leading data-driven analysis, creating analytic models, to assist and develop business strategies, etc. are some responsibilities that business analysts are expected to look after.
Mentioned below are the MBA jobs in US in Business Analytics and their estimated salary packages:
|
Job Title |
Average Salary Per Year (in USD) |
|---|---|
|
Business Strategist Analyst |
50,000 - 96,000 or INR 60,00,000 |
|
Business Application Analyst |
70,000 - 100,000 or INR 70,00,000 |
|
Business & Data Analyst |
40,000 - 90,000 or INR 60,00,000 |
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Now that we covered the MBA jobs in USA with salary, and the MBA salary in USA, let us now look at the top recruiters for the same:
Top Recruiters for MBA in USA
Graduates from the top MBA colleges in the USA are highly sought after by recruiters around the world. A survey by the Graduate Management Council (GMAC) states that the percentage of recruiters hiring MBA graduates has significantly increased from 56% to 96% in the USA. Other countries like Europe show similar findings too. Some top recruiters offering a considerably high MBA salary in USA include:
|
Recruiter |
Average Salary per annum (in USD) |
|---|---|
|
IBM |
161,096 or INR 1,28,00,000 |
|
Mckinsey & Co. |
156,062 or INR 1,20,00,000 |
|
Bain & Co. |
156,062 or INR 1,20,00,000 |
|
JP Morgan |
142,218 or INR 1,10,00,000 |
|
Apple |
152,286 or INR 1,20,00,000 |
|
Deloitte |
237,869 or INR 1,83,00,000 |
|
Goldmann & Sachs |
123,906 or INR 95,80,000 |
|
KPMG |
96,000 or INR 75,85,000 |
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Where and How to find a job in the USA After MBA?
If you have plans to settle or live longer in the USA after completing your MBA course, you must start your preparation early. Here we bring to you some important tips to crack job opportunities after MBA in USA:
- Personal Networking: You will come across students from different parts of the world while pursuing MBA in the USA. Getting in touch with them and engaging in productive discussions about jobs and career is a great way to gather information and ideas. You may also establish close bonding with your professors for the same. Their knowledge and experience will surely be rewarding for your life and career.
- Academic Excellence: An outstanding academic history is sure to take you a long way in life. Having high scores and extensive knowledge paves the way for you to achieve the jobs of your dreams. Your scores are mostly the first thing that comes to the notice of the recruiters.
- MBA Internships: Internships play a significant role in programs like MBA, where practical experience is valuable. Internships are opportunities to know the industry of your choice and ways to become a part of it. Apart from the knowledge and experience, MBA internships in the USA enhance your personal networking too.
- Career Profiles and Job Sites: Job sites are the modern platform for you to explore, connect and collect insights about various recruiters and job roles. Create an impressive job profile and keep a check on the latest vacancies and job openings till you land into one.
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From the Desk of Yocket
The job prospect and salaries are quite high if you complete an MBA degree from the US. Though your career trajectory will depend on your skills, an average starting salary for MBA grads in the USA is $131,200(INR 1.09 cr). It not only allows a high standard of living, but also provides a high ROI and future career prospects. If you want to study MBA in a top US B-school, trust us on it.
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