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Starting Salary

The primary reason for getting an MBA degree is to enhance one's career opportunities and future income. Students from the best MBA programs command the highest salaries when they graduate, but starting salaries depend on many other factors. When an MBA graduate receives a salary in excess of $120,000, it may be because that individual is a physician, attorney, or a 30-year-old stock analyst who earned more than $100,000 before receiving the MBA degree. Students with less work experience typically receive lower offers than those with a lot of experience. Starting salaries also vary by field or concentration. Students concentrating in finance or accounting may command higher starting salaries than those who choose general management or marketing as their concentration. Finally, there is considerable variation in salaries by geographic region, students' grades, and the state of the economy at graduation time.

Ranking Criteria  
Regions:  All Regions Programs:  Full time
Accelerated (18 months or less)
Ranking Weights: 
Median salary of graduates:100
Top 40 Programs (out of 212)
As of 1 January 2013
Rank   University Program Median Salary
1 INSEAD - France MBA (1 year, Full-time students, Daytime classes) $134,600
2 London Business School - United Kingdom Masters in Finance - Full time (1 year, Full-time students, Daytime classes) $120,000
3 Stanford University - United States Full Time (2 years, Full-time students, Daytime classes) $115,000
4 McGill University - Canada MBA full-time (2 years, Full-time students, Daytime classes) $112,000
5 MIT - Massachusetts Institute of Technology - United States Full Time, 2 year MBA (2 years, Full-time students, Daytime classes) $111,000
6 Dartmouth College - United States Full-time MBA (2 years, Full-time students, Daytime classes) $107,406
7 Chicago (University of) - United States Full-Time MBA Program (-21 months, Full-time students, Daytime classes) $104,000
8 London Business School - United Kingdom Full-time (-1 months, Full-time students, Daytime classes) $103,541
9 Oxford (University of) - United Kingdom Oxford MBA (1 year, Full-time students, Daytime classes) $103,200
10 Minnesota (University of) - United States Full-Time (2 years, Full-time students, Daytime classes) $100,843
11 New York University - United States Full-Time (2 years, Full-time students, Daytime classes) $100,190
12 Cornell University - United States Accelerated MBA (1 year, Full-time students, Daytime classes) $100,004
13 Chicago (University of) - United States International MBA Program (21 months, Full-time students, Daytime classes) $100,000
13 University College Dublin - Ireland Full-Time One-Year MBA (1 year, Full-time students, Daytime classes) $100,000
15 IE Business School - Spain International MBA (1 year, Full-time students, Daytime classes) $98,700
16 Boston College - United States Full-Time (2 years, Full-time students, Daytime classes) $98,298
17 Melbourne (University of) - Australia Full-Time (3 years, Full-time students, Daytime classes) $97,000
17 Melbourne Business School - Australia (16 months, Full-time students, Daytime classes) $97,000
19 New South Wales (University of) - Australia AGSM MBA (16 months, Full-time students, Daytime classes) $96,440
20 California - Los Angeles - UCLA (University of) - United States Full-Time (2 years, Full-time students, Daytime classes) $96,000
20 Cornell University - United States Two Year MBA (2 years, Full-time students, Daytime classes) $96,000
22 Connecticut (University of) - United States Full-Time (2 years, Full-time students, Daytime classes) $95,000
22 Michigan (University of) - United States Full-Time (20 months, Full-time students, Daytime classes) $95,000
22 Southern California (University of) - United States IBEAR MBA Program (1 year, Full-time students, Daytime classes) $95,000
22 Texas - Austin (University of) - United States Texas MBA - full-time (2 years, Full-time students, Daytime classes) $95,000
26 Georgia Institute of Technology - United States Full-time MBA (2 years, Full-time students, Daytime classes) $93,400
27 North Carolina - Chapel Hill (University of) - United States Full-Time (2 years, Full-time students, Daytime classes) $92,505
28 Notre Dame (University of) - United States Two-Year MBA (2 years, Full-time students, Daytime classes) $92,500
28 Notre Dame (University of) - United States One-Year MBA (1 year, Full-time students, Daytime classes) $92,500
30 Arizona State University - United States W. P. Carey Full-time MBA (2 years, Full-time students, Daytime classes) $92,116
31 Indiana University - United States Full-Time (2 years, Full-time students, Daytime classes) $92,000
32 California - Davis (University of) - United States Daytime MBA (21 months, Full-time students, Daytime classes) $91,872
33 Tulane University - United States Full-Time (2 years, Full-time students, Daytime classes) $91,000
34 EADA - Spain International MBA (1 year, Full-time students, Daytime classes) $90,881
35 California Polytechnic University - San Luis Obispo - United States Full-Time (1 year, Full-time students, Daytime classes) $90,000
35 California Polytechnic University - San Luis Obispo - United States Accelerated (10 months, Full-time students, Daytime classes) $90,000
35 Western Ontario (University of) - Canada Full-Time (1 year, Full-time students, Daytime classes) $90,000
38 Purdue University - United States Full-Time (2 years, Full-time students, Daytime classes) $89,000
38 York University - Canada Full Time (16 months, Full-time students, Daytime classes) $89,000
40 Vanderbilt University - United States Full-Time (2 years, Full-time students, Daytime classes) $88,000
40 Washington University - St. Louis - United States Full-Time (2 years, Full-time students, Daytime classes) $88,000