| Updated On - Nov 12, 2024
The USA is a major destination for MBA graduates, offering high-paying job opportunities across various industries. MBA graduates in USA commonly secure employment in sectors like Consulting, Technology, Healthcare, Retail, Supply Chain, Finance and Investment Banking, among others. The average annual salary for MBA graduates in the USA is around $90,000 (75.96 lakhs INR), with some roles offering higher earnings.
Graduates from top b-schools in USA often receive offers with total compensation packages reaching upwards of $200,000 (1.68 crores INR). This includes various bonuses like signing bonus, guaranteed bonus and performance bonus. The signing bonus is paid only once at the time of joining and ranges around $30,000 (25.32 lakhs INR). The top employers hiring MBA graduates in USA include Google, Meta, Amazon, Bank of America, Citi, Morgan Stanley, Goldman Sachs & Company, JPMorgan Chase & Co. among several others. Check out the average salary growth rate of MBA graduates in USA:
MBA Jobs in USA by University
Attending an MBA in USA at a top ranked university can substantially impact the salary potential of Indian students. The following table lists some popular MBA universities in USA, known for high starting salaries, bonuses, and their respective top recruiters:
| University | Median Base Salary (USD) | Average Bonus (USD) | Top Employers |
|---|---|---|---|
| Stanford University | $175,000 | $30,000 | Google, Amazon, Meta, NVIDIA, Bank of America |
| University of Pennsylvania | $175,000 | Signing Bonus: $30,000 | Guaranteed Bonus: $30,000 | Google, IBM, Spotify, Pfizer, EY-Parthenon, Citi, Deloitte, Duolingo, Apple, Bain & Company, Barclays, Bank of America, Airbnb, Ford Motor Company, Goldman Sachs & Company, JPMorgan Chase & Co., Johnson & Johnson, Samsung |
| University of Chicago | $175,000 | $33,000 | Google, Deloitte, Facebook, Amazon, McKinsey, The Boston Consulting Group, Bain, Goldman Sachs |
| Dartmouth College | $175,000 | $30,000 | Amazon, Barclays, Google, Morgan Stanley, JPMorgan Chase, Goldman Sachs, Deloitte, Bain & Company, McKinsey & Company, BCG |
| Harvard University | $175,000 | Signing Bonus: $30,000 | Google, Meta, Microsoft, IBM, JPMorgan Chase & Co., Adobe, Adidas, Amazon, Apple. Inc, BOI, Bain & Company, Capital One, Cisco, Deloitte, Duolingo, eBay, EY Parthenon, Ford Motor Company, L'Oreal |
| Columbia University | $159,540 | $30,000 approx. | Google, Apple, Amazon, TCS, Microsoft, Meta, KPMG, Capital One, johnson & Johnson, IBM, Tesla, Unilever, Uber, Pepsico, PayPal, VISA, Bank of America, Barclays, Deutsche Bank, Deloitte, Citi |
| Massachusetts Institute of Technology | $170,000 | $30,000 | Adobe, Apple, Google, Bain & Company, Nike, Samsung, IBM, Verizon, EY Parthenon, Capital One, Bank of America, PwC, Morgan Stanley |
| New York University | $175,000 | $35,000 | Bain & Company, EY, Deloitte, McKinsey & Company, PwC, Samsung Global Strategy Group, Cognizant Consulting |
| University of Virginia | $167,899 | $37,588 | Amazon, Bain & Company, BCG, EY Parthenon, JPMorgan Chase & Co., McKinsey & Company, Strategy& (Strategy& PwC) |
| Northwestern University | $175,000 | $30,000 | Goldman Sachs, Morgan Stanley, Citi, Capital One, American Express, HIG, Partners Group, Alpine Investors, IFM Investors, FFL Partners, Bain Capital and Carlyle Group Japan |
You can get various bonuses in addition to the base salary after MBA in USA. The most common types of bonuses in various MBA jobs in USA are as follows:
- Signing Bonuses: Provided as a one-time incentive to join the company. Common in consulting and finance sectors.
- Performance Bonuses: Given based on annual performance. Often seen in banking and consulting roles.
- Guaranteed Bonuses: Fixed bonuses for the first year or initial employment period. Common in competitive sectors.
Read More: What After Study in USA?
MBA Jobs and Salaries in USA
A range of the industries in USA offer 6-figure starting salaries to MBA graduates. Each industry has its unique set of job roles and career growth potential. Below is a breakdown of common MBA roles in USA with salary ranges:
| Job Title | Average Annual Salary (USD) | Annual Salary Range (USD) |
|---|---|---|
| HR Generalist | $64,100 | $52,000 - $80,000 |
| Financial Analyst | $71,101 | $55,000 - $96,000 |
| HR Manager | $72,219 | $51,000 - $101,000 |
| Senior Financial Analyst | $93,480 | $76,000 - $113,000 |
| Financial Controller | $100,660 | $69,000 - $143,000 |
| Director of Operations | $119,922 | $75,000 - $186,000 |
| Chief Financial Officer | $160,311 | $101,000 - $249,000 |
MBA Jobs in USA by Top Employers
USA is home to various companies in banking, technology, healthcare, manufacturing and other fields, employing MBA graduates. These top employers in the USA offer competitive salaries to MBA graduates. Here is a list of some top employers and their respective average annual salaries for MBA graduates in USA:
| Employer | Average Annual Salary (USD) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Bank of America Corp. | $75,000 | 63.30 lakhs |
| Lockheed Martin Corp. | $85,570 | 72.22 lakhs |
| JP Morgan Chase & Co. | $89,392 | 75.44 lakhs |
| Amazon.com Inc | $89,671 | 75.68 lakhs |
| Northrop Grumman Corp. | $92,432 | 78.01 lakhs |
| Cisco Systems Inc | $93,500 | 78.91 lakhs |
| SAP America | $96,000 | 81.02 lakhs |
| UnitedHealth Group | $96,400 | 81.36 lakhs |
| Stryker Corp. | $102,000 | 86.08 lakhs |
| Paypal, Inc | $112,500 | 94.95 lakhs |
| Citigroup, Inc | $130,000 | 1.09 lakhs |
Also Check: High Paying Jobs in USA
The USA offers extensive career opportunities for MBA graduates. Universities with strong business programs, such as Stanford, Harvard, NYU and some others further enhance earning potential. Graduates of these universities can secure positions with top employers like Google, Amazon, and Bank of America.
Indian students aiming to enroll to such top MBA colleges in USA stand a high chance of securing well-paying jobs across world-renowned companies. These opportunities to achieve both professional growth and substantial financial rewards in the global marketplace makes USA an ideal MBA destination for Indians.
FAQs
Ques. What is the average salary after MBA in USA?
Ans. The average annual salary for MBA graduates in the USA is approximately $90,000 (about 75.96 lakhs INR). The salary widely varies based on employer, location, and positions across various industries.
Ques. How much is the total compensation package after MBA in USA?
Ans. The total compensation in USA after MBA courses are university-specific. However, students graduating from the top-ranked universities in USA stand a chance to earn a one-time signing bonus of around $30,000 (25.32 lakhs INR). Besides, you can get guaranteed bonus and/or performance bonus of variable amounts.
Ques. Which industries hire MBA graduates in USA with 6-figure salaries?
Ans. Industries offering six-figure starting salaries for MBA graduates include consulting, technology, healthcare, retail, supply chain, finance, and investment banking. HR Generalist ($64,100), Financial Analyst ($71,101), and HR Manager ($72,219) are some of the commonly pursued entry level roles pursued by the MBA graduates in these industries.
Ques. Who are the top employers of MBA graduates in the USA?
Ans. Top employers for MBA graduates in the USA include Google, Amazon, Meta, Bank of America, Citi, Morgan Stanley, Goldman Sachs, and JPMorgan Chase & Co., among others. The average starting salary across these companies vary between $75,000 (63.29 lakhs INR) and $130,000 (1.09 crores INR) per year.
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