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| Rank |
Business School |
Pre MBA
Salaries* |
Median Total
Pay Package |
Percent
Increase |
| 1 |
U. of Pennsylvania (Wharton) |
$60,000 |
$156,000 |
160% |
| 2 |
Northwestern (Kellogg) |
$56,000 |
$142,000 |
154% |
| 3 |
Stanford |
$65,000 |
$165,500 |
155% |
| 4 |
Harvard |
$65,000 |
$160,000 |
146% |
| 5 |
Columbia |
$50,000 |
$142,500 |
185% |
| 6 |
Duke (Fuqua) |
$49,000 |
$128,500 |
162% |
| 7 |
MIT (Sloan) |
$55,000 |
$149,000 |
171% |
| 8 |
Chicago |
$55,000 |
$140,000 |
155% |
| 9 |
Cornell (Johnson) |
$50,000 |
$135,000 |
170% |
| 10 |
Dartmouth (Tuck) |
$50,000 |
$149,500 |
199% |
| 11 |
Michigan |
$50,000 |
$131,000 |
162% |
| 12 |
NYU (Stern) |
$45,000 |
$140,000 |
211% |
| 13 |
UC -- Berkeley (Haas) |
$50,000 |
$135,000 |
170% |
| 14 |
Virginia (Darden) |
$50,000 |
$135,000 |
170% |
| 15 |
Yale |
$45,000 |
$130,000 |
189% |
| 16 |
UCLA (Anderson) |
$55,000 |
$136,500 |
148% |
| 17 |
Carnegie Mellon |
$45,000 |
$125,000 |
178% |
| 18 |
UNC -- Chapel Hill |
$48,000 |
$125,000 |
160% |
| 19 |
Texas -- Austin (McCombs) |
$45,000 |
$107,000 |
138% |
| 20 |
Indiana (Kelley) |
$42,000 |
$114,000 |
171% |
| 21 |
USC (Marshall) |
$45,000 |
$112,000 |
149% |
| 22 |
Purdue (Krannert) |
$35,000 |
$101,500 |
190% |
| 23 |
Rochester (Simon) |
$40,000 |
$110,000 |
175% |
| 24 |
Georgetown
(McDonough) |
$45,000 |
$116,000 |
158% |
| 25 |
Washington U. (Olin) |
$42,000 |
$109,000 |
160% |
The average salary increases shown above range from 138% at UT
Austin to 211% at NYU (Stern). Not a bad return at all!
Before you take this table too seriously, we want to clearly state that these
numbers are simply averages. If you decide upon graduation that you would
like to work for a small start up with a nice (longer-term) options package (we concede those
days are probably gone until the business cycle comes full circle again) or if
you decide to work for a large Fortune 500 with good job benefits and security,
then you are NOT going to make the these 6 figure salaries your first year out
of your MBA program.
* Pre MBA salaries are estimates as certain MBA programs do not collect this information from their incoming students.
Those schools that do report these salaries use self-reported information anyway
and, hence, may not be slightly inflated.
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