Pursuing an MBA in the USA is a dream for many business students. The USA offers diverse opportunities, world-class education and high-paying jobs. The USA is the hub of global business and offers various opportunities to enhance your skills and expand your horizons. If you choose to do an MBA, you will have several opportunities. The tuition fees might be steep, but the return on investment is worth it.
MBA graduates attract the interest of multinational giants who provide great salary packages. An MBA graduate has a broad scope of employment opportunities due to the number of specialisations available within the degree. These specialisations open up avenues in sectors other than just commerce.
The average salary for an MBA graduate in the USA is INR 95,45,000. An MBA from the US can be your best path to securing a job in the country after completing a degree from a prestigious university.
Hence, moving forward, we will learn more about the salary of an MBA in the USA.
Why choose the USA?
The USA is a melting pot of people from diverse backgrounds, fostering a global perspective and enhancing intercultural skills. The USA is home to prestigious universities and a high-quality education system, providing MBA graduates with the skills and knowledge needed to excel in the competitive world. It also provides state-of-the-art facilities, cutting-edge research opportunities, and experienced faculty members.
Networking is another important element of the MBA experience in the USA. MBA programs here often include multiple networking events, guest lectures, and collaborations with local businesses, which enables you to connect with classmates, alumni and industry professionals. So you need to build these connections for secure internships, job opportunities and business partnerships.
Check Your Eligibility for 80+ Universities across the USA
Book a free counselling session and find universities where you can get an Admission!
Check Your Eligibility for 80+ Universities across the USA
Book a free counselling session and find universities where you can get an Admission!
US universities like Harvard Business School, Tuck School of Business and Sloan School of Management offer financial aid and scholarships to their students.
Countries like the USA have a strong job market, and it boasts a diverse economy with companies spanning various industries, making it an ideal place to pursue an MBA.
Average Salary for an MBA in the USA by Specialisation
An MBA degree can lead to lucrative career opportunities in the US. The average salary for MBA graduates in finance and accounting earn the highest average salaries, followed by those in strategy and consulting. The technology and healthcare industries also offer competitive salaries for MBA graduates. However, it is worth noting that salaries can vary depending on the organisation, location, and years of experience. An MBA degree can significantly increase earning potential and open doors to various career paths in the US job market.
Information Technology
The salary of an MBA graduate in the USA in IT is INR 73,92,229 annually. The IT department monitors the company’s computer infrastructure, manages network technology, and ensures IT security. They are also responsible for supervising the software platforms used by the company and ensuring employees’ compliance with data usage policies and customers’ data protection.
This table shows various job opportunities available for MBA graduates in the Information Technology sector in the USA, along with their salaries.
| Job Title | Average Salary Per Year |
| Systems Adminis | INR 60,00,000 |
| IT Manager | INR 80,00,000 |
| Senior Software Engineer | INR 80,00,000 |
Investment Banking
One of the most lucrative MBA specialisations in the USA is investment banking. This field involves helping organisations raise capital through investment, with access to the company’s financial information. Investment bankers create strategies and plans to benefit the company. The annual average salary for MBA graduates in investment banking in the USA is approximately INR 53,95,000 annually.
In this table, various job opportunities are available for MBA graduates in the investment banking sector in the USA, along with their salaries.
| Job Title | Average Salary Per Year |
| Financial Analyst | INR 40,00,000 |
| Executive Assitant | INR 60,00,000 |
| Investment Banking Analyst | INR 60,00,00 |
Finance
The finance industry is another lucrative sector for MBA graduates in the USA, offering attractive salaries. In this sector, MBA graduates evaluate a company’s financial requirements and goals and create a sound investment strategy that benefits the organisation. Big firms and companies seek financial advisors to manage and monitor their finances. On average, a finance manager with an MBA in the USA earns approximately INR 79,27,745 annually.
In this table, various job opportunities are available for MBA graduates in the finance sector in the USA, along with their salaries.
| Job Title | Average Salary Per Year |
| Senior Financial Analyst | INR 75,00,000 |
| Financial Controller | INR 80,00,000 |
| Financial Analyst | INR 50,00,000 |
Human Resources
Pursuing an MBA in Human Resources can lead to a fulfilling career. The HR department is responsible for ensuring that all human resources activities align with the laws and regulations at the local, state, and federal levels. They also oversee employee benefits and initiatives.
On average, an MBA graduate specialising in human resources earns approximately INR 55, 95,000 annually in the USA.
In this table, there are various job opportunities available for MBA graduates in the human resources sector in the USA, along with their salaries.
| Job Title | Average Salary per Year |
| Human Resource Manager | INR 70,00,000 |
| Human Resource Specialist | INR 50,00,000 |
| Human Resource Coordinator | INR 35,00,000 |
Business Analytics
The highest-paying specialisation for an MBA degree is Business Analytics, which focuses on the methodical analysis of data to arrive at sound conclusions and decisions. Business analysts are responsible for leading data-driven analysis, developing analytic models, and assisting in creating business strategies, among other duties.
In this table, there are various job opportunities available for MBA graduates in the business analytics sector in the USA, along with their salaries.
| Job Title | Average Salary per Year |
| Business Strategist Analyst | INR 60,00,000 |
| Business Application Analyst | INR 70,00,000 |
| Business & Data Analyst | INR 60,00,000 |
Top universities for pursuing an MBA in the USA:
Choosing the right university for your MBA program is a crucial decision impacting your educational experience, networking opportunities, and future career prospects. The US is home to prestigious institutions renowned for their MBA programs.
Here are some of the top universities for MBA programs in the USA:
- Harvard Business School: It is one of the most prestigious business schools worldwide. Harvard Business School provides excellent faculty, an extensive alumni network, and a tradition of producing business leaders. Harvard is a top choice if you are seeking a transformative MBA experience.
- Stanford Graduate School of Business: Stanford’s MBA stands out for its focus on entrepreneurship, innovation, and technology. It is located in the heart of Silicon Valley, giving you unmatched access to the tech and startup ecosystem.
- Wharton School, University of Pennsylvania: It is known for its comprehensive MBA program that encompasses various specialisations, from finance to marketing. It emphasises quantitative skills and a rigorous curriculum, preparing you for leadership roles.
- MIT Sloan School of Management: It is a leader in technology and innovation. It has a cutting-edge approach to business education. It will equip you with the skills needed to navigate the ever-evolving tech landscape, making it a top choice if you are interested in tech and entrepreneurship.
- Kellogg School of Management: It is located in the heart of New York City, Columbia and offers a dynamic MBA experience with vast specialisations. The university is in proximity to the financial capital of the world.
| Universities | Cost of MBA program (First Year) |
| Harvard Business School | INR 96,27,962 |
| Stanford Graduate School of Business | INR 1,05,29,412 |
| MIT Sloan School of Management | INR 68,27,279 |
| Kellogg School of Management | INR 1,35,20,926 |
| Wharton School, University of Pennsylvania | INR 1,03,63,809 |
This table includes the total year cost, including tuition, accommodation, living, food, insurance, and miscellaneous expenses.
Top Recruiters for MBA in the USA
The USA offers plenty of opportunities to you due to its diverse industries and dynamic economy. It also has some of the best organisations and companies offering you competitive salaries.
Here are some top recruiters that offer graduates in the USA higher salaries:
- McKinsey & Company: It is a global giant well-known for recruiting top MBA talent. MBA graduates here work on complex business challenges, providing valuable strategic insights to clients.
- Google: This tech company offers many roles for MBA graduates and a high salary for an MBA graduate in the USA. The roles often range from product management marketing, and business development. Google is a sought-after employer for MBAs.
- J.P Morgan: It is one of the leading financial institutions globally, J.P. Morgan recruits a lot of MBA graduates primarily for positions in investment banking, corporate finance, and strategy. The financial sector provides competitive salaries and career growth opportunities.
- Amazon: It offers opportunities for MBA graduates in operations, retail and supply chain management roles. Since it keeps expanding, MBA graduates play a vital role in shaping the company’s future.
- Microsoft: Microsoft offers a range of opportunities in areas such as technology, operations, and business development. Microsoft’s emphasis on innovation MBA graduates contributes to its growth and success.
- KPMG: One of the ‘Big Four’ accounting and professional services firms. It has a robust presence in the USA and offices across the country, even in India. KPMG recruits MBA graduates for various roles, such as management consulting, advisory, and financial services.
- Deloitte: It is also part of the ‘Big Four’ and actively recruits MBA graduates. It offers a broad range of services, including tax, consulting, audit and advisory services. It provides diverse clients with strategic, operational, financial, and technology-related consulting services.
| Top Companies | Salary of an MBA graduate (approx.) |
| McKinsey & Company | INR 1,20,00,000 |
| INR 1,67,18,008 | |
| J.P Morgan | INR 1,10,00,000 |
| Amazon | INR 1,26,24,820 |
| Microsoft | INR 1,99,08,179 |
| KPMG | INR 75,85,000 |
| Deloitte | INR 1,83,00,000 |
Reasons for High Salary For MBAs in the USA
There is a high demand for management professionals due to the rapid expansion of organisations and industries. With this expansion comes the need for experts in managerial fields who can guide effectively. This is where your MBA graduates come in, as they have the rigorous teaching and professionalism necessary to meet these demands.
Additionally, MBA programs, particularly those offered by top business schools, focus on creating leaders. Leadership abilities are honed through rigorous practice and teaching, resulting in MBAs with sound leadership skills suitable for managerial roles at every level of every organization.
Finally, MBAs possess versatility, which makes them ideal candidates. Graduates are not just taught about business and administration but also specialize in fields, have various organizational skills and are experts at what they do. With a highly varied skill set developed through consistent tests and assignments during the MBA program, MBA graduates are the preferred choice for organizations seeking management professionals.
Future Opportunities in the USA
The United States provides many opportunities for MBA graduates, which continue to grow as the economy evolves. As an MBA professional, you can explore promising prospects with tech management, data analytics, and IT strategy roles in the thriving tech industry. In the healthcare sector, you can take up leadership positions in healthcare, administration and management, thanks to the evolving healthcare systems and practices.
Additionally, there are emerging opportunities for you in sustainability and environmental management roles, given the growing concerns about sustainable business practices. Management consulting firms value MBA graduates for their problem-solving and business acumen skills.
Lastly, you can leverage the dynamic entrepreneurial ecosystem in the USA to launch their startups or work with new ventures. These diverse opportunities create a promising landscape for you as an MBA professional in the United States.
Wrapping Up
Many business students worldwide dream of pursuing an MBA in the USA. It’s an excellent choice because of its varied opportunities, top-notch education, and high-paying jobs. An MBA provides plenty of specialisation options and promises a good return on investment. Big companies in the USA highly seek MBA graduates who can earn an average salary of around INR 79,22,350.
In this blog, we learned more about the average salary an MBA graduate can earn in different sectors the best universities in the USA for MBA programs. We introduced you to top recruiters looking for MBA talent. We’ll also discuss the exciting future opportunities available to MBA graduates in the ever-evolving business landscape.
Also Read: Top Reasons to Study MBA in USA in 2023
Executive MBA in USA: Top Universities, Fees, Eligibility, Opportunity
Frequently Asked Questions
-
Q. Which MBA has the highest Salary?
A. Regarding MBA salaries in the US, there are several factors to consider, such as the school you attend, industry, and location. However, on average, specialisations such as finance, consulting, and technology tend to offer some of the highest salaries.
-
Q. What is the MBA salary per month?
A. MBA salaries in the US can vary widely, approximately INR 7,47,000 per month, depending on your job, location, and experience.
-
Q. What is the average salary of an MBA after 10 years in the US?
A. After ten years of completing an MBA in the US, the average salary for graduates is around INR 83,00,000 to INR 1,24,50,000 per year, depending on their field and career progression.
-
Q. Who earns more in the USA, MBBS or MS?
A. MBA graduates tend to earn higher salaries than those with a Master of Science (MS) degree in the US due to the wider range of job opportunities and leadership roles that an MBA can provide.
-
Q. What is the salary of an MBA in India and the USA?
A. In India, MBA salaries are considerably lower than in the US, with an average salary range of INR 7,34,000 TO INR 12,45,000 annually. In contrast, salaries are typically much higher in the US, starting at INR 66,40,000 or more annually.
-
Q. Is it easy to get a job after an MBA in the USA?
A. After completing an MBA in the US, finding a job in India may be challenging due to differences in job markets and salary expectations. However, multinational companies may value an international MBA degree.
-
Q. Which is better for an MBA, India or the USA?
A. While finding a job after completing an MBA in the US can be competitive, networking, internships, and career services the school provides can increase your chances of success.
-
Q. Is a US MBA worth it for Indian Students?
A. The decision to pursue an MBA in India or the US depends on your career goals and financial resources. While the US offers broader opportunities and higher salaries, it is also more expensive.
-
Q. Is an MBA in the USA difficult?
A. The difficulty of pursuing an MBA in the USA depends on your career aspirations and financial situation. While it can provide access to global opportunities, it also comes with a higher cost.
-
Q. Is an MBA in the USA difficult?
A. MBA programs in the US can be challenging due to the rigorous curriculum and competitive environment. Success depends on your dedication and ability to adapt.
-
Q. Can I settle in the USA after my MBA in India?
A. You can pursue an MBA in India and then move to the US. However, securing work authorisation in the US may be more challenging. Therefore, many students do their MBA directly in the US for better opportunities.
-
Q. What percentage is required for an MBA in the USA?
A. Admissions to MBA programs in the US are not solely based on percentage requirements. Factors such as academic background, test scores, work experience, and other criteria are considered. However, meeting a school’s minimum requirements is essential.
