Considering the amount an average MBA student invests in their degree, it’s hardly surprising that post-MBA salary is a big focus for prospective students.
Nearly a fifth of students identify a ‘return on investment’ as an important factor when choosing schools.
Students need the promise of a post-MBA salary spike to pay off tuition fees alone, which pack a hefty punch.
Take the Harvard Business School MBA, fetching tuition costs of over $145,000, or NYU: Stern’s MBA, which costs more than $140,000. The story is the same in Europe, with HEC Paris MBA tuition fees hitting nearly $80,000, and IESE Business School charging over $95,000. China Europe International Business School’s (CEIBS) MBA tuition fee, though less than their European and American peers at just over $63,000, is still pretty punchy.
The opportunity to earn is out there though, and, as the Financial Times published their most recent Global MBA Ranking for 2019, we’ve profiled the world’s top 20 business schools with the highest MBA salaries for 2019.*
Unsurprisingly, the US dominates the rankings, producing 13 out of the top 20; Asian business schools, though, are certainly on the rise.
Saïd Business School, University of Oxford, UK
As the business school of one of the UK’s most prestigious universities, Saïd Business School has been shooting up the rankings, rising 20 places overall in the past three years.
While leaving behind Oxford’s beautiful historic faculty might be difficult, MBA graduates have gone on to earn an average of $161,443 a year, with famous alumni including bitcoin entrepreneurs Cameron and Tyler Winklevoss.
Johnson Graduate School of Management, Cornell University, USA
The attractive post-degree salary for outgoing students at Johnson is one of many factors that draw people to the New York-based Cornell. Students on average see a 112% salary increase after their degree, earning a comfortable $162,417 a year.
Anderson School of Management, UCLA, USA
Sun, sea, and salary are the big draws to UCLA’s Anderson School of Management, where graduates can expect to earn an average of $162,985 a year. UCLA has been a strong feeder for high tech companies, including alumnus and YouTube CEO Susan Wojcicki.