How Much Do Business Master’s Graduates Earn?
Are you ready to charge your career and earn a premium salary with a business master’s degree?
Launching your career with a business master’s degree is a smart move for several important reasons, including the ability to begin your career with a higher starting salary. And while earning more out of the gate obviously has an immediate payoff, the long-term positive impact is far greater. Research has shown that the first ten years of your career have a very strong impact on your future earning potential, meaning those who earn more early in their professional lives are likely to earn more in cumulative earnings over the course of their career.
How much do business master’s graduates earn? New findings from GMAC’s 2018 Corporate Recruiters Survey show that companies in the United States will offer a median starting base salary of US$95,000 to Master of Data Analytics graduates and US$85,000 to graduates of Master in Management, Master of Finance, Master of Information Technology, and Master of Supply Chain Management programs. Master of Accounting and Master of Marketing graduates will be offered a median of US$75,000.
These median starting salary levels represent a 15 to 46 percent premium over the starting salary level the same companies say they will offer new hires who recently earned their bachelor’s degree (US$65,000).
The 2018 Corporate Recruiters Survey was conducted in February and March 2018 in association with career services offices at 96 participating graduate business schools worldwide. Analysis is based on responses from 1,066 employers in 42 countries worldwide who work directly with participating business schools.
Are you ready to launch your career and earn a premium salary with a business master’s degree? Take your career to the next level by exploring the programs at more than 1,600 business schools using the Program Finder and book your testing date for the GMAT exam—the most widely used assessment for MBA admissions for more than 60 years.