US business schools are producing the best-paid MBA grads, with the UK and France leading the way in Europe, according to latest salaries study
MBA graduates from MIT Sloan School of Management are the best-paid in the world, according to a new study by salary comparison website Emolument.MBA students at MIT Sloan can expect to earn an average annual salary of $286,000 including bonuses after graduation; over $30,000 more than the world’s second-best paid MBAs at Harvard Business School.
The Emolument study—based on a survey of nearly 11,000 MBA-qualified professionals—revealed how US business schools lead the way when it comes to post-MBA salaries, with 11 out of the top-20 best schools for alumni salaries in the US.
East coast US schools had a strong showing in the ranking, with a total of eight schools in the top 20, including Duke Fuqua, NYU Stern, and Wharton.
Three UK schools made it into the table: Cambridge University’s Judge Business School, London Business School, and the University of Oxford’s Saïd Business School, the second-strongest showing by a single country outside of the US.
Undoubtedly, a factor in US schools’ dominance of the table is the pay premium attached to working in the US, where salaries and bonuses have traditionally been greater than in Europe. This is particularly true in competitive industries like technology and financial services, which have hubs in California and New York.
Emolument’s study doesn’t account for the gender of the survey respondents, which a recent study by the Financial Times proves could have a big effect on pay after graduation.
Nor does Emolument publicize the nationalities of its survey respondents. While the US does have traditionally higher pay than elsewhere in the world, it also has greater barriers to entry for non-US citizens, and many US schools with the best-paid MBA graduates have a relatively low percentage of international students.
In other words, if you’re a prospective MBA student from outside of the US, you may have a greater chance of starting a new career and earning more if you choose a business school outside the US. MBA graduates from top-ranked INSEAD—which has campuses in France, Asia, and the Middle East—earn $185,000 including bonuses, according to Emolument.
Prospective MBAs should therefore be wary of using Emolument’s data alone as a template for their own applications. Thomas Drewry, co-founder of Emolument, suggests that there’s more to an MBA than a higher salary post-graduation.
“With an MBA also comes the less measurable but real benefit of being part of an exclusive network of high-achieving professionals, which comes in handy when looking for a top job or finding the perfect co-founder for an ambitious start up,” he says.
“Still, while MBAs represent a substantial cost for professionals, their impact on one's earning potential and career is undeniable.”
Student Reviews
Duke University Fuqua School of Business
Supportive atmosphere
The professors at Duke university exhibit exceptional commitment to the success and well-being of their students by ensuring their academic growth and fostering a supportive social atmosphere. Moreover, the entire community is recognized for its amicability and inclusiveness.
Diversity
The people or the students are without a doubt Duke's greatest asset. While all students are driven to succeed, they are also enthusiastic about a variety of hobbies. You run across a huge lot of diversity. It is the ideal example of a school with well-rounded students and the ideal balance of campus life in a metropolis.
Happy to school
All I could ever hope for is Duke University. That really epitomizes the "work hard, play hard" philosophy that elite colleges frequently pursue. Even though you'll have a lot of schooling to complete over the week, it's simple to keep focused because all of your friends are putting in similar amounts of effort. Many events taking place on and around campus on the weekends provide a great way to unwind. The combination of demanding academics and traditional college fun strikes the perfect balance.
Good schooling
Living, eating, learning, and developing who you want to be as an adult are all fantastic at Duke. I participated in student athletics, and I couldn't have asked for a better interaction with the faculty and other students. I appreciate all of the help I get from the Duke community more than anything. Furthermore, the teachers take the time to get to know you, and the lectures are diverse and demanding (if you do the same). I'd give it a 10 out of 10.
Beautiful School, Nice Classes
DU remains one the greatest and best universities that I have ever stepped in. The school is beautiful and neat. The classes are spacious and also very nice. I enjoyed attending my Lectures in those lecture halls. I also loved the Lecturers because of the good work they did. The university also has very good dorms that are given to students on first come first serve basis and they are affordable
Amazing experience
I received my B.S. in Biology and B.A. in Global Health with a minor in Chemistry from Duke University. I was able to grow as a student, scientist, and global health advocate with the help of my friends, professors, and other mentors I met along the way. A lot to learn if you look and ask, a great place to learn for those who want to learn.
whirlwind of growth and change
An amazing 2 years, with covid and everything else happening Duke has been a place of growth for me. The courses , classes were one of a kind, online and on campus. But the valuable lessons learned in the classes are irreplicable. The students are amazing here, so much diversity , I had no problem fitting in. The teachers are down right brilliant and so helpful. Don't be afraid to ask them anything. Graduated with my MBA with Duke and now my future awaits.
One of the best for Business students
Graduated with an MBA. The classes were very insightful and engaging. The staff are very easy to deal with. The teachers and students, are truly amazing people. Grateful to all the people I've met along the way at Duke. I've learnt a great deal that will help me in my future endeavors. The campus itself is a marvel, it is beautiful.
The university campus is awesome
I graduated with a masters degree in Religious Studies from Duke University. One thing I really liked about the university is its huge campus. It is spread in a large area with a lot of greenery and also have the facilities of reading rooms for single person also. My department building was very well taken care of. The library is immensely populated with books for all your needs. The faculty is very nice to students. The classes are equipped with latest technology to cater the needs of students. The University also provides room rentals for international students. They are very well maintained and priority is given to the International students for a comfortable stay there. There are weekly events conducted by the University as well as Student clubs for the entertainment of students. Anybody can take part in them and show their talents. I enjoyed my degree and I graduated in 2021 and was very happy that I had graduated from a reputed University.
Program Flexibility and Vibrant Campus Life
Duke University is renowned for its rigorous academic programs and vibrant campus life. The university offers a diverse range of majors and research opportunities, supported by world-class faculty.
What I particularly liked about Duke was its strong sense of community and the wealth of extracurricular activities available to students. The campus is beautiful, with top-notch facilities and a supportive atmosphere that fosters both personal and academic growth.
Overall, I would highly recommend Duke University for its excellent educational offerings and strong alumni network. If you're looking for a place that challenges you academically while offering numerous opportunities for personal development, Duke is an excellent choice.
