MBA Pay Through the Years

This interactive table shows 45 top-ranked full-time MBA programs—BusinessWeek's 30 Best B-Schools of 2008 plus 15 additional second-tier schools. For each school, the median cash compensation for MBA graduates is shown at five points in their careers: at graduation and after 5 years, 10 years, 15 years, and 20 years. An estimate of earnings over the entire 20-year period is also supplied. By clicking on any column header you can reorder the ranking to search for the schools that meet your criteria, such as those with the highest-paid grads five years after graduation, or the one school where grads' median pay exceeded $200,000 after 10 years. The choice is up to you.

Methodology

Click column heading once to reorder from highest to lowest. Click twice to reorder from lowest to highest.
BusinessWeek
Ranking
Career
Pay Rank
Business School
Starting Pay ($)
5 Years ($)
10 Years ($)
15 Years ($)
20 Years ($)
Estimated Career Pay ($)
1 9 Chicago (Booth)110,000116,000137,000167,000171,0002,939,060
2 1 Harvard134,000150,000184,000227,000230,0003,889,880
3 6 Northwestern (Kellogg)117,000118,000140,000177,000186,0003,078,850
4 2 Pennsylvania (Wharton)145,000142,000161,000196,000205,0003,541,110
5 22 Michigan (Ross)109,000105,000116,000135,000140,0002,525,280
6 4 Stanford128,000139,000148,000179,000202,0003,315,940
7 3 Columbia118,000135,000167,000186,000193,0003,368,440
8 12 Duke (Fuqua)108,000110,000130,000166,000173,0002,868,020
9 7 MIT (Sloan)123,000127,000138,000166,000176,0003,049,280
10 8 UC-Berkeley (Haas)112,000119,000133,000163,000184,0002,958,750
11 13 Cornell (Johnson)104,000102,000140,000168,000170,0002,865,130
12 5 Dartmouth (Tuck)134,000127,000140,000177,000188,0003,181,610
13 10 NYU (Stern)107,000112,000136,000171,000170,0002,920,840
14 14 UCLA (Anderson)102,000108,000133,000164,000167,0002,827,160
15 38 Indiana (Kelley)79,60084,400100,000121,000134,0002,164,500
16 11 Virginia (Darden)113,000112,000138,000162,000170,0002,905,130
17 17 North Carolina (Kenan-Flagler)93,60098,800124,000150,000162,0002,626,050
18 31 Southern Methodist (Cox)76,60081,700103,000132,000140,0002,228,130
19 16 Carnegie Mellon (Tepper)106,000110,000120,000142,000154,0002,637,720
20 23 Notre Dame (Mendoza)84,00092,600125,000141,000154,0002,501,550
21 18 Texas-Austin (McCombs)95,80097,900116,000151,000157,0002,577,870
22 34 Brigham Young (Marriott)79,70086,70097,700124,000141,0002,199,960
23 19 Emory (Goizueta)89,50096,700114,000149,000168,0002,564,980
24 15 Yale110,000118,000138,000146,000150,0002,788,300
25 25 USC (Marshall)88,20095,300113,000141,000148,0002,451,060
26 28 Maryland (Smith)79,60090,000106,000140,000142,0002,339,450
27 33 U. of Washington (Foster)77,50093,200106,000120,000125,0002,200,910
28 32 Washington University (Olin)78,40086,000104,000123,000139,0002,213,490
29 30 Georgia Tech70,80082,500100,000137,000149,0002,249,780
30 21 Vanderbilt (Owen)83,80093,400122,000150,000157,0002,543,490
Second Tier20 Georgetown (McDonough)88,70093,800117,000153,000160,0002,558,950
Second Tier26 Thunderbird)75,30087,500112,000140,000142,0002,343,740
Second Tier24 Babson (Olin)85,30091,400120,000139,000150,0002,453,170
Second Tier27 UC-Irvine (Merage)77,60086,400115,000137,000140,0002,339,590
Second Tier29 Rochester (Simon)79,40086,800118,000134,000135,0002,332,290
Second Tier35 Minnestoa (Carlson)86,70085,200100,000122,000134,0002,194,940
Second Tier41 Connecticut65,00078,600102,000126,000130,0002,112,450
Second Tier37 Boston U.73,50081,700110,000125,000124,0002,171,520
Second Tier40 Michigan State (Broad)76,60081,30095,700123,000130,0002,115,860
Second Tier39 Purdue (Krannert)74,00085,700107,000118,000128,0002,156,170
Second Tier42 George Washington67,60075,30096,300123,000136,0002,078,270
Second Tier36 Ohio State (Fisher)71,10079,800104,000127,000139,0002,179,070
Second Tier43 Illinois-Urbana Champaign72,70077,00096,300121,000124,0002,057,490
Second Tier44 Arizona State (Carey)72,20080,00095,600112,000124,0002,023,640
Second Tier45 Iowa (Tippie)67,40071,60093,700107,000108,0001,884,510

Methodology Note: The salary data in this table were supplied by PayScale, which collects salary data from individuals through online pay comparison tools. For each school, PayScale tallied the median cash compensation—including base pay and bonuses, but excluding stock and options—for MBA graduates at five points in their careers. The data are based on a sample of 80,000 MBA graduates, including approximately 250 to 1,000 graduates for each of the schools in the table. BusinessWeek then used the salary data and average annual growth rates over each five-year span to calculate a very rough estimate of earnings over the entire 20-year period, labeled here as "Estimated Career Pay."

Data: PayScale

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