More MBA Earning Potential Statistics

MBA by the Numbers
Beta Gamma Sigma takes a look at MBA statistics

MBA and Salary Expectations
Of the many questions potential MBA students will likely ask themselves, one of the most important focuses on the financial rewards of earning the degree. Because of the significant
costs – financial, family, time, etc. – individuals often wonder, “Is the MBA really worth it?”

To address that concern, one need look no further than the difference between pre- and post-MBA salaries. A 2004 study conducted by the Graduate Management Admission Council (GMAC) found that, on average, MBA recipients realized a 35 percent increase in their annual base salary.

Furthermore, half of all survey respondents reported that they expected to receive a signing bonus with their first post-MBA job offer. The mean bonus expected from these respondents was $12,421. Of those respondents who had already received and accepted a job offer, the average signing bonus was even higher at $14,801.








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Previous Work Experience
Individuals with significant previous full-time employment typically see higher salaries after receiving their MBAs. Across the board, previous time in the workplace combined with an advanced degree in business equals greater base salaries and larger signing bonuses.

While graduates with less than three years of work experience can anticipate the greatest change in salary – a 58 percent increase on average – graduates with three to six years in the workforce can expect the largest pay boost with an average increase of $22,676.