Salary and Signing Bonus at Top 30 MBA Programs in 2022

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Salaries and Signing Bonuses

Salary and signing bonus data – we’re going to present this without a ton of editorializing but want to point out that salaries tend to be higher at higher- ranked schools, likely because the mix of jobs that students take is more weighted to high-paying jobs like consulting and financial services / banking.

FIGURE 19.2: SALARY AND SIGNING BONUS AT TOP 30 MBA PROGRAMS (CLASS OF 2020)

  Salary  
Stanford GSB   $156,000 $26,500
MIT Sloan   $150,000 N/A
Wharton (UPenn)   $150,000 N/A
Chicago Booth   $150,000 $30,000
NYU Stern   $150,000 $30,000
Columbia Business School   $150,000 $30,300
Dartmouth Tuck   $150,000 $30,000
Harvard Business School   $150,000 $30,000
Northwestern Kellogg   $144,000 $30,000
UVA Darden   $143,000 $30,000
Berkeley Haas   $140,000 N/A
Yale SOM   $140,000 $30,000
Cornell Johnson   $138,767* $36,391*
CMU Tepper   $136,000 $30,000
Duke Fuqua   $135,935* $35,032*
Michigan Ross   $135,000 $30,000
Arizona State Carey   $134,955* N/A
USC Marshall   $130,000 $30,000
UCLA Anderson   $130,000 $30,000
Georgetown McDonough   $128,162* $34,707*
Washington Foster   $125,645* N/A
Emory Goizueta   $125,000 N/A
UT McCombs   $125,000 $30,000
UNC Kenan-Flagler   $125,000 $26,000
Rice Jones   $125,000 N/A
Vanderbilt Owen   $125,000 $25,000
Georgia Tech Scheller   $121,045* $25,040*
Indiana Kelley   $119,000 $25,000
Minnesota Carlson   $116,995* $27,967*
UF Warrington   $110,000 $20,000

 

School Name                       Median

Median Signing Bonus

* = Denotes mean salary or signing bonus

 

Locations of Accepted Jobs

For the most part, most schools’ graduates end up in the same region as their MBA program (two notable exceptions are Northwestern Kellogg and CMU Tepper, which send the largest percentage of students to the West Coast). But the coasts are both fairly accessible from schools in a variety of locations – check it out for yourself!

FIGURE 19.3: LOCATION OF JOB ACCEPTANCES FOR TOP 30 MBA PROGRAMS (CLASS OF 2020)

Ranking Business School School Region West Southwest South Midwest Mid-Atlantic Northeast International
 

1

 

Stanford GSB

 

West

 

60.0%

 

4.0%

 

3.0%

 

2.0%

 

1.0%

 

20.0%

 

11.0%

 

2

 

Wharton (UPenn)

 

Mid-Atlantic

 

26.8%

 

2.9%

 

3.6%

 

3.4%

 

8.3%

 

41.6%

 

13.4%

 

3

 

Chicago Booth

 

Midwest

 

24.6%

 

5.9%

 

3.3%

 

32.7%

 

2.2%

 

22.6%

 

8.6%

 

4

 

Northwestern Kellogg

 

Midwest

 

33.0%

 

5.5%

 

5.5%

 

28.0%

 

9.0%

 

9.0%

 

11.0%

 

5

 

Harvard Business School

 

Northeast

 

25.0%

 

6.0%

 

3.0%

 

8.0%

 

3.0%

 

41.0%

 

14.0%

 

6

 

MIT Sloan

 

Northeast

 

29.7%

 

4.9%

 

4.2%

 

2.8%

 

2.8%

 

44.1%

 

11.5%

 

7

 

Columbia Business School

 

Northeast

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

8

 

Berkeley Haas

 

West

 

74.9%

 

1.9%

 

1.0%

 

3.9%

 

1.4%

 

7.7%

 

9.2%

 

9

 

Yale SOM

 

Northeast

 

25.4%

 

6.0%

 

3.0%

 

5.1%

 

6.4%

 

40.9%

 

12.9%

 

10

 

Dartmouth Tuck

 

Northeast

 

21.0%

 

5.0%

 

4.0%

 

10.0%

 

3.0%

 

49.0%

 

7.0%

 

11

 

NYU Stern

 

Northeast

 

10.9%

 

1.1%

 

0.7%

 

1.5%

 

2.2%

 

76.0%

 

7.6%

 

12

 

Duke Fuqua

 

South

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

13

 

Michigan Ross

 

Midwest

 

26.7%

 

6.6%

 

4.4%

 

30.2%

 

3.8%

 

19.8%

 

   8.5%                      

 

14

 

UVA Darden

 

Mid-Atlantic

 

14.3%

 

14.3%

 

12.4%

 

4.8%

 

22.0%

 

28.7%

 

4.5%

 

15

 

Cornell Johnson

 

Northeast

 

15.0%

 

9.0%

 

7.0%

 

11.0%

 

5.0%

 

50.0%

 

3.0%

 

16

 

CMU Tepper

 

Mid-Atlantic

 

28.0%

 

6.3%

 

2.6%

 

12.7%

 

15.9%

 

27.0%

 

   7.4%                      

 

17

 

USC Marshall

 

West

 

88.0%

 

3.0%

 

0.0%

 

3.0%

 

2.0%

 

2.0%

 

2.0%

 

18

 

UCLA Anderson

 

West

 

80.1%

 

2.5%

 

0.7%

 

2.1%

 

0.7%

 

3.8%

 

10.2%

 

19

 

UT McCombs

 

Southwest

 

19.7%

 

60.6%

 

3.3%

 

4.7%

 

2.8%

 

5.6%

 

3.3%

 

 

20

 

UNC Kenan-Flagler

 

South

 

16.0%

 

11.0%

 

37.0%

 

5.0%

 

12.0%

 

18.0%

 

1.0%

 

21

 

Georgetown McDonough

 

Mid-Atlantic

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

22

 

Washington Foster

 

West

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

1.0%

 

23

 

Indiana Kelley

 

Midwest

 

17.0%

 

9.0%

 

7.0%

 

46.0%

 

7.0%

 

12.0%

 

   3.0%                 

 

24

 

Vanderbilt Owen

 

South

 

12.0%

 

7.0%

 

42.0%

 

10.0%

 

5.0%

 

24.0%

 

   0.0%                 

 

25

 

Rice Jones

 

Southwest

 

13.8%

 

66.0%

 

1.1%

 

5.3%

 

6.4%

 

6.4%

 

0.0%

 

26

 

Emory Goizueta

 

South

 

12.0%

 

3.0%

 

58.0%

 

5.0%

 

5.0%

 

15.0%

 

   3.0%                 

 

28

 

Georgia Tech Scheller

 

South

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

NA

 

29

 

Minnesota Carlson

 

Midwest

 

10.0%

 

6.0%

 

0.0%

 

79.0%

 

1.0%

 

3.0%

 

1.0%

 

30

 

Arizona State Carey

 

Southwest

 

32.0%

 

35.0%

 

12.0%

 

6.0%

 

6.0%

 

9.0%

 

0.0%

 

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