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Average MBA Starting Salaries at the Top Business Schools

The table below shows the average MBA starting salaries at the top business schools.

The table details the median total pay package includes median starting salary and median other compensation but does not include signing bonuses.

Rank Business School Country

Weighted Avg. Salary*

Salary Increase**

1 London Business School UK $145,776 132%
2 University of Pennsylvania: Wharton US $171,551 123%
3 Harvard Business School US $170,238 116%
4 Insead France $147,883 108%
5 Stanford University GSB US $183,260 115%
6 Hong Kong UST Business School China $133,334 142%
7 Columbia Business School US $163,407 117%
8 IE Business School Spain $149,584 136%
9 Iese Business School Spain $131,890 138%
10 MIT Sloan School of Management US $158,387 121%
11 Indian Institute of Management, Ahmedabad (IIMA) India $174,440 152%
12 University of Chicago: Booth US $151,373 109%
13 IMD Switzerland $145,846 89%
14 New York University: Stern US $138,865 119%
15 Yale School of Management US $146,959 133%

Sources: The Financial Times - Business School Rankings, 2011

Learn more invaluable admissions information with

*The average alumni salary today with adjustment for salary variations between industry sectors
** The percentage increase in average alumni salary from before the MBA to today as a percentage of the pre-mba salary.

Last updated: 02 Aug 2012

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