Coronavirus To Reduce Average MBA Salary By 30%
Read our May 18 coronavirus roundup, as we calculate the average MBA salary in the USA
May 18 Roundup
Average MBA Salary To Fall Due To COVID-19
What is the average salary for an MBA graduate in the USA? According to US News, the average starting salary for MBA grads last year was $107k. However, MBA salary prospects in 2020 look a little less rosy.
The predicted average MBA salary for this year’s graduating class is $79k, according to the National Association of Colleges and Employers—that’s over 30% less.
Doing an MBA this year can still pay off long-term. In fact, starting salaries for MBA holders may be more than $20k higher than for people with bachelor’s degrees in business. MBA salaries also vary by business school and the industry you’re working in.