Can you make six figures with an MBA? The numbers don’t lie.
For professionals with an MBA degree, six-figure salaries are well within reach. The latest Graduate Management Admissions Council (GMAC)1 survey anticipates a median MBA starting salary in the USA of $125k per year.
Not only are there a wealth of well-paying jobs for those with an MBA degree, a 2021 Forte Foundation study3 showed that the average salary for MBA graduates over time grew between 9 and 35%.
The average annual MBA salary after five years averaged approximately $142k for women and $152 for men, while the average MBA salary after 10 years ranged from $179k to $242k for women and men, respectively.
Some of the most sought-after six-figure careers2 include:
Managers:
Financial Manager – $131,710
Medical & Health Services Manager – $101,340
Senior Product Manager– $130,225
Directors:
Director of Finance– $126,342
IT Director– $119,558
Pharmaceutical Medical Director– $147,494
C-Suite:
Chief Technology Officer (CTO)– $132, 056
Chief Medical Officer (CMO)– $151,040
