Connect with us

Hi, what are you looking for?

TOP news

Here’s how much the graduates of top business schools made across industries, including signing bonuses

REUTERS / Adam Hunger

  • An MBA is an investment, but students at top schools can graduate making six-figure salaries.
  • Consulting, finance, and technology were all popular industries for the class of 2021.
  • Here are the latest salaries — including signing bonuses — of six top business schools.

Business school is an exciting prospect for ambitious professionals or aspiring entrepreneurs looking to level up their careers — and salaries.

For the class of 2021, students from the top business schools in the world graduated making solid six-figure salaries. Financial services, consulting, investment banking, and technology were top industries for business-school grads. In a competitive year for top talent, many students also received lucrative signing bonuses.

After a surge at the start of the pandemic, applications held steady or decreased at top business schools for 2021, according to The Wall Street Journal. For example, Northwestern University’s Kellogg School of Management reported a 20% drop in applications to its MBA program for the incoming fall 2021 class. Columbia Business School reported a 6% decline, though the volume of applications was still higher than it was in 2019, when interest in many schools languished during a white-hot job market.

For those considering attending business school or who are currently enrolled, here are six top programs and a profile of what their graduates are up to today. 

The Wharton School of the University of PennsylvaniaUniversity of PennsylvaniaStudents walking on pedestrian road near the University of Pennsylvania.

Stock Photo/Getty Images

The Wharton School of the University of Pennsylvania is the world’s oldest collegiate business school and tied for the top spot on US News & World Report’s business-school rankings.

The median salary for 2021 graduates of Wharton was $155,000, while the annual cost of attendance was $118,568, according to the school. The majority of graduates entered consulting, financial services, or the technology industry — with two or more students receiving employment offers from prestigious firms such as Amazon, Bain & Co., BlackRock, Boston Consulting Group, Deloitte Consulting LLP, and Goldman Sachs. 

Read more: Here’s the salary breakdown for Wharton’s most recent MBA class across industries

University of Chicago’s Booth School of BusinessCollege graduationA student at a graduation ceremony.

Getty Images

The University of Chicago Booth School of Business ranked first on US News & World Report’s business-school rankings for 2023, tied with the Wharton School at the University of Pennsylvania.

The median salary for 2021 Booth graduates was $155,000, according to the school’s most recent report. The school estimates the annual cost of attendance for Booth students is $115,062.

The majority of graduates entered careers in consulting or financial services. The consulting giant McKinsey snapped up 46 Booth graduates in 2021, while Amazon, Bain & Co., Google, and JPMorgan Chase were also major employers of 2021 graduates.

Read more: Here’s the salary breakdown for the University of Chicago Booth School of Business’ class of 2021 across industries, including bonuses

Stanford Graduate School of BusinessGraduating Stanford University students turn around to thank their parents during the 125th Stanford University commencement ceremony on June 12, 2016 in Stanford, California. The university holds its commencement ceremony amid an on-campus rape case and its controversial sentencing.Stanford students celebrate graduation in Palo Alto, California.

Ramin Talaie / Stringer

Over in Palo Alto, California, Stanford Graduate School of Business came in third on US News & World Report’s business-school rankings.

Stanford reported the median salary for 2021 graduates was $158,400, with a median signing bonus of $30,000. The school estimated students would pay $124,389 for one year of tuition, plus expenses, for the 2022-23 academic year. Like peer institutions, Stanford saw a majority of graduates work in finance or consulting. 

Read more: Here’s the salary breakdown for Stanford’s most recent MBA class across industries, including signing bonuses

Harvard Business SchoolHarvard Business School graduatesHarvard Business School students celebrate graduation.

HBS Facebook

Harvard Business School, one of the leading MBA-course providers, came in fifth on US News & World Report’s business-school rankings this year.

Harvard reported the median salary for 2021 graduates was $148,750, with an expected bonus of $30,000. The school estimated students would pay $112,764 for one year of tuition — plus expenses — for the 2022-23 academic year. Students flocked to positions in consulting, private equity, and technology. 

Read more: Here’s the salary breakdown for Harvard’s most recent MBA class across industries, including signing bonuses

Yale School of ManagementA student wearing a sweatshirt and sweatpants walks below a brick archway, with orange and yellow tree leaves in the background.Yale University in New Haven, Connecticut.

REUTERS/Shannon Stapleton/File Photo

The Yale School of Management is seventh on the US News & World Report’s business-school rankings. 

Yale reported the median salary for 2021 graduates was $140,400, with a median signing bonus of $30,000. Meanwhile, Yale estimated students would pay $108,780 for one year of tuition, plus expenses, for the 2022-23 academic year. A large percentage of graduates entered the consulting and finance industries. 

Read more: Here’s the salary breakdown for Yale’s most recent MBA class across industries, including signing bonuses

New York University’s Stern School of BusinessNYU students celebrate graduation at Washington Square ParkNYU students celebrate graduation at Washington Square Park

Liao Pan/China News Service via Getty Images

The New York University Stern School of Business is 12th on US News & World Report’s business-school rankings for 2023.

The median salary for 2021 Stern graduates was $155,000, and the majority of students entered consulting or financial services, according to the school. The estimated cost of attendance, including room and board, was $121,541 — the second-highest tuition of the top 15 business schools.

Read more: Here’s the salary breakdown for NYU Stern’s MBA class of 2021 across industries, including bonuses

Click to comment

Leave a Reply

Your email address will not be published.

Advertisement

You May Also Like

Opinion

Adeline van Houtte is the Economist Intelligence Unit’s lead analyst on Russia. It looks like Russia is at it again, after the unusual movement...

Health Care

Former President Donald Trump confirmed he had gotten a booster during a live show with Bill O’Reilly in Dallas on Sunday.

TOP news

US Navy aircraft carrier USS Carl Vinson leads other US Navy ships during an exercise with the Indian navy in 2012. US Navy Photo...

TOP news

Medical imaging service in a hospital in Savoie, France. A technician monitors a brain MRI scan session. BSIP/Universal Images Group via Getty Images A...