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MBA Salaries Rising for New Grads of Top MBA Programs

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MBA Programs such as Columbia, Northwestern-Kellogg, Chicago-Booth, Harvard, Virginia-Darden, and NYU-Stern are reporting record median salaries for newly minted MBAs according to reports on Poets & Quants website.

Columbia MBA grads Total Median Compensation is reported to be a record $177, 970. Basic structure is $150,000 base salary and a $30,000 signing bonus.

Northwestern-Kellogg School MBAs report offers at about $165,000 with a substantial increase of placement into PE (private equity).

Chicago--Booth reports median pay at $163,900 for new MBA graduates.

Harvard Business School MBA median pay is at $172,090.

Virginia--Darden is reporting median offers of $162,000 for new MBAs.

NYU-Stern reported a median base salary of $140,000 and median signing bonuses of $30,000 for new MBAs.

Most Columbia MBAs are hired by the top 3 consulting firms--McKinsey & Co., Bain & Co., and Boston Consulting Group, followed by Deloitte, then PwC Strategy &, then by Goldman Sachs, Amazon & JP Morgan.

Boston Consulting Group loves to hire Northwestern--Kellogg MBAs. Hired 52 this year, up from 33 last year according to a Poets & Quants article.

McKinsey & Co. hired 28 Northwestern--Kellogg MBAs for its worldwide leading consulting practice.

Northwestern--Kellogg's top employers for recent MBAs are:

Boston Consulting Group--52
McKinsey & Co.--28
Bain & Co.--21

Google--13
Amazon--12
Apple--10

JP Morgan--9
Goldman Sachs--4

PepsiCo--5
Kraft Heinz--4
Nike--4

98% of Northwestern-Kellogg MBAs were employed within 3 months of graduation.

31% went into consulting.

26% into finance.

18% into financial services.

7% into healthcare.

8% into consumer packaged goods.

3% into retail

2% into non-profit sector

2% into manufacturing.


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