What Industries Give MBAs The Big Pay Bump by: Hauk Nelson at TransparentCareer on July 26, 2017 | 24,934 Views July 26, 2017 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Tech Pre-MBA Median Salary/Compensation: $83,000/$97,675 First Job post MBA Median Salary/Compensation: $120,000/$178,250 Hours Worked/Week: 49 Satisfaction: 7 Popular Companies: Amazon, Samsung, Google, Apple, Microsoft Our MBAs reported tech as being nearly on par in terms of work-life balance with consumer products (just 1 hour more per week), and still less than 50 hours/week on average. However, MBA compensation in tech is reported over $35k higher than the median packages in consumer products, so think about it like this – 52 more hours for an extra $35k. Sounds good to us. This extra compensation may not mean more money in the pocket though: many tech companies are based in California or NYC, which typically carry a high cost of living. Learn more about MBA salary vs. expenses in various US cities here. Financial Services Pre-MBA Median Salary/Compensation: $77,750/$90,514 First Job post MBA Median Salary/Compensation: $107,500/$139,025 Hours Worked/Week: 52 Hours Satisfaction: 6.7 Popular Companies: Discover Financial Services, Fidelity Investments, Capital One, Visa Financial services has the lowest jump for MBAs on our list, at a jump of $48k in salary after getting an MBA. This increase is not only the lowest in terms of total money, but also as a percentage of pre-MBA compensation. The $48k compensation boost is only 53% of the $90k pre-MBA financial service workers make. This is totally eclipsed by consulting, which sees the highest boost, at an 87% increase. Healthcare Pre-MBA Median Salary/Compensation: $80,000/$92,800 First Job post MBA Median Salary/Compensation: $116,000/$147,250 Hours Worked/Week: 48 Hours Satisfaction: 6.9 Popular Companies: CVS Health, DaVita Healthcare Partners, Medtronic The fastest growing industry in the US, healthcare also skews on the lower side in terms of wage bumps, with the second lowest compensation bump at $54k, a 59% increase. Many healthcare firms also offer intensive training programs for general management positions. DaVita’s Redwoods program is one of the most popular. *Please note that this analysis includes both Healthcare Services (care provider networks, insurance) and Healthcare Products/Medical Devices. Hauk Nelson is a marketing associate at TransparentCareer, a former e-sports entrepreneur, and drummer for his band. He is based in Chicago. DON’T MISS: BEST MBA EMPLOYERS FOR WORK/LIFE BALANCE or GOOGLE & AMAZON NOW TOP MBA POPULARITY LIST FOR EMPLOYMENT Previous PagePage 2 of 2 1 2