SALARIES: ALMOST EVERYWHERE THEY ARE ON THE RISE
For the 21 schools on our list that provided enough data in their employment reports to make a two-year comparison, median base salaries grew an average of $11,932. Among the top 10 schools, nine reported a median base of $130K, with only Stanford exceeding that at $135K. That is the highest median salary of any school. The highest in 2016 was not Stanford, however — GSB reported a median base of just $95,000 that year, making its $40,000 gain the biggest of any school in 2018 (Dartmouth Tuck reported a three-year gain of $34,000 in median base salary). No — in 2016 the highest pay was reported at three schools: UC-Berkeley Haas, the University of Chicago Booth School of Business, and Harvard, all of which reported median base salaries of $125K.
One school reported a lower base salary in 2018 than 2016: Indiana Kelley, which was down $750 between 2016 and 2018 medians. Seven schools did not provide enough data for a comparison; and one school, Notre Dame’s Mendoza College of Business, reported the same median figure for both years: $110,000.
Four schools, meanwhile, reported median sign-on bonuses of $40,000 for their 2018 tech grads: Columbia, UCLA Anderson, Michigan Ross, and The Wharton School at the University of Pennsylvania. Virginia Darden reported an average tech job sign-on bonus of $40,313.
How about Europe? Of the five European schools we examined, the highest median base salary was for MBAs from HEC Paris: $131,000. The average base salary for the five schools: $101,057.