MBA Pay By Occupation & Industry: Here’s How Much You’re WorthA school-by-school look at how much MBA grads are earning in every industry by: Jeff Schmitt on September 01, 2026 | 35 minute read September 1, 2026 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Texas A&M Mays Business School in College Station, Texas has announced the launch of a new ‘Flex’ Online MBA — part of the school’s growing portfolio of online programs. Mays photo ENERGY There are only two certainties in life: Death and Taxes. Still, energy is the hidden hand behind economic growth, personal independence, and political stability. That makes it an underrated avenue for MBAs…even if pay hasn’t caught up to importance. Here, Wharton grads lead the pack, earning $177,833 to start. The school also boasted the highest-paid MBA in the field at $260,000. That said, Texas schools are the place to go to top out, with Texas McCombs, Rice Jones, and Texas A&M Mays each reporting a graduate earning $200K in base to start. U.S. News Rank School 2025 Energy Industry Low 2024 Energy Industry Low 2023 Energy Industry Low 2025 Energy Industry Average 2024 Energy Industy Average 2023 Energy Industry Average 2025 Energy Industry High 2024 Energy Industry High 2023 Energy Industry High 1 Stanford NA NA $103,600 $169,625 $166,700 $168,100 NA NA $200,000 2 Wharton $147,000 $85,600 $100,000 $177,833 $153,956 $159,714 $260,000 $185,000 $200,000 3 University of Chicago (Booth) NA $104,500 $100,000 NA $151,583 $145,000 NA $210,000 $200,000 4 Northwestern (Kellogg) NA $95,000 $120,000 NA $128,750 $142,667 NA $170,000 $158,000 4 Harvard $130,000 $110,000 $112,500 $155,000 $172,354 $153,247 $175,000 $220,000 $240,000 6 MIT (Sloan) $140,000 $140,000 $105,000 $161,000 $152,857 $151,667 $175,000 $165,000 $170,000 7 New York University (Stern) NA NA $125,000 NA NA $133,333 NA NA $145,000 7 Columbia NA NA NA NA NA NA NA NA NA 9 Dartmouth (Tuck) $125,000 NA $130,000 $161,367 NA $151,250 $185,000 NA $170,000 10 California-Berkeley (Haas) $135,000 $125,000 $110,000 $156,143 $150,000 $149,800 $185,000 $195,000 $180,000 11 Yale SOM $115,000 $80,000 $125,000 $147,871 $127,778 $146,000 $168,000 $170,000 $180,000 11 Virginia (Darden) $76,000 $98,000 NA $132,071 $135,600 NA $168,000 $150,000 NA 13 Michigan (Ross) $121,000 $120,000 $115,000 $150,400 $144,167 $131,500 $175,000 $165,000 $170,000 14 Duke (Fuqua) $90,000 $105,000 $125,000 $141,857 $148,727 $146,125 $168,000 $170,000 $169,000 15 Cornell (Johnson) $135,000 $79,050 $110,000 $151,250 $129,763 $131,250 $170,000 $165,000 $145,000 16 Vanderbilt (Owen) NA NA NA NA NA NA NA NA NA 16 Carnegie Mellon (Tepper) $100,000 NA $124,000 $149,250 $128,000 $151,000 $207,000 $137,667 $210,000 18 UCLA (Anderson) NA $80,000 $110,000 NA $123,486 $126,250 NA $140,000 $140,000 18 Texas (McCombs) $100,000 $120,000 $100,000 $141,706 $137,222 $133,749 $200,000 $175,000 $185,000 20 University of Washington (Foster) NA NA $100,000 NA NA $111,667 NA NA $120,000 21 Indiana (Kelley) NA NA NA NA NA NA NA NA NA 21 North Carolina (Kenan Flagler) $85,000 $75,000 $115,000 $127,398 $134,846 $137,083 $160,000 $165,000 $165,000 23 Emory (Goizueta) NA NA $115,000 NA NA $143,400 NA NA $152,000 23 Texas-Dallas (Jindal) NA NA NA NA NA NA NA NA NA 25 USC (Marshall) NA NA NA NA NA NA NA NA NA 25 Georgia (Terry) NA $75,000 NA NA $136,667 NA NA $200,000 NA 27 Washington U. (Olin) NA NA NA NA NA NA NA NA NA 27 Georgia Tech (Scheller) $93,000 NA $118,000 $103,944 NA $122,667 $123,832 NA $125,000 29 Rice (Jones) $75,000 $83,200 $100,000 $133,489 $117,997 $129,357 $200,000 $140,400 $165,000 29 Arizona State (Carey) $85,010 NA NA $103,005 NA NA $121,000 NA NA 31 Georgetown (McDonough) NA NA NA NA NA NA NA NA NA 32 Ohio State (Fisher) NA NA NA NA NA NA NA NA NA 32 Minnesota (Carlson) NA NA NA NA NA NA NA NA NA 34 Notre Dame (Mendoza) NA NA NA NA NA NA NA NA NA 34 Rochester (Simon) NA NA NA NA NA NA NA NA NA 36 SMU (Cox) NA NA NA NA NA NA NA NA NA 36 Texas A&M (Mays) $87,000 $115,000 $75,000 $144,920 $116,000 $107,000 $212,600 $118,000 $128,000 38 Iowa State (Ivy) NA NA NA NA NA NA NA NA NA 39 BYU (Marriott) NA NA NA NA NA NA NA NA NA 39 Utah (Eccles) NA $78,000 NA NA $101,375 NA NA $138,000 NA 39 University of Miami (Herbert) NA NA NA NA NA NA NA NA NA 39 Florida (Warrington) $105,000 NA $85,000 $126,000 NA $125,000 $141,000 NA $150,000 43 Michigan State (Broad) NA NA NA NA NA NA NA NA NA 43 Maryland (Smith) NA NA NA NA NA NA NA NA NA 43 Tennessee (Haslam) NA NA NA NA NA NA NA NA NA 46 American University (Kogod) NA NA NA NA NA NA NA NA NA 46 Boston U. (Questrom) $85,000 $80,000 $112,000 $108,000 $103,857 $132,250 $144,000 $125,000 $145,000 48 Wisconsin NA NA NA NA NA NA NA NA NA 48 Pittsburgh (Katz) NA NA NA NA NA NA NA NA NA 48 Arkansas (Walton) NA $77,250 NA NA $77,250 NA NA $77,250 NA 51 UC Irvine (Merage) NA NA NA NA NA NA NA NA NA Next Page: Real Estate Previous Page Continue ReadingPage 10 of 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 © Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.