MBA Pay By Occupation & Industry: Here’s How Much You’re Worth

A school-by-school look at how much MBA grads are earning in every industry

MIT Sloan Campus. Photo Credit: Kelly Davidson

MANUFACTURING

It’s archaic, low skill, and dangerous. Loud, hot, and dirty too. Maybe in some places, but the Manufacturing floor has emerged as a spot to differentiate through high tech practices. No wonder the industry was paying MIT Sloan MBAs a starting base of $188,333 in 2025 – or cutting paychecks as high as $300,000 (Harvard Business School). It also boasts increasing cache among the Ivy League, attracting 16 members of Harvard Business School last year.

U.S. News Rank School 2025 Manufacturing Low 2024 Manufacturing Low 2023 Manufacturing Low 2025 Manufacturing Average 2024 Manufacturing Average 2023 Manufacturing Average 2025 Manufacturing High 2024 Manufacturing High 2023 Manufacturing High
1 Stanford GSB NA NA NA $163,336 NA NA NA NA NA
2 Wharton School $102,135 $130,000 $120,000 $162,459 $163,086 $142,619 $250,000 $185,000 $190,000
3 Chicago (Booth) $118,500 $150,000 $115,000 $152,056 $159,167 $156,000 $200,000 $175,000 $300,000
4 Harvard Business School $48,000 $95,000 $135,000 $168,418 $156,214 $158,800 $300,000 $215,000 $207,000
4 Northwestern (Kellogg) $130,000 $118,400 $120,000 $160,125 $140,962 $135,750 $199,000 $175,000 $175,000
6 MIT (Sloan) $142,000 $135,000 $125,000 $188,333 $161,538 $151,618 $245,000 $180,000 $170,500
9 Dartmouth (Tuck) NA $120,000 $130,000 NA $136,667 $150,000 NA $155,000 $195,000
9 Columbia Business School $130,000 $87,000 $115,000 $146,500 $142,267 $147,857 $176,000 $190,000 $250,000
10 UC Berkeley Haas NA NA $135,000 NA NA $158,033 NA NA $190,000
11 Yale SOM $130,000 NA $110,000 $133,333 NA $126,667 $140,000 NA $140,000
11 Virginia (Darden) $86,000 $58,840 $100,000 $128,375 $122,691 $128,333 $156,000 $155,000 $150,000
12 Michigan (Ross) $110,000 $125,000 $120,000 $140,750 $132,091 $127,143 $175,000 $140,000 $145,000
14 Duke (Fuqua) $100,000 NA $120,000 $132,500 NA $138,333 $160,000 NA $170,000
15 Cornell (Johnson) $92,000 $117,000 $90,000 $132,125 $131,750 $120,500 $155,000 $145,000 $135,000
16 Vanderbilt (Owen) $130,000 $117,000 NA $138,600 $132,429 NA $145,000 $155,000 NA
16 Carnegie Mellon (Tepper) $110,000 $125,000 $135,000 $132,563 $146,333 $138,367 $150,000 $168,000 $140,100
18 Texas (McCombs) NA $117,000 $112,500 NA $139,400 $136,786 NA $185,000 $175,000
20 University of Washington (Foster) $132,000 $120,000 $111,827 $134,667 $131,788 $138,583 $137,000 $148,000 $183,923
21 Indiana (Kelley) $105,000 $105,000 $90,000 $124,700 $123,333 $110,522 $140,000 $155,000 $130,000
23 Texas-Dallas (Jindal) $10,000 NA $99,107 $106,000 NA $112,018 $158,000 NA $116,000
25 Georgia (Terry) $83,000 NA NA $100,667 NA NA $135,000 NA NA
27 Georgia Tech (Scheller) $100,000 $105,000 $118,000 $111,000 $115,000 $137,667 $118,000 $130,000 $155,000
27 Washington University (Olin) $25,499 $110,000 $65,000 $66,833 $123,333 $109,643 $100,000 $135,000 $144,500
29 Rice University (Jones) NA NA $130,000 NA NA $140,000 NA NA $160,000
29 Arizona State (W .P. Carey) $83,000 $70,000 $93,000 $105,860 $104,000 $109,661 $155,000 $135,000 $126,000
31 Georgetown (McDonough) $100,000 $65,336 $100,000 $130,000 $126,343 $126,000 $140,000 $165,000 $150,000
32 Ohio State (Fisher) $72,488 $108,000 $83,000 $109,098 $113,667 $92,000 $130,000 $125,000 $108,000
32 Minnesota (Carlson) $60,000 $80,000 $95,000 $101,000 $111,667 $116,000 $125,000 $130,000 $127,000
34 Notre Dame (Mendoza) NA $92,400 $100,000 NA $120,600 $118,000 NA $130,000 $130,000
34 Rochester (Simon) NA $85,000 $110,000 NA $111,143 $120,000 NA $160,000 $140,000
38 Iowa State (Ivy) $60,000 $58,240 $65,000 $81,846 $81,591 $76,040 $96,000 $110,240 $87,100
39 Florida (Warrington) $118,450 $90,000 $90,000 $118,450 $118,750 $106,667 $118,450 $135,000 $115,000
39 BYU (Marriott) $91,000 $75,000 $70,000 $112,250 $98,800 $105,000 $130,000 $135,000 $130,000
39 Utah (Eccles) $80,000 $80,000 NA $104,333 $101,500 NA $118,000 $130,000 NA
43 Michigan State (Broad) $80,000 NA $115,000 $98,043 NA $118,333 $133,000 NA $120,000
43 Tennessee (Haslam) $72,500 $70,400 $70,000 $88,239 $98,100 $105,625 $108,000 $135,000 $140,000
48 Wisconsin NA NA $43,131 NA NA $111,826 NA NA $130,000
48 Pittsburgh (Katz) NA NA $80,000 NA NA $113,500 NA NA $125,000
48 Arkansas (Walton) NA $80,000 NA NA $80,000 NA NA $80,000 NA
51 UC Irvine (Merage) NA NA $100,000 NA NA $110,907 NA NA $122,720

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