The University of Chicago Booth School of Business, Drone Media Services

OVERALL PAY

When you add together starting base and sign-on bonus, Stanford GSB continues to set the bar…even if its average has continued to drop. In 2025, GSB grads garnered $206,157, slightly down from its $206,955 average the previous year. Wharton and Chicago Booth also cleared the $200K mark. As a whole, just 6 of the Top 20 MBA programs reported higher overall pay among 2025 graduates. That said, no programs ranked from 11-20 reported increased average pay.

U.S. News Rank	School	2025 Overall Pay	2024 Overall Pay	2023 Overall Pay
1	Stanford	$206,157	$206,955	$209,680
2	Wharton	$201,902	$200,724	$201,296
3	University of Chicago (Booth)	$200,968	$204,099	$204,197
4	Northwestern (Kellogg)	$197,394	$199,146	$199,888
4	Harvard	$197,890	$193,505	$193,201
6	MIT (Sloan)	$197,331	$195,480	$196,426
7	New York University (Stern)	$201,106	$200,759	$201,727
7	Columbia	$195,404	$194,287	$196,871
9	Dartmouth (Tuck)	$198,517	$200,298	$202,171
10	California-Berkeley (Haas)	$187,801	$186,677	$188,343
11	Yale SOM	$183,446	$186,447	$192,356
11	Virginia (Darden)	$194,375	$198,059	$201,691
13	Michigan (Ross)	$190,202	$191,826	$192,864
14	Duke (Fuqua)	$190,778	$193,926	$193,557
15	Cornell (Johnson)	$194,716	$196,826	$197,285
16	Carnegie Mellon (Tepper)	$184,392	$188,465	$192,169
16	Vanderbilt (Owen)	$180,909	$183,075	$184,712
18	Texas (McCombs)	$177,762	$180,588	$183,769
18	UCLA (Anderson)	$173,174	$175,547	$179,437
20	University of Washington (Foster)	$178,088	$183,128	$185,127
21	Indiana (Kelley)	$161,422	$169,304	$173,723
21	North Carolina (Kenan Flagler)	$165,888	$172,086	$174,717
23	Emory (Goizueta)	$181,550	$181,374	$181,080
23	Texas-Dallas (Jindal)	$132,733	$125,684	$119,129
25	USC (Marshall)	$165,816	$171,568	$174,411
25	Georgia (Terry)	$146,363	$147,893	$149,355
27	Georgia Tech (Scheller)	$163,531	$175,184	$180,276
27	Washington U. (Olin)	$146,604	$152,623	$151,965
29	Rice (Jones)	$171,968	$176,163	$176,594
29	Arizona State (Carey)	$133,727	$134,476	$146,720
31	Georgetown (McDonough)	$169,866	$179,651	$185,916
32	Ohio State (Fisher)	$140,472	$151,681	$158,831
32	Minnesota (Carlson)	$157,874	$162,503	$166,205
34	Notre Dame (Mendoza)	$164,301	$163,936	$165,878
34	Rochester (Simon)	$150,703	$164,035	$177,741
36	SMU (Cox)	$148,020	$157,290	$160,001
36	Texas A&M (Mays)	$147,087	$147,822	$146,979
38	Iowa State (Ivy)	$82,721	$81,306	$78,750
39	Florida (Warrington)	$141,368	$145,695	$151,106
39	BYU (Marriott)	$136,878	$136,687	$136,224
39	Utah (Eccles)	$114,027	$123,028	$130,676
39	University of Miami (Herbert)	$108,111	$116,675	NA
43	Michigan State (Broad)	$130,035	$136,091	$134,578
43	Maryland (Smith)	$135,689	NA	$164,401
43	Tennessee (Haslam)	$121,691	$123,872	$124,609
46	American University (Kogod)	$127,339	NA	NA
46	Boston U. (Questrom)	$125,644	$135,480	$139,741
48	Wisconsin	$127,795	$145,678	$152,209
48	Pittsburgh (Katz)	$121,143	$133,677	$135,172
48	Arkansas (Walton)	$84,785	$82,706	NA
51	UC Irvine (Merage)	$139,750	$137,814	$137,517

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