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 Scenes during the 2025 Kellogg CIM (Culture is Made) event at the Northwestern University Kellogg School of Management at the Kellogg School of Management Global Hub in Evanston, Illinois. CONSUMER PRODUCTS A branch of marketing, CPG is an East Coast affair, as Harvard Business School ($152,250), MIT Sloan ($143,333), and Wharton ($138,000) produced the highest-paid graduates on average. Combined, the schools placed just 20 graduates in the field (led by Wharton with 10). Northwestern Kellogg may reflect a better barometer of starting pay, with 27 graduates averaging $133,537 to start. Still, there is money to be had in Consumer Goods, as shown by the $300,000 base given to one Wharton grad. U.S. News Rank School 2025 Consumer Products Industry Low 2024 Consumer Products Industry Low 2023 Consumer Products Industry Low 2025 Consumer Products Industry Average 2024 Consumer Products Industry Average 2023 Consumer Products Industry Average 2025 Consumer Products Industry High 2024 Consumer Products Industry High 2023 Consumer Products Industry High 1 Stanford NA NA $150,000 $135,333 $135,000 $176,000 NA NA $210,000 2 Wharton $117,000 $120,000 $113,000 $138,000 $165,333 $125,667 $160,000 $300,000 $135,000 3 University of Chicago (Booth) $107,000 $125,000 $115,000 $131,857 $135,286 $123,500 $160,000 $155,000 $135,000 4 Harvard $122,000 $125,000 $80,000 $152,250 $147,714 $145,225 $240,000 $180,000 $240,000 4 Northwestern (Kellogg) $116,500 $115,000 $110,000 $133,537 $129,667 $131,875 $190,000 $150,000 $153,000 6 MIT (Sloan) $100,000 $125,000 $140,000 $143,333 $139,750 $146,875 $165,000 $157,000 $155,000 7 Columbia $100,000 $66,324 NA $127,458 $134,797 NA $160,000 $200,000 NA 7 New York University (Stern) $115,000 $114,000 $92,000 $122,875 $124,500 $117,800 $128,000 $135,000 $130,000 9 Dartmouth (Tuck) $110,000 $113,000 $113,000 $131,500 $127,333 $131,000 $156,000 $155,000 $150,000 10 California-Berkeley (Haas) $125,000 $120,000 $120,000 $131,750 $123,500 $141,671 $140,000 $125,000 $180,000 11 Virginia (Darden) $120,000 $120,000 $110,000 $135,182 $125,000 $117,713 $175,000 $128,000 $128,000 11 Yale SOM $104,000 $115,000 $110,000 $123,062 $128,450 $123,833 $132,309 $175,000 $135,000 13 Michigan (Ross) $100,000 $110,000 $110,000 $125,211 $122,643 $125,800 $160,000 $128,000 $135,000 14 Duke (Fuqua) $100,000 $120,000 $108,000 $126,000 $128,111 $127,882 $160,000 $155,000 $208,330 15 Cornell (Johnson) $100,000 $110,000 $90,000 $126,625 $126,429 $119,300 $132,000 $135,000 $128,000 16 Carnegie Mellon (Tepper) $120,000 $128,000 $116,000 $123,333 $128,667 $123,667 $130,000 $130,000 $128,000 16 Vanderbilt (Owen) $110,000 $115,000 $110,000 $121,000 $124,500 $126,167 $126,000 $138,000 $150,000 18 Texas (McCombs) $65,000 $120,000 $110,000 $118,833 $124,667 $124,000 $140,000 $128,000 $140,000 18 UCLA (Anderson) $95,000 $100,000 $65,000 $118,500 $129,200 $116,870 $150,000 $200,000 $132,000 20 University of Washington (Foster) NA NA $120,000 NA NA $135,000 NA NA $165,000 21 North Carolina (Kenan Flagler) $115,000 $95,000 $115,000 $126,778 $122,857 $123,000 $140,000 $140,000 $130,000 21 Indiana (Kelley) $90,000 $72,800 $90,000 $115,250 $119,073 $121,059 $132,000 $128,000 $145,002 23 Emory (Goizueta) $130,000 $115,000 $54,510 NA $120,000 $104,878 NA $128,000 $140,000 23 Texas-Dallas (Jindal) NA NA NA NA NA NA NA NA NA 25 Georgia (Terry) NA NA NA NA NA NA NA NA NA 25 USC (Marshall) $117,000 $120,000 $113,000 $122,000 $120,900 $124,625 $135,000 $127,000 $145,000 27 Georgia Tech (Scheller) NA NA NA NA NA NA NA NA NA 27 Washington U. (Olin) NA NA $125,000 NA NA $130,000 NA NA $140,000 29 Rice (Jones) NA $120,000 $115,000 NA $140,000 $128,400 NA $165,000 $145,000 29 Arizona State (Carey) NA NA NA NA NA NA NA NA NA 31 Georgetown (McDonough) NA $55,000 $113,000 NA $105,193 $126,667 NA $122,000 $175,000 32 Minnesota (Carlson) $100,000 $113,000 $108,000 $110,750 $121,722 $111,000 $125,000 $133,000 $115,000 32 Ohio State (Fisher) $80,000 $120,000 NA $109,333 $120,000 NA $128,000 $120,000 NA 34 Notre Dame (Mendoza) NA $80,000 $87,500 NA $118,250 $115,595 NA $140,000 $130,000 34 Rochester (Simon) $94,644 $100,000 $100,000 $122,956 $118,200 $121,667 $135,000 $128,000 $130,000 36 SMU (Cox) NA NA NA NA NA $105,000 NA NA $121,750 36 Texas A&M (Mays) NA NA NA NA NA NA NA NA NA 38 Iowa State (Ivy) NA $55,000 NA NA $63,750 NA NA $75,000 NA 39 Utah (Eccles) NA NA $128,000 NA NA $134,500 NA NA $150,000 39 University of Miami (Herbert) NA NA NA NA NA NA NA NA NA 39 Florida (Warrington) $132,000 $125,000 $100,000 $132,000 $126,750 $118,400 $132,000 $129,000 $128,000 39 BYU (Marriott) $67,600 $85,000 $88,500 $118,400 $111,611 $119,905 $150,000 $130,000 $135,000 43 Michigan State (Broad) NA $92,000 NA NA $98,000 NA NA $100,000 NA 43 Maryland (Smith) NA NA $105,000 NA NA $117,667 NA NA $128,000 43 Tennessee (Haslam) NA NA $80,000 NA NA $106,000 NA NA $128,000 46 American University (Kogod) NA NA NA NA NA NA NA NA NA 46 Boston U. (Questrom) $95,000 NA NA $109,000 NA NA $120,000 NA NA 48 Pittsburgh (Katz) NA NA NA NA NA NA NA NA NA 48 Wisconsin $125,000 $80,000 $113,000 $125,750 $113,250 $121,083 $128,000 $128,000 $128,000 48 Arkansas (Walton) $62,500 $84,500 NA $81,577 $91,200 NA $95,500 $100,000 NA 51 UC Irvine (Merage) $113,000 NA $110,000 $120,333 NA $116,667 $128,000 NA $120,000 Next Page: Healthcare Previous Page Continue ReadingPage 7 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.