MBA Programs such as Columbia, Northwestern-Kellogg, Chicago-Booth, Harvard, Virginia-Darden, and NYU-Stern are reporting record median salaries for newly minted MBAs according to reports on Poets & Quants website.
Columbia MBA grads Total Median Compensation is reported to be a record $177, 970. Basic structure is $150,000 base salary and a $30,000 signing bonus.
Northwestern-Kellogg School MBAs report offers at about $165,000 with a substantial increase of placement into PE (private equity).
Chicago–Booth reports median pay at $163,900 for new MBA graduates.
Harvard Business School MBA median pay is at $172,090.
Virginia–Darden is reporting median offers of $162,000 for new MBAs.
NYU-Stern reported a median base salary of $140,000 and median signing bonuses of $30,000 for new MBAs.
Most Columbia MBAs are hired by the top 3 consulting firms–McKinsey & Co., Bain & Co., and Boston Consulting Group, followed by Deloitte, then PwC Strategy &, then by Goldman Sachs, Amazon & JP Morgan.
Boston Consulting Group loves to hire Northwestern–Kellogg MBAs. Hired 52 this year, up from 33 last year according to a Poets & Quants article.
McKinsey & Co. hired 28 Northwestern–Kellogg MBAs for its worldwide leading consulting practice.
Northwestern–Kellogg’s top employers for recent MBAs are:
Boston Consulting Group–52
McKinsey & Co.–28
Bain & Co.–21
Google–13
Amazon–12
Apple–10
JP Morgan–9
Goldman Sachs–4
PepsiCo–5
Kraft Heinz–4
Nike–4
98% of Northwestern-Kellogg MBAs were employed within 3 months of graduation.
31% went into consulting.
26% into finance.
18% into financial services.
7% into healthcare.
8% into consumer packaged goods.
3% into retail
2% into non-profit sector
2% into manufacturing.