Find a Job You Really Want In
Research Summary: Otherwise known as a Master of Business Administration, an MBA is the most popular online degree. People in the US and around the world choose to pursue this postgraduate path for many reasons, including interests in marketing, management, finance, and more.
To learn more about the pros and cons of an MBA, we’ve gathered all of the latest statistics. According to our extensive research:
The average annual salary of an MBA graduate in the US is $115,000.
The average cost of an MBA is $61,800.
The average age of incoming MBA students is 28 years old.
Stanford University has the lowest MBA acceptance rate of only 6.2%.
MBA Salary Statistics
Many students pursue an MBA in the hopes of earning a high annual salary. This is true in the majority of cases, as MBAs are highly versatile degrees that can help graduates get into many high-paying careers. Here are the facts:
The average starting salary for an MBA graduate is over $105,000.
This average includes bonuses, with the base salary of new graduates starting at an average of $95,370.
The Consulting industry has the highest MBA starting salary of $147,178.
While on the other hand, working in Government has the lowest average starting salary of $87,675.
Average MBA Starting Salary By Industry
Industry Average starting salary Consulting $147,178 Financial Services $138,834 Technology $128,442 Health Care $116,250 Retail $115,485 Media/Entertainment $114,706 Energy $111,080 Consumer Packaged Goods $109,556 Real Estate $108,831 Manufacturing $108,364 Transportation $92,316 Nonprofit $90,381 Government $87,675
Consulting also has the highest increase in salary from earning an MBA, at +$46,414.
Those who worked in consulting prior to earning their MBA can expect a massive salary increase of $46,414. Other industries with high salary increases include:
Top 5 Industries By Average MBA Salary Increase
Industry Average salary increase Consulting +$46,414 Food, Beverage, and Tobacco +$41,249 Investment Management +$38,844 Private Equity +$37,739 Technology, Internet, and Ecommerce +$36,763
The Law industry has the lowest increase in salary from earning an MBA, at only +$8,138.
While this is certainly better than nothing, the fact that an MBA costs an average of $61,800 makes this a pretty poor investment. Other industries with low salary increases are:
Bottom 5 Industries By Average MBA Salary Increase
Industry Average salary increase Accounting and Audit +$20,994 Restaurants, Hotels, Tourism, and Hospitality +$14,982 Education +$14,826 Government, Military, and Politics +$12,985 Law +$8,138
New York University (Stern) has the highest MBA starting salary of $181,803.
The school you choose to go to, or are able to get into, can be a decisive factor in determining your MBA starting salary. The top five schools that lead to the highest MBA starting salaries include:
Top 5 Schools By Average MBA Starting Salary
School Average starting salary New York University (Stern) $181,803 University of Chicago (Booth) $180,044 University of Pennsylvania (Wharton) $178,692 Stanford University $176,956 University of Virginia (Darden) $176,167
Male MBA graduates make an average of 20% more than female graduates.
Men with an MBA degree make an average of $180,000 annually, while women with the degree make an average of $150,000 annually. While the overall averages change based on years of experience, men still consistently make more than women.
Male Vs. Female MBA Salaries Over Time
Years of experience Men Women 0-2 $144,956 $133,511 3-5 $172,469 $151,951 6-8 $194,460 $174,387 9+ $241,607 $179,159
MBA Cost Statistics
Considering the cost is often the largest factor in deciding whether or not you want to pursue an MBA. To help you decide, here are some general MBA cost statistics:
The average cost of an MBA is $61,800.
However, this can vary wildly from student to student, depending on the school, amount of financial aid, and more. Realistically, an MBA can cost anywhere from $30,000 to over $200,000.
Private school MBAs can cost up to 10x more than public school MBAs
Some public and online MBA schools offer MBAs for as little as $10,000-$20,000, while those who attend private schools (especially Ivy League schools) can expect to pay anywhere from $100,000 to over $200,000.
MIT Sloan offers the most expensive MBA program in the US at an astonishing $241,984.
That could almost buy you a house in 2023, but MIT Sloan also isn’t alone in charging high prices. Other institutions with the most expensive MBA programs include:
Top 5 Most Expensive Schools For MBA Programs
School Average MBA program cost MIT (Sloan) $241,984 New York University (Stern) $240,945 Stanford University $239,928 University of Pennsylvania (Wharton) $230,864 Dartmouth College (Tuck) $226,620
Cameron University has the cheapest online MBA program, costing only $4,590.
Online MBA programs, especially those offered by public schools, are by far the cheapest options available. Other among the top five cheapest include:
Top 5 Cheapest Schools For Online MBA Programs
School Average MBA program cost Cameron University $4,590 Georgia Southwestern State University $4,892 Southeastern Oklahoma State University $5,040 Eastern New Mexico University $5,351 Fayetteville State University $5,835
The average MBA graduate has $75,000 in debt.
Similarly to the cost of the MBA, the average debt can also vary greatly between students. Debt from MBA programs in the US tends to fall anywhere between $10,000 to $222,000.
The average MBA textbooks cost between $1,000-$4,000.
This is considerably more than the average for postgraduate students in general, which is between $628 and $1,471.
Online MBA programs cost an average of 25% less than on-campus programs.
The average cost of an online MBA program is $4,660, making it cheaper than any other option.
68% of MBAs are sponsored by a company.
Many companies have a vested interest in ensuring their employees become more effective in the workplace. Sometimes, this even includes sponsoring their employee’s education.
MBA Age Statistics
Students can attend MBA programs and achieve a degree at any age, but there are important averages to examine. For example:
The average age of MBA students is 28 years old.
This would seem to indicate that it’s common for postgraduate students to take time off between obtaining degrees, as the average age of an undergraduate student is 18-22.
The middle 80% age range of MBA students is 25-31.
Many people feel uneasy about going for an MBA in their mid-30s; however, there are plenty of students who attend MBA programs at later ages and can still reap the benefits of the degree.
The average work experience of those attending MBA programs is between 50-75 months.
The highest average among schools is at the University of Washington (Foster), where students have 73 months of work experience on average. By contrast, Stanford students only have an average of 53 months of work experience.
Average Age and Work Experience At MBA Programs By SchoolSee Alsostanford gsb interview invitations 2024Northwestern Early Decision Acceptance Rateaustralian gpa to usAnderson FEMBA Current Student Shares his Experience and Advice
School Average age Average work experience (in months) Stanford University 27 53 University of Chicago (Booth) 28 60 Harvard Business School 27 55 University of Pennsylvania (Wharton) 28 60 Northwestern University (Kellogg) 28 61 MIT (Sloan) 28 59 Columbia Business School 28 60 University of California Berkeley (Haas) 28 65 Dartmouth College (Tuck) 28 63 Yale School of Management 28 58 University of Virginia (Darden) 27 61 University of Michigan (Ross) 27 65 Cornell University (Johnson) 28 59 Duke University (Fuqua) 29 67 UCLA (Anderson) 28 61 New York University (Stern) 28 63 Carnegie Mellon University (Tepper) 28 68 University of Texas at Austin (McCombs) 28 66 University of Southern California (Marshall) 28 62 University of Washington (Foster) 29 73
Only 16.4% of students in MBA programs enter at age 25.
While an average of 12.5% of students enter MBA programs when 30+ years old, making older students more common than you might think.
MBA Admissions Statistics
Applying to an MBA program doesn’t guarantee you’ll be admitted, especially at Ivy League institutions. Here are some stats that show the average MBA admission rates in 2023:
MBA Acceptance Rates of Top 20 US Schools
|1||University of Chicago (Booth)||22.6%|
|2||University of Pennsylvania (Wharton)||18.2%|
|3||Northwestern University (Kellogg)||26.0%|
|8||University of California Berkeley (Haas)||17.6%|
|10||University of Michigan Ann Arbor (Ross)||20.2%|
|11||Dartmouth College (Tuck)||29.5%|
|12||Duke University (Fuqua)||19.5%|
|13||New York University (Stern)||19.2%|
|14||University of Virginia (Darden)||29.9%|
|15||Cornell University (Johnson)||29.5%|
|16||Carnegie Mellon University (Tepper)||29.7%|
|17||University of California Los Angeles (Anderson)||29.8%|
|18||University of Texas Austin (McCombs)||35.5%|
|19||University of North Carolina Chapel Hill (Kenan-Flagler)||44.3%|
|20||University of Southern California (Marshall)||23.0%|
Stanford has the lowest MBA acceptance rate of only 6.2%.
Stanford and other elite Ivy League schools have very low acceptance rates, with others among the top five lowest, including: MIT (12.1%), Harvard (12.5%), Columbia (15.7%), and Northeastern University (16.7%).
The average MBA program acceptance rate is 18.4% as of 2021.
While this is a bit skewed by private institutions like Stanford, which have remarkably low acceptance rates, MBA programs on the whole are highly competitive.
MBA Program Acceptance Over Time
Year Average acceptance rate Applications Admits 2021 18.4% 57,975 9,484 2020 22.3% 57,187 11,324 2019 19.7% 50,439 8,664 2018 17.2% 53,907 8,397 2017 16.0% 57,311 8,309 2016 14.5% 54,694 7,934
The MBA acceptance rate is currently 27% higher than it was in 2016.
MBA acceptance rates seem to be increasing over time, though they did hit an all-time peak in 2020.
How old is the average MBA student?
The average MBA student is 28 years old. With the middle 80% age range of MBA students being 25-31 years old. This is very consistent within all of the major US colleges, with most average ages ranging between 27-29 years old.
However, it is important to note that there are students outside of this age range. 16.4% of MBA students enter at age 25, and 12.5% enter at 30 or older.
How much does an MBA cost?
The average MBA costs $61,800. However, the range of costs can vary greatly, with MBA programs in the US costing anywhere from $30,000 to over $200,000.
In addition to tuition fees, it’s also important to consider other costs as well, such as housing or books. Textbooks, for example, cost MBA students between $1,000-$4,000.
How much does an MBA increase your salary?
Having an MBA degree increases your salary by an average of $36,742. This also depends significantly on the industry, with the top five biggest average increases coming from:
Food, Beverage, and Tobacco: +$41,249
Investment Management: +$38,844
Private Equity: +$37,739
Technology, Internet, and Ecommerce: +$36,763
Differences in average salary increase highlight how important it is to research your career, as some careers might show meager salary increases that aren’t worth the cost of a degree.
How much do MBAs make in a lifetime?
The average MBA graduate makes $4,110,000 in their lifetime. More specifically, the top 10% of MBAs make $8,045,000 on average, and the top 50% make $5,655,000. All of this is considerably higher than those with Bachelor’s degrees, who will make an average of $3,320,000 over their lifetime.
What is the acceptance rate for an MBA program?
The average acceptance rate for all MBA programs is 18.4%. This also varies depending on the prestige of the institution, whether that institution is public or private, and whether the program is online or in-person.
For example, Stanford has the lowest MBA acceptance rate of 6.2%, while online MBA programs can have acceptance rates of 90% or higher.
What is a good GPA to get into an MBA program?
A good GPA to get into an MBA program is anything between 3.0 and 3.5. A GPA at this level can get you into many schools, even ones with acceptance rates as low as 20%-30%. However, you may need a GPA of 3.5 or higher to be admitted into elite schools like Harvard, Stanford, or Wharton.
Pursuing an MBA degree can be an exciting and reliable path toward furthering your career and raising your salary. However, knowing all of the facts before you apply is important.
The average MBA increases your annual earnings by over $36,000, and MBA graduates stand to earn an average salary of over $105,000 right after graduating. However, these impressive numbers do come with the downside of owing $75,000 or more in debt.
While this debt can be mitigated by earning your degree from an online program or public college, private schools like Stanford are renowned for a reason.
When in doubt, if you’re interested in pursuing an MBA, it’s important to analyze your career and finances, as well as perfect your application for those schools with lower acceptance rates.
U.S. News – 10 Business Schools With Lowest Acceptance Rates
U.S. News – Find MBAs That Lead to Employment, High Salaries
Transparent Career – How Much Does an MBA Increase Your Salary?
BusinessBecause – What Can Business Schools Do To Reduce The MBA Gender Pay Gap?
BusinessBecause – MIT Sloan Is World’s Most Expensive MBA Program In 2021
MBA Watch – Average Age & Work Experience At Top MBA Programs
Accepted – GMAT, GPA, and MBA Acceptance Rates: The Selectivity Index
MBA Watch – ‘The Window’ Closes: Acceptance Rates At The Top 50 U.S. MBA Programs
How useful was this post?
Click on a star to rate it!
Average rating / 5. Vote count:
No votes so far! Be the first to rate this post.
Jack Flynn is a writer for Zippia. In his professional career he’s written over 100 research papers, articles and blog posts. Some of his most popular published works include his writing about economic terms and research into job classifications.Jack received his BS from Hampshire College.
What is the average age to earn an MBA? ›
Bottom Line. The bottom line is you're never too old or experienced to get an MBA. The average age of a full-time MBA student is 28 years old but that is just an average. Countless 30 something's have received their MBAs at tops schools in the US and Europe and reaped the lifelong benefits of doing so.Is MBA at 30 too old? ›
All the full-time MBA programs do accept older candidates, and there is no bar for age. But some programs are more receptive to candidates who want to pursue an MBA after 30. For example, most US programs tend to accept candidates under 30, and their average age lies at 27.Is an MBA worth it for a 40 year old? ›
Take Control Over Your Career
As one of the most versatile degrees, the MBA can help you pivot into a variety of sectors and positions. Many MBA graduates over 40 opt for consulting work, which allows them to draw on years of experience to bring expert insights to the organizations they serve.
The answer is that each person is different. For some, enrolling in an MBA or Executive MBA (EMBA) could be the best option for personal and professional growth; even at the age of 50. For others, it could be a bad investment, offering few benefits while you fork out a huge sum of money.What is the highest MBA salary 5 years post graduation? ›
|Years of experience||Average salary (women)||Average salary (men)|
If you are 24 or younger, the odds aren't in your favor. This analysis by MBA Data Guru, while unscientific, shows that many business schools penalize people that are just a bit too young. That is not to say that we haven't seen ApplicantLab users 24 and younger get admitted.Is 29 too old for an MBA? ›
Not at all. Most of the people in the program that I was in were in their 30's or older. A lot of people decide to get one after they already have business experience. I think that it actually helps to have some experience so that you take it more seriously and can apply real world situa...Is an MBA worth it in 2023? ›
So, you are considering applying to an MBA program this year but wonder whether the time, money, energy, and everything else involved in this endeavor is worthwhile. The easy answer is yes—go for it.What is the best age to enter MBA? ›
Studies suggest that the best age for pursuing a normal MBA course in India is 25-27, and for an Executive MBA, it is 28-30. However, these are just numbers, and remember that you can do an MBA at any age! You can reach out to MBA degree holders and visit B-schools for additional information.Is 28 too late to start MBA? ›
The average age of an MBA student is 28 years old. If you're considering getting an MBA at 30 or above, you might be pondering that question. While you're never too old to improve your business education, enrolling in an MBA course may prohibit you from achieving your career goals.
Is an Executive MBA better than an MBA? ›
The 'E' in EMBA stands for executive—but that doesn't necessarily mean EMBAs are superior to MBAs. They're essentially the same degree, but EMBAs are structured for current (rather than aspiring) executives and tend to be more flexible to accommodate busy schedules.Is an MBA worth it later in life? ›
“Especially when you factor in long-term career prospects, like earning potential and the ability to make an impact in an industry that's important to you, business school is a fantastic choice.” While no specific salary is guaranteed, an MBA can set you up to earn more than you would without it.How many hours a week is an MBA? ›
Full-time MBA Program
While full-time MBA programs may mean that you could have a day of classes that only runs three hours, this program isn't meant to accommodate a busy work schedule. Most full-time programs will have students devoting 40 hours per week to their studies.
Because of the comparatively high costs of an MBA, it is not a decision to be made lightly. There is also the opportunity cost forgone of the salaries they would have earned, which makes the investment heavy. Students must be certain that their education would be worthwhile.How difficult is an MBA? ›
Earning your MBA will be difficult; however, it should be an experience that challenges you to take risks in pursuit of higher learning, Beaver says. “Grad school is a collaborative setting where both faculty and students help you to be successful throughout the journey.”Is an MBA worth it with no work experience? ›
While an MBA in itself looks good on your resume, what looks even better to employers is the combination of prior work experience and an MBA. Unless you get fortunate, you will probably have fewer choices after graduation and would be forced to take whatever entry-level job comes your way.Which MBA major has highest salary? ›
Which MBA Has the Highest Salary? Three of the most paid MBA specialisations include- MBA in Business Analytics, MBA in Finance and MBA in Entrepreneurship. The salaries for each of these disciplines broadly lie in the range of 70,000 USD to 90,000 USD or 60,00,000 INR to 90,00,000 INR per annum.Which field of MBA is highest paying? ›
The highest-paying MBA concentrations include consulting, finance, and technology. Choosing a concentration can give MBA graduates high earning potential.How much do top 20 MBA graduates make? ›
|P&Q Rank||School||Median Starting Base Salary (2020)|
|5||Harvard Business School||$150,000|
But exactly how hard is it? The truth is, the difficulty of MBA admissions varies greatly by program, with MBA program acceptance rates at the top 25 business schools much lower on average (usually ranging from 10 to 30 percent) than those at mid-ranked schools (usually ranging from 35 to 50 percent).
Does an MBA require math? ›
MBA programs typically require basic math skills. Students should be able to: Perform conversions on percentages, fractions, and decimals. Represent numbers as percentages, fractions, and decimals.Is 36 too old for MBA? ›
It is never too late to pursue higher education specially if your career progresses from it. However at 36 you need to do a cost benefit analysis. Just like pitroncoso suggests Executive MBA may have the least opportunity cost. But it will completely depend on your circumstances and your goals.Who is the oldest MBA graduate? ›
The oldest candidate is Al Harms, a 68-year-old retired vice admiral of the U.S. Navy. He joined Illinois' initial January 2016 online MBA program from his home in Sanford, Fla.What is the average age of Executive MBA students? ›
An EMBA, or an Executive Master of Business Administration, is also a two-year program, but it's aimed at business executives with five years or more of managerial experience. The average age of students is 38 years old.What is the average age for Harvard MBA? ›
The average age of an MBA applicant who is admitted to the Harvard Business School is 27, with 54 months of work experience. Averages, however, often disguise wide ranges in data and can easily distort a large or small set of numbers.What is the salary for MBA 2023? ›
|MBA Graduate salaries - 1 salaries reported||₹4,51,096/yr|
|MBA Graduate salaries - 1 salaries reported||₹5,00,000/yr|
|Graduate (MBA) salaries - 1 salaries reported||₹5,12,097/yr|
|Financial Analyst, MBA Graduate salaries - 1 salaries reported||₹2,58,664/yr|
- MBA in Human Resource Management (HRM) ...
- MBA in Operations Management. ...
- MBA in International Business. ...
- MBA in Healthcare Management. ...
- MBA in Marketing. ...
- MBA in Finance. ...
- MBA in Project Management. ...
- MBA in Supply Chain Management.
Full-time MBA programs generally last two years, while accelerated programs can be completed in as little as 12 months. Ultimately, the duration of your MBA program depends on the type of program in which you enroll and whether you choose to study part time or full time.Is 33 years old too old for MBA? ›
“You're never too old,” declared NYU Stern Associate Dean of MBA Admissions and Program Innovation, Isser Gallogly, during a panel discussion at last year's CentreCourt MBA Festival in New York City. “It comes down to work experience, it depends on what your background is and what your goals are.”What is the average age of MBA students at Stanford? ›
Averages, of course, are just that: averages. At Stanford, the average 28-year-old first-year MBA student brings 53 months of work experience into the classroom (by the way that is the least amount of work experience of any top 25 program).
Is 7 years of experience good for MBA? ›
Most programs require a minimum of two years but often make exceptions for applicants who have grown up working in a family business or who have completed internships, co-ops or started their own business. There is no magic number of years of field experience that will guarantee a spot in an MBA program.How much does Executive MBA cost in the US? ›
There is no way to sugarcoat it: executive MBA (EMBA) programs can be pricey. While it's possible to earn this degree for a reasonable $25,000, most programs charge at least $60,000. Some charge much more: the most competitive EMBAs can cost over $200,000.Is 30 too old to start grad school? ›
In conclusion, no age is too old to get a graduate degree. There are so many advantages in waiting a while for further study that you may even choose to become a lifelong learner!What are the disadvantages of Executive MBA? ›
- Commuting isn't fun. ...
- You will be BUSY. ...
- There aren't as many executive programs. ...
- Recruiters aren't always fans.
EMBA programs tend to be a little more expensive on average, with costs around $55,000 and top schools ranging from $133,000. For either MBAs or EMBAs, expect the cost at top schools to be at or over $200,000.Which MBA specialization is best in future? ›
- 1) Finance Management.
- 2) Marketing Management.
- 3) Human Resource Management.
- 4) Business Analytics.
- 5) IT Management.
- 6) Healthcare Management.
- 7) Logistics and Supply Chain Management.
- 8) Operations Management.
There is a financial cost to going back to school, but prospective students should compare any fees with the ROI from an MBA. With increased earning potential, many students find an MBA quickly pays for itself.Should I put MBA after my name? ›
It's really a personal choice whether you want to do this or not. So if you feel it'll add value, then maybe you want to include it. But if you feel it won't add anything or much value at all, then perhaps it's better to leave it out.Does an MBA accelerate your career? ›
The knowledge and skills you gain in an MBA program can immediately enhance your work performance . Utilize your new fluency in business literacy, strategy and leadership to reposition yourself in your current professional environment.How many hours do MBAs work? ›
It turns out that the median number of hours racked up by an MBA in his or her first year of employment is a whopping 54 hours a week, nearly two additional days of work beyond that old 40-hour workweek, according to TransparentCareer (previously called Transparent MBA), an MBA startup that tracks self-reported MBA ...
How hard is an MBA online? ›
An online MBA degree has the same difficulty level as any business program. In addition, learners need to possess discipline, time management, and exceptional organizational skills to stay on top of their work.How many MBA classes should I take at a time? ›
While there are variations in how programs allot credits, a typical MBA program requires students to earn 36 credits by taking 12 three-credit courses over four academic semesters. Taking three courses per 15-week semester for four consecutive semesters generally constitutes full-time enrollment in these programs.At what point is an MBA not worth it? ›
An MBA is only worth the expense, time, and effort when the graduate plans to work in a business-related field, in management, or as a company founder. An MBA may not be useful for those working in other industries unless they are in management or leadership roles. Not all MBA degrees are created equal.Is an MBA more difficult than a Masters? ›
Is an MBA harder than a master's? The difficulty of a program depends entirely on the institution. Both an MBA and master's in business are graduate-level programs, and meet the same rigorous academic standards. So, neither option is inherently easier than the other.Do employers care about MBA? ›
The answer depends on your intended employer. Some companies focus on where candidates earned their MBAs, while others prioritize the degree specialization or relevant work experience.What is the hardest subject in MBA? ›
- Accounting & Economics. ...
- Management Communications. ...
- Capstone Courses & Practical Projects.
How much can an MBA increase your salary?
|Industry||Average salary increase|
You may also be asked to write about the things you read. Written assignments usually consist of essays, case studies, or case study analyses. You should know how to read a lot of dry text quickly and how to write a case study analysis.How many years should you work before MBA? ›
Three to five years of work experience is the ideal amount for a traditional MBA program, Varaiya says. He has accepted MBA applicants directly out of college in rare cases of exceptional academic credentials, but he advises MBA hopefuls to spend a few years in the workforce before heading to business school.Is it hard to get a job with an MBA and no experience? ›
Even with no experience, MBA graduates jobs can find entry-level or junior manager jobs in a variety of fields. As a graduate with a master of business administration degree, your job is to help a company manage its workforce and daily operations.
What is the minimum work experience for MBA in USA? ›
Majority of the accredited business schools shall require the candidates to have at least 2-3 years of work experience to study MBA abroad. The ranked business colleges in USA, Canada and Europe require 4-6 years of work experience.Can you make 6 figures with an MBA? ›
Although not guaranteed, earning an MBA can put you on the career path to earning a six-figure salary. MBA degrees typically lead to careers in management or business administration, and the skills learned in an MBA program can help you become a successful business leader.What is the average salary of an MBA graduate in the US? ›
What is the average salary of MBA in USA? The average salary of an MBA graduate in USA is $11,500 per annum. According to Statista, Stanford Graduate School of Business alumni earned the highest average salary with an annual income of 2487,669 U.S. dollars.Which is the best MBA to become a CEO? ›
Which MBA is best for becoming a CEO? A general MBA from a top business school is a good path to take for aspiring CEOs. However, if you already have a well-rounded business education, earning an MBA in finance or another relevant discipline could also be an effective approach.What is the difference between MBA and professional MBA? ›
Professional MBA programs are designed to accommodate students who do not have significant prior business leadership experience, whereas Executive MBA programs typically require applicants to have five or more years of experience in managerial or administrative roles.What type of MBA makes the most money? ›
The highest-paying MBA concentrations include consulting, finance, and technology. Choosing a concentration can give MBA graduates high earning potential.Which MBA has highest salary? ›
Which MBA Has the Highest Salary? Three of the most paid MBA specialisations include- MBA in Business Analytics, MBA in Finance and MBA in Entrepreneurship. The salaries for each of these disciplines broadly lie in the range of 70,000 USD to 90,000 USD or 60,00,000 INR to 90,00,000 INR per annum.Is 35 too old for MBA? ›
First, 35 is not too old to do an MBA. Many people +35 apply for an EMBA. This program is the same as the MBA only you are with people in your age cohort and all have professional experience.Is 32 too old for an MBA? ›
It is not too late to do an MBA at the age of 30 or 31. Many people pursue an MBA later in their careers, and the average age of MBA students is often around 30. In fact, many MBA programs actively seek out more experienced and older applicants, as they bring a wealth of work experience and maturity to the program.Who is the youngest person to get an MBA? ›
Now just 20-years-old, Shaw is officially the youngest person to ever be accepted and to enroll in the full-time MBA program at the Haas School.
Is 36 too old for an MBA? ›
It is never too late to pursue higher education specially if your career progresses from it. However at 36 you need to do a cost benefit analysis. Just like pitroncoso suggests Executive MBA may have the least opportunity cost. But it will completely depend on your circumstances and your goals.Is there a difference between Executive MBA and MBA? ›
Perhaps the biggest difference between MBA and Executive MBA programs is that MBA students leave their jobs, while EMBA students keep working during the program. As a result, Executive MBA classes are usually held on nights or weekends to accommodate a normal business schedule.What is an Executive MBA vs MBA? ›
An Executive MBA (EMBA) is an advanced business degree program designed for people who are about 10 to 15 years into their careers. Students enrolled in a full-time Master of Business Administration (MBA) program are typically a few years into their career.What is the average age of Harvard MBA students? ›
Average age of the class at HBS is 27 years.Is it worth it to get an MBA? ›
“Especially when you factor in long-term career prospects, like earning potential and the ability to make an impact in an industry that's important to you, business school is a fantastic choice.” While no specific salary is guaranteed, an MBA can set you up to earn more than you would without it.