In a challenging economic environment, members of the MBA Class of 2020 found positions in every industry and at comparable salaries to students in previous years. The data below provides more information about compensation for our most recent graduating class. For complete details, including historical trends, see our Employment Report, Full-Time MBA Employment Statistics, and Full-Time MBA Internship Statistics.
2020 Compensation for Full-Time Hires
$119,000Median Base Salary
$25,000Median Signing Bonus
Compensation by Function: Full-Time Hires
| Function | % Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| Consulting | 26% | $150,000 | $28,000–$165,000 |
| Finance/Accounting | 17% | $110,000 | $80,000–$150,000 |
| General Management | 17% | $123,500 | $60,000–$140,000 |
| Human Resources | 1% | ||
| Marketing/Sales | 29% | $111,500 | $80,000–$140,000 |
| Information Technology | 1% | ||
| Operations/Logistics | 4% | $115,000 | $100,000–$130,000 |
| Other | 4% | $125,000 | $107,000–$132,000 |
Career Outcomes
Compensation by Industry, Full-Time
| Industry | % Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| Consulting | 20% | $155,000 | $28,000–$165,000 |
| Consumer Packaged Goods | 10% | $105,000 | $90,000–$115,000 |
| Energy | 1% | I/D | |
| Financial Services | 15% | $121,750 | $80,000–$150,000 |
| Healthcare | 11% | $107,000 | $77,000–$130,000 |
| Manufacturing | 9% | $110,000 | $60,000–$132,000 |
| Media/Entertainment | 1% | I/D | |
| Retail | 7% | $130,000 | $100,000–130,000 |
| Technology | 21% | $119,500 | $80,000–$140,000 |
| Transportation Logistic Services | 1% | I/D | N/A |
| *Other Services | 5% | $117,500 | $110,000–$160,000 |
*Includes all other industries with 2% or fewer students reporting acceptances.
Compensation by Geographic Region, Full-Time Hires
| Geographic Region | % Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| International | 3% | $60,000 | $28,000–$77,000 |
| Mid-Atlantic | 7% | $117,500 | $80,000–132,000 |
| Midwest | 46% | $115,000 | $82,500–$165,000 |
| Northeast | 12% | $141,000 | $90,000–$165,000 |
| South | 7% | $107,500 | $80,000–$155,000 |
| Southwest | 9% | $110,000 | $90,000–$150,000 |
| West | 17% | $130,000 | $80,000–$155,000 |
N/A indicates insufficient data.