Master of Business Administration Salary

Master of Business Administration SalaryPossessing strong skills in leadership, management, economics, finances, markets, trade, and statistics are essential for any professional to acquire the best Master of Business Administration salary. Ultimately, these advanced skills not only provide individuals with desirable salaries, they also provide them with optimal career opportunities and bonus potentials in their field. From Accounting Managers to Executive Administrators, most business professionals acquire their skills for success through accredited Master of Business Administration Degree programs. These programs are offered by exceptional schools across the United States

One of the best MBA programs is offered by Carnegie Mellon University’s Tepper School of Business. Carnegie Mellon University’s Tepper School of Business is accredited by the Association to Advance Collegiate Schools of Business. This school offers a world-renowned Master of Business Administration Degree program to individuals who possess a Bachelor’s Degree, a minimum GPA of 3.0, and a Graduate Record Examination. The tuition cost for this program is $55,800 for the first year and $54,800 for the second year.

Another strong MBA program is found at The University of Maryland’s Robert H. Smith School of Business. The University of Maryland’s Robert H. Smith School of Business is accredited by the American Association to Advance Collegiate Schools of Business. This school offers a part-time, a full-time, and an executive Master of Business Administration Degree program to students who possess at least a Bachelor’s Degree, a minimum GPA of 3.0, and a Graduate Record Exam. For residents of Maryland, the tuition cost for each program is $1,425 per course. For non-residents, the tuition cost for each program is $1,695 per course.

Master of Business Administration Salary Details

Business professionals who possess at least an MBA can expect to earn a starting Master of Business Administration Salary of between $50,000 and $70,000 per year in a number of rewarding Master of Business Administration jobs. This starting salary range reflects a variety of factors, which include individuals’ actual occupations, their skills, their experience levels, their reputations, and their reliability as business professionals. In addition, the cost of living for the area in which individuals reside will also help determine how much they earn per year.

Provided below is a descriptive overview of some of the best, highest-paying occupations for business professionals who possess a Master of Business Administration Degree.

1. Management Analysts: Management Analysts assess a company’s internal operations to determine where it could improve its efficiency, productivity, and profitability. These professionals earn an average salary of $70,301 per year.

2. Cost Accountants: Cost Accountants are in charge of analyzing and preparing a company’s cost reports and audits. Cost Accountants earn an average salary of $81,326 per year.

3. Financial Analysts: The main role of Financial Analysts is to provide businesses and companies with feedback on where and how they should invest their capital. These professionals earn an average salary of $74,836 per year.

4. Human Resource Managers: The main role of Human Resource Managers is to oversee a company’s employment and training programs. HR Managers earn an average salary of $87,394 per year.

5. Computer Systems Managers: Computer Systems Managers are in charge of a company’s technology department. Their main role is to oversee computer and software implementation and development operations. On average, these professionals earn $135,897 per year.

Through Master of Business Administration Degree programs, students are provided with the valuable attributes of advanced skills, hands-on experiences, and reputations in the field of business. These attributes represent the biggest determining factors for professionals who wish to command the greatest Master of Business Administration salary in companies, corporations, banks, and financial institutions everywhere.