The entry level MBA graduate salary in the USA 2025 is one of the most discussed topics among students and professionals considering an MBA degree. In this guide, we will cover in detail how much MBA graduates earn at the start of their careers, broken down by industry, role, and location. This article explains everything you need to know about entry-level MBA salaries in the USA, helping you understand if the investment in an MBA is worth it for you.
We will also answer common questions such as:
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Which industries pay the highest starting salaries to MBA holders?
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How does the salary differ between sectors like finance, tech, consulting, and healthcare?
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What is the average monthly and annual salary for entry-level MBA graduates in 2025?
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What factors influence your starting pay as an MBA holder?
Summary Table of Entry Level MBA Graduate Salary in the USA 2025
| Industry | Average Annual Salary | Average Monthly Salary |
|---|---|---|
| Consulting | $140,000 - $160,000 | $11,600 - $13,300 |
| Investment Banking | $150,000 - $170,000 | $12,500 - $14,100 |
| Technology | $120,000 - $140,000 | $10,000 - $11,600 |
| Healthcare Management | $100,000 - $120,000 | $8,300 - $10,000 |
| Retail & Consumer Goods | $90,000 - $110,000 | $7,500 - $9,100 |
| Manufacturing | $95,000 - $115,000 | $7,900 - $9,500 |
| Government & Nonprofit | $70,000 - $90,000 | $5,800 - $7,500 |
Introduction to Entry Level MBA Salaries in the USA
The starting salary for MBA graduates in the USA continues to be among the highest for any advanced degree. In 2025, despite economic fluctuations, demand for MBAs remains strong, particularly in sectors such as consulting, investment banking, and technology. Entry-level salaries typically reflect the value employers place on the advanced management, analytical, and leadership skills MBA holders bring.
While the entry level MBA graduate salary in the USA 2025 varies by sector and region, many graduates earn between $90,000 and $160,000 in their first year, not including bonuses and benefits.
Why Entry Level MBA Salaries Vary
There are several factors that determine how much you will earn at the entry level:
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Industry: Consulting and finance pay higher starting salaries compared to retail or nonprofits.
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Geography: Cities like New York, San Francisco, and Boston offer higher salaries to offset the cost of living.
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School reputation: Graduates from top MBA programs (Harvard, Wharton, Stanford) often command higher offers.
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Work experience: Some entry-level roles consider pre-MBA experience in setting pay.
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Specializations: MBAs in finance or strategy roles tend to earn more initially than those in HR or operations.
Entry Level MBA Salaries by Industry
Consulting
Consulting firms are among the top employers of MBAs. In 2025, entry-level MBA salaries in consulting are expected to be between $140,000 and $160,000 annually, with potential bonuses pushing total compensation higher.
Investment Banking
Investment banks also pay some of the highest starting salaries for MBAs. Entry-level pay for MBAs in investment banking in the USA is around $150,000 to $170,000 annually, not including signing bonuses and performance bonuses.
Technology
The tech industry has grown into a strong employer of MBAs. Roles in product management, operations, and strategy offer starting salaries between $120,000 and $140,000, with additional stock options and bonuses.
Healthcare
Healthcare management positions offer entry-level salaries for MBAs in the range of $100,000 to $120,000 per year. Growth in this industry remains strong due to rising healthcare demand.
Retail and Consumer Goods
Retail offers lower starting salaries compared to consulting and finance, with MBAs earning around $90,000 to $110,000 annually.
Manufacturing
Manufacturing companies pay MBA graduates between $95,000 and $115,000, depending on the company and location.
Government & Nonprofit
These sectors tend to pay lower than private industries, with starting MBA salaries ranging from $70,000 to $90,000.
Monthly Pay for Entry Level MBA Graduates
Here is a closer look at monthly pay:
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Consulting: $11,600 – $13,300/month
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Investment Banking: $12,500 – $14,100/month
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Technology: $10,000 – $11,600/month
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Healthcare: $8,300 – $10,000/month
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Retail: $7,500 – $9,100/month
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Manufacturing: $7,900 – $9,500/month
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Government/Nonprofit: $5,800 – $7,500/month
Bonuses and Other Compensation
In addition to base salary, many entry-level MBA jobs include:
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Signing bonuses: Often $20,000 to $50,000 for top firms.
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Performance bonuses: Based on meeting company or personal goals.
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Relocation packages: Common for positions in high-cost cities.
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Stock options: Especially in tech and startups.
Regional Differences in MBA Starting Salaries USA
Salaries vary significantly by city and state:
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New York and San Francisco tend to offer the highest starting pay.
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Cities with lower cost of living like Dallas or Atlanta may offer lower pay but better take-home value.
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MBA holders in the Northeast and West Coast usually earn more than those in the Midwest or South.
Comparing Salaries from Top MBA Programs
Graduates from top-ranked MBA schools tend to start at the higher end of salary ranges. For example:
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Harvard Business School: ~$160,000
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Wharton (UPenn): ~$158,000
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Stanford GSB: ~$160,000
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MIT Sloan: ~$155,000
Tips to Maximize Your Entry Level MBA Salary
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Target high-paying industries and firms.
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Attend top-ranked business schools.
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Network extensively during and after your MBA program.
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Consider additional certifications to strengthen your resume.
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Be willing to relocate to higher-paying regions.
Is the MBA Investment Worth It?
Given the high starting salaries and long-term career potential, an MBA can offer an excellent return on investment — especially if you enter high-paying fields like consulting, finance, or tech.
FAQs About Entry Level MBA Salaries in the USA 2025
What is the average starting salary for an MBA in 2025?
On average, entry-level MBA graduates earn between $90,000 and $160,000 annually, depending on industry and region.
Which industry pays the highest starting salary for MBAs?
Investment banking and consulting offer the highest starting salaries for MBA graduates.
Does the MBA school affect salary?
Yes, graduates from top-tier MBA programs usually secure higher starting salaries.
Are bonuses common for entry-level MBAs?
Yes, many receive signing bonuses, performance bonuses, and other incentives.
Do all industries offer similar benefits?
No, industries like consulting and tech tend to offer better total compensation packages compared to government or nonprofits.
Final Thoughts
The entry level MBA graduate salary in the USA 2025 remains strong across many industries, with opportunities for growth and advancement. While consulting, investment banking, and technology continue to lead in terms of pay, other sectors such as healthcare and manufacturing also offer competitive starting salaries. Whether you prioritize salary, work-life balance, or career growth, understanding the salary landscape can help you make informed decisions about your MBA career.