Career outlook for MBA Graduates
The future is promising for Master of Business Administration graduates. According to the U.S. Bureau of Labor Statistics (BLS), management occupations, which span virtually every industry, are expected to grow faster than the average for all occupations over the next decade, with about 1.1 million openings projected each year. Manchester’s accelerated MBA degree equips you to excel in these diverse career paths.
Our MBA alumni, equipped with a strong foundation in strategic thinking and leadership, thrive as management consultants, financial analysts, marketing professionals, operations managers, human resources and business development managers, and entrepreneurs leading innovative ventures. Our MBA also prepares you for careers in healthcare, the nonprofit sector, supply chain management, banking, agriculture and many other fields.
How much do MBA graduates make?
Earning an MBA can significantly boost your earning potential. According to mba.com, the average starting salary for MBA graduates is 22-40% higher than that of bachelor’s degree holders. Additionally, a study from Transparent Career found that MBAs reported a 46% salary increase after earning their degree.
While salaries for MBA graduates vary based on job role, industry, experience and location, the BLS reported a median annual salary of $116,880 for management occupations in May 2023—more than twice the median annual wage for all occupations.