MBA Jobs in USA: Salaries for Popular Specializations, Universities, Provinces, Recruiters & Internships

MBA jobs in USA are expected to rise at a rate of 8% from 2020 and 2030. In May 2021, the median annual salary for MBA Jobs in USA was USD 76,570 (~59.78 lakhs), which was higher than the USD 45,760 (~35.72 lakhs) median annual wage for all occupations. Over 1200 employers surveyed by GMAC expressed their interest in hiring graduates with MBA in USA, especially in positions involving strategy and innovation, finance, business intelligence and analytics, marketing, and consulting.

MBA is perceived by individuals as a great way to fast-track their career. It is because business schools in the USA offer opportunities to work at reputed MNCs like Amazon and Google. Perhaps that's why this country has always been a center of attraction for students all over the world. The employment rate of as high as 95% for MBA graduates is one of the leading factors that help graduate schools of the US stand-out of the crowd.

MBA in USA Employment Highlights

MBA in USA has become one of the most favored degrees in the USA because of its job opportunities. Mentioned below are the statistics of employment after MBA in USA: 

Source@https://www.statista.com/topics/2175/business-schools-in-the-united-states/#dossierKeyfigure

Top MBA Jobs in USA

MBA prepares people for growth in a range of careers; it can serve as the foundation for a variety of jobs. It is used in many fields, including business, sales, human resources, engineering, health care, and technology. The majority of MBA graduates end up in management roles, as seen by the following list of the top ten high-paying MBA careers.

MBA Jobs in US with Popular Specializations

As per the Corporate Recruiters Survey of 2022, consulting, finance and IT are the highest paying fields for MBA graduates in the USA with an average annual salary of 145,000 USD, 115,000 USD, and 115,000 USD respectively. Their job market is also the least affected due to COVID-19 as compared to other specializations like marketing, international business, human resource, etc. Though the salary packages seem high, MBA in US can cost as much as 1.2-1.6 Cr, hence it is important for an international student still planning their MBA from US to be well aware of the costs and the growth in the sectors they wish to enter. 

Planning to get MBA in US? Find out Cost of MBA for Indian Students

MBA General Management Jobs in USA

It is one of the most common and popular specializations amongst study abroad aspirants. MBA General Management trains students for a variety of management skills and tactics for organizations in any business. In the USA, it has given jobs to more than 2.4 million graduates till now and is still in demand by the recruiters.

MBA Finance Jobs in USA

It has been projected that jobs for graduates having finance degrees from USA universities are projected to grow 5% from 2019 to 2029 which is quite faster than usual. It will be creating about 476,200 new opportunities. Hence, MBA in Finance could lead you to a successful career as a banker, financial controller, chief financial officer and many such lucrative posts.

MBA IT/Technology Management Jobs in USA

This specification allows business students to learn how data moves within the industries and companies and around the world. Typical job offered to graduates of Masters in CS in USA is computer and information system managers. The number of jobs in this area is about to experience a hike of about 10% as of the current numbers which is much above the current data. Therefore, about 48,100 MBA jobs in USA will be created between 2019-2029.

MBA Human Resource Jobs in USA

Graduates of MBA Human Resource in USA are mostly engaged in planning coordination and directing the administrative functions of an organization. As of 2019, there are 165,200 jobs which are expected to experience a surge of 6% during 2019-2029, i.e. 10,400 new opportunities are projected.

MBA Marketing Jobs in USA

Students with Masters in Marketing in USA will widely be working as a market research analysts whose work revolves around studying market conditions to examine potential sales of a particular product or service. It is projected that there will be 130,300 new jobs in 2019-2029, which is about an 18% increase as of now.

Highest Paying Universities for MBA Jobs in USA

If we look at the QS Global MBA Rankings, it can clearly be observed that most of the institutes are from The USA only. From Penn to Harvard, MIT to Yale, all these highly reputed institutes have succeeded to get their names on the top of the rankings. It is a result of the quality education they provide, their highly qualified faculty, and facility loaded campuses. Also, these institutes and universities provide their students with handsome packages.

Here is provided a list of top 10 American universities that provide high-class business education along with their salaries and tuition fees.

ROI for Top Business Schools

Let us have a look through the Return on Investment of popular B-schools. The graphical image below compares the program fees of studying MBA in USA with the Weighted Salaries. 

The weighted salaries are mentioned as per Financial Times MBA rankings

Top Recruiters for MBA Jobs in USA

MBA graduates from USA universities get opportunities to work at world-renowned MNCs unlike graduates of MBA in Canada who mostly get placed in SMEs. As per the data published by Career Protocol, Amazon and Deolite are the popular recruiters in this country. They offered placement opportunities to MBA graduates of more than 25 business schools in the USA followed by Google, Bank of America, and PwC in 2019.

Here is a list of such recruiters who provide top-notch salaries to MBA graduates:

Highest Paying Provinces for an MBA Jobs in USA

Salaries offered by the companies are not even all over the country. They fluctuate according to the nature of the area. Comparatively, urban areas offer much greater salaries than rural ones.

Following data provides you with a complete idea of salaries offered for MBA jobs in USA at different provinces.

Post-Study Work Visa for MBA Jobs in USA

It is legally necessary to have a work visa after the completion of the degree to get MBA jobs in USA. All the steps while acquiring the work visa should be taken care of very carefully. Basically, there are 2 ways through which one can get their post-study work visa in the USA:

Optional Practical Training (Extends 12-month stay)

It is a temporary way to get 12 months of post-study to reside in the USA to work there. It is restricted to the student’s field of study. You must have to complete at least one academic year in the US to be eligible for OPT.

Now there may be two kinds of OPT

Pre-completion OPT: It can be availed once when the student has completed one year of studying in USA. Students can work for 20 hours a week part-time when the university is in session, else can work full time. It can be availed 90 days before the academic year ends.

Post-completion OPT: This facility can be used to acquire a work visa after completing your MBA. This allows you to work part-time or full time, as per one's comfort. It is needed to be applied before 90 days before the completion of the degree.

Know More: Part Time Jobs in USA 

H-1B Visa (Post MBA Work Visa)

This visa allows one to stay and work in America for 6 years. The student’s F-1 visa can be transferred to an H-1B visa if the US-based employer is willing to hire you. If you have continued working for the same employer for four years, then you can apply for permanent residency in the 5th year of employment. On the other side, if you have switched jobs between these 6 years, then you will be required to apply for the H-1B visa again.

MBA graduates are among the top preferences while allotting green cards because these are generally MNC managers and executives.

Watch the video below to get an immigrant’s perspective on MBA jobs in USA

How to Find MBA Jobs in USA

Finding a job or seeking a placement is not a process, it is a well-planned procedure. One should keep polishing their skills over time, keep checking the employment-related portals, and stay in touch with the trusted employment bureau.

Some top universities of USA provide in-house campus programs in which companies visit the institute and offer their packages to students. Apart from that, they also offer internships to the candidates which may turn into a full-time opportunity as per the student’s performance or according to companies' needs.

Popular Job Portals to look for MBA Jobs in Canada

Online job portals could be very helpful while searching for jobs abroad. Also, in the current global coronavirus pandemic, it becomes quite safe as you don’t even have to put a step out of your house.

Here is provided with a list of some job searching portals. Some are restricted to the graduates of USA Education System while some operate worldwide.

Careers Fetch: It is one of the top job search portals in the USA. Its free availability and powerful AI platform makes it pretty dominating. One can look for part-time, full time, online or local MBA jobs in USA here.

Career Builder: It is one of the oldest portals in the USA to look out for jobs. Founded in 1995, it has been helping students over the years to look for jobs of their preference. They are now having their offices in the USA, Canada, Europe and Asia.

Dice: It is a New York-based job portal. They are having their primary sales and urban operations in Urbandale, Iowa and Denver. They are primarily known for IT jobs but serve MBA candidates too. Popular positions like Project Manager, Business Systems Analyst, Pitch Analyst and many more are offered.

Apart from these, other popular networks like GlassDoor, LinkedIn, Indeed, ZipRecruiter, jobrapido, WayUp, jobinventory may also be referred.

MBA Jobs in USA at Internship Level

Internships don’t just provide work experience but also valuable life lessons and chances to meet perfectionists in their fields. In some universities of the USA, it is also mandatory to have at least one internship before the completion of the program. Here is a list of such top companies which provide quality internships to MBA graduates:

McKinsey:

• They provide internships for about eight to twelve weeks, in summer.
• There may be opportunities to intern for lesser weeks or during the autumn.
• Their website mentions they provide great consulting management work experience.
• Interns will be working as their client engagement team during this summer internship.

Goldman Sachs:

• As the internship begins, they teach their interns their working culture along with the benefits and responsibilities they will be having working there.
• As per their New Associate Program, top-performing interns could be invited back to join it full time.
• Goldman Sachs MBA jobs in USA at internship level lasts for 10 weeks.
• During this course, they provide knowledge of the finance industry as well as their products and services to their interns.

Google:

• MBA graduates with specialization in IT could opt for their summer internship with the global tech giant Google.
• Their internship program lasts for about 11-12 weeks.
• During this course, they allow their interns to learn about a business career in the technology industry in a practical way to enhance their skills.
• Functional areas available to interns are product management, finance, sales, account management, marketing and communications.

Amazon:

• Similar to many, their internships too last about 11 to 12 weeks.
• At Amazon, interns are given responsibilities that allow them to make reliable and strategic decisions with an urge to impact their clients and business.
• Interns are provided opportunity to work in retail, finance, product management, and operations management.

Citi:

• They have their offices in New York, Los Angeles, San Francisco, Chicago, Houston.
• Citi’s internship is typically 10 weeks long. During this course, interns are made to work along with analysts and associates.
• They also give a full-time opportunity to their interns if their performance during the internship is up to the marks.

Eligibility Criteria for MBA Jobs in USA at Internship Level

• The applicant should have a valid USA Study Permit and visa.
• The applicant should be graduating from an USA institute with a full-time degree.
• The applicant should have been enrolled for a full-time program.

Note: Due to the COVID-19 pandemic, almost all internships are shifted to work from home. Interviews and other such formalities are completed over the web only.

USA consists of the finest business schools around the world. Even in the rankings, we noticed that all the top four places were held by the universities of this country. Also, the work culture, environment lifestyle for students is a delight in the USA.

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