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Key Takeaways
- The average University of Cambridge MBA salary is around £73,985 per annum post-graduation.
- On average, graduates see a salary increase of 80-100% compared to their pre-MBA earnings.
- Graduates entering consulting, finance, and technology sectors often command the highest salaries, with many earning over £100,000.
- Graduates working in North America and the UK tend to have higher average salaries compared to those in other regions.
The University of Cambridge MBA salary outcomes are among the highest globally, reflecting the program's strong reputation and the career growth it fosters. Graduates of the Cambridge MBA often secure roles in top global firms, enjoying significant salary hikes post-MBA. In this guide, we will explore the salary statistics, industries with the highest pay, and how Cambridge MBA graduates fare in terms of career progression and compensation.
Average University of Cambridge MBA Salary
Average graduate University of Cambridge MBA Salary: £73,985 (over INR 78 Lakhs)
According to the University of Cambridge employment report, the University of Cambridge MBA salary of graduates is around £73,985 with the average package salary being £91,083. The salary is well above the average salary of a graduate, highlighting the benefits of studying an MBA at the university.
Please refer Career Impact for detailed analysis of Cambridge salary.
Sector-Wise Opportunities & Earnings
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University of Cambridge MBA Salary are highly sought after in a variety of sectors. Some of the top sectors that offer high-paying jobs for University of Cambridge MBA graduates are Finance, Consulting, Technology, Healthcare, and Consumer Goods. On average, MBA graduates from the Cambridge Judge Business School earn salaries ranging from $101667 to $177917, depending on the sector they work in.
| Sector | Average Salary (£) | Highest Salary (£) | Key Employers |
|---|---|---|---|
| Consulting | £85,000 | £120,000 | McKinsey & Company, Bain & Company, BCG |
| Finance | £80,000 | £150,000+ | Goldman Sachs, J.P. Morgan, Citi |
| Technology | £95,000 | £130,000 | Google, Amazon, Microsoft |
| Healthcare/Pharma | £75,000 | £100,000 | Pfizer, GlaxoSmithKline, Johnson & Johnson |
| Venture Capital/Private Equity | £110,000 | £200,000+ | Sequoia Capital, KKR, Blackstone Group |
1. Finance
The finance sector, despite a slowdown in recruitment compared to previous years, continues to attract approximately 30% of MBA graduates. Roles in finance vary from investment banking to financial analysis, often in major financial centers like New York and London.
2. Consulting
Consulting remains a top choice for MBA graduates, with 27% of the class entering this sector. Consulting firms value the strategic thinking and analytical skills developed during an MBA, offering roles with significant growth potential and attractive compensation packages.
3. Technology
Graduates working in the technology sector can earn salaries ranging from $80,000 to $120,000, with an average salary of around 100,000 GBP. Top recruiters in this sector include Amazon, Google, and Microsoft.
4. Healthcare
The healthcare and pharmaceutical industries are proving to be resilient, with MBAs finding roles in project management, business development, and strategic operations, benefiting from the sector's focus on innovation and long-term sustainability.
5. Consumer Goods
Graduates working in consumer goods can expect salaries ranging from $100,317 to $125,400, with an average salary of around $114,387. Top recruiters in this sector include Unilever, Procter & Gamble, and Nestle.
The employment statistics underscore a robust adaptability among MBA graduates to pivot into various functions and industries globally, with many achieving significant career transitions post-graduation. These transitions are often marked by changes in job function, industry, and even country, with a notable percentage managing to change all three, underscoring the flexibility and international mobility an MBA affords.
Global Salary Trends
The location where a graduate works can also have an impact on their salary. Graduates working in London typically earn higher salaries due to the high cost of living in the city.
On average, Cambridge MBA program graduates working in London earn around $125,400, while those working in other parts of the UK earn around $112,850. Graduates working in other countries can expect to earn salaries that are on par with or higher than those MBA colleges in UK.
1. London, UK: With an average post-MBA salary ranging from $90,000 to $130,000, London stands as a beacon for diverse career opportunities in finance, consulting, and technology. Its global status ensures some of the highest remuneration packages in the UK.
2. Cambridge, UK: While not matching London's scale, Cambridge offers competitive salaries, particularly in its flourishing technology and biotech sectors. Graduates can expect to earn between $65,000 to $100,000, leveraging the region's innovation-driven economy.
3. New York City, USA: Securing a position in New York City post-MBA, especially in finance and consulting, promises some of the highest global MBA salaries, averaging between $120,000 to $180,000. However, the city's soaring living costs offset these impressive earnings.
4. San Francisco, USA : Entering the tech industry in Silicon Valley, MBA graduates from the University of Cambridge can anticipate substantial salaries averaging between $130,000 to $200,000. Despite the allure of high pay, the region's housing costs pose a significant consideration.
For better analysis of employment, please refer Cambridge MBA Employment Report.
Discover the Top Recruiters
Discover the top recruiters for University of Cambridge MBA salary offered to students. This list features leading companies seeking talent from this renowned institution. Whether you're interested in finance, technology, or other fields, these recruiters offer great opportunities. Explore the list and kickstart your career journey today!
| Company | Positions Hired For | Average Salary |
|---|---|---|
| Argus Media | Business Analyst, Market Analyst | $90,000 - $110,000 |
| Boston Consulting Group | Consultant, Associate Consultant | $140,000 - $170,000 |
| Kearney | Management Consultant | $130,000 - $150,000 |
| McKinsey & Company | Associate, Junior Associate | $150,000 - $180,000 |
| Roland Berger | Consultant, Junior Consultant | $130,000 - $160,000 |
| Siemens | Project Manager, Business Analyst | $100,000 - $130,000 |
| Unilever | Brand Manager, Marketing Analyst | $110,000 - $130,000 |
Please refer Career options with MBA for detailed description of Career Prospects after Cambridge MBA.
University of Cambridge MBA Famous Alumni
The University of Cambridge Judge Business School has a distinguished roster of MBA alumni who have excelled in various fields, showcasing the broad applicability and prestige of their MBA program. Here are some highlights of notable alumni who have made significant career transitions and impacted diverse sectors:
| Name | Current Position |
|---|---|
| Hendrik Westerink | Consultant, Boston Consulting Group |
| Audrey Aw | Consultant, Bain |
| Rezvan Ahmed | Senior Project Development Manager, CrossBoundary Energy |
| Tonalli Arreola | Expansion and Rider Operations, Flink |
Journey to the Cambridge MBA - Russell Anderson
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Conclusion
The University of Cambridge MBA salary is quite impressive, and getting an MBA can really boost your career and financial future. However, it's a big decision that requires a lot of thought and commitment, especially when asking yourself, "Is an MBA worth it?" As we've discussed in this blog, whether an MBA is worth it depends on your personal goals and situation. When looking at the best MBA colleges in the UK, it's important to choose a program that fits your career goals and offers strong earning potential, like the University of cambridge mba salary.
