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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
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.
Unlocking the Secrets of Sector-Specific Jobs and Salaries
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.
1. Finance
Graduates working in finance earn the highest salaries, with the average salary being around $170,540. Some of the top recruiters in this sector are JP Morgan, Morgan Stanley, and Goldman Sachs.
2. Consulting
The average salary for graduates working in consulting is around $134,500. Some of the top recruiters in this sector are McKinsey & Company, Boston Consulting Group, and Deloitte.
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
MBA graduates working in healthcare can expect an average salary of around $119,127. Top recruiters in this sector include Roche, Johnson & Johnson, and Pfizer.
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.
A Comparative Analysis Across Locations
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.
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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.