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Manchester MBA Average Salary: Sectors, Locations & More

A famous program that gives students the chance to obtain practical business experience and build the abilities necessary to thrive in a competitive employment market is the Manchester Full-Time MBA. The possibility of earning a high Manchester MBA salary is one of its main attractions. We will examine the typical graduate pay for Manchester MBA students in this blog post, as well as how pay differs by industry and geography. We'll also talk about additional prospects open to Manchester MBA graduates.

Average Graduate Manchester MBA Salary

Three years after graduation, the graduates earn a salary of £98,300 (three years after graduation), according to the Financial Times Global MBA Ranking 2022. Not to mention the Manchester MBA program is one of the best MBA colleges in UK. With a 94% average pay rise over their pre-MBA salaries, this represents a huge boost. It is important to keep in mind that this number is an average and can change depending on a variety of elements, including the industry of employment, location, and prior job experience.

Average graduate Manchester MBA salary (three years after graduation): £98,000 (over INR 1 crore)

The Manchester Full-time MBA program is designed to help students change industries, secure a promotion, boost their salary, or relocate to a new country. It is evident that the program is effective in achieving this goal, as 82% of 2021 graduates seeking a role had accepted an offer within 3 months of graduating. This is an excellent placement rate and speaks to the quality of education and opportunities provided by the program.

Additionally, the median base Manchester MBA salary for graduates are $76,356 and $11,686, respectively. This is a substantial beginning salary for graduates, demonstrating the program's success in educating students for high-paying jobs across a range of industries.

In general, Manchester MBA graduates earn impressive starting salaries, which attests to the caliber and potency of the program. Following completion of the program, graduates can anticipate a significant increase in their pay, and they stand a good chance of finding employment within three months.

Manchester MBA Salary: Sector-wise

The Manchester MBA is a game-changer for those looking to boost their salaries and secure high-paying jobs. Graduates of the program enjoy an average salary increase of 94% three years after graduation, which is no small feat.

The average Manchester MBA salary of graduates three years after completing the program is a whopping £98,300, which is significantly higher than their pre-MBA salary of £57,000.

It's worth noting that 82% of 2021 graduates seeking a job had accepted an offer within just three months of graduating. Clearly, an MBA from Manchester can significantly increase your earning potential and make you more attractive to top employers.

1. Finance

With 21% of graduates, the financial sector is the second most popular. It covers positions in asset management, asset banking, and private equity.

2. Consulting

22% of Manchester MBA graduates work in this field, which entails giving business advice on a range of topics, including strategy, operations, and finance. MBA graduates are frequently offered competitive wages by consulting firms, with the possibility of performance-based bonuses.

3. Technology

The third most popular sector, with 19% of graduates employed in it. Product management, commercial development, and technology consulting are all possible careers in this field.

4. Marketing/Sales

20% of graduates work in the fourth-most popular sector, marketing and sales. Market research, brand management, and sales management are among the positions available in this industry.

5. General Management

With 18% of graduates, the general management sector is the fifth most popular sector overall. Operations management, project management, and general management are positions in this industry.



(These are the top five sectors where Manchester MBA graduates find employment, and earnings in each of these industries vary based on the business, the area, and the employee.)

Manchester MBA Salary Across Different Locations

If you're considering pursuing an MBA from the University of Manchester, it's natural to wonder about the potential salary after graduation. Well, the good news is that Manchester MBA program graduates have reported impressive salaries across various locations worldwide and is considered as one of the best MBA Colleges in UK. Here are some of the average salaries for Manchester MBA graduates across different countries:

  • UK: According to the Financial Times Global MBA Ranking 2022, the average salary three years after graduation for Manchester MBA graduates is £98,300. This is a significant increase from the median base salary of $76,356 reported by the University of Manchester. However, it's worth noting that 44% of 2018 graduates seeking a role remained in the UK, so competition for top positions may be fierce.
  • USA: According to PayScale, the average Manchester MBA salary in the United States is $91,000 per year. This is a bit lower than the median salary reported by the University of Manchester, but it's still a strong starting salary for many MBA graduates.
  • India: Glassdoor reports that the average salary for Manchester MBA graduates in India is around 1.5 million rupees per year, which is roughly $20,000 USD. This is lower than salaries in other countries, but it's important to consider that the cost of living in India is also lower than in many other countries.
  • China: According to the QS Top MBA Jobs & Salary Trends Report 2022, the average salary for Manchester MBA graduates in China is around RMB 340,000 per year, which is roughly $52,000 USD. This is a solid starting salary, and there are many opportunities for MBA graduates in China's fast-growing economy.
  • Australia: According to the Australian Financial Review, the average salary for MBA graduates in Australia is around $120,000 AUD per year, which is roughly $90,000 USD. This is higher than the median salary reported by the University of Manchester, but it's worth noting that the cost of living in Australia is also quite high.

Overall, Manchester MBA graduates can expect to earn competitive salaries across the globe, with salaries varying based on location, industry, and other factors. It's important for prospective students to consider their career goals and desired location when choosing an MBA program, as these factors can have a significant impact on their future earning potential.

Country Average Salary
UK £98,300
USA  $91,000 
India $20,000
China $52,000 
Australia $90,000 

Manchester MBA Famous Alumni 

The Manchester MBA (one of thhe best MBA Colleges in UK) has produced a number of successful individuals who have made significant contributions to various industries. These alumni have leveraged the knowledge and skills gained during their time at the university to excel in their careers and make a positive impact on the world.

Vikas Shah CEO of Swisscot group
Simon Collins Chairman and Senior Parter at KPMG
Sir Terry Leahy Retitted Cheif Executive at Tesco
Lisa Ronson

Commercial Director of Ronson Capital Partners

Conclusion

Anyone seeking to advance their career and increase their earning potential should consider the Manchester Full-Time MBA as a wise investment. Impressive income increases and excellent employability rates along woth high Manchester MBA salary have been reported for program graduates. Additionally, the Manchester MBA provides chances in a range of industries and locations, as well as networking and practical learning opportunities that can help students advance their careers.

 

Know Your Author
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Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
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