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The Master of Finance (MFin) at The University of Texas at Austin’s McCombs School of Business is a great choice if you want a strong career in finance. Ranked No. 20 in the world for finance by QS, McCombs offers quality education, experienced professors, and strong career guidance. Being in Austin, a fast-growing hub for finance and tech, means students get easy access to top companies and networking opportunities.
Graduates from this program land jobs at leading firms in investment banking, consulting, and corporate finance. With its STEM designation, international students can also work in the U.S. for up to 3 years without immediate sponsorship. Knowing the McCombs MFin salary trends will give you a clear idea of the earning potential and career growth you can expect after graduation.
Average University of McCombs MFin Salary
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The McCombs MFin salary for the Class of 2024 highlights the strong career outcomes delivered by The University of Texas at Austin’s McCombs School of Business. Earnings varied based on professional experience, industry sector, and visa status, yet consistently demonstrated the program’s ability to prepare graduates for competitive, high-paying roles in finance and related fields.
Salary by Professional Experience
Experience played a clear role in shaping compensation.
- 1 year or less experience – $82,000 average salary (86% of graduates)
- 1–3 years of experience – $74,000 average salary (13% of graduates)
These figures show that even fresh graduates without extensive work history can command strong offers, reflecting the program’s employer reputation.
Please refer to McCombs MSBA Career Impacts for a detailed description of Employment Stats.
Average University of McCombs MFin Salary: Industry Breakdown
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Compensation for McCombs MFin salary outcomes varies by industry. Below is a detailed breakdown using the official Class of 2024 career outcomes data, followed by a summary table.
Manufacturing
Graduates in manufacturing roles earned an average of $92,000, the highest among all industries. These positions often involve financial planning, cost analysis, and capital budgeting for large-scale production companies. While only 9% of graduates entered this sector, the combination of technical finance skills and operational expertise drove strong salary offers.
Consulting
Consulting attracted 21% of the graduating class, with an average salary of $83,000. Many roles were in management consulting, risk advisory, and financial consulting for both large firms and boutique agencies. The variety of industries served by consulting firms means graduates gain broad exposure early in their careers.
Financial Services
As expected, financial services remained the most popular destination, hiring 39% of graduates at an average salary of $79,000. This category included investment banking, asset management, private equity, and corporate finance positions. While the average salary here is slightly lower than in manufacturing or consulting, many roles include performance-based bonuses that can significantly boost total compensation.
Energy
The energy industry hired 9% of the class, offering an average salary of $80,000. Roles typically involved corporate finance, risk analysis, and trading for companies in oil, gas, and renewables. Texas’s strong energy sector presence provided graduates with proximity to major employers.
Accounting Services
Accounting services hired 5% of graduates, with an average salary of $68,000—the lowest among all sectors. These roles, often at major accounting firms, focused on audit, tax, and advisory functions, providing a solid foundation for finance careers despite a slightly lower starting pay.
All Other Industries
A combined 16% of graduates entered industries outside the main categories, averaging $86,000 in salary. These positions spanned technology, real estate, healthcare, and government roles, highlighting the flexibility of the McCombs MFin skill set.
McCombs MFin Salary by Industry
| Industry | % of Graduates | Average Salary |
|---|---|---|
| Manufacturing | 9% | $92,000 |
| Consulting | 21% | $83,000 |
| Financial Services | 39% | $79,000 |
| Energy | 9% | $80,000 |
| Accounting Services | 5% | $68,000 |
| All Other Industries | 16% | $86,000 |
Average Salary By Student Visa Status
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The McCombs MFin salary for the Class of 2024 shows that graduates earn well, no matter their visa status. The difference between domestic and international students is small, proving that the program opens strong career opportunities for everyone.
For all students, the average base salary is $81,227, and the median is $80,000. This means most graduates are starting their careers with a solid financial foundation. Employers from top industries like financial services, consulting, manufacturing, and energy value the skills McCombs students bring, making them highly sought after in the job market.
U.S. citizens and permanent residents earned a slightly higher average salary of $82,246, with a median of $80,080. This small difference could be due to easier access to certain U.S. roles, but it’s clear that international graduates are also securing excellent offers.
For Indian students, this is especially encouraging. Many top recruiters hiring McCombs graduates operate globally, meaning visa status doesn’t limit opportunities as much as you might think. With strong career support and a respected brand, McCombs graduates step into high-paying roles both in the U.S. and internationally.
The steady salaries across both groups reflect the program’s quality—its mix of practical learning, industry connections, and employer trust ensures graduates are job-ready from day one.
| Visa Status | Average Salary | Median Salary |
|---|---|---|
| All Students | $81,227 | $80,000 |
| U.S. Citizens / Permanent Residents | $82,246 | $80,080 |
McCombs MFin Salary, Employers, and Career Opportunities
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The University of Texas at Austin’s McCombs School of Business, one of the top colleges in USA for MS in Finance, is known for helping its Master of Finance (MFin) graduates secure high-paying, competitive roles. The McCombs MFin salary reflects the program’s strong reputation, with alumni moving into sought-after positions in finance, consulting, and related industries.
While earnings can vary based on prior work experience, chosen industry, and job location, McCombs MFin graduates consistently earn salaries that rank among the best in the country for finance master’s programs—making it a smart choice for students aiming for strong career growth.
Top Companies Hiring McCombs MFin Graduates
Thanks to McCombs’ strong connections and active alumni network, graduates have been hired by leading employers, including:
- BBVA Compass
- Credit Suisse
- Deloitte
- EY (Ernst & Young)
- Goldman Sachs
- Dimensional Fund Advisors
- JP Morgan
- Wells Fargo
These are some of the most respected names in banking, asset management, consulting, and global financial services.
Popular Job Roles and Salary Ranges for McCombs MFin Graduates
- Financial Analyst – $70,000 to $90,000
- Investment Banking Analyst – $95,000 to $120,000 (plus bonuses)
- Portfolio Management Analyst – $85,000 to $110,000
- Operations Analyst – $65,000 to $85,000
- Real Estate Analyst – $70,000 to $95,000
- Acquisitions Analyst – $80,000 to $105,000
- Valuations and Business Modeling Specialist – $75,000 to $100,000
- Structured Finance Analyst – $90,000 to $115,000
These salary ranges are based on typical U.S. market data for finance master’s graduates and can be higher with prior experience or in top financial hubs like New York, Chicago, or San Francisco.
Why This Matters
The competitive McCombs MFin salary and strong job placements show that the program offers excellent career value. Graduates gain practical experience, work with respected companies, and build networks that help them grow faster in their careers.
For anyone aiming for a career in finance, whether in banking, investments, consulting, or corporate finance, the McCombs MFin offers the skills, connections, and opportunities to make it happen.
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Conclusion
The McCombs MFin salary proves that this program can open doors to great jobs and strong pay, no matter where you’re from. Graduates often find work quickly, with good starting salaries and roles in top areas like finance, consulting, and manufacturing. McCombs is one of the top-ranked business schools in the U.S. and offers a STEM program, which is a big plus for international students who want to work in the U.S. after graduation. For Indian students, it’s a chance to study at a respected school, build strong career connections, and start a job that pays well from the very beginning. It’s a smart choice for anyone who wants a successful career in finance.
