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Oxford MBA Salary

Oxford Business School MBA Salary: All You Need to Know

For students pursuing an MBA, salary is a crucial factor when considering their post-graduation career opportunities. The Oxford MBA program is known for producing graduates who go on to secure top-tier positions in various industries around the world. In this blog post, we will delve into the 2020/21 Oxford MBA salary report of graduates, highlighting the average graduate salary, salary by sector, location, and other opportunities beyond just salary.

Average Graduate Salary

The average graduate salary for the Oxford MBA program is £78,895. The overall average salary of £78,895 represents an increase of over £6,000 from the previous year's figure of £71,940, which is indeed a substantial growth. The soaring Oxford MBA salary and the resulting competition for talent underscore the highly demanding nature of the finance sector and showcase the need for MBA graduates with the requisite skills and knowledge in this area.

Average graduate Oxford MBA salary of class 2021: £78,895 (over INR 81 lakhs)

This noteworthy figure showcases the highly valuable and precious nature of MBA graduates from Oxford. Moreover, the fact that the majority of graduates landed roles in the UK and Europe, where the cost of living is generally higher than in other parts of the world, also contributes to the relatively high average salary, adding to its weighty value.

Overall, the average graduate salary for the Oxford MBA Class of 2020/21 is highly reflective of the exceptionally high demand for MBA graduates, particularly in the finance sector, and epitomizes the exalted value and premium that employers place on the highly honed and refined skills and knowledge gained from the program.

Sector-wise Salary

The Oxford MBA program has been a hotbed of talent and expertise for graduates who are keen on excelling in their respective fields. Let's delve into the distribution of sectors where Oxford MBA graduates have secured roles, along with their respective average salaries, in this in-depth analysis.

1. Finance

The finance sector is one of the top sectors that Oxford MBA graduates pursue, and this year was no exception. According to the report, 33.3% of graduates secured roles in this sector, which saw a significant increase in Oxford MBA salary from £69,800 to a whopping £87,196. This rise in salary highlights the strong competition for talent in the finance sector and demonstrates the high demand for MBA graduates with skills and knowledge in this area.

2. Consulting

The consulting sector has always been a favorite among MBA graduates. This year, 27.8% of graduates secured roles in this sector, a rise from last year's 20.8%. The consulting sector is highly competitive, and the rise in the number of graduates securing roles highlights the value of the Oxford MBA in the industry. The Oxford MBA salary in consulting sector is also significant of £77,974.

3. Global Industry

The Global Industry sector includes technology and healthcare, and this year, 32.8% of graduates secured roles in this sector. Technology made up the largest portion of this sector, with 18.3% of graduates securing roles in this field. The rise in demand for technology skills is apparent, and the Oxford MBA program is known to produce graduates with the right set of skills to succeed in this sector. The sector boasts an Oxford MBA salary of £71,972.

4. Technology

The technology sector has been on the rise in recent years, and this year, 14.5% of graduates secured roles in this sector, with an average Oxford MBA salary of £72,182. This rise in the number of graduates securing roles in this sector highlights the importance of technology in today's business landscape and the high demand for MBA graduates with skills and knowledge in this area.

5. Non-Profit Impact

The Non-Profit Impact sector accounted for 6.1% of roles secured by graduates, with an average Oxford MBA salary of £71,026. The non-profit sector presents graduates with an opportunity to make a positive impact on society while still utilizing their business skills and knowledge. It is a sector that is often overlooked, but one that provides a unique set of challenges and rewards

Location Wise Salary

The Oxford MBA program attracts a diverse range of students from around the world, and the report highlights the shift in destination countries for graduates securing roles. Let's take a closer look at the average salaries of Oxford MBA graduates in different countries:

  • UK and Europe: The majority of graduates secured roles in the UK and Europe, with an average Oxford MBA salary of around £75,000. This is a significant increase from last year's figure of 43% to 63% this year, indicating a shift in destination countries for MBA graduates.
  • North America: North America remains a popular destination for MBA graduates, with an average salary of £101,603 for this year's Oxford MBA graduates. However, the percentage of graduates securing roles in this region was relatively low, at 7.6%.
  • The Middle East and North Africa: The region emerged as a prominent destination for Oxford MBA graduates, with a significant representation and a high average salary of £86,190.
  • Asia: Asia continues to be a popular destination for MBA graduates, with 10.6% of Oxford MBA graduates securing roles in this region this year. The average Oxford MBA salary earned by graduates in this region was £70,305.
  • Latin America: Latin America has always been a challenging job market for MBA graduates, and this year was no exception, with only 1.1% of graduates securing roles in this region. The average salary earned by graduates in this region was £51,620.
  • Australia and Oceania: The region saw minimal representation from Oxford MBA graduates, with only 0.8% of graduates securing roles in this region, with an average salary of £67,410.

Thus, the Oxford MBA program has a global reputation for producing graduates who excel in various job markets. This year's report demonstrates the versatility of the Oxford MBA program and the value that employers place on the skills and knowledge gained from this prestigious degree. The significant representation in the UK and Europe, North America, Middle East and North Africa, Asia, and Latin America highlights the broad range of job opportunities available to Oxford MBA graduates worldwide.

Other Opportunities at Oxford Along With Salary

Oxford University, a renowned institution of higher education, provides myriad opportunities for career advancement and personal growth. Along with its world-class academic offerings, it has numerous programs that contribute to professional development, including the Oxford MBA program.

The Oxford MBA program is highly sought-after and stands out as an exemplar in business education. It has been crafted to create leaders, managers, and entrepreneurs capable of shaping the business world. The Oxford MBA Salary is a significant aspect to consider when evaluating this program.

Graduates from the MBA program at Oxford have been known to secure positions in top-tier organizations, often landing salaries that are well above the average for business professionals. The Oxford MBA Salary is not only a reflection of the quality education that the university provides but also of the unparalleled networking opportunities and industry connections that students are able to foster during their time at the school.

Apart from the MBA program, Oxford offers a diverse range of disciplines such as law, medicine, engineering, and humanities, all of which come with their respective opportunities and potential salary prospects. There are various research opportunities, internships, and collaboration with industry leaders, giving students a platform to excel in their respective fields. The support provided by the career services, the alumni network, and the faculty ensures that students are guided to make informed career decisions that align with their skills and ambitions.

Job Placement Records

Oxford Business School(One of the best MBA Colleges in UK) has a remarkable record when it comes to helping its students find jobs. Recent data of Year 2021-22 shows that within three months of graduating, 87% of students accepted a job offer within three months of graduation. This is a testament to the school's effectiveness in preparing its graduates for the workforce. Even more impressive is that 88% of students received a job offer during this period, underlining the school's commitment to ensuring its students have ample opportunities in the job market.

Job placement report

Top companies hiring 

Herein, we shall talk about companies in the top three sectors hiring Oxford MBA graduates so that you get a brief idea of the MNCs that you are willing to be a part of in the future:

Finance Consuting Technology
AMEX Alvarez and Marsal Amazon
Bank of America Accenture Google
CITI Bain IBM
Goldman Sachs BCG Microsoft
Inovia Capital Dalberg Palantir
Hermes Gpe EY-Parthenon Paypal

Oxford MBA Placements by Industry

Oxford Business School's MBA program consistently guides its graduates toward flourishing careers in high-demand industries, with a particularly strong presence in consulting, finance, and technology.

Placement by Industry

Oxford MBA Famous Alumni

Oxford School stands as a pillar of academic distinction having cultivated a legacy of thought leaders and innovators who have left their exceptional mark in a multitude of fields around the globe. We celebrate with immense pride the accomplishments of our distinguished alumni, whose successes echo the core principles and education they received at our venerated institution.

This version should feel more personal and conversational, capturing the pride and community spirit of the Oxford School.

Name Position
Candice Motran Investment Director, Big Society Capital
Tom Ravenscroft Founder and CEO, Enabling Enterprise
Anshu Taneja Country Director for India, VisionSpring

Conclusion

The Oxford MBA salary reveals a dynamic and diverse program that continues to generate top-tier talent for the global job market. It underscores the program's continued success in producing graduates that excel across various sectors and locations, with finance emerging as a highly competitive and lucrative market for Oxford MBA.

The university's extensive network, industry connections, and career support ensure that students are well-prepared to seize opportunities in their chosen field. In conclusion, the Oxford MBA Salary is not just a testament to the financial reward but a symbol of the prestige, knowledge, skills, and opportunities that come with being part of one of the world's foremost educational institutions. It's a pathway to success that empowers students to shape their future and make a significant impact on the world of business.

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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