Table of Contents
Key takeaways:
- Explore the overall average salary that graduates can expect
- Understand the salary variations in Consulting, Finance, Marketing, and Tech
- Get insights into how salaries differ across various job functions
- Discover how salaries vary based on geographic locations
Introduction
Pursuing an MBA from a prestigious institution like UCLA Anderson can be a transformative step for your career. With a strong reputation and a network of successful alumni, UCLA Anderson offers numerous advantages for aspiring business leaders. One of the most compelling reasons to consider this program is the impressive UCLA Anderson MBA salary graduates can command.
Average UCLA Anderson MBA Salary
The average salary for UCLA Anderson MBA graduates for the class of 2023 is $150,000.
UCLA Anderson MBA salaries can vary based on factors such as industry, years of experience, and job location. However, the average starting salary for UCLA MBA graduates ranges from $61,984 to $215,000 annually.
This impressive figure reflects the high-quality education offered by the program, which equips graduates with the skills and knowledge needed to excel in their chosen careers. UCLA MBA Program provided an employment rate of 86.9% in 2023.
To Know more the details, UCLA Anderson MBA | Class 2022-23 Employment Report
Year-on-Year Trend in UCLA Anderson MBA Salary
The salary for UCLA Anderson MBA graduates has shown a commendable upward trend in recent years. Graduates have consistently benefited from substantial salary hikes, reflecting the growing demand for Anderson alumni in the job market. This positive trend underscores the value of a UCLA Anderson MBA, making it a worthy investment for aspiring professionals.
Below is a table listing the average salaries for the past six years, highlighting this impressive growth:
Graduation Year | Average Salary |
2023 | $150,000 |
2022 | $145,000 |
2021 | $130,000 |
2020 | $130,000 |
2019 | $125,000 |
2018 | $125,000 |
UCLA Anderson MBA Salary Across Different Sectors
UCLA Anderson School of Management provides MBA programs that equip students with the skills to take on leadership positions across different sectors. Graduates can expect lucrative salaries based on the sector they choose to work in. Some top sectors for UCLA Anderson MBA graduates include technology, consulting, finance, and healthcare.
The salary for UCLA Anderson MBA graduates ranges for these sectors vary, with technology being the highest-paying sector and healthcare being the lowest. However, regardless of the sector, UCLA MBA graduates can expect competitive salaries and excellent career prospects.
The percentage of students pursuing UCLA Anderson Career impact in healthcare increased by 50% from the previous year. 39% of students received full-time offers from their summer internship employers, increasing nearly 5% from the last year.
The following table will provide you with insightful information about the average salaries across different sectors and the top employers:
Sectors | Median Salary | Top Employers |
Consulting | $182,500 | Deloitte, EY Parthenon, Bain & Company |
Entertainment & Media | $132,500 | Mattel, Meta, Paramount |
Financial Services | $175,000 | Bank of America, Credit Suisse, Morgan Stanley |
Healthcare | $133,000 | AbbVie, Johnson & Johnson, Medtronic |
Technology | $142,800 | Amazon, Microsoft, Google |
To know more: UCLA Anderson Fully Employed MBA
1. Consulting
Consulting remains one of the most lucrative sectors for UCLA Anderson MBA graduates. With firms like McKinsey, BCG, and Bain actively recruiting, graduates often secure high-paying positions. The problem-solving and strategic skills honed at Anderson are highly valued, making this a popular choice for those seeking dynamic and challenging roles.
2. Entertainment & Media
The Entertainment & Media sector offers exciting opportunities for UCLA Anderson MBA graduates, especially given its proximity to Hollywood. Graduates find roles in significant studios, streaming services, and media companies. The blend of business acumen and creative insight developed at Anderson is perfect for navigating this fast-paced industry.
3. Financial Services
Financial Services is another top sector for Anderson MBAs, with many graduates joining investment banks, private equity firms, and asset management companies. The rigorous analytical and quantitative training at UCLA Anderson equips graduates with the skills to thrive in high-stakes financial environments.
4. Healthcare
Healthcare is a growing field for UCLA Anderson MBA graduates, offering roles in hospital administration, pharmaceuticals, and biotech companies. The program's focus on leadership and innovation prepares graduates to tackle complex challenges and drive healthcare delivery and management improvements.
5. Technology
Technology continues to attract many UCLA Anderson MBA graduates, with many joining leading tech giants and startups. The program's emphasis on entrepreneurship and digital transformation ensures graduates are well-prepared to excel in product management, operations, and strategy roles within the tech sector.
Function-wise Split of UCLA Anderson MBA Salary
The function-wise split of UCLA Anderson MBA salaries reveals significant variations based on graduates' roles. Those entering high-demand functions such as Consulting and Finance often command higher starting salaries, reflecting the premium placed on these skills in the industry. Marketing and Product Management roles offer competitive compensation, making them attractive options for graduates.
Understanding these function-specific salary differences can help prospective students align their career goals with financial expectations. Graduates can strategically choose functions that not only match their interests and skills but also offer the best economic returns.
Below is a table detailing the median salary and salary range across various functions for UCLA Anderson MBA graduates:
Functions | Median Salary | Salary Range |
Management Consulting | $180,000 | $81,069–$195,000 |
Corporation Finance | $132,000 | $110,000–$153,000 |
Investment Banking | $175,000 | $94,163–$175,000 |
Private Equity / Venture Capital | $150,000 | $105,000–$200,000 |
Project Management | $126,000 | $125,000–$200,831 |
Product Management | $147,500 | $83,144–$215,000 |
Product Marketing | $140,000 | $65,000–$170,000 |
UCLA Anderson MBA Salary Based on Location
The salary prospects for UCLA MBA graduates vary significantly based on the geographical location of their employment. In major metropolitan areas such as Los Angeles, San Francisco, and New York City, where the cost of living is higher and industries like technology, finance, and consulting thrive, UCLA MBA alumni tend to command higher salaries.
On the other hand, salaries may be comparatively lower in smaller cities or regions with a lower cost of living but still competitive within the local market. Factors such as industry demand, job availability, and regional economic conditions play a significant role in determining salaries for UCLA Anderson MBA graduates across different locations, highlighting the importance of considering location alongside industry specialization when evaluating post-MBA career opportunities.
The following table presents the median salaries across different regions in the USA for UCLA Anderson MBA graduates:
Location | Median Salary |
Northeast | $163,550 |
Southwest | $135,000 |
Midwest | $146,400 |
Mid–Atlantic | $142,800 |
South | $130,000 |
West (excluding California) | $142,400 |
California | $157,500 |
Consulting experts can be invaluable in navigating the UCLA Anderson MBA admissions process, understanding the potential ROI, and assessing salary prospects. Admissions consultants offer personalised guidance, helping you craft a compelling application that highlights your strengths and aligns with UCLA Anderson's values.
They can also provide insights into the specific criteria the admissions committee looks for, increasing your chances of acceptance into this prestigious program.
Furthermore, experts can help you evaluate the financial aspects of pursuing an MBA at UCLA Anderson. Based on historical data and current trends, they can advise on financing options, potential scholarships, and expected salary outcomes.
By leveraging their knowledge, you can make informed decisions that maximise your investment and position you for success in the competitive job market post-graduation.
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Conclusion
The UCLA Anderson MBA program stands out among the top MBA colleges in the USA, offering impressive salaries for graduates. Graduates consistently secure high-paying roles across diverse industries, underlining the program's ability to enhance earning potential.
This success reflects UCLA's strong curriculum, excellent reputation, and robust career support, making it a leading choice for advancing business careers.