Careers for MBA Graduates
Looking to increase your career potential and salary? Earning an MBA is the ideal next step for you. The average base salary and compensation increase for MBA graduates may be as high as $20,000 per year.1 An MBA is also often listed as a requirement for higher-level positions, and those leadership positions typically carry desirable salaries.
In addition to a positive impact on title and salary, MBA-holders can also benefit from a strong career outlook for business jobs. The U.S. Bureau of Labor Statistics predicts the addition of around 715,100 new businesses and finance jobs through 2031.2
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MBA Career Outlook by the Numbers
Jobs for MBA Graduates
Corporate recruiters project that MBA graduates can expect a median base salary of $115,000.3 Overall, salaries will vary by location and industry. Earning a specialized MBA degree will further enhance your salary outlook, as choosing a focused MBA will allow you to take on roles that require specific skill sets.
Use the arrows to navigate through a sampling of the roles you can pursue with one of the specialized online MBA degrees from MSOE. Salaries shown below were taken from Glassdoor as of January 2023, and reflect the average base salary for each position. Total pay displayed on Glassdoor may include cash bonus, commission, tips and profit sharing.
Practice Analyst
Practice analysts are responsible for researching, analyzing and reporting on trends relevant to their place of employment. They use data to create actionable strategies for businesses. This type of role can be found across industries. An MBA is a preferred degree for this role, with a further specialization in analytics, mathematics or another related area of study.
Explore the MBA in Advanced Business Strategy Using AI and Analytics >
Practice Analyst
Practice analysts are responsible for researching, analyzing and reporting on trends relevant to their place of employment. They use data to create actionable strategies for businesses. This type of role can be found across industries. An MBA is a preferred degree for this role, with a further specialization in analytics, mathematics or another related area of study.
Explore the MBA in Advanced Business Strategy Using AI and Analytics >
High School Principal
Principals manage the administrative aspects of the school environment, providing leadership and guidance on finances and department funding, curriculum, staff performance, and much more. Professionals in this role benefit from having a firm grasp of both education and business. Pay for this role will vary by location and school district.
High School Principal
Principals manage the administrative aspects of the school environment, providing leadership and guidance on finances and department funding, curriculum, staff performance, and much more. Professionals in this role benefit from having a firm grasp of both education and business. Pay for this role will vary by location and school district.
Senior Business Operations Manager
Business operations managers create and execute strategic business plans. They collect from departments across a company and perform cost-benefit analyses of internal programs. An advanced degree in business is typically required for senior positions, as success in this role requires a firm grasp of concepts learned on the job and taught in an MBA program.
Explore the General MBA Track >
Senior Business Operations Manager
Business operations managers create and execute strategic business plans. They collect from departments across a company and perform cost-benefit analyses of internal programs. An advanced degree in business is typically required for senior positions, as success in this role requires a firm grasp of concepts learned on the job and taught in an MBA program.
Explore the General MBA Track >
Senior Supply Chain Analyst
Supply chain analysts work with data sets to maintain and improve supply chain systems. They promote supply chain management, working with people and systems as they support and execute large-scale projects. They monitor product stock and negotiate purchases from outside a company as needed and are often responsible for negotiating pricing.
Explore the MBA in New Product Management >
Senior Supply Chain Analyst
Supply chain analysts work with data sets to maintain and improve supply chain systems. They promote supply chain management, working with people and systems as they support and execute large-scale projects. They monitor product stock and negotiate purchases from outside a company as needed and are often responsible for negotiating pricing.
Explore the MBA in New Product Management >
Product Manager
Product managers are responsible for the oversight of product development and product improvement. They create strategies around a product or product line to effectively communicate the value of the product to both the business and the consumer. They are the leaders for any new product launch. Clear communication is an essential skill for any professional in this position.
Explore the MBA in New Product Management >
Product Manager
Product managers are responsible for the oversight of product development and product improvement. They create strategies around a product or product line to effectively communicate the value of the product to both the business and the consumer. They are the leaders for any new product launch. Clear communication is an essential skill for any professional in this position.
Explore the MBA in New Product Management >
Chief Operations Officer
A chief operations officer sits in the C-suite with other top executives at a company. The operations officer, as evident in the title, is responsible for the operations of a business. They manage people, budgets and core operations, and they ensure project delivery and oversee company strategy. An MBA or related graduate degree is typically required for anyone looking to fill this role.
Explore the MBA General Track >
Chief Operations Officer
A chief operations officer sits in the C-suite with other top executives at a company. The operations officer, as evident in the title, is responsible for the operations of a business. They manage people, budgets and core operations, and they ensure project delivery and oversee company strategy. An MBA or related graduate degree is typically required for anyone looking to fill this role.
Explore the MBA General Track >
Employment for MSOE Graduates
Wisconsin is a growing hub for technical innovation, with the city of Milwaukee at the center of manufacturing. MSOE is also at the center of this hub for job placement. Holding a stellar reputation with employers, leading Wisconsin companies come to MSOE to upskill their employers or to hire our graduates. In fact, Milwaukee Tool is the #1 employer of MSOE grads.
“MSOE helped me find what I was looking for and was able to provide that within the business analytics courses. The analytics program still covers the base MBA principles, but then you take the next step on top of that into more of the analytics side of the world. I’m very happy where I am today—excited to finally have my full-time position driving those patient-facing opportunities and still being able to be a little bit of a data geek.”
Melissa M., MBA in Advanced Business Strategy Using AI and Analytics, ’20
Manager of Practice Analytics, Medical College of Wisconsin
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- Retrieved January 3, 2023, from businessbecause.com/news/mba-jobs/6951/average-mba-salary
- Retrieved January 3, 2023, from bls.gov/ooh/business-and-financial/home.htm
- Retrieved January 3, 2023, from gmac.com/-/media/files/gmac/research/employment-outlook/2022_gmac_corporate_recruiters_survey_summary_report_final.pdf
- Retrieved January 5, 2023, from glassdoor.com/Salaries/practice-analyst-salary-SRCH_KO0,16.htm
- Retrieved January 5, 2023, from glassdoor.com/Salaries/high-school-principal-salary-SRCH_KO0,21.htm
- Retrieved January 5, 2023, from glassdoor.com/Salaries/senior-business-operations-manager-salary-SRCH_KO0,34.htm
- Retrieved January 5, 2023, from glassdoor.com/Salaries/senior-supply-chain-analyst-salary-SRCH_KO0,27.htm
- Retrieved January 5, 2023, from glassdoor.com/Salaries/product-manager-salary-SRCH_KO0,15.htm
- Retrieved January 5, 2023, from glassdoor.com/Salaries/chief-operations-officer-salary-SRCH_KO0,24.htm