MBA Jobs in USA: Salaries for Popular Specializations, Universities & Recruiters

MBA jobs in USA showed promising career prospects for 2022 graduates. According to the Graduate Management Admission Council's June 2022 corporate recruiters' survey, the median starting salary remained steady at USD 115,000 (95.76 lakhs INR) for the fourth consecutive year. MBA jobs in USA provide a wide range of career opportunities and high earning potential for graduates. The top MBA universities in the USA offer an average starting salary of USD 188,265 to USD 198,180 (1.5 Cr. to 1.6 Cr. INR) the MBA graduates.

In order to seek employment in the USA, international students must secure the post-study work visa, known as OPT. This visa permits them to engage in work for a period of up to 12 months, with an extension of up to 36 months for STEM fields. To be eligible, international students must maintain their F-1 visa status and report their employment to their school. The top recruiters for MBA jobs in USA include Amazon, IBM, Microsoft, Google, Deloitte, Apple, Facebook, Oracle, Accenture, JPMorgan Chase, Goldman Sachs, Salesforce, Walmart, and Johnson & Johnson.

Check out the complete guide to study MBA in USA

Top Universities in USA for MBA with High Graduate Employability

The following table provides an overview of the top universities for MBA, as ranked in the QS Graduate Employability Rankings 2022. These universities are renowned for producing the most employable graduates in the USA, offering valuable insights into the institutions that excel in preparing their students for successful careers.

Top MBA Specialisation in USA

USA universities offer MBA program types in various modes, including full-time (two-year and one-year options), part-time, online MBA, and executive MBA. Here, we highlight some of the top MBA specialisations available in the USA.

• Sales and Marketing
• Finance
• Human Resources (HR)
• IT and Systems
• International Business
• Operations
• Healthcare and Hospital
• Retail
• Supply Chain
• Entrepreneurship
• Business Analytics

Here is an overview of some of the top MBA specialisations in the USA, along with the corresponding job titles associated with each field.

Top 10 MBA Jobs in USA: Salary and Top Recruiters

MBA graduates in the USA earn an average annual salary of USD 93,000 (77.44 lakhs INR). Top recruiters including Amazon, Accenture, Google, deloitte, IBM, and Microsoft offer these professionals excellent career opportunities. Table below provides insights into the salary and leading employers for the top 10 jobs in USA after MBA.

Additional MBA Jobs in USA for Graduates

MBA graduates have diverse career options in addition to the above mentioned roles. These include:

• Information Technology Manager: These professionals earned a median salary of USD 159,010 (1.32 Cr. INR) in May 2021. The field is projected to grow by 16% between 2021 and 2031, according to the BLS.
• Management Consultant: With a median salary of USD 93,000 (77.44 lakhs INR), this role offers substantial growth prospects, predicted to increase by 11% by 2031.
• Medical and Health Services Manager: This role boasts a median salary of USD 101,340 (84.38 lakhs INR), and job opportunities are expected to surge by 28% from 2021 to 2031.
• Operations Research Analyst: In May 2021, the median annual wage for these analysts was USD 82,360 (68.57 lakhs INR), and the field is set to expand by 23% from 2021 to 2031.
• Personal Financial Advisor: With a median annual wage of USD 94,170 (78.41 lakhs INR), personal financial advisors can anticipate a 15% growth in job opportunities from 2021 to 2031.

Top 10 MBA Universities in USA with 2022 MBA Graduate Salary

The Class of 2022 full-time MBA graduates in the USA from prestigious universities reaped remarkable rewards. The table below presents a compelling overview of the top 10 MBA institutions and their average starting salaries.

Top Recruiters for MBA Jobs in USA

The table below provides valuable insights into the leading recruiters for MBA graduates, offering competitive salaries in the range of USD 83,000 to USD 186,000 USD per year (69.12 lakhs INR to 1.54 Cr. INR). With industry giants like JPMorgan Chase, Google, Goldman Sachs, and more on the list, MBA professionals can anticipate promising and rewarding career opportunities in the USA.

MBA Jobs in USA: Post Study Work Visa

The post-study work visa in the USA is commonly known as the Optional Practical Training (OPT) program. OPT allows international students who have completed their degree programs in the United States to remain in the country and work for a specific period. Here's an overview of the OPT program:

• Duration: There are two types of OPT, with different durations:

Standard OPT: This allows international students to work for up to 12 months in a job related to their field of study. You can apply for standard OPT before or after graduation.

STEM OPT Extension: If your degree is in a STEM (Science, Technology, Engineering, or Mathematics) field, you may be eligible for a 24-month extension of your OPT, resulting in a total of 36 months of work authorization.

• Eligibility: To qualify for OPT, you must be in F-1 student status and have been enrolled full-time for at least one academic year. You can apply for OPT before or after graduation.
• Job Requirements: Your employment during OPT must be directly related to your major area of study. You can work for multiple employers, and your job can be paid or unpaid.
• Application Process: You need to apply for OPT through the U.S. Citizenship and Immigration Services (USCIS). It's advisable to apply for OPT as early as possible, as the application process can take several months. You can apply up to 90 days before your program completion date and up to 60 days after your completion date.
• Reporting Requirements: During OPT, you must report your employment status to your Designated School Official (DSO) and update your address information as required by law.
• Travel: You can travel within the United States while on OPT, but international travel outside the U.S. should be approached with caution, as re-entry can be subject to certain rules.
• Employment:
  • During standard OPT, you can work for any employer and switch jobs.
  • During STEM OPT, you need to have a formal training plan and work for employers who are enrolled in the E-Verify program.
• Extension: If you are on STEM OPT, you can apply for a one-time 24-month extension before your initial OPT period expires.

The OPT program is a valuable opportunity for international students to gain practical work experience in the United States after completing their education. It helps them enhance their skills, build their résumé, and potentially pave the way for future employment or other visa options in the U.S. It's important to stay informed about the specific rules and regulations governing OPT, as they can change over time.

How to Find MBA Jobs in USA

Finding MBA jobs in USA requires a strategic approach and a combination of networking, research, and job search techniques. Here's a step-by-step guide to help you navigate the job market:

• Before you start your job search, it's crucial to have a clear understanding of your career goals. What industry, function, and location are you interested in? Define your target job roles.
• Many MBA programs in the USA have dedicated career services and job placement assistance. Take full advantage of these resources, including resume workshops, interview coaching, and networking events.
• Networking is a powerful tool for job hunting. Attend MBA networking events, industry conferences, and alumni gatherings. Connect with professionals on LinkedIn and build relationships within your target industry.
• Use online job boards and company websites to search for MBA-level job openings. Websites like LinkedIn, Indeed, Glassdoor, and company career pages are excellent places to start. Customise your searches by specifying job titles, locations, and companies.
• Research companies you're interested in. Learn about their culture, values, and job opportunities. Tailor your application and interview responses to match the company's values and mission.
• LinkedIn is a powerful tool for job seekers. Create a professional profile, join relevant groups, and follow companies you're interested in. Engage with industry professionals and share relevant content.
• Attend career fairs, both on-campus and virtual. These events allow you to meet employers face-to-face and learn more about their organisations.
• Consider using recruitment agencies that specialise in MBA-level placements. They can connect you with companies seeking candidates with your qualifications.
• Ask your network for referrals. Personal recommendations from people within a company can carry a lot of weight with hiring managers.
• Some companies offer MBA internship programs that can lead to full-time positions. Look for these opportunities as they are excellent entry points into the job market.
• Ensure your resume and cover letter are tailored to the specific job you're applying for. Highlight your MBA experience, skills, and accomplishments.
• Prepare for interviews by researching the company, practising common interview questions, and highlighting your MBA-related skills and experiences.
• Keep up with industry trends, economic developments, and job market insights. This knowledge will help you make informed career decisions.
• If you are an international student, ensure that you have the necessary work authorization, such as Optional Practical Training (OPT) or a work visa, to legally work in the USA.

Pursuing an MBA in USA offers excellent career prospects, with high starting salaries and a wide range of job opportunities. Top business schools in the USA, such as Harvard, Stanford, and MIT, provide valuable education and connections for success. For international students, securing the Optional Practical Training (OPT) visa is crucial for post-graduation employment in the USA. With strategic networking, research, and job search efforts, MBA graduates can find rewarding positions and build a successful career in the competitive US job market.

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