Which MBA Has the Highest Salary | Regenesys

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If you are looking at getting a Master of Business Administration (MBA) degree mainly because you are interested in earning well, you had best look at the top-paying jobs before you pick your specialisations, and craft your studies accordingly.

Given that you generally need management experience to get into an MBA programme, most MBA candidates, by the time they get to business school, already have some sort of specialisation. However, some find it relatively easy to switch careers once they have the qualification under their belt.

   THIS ARTICLE COVERS:

  • What is an MBA?
  • Types of MBA specialisations
  • Which MBA graduate takes home the highest salary?
  • List of highest-paying MBA specialisations
  • Which MBA specialisations pay best abroad?

What is an MBA?

A Master of Business Administration is a prestigious programme that helps students develop business skills and expands their career opportunities. It prepares individuals for senior management and entrepreneurial roles by equipping them with knowledge of key business processes, including accounting, financial management, talent management, and marketing.

Types of MBA specialisations

While most MBAs are generalist programmes, business schools offer specialisations that enable you to do a deep dive into specific areas of interest. These commonly include:

  • Finance
  • Marketing
  • Accounting
  • Entrepreneurship
  • Business analytics
  • Analytics intelligence
  • Logistics management
  • Healthcare management
  • Supply chain management
  • Communication management
  • Talent management

Master of Business Administration

These specialisations usually combine with the core MBA management courses to expand your knowledge and expertise. In most cases, you will also be able to do in-depth research in your area of specialty, adding to the international body of knowledge on it, and solving a real problem in your chosen industry – which will be well worth boasting about on your resume.

Which MBA graduate takes home the highest salary?

Note that many of the highest-paying positions for MBAs require significant professional experience, and that your studies are simply one of the criteria for the fat pay packet you have your eye on.

While a newly minted MBA may expect a salary ranging from $30,000 to $50,000 a year, the figure will vary according to job profile, specialisation and employer organisation.

The best-paid MBA specialisations include:

  • Finance
  • Entrepreneurship
  • Business analytics

The salaries for each of these disciplines lie between $70,000 and $90,000 a year. Business analysts head the list, with salaries of approximately $126,000 annually, increasing with experience and rank in the organisation.

List of highest paying MBA specialisations

A globalised business market has led to increased demand for MBA specialisations that target core business practices such as marketing, human resources, and information technology.

According to compensation management software company PayScale, the highest-paying MBA specialisations are business analytics and finance. It also notes great demand for business school graduates in these high-earning-potential fields:

  • Marketing
  • Management
  • Real estate
  • Human resources
  • Entrepreneurship
  • Information security
  • Healthcare management
  • Information technology
  • International business
  • Global management

Which MBA specialisations pay best abroad?

Below are average salaries, and salary ranges where available, for the best-paid MBA specialisations, given by PayScale

MBA
Specialisation

Average Annual Salary

United States 

(US $)

UK

(€)

Australia

(AU $)

South Africa 

(R)

India

(INR)

Finance

98,000

54,846

74,000-158,000 299,000-1,000,000 200,000-250,000
Marketing

91,000

70,938

62,000-151,000 231,000-922,000 300,000-350,000
Economics

99,000

55,000

85,000-305,000 222,000- 240,000 400,000-440,000
Real estate

102,000

43,000

100,000 407,000-1,000,000 300,000-3,000,000
Data analytics

68,220

39,405

99,510 160,000-1,000,000 600,000-700,000
Entrepreneurship

100,000

55,000

114,000 774,000-4,000,000 700,000-800,000
Human resources

68,000

64,953

69,000-158,000 213,000-1,000,000 300,000-500,000
Business analytics

126,000

55,407

87,000-145,000 432,000-1,000,000 500,000-1,100,000
International business

93,000

45,133

55,000-96,000 156,000-628,000 500,000-1,200,000
Healthcare management

82,000

152,000

115,102 510,000-2,000,000 500,000-550,000
Information technology

97,000

55,000 125,660 197,000-664,000 900,000-1,000,000
Information security

97,000

50,266 120,000-130,000 162,000-823,000 500,000-550,000
Innovation management

98,000

48,115 110,000-130,000 900,000-955,000 2,000,000-3,000,000
Investment management

96,000

40,000 127,000-130,000 162,000-823,000 1,300,000-1,400,000

Find out more about Regenesys Business School’s MBA and other trending programmes here.

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MSc, BSc Content Writer | Regenesys Business School

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