Here’s how much MBAs earn in investment banking, private equity
Originally Posted on efinancialcareers
If you attend a top business school, you can expect to earn well over six-figures during your first year after graduation in almost any industry. New salary data from Harvard Business School shows that the only 2018 graduates to not earn over $100k entered the government or non-profit sector. But where can you earn the most?
As you can see in the chart below, fresh MBA grads from Harvard who took jobs in private equity, consulting and at hedge funds earned the same average base salary – $150k. Those who entered investment banking take home an average salary of $125k, though they received the largest median signing bonus of $50k. Investment bankers and consultants were also much more likely to receive a signing bonus. Roughly 94% of each cohort were given a bonus after accepting an offer; those percentages dropped to 33% and 27%, respectively, at hedge funds and private equity firms/VCs.