Which industries offer the highest MBA salaries in the UK compared to the US and Europe?

Question

Nitin Chauhan · Accepted Answer

An MBA salary varies regionally. Many industries pay lucrative salaries across the board, not only in the UK but relative to the US and Europe as well. Finance- investment banking and private equity is the deal maker at the very top. In the UK, MBA graduates can look forward to starting salaries in these fields averaging from &pound;60,000 to &pound;80,000; in the US, the figure is even higher and may reach up to $100,000 or more annually.
Another big sector that has experienced a great rise of the value of money of MBA holders is technology. Several firms across the UK mostly offer packages in between &pound;70,000 and &pound;100,000; this package usually includes an add on amount through bonus and stock options. In the US, most tech giants often provide a six-figure starting salary, and most of these kinds of positions come with incentives and more in terms of money.
Consulting companies provide attractive pay, especially for management consulting. In the UK, graduates can expect pay in the range of &pound;50,000 to &pound;75,000, while US firms such as McKinsey and BCG typically commence at a salary of $100,000, given the greater demand and higher cost of living.
Healthcare, pharmaceuticals, and many more industries are paying handsome rewards to their MBA graduates, particularly for strategic and operational positions. For example, in the UK, it will range from &pound;50,000 to &pound;90,000. For such positions in the US, it would come in $90,000 to $130,000, depending upon the organization and location.
The overall MBA salary in UK is competitive, whereas for its US counterpart, it appears to be the highest in most industries on average. Europe is mid-range. Cost of living, size of company, and specific roles have a huge influence on salary levels across these regions.
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specific roles have a huge influence on salary levels across these regions.