MBA Career Outlook

Jobs, Salaries, and Careers for MBA Graduates

  • MBA graduates generally see an MBA salary increase of 67–103% over their pre-degree salaries, depending on their industry
  • Graduates who worked in entry-level positions prior to completing their MBA can anticipate a 114% salary increase
  • Mid- and senior-level employees can anticipate a salary boost of 86% and 63%, respectively1

As a graduate of Widener’s online program, you’ll take your post-MBA career—and your earning potential—to the next level.

Prepared with a focus on personal, team, process, organizational, and financial performance excellence, you’ll have opportunities to work for a vast range of industries including health care, financial services, chemical, pharmaceutical, and defense.

Regardless of the field you work in, your leadership expertise will enable you to inspire people at your company to be and do their best.

Careers That Require an MBA

Our MBA program offers a comprehensive general business track from an institution renowned for developing civic leaders. This flexible program offers you the opportunity to take courses that align with your career aspirations and goals, so you can develop the skills to pursue a variety of positions like:

OCCUPATIONMEDIAN MBA SALARY*
Top executives$103,950
Computer and information systems managers$135,800
Financial managers$121,750
Human resource managers$106,910
Advertising, promotions, and marketing managers$127,560
Sales managers$117,960
Medical and health services managers$96,540
Management analysts$81,300

*Source: U.S. Bureau of Labor Statistics, 2016

Top Cities for MBA Earners

From April 2017 to April 2018, more than 112,000 positions were posted nationwide that require an MBA and offer more than $75,000 annually. Among the top 15 cities for these positions was Philadelphia, a quick drive from Widener University.

With your MBA from Widener, you will stand out in this competitive job market and gain access to top-earning job opportunities in cities like Philadelphia and states across the nation, including New York, New Jersey, Delaware, California, Maryland and more.

Here’s a look at top cities for MBA earners, including your potential employers and salary.

1. New York City

Put simply, New York City means business. This capital of the business world is home to not only Wall Street, but also Fortune 500 companies like Verizon, JPMorgan Chase & Co., MetLife, Citigroup, Pfizer, and Goldman Sachs, with each taking in more than $15 billion annually. That translates into a plethora of high-salary job opportunities for you.

Three of the top-paying jobs in New York require an MBA, according to U.S.A. Wage, with an average salary of up to $182,000.

2. Los Angeles

Hollywood’s home has a diverse, dynamic economy that spans a range of industries—from film, TV, video games, and music to fashion, finance, tourism, and aerospace, as well as a burgeoning tech startup scene nicknamed Silicon Beach.

The 2017 Global Financial Centres Index ranked Los Angeles as the 19th most competitive financial center, and the sixth most competitive in the U.S.

According to MetroMBA, the average starting salary for a new MBA in Los Angeles was $125,000 with a $25,000 signing bonus in 2017.

3. San Francisco

The City by the Bay and nearby Silicon Valley are a hub for world-changing startups in need of MBA-level expertise like Airbnb, Apple, Google, Lyft, PayPal, Uber, and Yelp—to name a few.

But it’s also the home of established retail clothing giants like Levi Strauss, The North Face, and Gap, as well as long-standing financial companies like Robert Half, Charles Schwab, and Wells Fargo Bank. In total, the Bay Area is second only to New York City’s tristate area in Fortune 500 companies.

According to MetroMBA, the average starting salary for a new MBA in San Francisco was up to $140,000 with a $25,000 signing bonus in 2016.

4. Washington, D.C.

Apply your business prowess to government work in the nation’s capital or in the private sector. Credentialed business professionals are in high demand among the hundreds of nonprofit, foundation, and consulting firms, as well as at Fortune 500 companies like Capital One Financial, Hilton Worldwide, Lockheed Martin, and Northrop Grumman.

According to MetroMBA, the average starting salary for a new MBA in Washington, D.C., is as high as $118,000 with a $25,000 signing bonus.

5. Boston

The home of Harvard, as well as 100-plus other colleges and universities, is packed with potential for a newly minted MBA graduate. Boston is the largest city in New England and an intellectual, medical, cultural, and financial hub for the whole region. Often regarded as New England’s unofficial capital, top MBA employers here include athenahealth, Cengage, Wayfair, MassMutual, Fidelity Investments, Putnam Investments, as well as Amazon’s Cambridge office.

PayScale.com reports an average salary of $104,746 for graduates with a master of business administration.

13. Philadelphia

As the fifth largest city in America, and a hub for a plethora of industries including financial services, tourism, and bioscience, the City of Brotherly Love boasts countless opportunities for MBA graduates. Top MBA employer include hometown Fortune 500 companies like Comcast and Aramark, in addition to Deloitte, Accenture, FCM Corporation, and more.

According to MetroMBA, the average starting salary for a new MBA in Philadelphia was up to $125,000 in 2016.

Other top U.S. cities for MBA earners include Atlanta, Chicago, Dallas-Fort Worth, Detroit, Houston, Miami, San Diego, San Jose, and Seattle.

Help your resume rise to the top of the applicant pile in these cities and beyond with a standout, AACSB-accredited education from Widener University.

Sources: PayScale.com, MetroMBA, Burning Glass, 2018.

Growing Opportunities in Unique Specializations

At Widener, not only do we offer the world-class general business track, but you can also choose to concentrate in one of two unique and growing areas of business: health care management and business process management.

Business Process Management

Master a process-centric approach toward leadership with the Business Process Management concentration and prepare yourself for opportunities in a rapidly growing field.

According to the U.S. Bureau of Labor Statistics, the number of management analyst positions (which includes business process management experts) is expected to increase by 14 percent from 2016 to 2026, faster than the average for all occupations.2

With this concentration, you will be equipped with skills across management, consultant, and analyst roles such as:

OCCUPATIONMEDIAN SALARY*
Business process analyst$62,831
Business process manager$78,192
Management analyst$81,300
Project manager (IT)$85,605
Information systems analyst$63,138
Information security specialist$73,402

*Source: Payscale, 2018

Health Care Management 

Our Health Care Management concentration prepares you for administrative and leadership roles in the health care industry or health-related fields like insurance and pharmaceuticals. You will build upon your natural talents for relationship management, servant leadership, and communication to improve and streamline processes that affect cost and outcomes in health care settings.

Health care accounts for more than 13 million United States jobs and counting. It’s one of the fastest-growing fields in our nation, and it will employ more people than any other industry in the next 10 years—providing you with tremendous job opportunities. When you graduate, you’ll be prepared for a variety of positions, like:

OCCUPATIONMEDIAN SALARY*
Health information management director$71,172
Health care administrator$96,540
Health care services manager$64,702

*Sources: U.S. Bureau of Labor Statistics, 2016; Payscale, 2018

Salaries in this field can vary depending on the type of health care facility. For example, the U.S. Bureau of Labor Statistics states that the median compensation for administrators was:

  • $104,340 in state, local, or private hospitals
  • $104,110 in government health facilities
  • $89,480 in outpatient care centers
  • $87,540 in physicians’ offices
  • $80,340 in nursing and residential care facilities3

Grow Your Business Career with Widener

With a strong focus on social responsibility, the liberal arts, and thriving areas of concentration, an online MBA from Widener prepares you to seize leadership opportunities and make a difference in your organization.

Ready to take the next step? Call a program manager at 1-844-386-7321 or request a free program brochure.

1Daniels, R. (n.d.). 2015 Global Management Education Graduate Survey Report (Rep.). Retrieved March 26, 2018, from Graduate Management Admission Council website: https://www.gmac.com/market-intelligence-and-research/research-library/curriculum-insight/2015-global-mgt-ed-survey.aspx
2Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Management Analysts, https://www.bls.gov/ooh/business-and-financial/management-analysts.htm (visited March 26, 2018).
3Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Medical and Health Services Managers, on the Internet at https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm (visited March 26, 2018).