Harvard, MIT Grads Among MBAs Who Earn Six-figure Starting Salaries

Graduates of business schools at Harvard, UPenn, Duke and Columbia receive among the highest starting salaries, according to an analysis by John Byrne at Poets & Quants.

Byrne used salary data business schools give to US News and World Report for their MBA rankings and revealed the top 10 programs in the US by average starting salary in a post at LinkedIn, Business Insider reported.

According to Byrne, US News figures are the most accurate for average salary because most schools report salary and bonus numbers separately, failing to account for the fact that some MBAs don't get a signing bonus, the report said. US News reportedly includes grads who didn't get a bonus to get a better average.

Here is Poets & Quants’ list of 39 business schools whose graduates earn a six-figure starting salary:

(Read under school, 2012 Salary & Bonus, 2008 Salary & Bonus, Change)
Harvard Business School, $142,501, $144,261, -1.2%
MIT (Sloan), $139,035, $131.087, +6.1%
Dartmouth (Tuck), $138,713, $133,407, +4.0%
UPenn (Wharton), $138,302, $136,676, +1.2%
Duke (Fuqua), $136,461 $122,742, +11.2%
Columbia, $134,868, $130,281, +3.5%
New York (Stern), $133,919, $128,968, +3.8%
Virginia (Darden), $131,906, $126,362, +4.4%
Carnegie Mellon (Tepper), $128,101, $122,944, +4.2%
Cornell (Johnson), $127,368, $122,776, +3.7%
Emory (Goizueta), $124,066, $108,107, +14.8%
Texas-Austin (McCombs), $123,177, $116,484+5.7%
Yale School of Management, $121,631, $117,366, +3.6%
UNC (Kenan-Flagler), $118,195, $110,202, +7.3%
Georgetown (McDonough), $114,744, $114,463, +0.2%
Rice (Jones), $108,587, $108,596, N.A.
Texas A&M (Mays), $104,723, N.A., N.A.
Boston College (Carroll), $102,423, N.A., N.A.
Georgia Tech (Scheller), $101,612, $105,266, -3.5%
Maryland (Smith), $101,604, N.A., N.A.
Boston University, $101,204, N.A., N.A.
Wake Forest (Babcock) $100,897, N.A., N.A.

Source: Schools reporting to U.S. News & World Report

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