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Stanford MBAs Secure Record Salaries And Top MBA Jobs

MBA graduates from Stanford Graduate School of Business are earning record post-MBA salaries and landing exciting jobs as the business school bounces back from the pandemic

Mon Mar 7 2022

Salaries and hiring of MBA graduates have returned to pre-pandemic levels and things are no different at Stanford Graduate School of Business.

In fact, Stanford MBA graduates have seen their average starting salaries increase for the seventh year in a row.

The Stanford MBA class of 2021 earned a record average starting salary of $162k and a median of $158k.

And 96% of Stanford MBA students secured job offers within three months of graduation last year.

“More than other classes, the class of 2021 learned how to deal with ambiguity and uncertainty, and to be adaptable and resilient,” said dean of Stanford GSB, Jonathan Levin.

Read our latest Stanford MBA Jobs & Salary Review for more!

Sky-high Stanford MBA salary prospects

Among the highest-paid Stanford MBA...

in 2021 were those launching financial careers, with alums achieving an average base salary of roughly $181k.

Following closely behind, Stanford MBAs joining the consulting industry amassed impressive MBA salaries of around $166k. 

Those joining the healthcare industry also landed strong starting salaries at roughly $163k.

Stanford grads who joined the burgeoning tech industry earn average salaries of $148k.

Read more: Average MBA GPA Scores For Harvard, Stanford & Other Top US Business Schools

96d2100ec5d6b3bc8caba8ff6e97aad97a47865b.jpeg ©Stanford GSB Facebook

Stanford MBAs secure some of the best MBA jobs

Stanford’s strong links with the finance industry resulted in 33% of MBAs securing jobs in finance in 2021. 

Plus, owing to Stanford’s proximity to tech hubs and Silicon Valley companies, 29% of MBAs found jobs within the buzzing tech sector.

18% of MBAs found jobs within consulting, with 5% of grads joining the healthcare industry, and 4% landing jobs within media and entertainment.

Stanford MBAs were attracted to consulting roles across these sectors, with 20% accepting consulting jobs. Business operations and management was also a sought-after function, with 26% joining this high-flying role. 

As a result of disruptions to in-person summer internships between their first and second year, many MBAs pursued virtual internships instead.

Stanford MBAs pursue entrepreneurship one startup at a time

Entrepreneurship is on the cards for many ambitious Stanford MBAs. 18% of MBA students launched a full-time venture last year.

The most popular startup industry was technology, followed by finance and healthcare, with 49% of MBAs pursuing their entrepreneurial ventures in the West of the US.

Among these ventures was cleantech innovation startup Verne, founded by Stanford MBA students Bav Roy and Ted McKlveen. 

Verne provides low-cost and lightweight hydrogen storage for zero-emission heavy transport vehicles.

Stanford is consistently ranked among the world’s best business schools.

If you want to land a place on a top MBA program like Stanford, a strong GMAT score could help to boost your application.