Average Salary for Harvard Business School Alumni

Students who graduate from Harvard Business School earn between about $90K from the lowest paying jobs to approximately $275K from the most lucrative. The data for this synopsis comes from former Harvard Business School students who took the PayScale salary survey.

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Harvard Business School Alumni

Median Salary by Job

Job
National Salary Data (?
XAll compensation data shown are the gross, national median (50th percentile). Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
Chief Operating Officer (COO)
4 salaries
$130,345  
   
Chief Executive Officer (CEO)
4 salaries
$222,500  
President
3 salaries
$239,662  
Product Manager, Software
3 salaries
$120,079  
Vice President (VP), Business Development
2 salaries
$162,500  
Senior Financial Analyst
2 salaries
$104,000  
Financial Advisor
2 salaries
$97,500  
Country: United States | Currency: USD | Updated: 22 May 2015 | Individuals Reporting: 87

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Industry

A large chunk of former Harvard Business School students are employed in the education industry; in fact, this is the most popular job sector for this population.

Jobs

Harvard Business School grads who become Chief Executive Officers garner financial rewards beyond any other job type for this group — these alumni rake in an average $275K annually. However, Presidents and VPs of Product Management also rank as top-earners (bringing in $240K and around $195K, respectively). Business Development Directors face rather mediocre compensation — average salaries are actually the lowest at $90K.

Locations

Many Harvard Business School grads end up living in San Francisco, Calif., deeming it the most popular city for former students of this school. It is also not uncommon to find former Harvard Business School students living and working in Seattle, Wash. — this top-paying city is a popular destination with a median salary of $180K. On the far end of the pay scale, Harvard Business School alumni often reside in Boston, Mass., which is home to the lowest pay at $116K. Other common destinations include New York, N.Y. and Washington, DC.

Degree Major

Financial compensation is highest for Harvard Business School grads with a Master of Business Administration (MBA), General & Strategic Management (average earnings climb to $172K per year). Those with a Doctorate (PhD) face salaries on the lower end, coming in at an average $75K per year.

Skills

For Harvard Business School grads, proficiency in Budget Management warrants a paycheck that is 24 percent more than other alumni salaries. Harvard Business School grads are usually competent in Project Management, and just under one-fifth of alumni continue practicing this skill in their career. Also considered top-notch skills are Strategic Planning, Leadership, and Operations Management.

Benefits and Perks

When it comes to benefits, there is room for improvement — only one-third of alumni are paid for vacation and just one-fourth of alumni for sick time. A large number of respondents take advantage of a 401(k) plan. Health insurance benefits extend to a large number of grads, and a fair number of grads sign up for dental plans. Other benefits that Harvard Business School alumni receive are a company-subsidized cell phone, a casual working environment, life insurance, and stock options.

Key Stats for Harvard Business School

Gender

Female
32 %
Male
68 %
Salary
$57,500 - $187,359
Salary
$76,428 - $191,092
Less than 1 year
1%
1-4 years
13%
5-9 years
27%
10-19 years
32%
20 years or more
27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
United States (change)

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