Average Salary for Harvard Business School Alumni

Graduates of Harvard Business School typically end up making between $78K and around $293K. This summary is derived from information given by Harvard Business School grads who completed 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$100K$200K$300K
Chief Executive Officer (CEO)
6 salaries
$275,000  
   
Chief Operating Officer (COO)
4 salaries
$130,345  
President
3 salaries
$239,662  
Business Development Director
3 salaries
$90,000  
Product Manager, Software
3 salaries
$120,079  
Vice President (VP), Business Development
2 salaries
$162,500  
Senior Financial Analyst
2 salaries
$104,000  
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 98
United States (change)

Industry

The education industry registers as the most common industry among alumni. Those with an education from Harvard Business School earn an average of about $148K.

Gender

After graduation, disparities in salary rise to the surface — females tend to earn $162K per year compared to males' $128K.

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 approximately $293K annually. However, Presidents and General Manager VPs also rank as top-earners (bringing in $220K and about $135K, respectively). Relative to other positions, compensation dwindles for Executive Directors; alumni in this role face average salaries of $78K.

Locations

San Francisco is a hub for Harvard Business School graduates — a large number call this city home. Harvard Business School alumni seeking the highest salaries end up in Seattle, which offers median salaries of $200K. Though New York takes the cake for lowest pay among Harvard Business School grads (the median salary is $115K there), it remains a common destination for former students. Boston and Washington, DC are popular choices as well.

Degree Major

Among the highest-paid Harvard Business School alumni are those with a Master of Business Administration (MBA), Business Administration — they earn close to around $180K per year. Graduates holding a Master of Business Administration (MBA), Management (MGT) fare the worst in terms of compensation with yearly salaries of $77K.

Skills

Harvard Business School grads who have experience with Budget Management can expect to make 23 percent more than other alumni (approximately $182K on average). Harvard Business School grads are usually competent in Leadership, and one-sixth alumni continue practicing this skill in their career. Demonstrated ability in Strategic Planning, Operations Management, and Project Management rank among leading skills as well.

Benefits and Perks

A lucky minority (about one-third of alumni) are fortunate enough to be compensated for vacation while just one-fourth of alumni get sick time. Health coverage is awarded to the greater part of survey participants, and dental insurance is issued to a fair portion of alums as well. A solid majority of respondents save up for retirement through a 401(k) plan. 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
30 %
Male
70 %
Salary
$50,684 - $190,000
Salary
$76,630 - $187,713
Less than 1 year
2%
1-4 years
13%
5-9 years
26%
10-19 years
32%
20 years or more
28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
$88,084 - $173,670
$62,400 - $175,841
$30,201 - $130,130
$157,222 - $228,907

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