MBA life in New York | TopMBA.com

MBA life in New York

By Pavel Kantorek

Updated June 27, 2016 Updated June 27, 2016

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With huge multi-nationals and local US firms alike basing themselves in the famous city, studying an MBA in New York has obvious career advantages.

In fact, with well-known MBA employers in the financial and consulting sectors headquartered in the city, such as McKinsey and Company, J P Morgan, Chase, CitiGroup, and American Express, New York boasts unparalleled opportunities for MBA graduates, or those seeking an internship to get their foot in the management door of a competitive industry.

MBA graduates in New York can also take advantage of non-traditional business school career sectors, as colossal brand names like Pfizer, PepsiCo, Time Warner, and Colgate-Palmolive recruit MBA graduates from the city’s business schools.

When asked about the city of New York’s most famous MBA providing institutions, most would reply with NYU Stern School of Business or Columbia Business School, rated 5th and 12th respectively in TopMBA.com’s Global 200 Top Business School Report for North America. However, other business schools in New York City include Baruch College’s Zicklin School of Business, Fordham Graduate School of Business Administration, and Pace University’s Lubin School of Business.

Outside of the city, but still in the state of New York, MBA programs from Cornell University’s Johnson Graduate School of Management, University of Rochester’s Simon GSB, Syracuse University’s Whitman School of Management, and many others can be found.

MBA salaries in New York

In terms of average MBA salaries in New York, there is unfortunately little data available. However, QS’ TopMBA.com Jobs and Salary Trends Report 2011/12 reveals that the average salary for fresh MBA graduates throughout the USA is US$92,000 per annum. Further, business schools based in, or near New York regularly report some of the highest MBA graduate salaries seen in the US.

According to the institution supplied data on TopMBA.com’s business school profiles, Cornell’s MBAs achieved an average annual salary of US$98,000 with a bonus of US$25,200, and NYU Stern MBAs saw average salaries of US$96,738 with bonuses of US$26,291. Meanwhile, Columbia Business School MBA graduates received average salaries of US$107,265, with annual bonuses of US$26,291.

This article was originally published in April 2016 . It was last updated in June 2016

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Written by

Mansoor is a contributor to and former editor of TopMBA.com. He is a higher and business education specialist, who has been published in media outlets around the world. He studied English literature at BA and MA level and has a background in consumer journalism.