Who earns more MS in finance or MBA in finance?
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On average, MBA graduates earn more than MS in Finance graduates. According to a 2021 survey by the Graduate Management Admission Council (GMAC), the median base salary for MBA graduates was $115,000, while the median base salary for MS in Finance graduates was $80,000. However, there are a number of factors that can affect salary, including the school attended, the specialization, and the work experience of the graduate.
Here is a table comparing the average salaries of MBA and MS in Finance graduates:
It is important to note that these are just averages, and there is a great deal of variation in salaries within each field. For example, some MBA graduates may earn significantly more than $115,000, while others may earn significantly less. The same is true for MS in Finance graduates.
Ultimately, the best way to determine which degree will lead to the highest salary is to research specific schools and programs. You should also consider your own career goals and interests when making a decision.
Here are some additional factors to consider when choosing between an MBA and an MS in Finance:
If you are unsure which degree is right for you, it is a good idea to speak with a career counselor or an admissions counselor at a few different schools. They can help you assess your skills and interests and recommend the best path for your future.