Harvard Business School has posted its annual employment data, which shows that the average graduate nets more than $200,000 in their first year.
This includes a median base salary of $150,000, an average signing bonus of $30,000 and a median performance bonus of $37,000, for a grand total of $217,500 in their first year, the school reports. This is a slight bump from the previous year’s numbers, with the class of 2020 averaging $500 less in salary, the same signing bonus amount and $2,000 less in performance bonuses.
Additionally, 2021 Harvard MBA holders were more likely than their predecessors to receive a job offer after graduation, with 96 percent of them reporting receiving an offer, versus 90 percent from the year before.
2021 graduates most commonly went into consulting (23 percent), private equity (14 percent) and technology-focused industries (19 percent). These numbers are largely unchanged from the previous year.