JUST IN: Michigan Ross Inaugural Online MBA Class Establishes Competitive Benchmark for Career, Salary Outcomes
The inaugural cohort of the Online MBA Program at the Ross School of Business achieved competitive career and salary outcomes, according to newly released employment data.
The Online MBA Class of 2022 earned a mean salary of $150,673, while those in the tech and consulting industries saw a median base salary of $165,000. This year’s graduates also received an average $26,868 signing bonus.
While the highest number of Online MBA graduates went into general management, many others chose to pursue positions in consulting, tech, and finance. In addition, 21% chose impact and sustainability roles.
“We are excited to share the employment data for this inaugural class of Online MBA graduates,” said Heather Byrne, managing director of the Career Development Office at Michigan Ross. “This data reflects the exceptional quality of our students; the dynamic, action-based offerings of the Online MBA Program; and the personalized career preparation and recruiting resources the Career Development Office provides them.”
Additional career-related results for the Michigan Ross Online MBA Class of 2022:
82% of graduates received a promotion since beginning the program.
27% of the offers and acceptances were school-facilitated by the Career Development Office or sourced on campus.
50% changed companies within four months after graduation.
Ford Motor Co., Amazon, and PWC/Strategy& were among the top employers, along with Boston Consulting Group, Goldman Sachs, Google, Johnson & Johnson, and EY.
“Our goal in developing the Online MBA Program was to offer working professionals a flexible, academically rigorous Michigan Ross education that would provide a solid foundation for their next career move and help them stand out to potential employers,” said Patti Russo, managing director of the Part-Time MBA Program at Michigan Ross. “We are encouraged by this inaugural employment report that we are delivering upon these key academic milestones.”
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