Massachusetts MBA Degree Salary

By Henry R. Steele - January 13, 2019
Reading Time: 6 minutes

The following article discusses the salary and career outlook for graduates with a MBA degree in Massachusetts. Learn about the demand for MBAs, salary outlook, top employers, job titles, as well as MBA degree options for campus and online for graduates or career changers in Massachusetts.

MBA Snapshot

Avg Massachusetts Salary

$99,550

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State vs National

Ranked 8th

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Total Job Postings

965

Job Type

Full-Time

Min Education Level

Bachelor’s Degree

Recommended Degree

Masters or MBA

Most Common Degree

General Business Management

Most Common Experience Level

Mid Level

*Data based on job title of Product Manager

Massachusetts MBA Demand

The outlook for MBA grads in Massachusetts is booming.

National MBA Salary Outlook

The national average estimate for Product Manager was $100,735. This number is estimated from over 37,808 salaries and job advertisements from Indeed.com. This equates to an hourly salary of $52.470 and monthly of $8,395.

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$32,000

$207,000

Salary Distribution

Massachusetts MBA Salaries by Career

The following MBA career paths show the average salary derived from job postings in Massachusetts.

Project Manager$90,812 Rank: 5th

The average salary ranks 5th among states in the country. This equates to an hourly salary of $47.300 and monthly of $7,568. There were job openings from employers like Jacobs, Santander Bank, Boston University, and Dana-Farber Cancer Institute. Further, 89% of these employers were seeking Full-time workers. Others such as Internship, Commission, Part-time, Temporary, Contract were also available. Most jobs for Project Manager required an applicant to have Mid Level experience such as a MBA degree.

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$32,000

$177,000

Salary Distribution

Operations Manager$66,483 Rank: 13th

The average salary ranks 13th among states in the country. This equates to an hourly salary of $34.630 and monthly of $5,540. There were job openings from employers like CVS Health Retail, Biogen, Bristol-Myers Squibb, and Bank of America. Further, 91% of these employers were seeking Full-time workers. Others such as Part-time, Internship, Contract, Temporary, Commission were also available. Most jobs for Operations Manager required an applicant to have Mid Level experience such as a MBA degree.

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$16,000

$151,000

Salary Distribution

Financial Analyst$72,432 Rank: 9th

The average salary ranks 9th among states in the country. This equates to an hourly salary of $37.730 and monthly of $6,036. There were job openings from employers like State Street, Santander Bank, Raytheon, and Fidelity Investments. Further, 91% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Commission, Internship, Temporary were also available. Most jobs for Financial Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$33,000

$126,000

Salary Distribution

Marketing Manager$73,174 Rank: 2nd

The average salary ranks 2nd among states in the country. This equates to an hourly salary of $38.110 and monthly of $6,098. There were job openings from employers like Cardinal Health, Alnylam, Boston University, and Pegasystems. Further, 91% of these employers were seeking Full-time workers. Others such as Temporary, Contract, Commission, Part-time, Internship were also available. Most jobs for Marketing Manager required an applicant to have Mid Level experience such as a MBA degree.

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$22,000

$152,000

Salary Distribution

Management Analyst$74,297 Rank: 10th

The average salary ranks 10th among states in the country. This equates to an hourly salary of $38.700 and monthly of $6,191. There were job openings from employers like State Street, Commonwealth of Massachusetts, Santander Bank, and Raytheon. Further, 90% of these employers were seeking Full-time workers. Others such as Internship, Temporary, Commission, Part-time, Contract were also available. Most jobs for Management Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$22,000

$157,000

Salary Distribution

Operations Analyst$69,309 Rank: 7th

The average salary ranks 7th among states in the country. This equates to an hourly salary of $36.100 and monthly of $5,776. There were job openings from employers like Wayfair, Commonwealth of Massachusetts, BJ's Wholesale Club, Inc., and MIT Lincoln Laboratory. Further, 90% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Internship, Temporary, Commission were also available. Most jobs for Operations Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$30,000

$124,000

Salary Distribution

Business Analyst$95,366 Rank: 5th

The average salary ranks 5th among states in the country. This equates to an hourly salary of $49.670 and monthly of $7,947. There were job openings from employers like Arbella Insurance Group, Biogen, Homesite Insurance, and Harvard Pilgrim Health Care. Further, 90% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Contract, Internship, Commission were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$18.45

$95.70

Salary Distribution

Data Analyst$71,162 Rank: 8th

The average salary ranks 8th among states in the country. This equates to an hourly salary of $37.060 and monthly of $5,930. There were job openings from employers like State Street, Liberty Mutual, Commonwealth of Massachusetts, and Raytheon. Further, 90% of these employers were seeking Full-time workers. Others such as Internship, Temporary, Commission, Contract, Part-time were also available. Most jobs for Data Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$25,000

$140,000

Salary Distribution

Management Consultant$77,389 Rank: 27th

The average salary ranks 27th among states in the country. This equates to an hourly salary of $40.310 and monthly of $6,449. There were job openings from employers like Tailored Brands, CVS Health Retail, New York Life, and Santander Bank. Further, 81% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Commission, Part-time, Contract were also available. Most jobs for Management Consultant required an applicant to have Mid Level experience such as a MBA degree.

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$25,000

$158,000

Salary Distribution

Human Resources Manager$79,479 Rank: 14th

The average salary ranks 14th among states in the country. This equates to an hourly salary of $41.400 and monthly of $6,623. There were job openings from employers like Solidus Technical Solutions, Harvard University, Deloitte, and United States Postal Service. Further, 82% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Part-time, Commission, Internship were also available. Most jobs for Human Resources Manager required an applicant to have Mid Level experience such as a MBA degree.

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$20,000

$179,000

Salary Distribution

Financial Advisor$84,423 Rank: 6th

The average salary ranks 6th among states in the country. This equates to an hourly salary of $43.970 and monthly of $7,035. There were job openings from employers like Bank of America, Deloitte, Ernst & Young OM, and NEW YORK LIFE – Greater Boston. Further, 88% of these employers were seeking Full-time workers. Others such as Commission, Part-time, Internship, Temporary, Contract were also available. Most jobs for Financial Advisor required an applicant to have Mid Level experience such as a MBA degree.

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$15,000

$211,000

Salary Distribution

Investment Banking Analyst$125,141 Rank: 10th

The average salary ranks 10th among states in the country. This equates to an hourly salary of $65.180 and monthly of $10,428. There were job openings from employers like Santander Bank, Wells Fargo, Bank of America, and JP Morgan Chase. Further, 94% of these employers were seeking Full-time workers. Others such as Internship, Commission, Temporary, Part-time were also available. Most jobs for Investment Banking Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$35,000

$268,000

Salary Distribution

Product Manager$99,550 Rank: 8th

The average salary ranks 8th among states in the country. This equates to an hourly salary of $51.850 and monthly of $8,296. There were job openings from employers like Homesite Insurance, Bose, Takeda Pharmaceutical, and Thermo Fisher Scientific. Further, 95% of these employers were seeking Full-time workers. Others such as Commission, Part-time, Temporary, Internship, Contract were also available. Most jobs for Product Manager required an applicant to have Mid Level experience such as a MBA degree.

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$38,000

$188,000

Salary Distribution

Best Cities for MBA Grads in Massachusetts

The following list of Massachusetts cities show the largest number of job postings for top MBA careers:

City # of Employers Average Salary
Watertown 332 $84,333
Boston 237 $114,156
Lexington 15 $103,429
Andover 13 $114,113
Burlington 12 $116,762
Waltham 12 $112,533
Chelmsford 11 $116,228
Hopkinton 10 $94,305
Southborough 9 $114,264
Wellesley 9 $124,617
Newton 8 $123,552
Billerica 7 $105,865
Cambridge 6 $82,498
Framingham 6 $104,505
Methuen 6 $63,978

Top Massachusetts MBA Employers

The following list analyzes the top MBA employers in Massachusetts hiring graduates in the management field:

Employer Name Average Salary

Massachusetts Campus MBA Degrees

The following campus-based colleges offer MBA degrees for Massachusetts students:

Disclaimer: All salary numbers and figures are will vary depending on several factors such as level of education, college/university attended, amount of experience, industry, company size and location.

Sources: Sources for the above salary, employer and jobs data was aggregated through Indeed.com and BLS.gov

Henry R. Steele
Henry R. Steele
Managing Editor
Henry is Managing Editor of BusinessStudent.com. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation.Follow on Twitter.com

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