Michigan 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 Michigan. 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 Michigan.

MBA Snapshot

Avg Michigan Salary

$89,162

.

State vs National

Ranked 20th

.

Total Job Postings

237

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

Michigan MBA Demand

The outlook for MBA grads in Michigan 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.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$32,000

$207,000

Salary Distribution

Michigan MBA Salaries by Career

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

Project Manager$76,533 Rank: 35th

The average salary ranks 35th among states in the country. This equates to an hourly salary of $39.860 and monthly of $6,378. There were job openings from employers like Power Home Remodeling Group, Fiat Chrysler Automobiles, Peer Solutions Group, and Magna Powertrain. Further, 89% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Internship, Commission, Temporary were also available. Most jobs for Project Manager required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$23,000

$160,000

Salary Distribution

Operations Manager$71,742 Rank: 6th

The average salary ranks 6th among states in the country. This equates to an hourly salary of $37.370 and monthly of $5,979. There were job openings from employers like Life Time, Penske, Dayton Freight Lines, and DHL Supply Chain. Further, 88% of these employers were seeking Full-time workers. Others such as Part-time, Commission, Temporary, Internship, Contract were also available. Most jobs for Operations Manager required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$17,000

$162,000

Salary Distribution

Financial Analyst$75,481 Rank: 5th

The average salary ranks 5th among states in the country. This equates to an hourly salary of $39.310 and monthly of $6,290. There were job openings from employers like Fiat Chrysler Automobiles, Accident Fund Holdings, Inc., AF Group, and Stryker. Further, 91% of these employers were seeking Full-time workers. Others such as Temporary, Commission, Contract, Internship, Part-time were also available. Most jobs for Financial Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$26,000

$150,000

Salary Distribution

Marketing Manager$60,287 Rank: 20th

The average salary ranks 20th among states in the country. This equates to an hourly salary of $31.400 and monthly of $5,024. There were job openings from employers like Wolverine World Wide, Ford Motor Company, Whirlpool Corporation, and Flexfab. Further, 80% of these employers were seeking Full-time workers. Others such as Commission, Contract, Temporary, Internship, Part-time were also available. Most jobs for Marketing Manager required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .
  • .

$14,000

$141,000

Salary Distribution

Management Analyst$57,702 Rank: 30th

The average salary ranks 30th among states in the country. This equates to an hourly salary of $30.050 and monthly of $4,809. There were job openings from employers like Trinity Health, Ford Motor Company, Peer Solutions Group, and Total Spectrum. 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 Management Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$21,000

$111,000

Salary Distribution

Operations Analyst$49,756 Rank: 25th

The average salary ranks 25th among states in the country. This equates to an hourly salary of $25.910 and monthly of $4,146. There were job openings from employers like Fiat Chrysler Automobiles, Stryker, Covenant HealthCare, and naviHealth. Further, 90% of these employers were seeking Full-time workers. Others such as Part-time, Commission, Contract, Internship, Temporary were also available. Most jobs for Operations Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$23,000

$87,000

Salary Distribution

Business Analyst$81,840 Rank: 16th

The average salary ranks 16th among states in the country. This equates to an hourly salary of $42.630 and monthly of $6,820. There were job openings from employers like Spectrum Health, Peer Solutions Group, Meridian Health Plan, and Visiant. Further, 88% of these employers were seeking Full-time workers. Others such as Internship, Temporary, Part-time, Contract were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$34,000

$150,000

Salary Distribution

Data Analyst$58,214 Rank: 24th

The average salary ranks 24th among states in the country. This equates to an hourly salary of $30.320 and monthly of $4,851. There were job openings from employers like Ford Motor Company, Blue Cross Blue Shield of Michigan, Trinity Health, and Total Spectrum. Further, 87% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Commission, Internship, Temporary were also available. Most jobs for Data Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$7.35

$68.95

Salary Distribution

Management Consultant$72,603 Rank: 32nd

The average salary ranks 32nd among states in the country. This equates to an hourly salary of $37.810 and monthly of $6,050. There were job openings from employers like Tailored Brands, Accenture, Signet Jewelers, and National Heritage Academies. Further, 73% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Commission, Temporary, Internship were also available. Most jobs for Management Consultant required an applicant to have Entry Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$17,000

$166,000

Salary Distribution

Human Resources Manager$74,413 Rank: 24th

The average salary ranks 24th among states in the country. This equates to an hourly salary of $38.760 and monthly of $6,201. There were job openings from employers like Hope Network, United States Postal Service, Lids, and Yadav – TGIF. Further, 86% of these employers were seeking Full-time workers. Others such as Commission, Internship, Contract, Temporary, Part-time were also available. Most jobs for Human Resources Manager required an applicant to have Entry Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$20,000

$161,000

Salary Distribution

Financial Advisor$66,989 Rank: 14th

The average salary ranks 14th among states in the country. This equates to an hourly salary of $34.890 and monthly of $5,582. There were job openings from employers like Northwestern Mutual, Bank of America, JP Morgan Chase, and Deloitte. Further, 82% of these employers were seeking Full-time workers. Others such as Commission, Temporary, Internship, Contract, Part-time were also available. Most jobs for Financial Advisor required an applicant to have Entry Level experience such as a MBA degree.

  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .
  • .
  • .

$14,000

$184,000

Salary Distribution

Investment Banking Analyst$105,964 Rank: 14th

The average salary ranks 14th among states in the country. This equates to an hourly salary of $55.190 and monthly of $8,830. There were job openings from employers like Ascension System Office, Bank Of America, Plante & Moran, and Blue Cross Blue Shield of Michigan. Further, 100% of these employers were seeking Full-time workers. Others such as were also available. Most jobs for Investment Banking Analyst required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .
  • .

$44,000

$193,000

Salary Distribution

Product Manager$89,162 Rank: 20th

The average salary ranks 20th among states in the country. This equates to an hourly salary of $46.440 and monthly of $7,430. There were job openings from employers like Siemens, Magna Corporate, Lubrizol Corporation, and ProQuest. Further, 85% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Temporary, Internship, Commission were also available. Most jobs for Product Manager required an applicant to have Mid Level experience such as a MBA degree.

  • .
  • .
  • .
  • .
  • Most Reported
  • .
  • .
  • .
  • .
  • .

$45,000

$142,000

Salary Distribution

Best Cities for MBA Grads in Michigan

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

City # of Employers Average Salary
Detroit 225 $89,799
Ann Arbor 21 $88,541
Benton Harbor 9 $97,563

Top Michigan MBA Employers

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

Employer Name Average Salary

Michigan Campus MBA Degrees

The following campus-based colleges offer MBA degrees for Michigan 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

As Seen On

“It doesn't matter how many times you have failed, you only have to be right once.” - Mark Cuban