New Jersey 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 New Jersey. 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 New Jersey.

MBA Snapshot

Avg New Jersey Salary

$91,822

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State vs National

Ranked 16th

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Total Job Postings

352

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

New Jersey MBA Demand

The outlook for MBA grads in New Jersey 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

New Jersey MBA Salaries by Career

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

Project Manager$85,654 Rank: 14th

The average salary ranks 14th among states in the country. This equates to an hourly salary of $44.610 and monthly of $7,138. There were job openings from employers like UBS, Capgemini, ITL USA, and Conduent. Further, 91% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Part-time, Commission, Internship 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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$25,000

$183,000

Salary Distribution

Operations Manager$70,633 Rank: 7th

The average salary ranks 7th among states in the country. This equates to an hourly salary of $36.790 and monthly of $5,886. There were job openings from employers like Verizon, CVS Health, Ulta Beauty, and TARGET. Further, 91% of these employers were seeking Full-time workers. Others such as Part-time, Commission, Temporary, Contract 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

$165,000

Salary Distribution

Financial Analyst$66,893 Rank: 17th

The average salary ranks 17th among states in the country. This equates to an hourly salary of $34.840 and monthly of $5,574. There were job openings from employers like Prudential, UBS, BNY Mellon, and Bank of America. Further, 90% of these employers were seeking Full-time workers. Others such as Commission, Contract, Temporary, Part-time, Internship 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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$28,000

$123,000

Salary Distribution

Marketing Manager$67,287 Rank: 8th

The average salary ranks 8th among states in the country. This equates to an hourly salary of $35.050 and monthly of $5,607. There were job openings from employers like Staples, Prudential, Sanofi, and Deloitte. Further, 89% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Contract, Commission, 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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$15,000

$156,000

Salary Distribution

Management Analyst$72,998 Rank: 12th

The average salary ranks 12th among states in the country. This equates to an hourly salary of $38.020 and monthly of $6,083. There were job openings from employers like Prudential, Verizon, Bank of America, and UBS. Further, 90% of these employers were seeking Full-time workers. Others such as Temporary, Part-time, Internship, Contract, Commission 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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$9.80

$84.55

Salary Distribution

Operations Analyst$71,367 Rank: 5th

The average salary ranks 5th among states in the country. This equates to an hourly salary of $37.170 and monthly of $5,947. There were job openings from employers like Prudential, Mondelez International, Deloitte, and Bristol-Myers Squibb. Further, 91% of these employers were seeking Full-time workers. Others such as Part-time, Contract, Commission, Temporary, Internship 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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$15,000

$169,000

Salary Distribution

Business Analyst$94,272 Rank: 6th

The average salary ranks 6th among states in the country. This equates to an hourly salary of $49.100 and monthly of $7,856. There were job openings from employers like UBS, TD Bank, CGI, and Verizon. Further, 90% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Contract, Commission, Part-time 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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$15.90

$200

Salary Distribution

Data Analyst$65,260 Rank: 17th

The average salary ranks 17th among states in the country. This equates to an hourly salary of $33.990 and monthly of $5,438. There were job openings from employers like Bristol-Myers Squibb, Prudential, Verizon, and Conduent. Further, 90% of these employers were seeking Full-time workers. Others such as Commission, Part-time, Temporary, Internship, Contract 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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$7.25

$84.20

Salary Distribution

Management Consultant$104,341 Rank: 7th

The average salary ranks 7th among states in the country. This equates to an hourly salary of $54.340 and monthly of $8,695. There were job openings from employers like Tailored Brands, Accenture, CVS Health Retail, and Signet Jewelers. Further, 79% of these employers were seeking Full-time workers. Others such as Temporary, Part-time, Commission, Internship, Contract were also available. Most jobs for Management Consultant required an applicant to have Entry Level experience such as a MBA degree.

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$33,000

$214,000

Salary Distribution

Human Resources Manager$75,862 Rank: 21st

The average salary ranks 21st among states in the country. This equates to an hourly salary of $39.510 and monthly of $6,322. There were job openings from employers like Prime Healthcare, Deloitte, Boston Market | Boston Market Corporation, and Taco Bell. Further, 83% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Contract, Part-time, Commission 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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$24,000

$156,000

Salary Distribution

Financial Advisor$70,084 Rank: 9th

The average salary ranks 9th among states in the country. This equates to an hourly salary of $36.500 and monthly of $5,840. There were job openings from employers like Deloitte, UBS, JP Morgan Chase, and EY. Further, 88% of these employers were seeking Full-time workers. Others such as Internship, Commission, Part-time, Contract, Temporary 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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$14,000

$199,000

Salary Distribution

Investment Banking Analyst$85,474 Rank: 21st

The average salary ranks 21st among states in the country. This equates to an hourly salary of $44.520 and monthly of $7,123. There were job openings from employers like Fiserv, Bank Of America, BNP Paribas, and Prudential. Further, 91% of these employers were seeking Full-time workers. Others such as Contract, Commission, Internship, 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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$15,000

$216,000

Salary Distribution

Product Manager$91,822 Rank: 16th

The average salary ranks 16th among states in the country. This equates to an hourly salary of $47.820 and monthly of $7,652. There were job openings from employers like Verizon, Samsung Electronics, Prudential, and Quest Diagnostics. Further, 95% of these employers were seeking Full-time workers. Others such as Internship, Contract, Part-time, Temporary 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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$31,000

$185,000

Salary Distribution

Best Cities for MBA Grads in New Jersey

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

City # of Employers Average Salary
South Amboy 38 $97,828
Paramus 20 $81,961
New Brunswick 17 $106,102
East Hanover 14 $88,000
Teaneck 13 $107,753
Piscataway 10 $98,058
Plainfield 10 $144,230
Newark 8 $88,639
Woodland Park 8 $98,058
Upper Saddle River 7 $79,844
Somerville 6 $101,906
Long Branch 5 $82,380
Saddle Brook 5 $108,441

Top New Jersey MBA Employers

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

Employer Name Average Salary

New Jersey Campus MBA Degrees

The following campus-based colleges offer MBA degrees for New Jersey 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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