The Top Five Countries for MBA Graduate Salaries

#5 Australia

In at number five, we have Australia. Home of multiple leading business schools, MBAs in this country usually take between 16 months and two years. Some universities also offer fast-track courses to be completed within a year.

Typically, the average salary of MBA graduates in Australia is around AUD $33,500 (£87,500). Many also receive yearly bonuses of around AUD $28,600 (£16,000). But MBAs in Australia don’t come cheap. As one of the more expensive options on the list, you could be looking to pay up to AUD $161,000 (£90,000) for a two-year course.

#4 France

At number four sits France which offers MBA holders a very similar salary to those in Australia. Typically, graduates will also find themselves on €100,200 (£87,500) with €18,300 (£16,000) bonuses. However, MBA courses in France are much cheaper, costing on average €20,000 (£17,500) per year. Most courses are between 16 months and two-years which means you would still be paying less than half of what you might in Australia.

France also has an extremely profitable economy, ranking as the fifth country in the Fortune Global 500. While it might not have the sun, sea and sand of Australia, it’s an excellent option for prospective MBA students.

#3 Canada

Next up on the list is Canada. Here, you can expect a slightly higher salary, averaging just over CAD $136,500 (£88,500) per year. Equally, course costs are more affordable than other options on this list. Depending on the university you can expect to study for 18 months to two years and only pay around CAD $40,000 (£26,000) in tuition.

However, the average bonuses MBA graduates receive in Canada is slightly lower than in Australia or France, sitting around CAD $15,500 (£10,000).

#2 United States

In the silver position we have the United States of America. Home to many famous institutions, such as Harvard Business School, and ranking second in the Fortune Global 500 it’s no wonder America is such a popular location for postgraduate degrees.

After two years of study, MBA graduates could find themselves earning just over USD $101,000 (£90,000) a year. They could also expect yearly bonuses, averaging around USD $18,700 (£16,700). However, just like Australia, postgraduate education does not come cheap in the US. Prospective students should expect to see tuition fees of between USD $56,000 - $101,000 (£50,000 - £90,000).

#1 Switzerland

At the very top of the list is Switzerland. As the seventh richest country in the world, Switzerland is a hub of international business. You can expect MBA salary levels to average at almost €126,000 (£110,000). Although slightly less than other countries, graduates will also likely receive yearly bonuses of around €17,700 (£15,500).

In Switzerland the cost of an MBA will not set you back as much as the USA or Australia. Tuition costs differ largely between universities and can be dependant on your settlement status, however fees usually sit between €34,300 - €80,100 (£30,000 - £70,000).