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In 2006, average MBA salaries, at $ 90,500, have increased by a whopping 7.5% (a full 5% ahead of the average OECD inflation rate), compared to a total increase in MBA salaries of 39% in the previous ten years. MBA salaries are now well in excess of the pre-downturn levels of 2001.
This increase reflects a high level of optimism amongst MBA recruiters and increased competition for the top talent.

The average MBA salary for the two main regions of North America and Western Europe is $ 90,500 in 2006. Global recruiters reported a higher average salary of $ 95,900, these represent an elite cadre of employers who seek MBAs worldwide and are willing to pay a premium to attract the best candidates. They are made up not just of banks and consulting firms, but also healthcare and some manufacturing, technology and service companies, which have adopted a global approach to MBA recruiting.

Regional and local North American recruiters reported an average of $ 89,700, Western European recruiters reported an average of US$ 91,400 (this is the first time European MBA salaries have significantly exceeded North American salaries, though the figure has been boosted slightly in dollar terms by the weakening dollar exchange rate). Eastern European recruiters reported an average of $ 63,200, Latin American recruiters reported an average of $ 62,500 and Asia-Pacific recruiters reported an average of $ 67,600. These regional averages are shown in Figure 11.

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Back to Index International MBA Recruitment & Salary Report 2006

Source: -
QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2006
© QS Quacquarelli Symonds Ltd. 2006
Website: www.topmba.com