QS Quacquarelli Symonds recently released its QS TopMBA.com Jobs & Salary Trends Report 2018 and its QS TopMBA.com Return on Investment Report 2018. Here are a few of the findings:
In 2017, demand for MBAs increased by:
- 10 percent in the U.S. and Europe
- 18 percent in Asia
- 13 percent worldwide
The average compensation for MBAs (in US dollars) is:
- $89,037 in North America
- $73,271 in Europe
- $63,948 in Asia-Pacific
- The global average compensation is $79,829
The Return on Investment Report finds that the average ten-year return on investment of an MBA globally is $390,751. The MBA programs with highest ten-year ROI include Stanford in the U.S. at $1,023,150; Imperial College London in the United Kingdom at $870,200; and the University of Hong Kong at $845,350.
The average time it takes globally for MBA graduates to see their educational investment pay itself back is 51 months. MBA graduates in Europe achieve the quickest payback time, at 39 months.
The Jobs & Salary Trends Report is based on responses from 3,463 employers at companies worldwide.
The Return on Investment Report is based on the ROI of degrees from 200 full-time MBA programs.