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¾Ã¾ÃÎçÒ¹ÐßÐßÓ°ÔºÃâ·Ñ¹Û¿´ State is proud to offer both an in-person MBA program and an online MBA to help professionals advance in their careers and hone the skills needed to thrive in the workplace or in entrepreneurial endeavors. Students can also take part in our dual degree programs, combining their MBA with a range of other academic disciplines.

To keep our students and prospective students educated on changes and trends happening in both the academic and business worlds, we regularly share the most up-to-date insights on the MBA blog. This post includes trends and statistics for MBA students and graduates to help them discover how valuable an MBA degree is. 

Statistics on MBA Graduates, Programs, Employment, and More

General MBA Trends and Statistics

• The MBA stands as the most popular online graduate degree for students ()
• More than 250,000 students are part of MBA programs worldwide ()
• The MBA degree has been the most popular degree for graduate students in the United States since 2010 ()
• For students who completed an MBA program, 70% sought to gain more skills and knowledge for the workplace, 67% wanted to expand their areas of expertise, and 50% sought out a more encompassing understanding of managing a business (Study Online)
• The primary skills gained by MBA students include strategic thinking, leadership, and problem-solving ()
• Around 70% of students enrolled in MBA programs choose to study full time ()
• 89% of students who attend MBA programs part time have six or more years of work experience ()
• Similarly, 89.6% of students who attend MBA programs full time have four or more years of work experience ()
• One notable MBA statistic is that online MBA programs cost around 25% less on average than in-person programs ()
• Meanwhile, attending a private school can really increase costs, as MBA programs at such schools can cost as much as 10 times more than programs at public schools ()
• Approximately 52% of the MBA programs around the world have been accredited by at least one prominent global accreditation organization ()
• The average age of a starting MBA student is 28 ()
• Approximately 16% of students in MBA programs began when they were 25 years old ()
• Meanwhile, 12.5% of students in MBA programs began when they were 30 years of age or older ()

MBA Graduate Statistics and Facts

• The demand for MBA graduates in the workforce has never been greater ()
• Almost 40% of C-suite executives found on the 2022 Fortune 1000 list were MBA graduates ()
• To go along with this MBA trend, CEOs, CFOs, and CTOs are more likely to have an MBA than any other advanced degree ()
• 68% of MBA students have been sponsored by a company to help the individual gain skills for key roles ()
• Keep this MBA employment statistic in mind – more than 90% of graduates experience a meaningful improvement in their professional connections and networks ()
• Entrepreneurs who possess an MBA degree are more likely to be successful in their business ventures than those who lack the degree ()
• Approximately 10% of MBA graduates become self-employed entrepreneurs ()
• MBA graduates who attend higher-ranked business schools earn more in their careers than graduates who attain degrees from lower ranked schools or those without a rank ()

MBA Employment Statistics

• The average annual salary for professionals with an MBA degree is approximately $115,000 ()
• Acquiring an MBA can boost your salary by an average of $45,000 per year ()
• The average salary for an MBA graduate after three to five years of finishing a program is approximately $162,000 ()
• Meanwhile, the average amount of money an MBA graduate makes in their lifetime is approximately $4 million ()
• Business and financial roles are projected to see a 7% growth from 2023 to 2033, opening up key opportunities for MBA graduates ().⁷
• 61% of recruiters around the world stress the importance of interpersonal skills for business graduates ()
• The most common industries MBA grads work in are products and services, finance and accounting, and technology ()
• 71% of American businesses provide internship opportunities for MBAs ()
• Approximately 80% of MBA graduates become employed within three months of finishing a program ()
• More than 50% of MBA graduates will change their careers after they have received their degree ()
• 79% of MBA graduates ultimately work for well-established businesses ()

Earn Your MBA at ¾Ã¾ÃÎçÒ¹ÐßÐßÓ°ÔºÃâ·Ñ¹Û¿´ State

If you were impressed by these MBA statistics and are looking to gain skills that can help you advance your career or pursue entrepreneurial opportunities, the MBA programs from ¾Ã¾ÃÎçÒ¹ÐßÐßÓ°ÔºÃâ·Ñ¹Û¿´ State are the ideal choice. Apply today or  with any questions.