With graduates including Toni Morrison, Thurgood Marshall, Taraji P. Henson, and Vice President Kamala Harris, Howard University continues to produce some of the best and brightest in government, literature, politics, and the arts.
The private Historic Black Research University comprises 14 schools and colleges and includes an MBA program that rivals top competitors worldwide. Ranked 28th out of 117 in Bloomberg Businessweek’s 2022-23 Best Business Schools, Howard’s MBA program offers students full-time and flexible scheduling options to earn advanced degrees in engineering, law, medicine, social work, divinity, and architecture.
Howard University School of Business is a pillar of excellence and one of the nation’s best kept secrets. Many of the school’s MBA graduates earn six-figure salaries at a fraction of the cost of their PWI counterparts.
The university estimates MBA students will pay $35,016 in state tuition, plus fees for the 2022-23 academic year. In contrast, the median annual fee for the top six graduate MBA programs at six predominately white institutions (PWI) was $104,966. That’s almost a third more than what Howard MBA students pay.
Howard MBA graduates typically find jobs within three months of graduation and earn an average base salary of $120,000. The median starting salary for students across the top PWIs is slightly higher, at $126,150. The return on investment generated by Howard’s huge tuition savings makes for a negligible reduction in starting salary.
Dubbed as the nation’s most underrated full-time MBA program, Howard University is a viable option for undergraduate students considering graduate study and experienced professionals looking to increase their market value.
Here are the average starting salaries of Howard University MBA graduates, according to pay scale research, and the top MBA employers across the industry.
Consultants advise businesses in marketing, human resources, management, engineering, and finance.
Average base salary: $120,000
Top MBA Business Consulting employers include Accenture, Boston Consulting Group, McKinsey & Company, and KPMG.
Engineering Project Manager
Engineering managers lead, coordinate, plan and direct development projects for companies.
Average base salary: $125,000
Top employers of Engineering MBA Project Managers include Apple, Honeywell, Microsoft, and Jacobs.
IT Program Manager
The IT program manager develops, manages and oversees the implementation of various programs for employers.
Average base salary: $132,000
Top employers of the IT Program Manager MBA include IBM, Accenture, Dell Technologies, Cisco Systems, and Northrop Gruman.
Senior Financial Analyst
Senior analysts perform a variety of tasks in the financial sector, including budgeting, forecasting, financial planning and building economic models.
Average base salary: $120,000
Senior Financial Analyst MBA top employers include Lockheed Martin, Deloitte, Goldman Sachs, and Citi.
Director of Regional Operations
Regional directors oversee the performance and operations of several branches or locations within a company.
Average base salary: $107,000
Regional Operations Director MBA’s top employers include Amazon, Starbucks, EZ, and AT&T.
Regional Sales Manager
Area sales managers are responsible for developing and implementing sales, marketing, and financial strategies throughout the region.
Average base salary: $76,300
Regional Sales Manager MBA top employers include Oracle, AT&T, IBM, SAP, and Salesforce.