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North Carolina State University has recently published its 2023 MBA employment report, highlighting the career outcomes for its graduates. The report shows that within three months of graduation, MBA alumni have secured positions with top companies such as IBM, Tesla, Bank of America, and Starbucks. The average salary for these graduates is USD 111,607, with an additional average signing bonus of USD 13,417. Key industries employing these graduates include Financial Services, Technology, Manufacturing, and Consulting. To support student success, the university's career center offers various services like career coaching, mentorship programs, career discussions, and online seminars.
For the 2023-24 academic year, the tuition fee for out-of-state MBA students at North Carolina State University is USD 95,680, which is approximately INR 80 lakh. Despite this investment, the reported average salary for MBA graduates is USD 111,607, nearly INR 93 lakh, indicating a strong return on investment. The university is committed to offering a valuable MBA experience by providing a highly relevant curriculum, personalized career services, and fostering a lifelong community for its graduates.
The table presents the latest bachelor's average salary and the latest master's average salary across 40 bachelor's disciplines and 10 master's disciplines at North Carolina State University, according to the US Government. It highlights salary variations based on the field of study, with STEM disciplines generally offering higher earnings due to industry demand. The bachelor's salaries range from ₹84,08,625 to ₹25,31,130, while the master's salaries range from ₹1,12,41,845 to ₹43,15,450. Additionally, master's degree graduates typically earn more than bachelor's degree holders, reflecting the benefits of advanced education in career growth and salary potential.
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Computer Science. | $98,925 | ₹84,08,625 |
Chemical Engineering. | $94,710 | ₹80,50,350 |
Biomedical/Medical Engineering. | $92,574 | ₹78,68,790 |
Industrial Engineering. | $92,373 | ₹78,51,705 |
Computer Engineering. | $90,912 | ₹77,27,520 |
Electrical, Electronics and Communications Engineering. | $87,305 | ₹74,20,925 |
Aerospace, Aeronautical and Astronautical Engineering. | $81,589 | ₹69,35,065 |
Mechanical Engineering. | $79,841 | ₹67,86,485 |
Biochemistry, Biophysics and Molecular Biology. | $76,667 | ₹65,16,695 |
Civil Engineering. | $76,320 | ₹64,87,200 |
Agricultural Engineering. | $75,787 | ₹64,41,895 |
Statistics. | $75,555 | ₹64,22,175 |
Science, Technology and Society. | $73,515 | ₹62,48,775 |
Business/Managerial Economics. | $72,110 | ₹61,29,350 |
Accounting and Related Services. | $70,576 | ₹59,98,960 |
Business Administration, Management and Operations. | $69,742 | ₹59,28,070 |
Forestry. | $63,034 | ₹53,57,890 |
Environmental Control Technologies/Technicians. | $62,693 | ₹53,28,905 |
Health and Physical Education/Fitness. | $61,801 | ₹52,53,085 |
Agricultural Business and Management. | $60,608 | ₹51,51,680 |
Textile Sciences and Engineering. | $57,894 | ₹49,20,990 |
Design and Applied Arts. | $57,533 | ₹48,90,305 |
Biology, General. | $57,457 | ₹48,83,845 |
Criminology. | $56,907 | ₹48,37,095 |
Nutrition Sciences. | $56,784 | ₹48,26,640 |
Geological and Earth Sciences/Geosciences. | $51,876 | ₹44,09,460 |
Political Science and Government. | $51,838 | ₹44,06,230 |
Teacher Education and Professional Development, Specific Subject Areas. | $49,401 | ₹41,99,085 |
Communication and Media Studies. | $47,004 | ₹39,95,340 |
History. | $46,314 | ₹39,36,690 |
Parks, Recreation and Leisure Facilities Management. | $45,730 | ₹38,87,050 |
Plant Sciences. | $45,554 | ₹38,72,090 |
0ychology, General. | $45,056 | ₹38,29,760 |
International/Global Studies. | $44,769 | ₹38,05,365 |
Animal Sciences. | $43,013 | ₹36,56,105 |
Teacher Education and Professional Development, Specific Levels and Methods. | $42,750 | ₹36,33,750 |
English Language and Literature, General. | $42,708 | ₹36,30,180 |
Social Work. | $42,436 | ₹36,07,060 |
Natural Resources Conservation and Research. | $39,680 | ₹33,72,800 |
Zoology/Animal Biology. | $29,778 | ₹25,31,130 |
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Computer Software and Media Applications. | $132,257 | ₹1,12,41,845 |
Business Administration, Management and Operations. | $102,657 | ₹87,25,845 |
Civil Engineering. | $101,296 | ₹86,10,160 |
Mechanical Engineering. | $99,243 | ₹84,35,655 |
Accounting and Related Services. | $76,982 | ₹65,43,470 |
Educational Administration and Supervision. | $65,181 | ₹55,40,385 |
Physiology, Pathology and Related Sciences. | $59,016 | ₹50,16,360 |
Teacher Education and Professional Development, Specific Levels and Methods. | $53,017 | ₹45,06,445 |
Student Counseling and Personnel Services. | $52,542 | ₹44,66,070 |
Social Work. | $50,770 | ₹43,15,450 |
As per the information found online, graduates of NC State University are employed at major companies such as Amazon, Cisco, Microsoft, IBM, Google, Apple, Lenovo, Meta, Salesforce, and Tesla. The main fields where these alumni work include Engineering, Operations, Business Development, Research, Sales, IT, and Community and Social Services. Below are some key highlights of MBA placements from NC State University:
Particulars | Statistics |
---|---|
Average salary | $111,607 (Around INR 93 L) |
Average signing bonus | $13,417 (Around INR 11 L) |
Top employers | IBM, Bank of America, Tesla, Procter & Gamble, Starbucks |
Top Industries | Technology, Financial Services, Manufacturing, Consulting |
Job functions | General Management, Marketing / Sales, IT, Consulting |
In Fall 2023, North Carolina State University had 22 students in the MBA program. Business is a popular choice for undergraduates, with 48% of students studying this subject. Here are some more details about the MBA class profile:
Particulars | Statistics |
---|---|
Average years of work experience | 2.5 |
Average age | 24 |
Female | 30% |
Male | 70% |
International students | 35% |
Undergraduate institutions | NC State University, North Carolina, US Other, International |
Undergraduate fields | Math / Science, Engineering, Humanities / Social Sciences |
Below are the details of the Pre-MBA Class of 2023 students at North Carolina State University.
Years of Professional Experience | % of Enrolled Students |
---|---|
1-3 years | 19.2% |
3-5 years | 26.9% |
5+ years | 42.3% |
The leading companies hiring graduates from the NC State University MBA Class of 2023 include IBM, Bank of America, Starbucks, and Tesla, among others. Below is the full list of employers:
Top Employers for the MBA Class of 2023 | |
---|---|
Bank of America | Procter & Gamble |
BASF | Starbucks |
IBM | Tesla |
Cotton Incorporated | Visa |
Implement Consulting Group | Procter & Gamble |
North Carolina State University MBA graduates find jobs in various fields such as Technology, Financial Services, Manufacturing, and Consulting. Below are the placement statistics for NCSU by industry:
Industry | Statistics |
---|---|
Technology | 23.1% |
Financial Services | 15.4% |
Manufacturing | 15.4% |
Other | 15.4% |
Consulting | 11.5% |
Energy | 7.7% |
Consumer Packaged Goods | 3.8% |
Healthcare | 3.8% |
Retail | 3.8% |
NC State University MBA graduates find jobs in various areas such as General Management, Marketing/Sales, Consulting, and Operations/Logistics. Below are the statistics for these job functions:
Job Function | Percentage |
---|---|
General Management | 23.1% |
Marketing / Sales | 19.2% |
Other | 19.2% |
Consulting | 11.5% |
Operations / Logistics | 11.5% |
Information Technology | 7.7% |
Finance / Accounting | 7.7% |
Many of the leading fields for NC State MBA internships include Technology, Manufacturing, Financial Services, Consumer Packaged Goods, and Healthcare. Below are the placement statistics by industry:
Industry | Percentage |
---|---|
Technology | 27.8% |
Manufacturing | 16.7% |
Financial Services | 16.7% |
Consumer Packaged Goods | 11.1% |
Healthcare | 8.3% |
Energy | 8.3% |
Other | 5.6% |
Non-profit | 2.8% |
Retail | 2.8% |
Many NCSU MBA students take on various job roles during their internships, including Marketing / Sales, Operations / Logistics, Finance / Accounting, and Consulting. Below are the statistics related to the job roles for internships:
Job Function | Percentage |
---|---|
Marketing / Sales | 30.6% |
Operations / Logistics | 16.7% |
Other | 16.7% |
Finance / Accounting | 13.9% |
Consulting | 11.1% |
General Management | 5.6% |
HR | 2.8% |
Information Technology | 2.8% |
University City | Raleigh, North Carolina, USA |
---|---|
Size of city | Medium |
Population of City | 4,64,758 |