MBA Salaries by Job

• According to PayScale, the highest paying job for a professional with an MBA in finance is that of vice president of finance, which has a salary range of $89,420 to $165,000 as of December 2010. Chief financial officers (CFOs) follow with a range of $109,277 to $161,723, distantly followed by financial controllers, who earn between $76,159 and $111,713. A finance manager with an MBA earns between $80,494 and $106,816, and a senior financial analyst earns between $67,163 and $83,694.
  
  

MBA Salaries by Experience

• Even with a master's degree in business administration, experience in the world of finance still counts when it comes to final salary. According to PayScale, a finance employee with an MBA earns an entry-level salary of $40,040, and one with more than five years of experience earns $74,947. With more than 10 years of experience, those employees see a salary average increase to $99,563, and with more than 20 years experience that average increases to $117,697.
  
  

MBA Salaries by Employer

• A professional with an MBA and expertise in finance can seek work at a variety of companies and organizations. Those employed by foundations or trusts earn the highest average salary of $133,000, followed by contracted workers with an average of $125,985. A company pays its MBA finance professionals an average of $85,574, and nonprofit organizations pay less at $68,800. Educational institutions offer less for employees with this degree; colleges and universities have an average of $60,371, and schools and school districts even less at $48,918 as of December 2010, according to PayScale.
  
  

MBA Salaries by Location

• No matter what type of employer a finance professional has, his location will play a role in his salary, as the employer must consider the area's cost of living. PayScale names California as the highest paying state for employees with MBAs in finance with an average salary of $91,599, followed by New Jersey with an average of $88,989. New York is a close third at $88,050, and Texas and Pennsylvania come in fourth and fifth with average salaries of $84,425 and $84,046, respectively.