The 16 MBAs where graduates can earn the highest salaries

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The 16 MBAs where graduates can earn the highest salaries

Given the huge cost of undertaking a master's degree in business administration (MBA), prospective students will be interested to know which institutions turn out the highest earners.

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Salary benchmarking website Emolument looked at pay data from almost 11,000 MBA holders to see which universities offer their graduates the highest earnings potential.

America dominates the list, but universities in the United Kingdom, France, Spain, and Switzerland also feature.

"While MBA represent a substantial cost for professionals, their impact on one's earning potential and career is undeniable," Thomas Drewry, one of Emolument's co-founders said.

"All the data shown in these rankings stands way above what the average professional with an undergraduate degree can reasonably expect to earn during his career."

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Check out the universities below.

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16. London Business School, UK — $178,000 (£127,380)

16. London Business School, UK — $178,000 (£127,380)

15. IESE, Spain — $179,000 (£128,100)

15. IESE, Spain — $179,000 (£128,100)
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14. Cambridge University Judge Business School, UK — $180,000 (£128,810)

14. Cambridge University Judge Business School, UK — $180,000 (£128,810)

13. University of St. Gallen, Switzerland — $181,000 (£129,530)

13. University of St. Gallen, Switzerland — $181,000 (£129,530)
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T=11. INSEAD, France — $185,000 (£132,390)

T=11. INSEAD, France — $185,000 (£132,390)

T=11. UCLA Anderson School of Management, USA — $185,000 (£132,390)

T=11. UCLA Anderson School of Management, USA — $185,000 (£132,390)
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10. University of Michigan Ross School of Business, USA — $187,000 (£133,820)

10. University of Michigan Ross School of Business, USA — $187,000 (£133,820)

T=8. Duke University Fuqua School of Business, USA — $189,000 (£135,250)

T=8. Duke University Fuqua School of Business, USA — $189,000 (£135,250)
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T=8. Cornell University Johnson Graduate School of Management, USA — $189,000 (£135,250)

T=8. Cornell University Johnson Graduate School of Management, USA — $189,000 (£135,250)

7. Northwestern University Kellogg School of Management, USA — $209,000 (£149,710)

7. Northwestern University Kellogg School of Management, USA — $209,000 (£149,710)
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6. New York University Stern School of Business, USA — $213,000 (£152,570)

6. New York University Stern School of Business, USA — $213,000 (£152,570)

5. Columbia Business School, USA — $239,000 (£171,200)

5. Columbia Business School, USA — $239,000 (£171,200)
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4. Wharton School of the University of Pennsylvania, USA — $248,000 (£177,640)

4. Wharton School of the University of Pennsylvania, USA — $248,000 (£177,640)

3. University of Chicago Booth School of Business — $250,000 (£179,080)

3. University of Chicago Booth School of Business — $250,000 (£179,080)
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2. Harvard Business School — $255,000 (£182,660)

2. Harvard Business School — $255,000 (£182,660)

1. MIT Sloan School of Management — $286,000 (£204,860)

1. MIT Sloan School of Management — $286,000 (£204,860)
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