2. United Kingdom
Salary in 2017 (USD): 122900.00
Salary Growth (%): 0.03
GDP Growth Rate (%): 1.66
Cost of Living Index: 69.49
The country which colonized most of the world in the past is still an economic superpower of the world and has influential in world politics. The United Kingdom which ranks second on our list of highest paying countries for business majors, has the strong education system with some of the world’s oldest institutions like Oxford and Cambridge. It has a strong economy and has a dynamic job market. Even after being the second highest paying country on this list, UK still has a very low cost of living Index, as compared to other developed economies. Though the job market is going through uncertainties, UK has shown a slight increase in the salaries over the previous years. Businesses that recruit MBAs in the UK are primarily financial institutions like investment banks, consultancy organizations, etc. It is estimated that the recent Brexit phenomenon will not have a severe impact on high skilled jobs in the UK.
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