Find Schools

Study Area & Zipcode

Business Administration & Management

Find Schools Near

Business Administration & Management Major

Business administration and management is a major that typically falls into the Business, Management & Marketing category.

There are 1,896 programs available throughout the country that offer an associate’s degree in business administration, 2,443 that offer a bachelor’s degree, and 1,750 that offer a master’s degree. There are also at least 241 schools in the nation where you can get your doctorate degree in the field.

Who Is Getting a Business Administration Degree?

This is one of the most frequently chosen college majors. It is the first most popular in the country with 169,900 students graduating with a bachelor’s in business administration in 2017. According to recent stats this major attracts about equal numbers of men and women. Roughly 46.8% of the graduates are women, and 53.2% are men.

Racial Distribution

At the countrywide level, the racial distribution of business administration majors is as follows:

  • Asian: 6.9%
  • Black or African American: 11.2%
  • Hispanic or Latino: 14.1%
  • White: 52.5%
  • Non-Resident Alien: 6%
  • Other Races: 9.3%
Business Administration & Management Majors Ethnic Diversity Statistics

Americans aren’t the only ones with an interest in business administration. About 6% of those graduating in 2017 were international students. The most popular countries sending business administration majors to the U.S. are China, India and Saudi Arabia.

What Will You Learn as a Business Administration & Management Major?

An O*NET survey asked people with careers related to business administration to rate how important certain subject areas were to their job. The following are some of the results of that survey. Importance was rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Business Administration Majors

This major prepares you for careers in which these knowledge areas are important:

Important Knowledge Areas for Business Administration & Management Majors

Skills for Business Administration Majors

Business administration majors are found most commonly in careers in which the following skills are important:

Important Skills for Business Administration & Management Majors

Abilities for Business Administration Majors

As you progress with your business administration degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

Important Abilities for business administration Majors

What Can You Do With a Business Administration Major?

Below is a list of occupations associated with business administration:

Careers Related to Business Administration & Management
Job Title Job Growth Rate Median Salary

Loss Prevention Managers

8%

$107,480

Chief Executives

-3.9%

$189,600

Storage and Distribution Managers

6.8%

$94,730

Sales Managers

7.5%

$124,220

Compliance Managers

8%

$107,480

Methane/Landfill Gas Collection System Operators

-0.5%

$103,380

Construction Managers

11.1%

$93,370

Regulatory Affairs Managers

8%

$107,480

Logistics Engineers

6.9%

$74,600

Wind Energy Operations Managers

8%

$107,480

Business Administration & Management Major Salary

Business administration majors often go into careers where salaries can range from $72,000 to $124,000. This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, the typical high school graduate makes between $29,000 and $57,000 a year. The average person with a bachelor’s degree (any field) makes between $44,000 and $99,000. Advanced degree holders make the most with salaries between $55,000 and $120,000.

Average Salary for a Business Administration Major  ( 72000 to 124000 )
$0
$200k
Average Salary for High School Graduate  ( 29000 to 57000 )
$0
$200k
Average Salary with Bachelor's Degree  ( 44000 to 99000 )
$0
$200k
Average Salary with Advanced Degree  ( 55000 to 120000 )
$0
$200k

The area of the country you choose to work in will also affect your career and salary prospects. Getting a graduate degree may open up more options with higher salary potential.

Amount of Education Required for Business Administration & Management Major Jobs

Some careers associated with business administration require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much education do you really need to compete in today’s job market? People currently working in careers related to business administration have obtained the following education levels.

Education Levels for Careers Associated With Business Administration & Management
Level of Education Percentage of Workers

Less Than a High School Diploma

0.6%

High School Diploma or Equivalent

12%

Post-Secondary Certificate

5.8%

Some College Courses

9.2%

Associate's Degree or Equivalent

8.9%

Bachelor's Degree

44.6%

Post-Baccalaureate Certificate

3.7%

Master's Degree

10.9%

Post-Master's Certificate

1.1%

First Professional Degree

0.2%

Doctoral Degree

3.1%

Post-Doctoral Training

0.4%

Online Business Administration & Management Programs

There are 2,443 colleges that offer a bachelor’s degree in business administration and management, with 809 of them offering at least some courses online.

Online learners must listen or watch video lectures, participate in group chats or forums, submit papers and assignments electronically, take tests, and meet deadlines.

Getting your degree online is not easy and includes watching and listening to hours of lectures, participating in group charts, submitting papers by the appropriate deadline and taking tests. Some online programs will also feature internships or in-person clinical hours.

Is a Business Administration & Management Major Worth It?

The median salary for a business administration grad is $103,000 per year. This is based on the weighted average of the most common careers associated with the major.

This is 165% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,284,200 after 20 years!

business administration and management salary compared to typical high school and college graduates over a 20 year period

References

Bureau of Labor Statistics
National Center for Education Statistics
O*NET Online
Image Credit: Mike Moore via License

Featured Business Administration / Management Schools

Find Schools Near You

Our free school finder matches students with accredited colleges across the U.S.