Master’s Degrees in General Business/Commerce
Education Levels of General Business Majors
During the most recent year for which data is available, 9,096 people earned their master's degree in general business. This makes it the 28th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in general business at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 25,331 |
| Associate Degree | 17,216 |
| Master’s Degree | 9,096 |
| Basic Certificate | 3,487 |
| Undergraduate Certificate | 1,474 |
| Graduate Certificate | 368 |
| Doctor’s Degree | 232 |
Earnings of General Business Majors With Master’s Degrees
The median salary for graduates holding a master's degree in general business is $78,070. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money. A better approximation of salary is to look at the typical range of salaries. In this case the low is $69,042 and the high is $99,624.
Student Debt
The data on debt ranges for general business majors who have their master's degree is not available.
Student Diversity
More men than women pursue master's degrees in general business. About 56.6% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 5,147 |
| Women | 3,949 |
The racial-ethnic distribution of general business master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 551 |
| Black or African American | 807 |
| Hispanic or Latino | 715 |
| White | 5,083 |
| International Students | 1,276 |
| Other Races/Ethnicities | 664 |
Most Popular General Business Programs for Master’s Degrees
There are 128 colleges that offer a master’s degree in general business. Learn more about the most popular 20 below:
Indiana University - Bloomington tops the list of the most popular school in the U.S. for general business majors who are seeking their master's degree. Each year, around 43,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,312 per year, while in-state graduate students, on average, pay $10,133 per year. During the most recent year for which we have data, 873 people received their master's degree in general business from IU Bloomington. Of these students, 30% were women and 24% were members of underrepresented racial-ethnic groups. Indiana University - Bloomington general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
The 2nd most popular school in the country for general business majors who are seeking their master's degree is Campbellsville University. Each year, around 12,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $26,490 per year, while in-state graduate students, on average, pay $9,620 per year. During the most recent year for which we have data, 761 people received their master's degree in general business from Campbellsville University. Around 4% of these students were from an underrepresented racial-ethnic group, and 31% were women. Data shows that Campbellsville University graduates that hold this degree go on to make a median salary of $78,070.
Johns Hopkins University comes in at #3 on our list of the most popular colleges offering master's degrees in general business. Each year, around 28,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $62,840 per year, while in-state graduate students, on average, pay $62,840 per year. During the most recent year for which we have data, 312 people received their master's degree in general business from Johns Hopkins. About 39% of this group were women, and 33% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in general business at Johns Hopkins University make a median salary of 78,070.
University of Central Florida is the 4th most popular school in the nation for students seeking a master's degree in general business. Roughly 71,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,478 per year, while in-state graduate students, on average, pay $6,916 per year. During the most recent year for which we have data, 245 people received their master's degree in general business from UCF. Around 48% of these students were from an underrepresented racial-ethnic group, and 46% were women. Data shows that UCF graduates that hold this degree go on to make a median salary of $78,070.
The 5th most popular school in the country for general business majors who are seeking their master's degree is Texas Tech University. Each year, around 40,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,935 per year, while in-state graduate students, on average, pay $6,956 per year. During the most recent year for which we have data, 243 people received their master's degree in general business from Texas Tech. About 44% of this group were women, and 41% were students from an underrepresented racial-ethnic group. Texas Tech University general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
The 6th most popular school in the country for general business majors who are seeking their master's degree is Maryville University of Saint Louis. Roughly 10,900 attend the school each year. The average in-state tuition for full-time undergraduates is $24,766 per year, while in-state graduate students, on average, pay $14,346 per year. During the most recent year for which we have data, 212 people received their master's degree in general business from Maryville U. Around 26% of these students were from an underrepresented racial-ethnic group, and 54% were women. Data shows that Maryville U graduates that hold this degree go on to make a median salary of $78,070.
The 7th most popular school in the country for general business majors who are seeking their master's degree is Northern Kentucky University. Each year, around 16,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,512 per year, while in-state graduate students, on average, pay $10,206 per year. During the most recent year for which we have data, 210 people received their master's degree in general business from NKU. Around 20% of these students were from an underrepresented racial-ethnic group, and 50% were women. Data shows that NKU graduates that hold this degree go on to make a median salary of $78,070.
The 8th most popular school in the country for general business majors who are seeking their master's degree is Post University. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $15,834 per year, while in-state graduate students, on average, pay $6,854 per year. During the most recent year for which we have data, 202 people received their master's degree in general business from Post University. Of these students, 46% were women and 54% were members of underrepresented racial-ethnic groups. Post University general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
University of Wisconsin - Whitewater comes in at #9 on our list of the most popular colleges offering master's degrees in general business. Roughly 11,900 attend the school each year. The average in-state tuition for full-time undergraduates is $6,812 per year, while in-state graduate students, on average, pay $8,858 per year. During the most recent year for which we have data, 199 people received their master's degree in general business from UW - Whitewater. Around 20% of these students were from an underrepresented racial-ethnic group, and 49% were women. Data shows that UW - Whitewater graduates that hold this degree go on to make a median salary of $78,070.
The 10th most popular school in the country for general business majors who are seeking their master's degree is University of Denver. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $58,032 per year, while in-state graduate students, on average, pay $58,032 per year. During the most recent year for which we have data, 195 people received their master's degree in general business from DU. Around 24% of these students were from an underrepresented racial-ethnic group, and 48% were women. Those who complete their master's degree in general business at University of Denver make a median salary of 78,070.
Drexel University is the 11th most popular school in the nation for students seeking a master's degree in general business. Roughly 23,500 attend the school each year. The average in-state tuition for full-time undergraduates is $58,293 per year, while in-state graduate students, on average, pay $36,234 per year. During the most recent year for which we have data, 175 people received their master's degree in general business from Drexel. Around 27% of these students were from an underrepresented racial-ethnic group, and 51% were women. Drexel University general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
The 12th most popular school in the country for general business majors who are seeking their master's degree is University of Louisville. Roughly 22,200 attend the school each year. The average in-state tuition for full-time undergraduates is $12,632 per year, while in-state graduate students, on average, pay $14,222 per year. During the most recent year for which we have data, 167 people received their master's degree in general business from UofL. About 38% of this group were women, and 25% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in general business at University of Louisville make a median salary of 78,070.
Indiana University - Purdue University - Indianapolis comes in at #13 on our list of the most popular colleges offering master's degrees in general business. Each year, around 29,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,241 per year, while in-state graduate students, on average, pay $9,648 per year. During the most recent year for which we have data, 166 people received their master's degree in general business from IUPUI. Around 29% of these students were from an underrepresented racial-ethnic group, and 34% were women. Data shows that IUPUI graduates that hold this degree go on to make a median salary of $78,070.
Georgia State University is the 14th most popular school in the nation for students seeking a master's degree in general business. Each year, around 36,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $7,158 per year, while in-state graduate students, on average, pay $7,164 per year. During the most recent year for which we have data, 165 people received their master's degree in general business from Georgia State. Around 53% of these students were from an underrepresented racial-ethnic group, and 54% were women. Data shows that Georgia State graduates that hold this degree go on to make a median salary of $78,070.
University of Missouri - St Louis is the 15th most popular school in the nation for students seeking a master's degree in general business. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $14,400 per year, while in-state graduate students, on average, pay $14,736 per year. During the most recent year for which we have data, 151 people received their master's degree in general business from UMSL. Of these students, 49% were women and 19% were members of underrepresented racial-ethnic groups. Those who complete their master's degree in general business at University of Missouri - St Louis make a median salary of 78,070.
The 16th most popular school in the country for general business majors who are seeking their master's degree is Columbia College. Roughly 8,300 attend the school each year. The average in-state tuition for full-time undergraduates is $12,268 per year, while in-state graduate students, on average, pay $9,200 per year. During the most recent year for which we have data, 144 people received their master's degree in general business from Columbia College Missouri. About 63% of this group were women, and 34% were students from an underrepresented racial-ethnic group. Columbia College general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
The 17th most popular school in the country for general business majors who are seeking their master's degree is Northeastern University Professional Advancement Network. Roughly 11,300 attend the school each year. The average in-state tuition for full-time undergraduates is $48,464 per year, while in-state graduate students, on average, pay $25,088 per year. During the most recent year for which we have data, 142 people received their master's degree in general business from Northeastern University Professional Advancement Network. Around 15% of these students were from an underrepresented racial-ethnic group, and 42% were women. Those who complete their master's degree in general business at Northeastern University Professional Advancement Network make a median salary of 78,070.
The 18th most popular school in the country for general business majors who are seeking their master's degree is Northeastern University. Roughly 22,900 attend the school each year. The average in-state tuition for full-time undergraduates is $62,000 per year, while in-state graduate students, on average, pay $27,728 per year. During the most recent year for which we have data, 141 people received their master's degree in general business from Northeastern. About 48% of this group were women, and 22% were students from an underrepresented racial-ethnic group. Data shows that Northeastern graduates that hold this degree go on to make a median salary of $78,070.
The 19th most popular school in the country for general business majors who are seeking their master's degree is West Virginia University. Each year, around 26,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,648 per year, while in-state graduate students, on average, pay $10,908 per year. During the most recent year for which we have data, 135 people received their master's degree in general business from WVU. About 34% of this group were women, and 14% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in general business at West Virginia University make a median salary of 78,070.
The 20th most popular school in the country for general business majors who are seeking their master's degree is Florida State University. Roughly 43,500 attend the school each year. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year. During the most recent year for which we have data, 123 people received their master's degree in general business from Florida State. Of these students, 47% were women and 26% were members of underrepresented racial-ethnic groups. Florida State University general business graduates who receive their master's degree go on to jobs earning a median salary of $78,070.
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Related Majors
Below are some popular majors that are similar to general business that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 120,872 |
| Management Sciences & Methods | 41,157 |
| Accounting | 15,888 |
| Human Resource Management | 8,301 |
| Finance & Financial Management | 4,173 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By U.S. Consulate General Munich under License
More about our data sources and methodologies.
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