Small Business Administration/Management

Types of Degrees Small Business Administration/Management Majors Are Getting

The following table lists how many small business administration/management graduations there were for each degree level during the last year for which data was available.

Education Level	Number of Grads
Basic Certificate	1,979
Associate Degree	413
Bachelor’s Degree	312
Undergraduate Certificate	244
Graduate Certificate	1

What Small Business Administration/Management Majors Need to Know

People with careers related to small business administration/management were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Small Business Administration/Management Majors

According to O*NET survey takers, a major in small business administration/management should prepare you for careers in which you will need to be knowledgeable in the following areas:

• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
• Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills for Small Business Administration/Management Majors

The following list of skills has been highlighted as some of the most essential for careers related to small business administration/management:

• Speaking - Talking to others to convey information effectively.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Small Business Administration/Management Majors

A major in small business administration/management will prepare for your careers in which the following abilities are important:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

What Can You Do With a Small Business Administration/Management Major?

People with a small business administration/management degree often go into the following careers:

Job Title	Job Growth Rate	Median Salary
Compliance Managers	8.0%	$107,480
Investment Fund Managers	8.0%	$107,480
Loss Prevention Managers	8.0%	$107,480
Regulatory Affairs Managers	8.0%	$107,480
Security Managers	8.0%	$107,480
Supply Chain Managers	8.0%	$107,480
Wind Energy Operations Managers	8.0%	$107,480

Who Is Getting a Bachelor’s Degree in Small Business Administration/Management?

This major attracts more men than women. About 58% of the graduates in this field are male.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of small business administration/management majors is as follows:

Race/Ethnicity	Number of Grads
Asian	7
Black or African American	33
Hispanic or Latino	26
White	153
International Students	80
Other Races/Ethnicities	13

Geographic Diversity

Students from other countries are interested in Small Business Administration/Management, too. About 25.6% of those with this major are international students.

Amount of Education Required for Careers Related to Small Business Administration/Management

Some degrees associated with small business administration/management may require an advanced degree, while others may not even require a bachelor’s in the field. 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 schooling do you really need to compete in today’s job market? People currently working in careers related to small business administration/management have obtained the following education levels.

Education Level	Percentage of Workers
High School Diploma - or the equivalent (for example, GED)	3.2%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	4.3%
Some College Courses	2.3%
Associate’s Degree (or other 2-year degree)	6.4%
Bachelor’s Degree	58.1%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	2.3%
Master’s Degree	21.1%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level.	1.5%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession.	0.9%

Online Small Business Administration/Management Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	57	6
Certificate (2-4 Years)	2	0
Associate’s Degree	91	15
Bachelor’s Degree	1	1
Post-Baccalaureate	0	0
Master’s Degree	3	0
Post-Master’s	1	0
Doctor’s Degree (Research)	0	0
Doctor’s Degree (Professional Practice)	0	0
Doctor’s Degree (Other)	0	0

Majors Related to Small Business Administration/Management

You may also be interested in one of the following majors related to small business administration/management.

Major	Number of Grads
Entrepreneurship	9,259
Other Entrepreneurial and Small Business Operations	394
Social Entrepreneurship	84
Franchising and Franchise Operations	21

References

*The racial-ethnic minorities 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 racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By Uicbmarketing under License

More about our data sources and methodologies.