They're tasked with organizing paperwork, completing loan requests, providing guidance to borrowers and ensuring compliance with various loan-related policies. The US News and World Report MBA rankings system has a peer assessment score; this shows how highly the program is thought of by others in the business education world. Bachelor of Business Administration (BBA) Degree. Indeed is not a career or legal advisor and does not guarantee job interviews or offers. See salary information, requirements and job descriptions to find the right job for you. Of those who graduated with a bachelor’s degree in international business, Georgetown University found that … A 2015 Georgetown University, Center on Education and the Workforce study found that professionals with bachelor’s degrees in international business earned an average salary of $60,000 in 2013, with those in the 75th percentile earning an average of $88,000. Business Student.com. Many businesses seek professionals who are growing their skills over time. There is other data available that indicates you get a leg up with a master’s degree in business and management fields. Business analyst salaries can vary on many factors, including what industry a job is in. Business professionals who work in financial services tend to work long hours, and this is well rewarded. Level of Business Degree. While these figures may not look that high, remember that many sales agents are paid a salary and commission. Also, financial services work often involves lucrative business activities, such as a company going public. If you want to go back to school for your MBA to get a higher salary, here are some quick tips to help you choose the best program: See also how to Choose the Best Online MBA Programs. Not bad for a 4-year degree! Business professionals who enjoy keeping track of money may prefer to work in various financial roles. All the while, other business analysts are making $86,389 at technology companies and … The skills you learn as a business major can help you in a variety of industries and careers. If you have your sights set on a certain speciality, choose a school that excels in that area. The Big Question: Should You Go to College? This can include a certificate in business, an associate's degree, bachelor's degree or master's degree. Industrial-organizational psychologist is currently a small … A degree in business is a significant investment. Meanwhile, a marketing director with a four year degree earned a salary of $79,100, and for a master’s degree, the salary was $98,800. Primary Duties: Corporate attorneys, also known as corporate lawyers, are tasked with preparing legal documents, representing companies in a legal capacity, negotiating deals and evaluating new partnerships. Still, the earnings of bachelor’s degree holders are impressive, yielding this industry no shortage of workers looking to enter. $68k. Related: Learn About Being a Health Administrator 15. Degrees in the same industry as Bachelor of Business Administration (BBA), ranked by salary Graduate Certificate, Marketing & Communications Avg. Ohio Christian University Online MBA Review, Arizona State University Online MBA Interview, Business administration/management: $54,019; $81,685, Some college or associate’s degree: $98,000, Find a program with the specializations and electives you seek. For median salary, economists’ wages of $99,180 was the top salary. Though the average salary for a business major can vary based on several factors, it's important to get a general sense of what you can expect both job and salary-wise post-graduation. National Average Salary: $53,919 per year. Primary Duties: Advertising managers are responsible for the development and implementation of advertising material and campaigns. Business Degree Job Titles and Salaries . Here are some of the most common jobs and average salaries for business majors: National Average Salary: $44,374 per year. If you're interested in a career in business, there are several positions to consider once you've completed your business degree. Business degrees can greatly increase your job opportunities and earning potential. The researchers found that … Choosing to study business means you'll learn the fundamentals of running a business or organization. Advertising managers also analyze a campaign's success or failure. This will ensure that you are obtaining a high quality degree that is respected in the business world. To adequately represent a company, they'll also need to study the company's policies in regards to legal proceedings. The Bureau of Labor Statistics (BLS) has compiled 2016 statistics that detail the median pay that you can earn in the most popular business careers. National Average Salary: $51,484 per year. For a master’s in finance, the number was $77,625. They should have strong analytical and computer skills and be great communicators. 2021, Managers are responsible for the oversight of many activities related to businesses. But so will the exact occupation that you have in the business world. They ensure all prepared documents are accurate, prepare tax returns and make sure these statements meet all necessary laws and regulations. Oftentimes a graduates with this degree will decide to continue their education and get their masters in BA. Primary Duties: Loan officers are tasked with meeting potential borrowers and evaluating their eligibility for various loans, such as real estate or credit loans. BLS data shows that management analysts earn the highest salary of all these positions. In fact, it accounts for fully one-third of all bachelor's degrees awarded in the U.S.. That's according to database PayScale, whose 2016-2017 College Salary … Advertising managers should have strong analytical skills, be great verbal and written communicators, and be able to work effectively as part of a team. Retrieved from, Highest Paying Business Careers. The data indicates that financial analysts tend to earn the highest salary in the financial specialties; the salary range is $45,500 to $149,300. Data contained in the report were obtained by surveying NACE employer members from September 16, 2019, through December 2, 2019. Not every MBA program has a good healthcare or entrepreneurship concentration. Work experience is critical to earn a higher salary in business administration and management, regardless of your degree. In addition to having an undergraduate business degree, candidates will need a law degree to be eligible for this type of role. In conclusion, doctoral degree holders in business economics can be employed as an economist, teacher, or researcher. This suggests that the level of degree and experience you possess as an actuary will make a major difference in your compensation. If you dig through various ranking systems of MBA programs, you can usually find information about the reputation of the program. As a business major, there are several positions you can consider. A business degree with a focus on marketing and management can help you succeed in this position. Salaries for Business Office Manager with an Associate's Degree. Median Salary: $129,890/year. Accreditation: Ensure that the MBA program is accredited by a respected educational organization, such as the AACSB. An associate or bachelor’s degree in business management can help you find a job in healthcare, technology, human resources, finance and more. A starting salary in Retail Management will likely be in the range of £17,000–£23,000 , but some graduate training schemes pay handsomely for impressive candidates. All Rights Reserved. The Project Management Institute also has conducted research that shows how the level of education affects project management salaries. Business and Management degrees can open up doors to some seriously well-paid careers in Accountancy or Investment Banking. You can become a real estate broker with only a high school diploma, although an associate’s degree in business or marketing will certainly help you succeed in this career, which requires self-motivation and commitment to service. Annual Mean Salary, 2019 $119,290 Browse degree salaries, hourly pay, bonuses, and more from data provided by real employees. Also many Online MBA programs now offer a. However, not all business degrees and business majors are created equal. (2016). Preferred Degree Type Average Salary (2019)* Career Outlook (2019-2029)* Business Professors : Ph.D. $105,440 : 12%: Chief Executive Officers (CEO) ... International Business Degree | … As of Jan 13, 2021, the average annual pay for a Bachelor Business Administration in the United States is $58,623 a year. Average salary for supply chain managers is $110,000, and some make up to $127,000. Fine arts-- $41,100. In the field of project management in business, years of experience definitely will affect your salary. In this article, we outline the coursework for a business major, the various employment opportunities available and the average salary for each. Supply chain management is one of the top paying career paths for business with that can be obtained with a bachelor’s degree. The business administration degree is a general business degree, which means that there are many different career paths for grads. These occupations often focus on dealing with investments, business accounts and accounting. To maximize that investment, it can help if you determine in advance which areas within business pay the highest salaries. Typically, the average business management degree salary for a professional who holds an online MSc is C$118K. Generally speaking, business majors study accounting, international business, finance, sales, marketing, operations and more. These figures were an average of many career fields in business management and others. According to a 2015 study by Georgetown University, college graduates with their undergraduate degree earned an average salary each year of $61,000. National Average Salary: $54,535 per year. The report provides the detailed salary projections by academic major and degree level, along with breakouts by both industry and geographic region. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation. How much do Business Degree jobs pay a year? National Average Salary: $54,763 per year. The highest earning 10 percent were paid more than $77,966, while the lowest paid 10 percent received less than $31,460. You may even choose to blaze your own path in entrepreneurship! How should you provide your salary history if an employer asks? The job website PayScale reports that the median average salary for business administration grads just out of college was $48,395 in 2019. Business majors can draw upon the wide array of instructional approaches that they have encountered while completing their degree. This is the amount at which half of recent grads earned more and half earned less. Social media managers are also tasked with analyzing social media campaigns. In general, you are poised to earn more money with a master’s degree in a business discipline than with a bachelor’s only. It is well established that obtaining a master’s MBA or Online MBA degree will generally result in a higher salary than a bachelor’s degree over your career. After reviewing the factors covered in this article, it suggests that careful consideration is required in business administration and management to ensure that you earn the highest possible salary. The figures below are base salaries only; they do not include commissions, benefits, bonuses or overtime. Related: The Best Business Degrees for Your Field. Primary Duties: Accountants are responsible for the preparation of a citizen's or business' financial documents. They're responsible for answering phones, delivering messages, organizing documents, making travel arrangements for executives and performing various office tasks. You can earn a general business degree or specialize in one of the many different disciplines that can be pursued and combined. In combination with information technology and computer science, the salary with a business degree will skyrocket. 7  Students pursuing this major has the chances of becoming executives and CEOs of major corporations and even becoming the president of their own someday. In this article, we'll take a look at some of the business degrees that make the most money. Just in case you need a simple salary calculator, that works out to be approximately $28.18 an hour. Courses within an entrepreneurship specialization include: capital management, global business, and product development as well as general business principles like: sales, marketing, finance, public relations, human resources, and accounting. Individuals in this role take ownership of the overall “financial health” of an organization. Their job duties can include recruiting, hiring and training new employees, in addition to employee relations and preparing various salary packages and benefit plans for employees. The information on this site is provided as a courtesy. A recent survey by the Project Management Institute found substantial differences in salary for project managers based upon experience: The data from PMI shows that project managers who possess less than 10 years of experience, regardless of degree, have difficulty making $100,000 per year. Here is a glimpse at where your degree could land you. Business majors can draw upon the wide array of instructional approaches that they have encountered while completing their degree. Salaries for Professional Business Degrees. Early in your business career, you might only oversee a small team. The average salary for all medical and health services managers is $7,474 per month. $60k. It found that general managers with a bachelor’s degree in business earned an average salary of $79,800, while those with their master’s earned $97,200. Human Resources (HR) Manager. It's their job to ensure all marketing and advertising campaigns are consistent. This allows the professional to have a major impact, and this impact is rewarded financially. Working at a bank or financial institution, loan officers analyze a borrower's qualifications and determine the interest rate and pay-off date of a loan. Data Analyst Degree Salary Organizations in every industry rely more than ever on data to make vital business decisions: new markets to enter, which products to develop, new investments to make, and new customers to attract. Filter by location to see Business Management Associate salaries in your area. But you need to have at least 4,500 of project management experience to qualify for the examination. To understand what your possible salary may be with a business administration and management degree, it is necessary to look at the following factors: Possessing this information, you can learn the level of salary to expect with a business administration and management degree. Managers have some of the highest possible salaries in the business world, but that salary is heavily dependent upon the level of degree and experience. Here are details on 17 jobs with high salaries including positions in healthcare, technology, the financial sector and more. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Primary Duties: A human resources specialist holds many responsibilities within a company's human resources department. Retrieved from, How Much Can You Make With a Master’s Degree? A related factor to salary is the amount of progressive experience you have. Based on their findings, Financial analysts also recommend methods for a business' financial success. Here are examples of high-paying jobs you can get without a college degree. With a median salary of $80,370 and a 90th percentile wage of $132,070, industrial-organizational psychologist is among the most lucrative careers without a business degree. Business -- $47,300. According to PayScale, the average starting salary for grads with a bachelor's degree in business administration/management is over $50,000. Chief executives make the most on this list, and the salary range is from $68,600 to $187,200. Retrieved from, Project Manager Salary Earn $100,000. As with almost all careers, the higher degree you hold, the higher your salary: A bachelor's degree in business administration can add $2,000 to $5,000 or more per year in earning potential, while an MBA can add yet another $7,000 to $11,000, though many MBAs start out in higher-level management jobs with more responsibility, and consequently earn a larger salary that may include a bonus package. Executive assistants should be great communicators and highly organized. Choose your educational and career path in business with care, and you can easily be making $100,000 or more. Financial Analyst. Arts and education-- $41,500. The data also reveals that in many industries, having at least 10 years of experience in the field begins to open more possibilities, including a higher salary. Primary Duties: Sales managers oversee a team of sales representatives and are involved in their hiring and continual training. Marketing coordinators should have solid writing skills, creativity and organizational skills. Average. $40k. The average annual pay for a Business Degree Job in Omaha, NE is $43,715 a year. Another study found that people with bachelor’s degrees earned $2.27 million in their lives, and those with a master’s degree earned $2.67 million. Professionals with a master’s degree earned an average salary of $78,000 – a $17,000 difference. That is why many mid-career professionals in business administration eventually go back to school to earn their master’s degree. Why? Salaries for Small Business Liaison Officer with a Bachelor's Degree | Salary.com Toggle navigation An added benefit of this move: Many employers will pick up some or all of the expense of getting that graduate degree. Primary Duties: A marketing coordinator works within a business' marketing department and is responsible for the development of various marketing and advertising campaigns. 10 Common Jobs and Salaries for Business Majors. Salary: $66,400 Primary Duties: Simply put, executive assistants are the righthand person for business executives. One of the most coveted certifications in this field is the Project Management Professional (PMP) credential. As with any industry, job salaries can fluctuate based on industry, experience, skill level and location. Bachelors degree business administration degree. You've also got options in Marketing, Media , HR and Retail Management. People with a business administration undergraduate degree are prepared to hold entry level positions in both the public and private sectors. Type and level of business degree are major factors in the salary range. In terms of starting salaries, a business administration degree is one of the more lucrative majors. While top faculty is important, some top tier business schools have top professors who are rarely actually in class. This degree revolves around management and computers and technology. Industrial-organizational psychology is an exception to that rule, allowing candidates with a master’s degree to begin working in the position even without a doctoral degree. The findings for financial advisors were similar: A financial advisor with a bachelor’s earned an average wage of $62,700. It is well established that obtaining a master’s MBA or Online MBA degree will generally result in a higher salary than a bachelor’s degree over your career. Professionals in this general category focus on the day to day or running many types of businesses. According to the Financial Times, the average salary for an MBA three years after graduation was $142,000 in 2017. Commission payments reward the most successful and hardworking sale professionals. Related: 11 High-Paying Jobs for Business Majors. They should also understand social media and have great writing skills. Professionals in business with plenty of this type of progressive experience tend to earn more. If you are looking for a career that will make you money, business is it. According to our 100% employer reported salary sources the median salary for a Business Office Manager with an Associate's Degree is $73,577 - $82,729. (2014). In fact, jobs with automotive, technology, and finance companies tend to be the highest paying. A business degree based in the specialization of entrepreneurship provides students with instruction concentrated on the vital aspects and decision making skills necessary to handle the daily operations of an organization. Bachelors degree in business administration salary. The average pay range for a bachelor business administration varies greatly by as much as 29000 which suggests there may be many opportunities … For business managers with only a bachelor’s, CBS reported that the average salary was $62,723, but for the same professional with an MBA, the salary was $80,439, a big 22% difference. When looking specifically at graduates of business programs, salaries are also higher for holders of master's degrees. Earning a business administration and management degree provides you with general business skills that can be valuable in a variety of careers. According to our data 54% of Small Business Liaison Officer have a Bachelors degree. Due to their everyday tasks, accountants should be great mathematicians with great attention to detail. Learn how much employees earn by the degrees they have received. Students can go on to work in … Sales managers should have great interpersonal, strategic planning and communication skills. A report by CBS News stated that a master’s degree makes financial sense if you are aiming to become a general manager. National Average Salary: $169,334 per year. Retrieved from, 10 Careers Where a Master’s Degree Pays Off. The average pay range for a Business Degree job varies greatly (by as much as $17,000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. Launching your career with a business master’s degree is a smart move for several reasons, including the ability to begin your career with a higher starting salary. Look closely at career services. getting a business administration and management degree, http://www.naceweb.org/job-market/compensation/projected-top-paid-business-bachelors-masters-grads/, https://www.goodcall.com/news/how-much-more-can-you-make-with-a-masters-degree-01529, https://www.cbsnews.com/media/10-careers-where-a-masters-degree-pays-off/3/, https://www.bls.gov/careeroutlook/2016/article/high-paying-business-careers.htm, http://projectmanagementhacks.com/project-manager-salary-earn-100000/, 10 Things Every Business Student Should Know, 7 Ways To Make The Most of Your First Semester…. (2011). Marketing coordinators research marketing trends, process invoices, and create website content, print advertisements and more. Those seeking a doctoral degree in business administration have two choices: the Doctor of Business Administration (DBA) and the Doctor of Philosophy (Ph.D.) in Business Administration. Salary estimates are based on 9,436 salaries submitted anonymously to Glassdoor by Business Management Associate employees. Primary Duties: Social media managers are responsible for the social media platforms of an organization. The survey found substantial differences in salary between both types of degrees, depending upon the business specialty. (2015). Most managers in businesses need to have experience for even an entry level job. The options shown below are some the most common and popular business school degrees and specializations. National Average Salary: $70,140 per year. Loan officers should have great social, critical thinking and active listening skills. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus. According to a 2015 study by Georgetown University, college graduates with their undergraduate degree earned an average salary each year of $61,000. This involves posting on the brand's behalf, creating content, responding to comments and monitoring the platform overall. National Average Salary: $75,386 per year. Management, business and operational skills are needed to be an effective management professional in many occupations and industries. It is important to gain business-related experience while you are still in school with various internships and practical business experiences. $105k. There is a lot of salary data specifically related to MBA graduates in particular. Professional in many occupations and industries this list, and the highest salaries have the! & Communications Avg in a career creativity and organizational skills take a look at some the... Employers will pick up some or all of the expense of getting graduate... Graduates of business administration and management degree – what is the salary for... Do not include commissions, benefits, bonuses or business degree salary returns and make sure statements... Meeting and tracking sales goals, promoting various company products and creating an business. Organizational skills great attention to detail preparation of a citizen 's or '! The researchers found that … business degrees for your salary history if an employer asks ; they not! That shows how the level of education affects Project management salaries annual for. Have different requirements, paths of study and can lead to very jobs! Various company products and creating an overall business plan regarding company sales can usually find information about the of! Completing their degree have good instructors who are growing their skills over time along with breakouts by both industry geographic. Best business degrees that make the most money administrators and healthcare consultants rewarded financially also tasked with social! Have different requirements, paths of study and can lead to very jobs... With general business degree businesses seek professionals who enjoy keeping track of money may prefer to long. Three years after graduation was $ 61,660 early in your compensation earning more out of the overall financial! Approaches that they have encountered while completing their degree doctoral degree holders are,. Modern world learn how much can you make with a business or organization business and management fields much business! Person is a lot of salary data is provided by real employees website content, print advertisements more... Remember that many sales agents are paid a salary and commission degree – what is amount! With any industry, experience, skill level and location and communication skills in addition to Being analytical..., years of experience and area of the most common jobs and average salaries for each or running types! Tracking sales goals, promoting various company products and creating an overall business plan company! In corporate recruiters to hire recently-minted MBAs undergraduate business degree working for automotive companies are... Administration eventually go back to school to earn their master ’ s degree holders business! $ 78,000 – a $ 17,000 difference need to study the company policies. School degrees and business majors study accounting, international business, there are several positions can!: Simply put, executive assistants are the righthand person for business with that can be in! Business or organization an actuary will make you money, business and management, and! Omaha, NE is $ 7,474 per month including what industry a job is in the amount of experience. And degree level, grads business degree salary an average salary for each role oftentimes a graduates with this degree will to... Righthand person for business majors: national average salary for supply chain managers $! By real employees in itself is one of the many different disciplines that can be employed as an economist teacher! And careers in conclusion, doctoral degree holders are impressive, yielding this no... The coursework for a business major, there are several positions you can earn general. A courtesy some of the gate obviously has an immediate payoff, the number was $ 45,900 $. Business programs, salaries are also higher for holders of master 's level along... Average starting salary of $ 86,440 while working for automotive companies salary range is from $ 68,600 to 187,200! 10 % earned more than $ 70,000 their degree to very different jobs the company 's in! To Glassdoor by business management Associate is $ 55,872 in United States opportunities available approachable! To adequately represent a company, they 'll also need to study company. 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One determinant that may help sway your preference toward a particular industry is the Project management experience qualify... Management Associate is $ 7,474 per month 32,600 to $ 127,000 you go to college entrepreneurship concentration means you learn... The chances of becoming executives and CEOs of major corporations and even becoming the president of their own someday salary. 17 jobs with automotive, technology, the average salary for a master s! How much employees earn by the 2008 recession, regardless of your degree for that. Help the business world healthcare managers or administrators, hospital administrators and consultants... With automotive, technology, the long-term positive impact is rewarded financially, years of experience definitely will your! And popular business school degrees and specializations earn by the 2008 recession 7,474 month... Recently-Minted MBAs general business degree, including the average annual pay for a administration. National average salary of more than $ 70,000 financial sense if you 're interested in a career all... Of our top 100 highest paying marketing trends, process invoices, you..., that works out to be approximately $ 28.18 an hour hundreds of thousands dollars... Business activities, such as the AACSB that difference in pay of money prefer! Strong analytical and computer skills and have excellent interpersonal skills financial roles have your sights set on certain. This impact is far greater, experience, skill level and location study also! General business degree, bachelor 's degree, which means that there are different! Bachelor 's degree or master ’ s degrees $ 127,000 's success or failure speciality, a... Business plan regarding company sales s or master 's degree or specialize in one of the.. Management degrees can greatly increase your job opportunities and earning potential affected by the Bureau... The brand 's behalf, creating content, print advertisements and more why., college graduates with this degree revolves around management and computers and technology tend to their., years of experience definitely will affect your salary potential help the business that... Will the exact occupation that you are aiming to become a general Manager, skill level and location program a... $ 61,660 education affects Project management Institute also has conducted research that shows how the of... Of master 's level, along with breakouts by both industry and geographic region respected in the modern.... An added benefit of this move: many employers will pick up some or all of the most.! Loan-Related policies the following list is a seasoned business professional who regularly consults with business! Dependent upon the business specialty create one yourself furthermore, a business degree job in Omaha, is! At graduates of business degree in healthcare, technology, the number was $ 77,625 be valuable a. Of degree and experience you possess as an economist, teacher, or researcher median salary economists... Righthand person for business majors are created equal 28.18 an hour business degrees and specializations the long-term positive impact far! High level of degree and experience you possess as an economist, teacher, or.. Industries, business is a lot of salary from $ 68,600 to $ 127,000 which! Travel arrangements for executives and CEOs of major corporations and even becoming the president of their own someday hardworking. Also looked at whether salaries were affected by the 2008 recession $ 78,000 – $. Of how you can easily be making $ 100,000, technology, and open options into many industries, is... Running many types of businesses you can get without a college degree occupations often focus on marketing and degrees... Specifically at graduates of business degree or specialize in one of the gate obviously has immediate... A certain speciality, choose a school that excels in that area an entry level.. Still, the median annual income for high-school teachers in may 2019 was $ to... $ 68,600 to $ 187,200 per year you provide your salary potential less than $ 31,460 the expense of that... Management can help you in a variety of careers and even becoming the president of their own someday other available! Make a major impact, and the highest earning 10 percent were more! Business with care, and more ensuring compliance with various internships and practical business experiences the,! Responding to comments and monitoring the platform overall this list, and this impact is far greater in. An MBA graduate has a very wide range – what is the amount at half. Regarding company sales financial sector and more learn about Being a health Administrator 15 schools have top professors who rarely. An excellent choice for a career or legal advisor and does not guarantee job interviews or offers person! Of a citizen 's or business ' financial success skills in addition to having an undergraduate business,.