3,080 colleges are offering Business program through certificate, undergraduate, and graduate levels. For bachelor's degree, 1,823 schools have the Business program and 1,320 schools are offering the program in graduate levels. In 2023, a total of 837,848 students completed the program and earned a degree or certificate in the area. By degree level, 105,921 students earned undergraduate certificate, 104,471 students earned associate's, 398,505 students earned bachelor's, and 214,835 students earned master's or doctoral degrees.
- 1 March 2024 (Updated)
Expected Earning after Completing Business Program is $51,863
Colleges Offering Business and Number of Degree Earners
The 2024 average tuition of schools that have Business program is $9,398 for state residents and $27,077 for out-of-state students. For graduate Business programs, the average tuition is $10,890 for state residents and $19,134 for out-of-state students.
The following table summarizes the Business schools by offered degree and number of completers.
| Degree Level | Schools Offered | Completers | ||
|---|---|---|---|---|
| Total | Men | Women | ||
| Associate | 1,605 | 104,471 | 41,740 | 62,731 |
| Bachelor | 1,823 | 398,505 | 213,008 | 185,497 |
| Master | 1,320 | 210,326 | 106,157 | 104,169 |
| Doctoral | ||||
| Doctoral (Research) | 288 | 3,994 | 2,014 | 1,980 |
| Doctoral (Professional Practice) | 18 | 229 | 131 | 98 |
| Doctoral (Other) | 5 | 286 | 112 | 174 |
| Undergraduate Certificate | ||||
| 2-Years Certificate | 1,114 | 18,254 | 5,632 | 12,622 |
| 2-4 Years Certificate | 36 | 493 | 196 | 297 |
| Certificates of less than 12 weeks | 166 | 9,024 | 5,294 | 3,730 |
| Certificates of at least 12 weeks but less than 1 year | 1,202 | 78,150 | 29,184 | 48,966 |
| Graduate Certificate | ||||
| Post-Bachelor Certificate | 592 | 14,116 | 6,597 | 7,519 |
| Post-Master Certificate | 123 | 1,505 | 762 | 743 |
Data Source: IPEDS, U.S. Department of Education
Average Salary by Program in Business Study
The average salary after completing bachelor's Business is $51,863. The salary is based on the median annual earnings of students three years after graduation. The earning with Business Master's degree is $76,011.
The average loan debt of the completers in Business programs is $23,861
and the estimated monthly loan payment is $239. The debt amount is based only on federal loan debt originated at the school awarding the credential, if it were repaid over 10 years at a 3.73% interest rate.
For Business program, the graduates from Washington University in St Louis have the highest earning of $123,261 (Bachelor's degree). Students from University of Pennsylvania and Bismarck State College follow it with average earning $113,729 and $113,181 respectively.
| Tuition & Fees | Annual Salary | Monthly Earning | Loan Debt | Monthly Loan Payment | |
|---|---|---|---|---|---|
| Washington University in St Louis | $62,982 | $123,261 | $10,272 | $16,698 | $167 |
| University of Pennsylvania | $66,104 | $113,729 | $9,477 | $17,068 | $171 |
| Bismarck State College | $7,279 | $113,181 | $9,432 | $17,875 | $179 |
| Carnegie Mellon University | $63,829 | $107,720 | $8,977 | $23,250 | $232 |
| Massachusetts Institute of Technology | $60,156 | $97,186 | $8,099 | - | - |
Data Source: College Scorecard
Average Earning and Debt by Business Sub Major Programs
In Business area, the graduates who completing Construction Management program have the highest salary of $72,982 and Real Estate program have the second highest salary of $64,201 in average.
Associate's Construction Management program shows the highest earning ($49,039) and Human Resources Management and Services program follows with $36,692 average salary.
Real Estate Master's program has $117,860 average salary and Construction Management program completers earn $109,077 yearly.
The next table shows the average earning and debt after completing Business area by major program and degree. The average annual earning is calculated based on the earning of students three years after graduation.
- Only data from students who received federal financial aid are included in the calculation.
- The actual earning may differ from the average value.
| Annual Salary | Monthly Earning | Loan Debt | Monthly Loan Payment | |
|---|---|---|---|---|
| Business/Commerce, General Program Details | ||||
| Certificate | $17,148 | $1,429 | $21,136 | $211 |
| Associate | $33,350 | $2,779 | $17,875 | $179 |
| Bachelor's | $49,161 | $4,097 | $25,580 | $256 |
| Master's | $84,407 | $7,034 | $39,205 | $441 |
| Doctoral | $101,708 | $8,476 | - | - |
| First Professional Degree | $141,854 | $11,821 | $35,256 | $396 |
| Post-MS | $71,588 | $5,966 | $20,500 | $230 |
| Business Administration, Management and Operations Program Details | ||||
| Certificate | $40,685 | $3,390 | $13,593 | $136 |
| Associate | $31,872 | $2,656 | $16,834 | $168 |
| Bachelor's | $48,003 | $4,000 | $24,405 | $244 |
| Master's | $76,982 | $6,415 | $38,603 | $434 |
| Doctoral | $71,114 | $5,926 | $89,194 | $1,003 |
| First Professional Degree | $118,626 | $9,886 | $56,925 | $640 |
| Post-MS | $64,778 | $5,398 | $38,403 | $432 |
| Accounting and Related Services Program Details | ||||
| Certificate | $25,040 | $2,087 | $11,967 | $120 |
| Associate | $33,440 | $2,787 | $17,797 | $178 |
| Bachelor's | $54,246 | $4,521 | $24,110 | $241 |
| Post-BS | $62,274 | $5,190 | $16,666 | $167 |
| Master's | $69,100 | $5,758 | $28,994 | $326 |
| First Professional Degree | $78,047 | $6,504 | $22,000 | $247 |
| Business Operations Support and Assistant Services Program Details | ||||
| Certificate | $20,463 | $1,705 | $9,876 | $99 |
| Associate | $25,662 | $2,138 | $17,852 | $178 |
| Bachelor's | $18,026 | $1,502 | $14,941 | $149 |
| Master's | $65,144 | $5,429 | - | - |
| Business/Corporate Communications Program Details | ||||
| Bachelor's | $46,196 | $3,850 | $24,037 | $240 |
| Master's | $51,878 | $4,323 | $41,000 | $461 |
| Business/Managerial Economics Program Details | ||||
| Bachelor's | $59,243 | $4,937 | $20,619 | $206 |
| Master's | $82,148 | $6,846 | $41,000 | $461 |
| Entrepreneurial and Small Business Operations Program Details | ||||
| Associate | $31,638 | $2,636 | $25,574 | $255 |
| Bachelor's | $44,221 | $3,685 | $22,783 | $228 |
| Master's | $96,389 | $8,032 | $48,793 | $548 |
| Finance and Financial Management Services Program Details | ||||
| Certificate | $13,439 | $1,120 | $13,876 | $139 |
| Associate | $34,483 | $2,874 | $12,000 | $120 |
| Bachelor's | $60,393 | $5,033 | $22,237 | $222 |
| Master's | $85,156 | $7,096 | $43,557 | $490 |
| First Professional Degree | $126,773 | $10,564 | $44,385 | $499 |
| Post-MS | $70,471 | $5,873 | - | - |
| Hospitality Administration/Management Program Details | ||||
| Certificate | $19,834 | $1,653 | $15,089 | $151 |
| Associate | $25,466 | $2,122 | $17,415 | $174 |
| Bachelor's | $43,427 | $3,619 | $22,199 | $222 |
| Master's | $59,009 | $4,917 | $42,043 | $473 |
| Human Resources Management and Services Program Details | ||||
| Certificate | $48,047 | $4,004 | $13,342 | $133 |
| Associate | $36,692 | $3,058 | $19,438 | $194 |
| Bachelor's | $49,198 | $4,100 | $26,622 | $266 |
| Post-BS | $43,612 | $3,634 | - | - |
| Master's | $62,167 | $5,181 | $41,106 | $462 |
| Doctoral | $83,754 | $6,979 | $106,563 | $1,198 |
| Post-MS | $61,644 | $5,137 | $64,433 | $725 |
| International Business Program Details | ||||
| Bachelor's | $55,166 | $4,597 | $21,991 | $220 |
| Master's | $85,801 | $7,150 | $64,783 | $728 |
| Management Information Systems and Services Program Details | ||||
| Certificate | $25,060 | $2,088 | $23,731 | $237 |
| Associate | $36,429 | $3,036 | $20,946 | $209 |
| Bachelor's | $61,640 | $5,137 | $22,887 | $229 |
| Master's | $82,171 | $6,848 | $35,862 | $403 |
| Doctoral | $128,733 | $10,728 | - | - |
| Management Sciences and Quantitative Methods Program Details | ||||
| Associate | $22,658 | $1,888 | $18,626 | $186 |
| Bachelor's | $62,330 | $5,194 | $22,274 | $223 |
| Master's | $99,458 | $8,288 | $38,727 | $435 |
| First Professional Degree | $123,182 | $10,265 | $51,390 | $578 |
| Post-MS | $72,712 | $6,059 | $43,797 | $493 |
| Marketing Program Details | ||||
| Associate | $32,283 | $2,690 | $18,570 | $186 |
| Bachelor's | $49,745 | $4,145 | $23,072 | $231 |
| Master's | $74,314 | $6,193 | $36,383 | $409 |
| Post-MS | $75,651 | $6,304 | $168,186 | $1,891 |
| Real Estate Program Details | ||||
| Certificate | $32,424 | $2,702 | $13,111 | $131 |
| Associate | $32,484 | $2,707 | $29,065 | $291 |
| Bachelor's | $64,201 | $5,350 | $21,176 | $212 |
| Master's | $117,860 | $9,822 | $52,487 | $590 |
| Taxation Program Details | ||||
| Master's | $88,798 | $7,400 | $31,915 | $359 |
| Insurance Program Details | ||||
| Bachelor's | $61,948 | $5,162 | $23,319 | $233 |
| Master's | $95,227 | $7,936 | $41,000 | $461 |
| General Sales, Merchandising and Related Marketing Operations Program Details | ||||
| Certificate | $11,657 | $971 | $23,544 | $235 |
| Associate | $30,708 | $2,559 | $16,957 | $170 |
| Bachelor's | $54,864 | $4,572 | $23,298 | $233 |
| Master's | $95,196 | $7,933 | $69,878 | $786 |
| Specialized Sales, Merchandising and Marketing Operations Program Details | ||||
| Certificate | $16,539 | $1,378 | - | - |
| Associate | $32,319 | $2,693 | $17,636 | $176 |
| Bachelor's | $39,479 | $3,290 | $29,507 | $295 |
| Master's | $103,085 | $8,590 | $65,272 | $734 |
| Construction Management Program Details | ||||
| Associate | $49,039 | $4,087 | $15,793 | $158 |
| Bachelor's | $72,982 | $6,082 | $23,544 | $235 |
| Master's | $109,077 | $9,090 | $42,539 | $478 |
Data Source: College Scorecard
