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Bachelor's Degree in Business Administration & Management

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Bachelor’s Degrees in Business Administration & Management

169,868 Yearly Graduations
$40,200 Median Salary
$25,000 Median Debt
A bachelor's degree in business administration is offered at 1,619 colleges in the United States. In recent years, the majority of the students getting degrees in this area were male, and 37 were from an underrepresented racial-ethnic group. Also, 6.0% of business administration graduates were international students.

Education Levels of Business Administration Majors

In 2019-2020, 169,868 earned their bachelor's degree in business administration. This makes it the 1st most popular bachelor's degree program in the country.

The following table shows the number of diplomas awarded in business administration at each degree level.

Education Level Number of Grads
Bachelor’s Degree 169,868
Master’s Degree 121,330
Associate Degree 60,445
Basic Certificate 38,749
Undergraduate Certificate 6,565
Graduate Certificate 5,311
Doctor’s Degree 2,466

Earnings of Business Administration Majors With Bachelor’s Degrees

The median salary for graduates holding a bachelor's degree in business administration is $40,200. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. A better approximation of salary is to look at the typical range of salaries. In this case the low is $35,100 and the high is $44,375.

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Student Debt

The median student debt for graduates holding a bachelor's degree in business administration is $25,000. The length of time it takes you to graduate and what college you attend can affect this number quite a bit. The chart below shows the range of accumulated debt loads. On the high side of the range, $28,250 is the debt load, and the debt load on the low side is $21,347.

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Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $259.

Student Diversity

More men than women pursue bachelor's degrees in business administration. About 53.1% of graduates in this field are male.

Gender Number of Grads
Men 90,258
Women 79,610
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The racial-ethnic distribution of business administration bachelor’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 11,504
Black or African American 18,357
Hispanic or Latino 25,959
White 87,085
International Students 10,130
Other Races/Ethnicities 16,833
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There are 1,619 colleges that offer a bachelor’s degree in business administration. Learn more about the most popular 20 below:

Business Administration Concentrations

Major Annual Degrees Awarded
Business Administration & Management 144,211
Transportation/Mobility Management 8,128
Interior Design Management 8,128
Supply Chain Management 6,528
Organizational Leadership 4,333

Below are some popular majors that are similar to business administration that offer bachelor’s degrees.

Major Annual Degrees Awarded
Accounting 52,477
Finance & Financial Management 48,043
Marketing 45,007
Business & Commerce 24,866
Human Resource Management 11,331

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.

More about our data sources and methodologies.

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