Master’s Degrees in General Business Administration and Management
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Education Levels of Business Administration Majors
In 2020-2021, 105,796 earned their master's degree in business administration. This earns it the #1 spot on the list of the most popular master's degree programs in the nation.
The following table shows the number of diplomas awarded in business administration at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 147,123 |
| Master’s Degree | 105,796 |
| Associate Degree | 59,941 |
| Basic Certificate | 31,191 |
| Undergraduate Certificate | 4,803 |
| Graduate Certificate | 2,612 |
| Doctor’s Degree | 1,935 |
Earnings of Business Administration Majors With Master’s Degrees
We are unable to calculate the median earnings for business administration majors with their master's degree due to lack of data.
Student Debt
The data on debt ranges for business administration majors who have their master's degree is not available.
Student Diversity
More men than women pursue master's degrees in business administration. About 51.8% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 54,761 |
| Women | 51,035 |
The racial-ethnic distribution of business administration master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 7,127 |
| Black or African American | 14,380 |
| Hispanic or Latino | 10,867 |
| White | 51,210 |
| International Students | 9,765 |
| Other Races/Ethnicities | 12,447 |
Most Popular Business Administration Programs for Master’s Degrees
There are 1,040 colleges that offer a master’s degree in business administration. Learn more about the most popular 20 below:
Western Governors University tops the list of the most popular school in the U.S. for business administration majors who are seeking their master's degree. Roughly 147,800 attend the school each year. The average in-state tuition for full-time undergraduates is $7,162 per year, while in-state graduate students, on average, pay $7,500 per year. For the 2020-2021 academic year, 2,958 master's degrees were handed out to business administration majors at WGU. Of these students, 52% were women and 25% were members of underrepresented racial-ethnic groups.
The 2nd most popular school in the country for business administration majors who are seeking their master's degree is Louisiana State University - Shreveport. Roughly 9,900 attend the school each year. The average in-state tuition for full-time undergraduates is $5,656 per year, while in-state graduate students, on average, pay $6,196 per year. For the 2020-2021 academic year, 2,249 master's degrees were handed out to business administration majors at Louisiana State University - Shreveport. Of these students, 47% were women and 30% were members of underrepresented racial-ethnic groups.
The 3rd most popular school in the country for business administration majors who are seeking their master's degree is University of Phoenix - Arizona. Each year, around 89,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,552 per year, while in-state graduate students, on average, pay $16,153 per year. During the 2020-2021 academic year, 2,219 people received their master's degree in business administration from UOPX - Arizona. About 62% of this group were women, and 50% were students from an underrepresented racial-ethnic group.
Southern New Hampshire University comes in at #4 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 134,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,000 per year, while in-state graduate students, on average, pay $18,900 per year. For the 2020-2021 academic year, 2,096 master's degrees were handed out to business administration majors at SNHU. About 56% of this group were women, and 29% were students from an underrepresented racial-ethnic group.
The 5th most popular school in the country for business administration majors who are seeking their master's degree is University of Maryland Global Campus. Roughly 58,500 attend the school each year. The average in-state tuition for full-time undergraduates is $7,344 per year, while in-state graduate students, on average, pay $9,072 per year. During the 2020-2021 academic year, 2,069 people received their master's degree in business administration from UMGC. About 60% of this group were women, and 56% were students from an underrepresented racial-ethnic group.
Grand Canyon University is the 6th most popular school in the nation for students seeking a master's degree in business administration. Roughly 103,400 attend the school each year. The average in-state tuition for full-time undergraduates is $16,401 per year, while in-state graduate students, on average, pay $10,621 per year. The business administration program at Grand Canyon University awarded 1,793 master's degrees during the 2020-2021 school year. Of these students, 55% were women and 46% were members of underrepresented racial-ethnic groups.
Liberty University comes in at #7 on our list of the most popular colleges offering master's degrees in business administration. Roughly 93,300 attend the school each year. The average in-state tuition for full-time undergraduates is $15,409 per year, while in-state graduate students, on average, pay $7,847 per year. For the 2020-2021 academic year, 1,545 master's degrees were handed out to business administration majors at Liberty University. Of these students, 42% were women and 29% were members of underrepresented racial-ethnic groups.
The 8th most popular school in the country for business administration majors who are seeking their master's degree is University of Illinois at Urbana-Champaign. Roughly 52,600 attend the school each year. The average in-state tuition for full-time undergraduates is $14,446 per year, while in-state graduate students, on average, pay $14,635 per year. For the 2020-2021 academic year, 1,079 master's degrees were handed out to business administration majors at UIUC. Around 30% of these students were from an underrepresented racial-ethnic group, and 33% were women.
Columbia Southern University comes in at #9 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 18,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $5,640 per year, while in-state graduate students, on average, pay $3,900 per year. For the 2020-2021 academic year, 1,030 master's degrees were handed out to business administration majors at Columbia Southern University. Of these students, 56% were women and 34% were members of underrepresented racial-ethnic groups.
Strayer University - Global Region is the 9th most popular school in the nation for students seeking a master's degree in business administration. Roughly 10,400 attend the school each year. The average in-state tuition for full-time undergraduates is $13,320 per year, while in-state graduate students, on average, pay $14,940 per year. During the 2020-2021 academic year, 1,030 people received their master's degree in business administration from Strayer University - Global Region. Of these students, 52% were women and 57% were members of underrepresented racial-ethnic groups.
Webster University comes in at #11 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 8,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $28,500 per year, while in-state graduate students, on average, pay $13,500 per year. The business administration program at Webster University awarded 1,008 master's degrees during the 2020-2021 school year. About 52% of this group were women, and 51% were students from an underrepresented racial-ethnic group.
Colorado Technical University - Colorado Springs comes in at #12 on our list of the most popular colleges offering master's degrees in business administration. Roughly 28,200 attend the school each year. The average in-state tuition for full-time undergraduates is $11,939 per year, while in-state graduate students, on average, pay $13,683 per year. During the 2020-2021 academic year, 950 people received their master's degree in business administration from Colorado Technical University - Colorado Springs. About 67% of this group were women, and 37% were students from an underrepresented racial-ethnic group.
The 13th most popular school in the country for business administration majors who are seeking their master's degree is Harvard University. Each year, around 30,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $51,143 per year, while in-state graduate students, on average, pay $50,928 per year. During the 2020-2021 academic year, 893 people received their master's degree in business administration from Harvard. About 45% of this group were women, and 38% were students from an underrepresented racial-ethnic group.
The University of Arizona Global Campus is the 14th most popular school in the nation for students seeking a master's degree in business administration. Roughly 31,100 attend the school each year. The average in-state tuition for full-time undergraduates is $13,280 per year, while in-state graduate students, on average, pay $13,720 per year. During the 2020-2021 academic year, 886 people received their master's degree in business administration from UAGC. About 54% of this group were women, and 48% were students from an underrepresented racial-ethnic group.
The 15th most popular school in the country for business administration majors who are seeking their master's degree is Duke University. Each year, around 16,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,085 per year, while in-state graduate students, on average, pay $57,900 per year. The business administration program at Duke University awarded 764 master's degrees during the 2020-2021 school year. About 40% of this group were women, and 27% were students from an underrepresented racial-ethnic group.
University of Florida comes in at #16 on our list of the most popular colleges offering master's degrees in business administration. Roughly 53,300 attend the school each year. The average in-state tuition for full-time undergraduates is $4,477 per year, while in-state graduate students, on average, pay $10,770 per year. The business administration program at University of Florida awarded 759 master's degrees during the 2020-2021 school year. Around 35% of these students were from an underrepresented racial-ethnic group, and 46% were women.
The 17th most popular school in the country for business administration majors who are seeking their master's degree is American Public University System. Each year, around 50,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,840 per year, while in-state graduate students, on average, pay $6,660 per year. For the 2020-2021 academic year, 746 master's degrees were handed out to business administration majors at American Military University. Around 39% of these students were from an underrepresented racial-ethnic group, and 39% were women.
University of Michigan - Ann Arbor is the 18th most popular school in the nation for students seeking a master's degree in business administration. Roughly 47,900 attend the school each year. The average in-state tuition for full-time undergraduates is $16,865 per year, while in-state graduate students, on average, pay $24,902 per year. During the 2020-2021 academic year, 720 people received their master's degree in business administration from U-M. About 37% of this group were women, and 23% were students from an underrepresented racial-ethnic group.
DeVry University - Illinois is the 19th most popular school in the nation for students seeking a master's degree in business administration. Each year, around 20,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,392 per year, while in-state graduate students, on average, pay $17,072 per year. During the 2020-2021 academic year, 702 people received their master's degree in business administration from DeVry University - Illinois. Of these students, 59% were women and 46% were members of underrepresented racial-ethnic groups.
Sofia University comes in at #20 on our list of the most popular colleges offering master's degrees in business administration. Roughly 1,500 attend the school each year. The average in-state tuition for full-time undergraduates is $15,750 per year, while in-state graduate students, on average, pay $14,415 per year. For the 2020-2021 academic year, 637 master's degrees were handed out to business administration majors at Institute of Transpersonal Psychology. Of these students, 46% were women and 1% were members of underrepresented racial-ethnic groups.
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Related Majors
Below are some popular majors that are similar to business administration that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Organizational Leadership | 7,089 |
| Interior Design Management | 3,867 |
| Non-Profit Organizational Management | 1,779 |
| Project Management | 1,583 |
| Supply Chain Management | 1,183 |
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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