Business Administration & Management Schools in Michigan
7,490 students earned Business Administration degrees in Michigan in the 2020-2021 year.
As a degree choice, Business Administration & Management is the 1st most popular major in the state.
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Education Levels of Business Administration & Management Majors in Michigan
Business Administration majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 2,972 |
| Bachelor’s Degree | 2,818 |
| Associate Degree | 1,401 |
| Award Taking Less Than 1 Year | 155 |
| Award Taking 12 Weeks to 1 Year | 155 |
| Award Taking Less 12 Weeks | 155 |
| Postbaccalaureate Certificate | 85 |
| Post-Master’s Certificate | 85 |
| Award Taking 2 to 4 Years | 41 |
| Award Taking 1 to 2 Years | 41 |
| Doctor’s Degree (Professional Practice) | 18 |
| Doctor’s Degree (Other) | 18 |
| Doctor’s Degree (Research / Scholarship) | 18 |
Gender Distribution
In Michigan, a business administration major is more popular with men than with women.
Racial Distribution
The racial distribution of business administration majors in Michigan is as follows:
- Asian: 5.3%
- Black or African American: 10.0%
- Hispanic or Latino: 4.8%
- White: 64.9%
- Non-Resident Alien: 7.1%
- Other Races: 7.9%
Jobs for Business Administration & Management Grads in Michigan
There are 132,640 people in the state and 5,325,510 people in the nation working in business administration jobs.
Wages for Business Administration & Management Jobs in Michigan
Business Administration grads earn an average of $101,810 in the state and $103,330 nationwide.
Most Popular Business Administration & Management Programs in MI
There are 10 colleges in Michigan that offer business administration degrees. Learn about the most popular 10 below:
Graduates earn an average $62,027 after graduation. The 1.30% student loan default rate is lower than average. A typical student attending U-M will pay a net price of $14,878.
The student to faculty ratio is 9 to 1. 99% of students are awarded financial aid at this school. Students who attend this private institution pay an average net price of $21,257.
Students enjoy a student to faculty ratio of 15 to 1. In their early career, Wayne State grads earn an average salary of $40,269. 98% of students get financical aid.
The 4.80% student loan default rate is lower than average. The average student takes 4.65 years to complete their degree at Central Michigan. 76% of the teachers are full time.
The average student takes 4.27 years to complete their degree at Davenport University. The student loan default rate is 6.00% which is lower than average. This private school has an average net price of $18,264.
The 8.60% student loan default rate is lower than average. Students enjoy a student to faculty ratio of 8 to 1. 97% of students are awarded financial aid at this school.
Most students complete their degree in 4.51 years. A typical student attending Ferris will pay a net price of $12,213. 96% of students get financical aid.
The student to faculty ratio is 11 to 1. The student loan default rate of 2.00% is a good sign that graduates can afford their loan payments. The full-time teacher rate is 13%.
Students enjoy a student to faculty ratio of 23 to 1. 54% of students get financical aid. A typical student attending Oakland Community College will pay a net price of $3,665.
It takes the average student 4.00 years to graduate. This school boasts a lower than average student loan default rate of 1.60%. 100% of students are awarded financial aid at this school.
Business Administration & Management Careers in MI
Some of the careers business administration majors go into include:
| Job Title | MI Job Growth | MI Median Salary |
|---|---|---|
| Social and Community Service Managers | 16% | $72,190 |
| Construction Managers | 10% | $93,010 |
| Administrative Services Managers | 10% | $93,240 |
| General and Operations Managers | 9% | $101,270 |
| Cost Estimators | 8% | $59,250 |
| Managers | 7% | $95,390 |
| Sales Managers | 7% | $131,210 |
| Transportation, Storage, and Distribution Managers | 7% | $103,540 |
| Industrial Production Managers | 4% | $112,300 |
| Chief Executives | -5% | $203,290 |
Related Majors in Michigan
Below are some popular majors in the state that are similar to business administration.
| Major | Annual Graduates in MI |
|---|---|
| Supply Chain Management | 922 |
| Organizational Leadership | 471 |
| Interior Design Management | 281 |
| Operations Management | 120 |
| Project Management | 86 |
| Purchasing & Acquisitions Management | 42 |
| Office Administration | 39 |
| E-Commerce | 38 |
View all majors related to Business Administration & Management
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References
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