Master’s Degrees in General Business/Commerce
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Education Levels of General Business Majors
In 2020-2021, 8,488 master's degrees were awarded to general business majors. This makes it the 5th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in general business at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 24,850 |
| Associate Degree | 17,867 |
| Master’s Degree | 8,488 |
| Basic Certificate | 2,748 |
| Undergraduate Certificate | 1,440 |
| Graduate Certificate | 402 |
| Doctor’s Degree | 247 |
Earnings of General Business Majors With Master’s Degrees
The median salary for graduates holding a master's degree in general business is $70,803. 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 $57,511 and the high is $84,075.
Student Debt
We do not have the data to estimate the median debt for this class of people.
Student Diversity
More men than women pursue master's degrees in general business. About 58.5% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 4,962 |
| Women | 3,526 |
The racial-ethnic distribution of general business master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 512 |
| Black or African American | 725 |
| Hispanic or Latino | 567 |
| White | 4,596 |
| International Students | 1,506 |
| Other Races/Ethnicities | 582 |
Most Popular General Business Programs for Master’s Degrees
There are 128 colleges that offer a master’s degree in general business. Learn more about the most popular 20 below:
Indiana University - Bloomington tops the list of the most popular school in the U.S. for general business majors who are seeking their master's degree. Each year, around 43,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,913 per year, while in-state graduate students, on average, pay $9,909 per year. The general business program at Indiana University - Bloomington awarded 873 master's degrees during the 2020-2021 school year. Of these students, 28% were women and 20% were members of underrepresented racial-ethnic groups.
Campbellsville University is the 2nd most popular school in the nation for students seeking a master's degree in general business. Each year, around 12,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $24,900 per year, while in-state graduate students, on average, pay $8,473 per year. For the 2020-2021 academic year, 761 master's degrees were handed out to general business majors at Campbellsville University. Of these students, 26% were women and 0% were members of underrepresented racial-ethnic groups.
The 3rd most popular school in the country for general business majors who are seeking their master's degree is Johns Hopkins University. Each year, around 28,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,720 per year, while in-state graduate students, on average, pay $58,720 per year. The general business program at Johns Hopkins University awarded 312 master's degrees during the 2020-2021 school year. Of these students, 54% were women and 36% were members of underrepresented racial-ethnic groups.
University of Central Florida comes in at #4 on our list of the most popular colleges offering master's degrees in general business. Roughly 71,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,478 per year, while in-state graduate students, on average, pay $6,916 per year. For the 2020-2021 academic year, 245 master's degrees were handed out to general business majors at UCF. About 44% of this group were women, and 46% were students from an underrepresented racial-ethnic group.
Texas Tech University is the 5th most popular school in the nation for students seeking a master's degree in general business. Each year, around 40,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,935 per year, while in-state graduate students, on average, pay $6,956 per year. The general business program at Texas Tech University awarded 243 master's degrees during the 2020-2021 school year. Around 42% of these students were from an underrepresented racial-ethnic group, and 43% were women.
Maryville University of Saint Louis is the 6th most popular school in the nation for students seeking a master's degree in general business. Roughly 10,900 attend the school each year. The average in-state tuition for full-time undergraduates is $24,766 per year, while in-state graduate students, on average, pay $14,346 per year. The general business program at Maryville University of Saint Louis awarded 212 master's degrees during the 2020-2021 school year. Around 21% of these students were from an underrepresented racial-ethnic group, and 57% were women.
Northern Kentucky University is the 7th most popular school in the nation for students seeking a master's degree in general business. Each year, around 16,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,008 per year, while in-state graduate students, on average, pay $9,900 per year. For the 2020-2021 academic year, 210 master's degrees were handed out to general business majors at NKU. About 58% of this group were women, and 15% were students from an underrepresented racial-ethnic group.
Post University is the 8th most popular school in the nation for students seeking a master's degree in general business. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $15,258 per year, while in-state graduate students, on average, pay $7,500 per year. For the 2020-2021 academic year, 202 master's degrees were handed out to general business majors at Post University. Of these students, 41% were women and 54% were members of underrepresented racial-ethnic groups.
The 9th most popular school in the country for general business majors who are seeking their master's degree is University of Wisconsin - Whitewater. Roughly 11,900 attend the school each year. The average in-state tuition for full-time undergraduates is $6,519 per year, while in-state graduate students, on average, pay $8,270 per year. The general business program at University of Wisconsin - Whitewater awarded 199 master's degrees during the 2020-2021 school year. Around 14% of these students were from an underrepresented racial-ethnic group, and 42% were women.
University of Denver is the 10th most popular school in the nation for students seeking a master's degree in general business. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $53,640 per year, while in-state graduate students, on average, pay $53,640 per year. The general business program at University of Denver awarded 195 master's degrees during the 2020-2021 school year. Of these students, 39% were women and 26% were members of underrepresented racial-ethnic groups.
Drexel University comes in at #11 on our list of the most popular colleges offering master's degrees in general business. Roughly 23,500 attend the school each year. The average in-state tuition for full-time undergraduates is $54,766 per year, while in-state graduate students, on average, pay $36,234 per year. For the 2020-2021 academic year, 175 master's degrees were handed out to general business majors at Drexel. Of these students, 45% were women and 28% were members of underrepresented racial-ethnic groups.
University of Louisville is the 12th most popular school in the nation for students seeking a master's degree in general business. Roughly 22,200 attend the school each year. The average in-state tuition for full-time undergraduates is $12,174 per year, while in-state graduate students, on average, pay $13,524 per year. For the 2020-2021 academic year, 167 master's degrees were handed out to general business majors at UofL. Around 27% of these students were from an underrepresented racial-ethnic group, and 34% were women.
The 13th most popular school in the country for general business majors who are seeking their master's degree is Indiana University - Purdue University - Indianapolis. Each year, around 29,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,883 per year, while in-state graduate students, on average, pay $9,228 per year. During the 2020-2021 academic year, 166 people received their master's degree in general business from IUPUI. Around 24% of these students were from an underrepresented racial-ethnic group, and 31% were women.
Georgia State University comes in at #14 on our list of the most popular colleges offering master's degrees in general business. Each year, around 36,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $7,158 per year, while in-state graduate students, on average, pay $7,164 per year. During the 2020-2021 academic year, 165 people received their master's degree in general business from Georgia State. About 37% of this group were women, and 46% were students from an underrepresented racial-ethnic group.
University of Missouri - St Louis comes in at #15 on our list of the most popular colleges offering master's degrees in general business. Roughly 13,800 attend the school each year. The average in-state tuition for full-time undergraduates is $12,015 per year, while in-state graduate students, on average, pay $12,528 per year. During the 2020-2021 academic year, 151 people received their master's degree in general business from UMSL. Around 16% of these students were from an underrepresented racial-ethnic group, and 44% were women.
Columbia College is the 16th most popular school in the nation for students seeking a master's degree in general business. Roughly 8,300 attend the school each year. The average in-state tuition for full-time undergraduates is $11,636 per year, while in-state graduate students, on average, pay $8,442 per year. For the 2020-2021 academic year, 144 master's degrees were handed out to general business majors at Columbia College Missouri. Around 26% of these students were from an underrepresented racial-ethnic group, and 65% were women.
Northeastern University Professional Advancement Network is the 17th most popular school in the nation for students seeking a master's degree in general business. Roughly 11,300 attend the school each year. The average in-state tuition for full-time undergraduates is $12,984 per year, while in-state graduate students, on average, pay $22,866 per year. The general business program at Northeastern University Professional Advancement Network awarded 142 master's degrees during the 2020-2021 school year. About 40% of this group were women, and 14% were students from an underrepresented racial-ethnic group.
Northeastern University is the 18th most popular school in the nation for students seeking a master's degree in general business. Roughly 22,900 attend the school each year. The average in-state tuition for full-time undergraduates is $56,500 per year, while in-state graduate students, on average, pay $25,801 per year. For the 2020-2021 academic year, 141 master's degrees were handed out to general business majors at Northeastern. Around 16% of these students were from an underrepresented racial-ethnic group, and 40% were women.
West Virginia University is the 19th most popular school in the nation for students seeking a master's degree in general business. Each year, around 26,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,144 per year, while in-state graduate students, on average, pay $10,332 per year. During the 2020-2021 academic year, 135 people received their master's degree in general business from WVU. About 31% of this group were women, and 10% were students from an underrepresented racial-ethnic group.
Florida State University is the 20th most popular school in the nation for students seeking a master's degree in general business. Roughly 43,500 attend the school each year. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year. During the 2020-2021 academic year, 123 people received their master's degree in general business from Florida State. About 33% of this group were women, and 22% were students from an underrepresented racial-ethnic group.
General Business Concentrations
| Major | Annual Degrees Awarded |
|---|---|
| General Business & Commerce | 8,488 |
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Related Majors
Below are some popular majors that are similar to general business that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 122,843 |
| Management Sciences & Methods | 29,299 |
| Accounting | 18,187 |
| Human Resource Management | 9,750 |
| Finance & Financial Management | 4,544 |
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.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By U.S. Consulate General Munich under License
More about our data sources and methodologies.
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