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Master's Degree in Hospitality Management

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Master’s Degrees in Hospitality Management

915 Yearly Graduations
$50,100 Median Salary
$43,834 Median Debt
There are 63 schools in the United States where you can get your master's degree in hospitality. Among those who recently graduated from the schools offering this degree, the majority were women, and 33% were students from underrepresented racial-ethnic groups. Also, 31.3% of hospitality graduates were international students.

Education Levels of Hospitality Majors

In 2019-2020, 915 earned their master's degree in hospitality. This makes it the 17th most popular master's degree program in the country.

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

Education Level Number of Grads
Bachelor’s Degree 10,672
Associate Degree 2,636
Basic Certificate 2,520
Master’s Degree 915
Undergraduate Certificate 871
Graduate Certificate 162
Doctor’s Degree 54

Earnings of Hospitality Majors With Master’s Degrees

The median salary for graduates holding a master's degree in hospitality is $50,100. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money. A better approximation of salary is to look at the typical range of salaries. In this case the low is $44,525 and the high is $54,100.

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Student Debt

The median student debt for graduates holding a master's degree in hospitality is $43,834. 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, $46,131 is the debt load, and the debt load on the low side is $33,967.

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Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $511.

Student Diversity

More women than men pursue their master's degree in hospitality. About 66.7% of graduates with this degree are female.

Gender Number of Grads
Men 305
Women 610
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The racial-ethnic distribution of hospitality master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 53
Black or African American 106
Hispanic or Latino 122
White 304
International Students 286
Other Races/Ethnicities 44
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There are 63 colleges that offer a master’s degree in hospitality. Learn more about the most popular 20 below:

Hospitality Focus Areas

Major Annual Degrees Awarded
General Hospitality Management 674
Hotel/Motel Administration 80
Tourism/Travel Services Management 77
Other Hospitality Management 65
Restaurant/Food Services Management 15

Below are some popular majors that are similar to hospitality that offer master’s degrees.

Major Annual Degrees Awarded
Business Administration & Management 121,330
Management Sciences & Methods 23,091
Accounting 19,027
Human Resource Management 9,112
Business & Commerce 8,782

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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