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Business Administration Major

Business Administration

122,746 Master's Degrees Annually
2,764 Doctor's Degrees Annually
#1 in Popularity (Master's)

Types of Degrees Business Administration Majors Are Getting

The following table lists how many business administration & management graduations there were for each degree level during the last year for which data was available.

Education Level Number of Grads
Master’s Degree 120,872
Graduate Certificate 7,027
Doctor’s Degree 3,606

What Business Administration Majors Need to Know

People with careers related to business administration were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Business Administration Majors

Business Administration majors often go into careers in which the following knowledge areas are important:

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  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills for Business Administration Majors

A major in business administration prepares you for careers in which the following skill-sets are crucial:

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  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Speaking - Talking to others to convey information effectively.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Business Administration Majors

Some of the most crucial abilities to master while a business administration student include the following:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

What Can You Do With a Business Administration Major?

People with a business administration degree often go into the following careers:

Job Title Job Growth Rate Median Salary
Administrative Services Managers 10.1% $96,180
Agents and Business Managers of Artists, Performers, and Athletes 4.7% $66,040
Business Professors 18.0% $83,960
Compliance Managers 8.0% $107,480
Construction Managers 11.1% $93,370
Logistics Analysts 6.9% $74,600
Logistics Engineers 6.9% $74,600
Loss Prevention Managers 8.0% $107,480
Management Analysts 14.3% $83,610
Regulatory Affairs Managers 8.0% $107,480
Sales Managers 7.5% $124,220
Security Managers 8.0% $107,480
Storage and Distribution Managers 6.8% $94,730
Wind Energy Operations Managers 8.0% $107,480

Who Is Getting a Master’s Degree in Business Administration?

120,872 Master's Degrees Annually
50% Percent Women
35% Percent Racial-Ethnic Minorities*
This is one of the most frequently chosen graduate majors. It is the 1st most popular in the country with 122,746 students graduating with a master’s in business administration in 2021. According to recent stats this major attracts about equal numbers of men and women. Roughly 50% of the graduates are women, and 50% are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of business administration majors is as follows:

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Race/Ethnicity Number of Grads
Asian 8,293
Black or African American 15,790
Hispanic or Latino 13,742
White 59,195
International Students 9,572
Other Races/Ethnicities 14,280

Geographic Diversity

Americans aren’t the only ones with an interest in Business Administration. About 7.9% of those with this major are international students.

Some degrees associated with business administration may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to business administration have obtained the following education levels.

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Education Level Percentage of Workers
Less than a High School Diploma 0.6%
High School Diploma - or the equivalent (for example, GED) 12.0%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 5.8%
Some College Courses 9.2%
Associate’s Degree (or other 2-year degree) 8.9%
Bachelor’s Degree 44.6%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 3.7%
Master’s Degree 10.9%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level. 1.1%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. 0.2%
Doctoral Degree 3.1%
Post-Doctoral Training 0.4%

Online Business Administration Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 0 0
Certificate (1-2 years) 655 213
Certificate (2-4 Years) 16 1
Associate’s Degree 1,735 587
Bachelor’s Degree 784 360
Post-Baccalaureate 0 0
Master’s Degree 1,924 818
Post-Master’s 125 0
Doctor’s Degree (Research) 271 78
Doctor’s Degree (Professional Practice) 22 7
Doctor’s Degree (Other) 5 1

You may also be interested in one of the following majors related to business administration.

Major Number of Grads
Accounting 84,760
Finance & Financial Management 58,013
General Business/Commerce 57,204
Management Sciences & Quantitative Methods 56,747
Marketing 52,820
Human Resource Management 25,350
Business Support & Assistant Services 16,604
Hospitality Management 14,076
Entrepreneurial Studies 12,707
Management Information Systems 11,695
Real Estate 7,783
International Business 7,505
General Sales & Marketing 5,965
Other Business, Management & Marketing 4,903
Business/Managerial Economics 4,885
Specialized Sales, Merchandising & Marketing 4,322
Construction Management 4,158
Insurance 2,334
Taxation 1,257
Business/Corporate Communications 837
Telecommunications Management 58

References

*The racial-ethnic minorities 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 racial-ethnic minorities percentage.

More about our data sources and methodologies.

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