Master’s Degrees in Business Administration & Management
Featured schools near , edit
Education Levels of Business Administration Majors
In 2020-2021, 122,843 earned their master's degree in business administration. This makes it the 1st most popular master's degree program in the country.
The following table shows the number of diplomas awarded in business administration at each degree level.
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 122,843 |
| Graduate Certificate | 5,948 |
| Doctor’s Degree | 2,764 |
Earnings of Business Administration Majors With Master’s Degrees
The median salary for graduates holding a master's degree in business administration is $63,566. 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 $54,989 and the high is $76,940.
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 business administration. About 51.1% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 62,803 |
| Women | 60,040 |
The racial-ethnic distribution of business administration master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 7,878 |
| Black or African American | 16,959 |
| Hispanic or Latino | 12,872 |
| White | 60,058 |
| International Students | 10,736 |
| Other Races/Ethnicities | 14,340 |
Most Popular Business Administration Programs for Master’s Degrees
There are 1,184 colleges that offer a master’s degree in business administration. Learn more about the most popular 20 below:
The most popular school in the United States for business administration students seekinga master's degree is Western Governors University. Each year, around 147,800 students seeking various degrees attend the university. 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. The business administration program at Western Governors University awarded 4,830 master's degrees during the 2020-2021 school year. Around 27% of these students were from an underrepresented racial-ethnic group, and 56% were women.
Southern New Hampshire University comes in at #2 on our list of the most popular colleges offering master's degrees in business administration. Roughly 134,300 attend the school each year. 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, 2,271 master's degrees were handed out to business administration majors at SNHU. Of these students, 55% were women and 29% 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 Louisiana State University - Shreveport. Each year, around 9,900 students seeking various degrees attend the university. 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. The business administration program at Louisiana State University - Shreveport awarded 2,249 master's degrees during the 2020-2021 school year. About 47% of this group were women, and 30% were students from an underrepresented racial-ethnic group.
University of Phoenix - Arizona is the 4th most popular school in the nation for students seeking a master's degree in business administration. Roughly 89,700 attend the school each year. 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. For the 2020-2021 academic year, 2,219 master's degrees were handed out to business administration majors at UOPX - Arizona. Around 50% of these students were from an underrepresented racial-ethnic group, and 62% were women.
University of Maryland Global Campus is the 5th most popular school in the nation for students seeking a master's degree in business administration. Each year, around 58,500 students seeking various degrees attend the university. 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. The business administration program at University of Maryland Global Campus awarded 2,081 master's degrees during the 2020-2021 school year. Of these students, 59% were women and 55% were members of underrepresented racial-ethnic groups.
Grand Canyon University comes in at #6 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 103,400 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 1,793 people received their master's degree in business administration from Grand Canyon University. About 55% of this group were women, and 46% were students from an underrepresented racial-ethnic group.
The 7th most popular school in the country for business administration majors who are seeking their master's degree is Liberty University. Each year, around 93,300 students seeking various degrees attend the university. 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, 1,586 master's degrees were handed out to business administration majors at Liberty University. About 42% of this group were women, and 29% were students from an underrepresented racial-ethnic group.
The University of Arizona Global Campus is the 8th most popular school in the nation for students seeking a master's degree in business administration. Each year, around 31,100 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 1,353 master's degrees were handed out to business administration majors at UAGC. About 57% of this group were women, and 51% were students from an underrepresented racial-ethnic group.
The 9th most popular school in the country for business administration majors who are seeking their master's degree is Columbia Southern University. Roughly 18,500 attend the school each year. 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, 1,241 master's degrees were handed out to business administration majors at Columbia Southern University. About 55% of this group were women, and 35% were students from an underrepresented racial-ethnic group.
The 10th most popular school in the country for business administration majors who are seeking their master's degree is Webster University. Roughly 8,100 attend the school each year. 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. During the 2020-2021 academic year, 1,192 people received their master's degree in business administration from Webster. About 51% of this group were women, and 52% were students from an underrepresented racial-ethnic group.
The 11th most popular school in the country for business administration majors who are seeking their master's degree is University of Illinois at Urbana-Champaign. Each year, around 52,600 students seeking various degrees attend the university. 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. The business administration program at University of Illinois at Urbana-Champaign awarded 1,079 master's degrees during the 2020-2021 school year. Of these students, 33% were women and 30% were members of underrepresented racial-ethnic groups.
Strayer University - Global Region is the 12th most popular school in the nation for students seeking a master's degree in business administration. Each year, around 10,400 students seeking various degrees attend the university. 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. The business administration program at Strayer University - Global Region awarded 1,065 master's degrees during the 2020-2021 school year. Around 57% of these students were from an underrepresented racial-ethnic group, and 53% were women.
Colorado Technical University - Colorado Springs comes in at #13 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 28,200 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 950 master's degrees were handed out to business administration majors at Colorado Technical University - Colorado Springs. Around 37% of these students were from an underrepresented racial-ethnic group, and 67% were women.
DeVry University - Illinois is the 14th most popular school in the nation for students seeking a master's degree in business administration. Roughly 20,800 attend the school each year. 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. For the 2020-2021 academic year, 921 master's degrees were handed out to business administration majors at DeVry University - Illinois. Around 45% of these students were from an underrepresented racial-ethnic group, and 61% were women.
The 15th most popular school in the country for business administration majors who are seeking their master's degree is Harvard University. Roughly 30,300 attend the school each year. 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. The business administration program at Harvard University awarded 897 master's degrees during the 2020-2021 school year. Around 38% of these students were from an underrepresented racial-ethnic group, and 45% were women.
The 16th most popular school in the country for business administration majors who are seeking their master's degree is American Public University System. Roughly 50,000 attend the school each year. 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. The business administration program at American Public University System awarded 888 master's degrees during the 2020-2021 school year. About 37% of this group were women, and 40% were students from an underrepresented racial-ethnic group.
University of Michigan - Ann Arbor comes in at #17 on our list of the most popular colleges offering master's degrees in business administration. Each year, around 47,900 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 841 master's degrees were handed out to business administration majors at U-M. Around 23% of these students were from an underrepresented racial-ethnic group, and 40% were women.
Duke University is the 18th most popular school in the nation for students seeking a master's degree in business administration. Roughly 16,100 attend the school each year. 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. During the 2020-2021 academic year, 764 people received their master's degree in business administration from Duke. Around 27% of these students were from an underrepresented racial-ethnic group, and 40% were women.
University of Florida is the 19th most popular school in the nation for students seeking a master's degree in business administration. Each year, around 53,300 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 759 people received their master's degree in business administration from UF. Of these students, 46% were women and 35% were members of underrepresented racial-ethnic groups.
The 20th most popular school in the country for business administration majors who are seeking their master's degree is Capella University. Each year, around 38,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,148 per year, while in-state graduate students, on average, pay $14,784 per year. During the 2020-2021 academic year, 746 people received their master's degree in business administration from Capella University. About 64% of this group were women, and 39% were students from an underrepresented racial-ethnic group.
Explore Major by State
Alabama
Arkansas
Connecticut
Florida
Idaho
Iowa
Louisiana
Massachusetts
Mississippi
Nebraska
New Jersey
North Carolina
Oklahoma
Rhode Island
Tennessee
Vermont
West Virginia
Related Majors
Below are some popular majors that are similar to business administration that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Management Sciences & Methods | 29,299 |
| Accounting | 18,187 |
| Human Resource Management | 9,750 |
| Business & Commerce | 8,488 |
| 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.
More about our data sources and methodologies.
Featured Schools
Request Info
|
Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More > |
GradDegree.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© GradDegree.com – All Rights Reserved.