Master’s Degrees in Business, Management & Marketing
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Education Levels of Business, Management & Marketing Majors
During the 2020-2021 academic year, 207,209 students earned their master's degree in business, management and marketing. 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, management and marketing at each degree level.
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 207,209 |
| Graduate Certificate | 15,936 |
| Doctor’s Degree | 3,737 |
Earnings of Business, Management & Marketing Majors With Master’s Degrees
The median salary for graduates holding a master's degree in business, management and marketing is $62,264. 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 $54,477 and the high is $74,295.
Student Debt
We do not have the data to calculate the median and range of debt loads for business, management and marketing students who are master's degree holders.
Student Diversity
More men than women pursue master's degrees in business, management and marketing. About 50.9% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 105,554 |
| Women | 101,655 |
The racial-ethnic distribution of business, management and marketing master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 14,809 |
| Black or African American | 23,840 |
| Hispanic or Latino | 20,602 |
| White | 96,410 |
| International Students | 31,742 |
| Other Races/Ethnicities | 19,806 |
Most Popular Business, Management & Marketing Programs for Master’s Degrees
There are 1,312 colleges that offer a master’s degree in business, management and marketing. Learn more about the most popular 20 below:
Western Governors University tops the list of the most popular school in the U.S. for business, management and marketing majors who are seeking their master's degree. 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. For the 2020-2021 academic year, 5,838 master's degrees were handed out to business, management and marketing majors at WGU. Around 27% of these students were from an underrepresented racial-ethnic group, and 53% were women.
Southern New Hampshire University comes in at #2 on our list of the most popular colleges offering master's degrees in business, management and marketing. 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. The business, management and marketing program at Southern New Hampshire University awarded 3,387 master's degrees during the 2020-2021 school year. Of these students, 59% were women and 31% were members of underrepresented racial-ethnic groups.
The 3rd most popular school in the country for business, management and marketing majors who are seeking their master's degree is University of Phoenix - Arizona. 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. During the 2020-2021 academic year, 2,987 people received their master's degree in business, management and marketing from UOPX - Arizona. Of these students, 62% were women and 49% were members of underrepresented racial-ethnic groups.
The 4th most popular school in the country for business, management and marketing majors who are seeking their master's degree is Northwestern University. Roughly 22,600 attend the school each year. The average in-state tuition for full-time undergraduates is $60,276 per year, while in-state graduate students, on average, pay $56,067 per year. During the 2020-2021 academic year, 2,659 people received their master's degree in business, management and marketing from Northwestern. About 34% of this group were women, and 25% were students from an underrepresented racial-ethnic group.
University of Maryland Global Campus comes in at #5 on our list of the most popular colleges offering master's degrees in business, management and marketing. 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. For the 2020-2021 academic year, 2,308 master's degrees were handed out to business, management and marketing majors at UMGC. Of these students, 58% were women and 55% were members of underrepresented racial-ethnic groups.
Louisiana State University - Shreveport is the 6th most popular school in the nation for students seeking a master's degree in business, management and marketing. 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, management and marketing 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.
New York University is the 7th most popular school in the nation for students seeking a master's degree in business, management and marketing. Each year, around 52,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $53,770 per year, while in-state graduate students, on average, pay $35,982 per year. For the 2020-2021 academic year, 2,237 master's degrees were handed out to business, management and marketing majors at NYU. About 48% of this group were women, and 23% were students from an underrepresented racial-ethnic group.
Grand Canyon University comes in at #8 on our list of the most popular colleges offering master's degrees in business, management and marketing. 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, 1,965 people received their master's degree in business, management and marketing from Grand Canyon University. Around 45% of these students were from an underrepresented racial-ethnic group, and 55% were women.
The 9th most popular school in the country for business, management and marketing 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. The business, management and marketing program at Liberty University awarded 1,893 master's degrees during the 2020-2021 school year. About 45% of this group were women, and 27% were students from an underrepresented racial-ethnic group.
University of Southern California is the 10th most popular school in the nation for students seeking a master's degree in business, management and marketing. Each year, around 46,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $60,446 per year, while in-state graduate students, on average, pay $60,446 per year. The business, management and marketing program at University of Southern California awarded 1,759 master's degrees during the 2020-2021 school year. Of these students, 49% were women and 45% were members of underrepresented racial-ethnic groups.
The University of Arizona Global Campus is the 11th most popular school in the nation for students seeking a master's degree in business, management and marketing. 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, 1,758 master's degrees were handed out to business, management and marketing majors at UAGC. Of these students, 58% were women and 52% were members of underrepresented racial-ethnic groups.
The 12th most popular school in the country for business, management and marketing 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. For the 2020-2021 academic year, 1,744 master's degrees were handed out to business, management and marketing majors at Webster. Of these students, 53% were women and 54% were members of underrepresented racial-ethnic groups.
The 13th most popular school in the country for business, management and marketing majors who are seeking their master's degree is Columbia University in the City of New York. Roughly 30,100 attend the school each year. The average in-state tuition for full-time undergraduates is $59,450 per year, while in-state graduate students, on average, pay $50,496 per year. During the 2020-2021 academic year, 1,723 people received their master's degree in business, management and marketing from Columbia. Around 17% of these students were from an underrepresented racial-ethnic group, and 48% were women.
University of Illinois at Urbana-Champaign is the 14th most popular school in the nation for students seeking a master's degree in business, management and marketing. 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, management and marketing program at University of Illinois at Urbana-Champaign awarded 1,671 master's degrees during the 2020-2021 school year. About 42% of this group were women, and 31% were students from an underrepresented racial-ethnic group.
University of Pennsylvania comes in at #15 on our list of the most popular colleges offering master's degrees in business, management and marketing. Roughly 26,500 attend the school each year. The average in-state tuition for full-time undergraduates is $54,652 per year, while in-state graduate students, on average, pay $38,732 per year. For the 2020-2021 academic year, 1,505 master's degrees were handed out to business, management and marketing majors at UPenn. Around 31% of these students were from an underrepresented racial-ethnic group, and 46% were women.
Florida International University is the 16th most popular school in the nation for students seeking a master's degree in business, management and marketing. Roughly 58,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,721 per year, while in-state graduate students, on average, pay $8,912 per year. The business, management and marketing program at Florida International University awarded 1,481 master's degrees during the 2020-2021 school year. Around 72% of these students were from an underrepresented racial-ethnic group, and 58% were women.
The 17th most popular school in the country for business, management and marketing majors who are seeking their master's degree is DeVry University - Illinois. 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. The business, management and marketing program at DeVry University - Illinois awarded 1,429 master's degrees during the 2020-2021 school year. Around 46% of these students were from an underrepresented racial-ethnic group, and 63% were women.
The University of Texas at Dallas comes in at #18 on our list of the most popular colleges offering master's degrees in business, management and marketing. Roughly 28,600 attend the school each year. The average in-state tuition for full-time undergraduates is $14,564 per year, while in-state graduate students, on average, pay $15,088 per year. During the 2020-2021 academic year, 1,340 people received their master's degree in business, management and marketing from UT Dallas. Around 24% of these students were from an underrepresented racial-ethnic group, and 45% were women.
The 19th most popular school in the country for business, management and marketing 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, management and marketing program at Harvard University awarded 1,318 master's degrees during the 2020-2021 school year. About 44% of this group were women, and 32% were students from an underrepresented racial-ethnic group.
Columbia Southern University is the 20th most popular school in the nation for students seeking a master's degree in business, management and marketing. 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. The business, management and marketing program at Columbia Southern University awarded 1,241 master's degrees during the 2020-2021 school year. About 55% of this group were women, and 35% were students from an underrepresented racial-ethnic group.
Business, Management & Marketing Majors to Study
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 122,843 |
| Management Sciences & Methods | 29,299 |
| Accounting | 18,187 |
| Human Resource Management | 9,750 |
| Business & Commerce | 8,488 |
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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 Amit Savargaonkar under License
More about our data sources and methodologies.
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