TL;DR

Business Statistics maps to BLS occupations averaging about $63,776, with roughly 1,903,950 workers nationwide in those roles. About 800 bachelor's completions in IPEDS 2023; median in-state published tuition is about $11,679.

Key Statistics

$11,679
Median In-State Public Tuition
$45,920
Median Out-of-State Private Tuition
$63,776
Avg. Wage (related occupations)
1,903,950
Workers (related occupations)
800
Bachelor's Completions (IPEDS 2023)

Business Statistics: what the data shows

Common questions about business statistics degrees, answered from IPEDS, College Scorecard, BLS OEWS, and O*NET in this repository—not program marketing copy.

What is a business statistics degree?

A Business Statistics program is classified under NCES CIP 52.1302 in the Management Sciences and Quantitative Methods field family (52.13).

A program that focuses on the application of mathematical statistics to the description, analysis, and forecasting of business data. Includes instruction in statistical theory and methods, computer applications, data analysis and display, long- and short-term forecasting methods, and market performance analysis

IPEDS counted 800 completions for this CIP in the survey year in our extract.

Types of business statistics degrees and related programs

Other NCES program codes in the 52.13 family with pages on EDsmart Data:

How long does it take to get a business statistics degree?

Award levels reported to IPEDS for CIP 52.1302 in our file:

  • 90 Associate (1.8% of IPEDS total)—about two years of full-time study
  • 800 Bachelor's (16.3% of IPEDS total)—typically four years
  • 3,993 Master's (81.1% of IPEDS total)—one to two years beyond a bachelor's
  • 39 Doctorate (0.8% of IPEDS total)—varies by program

Time to completion depends on enrollment intensity and transfer credits; figures above describe credential type, not calendar time for every student.

What degree do you need?

For Sales & Office Occupations (top mapped occupation), O*NET incumbent surveys in our career profile report these education credentials most often: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

O*NET education distributions describe incumbent workers, not minimum legal or employer requirements.

What jobs can you get with a business statistics degree?

Our degree→occupation mapping links Business Statistics to the BLS roles below. Employment is U.S. OEWS; median wage is national May 2024 where published in our extract.

OccupationU.S. employmentMedian annual wage
Sales & Office Occupations1,441,580
Eligibility Interviewers, Government Programs156,260$51,500
Psychiatric Aides34,900$41,590
Cement Masons and Concrete Finishers205,230$54,660
Railroad Brake, Signal, and Switch Operators and Locomotive Firers12,460$65,480
Brickmasons and Blockmasons53,520$60,800

See Careers & Jobs for mean wages and industry context.

Is a business statistics degree worth it?

College Scorecard national medians for the Management Sciences and Quantitative Methods bachelor's program family: median debt $29,826, median earnings $86,176 four years after enrollment. Debt-to-earnings proxy: 0.50.

About 3.0% of graduates in this field family were not working and not enrolled one year after completion in Scorecard's national program medians.

Among schools reporting in our Scorecard extract, median published in-state tuition is $11,679 and median net price is $19,555.

We do not score "worth" on opinion—compare debt, earnings, wages for mapped occupations, and completion data above against your cost and career target.

Institutions

Information about the types of higher education institutions that grant degrees in Business Statistics and the types of students that study this field.

Tuition Costs for Common Institutions

$11,679 Median In-State Public

$45,920 Median Out of State Private

Tuition costs for Business Statistics majors are, on average, $11,679 for in-state public colleges, and $45,920 for out of state private colleges.

Tuition costs comparison for Business Statistics programs.

Degrees Awarded Over Time

100,000 Total Degrees Awarded in 2023

This chart shows the number of degrees awarded in Business Statistics from 2015 to 2023.

Historical trend of degrees awarded in Business Statistics.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Business Statistics programs.

Top 5 Most Affordable Tuition

Schools with the lowest tuition costs for Business Statistics programs.

Top 5 Lowest Net Price

# School State Net Price
1 CUNY Bernard M Baruch College NY $3,033
2 CUNY Bernard M Baruch College NY $3,033
3 CUNY Bernard M Baruch College NY $3,033
4 Washtenaw Community College MI $3,249
5 CUNY City College NY $3,776

Schools with the lowest average net price for Business Statistics programs.

Graduation Rates

Graduation rate data is not available for this degree program.

Graduation/completion rates for Business Statistics programs across institutions.

Where students complete this major (IPEDS)

Bachelor's-level completions (IPEDS Completions, award level 5) summed by institution state. State is taken from IPEDS Directory (HD2023) for each reporting institution.

Geographic concentration

The largest number of reported bachelor's completions for Business Statistics is in NH (197 completions). That state represents about 24.6% of U.S. bachelor's completions reported for this CIP in the IPEDS file we use.

Among states, the highest concentration relative to all bachelor's degrees awarded in-state is NH (0.31% of that state's bachelor's completions).

Top states by count of bachelor's completions for this CIP (IPEDS).

State Bachelor's completions (this CIP) % of U.S. total (this CIP) % of state's all bachelor's
NH19724.6%0.31%
TN19424.2%0.26%
NY8510.6%0.03%
OH8010.0%0.06%
CO536.6%0.07%
FL506.2%0.02%
MA394.9%0.03%
CA192.4%0.00%
PA182.2%0.01%
WA162.0%0.02%
CT141.8%0.03%
AZ70.9%0.01%
NE50.6%0.02%
GA40.5%0.00%
MN40.5%0.01%
NJ40.5%0.01%
LA30.4%0.01%
VA30.4%0.00%

Related specializations

Other NCES program codes in the 52.13 CIP family with dedicated pages on EDsmart Data.

Degree Levels (IPEDS)

Completions reported to IPEDS for CIP 52.1302 in the survey year used in our extract (4,922 total across levels below).

  • 90 Associate (1.8% of IPEDS total)
  • 800 Bachelor's (16.3% of IPEDS total)
  • 3,993 Master's (81.1% of IPEDS total)
  • 39 Doctorate (0.8% of IPEDS total)

Source: IPEDS Completions (c2024_a), summed by award level for this CIP.

Careers & Jobs

Occupations linked to this major in our degree→career mapping, with wages and employment from processed BLS career profiles in this repo.

Across these BLS occupations, employment-weighted mean pay is about $63,776. Figures are national OEWS estimates for the occupation—not earnings of Business Statistics graduates alone.

Related occupations (BLS OEWS)

Occupation Mean annual wage U.S. employment
Sales & Office Occupations$62,0971,441,580
Eligibility Interviewers, Government Programs$64,234156,260
Psychiatric Aides$51,69934,900
Cement Masons and Concrete Finishers$74,559205,230
Railroad Brake, Signal, and Switch Operators and Locomotive Firers$62,24712,460
Brickmasons and Blockmasons$74,53853,520

Open each occupation for full career profile charts and industry breakdowns on EDsmart Data.

Program outcomes (College Scorecard)

National medians across bachelor's programs in the Management Sciences and Quantitative Methods CIP family (50 programs reporting debt). Not specific to every Business Statistics graduate.

  • $29,826 median federal loan debt among completers
  • $86,176 median earnings four years after enrollment (national program median)
  • 0.50 debt-to-earnings ratio (Scorecard proxy)
  • 3.0% of graduates not working and not enrolled one year out (program cohort)

Source: College Scorecard program-level outcomes aggregated by 4-digit CIP family.

Employment

Wages and industry mix below use BLS OEWS data for occupations linked to this major in our mapping—not a graduate earnings survey.

Yearly Income for Common Jobs

$63,776 Average Wage in Workforce

The average salary for Business Statistics majors is $63,776.

Average annual salaries of the most common occupations for Business Statistics majors.

Occupations by Share

1,903,950 2023 Workforce

The number of Business Statistics graduates in the workforce has been growing.

Various jobs filled by those with a major in Business Statistics by share of the total number of graduates.

Diversity

Demographic information for those who earn a degree in Business Statistics in the United States.

Workforce Age

N/A Average Age in 2023

This chart shows distribution of ages for employees with a degree in Business Statistics.

Age distribution for Business Statistics degree holders in the workforce.

Gender Distribution

Counts below are bachelor's-level completions only (IPEDS Completions, award level 5).

800 Total Degrees Awarded

494 Male (61.75%)

306 Female (38.25%)

Gender distribution of Business Statistics degree recipients.

Race and Ethnicity Distribution

Counts below are bachelor's-level completions only (IPEDS Completions, award level 5).

494 White (61.75%)

79 Asian (9.88%)

68 Hispanic or Latino (8.50%)

45 Black or African American (5.62%)

20 Two or More Races (2.50%)

Racial and ethnic distribution of Business Statistics degree recipients.

Degrees Awarded

The most common degree types awarded to students graduating in Business Statistics are Bachelors Degree, Masters Degree, and Associates Degree.

Distribution of degree types awarded in Business Statistics.

Skills

Data on the critical and distinctive skills necessary for those working in the Business Statistics field from the Bureau of Labor Statistics.

Required Skills

Business Statistics majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.

Rating of how necessary various skills are for Business Statistics majors.

Skills Bar Chart

This bar chart shows the same information as the radar chart, displaying the importance of each skill.

Skill importance ratings for Business Statistics majors.

About

A program that focuses on the application of mathematical statistics to the description, analysis, and forecasting of business data. Includes instruction in statistical theory and methods, computer applications, data analysis and display, long- and short-term forecasting methods, and market performance analysis

In 2023, 100,000 degrees were awarded across all undergraduate and graduate programs in Business Statistics.

CIP Code

52.1302 - Business Statistics

What the data shows

At the program-family level, College Scorecard reports median debt of $29,826 for bachelor's completers and median earnings near $86,176, a debt-to-earnings ratio of 0.50. Those figures describe national program cohorts in this CIP family—not every individual Business Statistics graduate.

Mapped BLS occupations show employment-weighted mean pay of about $63,776. The largest mapped role by headcount is Sales & Office Occupations (1,441,580 U.S. jobs in OEWS).

Published tuition medians in College Scorecard land at $11,679 in-state at public colleges and $45,920 at private institutions for programs in this field.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.

All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.