Business Administration opens doors to diverse career paths, with graduates entering 6+ different occupations. With 130,740 professionals in the field earning competitive wages, this degree offers strong career prospects.

Key Statistics

402,942
Total Degrees Awarded (2023)
Not reported in dataset
$5,260
Median In-State Public Tuition
Not reported in dataset
$30,680
Median Out-of-State Private Tuition
Not reported in dataset
$63,153
Average Wage
Not reported in dataset
130,740
People in Workforce
Not reported in dataset
N/A
Average Employee Age
Not reported in dataset

Institutions

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

Tuition Costs for Common Institutions

$5,260 Median In-State Public

$30,680 Median Out of State Private

Tuition costs for Business Administration majors are, on average, $5,260 for in-state public colleges, and $30,680 for out of state private colleges.

Tuition costs comparison for Business Administration programs.

Degrees Awarded Over Time

402,942 Total Degrees Awarded in 2023

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

Historical trend of degrees awarded in Business Administration.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Business Administration programs.

Top 5 Most Affordable Tuition

Schools with the lowest tuition costs for Business Administration programs.

Top 5 Most Affordable Net Price

Schools with the lowest net price (after financial aid) for Business Administration programs.

Graduation Rates

57.77% Median Graduation Rate (150% of normal time)

59.28% Average Graduation Rate

155 Institutions Reporting

47.83% - 70.66% Interquartile Range

Graduation/completion rates for Business Administration programs across institutions.

Employment

Information on the businesses and industries that employ Business Administration graduates and on wages and locations for those in the field.

Yearly Income for Common Jobs

$63,153 Average Wage in Workforce

The average salary for Business Administration majors is $63,153.

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

Occupations by Share

130,740 2023 Workforce

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

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

Return on Investment & Value

Financial analysis of Business Administration degree including debt, earnings, and return on investment metrics.

Financial Value Analysis

ROI data is not available for this degree program.

Financial value comparison for Business Administration degree.

Diversity

Demographic information for those who earn a degree in Business Administration 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 Administration.

Age distribution for Business Administration degree holders in the workforce.

Gender Distribution

840,037 Total Degrees Awarded

415,791 Male (49.50%)

424,246 Female (50.50%)

Gender distribution of Business Administration degree recipients.

Race and Ethnicity Distribution

405,007 White (48.21%)

142,384 Hispanic or Latino (16.95%)

91,410 Black or African American (10.88%)

59,637 Asian (7.10%)

27,773 Two or More Races (3.31%)

Racial and ethnic distribution of Business Administration degree recipients.

Degrees Awarded

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

Distribution of degree types awarded in Business Administration.

Skills

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

Required Skills

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

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

About

Business Administration

In 2023, 402,942 degrees were awarded across all undergraduate and graduate programs in Business Administration.

CIP Code

52.5202 - Business Administration

Insights and Analysis

Business Administration offers students a pathway to career success with diverse opportunities across multiple industries. Prospective students should carefully evaluate factors including costs, outcomes, program quality, and personal interests when making their educational decisions.

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.