Business
Contains Stem Majors
Add ComparisonThe locations with the highest concentration of Business degree recipients are New York, NY, Tempe, AZ, and Millcreek, UT. The locations with a relatively high number of Business degree recipients are . The most common degree awarded to students studying Business is a bachelors degree.
Information about the types of higher education institutions that grant degrees in Business and the types of students that study this field. University of Phoenix-Arizona (484613) awards the most degrees in Business in the US, but California Institute of Advanced Management (487649) and University of Wisconsin-Parkside Flex have the highest percentage of degrees awarded in Business.
Tuition costs for Business majors are, on average, $7,067 for in-state public colleges, and $32,364 for out of state private colleges.
The most common sector, by number of institutions, that offers Business programs are Private not-for-profit, 4-year or above institutions (1,052 total). The most common sector, by number of degrees awarded, is Public, 4-year or above (405,239 completions).
The most common sector, by number of degrees awarded in Business, is Public, 4-year or above (405,239 completions).
The following chart shows the share of universities that offer Business programs, by the total number of completions, colored and grouped by their sector.
University of Phoenix-Arizona (484613) has the most Business degree recipients, with 14,920 degrees awarded in 2020.
The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Business.
Out of all institutions that offer Business programs and have at least 5 graduates in those programs, California Institute of Advanced Management (487649) has the highest percentage of degrees awarded in Business, with 100%.
This map shows the counties in the United States colored by the highest number of degrees awarded in Business by year.
This map shows the counties in the United States colored by the highest growth in degrees awarded for Business.
Information on the businesses and industries that employ Business graduates and on wages and locations for those in the field.
The average salary for Business majors is $93,362 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.
The industry that employs the most Business majors is Elementary & secondary schools, though the highest paying industry, by average wage, is Securities, commodities, funds, trusts & other financial investments.
The average salary for Business majors is $93,362 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.
This chart shows the average annual salaries of the most common occupations for Business majors.
This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Business majors.
Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.
The most common occupations Business majors, by number of employees, are Accountants & auditors, Other managers, and Financial managers.
Compared to other majors, there are an unusually high number of Business majors working as Accountants & auditors, Financial analysts, and Financial examiners.
The highest paid occupations by median income for Business majors are Surgeons, Physicians, and Chief executives & legislators.
The number of Business graduates in the workforce has been growing at a rate of 2.34%, from 10.9M in 2019 to 11.2M in 2020.
The largest single share of Business graduates go on to work as Accountants & auditors (9.87%). This chart shows the various jobs filled by those with a major in Business by share of the total number of graduates.
The most common industries that employ Business majors, by number of employees, are Elementary & secondary schools, Accounting, tax preparation, bookkeeping & payroll services, and Banking & related activities.
The highest paying industries of Business majors, by average wage, are Securities, commodities, funds, trusts & other financial investments, Oil & gas extraction, and Internet publishing, broadcasting & web search portals.
The number of Business graduates in the workforce has been growing at a rate of 2.34%, from 10.9M in 2019 to 11.2M in 2020.
The industry which employs the most Business graduates by share is Elementary & secondary schools, followed by Accounting, tax preparation, bookkeeping & payroll services. This visualization shows the industries that hire those who major in Business.
This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Business majors.
Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.
This chart shows distribution of ages for employees with a degree in Business. The most common ages of employees with this major are 35 and 36 years old, which represent 2.61% and 2.61% of the population, respectively.
The most common degree types awarded to students graduating in Business are Bachelors Degree, Masters Degree, and Associates Degree.
The most common degree types held by the working population in Business are Bachelors Degree, Masters Degree, and Professional degree.
This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Business.
This chart shows the number of degrees awarded in Business for each race & ethnicity. White students earned the largest share of the degrees with this major.
This chart illustrates the differences by sex for each race & ethnicity of Bachelors Degree recipients in Business. White Male students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.
There are a relatively high number of people that were born in Mongolia that hold Business degrees (3.04 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is India (163,161 degree recipients).
Data on the critical and distinctive skills necessary for those working in the Business field from the Bureau of Labor Statistics. Business majors need many skills, but most especially Reading Comprehension. The revealed comparative advantage (RCA) shows that Business majors need more than the average amount of Management of Financial Resources, Negotiation, and Persuasion.
These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Business majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Management of Financial Resources is very distinctive for majors, but the Reading Comprehension, Active Listening, and Speaking are the three most important skills for people in the field.