by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. In addition, we cover how Texas Tech ranks in comparison to other schools with business administration programs.
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In College Factual's most recent rankings for the best schools for business administration majors, Texas Tech came in at #74. This puts it in the top 5% of the country in this field of study. It is also ranked #7 in Texas.
During the 2020-2021 academic year, Texas Tech University handed out 416 bachelor's degrees in business administration & management. This is an increase of 22% over the previous year when 342 degrees were handed out.
The median salary of business administration students who receive their bachelor's degree at Texas Tech is $49,470. This is higher than $41,334, which is the national median for all business administration bachelor's degree recipients.
Business Administration majors graduating with a master's degree from Texas Tech make a median salary of $81,271 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $63,566.
While getting their bachelor's degree at Texas Tech, business administration students borrow a median amount of $21,174 in student loans. This is not too bad considering that the median debt load of all business administration bachelor's degree recipients across the country is $26,545.
The typical student loan payment of a bachelor's degree student from the business administration program at Texas Tech is $445 per month.
Take a look at the following statistics related to the make-up of the business administration majors at Texas Tech University.
During the 2020-2021 academic year, 416 business administration majors earned their bachelor's degree from Texas Tech. Of these graduates, 63% were men and 37% were women.
The majority of the students with this major are white. About 61% of 2021 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 7 |
| Black or African American | 18 |
| Hispanic or Latino | 112 |
| White | 254 |
| Non-Resident Aliens | 4 |
| Other Races | 21 |
| Related Major | Annual Graduates |
|---|---|
| Marketing | 337 |
| Finance & Financial Management | 329 |
| Accounting | 326 |
| General Business/Commerce | 270 |
| Management Sciences & Quantitative Methods | 82 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.
