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2021 Business, Management & Marketing Degree Guide

The business world fuels our economy. The flow of markets and different industries has created technological innovations that allow us to live certain lifestyles. Where would you be without energy that heats your home, a smartphone that allows you to be connect, and a car to get you to your favorite restaurant? Business, whether giant corporations or local stores, allow you the lifestyle you enjoy. Picking a major in the field of Business, Management and Marketing will allow you to study all aspects of the business world in order to engage in it yourself.

A major in the business field will teach students about the process of to buying, selling, producing and marketing goods. In addition you will learn how to manage others and promote products and services. Students will learn the techniques and principles of business for the workplace.

There are many different majors within this field. Students who are more interested in math and finance might consider a major in Accounting, while those who love interacting with people should consider a major in General Sales & Marketing or Hospitality Management. There are many more options to those interested in the Business field. Most of these majors are offered as a Bachelor degree, however some might be available as an Associate degree in some colleges.

An Increase in Business, Management & Marketing Degrees

#1 Most Popular Major
844k Degrees Awarded
1.7% Increase in Graduates

In 2018-2019, business, management and marketing was the 1st most popular major nationwide with 843,779 degrees awarded. This is a difference of 14,594 over the prior year, a growth of 1.7%.

The United States has 2,851 different schools where you can get a degree in business, management and marketing. This year's Best Colleges for Business, Management & Marketing ranking compares 1152 of them to identify the best overall programs in the country. Continue reading to check out one of our many unbiased rankings of business, management and marketing programs later in this article.

Requirements for Getting a Degree in Business, Management & Marketing

In order to be successful in Business there are different skills that are needed. Efficient communicators are required in order to build relationships with clients and co-workers. Whether written or oral, communication is key skill for any business major.

People who are problem solvers and creative thinkers also do well in this field. You should also work on your time management and organizational skills in order to finish all projects on time and graduate with a good GPA.

In some programs, internships are required in order to gain experience. In addition, students will benefit from work experience in retail, customer service or any other job that requires interaction with people. There is opportunity to gain a Master in some programs, if you decide to further your education.

Getting Accepted Into a Business, Management & Marketing Program

A high school diploma or equivalent is typically required for most business, management and marketing degree programs and many students will need a minimum GPA and SAT/ACT score depending on the school. Specific business, management and marketing careers may require a certain level of degree attainment or additional certifications beyond that.

Business, Management & Marketing Degree Types

There are various different levels of business, management and marketing degrees. You can spend many years getting as high as a professional practice doctorate's in business, management and marketing to something that takes less time like a associate's. The time it takes to complete a business, management and marketing degree varies depending on the program.

Degree Credit Requirements Typical Program Length
Associate Degree 60-70 credits 2 years
Bachelor’s Degree 120 credits 4 years
Master’s Degree 50-70 credits 1-3 years
Doctorate Program required coursework including thesis or dissertation At least 4 years

A bachelor's degree is the most common level of education achieved by those in careers related to business, management and marketing, with approximately 39.2% of workers getting one. Find out other typical degree levels for business, management and marketing workers below.

Level of Education Percentage of Workers
Bachelor’s Degree 37.3%
High School Diploma 20.3%
Some College Courses 9.7%
Associate’s Degree (or other 2-year degree) 9.7%
Master’s Degree 8.9%

About 56.4% of workers in careers related to business, management and marketing obtain at least bachelor's degree. The chart below shows what degree level those who work in business, management and marketing have obtained.

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The education level required is different depending on the business, management and marketing career you are seeking.

Career Opportunities for A Degree In Business, Management & Marketing Graduate

High Number of Jobs
$44.9k Average Starting Salary
4% Growth Job Outlook 2016-26

There are many different opportunities for graduates with business degrees. The industries you can enter into are almost limitless. Some examples are fashion, food, military industry, education, hotels, manufacturers, and more.

Some of the career fields graduates enter into are Human Resource Manager, Sales Worker Supervisor, Buyers and Purchasing Agents, Advertising, Marketing, and Public Relations Manager, Credited Public Accountant, and Economist. The need for many of these positions is increasing. Students have good opportunities to find work after graduating. Internships and work experience will make you more even more hirable.

Growth Projected for Business, Management & Marketing Careers

Want a job when you graduate with your business, management and marketing degree? Business, Management & Marketing careers are expected to grow 4.4% between 2016 and 2026.

The following options are some of the most in-demand careers related to business, management and marketing.

Occupation Name Projected Jobs Expected Growth
Office Clerks 3,086,000 -1.0%
Customer Service Representatives 2,920,800 4.9%
General and Operations Managers 2,468,300 9.1%
Secretaries and Administrative Assistants 2,371,300 -6.5%
Bookkeeping, Accounting, and Auditing Clerks 1,705,300 -1.5%

How Much Money Do Business, Management & Marketing Grads Make?

Recently graduated business, management and marketing students earned an average of $44,884 in 2017-2018. Earnings can range from as low as $6,600 to as high as $189,400. As you might expect, salaries for business, management and marketing graduates vary depending on the level of education that was acquired.

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High Paying Careers for Business, Management & Marketing Majors

Salaries for business, management and marketing graduates can vary widely by the occupation you choose as well. The following table shows the top 5 highest paying careers business, management and marketing grads often go into.

Occupation Name Median Average Salary
Chief Executives $200,140
Computer and Information Systems Managers $152,860
Marketing Managers $147,240
Financial Managers $146,830
Sales Managers $140,320

Getting Your Business, Management & Marketing Degree

With over 32,118 different business, management and marketing degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased business, management and marketing school rankings to help you with this.

Business, Management & Marketing Majors to Study

Major Annual Graduates
Business Administration & Management 410,147
Accounting 105,123
General Business/Commerce 58,451
Finance & Financial Management 56,186
Marketing 51,241

View All Business, Management & Marketing Related Majors >

References

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