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2023 Business Administration & Management Degree Guide

Are you a leader? Do you enjoy working with people and problem solving? If you answered yes to both of these questions a degree in business administration and management would be great fit for you. A program in Business Administration & Management teaches you how to organize, plan, direct, and control the functions and process of an organization or firm. In addition to learning these functions, you will be taking classes in Purchasing and Logistics, Marketing, Business Decision-making, Accounting, Human Resources, Management, and Organization and Production.

There are many different concentrations within this major. They include Research and Development Management, Project Management, Customer Service Management, Office Management and Supervision, Purchasing Management, Project Management, and Organizational Leadership. This major is commonly offered as a Bachelor's Degree.

Business Administration & Management Degrees Growing in Popularity

#2 Most Popular Major
417k Degrees Awarded
2.8% Increase in Graduates

Business Administration & Management was the 2nd most popular major in the 2020-2021 school year. Colleges in the United States reported awarding 416,590 degrees in this year alone. This is a difference of 11,856 over the prior year, a growth of 2.8%.

Our 2023 Best Business Administration & Management Schools ranking analyzes 1630 of these schools to determine the best overall colleges for business administration and management students. Explore this or one of our many other custom business administration rankings further below.

2023 Best Colleges for Business Administration & Management
2023 Overall Best Business Administration & Management Colleges >

Best Business Administration & Management Schools by Degree

Associate Degrees in Business Administration & Management
Bachelor's Degrees in Business Administration & Management
Master's Degrees in Business Administration & Management
Doctorate Degrees in Business Administration & Management

 

What Are The Requirements For a Degree in Business Administration & Management

Leadership skills are important when working in the field of business. The majority of careers will require you to effectively organize and oversee others. Problem-solving and solid communication will help you succeed. There is an emphasis on group work, therefore being able to manage time and work well with others is necessary.

Students should have some interest in math, as you will be taking a lot of mathematical courses. This program is not only offered as a Bachelor's Degree, but students can continue onto higher education and receive a Master's or Doctorate in this major.

Business Administration Degree Program Entry Requirements

New students will need to have completed high school or a GED program and each school will have their own minimum GPA and SAT/ACT test requirements. In addition to these basic business administration and management program qualifications, to serve in some business administration careers, special certification may be required outside of your degree.

Types of Business Administration & Management Degrees

There are various different levels of business administration degrees. Business Administration & Management programs offered by schools range from a to a , which is the highest business administration degree you can get. How long it takes to complete some common business administration degree levels is shown below.

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 administration, with approximately 47.6% of workers getting one. Find out other typical degree levels for business administration workers below.

Level of Education Percentage of Workers
Bachelor’s Degree 44.6%
High School Diploma 12.0%
Master’s Degree 10.9%
Some College Courses 9.2%
Associate’s Degree (or other 2-year degree) 8.9%

68.1% of business administration workers have at least a bachelor's. The chart below shows what degree level those who work in business administration and management have obtained.

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The education level required is different depending on the business administration career you are seeking.

Business Administration Careers

Above Average Number of Jobs
$48.9k Average Starting Salary
7% Growth Job Outlook 2016-26

A graduate with a degree in this major could enter into many different fields. The majority of these careers are in a management role; therefore you will be leading groups of people to meet a common goal. You have the opportunity to become a Financial Manager, Human Resources Manager, Medical and Health Service Manager, or an Advertising, Marketing, and Public Relations Manager. If you do not wish to become a manager, there are opportunities to become a Top Executive of a company, or an Education Administrator.

Growth Projected for Business Administration Careers

Want a job when you graduate with your business administration degree? Business Administration & Management careers are expected to grow 7.0% between 2016 and 2026.

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

Occupation Name Projected Jobs Expected Growth
General and Operations Managers 2,468,300 9.1%
Retail Sales Supervisors 1,590,100 3.8%
Office and Administrative Support Worker Supervisors 1,557,400 3.4%
Managers 1,071,700 8.0%
Management Analysts 921,600 14.3%

How Much Money Do People With a Business Administration Degree Make?

Business Administration & Management graduates between 2017-2019 reported earning an average of $48,940 in the 2019-2020 timeframe. Earnings can range from as low as $16,809 to as high as $179,063. As you might expect, salaries for business administration graduates vary depending on the level of education that was acquired.

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High Paying Careers for Business Administration Majors

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

Occupation Name Median Average Salary
Chief Executives $200,140
Computer and Information Systems Managers $152,860
Sales Managers $140,320
Natural Sciences Managers $139,680
Purchasing Managers $125,630

Getting Your Business Administration & Management Degree

With over 9,591 different business administration 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 administration school rankings to help you with this.


 

Business Administration & Management is one of 21 different types of Business, Management & Marketing programs to choose from.

Business Administration Concentrations

Major Annual Graduates
General Business Administration and Management 353,401
Organizational Leadership 15,171
Interior Design Management 14,326
Supply Chain Management 10,986
Operations Management 7,153

View All Business Administration Focus Areas >

Related Major Annual Graduates
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916
Management Sciences & Quantitative Methods 43,382

View All Business Administration Related Majors >

References

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