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2021 Highest Paid General Business/Commerce Graduates

25,818 Bachelor's Degrees
$41,384 Avg Salary
$26,843 Avg Student Debt

Finding the Best General Business/Commerce School for You

Highest Paid General Business/Commerce GraduatesOut of the 338 majors we analyze each year, general business/commerce was ranked #22. In fact, 25,818 bachelor's degrees were handed out in 2018-2019. The general business school you choose to invest your time and money in matters. To help you make the decision that is right for you, we've developed a number of major-specific rankings, including this list of the Highest Paid General Business Graduates.

This year's Highest Paid General Business/Commerce Graduates ranking looked at 210 colleges that offer a bachelor's in general business.

The numbers used in this ranking are early career salaries, which we define to be 10 years after a student started college. This is the salary typically earned 4-6 years after graduation, but may be different depending on how long a person takes to complete their degree.

Comparing Average Salaries of General Business/Commerce Majors

After graduation, general business/commerce majors from schools in the United States earn an average salary of $41,384 per year. This is comparable to the national average salary for a typical college graduate from any field.

Average Salary for General Business Graduates from Schools Nationwide  41,384
0K
82,800
National Average Salary for All College Grads (Regardless of Major)  39,802
0K
82,800

College Combat

To further help you make the college decision, we've developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don't forget it.

2021 Highest Paid General Business/Commerce Grads in the United States

Below you'll see a list of the colleges and universities that produce the highest paid general business/commerce majors.

Top 25 Best Schools for Highly Paid General Business Graduates

Massachusetts Institute of Technology comes in at #1 in this year's ranking. MIT is a large private not-for-profit school located in the midsize city of Cambridge. Students who receive their bachelor's in general business from the school go on to jobs that make an average salary of $88,700.

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#2

New York University

New York, NY

Our rankings recognize New York University as the #2 school in this year's rankings. Located in the city of New York, NYU is a private not-for-profit college with a very large student population. Upon graduating with a bachelor's degree, general business majors make an average salary of $77,100.

The average amount in student loans that general business majors at NYU take out while working on their bachelor's is $18,181. For students who choose a 10-year repayment plan, the average monthly student loan payment is $197.

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Our rankings recognize University of Virginia - Main Campus as the #3 school in this year's rankings. University of Virginia is a fairly large public school located in the suburb of Charlottesville. The average salary for a student who gets a bachelor's degree in general business from the school is $75,600.

General Business majors at University of Virginia take out an average of $16,447 in student loans while working on their bachelor's degree. This translates to an average monthly loan payment of $165, based on a 10-year repayment plan.

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Indiana University - Bloomington comes in at #4 in this year's ranking. IU Bloomington is a fairly large public school located in the small city of Bloomington. Students who receive their bachelor's in general business from the school go on to jobs that make an average salary of $62,300.

After completing their bachelor's degree, general business graduates from IU Bloomington carry an average student debtload of $19,005. For students who choose a 10-year repayment plan, the average monthly student loan payment is $213.

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#5

Baylor University

Waco, TX

Baylor University earned the #5 spot in our 2021 rankings. Baylor is a fairly large private not-for-profit school located in the medium-sized city of Waco. Students who receive their bachelor's in general business from the school go on to jobs that make an average salary of $61,700.

After completing their bachelor's degree, general business graduates from Baylor carry an average student debtload of $16,959. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $200.

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Northeastern University landed the #6 spot in our 2021 rankings for highest paid general business/commerce school. Northeastern is a fairly large private not-for-profit school located in the city of Boston. The average salary for a student who gets a bachelor's degree in general business from the school is $60,700.

The average amount in student loans that general business majors at Northeastern take out while working on their bachelor's is $23,179. For students who choose a 10-year repayment plan, the average monthly student loan payment is $274.

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#7

Wake Forest University

Winston-Salem, NC

Wake Forest University comes in at #7 in this year's ranking. Located in the midsize city of Winston-Salem, Wake Forest University is a private not-for-profit college with a medium-sized student population. Upon graduating with a bachelor's degree, general business majors make an average salary of $60,100.

While working on their bachelor's, general business majors at Wake Forest University accumulate an average of around $18,013 in student debt. For students who choose a 10-year repayment plan, the average monthly student loan payment is $197.

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The #8 spot in this year's ranking belongs to Concordia University - Texas. Located in the city of Lakeway, Concordia University - Texas is a private not-for-profit college with a small student population. General Business majors who obtain their bachelor's from the school make an average salary of $57,500.

On average, general business graduates from Concordia University - Texas take out $33,222 in student loans while working on their bachelor's degree. This translates to an average monthly loan payment of $361, based on a 10-year repayment plan.

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#9

Mount Mercy University

Cedar Rapids, IA

Our rankings recognize Mount Mercy University as the #9 school in this year's rankings. Mount Mercy is a small private not-for-profit school located in the city of Cedar Rapids. General Business majors who obtain their bachelor's from the school make an average salary of $56,100.

After completing their bachelor's degree, general business graduates from Mount Mercy carry an average student debtload of $27,398. The average monthly payment of a loan this size is about $284, assuming that the borrower is on a 10-year repayment plan.

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Saint Mary's University of Minnesota comes in at #10 in this year's ranking. Located in the distant town of Winona, SMU MN is a private not-for-profit college with a moderately-sized student population. General Business majors who obtain their bachelor's from the school make an average salary of $56,100.

After completing their bachelor's degree, general business graduates from SMU MN carry an average student debtload of $23,981.

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#11

University of Notre Dame

Notre Dame, IN

University of Notre Dame comes in at #11 in this year's ranking. Located in the suburb of Notre Dame, Notre Dame is a private not-for-profit college with a fairly large student population. Students who receive their bachelor's in general business from the school go on to jobs that make an average salary of $55,200.

On average, general business graduates from Notre Dame take out $16,978 in student loans while working on their bachelor's degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $197.

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CUNY Graduate School and University Center earned the #12 spot in our 2021 rankings. Located in the city of New York, The Graduate Center is a public college with a moderately-sized student population. Upon graduating with a bachelor's degree, general business majors make an average salary of $52,000.

After completing their bachelor's degree, general business graduates from The Graduate Center carry an average student debtload of $19,321. The average monthly payment of a loan this size is about $194, assuming that the borrower is on a 10-year repayment plan.

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#13

Liberty University

Lynchburg, VA

Liberty University landed the #13 spot in our 2021 rankings for highest paid general business/commerce school. Liberty University is a fairly large private not-for-profit school located in the city of Lynchburg. Upon graduating with a bachelor's degree, general business majors make an average salary of $51,700.

The average amount in student loans that general business majors at Liberty University take out while working on their bachelor's is $39,325. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $461.

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Saint Mary's College of California landed the #14 spot in our 2021 rankings for highest paid general business/commerce school. Located in the suburb of Moraga, SMC is a private not-for-profit school with a small student population. General Business majors who obtain their bachelor's from the school make an average salary of $50,900.

After completing their bachelor's degree, general business graduates from SMC carry an average student debtload of $21,951. The average monthly payment of a loan this size is about $252, assuming that the borrower is on a 10-year repayment plan.

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Our rankings recognize California Baptist University as the #15 school in this year's rankings. Located in the large city of Riverside, Cal Baptist is a private not-for-profit school with a large student population. General Business majors who obtain their bachelor's from the school make an average salary of $49,500.

While working on their bachelor's, general business majors at Cal Baptist accumulate an average of around $30,840 in student debt. The average monthly payment of a loan this size is about $322, assuming that the borrower is on a 10-year repayment plan.

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#16

Belmont University

Nashville, TN

Our rankings recognize Belmont University as the #16 school in this year's rankings. Located in the city of Nashville, Belmont is a private not-for-profit school with a medium-sized student population. Students who receive their bachelor's in general business from the school go on to jobs that make an average salary of $49,300.

On average, general business graduates from Belmont take out $26,708 in student loans while working on their bachelor's degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $270.

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Seattle Pacific University earned the #17 spot in our 2021 rankings. Located in the city of Seattle, SPU is a private not-for-profit school with a small student population. Upon graduating with a bachelor's degree, general business majors make an average salary of $49,200.

After completing their bachelor's degree, general business graduates from SPU carry an average student debtload of $21,923. This translates to an average monthly loan payment of $243, based on a 10-year repayment plan.

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The #18 spot in this year's ranking belongs to Strayer University - Florida. Located in the large suburb of Tampa, Strayer University - Florida is a private for-profit school with a small student population. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

The average amount in student loans that general business majors at Strayer University - Florida take out while working on their bachelor's is $37,861. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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Strayer University - Pennsylvania earned the #19 spot in our 2021 rankings. Located in the suburb of Trevose, Strayer University - Pennsylvania is a private for-profit college with a small student population. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

General Business majors at Strayer University - Pennsylvania take out an average of $37,861 in student loans while working on their bachelor's degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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Strayer University - Global Region earned the #20 spot in our 2021 rankings. Located in the city of Washington, Strayer University - Global Region is a private for-profit school with a fairly large student population. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

General Business majors at Strayer University - Global Region take out an average of $37,861 in student loans while working on their bachelor's degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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The #21 spot in this year's ranking belongs to Strayer University - Maryland. Located in the suburb of Suitland, Strayer University - Maryland is a private for-profit school with a small student population. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

After completing their bachelor's degree, general business graduates from Strayer University - Maryland carry an average student debtload of $37,861. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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The #22 spot in this year's ranking belongs to Strayer University - Mississippi. Strayer University - Mississippi is a fairly small private for-profit school located in the city of Jackson. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

While working on their bachelor's, general business majors at Strayer University - Mississippi accumulate an average of around $37,861 in student debt. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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The #23 spot in this year's ranking belongs to Strayer University - West Virginia. Strayer University - West Virginia is a fairly small private for-profit school located in the midsize suburb of Scott Depot. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

While working on their bachelor's, general business majors at Strayer University - West Virginia accumulate an average of around $37,861 in student debt. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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Strayer University - Texas comes in at #24 in this year's ranking. Strayer University - Texas is a small private for-profit school located in the large city of Austin. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

After completing their bachelor's degree, general business graduates from Strayer University - Texas carry an average student debtload of $37,861. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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Strayer University - Tennessee comes in at #25 in this year's ranking. Located in the city of Memphis, Strayer University - Tennessee is a private for-profit college with a small student population. The average salary for a student who gets a bachelor's degree in general business from the school is $49,000.

General Business majors at Strayer University - Tennessee take out an average of $37,861 in student loans while working on their bachelor's degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $400.

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Rest of the Top Schools for Highest Paid General Business/Commerce Graduates

#28

Strayer University - Alabama

Birmingham, AL
#29

Strayer University - Arkansas

Little Rock, AR

Additional Noteworthy Schools

Here are some additional great schools for General Business students seeking high pay that almost earned our Highest Paid General Business/Commerce Graduates award.

Rank College Location
32 Strayer University - District of Columbia Washington, DC
33 Strayer University - New Jersey Cherry Hill, NJ
34 Strayer University - Virginia Arlington, VA
35 Tarleton State University Stephenville, TX
36 DeVry University - Florida Miramar, FL
37 DeVry University - Georgia Decatur, GA
38 DeVry University - Arizona Phoenix, AZ
39 DeVry University - Texas Irving, TX
40 DeVry University - California Pomona, CA
41 DeVry University - Tennessee Nashville, TN
42 DeVry University - Illinois Chicago, IL

General Business/Commerce by Region

View the Highest Paid General Business/Commerce Graduates for a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Great Lakes

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

Related Major Annual Graduates
Business Administration & Management 172,408
Accounting 53,997
Finance & Financial Management 46,736
Marketing 44,258
Human Resource Management 11,757

View All General Business Related Majors >

Notes and References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Credit for the banner image above goes to U.S. Consulate General Munich.

More about our data sources and methodologies.

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