A business degree is a significant investment. The key to maximizing that investment is knowing which areas within business pay the highest salaries. Here are the Highest Paying Business Degrees based upon the most recent jobs information available from the U.S. Bureau of Labor and Statistics.
Ranking the Top 10 Highest Paying Degrees in Business
- Entrepreneurship – M.S. or B.S. in Entrepreneurship or MBA in Entrepreneurship
- E-commerce – M.S. or B.S. in E-commerce, or MBA in E-commerce
- Marketing – M.S. or B.S. in Marketing, or MBA in Marketing
- Finance – M.S. or B.S. in Finance, or MBA in Finance
- Human Resource Management – M.S. or B.S. in Human Resources, or MBA in Human Resources
- Economics – M.S. or B.S. in Economics, or MBA in Economics
- Healthcare Management – M.S. in Healthcare Administration or Healthcare Management, or MBA in Healthcare Administration
- Global Business – M.S. in International Business or MBA in International Business
- Business Administration/Management – MBA
- Accounting – M.S. or B.S. in Accounting, or MBA in Accounting
1. Entrepreneurship – M.S. or B.S. in Entrepreneurship or MBA in Entrepreneurship
A business degree based in the specialization of entrepreneurship provides students with instruction concentrated on the vital aspects and decision making skills necessary to handle the daily operations of an organization. Courses within an entrepreneurship specialization include: capital management, global business, and product development as well as general business principles like: sales, marketing, finance, public relations, human resources, and accounting. Graduates who complete business degrees within entrepreneurship specializations often advance to establish careers as chief executive officers with median average salaries of $158,560 annually though earnings vary by organization of employment and responsibility level.
2. E-commerce – M.S. or B.S. in E-commerce, or MBA in E-commerce
The field of E-commerce is one of the most innovative and quickly evolving aspects of the business industry. Students who specialize studies within this discipline gain a versatile understanding of E-commerce management and electronic services as well as the skills necessary to establish, formulate, and implement means of electronic distribution. Courses provide students with general business instruction as well as specialized studies in the management information systems. Most E-commerce curricula include the following courses: analysis and design of information and E-systems, decision support systems and data mining, emerging information technologies, E-commerce project management, seminar in global E-commerce policy, database systems, managing telecommunication and Internet technologies, information technologies, global operations information technology, and design of information systems for business. Graduates who concentrate their business degrees within E-commerce programs often advance as E-commerce management specialists, entrepreneurs, Internet marketers, or Internet applications designers with the potential to earn $127,870 yearly.
3. Marketing – M.S. or B.S. in Marketing, or MBA in Marketing
Marketing Business majors who concentrate studies within marketing specializations gain a broad understanding of the responsibilities necessary to organize and promote various firms and businesses. Marketing programs offer students the ability to analyze, research, strategize and deliver methods and techniques necessary to support an organizations brand, increase profits, and maximize investments. A business specialization in marketing includes courses like: business administration, economics, finance, accounting, public relations, statistics, organizational management, and business law. Most graduates advance to positions as marketing managers devising means of advertising for clients, offering customer and company analysis, and maximizing profits. Marketing managers generally have earnings of $112,800 annually.
4. Finance – M.S. or B.S. in Finance, or MBA in Finance
Top-ranked Finance Programs
A degree in fiance provides graduates with the ability specialize business skills in fields like: financial accounting, capital, money markets, and investments. Finance programs provide an in-depth understanding of personal, corporate, and international finance to offer clients means of strengthening their long term investment, retirement, debt management, and insurance plans. Earning a business degree in finance features general business courses in marketing, human resource management, business law, and project management as well as corporate finance, management information systems, supply chain management, and issues in management and organizations. Graduates with business degrees with concentrations in finance generally advance to positions as personal financial advisors, financial analysts, budget analysts, and financial consultants within numerous organizations earning salaries of $99,330 yearly.
5. Human Resource Management – M.S. or B.S. in Human Resources, or MBA in Human Resources
A business degree based in the specialization of human resource management offers graduates the ability to act as professionals recruiting, training, motivating, and retaining employee talent. Human resource management courses offer instruction based in fostering the growth of an organization and include instruction within global leadership, human capital management, global business, strategic operations management, financial accounting, organizational strategy, human resource management technologies and applications, and integrating functional and strategic human resource management classes. Graduates who complete a business degree within a human resource management program advance as human resource managers or specialists within today’s top firms earning as much as $96,130 annually.
6. Economics – M.S. or B.S. in Economics, or MBA in Economics
An economics concentration within a business program provides graduates with the ability to comprehend the impact of government policies, global relations, and the value of sound business decisions. Courses within an economics program include: advanced microeconomics, advanced macroeconomics, econometric methods for business analysis, business and economic forecasting, applied time series and forecasting, industrial organization, business and public policy, public economics and the economics of taxation, labor economics and labor relations, business regulation and antitrust, history of economic thought, regional and urban economics, international trade, international macroeconomics, economics of developing countries, and advanced econometric methods. Graduates advance with the skills to establish careers as economists, credit analysts, investment bankers, or market analysts. Earnings for economists begin at $83,590 annually.
7. Healthcare Management – M.S. in Healthcare Administration or Healthcare Management, or MBA in Healthcare Administration
Healthcare Management Business degree candidates who concentrate studies within healthcare management gain a secure educational foundation in two quickly advancing industries. Healthcare management programs feature standard knowledge in the most contemporary business trends as well as the leadership skills required to manage a number of the top organizations in the health care industry. Courses generally include health care policy and regulations, health care economics, health care law, health care risk management, global issues in health care management, and health care informatics. Graduates who complete business degrees with concentrations in healthcare management often establish careers as healthcare administrators, healthcare managers, hospital administrators, or health care consultants earning salaries of $80,240 annually.
8. Global Business – M.S. in International Business or MBA in International Business
Global Business Students who complete studies within global business degree programs gain an educational foundation necessary to perform as professionals within international corporations. Global business degree programs prepare graduates to advance as professionals within multinational firms, government agencies, financial institutions, and international organizations. Most degree programs include the following courses: global banking and capital markets, emerging financial markets, global outsourcing strategy, multinational business management, advanced perspectives on enterprise systems, operations for global entrepreneurs, and monetary policy, banks, and central banks. Graduates often advance to positions as chief executive officers, entrepreneurs, and management analysts earning $73,570 annually.
9. Business Administration/Management – MBA
Earning a degree in business administration/management offers students the ability to research, lead, and analyse the daily operations of an organization to maximize efficiency and profits. Courses are based in a number of contemporary business disciplines including: accounting, business strategy, economics, finance, human resources, marketing management, manufacturing and production, operations management, statistics, and technology and information systems. Graduates who complete business administration/management programs often advance to executive and senior management positions or as general operations managers. Typical salaries for executive management professionals range from $62,900 to $137,020 annually.
10. Accounting – M.S. or B.S. in Accounting, or MBA in Accounting
Accounting Business degree programs with an accounting concentration offers graduates the ability to perform as auditors managing corporate budgets, information technology, and financial records to maximize efficiency and increase profits within firms and organizations. Courses include: managerial accounting theory and practice, business policy, information systems, accounting and auditing aspects of computer-based information systems, microeconomics, taxation, macroeconomics, financial decision making, introduction to operations management, marketing management, applied statistical analysis for business decisions. Graduates who complete business degrees with specializations in accounting gain employment as accountants, auditors, management accountants, financial representatives, IRS investigators, and loan officer administrators. Accountants generally earn $45,900 to $78,210 annually.