Field of degree: Business
Table 1. Business degree, 2019
Data |
Business |
All fields |
Employment
|
12,449,900 |
56,820,460 |
Median wage
|
65,000 |
60,000 |
Percent employed part time
|
11 |
15 |
Percent employed in occupations requiring at least a bachelor's degree
|
52 |
60 |
Percent with an advanced degree
|
25 |
37 |
Chart 1. Types of business majors, 2019
Business majors |
Major share |
Business Management And Administration
|
28% |
General Business
|
20 |
Accounting
|
18 |
Finance
|
11 |
Marketing And Marketing Research
|
11 |
Other
|
12 |
Chart 2. Employment distribution of workers with a business degree, by occupational group, 2019
Occupational group |
Occupational group share |
Management occupations
|
25% |
Business and financial operations occupations
|
23 |
Sales and related occupations
|
13 |
Office and administrative support occupations
|
10 |
Computer and mathematical occupations
|
5 |
Other
|
24 |
Table 2. Top-employing occupations for workers with a business degree
Occupational Outlook Handbook profile |
Percent growth, projected 2021–31 |
Typical entry-level education |
Percent degree holders in this field, this occupation, 2019 |
Percent of this occupation with an advanced degree, 2019 |
Financial managers
|
17% |
Bachelor's degree |
4% |
21% |
Management analysts
|
11 |
Bachelor's degree |
2 |
32 |
Human resources specialists
|
8 |
Bachelor's degree |
2 |
18 |
Accountants and auditors
|
6 |
Bachelor's degree |
9 |
26 |
Managers, all other
|
6 |
Bachelor's degree |
6 |
20 |
Sales representatives, wholesale and manufacturing, except technical and scientific products
|
4 |
High school diploma or equivalent |
2 |
8 |
Retail salespersons
|
0 |
No formal educational credential |
2 |
3 |
Customer service representatives
|
-4 |
High school diploma or equivalent |
2 |
4 |
First-line supervisors of retail sales workers
|
-5 |
High school diploma or equivalent |
2 |
4 |
Chief executives
|
-7 |
Bachelor's degree |
3 |
30 |
Last Modified Date:
Thursday, September 8, 2022