An official website of the United States government

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Field of degree: Business

PRINTER-FRIENDLY

Business field of degree. Employment: 13,544,480. Median annual wage: $71,000.

View Chart Data

Table 1. Business degree, 2022
Data	Business	All fields
Employment	13,544,480	62,187,580
Median wage	71,000	66,000
Percent employed part time	11	14
Percent employed in occupations requiring at least a bachelor's degree	54	62
Percent with an advanced degree	26	38
Source: U.S. Census Bureau, American Community Survey.

Chart 1. Types of business majors, 2022.

View Chart Data

Chart 1. Types of business, 2022
Business majors	Major share
Business Management And Administration	28%
General Business	20
Accounting	17
Marketing And Marketing Research	12
Finance	11
Other	12
Note: The sum of percents by major may not total 100 due to rounding. Source: U.S. Census Bureau, American Community Survey.

Chart 2. Employment distribution of workers with a business degree, by occupational group, 2022.

View Chart Data

Chart 2. Employment distribution of workers with a business degree, by occupational group, 2022
Occupational group	Occupational group share
Management occupations	25%
Business and financial operations occupations	23
Sales and related occupations	12
Office and administrative support occupations	9
Computer and mathematical occupations	5
Other	25
Note: The sum of percents by major may not total 100 due to rounding. Source: U.S. Census Bureau, American Community Survey.

Table 2. Top-employing occupations for workers with a business degree.

View Chart Data

Table 2. Top-employing occupations for workers with a business degree
Occupational Outlook Handbook profile	Percent growth, projected 2023–33	Typical entry-level education	Percent degree holders in this field, this occupation, 2022	Percent of this occupation with an advanced degree, 2022
Financial managers	17%	Bachelor's degree	4%	22%
Management analysts	11	Bachelor's degree	2	35
Human resources specialists	8	Bachelor's degree	2	19
Accountants and auditors	6	Bachelor's degree	9	30
General and operations managers	6	Bachelor's degree	2	13
Managers, all other	6	Bachelor's degree	6	21
Chief executives	5	Bachelor's degree	3	31
Sales representatives, wholesale and manufacturing, except technical and scientific products	1	High school diploma or equivalent	2	8
Customer service representatives	-5	High school diploma or equivalent	2	4
First-line supervisors of retail sales workers	-6	High school diploma or equivalent	2	5
Note: Occupational profiles may comprise multiple SOC occupations, which may have differing education categories. Source: U.S. Bureau of Labor Statistics, Employment Projections program (projected growth, entry-level education) and U.S. Census Bureau, American Community Survey (degree holders, advanced degrees).

Suggested citation:

Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Field of degree: Business,
at https://www.bls.gov/ooh/field-of-degree/business/business-field-of-degree.htm (visited November 02, 2024).

Last Modified Date: Thursday, August 29, 2024