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Field of degree: Business

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Business field of degree. Employment: 13,736,300. Median annual wage: $75,000.

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Table 1. Business degree, 2023
Data	Business	All fields
Employment	13,736,300	63,725,710
Median wage	75,000	70,000
Percent employed part time	12	15
Percent employed in occupations requiring at least a bachelor's degree	55	62
Percent with an advanced degree	26	38
Source: U.S. Census Bureau, American Community Survey.

Chart 1. Types of business majors, 2023.

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Chart 1. Types of business, 2023
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, 2023.

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Chart 2. Employment distribution of workers with a business degree, by occupational group, 2023
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	6
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.

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Table 2. Top-employing occupations for workers with a business degree
Occupation	Percent degree holders in this field, this occupation, 2023	Percent of this occupation with an advanced degree, 2023	Percent growth, projected 2024–34	Typical entry-level education
Accountants and auditors	8%	29%	5%	Bachelor's degree
Managers, all other	6	21	4	Bachelor's degree
Financial managers	4	24	15	Bachelor's degree
Chief executives	3	32	4	Bachelor's degree
Management analysts	2	36	9	Bachelor's degree
Human resources specialists	2	20	6	Bachelor's degree
First-line supervisors of retail sales workers	2	6	-5	High school diploma or equivalent
Sales representatives, wholesale and manufacturing, except technical and scientific products	2	9	0	High school diploma or equivalent
Customer service representatives	2	4	-5	High school diploma or equivalent
General and operations managers	2	13	4	Bachelor's degree
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 August 28, 2025).

Last Modified Date: Thursday, August 28, 2025