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What is a business major?

Business programs concentrate on the general examination of the exchanging of goods and services (buying, selling, and producing). Programs also focus on the organization and accounting used within for-profit and nonprofit public and private institutions and agencies. The programs aim to prepare individuals to apply business principles and techniques in various occupational settings. Various subtopics include business management, finance and accounting, business support services, entrepreneurship and small business operations, hospitality and tourism management, human resources, as well as sales and marketing.

How much do business majors make?

median average salary

$73,000/yr

The national average salary for business graduates in the United States is $73,000 per year. Those in the top 10 percent make over $180,000 a year, while the bottom 10 percent make under $26,000 a year. While salary ranges can vary by role, industry, and location, business graduates typically make between $45,000 and $115,000 per year.

How popular is business as a major?

Each year, around 186,500 students obtain a bachelor’s degree and around 75,400 students obtain an associate degree in business. In 2021, 189,168 students received a bachelor's degree and 79,518 students received an associate degree. This is 3% more business majors than there were in 2020. Business is one of the most popular majors within business and management.

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