Field of degree: Business
Table 1. Business degree, 2021
Data |
Business |
All fields |
Employment
|
12,969,480 |
59,687,450 |
Median wage
|
69,000 |
63,000 |
Percent employed part time
|
11 |
14 |
Percent employed in occupations requiring at least a bachelor's degree
|
53 |
62 |
Percent with an advanced degree
|
26 |
38 |
Chart 1. Types of business, 2021
Business majors |
Major share |
Business Management And Administration
|
27% |
General Business
|
21 |
Accounting
|
18 |
Finance
|
12 |
Marketing And Marketing Research
|
11 |
Other
|
12 |
Chart 2. Employment distribution of workers with a business degree, by occupational group, 2021
Occupational group |
Occupational group share |
Management occupations
|
24% |
Business and financial operations occupations
|
23 |
Sales and related occupations
|
12 |
Office and administrative support occupations
|
10 |
Computer and mathematical occupations
|
5 |
Other
|
25 |
Table 2. Top-employing occupations for workers with a business degree
Occupational Outlook Handbook profile |
Percent growth, projected 2022–32 |
Typical entry-level education |
Percent degree holders in this field, this occupation, 2021 |
Percent of this occupation with an advanced degree, 2021 |
Financial managers
|
16% |
Bachelor's degree |
4% |
21% |
Management analysts
|
10 |
Bachelor's degree |
2 |
35 |
Human resources specialists
|
6 |
Bachelor's degree |
2 |
19 |
Accountants and auditors
|
4 |
Bachelor's degree |
9 |
29 |
Managers, all other
|
3 |
Bachelor's degree |
6 |
21 |
Elementary school teachers, except special education
|
1 |
Bachelor's degree |
2 |
49 |
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
|
-7 |
High school diploma or equivalent |
2 |
5 |
Chief executives
|
-8 |
Bachelor's degree |
3 |
32 |
Last Modified Date:
Wednesday, September 6, 2023