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We looked at average salaries across various career stages for popular MBA specializations.

How much business professionals earn varies by experience and education.īelow, we describe the top five highest-paying business majors. Marketing, finance, and international business rank among the business majors with the highest starting salaries. What are the requirements for a career in business? Highest-Paying Business Majors MBA programs typically offer concentrations in areas like human resources management, information technology, and finance. Many candidates come from liberal arts, science, and engineering backgrounds. Most business graduate schools accept applicants from a variety of disciplines. Prospective MBA students do not need an undergraduate degree in business to apply. Professionals with a master's degree can earn significantly more, with PayScale reporting an average MBA salary of $91,000 a year for the same period. PayScale reports an average annual salary of $69,000 for BBA graduates as of September 2021. How a Master's Can Affect Your SalaryĮarning a master of business administration (MBA) can open the door to more job opportunities and higher salaries. Below, we discuss the potential salary benefits of pursuing a master's degree in business. Majoring in management or human resources management can also lead to high salaries.Įducation level also impacts earning potential. For example, marketing, finance, and international business majors frequently land well-paying jobs. Specialization areas can influence a business graduate's starting salary. Available concentrations vary by school, but may include real estate, economics, entrepreneurship, and business law. BBA candidates can also add concentrations in many business subdisciplines. This degree provides a broad overview of the business field.

Undergraduate students can pursue a general business degree, often called a bachelor of business administration (BBA).

Business students gain communication, leadership, problem-solving, and decision-making skills. This popular field of study explores management strategies, accounting fundamentals, and general business theory. Read more about these majors What Are Business Majors?īusiness is one of the top undergraduate majors in the United States.