What salary should I expect with a Business Management degree?

business management salary

“Sure, sometimes guys pass you up in salary, and maybe it’s a lesser player, but it’s all based on what a team has as far as value in that person.”  – Brett Favre

Okay, so let’s face it: the business management salary is one of the first questions a degree seeker wants to know the answer to…You wouldn’t want to work for peanuts, so let’s check out some figures together.

Of course, the salary levels vary greatly with a business management degree, depending on the type of “business managing” you are looking to go into. You also will want to consider the Bachelor’s vs. Master’s degree as well, but we will delve into both.

Take a look at… The Highest Paying Business Management Positions

The Salary You Can Expect

According to the U.S. Bureau of Labor Statistics, a business management degree can earn you anywhere from $40,000 to over $110,000, again, depending on your field of choice as well as location, education, and experience. There are many various job opportunities to consider with a wide array of salary options, too.

Of course, when choosing a career to pursue, we all know that there is no substitute for actually enjoying your job, so salary aside, choosing to obtain a business management degree will open up a lot of opportunities that will ultimately be a satisfying fit to your lifestyle.

In terms of starting salaries, a business administration degree is one of the more lucrative majors. Students pursuing this major have the chance to become executives and CEOs of major corporations and even become the president of their own someday.

business management salary

Will earning a Business Management degree yield a good return on my money?

If you are talking about your expected job income after completing the degree program, then it can vary depending on your field of specialization. Some fields that may offer a better return on your investment may include finance, accounting, human resources, marketing, or entrepreneurship.

However, it is important to research the job prospects and salaries in the field you are planning to pursue in order to determine the potential for a good return on your investment.

Earn a Master’s Degree

Frequently, graduates with this degree will decide to continue their education and get their masters in BA.

Let’s touch on the decision on the master’s degree. According to the U.S. Bureau of Labor Statistics, a master’s degree can greatly enhance your chances of landing that dream job…not to mention boost your salary. They predict that jobs requiring a master’s degree are expected to grow by 5-8% between now and the year 2032. 

Stand Out

More and more employers are looking for that special candidate who stands out amongst the rest and has that extra education needed to be a high-end, successful manager. Obtaining a master’s in business administration degree will allow you to command a six-figure start to your career.

Additional Resources:

Rowan Jones
Chief Editor