What Can I Do With a Major in Business?
In college, business majors learn many things that directly translate into valuable skills in the workplace. Their education is normally very well-rounded, and includes subjects like finance, accounting, marketing, ethics, and economics. Each one of these subjects has real world applications, and provides students with a solid business background that they can use throughout their careers.
More than 80% of people who earn an undergraduate degree in business end up working in an occupation that is very closely related to their field of study. Many graduates go on to work as managers, accountants, auditors, executives, and salesmen.
Business majors earn a median salary of $59,000 per year, which is about 8% higher than the median salary of all college graduates combined. New college graduates can expect to earn significantly less than that, however. The median salary for business majors between the ages of 25 and 29 is $40,000.
The unemployment rate for graduates with a degree in business is 5.8%, which is significantly lower than the nationwide unemployment rate. If you want to earn a degree that has many real world applications, then majoring in business could be a great choice for you.
Careers for Business Majors
Below is a list of common career choices for business majors. This is not intended to be a comprehensive list, as people with a degree in business do so many unique and interesting things that it would be impossible to list them all. However, the list should give you a good idea of the types of opportunities you could expect to find with a business degree.
|Occupation||Median Salary||Median Hourly||Current jobs||Outlook||Required Education|
|Advertising Manager||$83,890||$40.33||44,640||Normal||Bachelor’s degree|
|Advertising Sales Agent||$45,350||$21.80||166,830||Normal||Bachelor’s degree|
|Bill Collector||$31,310||$15.05||401,700||Good||High School Diploma|
|Brokerage Clerk||$33,840||$16.27||67,610||Normal||Bachelor’s degree|
|Budget Analyst||$68,200||$32.76||67,210||Normal||Bachelor’s degree|
|Claims Examiner||$58,620||$28.18||294,620||Normal||Bachelor’s degree|
|College Professor||$62,050||$29.83||1,756,000||Good||Graduate Degree|
|Cost Estimator||$57,860||$27.82||217,760||Good||Bachelor’s degree|
|Elementary School Teacher||$51,660||$24.84||1,549,520||Good||Bachelor’s Degree|
|Financial Analyst||$74,350||$35.75||250,630||Good||Bachelor’s Degree|
|Financial Examiner||$74,940||$36.03||27,020||Good||Bachelor’s Degree|
|Financial Manager||$103,910||$49.96||539,250||Good||Bachelor’s Degree|
|High School Teacher||$53,230||$25.59||1,109,500||Good||Bachelor’s Degree|
|Insurance Sales Agent||$46,770||$22.49||434,770||Good||Bachelor’s degree|
|Insurance Underwriter||$60,670||$29.17||102,950||Normal||Bachelor’s degree|
|Kindergarten Teacher||$48,800||$23.46||179,520||Normal||Bachelor’s Degree|
|Loan Officer||$60,660||$29.16||327,840||Normal||Master’s Degree|
|Management Analyst||$78,160||$37.58||746,860||Good||Bachelor’s degree|
|Market Research Analyst||$60,660||$29.16||249,810||Good||Bachelor’s degree|
|Middle School Teacher||$51,960||$24.98||659,460||Good||Bachelor’s Degree|
|Personal Financial Advisor||$64,750||$31.13||208,420||Good||Bachelor’s Degree|
|Purchasing Manager||$64,750||$31.13||70,350||Normal||Bachelor’s Degree|
|Real Estate Agent||$40,030||$19.25||394,420||Good||Bachelor’s degree|
|Real Estate Appraiser||$48,500||$23.32||92,360||Normal||Bachelor’s Degree|
|Real Estate Broker||$54,910||$26.40||123,390||Normal||Bachelor’s degree|
|Sales Manager||$98,350||$47.28||346,860||Good||Bachelor’s degree|
|Survey Researcher||$73,720||$35.44||19,600||Good||Graduate Degree|