September 25, 2021

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What to Do With a Business Degree

2 min read

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.

OccupationMedian SalaryMedian HourlyCurrent jobsOutlookRequired Education
Accountant$61,690$29.661,290,640GoodBachelor’s degree
Actuary$87,650$42.1419,730GoodBachelor’s degree
Advertising Manager$83,890$40.3344,640NormalBachelor’s degree
Advertising Sales Agent$45,350$21.80166,830NormalBachelor’s degree
Auditor$61,690$29.661,290,640GoodBachelor’s degree
Bill Collector$31,310$15.05401,700GoodHigh School Diploma
Brokerage Clerk$33,840$16.2767,610NormalBachelor’s degree
Budget Analyst$68,200$32.7667,210NormalBachelor’s degree
Claims Examiner$58,620$28.18294,620NormalBachelor’s degree
College Professor$62,050$29.831,756,000GoodGraduate Degree
Cost Estimator$57,860$27.82217,760GoodBachelor’s degree
Elementary School Teacher$51,660$24.841,549,520GoodBachelor’s Degree
Financial Analyst$74,350$35.75250,630GoodBachelor’s Degree
Financial Examiner$74,940$36.0327,020GoodBachelor’s Degree
Financial Manager$103,910$49.96539,250GoodBachelor’s Degree
High School Teacher$53,230$25.591,109,500GoodBachelor’s Degree
Insurance Sales Agent$46,770$22.49434,770GoodBachelor’s degree
Insurance Underwriter$60,670$29.17102,950NormalBachelor’s degree
Kindergarten Teacher$48,800$23.46179,520NormalBachelor’s Degree
Loan Officer$60,660$29.16327,840NormalMaster’s Degree
Logistician$70,800$34.04100,380GoodBachelor’s degree
Management Analyst$78,160$37.58746,860GoodBachelor’s degree
Market Research Analyst$60,660$29.16249,810GoodBachelor’s degree
Middle School Teacher$51,960$24.98659,460GoodBachelor’s Degree
Personal Financial Advisor$64,750$31.13208,420GoodBachelor’s Degree
Purchasing Manager$64,750$31.1370,350NormalBachelor’s Degree
Real Estate Agent$40,030$19.25394,420GoodBachelor’s degree
Real Estate Appraiser$48,500$23.3292,360NormalBachelor’s Degree
Real Estate Broker$54,910$26.40123,390NormalBachelor’s degree
Sales Manager$98,350$47.28346,860GoodBachelor’s degree
Survey Researcher$73,720$35.4419,600GoodGraduate Degree

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