The best business research universities are those with rich histories of influence, proven through the work produced by the program’s faculty and alumni. Beyond demonstrating scholarly impact in the field, the best business degree programs maximize your opportunities to interact with outstanding business faculty.
A bachelor’s degree in business administration is an excellent starting point for a career in business management, finance, or entrepreneurship. As a business major, you’ll learn basic business theory as well as practical concepts related to sales, marketing, accounting and more. You’ll also have a chance to focus on specific aspects of business, including human resources, hospitality, real estate, entertainment and much more.
According to the National Center for Educational Statistics, the business degree is an extremely popular degree because of its versatility. As a business major, you’ll pursue your own concentration—whether your interest is in sales, promotions, international business, or any of the countless other options at your fingertips. The best schools for business administration are those which are regionally accredited, which offer a full array of business administration concentrations, and which give you the chance to work with the best and most influential professors and classmates.
Earning a bachelor’s degree in Business administration can open numerous professionals doors. In fact, you can do practically anything with this degree. If you have an interest in project management, marketing, or small business administration, you’ll love majoring in business. Majoring in business is also a great option for students who are interested in learning about retail management, corporate citizenship, entrepreneurship, hospitality, real estate, and much more. In addition to opening numerous career pathways, majoring in business can help prepare you for pursuit of an advanced degree. Many business majors will go on to pursue a Master of Business Administration (MBA) degree.
Today, top business influencers are driving innovation through their research on lean startup methods, social marketing, global entrepreneurship, and more.
Back to TopAccording to the National Center for Educational Statistics, business administration is the single most popular major because of its versatility, as well as the potential for excellent pay. Many of the skills you’ll develop as a business major will be applicable in other areas of life and career. Business majors typically incorporate the kinds of 21st Century skills like collaboration, communication, creative thinking and technological literacy. Even if you don’t plan to start your own business or lead a company, these skills will be valuable as you pursue your professional goals.
The business major also offers students among the best returns on investment. According to the Bureau of Labor Statistics, This median annual wage for business and financial occupations was $69,820 in May 2019, which was significantly higher than the median annual wage for all occupations of $39,810.
Back to TopOnce you’ve declared your major in business administration, you will likely be required to complete a set of core courses in a number of business-related subject areas. While your concentration will give you a chance to choose from a wide range of highly-specialized business administration electives, there are a number of common courses that most business administration majors will be required to take, including:
The short answer to this question is, whatever you want. Whether you want to run a four-star hotel, start your own boutique shop on Main St., or crunch numbers for a Fortune 500 company, majoring in business is a good starting point. Your business major can lead to a wide range of career opportunities, including these top jobs:
If you think a liberal arts college may be a better fit for you, see our ranking of the best liberal arts colleges for a bachelor’s in business.
Tuition + fees
$62K
Acceptance
6%
Graduation
96%
Student body
28K
Median SAT/ACT
1515/34
University of Pennsylvania’s faculty and alumni have been influential in:
Tuition + fees
$64K
Acceptance
4%
Graduation
97%
Student body
26K
Median SAT/ACT
1515/34
Columbia University’s faculty and alumni have been influential in:
Tuition + fees
$56K
Acceptance
4%
Graduation
96%
Student body
13K
Median SAT/ACT
1545/35
Massachusetts Institute of Technology’s faculty and alumni have been influential in:
Tuition + fees
$17K
Acceptance
20%
Graduation
94%
Student body
44K
Median SAT/ACT
1430/32
University of Michigan’s faculty and alumni have been influential in:
Tuition + fees
$61K
Acceptance
9%
Graduation
94%
Student body
25K
Median SAT/ACT
1470/33
Cornell University’s faculty and alumni have been influential in:
Tuition + fees
$61K
Acceptance
7%
Graduation
95%
Student body
20K
Median SAT/ACT
1490/34
Northwestern University’s faculty and alumni have been influential in:
Tuition + fees
$57K
Acceptance
13%
Graduation
87%
Student body
49K
Median SAT/ACT
1455/32
New York University’s faculty and alumni have been influential in:
Tuition + fees
$62K
Acceptance
6%
Graduation
96%
Student body
9K
Median SAT/ACT
1500/34
Brown University’s faculty and alumni have been influential in:
Tuition + fees
$13K
Acceptance
11%
Graduation
92%
Student body
46K
University of California, Los Angeles’s faculty and alumni have been influential in:
Tuition + fees
$12K
Acceptance
29%
Graduation
88%
Student body
45K
Median SAT/ACT
1340/29
University of Texas at Austin’s faculty and alumni have been influential in:
Tuition + fees
$9K
Acceptance
20%
Graduation
90%
Student body
25K
Median SAT/ACT
1385/30
University of North Carolina at Chapel Hill’s faculty and alumni have been influential in:
Tuition + fees
$59K
Acceptance
14%
Graduation
93%
Student body
16K
Median SAT/ACT
1510/34
Carnegie Mellon University’s faculty and alumni have been influential in:
Tuition + fees
$20K
Acceptance
21%
Graduation
94%
Student body
25K
Median SAT/ACT
1415/32
University of Virginia’s faculty and alumni have been influential in:
Tuition + fees
$59K
Acceptance
15%
Graduation
96%
Student body
13K
Median SAT/ACT
1475/33
University of Notre Dame’s faculty and alumni have been influential in:
Tuition + fees
$59K
Acceptance
13%
Graduation
93%
Student body
13K
Median SAT/ACT
1520/34
Washington University in St. Louis’s faculty and alumni have been influential in:
Tuition + fees
$6K
Acceptance
30%
Graduation
91%
Student body
48K
Median SAT/ACT
1375/31
University of Florida’s faculty and alumni have been influential in:
Tuition + fees
$12K
Acceptance
53%
Graduation
84%
Student body
44K
Median SAT/ACT
1326/30
University of Washington’s faculty and alumni have been influential in:
Tuition + fees
$59K
Acceptance
4%
Graduation
93%
Student body
2K
Median SAT/ACT
1555/35
California Institute of Technology’s faculty and alumni have been influential in:
Tuition + fees
$62K
Acceptance
19%
Graduation
91%
Student body
13K
Median SAT/ACT
1415/32
Boston College’s faculty and alumni have been influential in:
Tuition + fees
$13K
Acceptance
16%
Graduation
92%
Student body
34K
Median SAT/ACT
1450/33
Georgia Tech’s faculty and alumni have been influential in:
Tuition + fees
$60K
Acceptance
50%
Graduation
84%
Student body
20K
Median SAT/ACT
1360/31
George Washington University’s faculty and alumni have been influential in:
Tuition + fees
$55K
Acceptance
13%
Graduation
90%
Student body
13K
Median SAT/ACT
1455/32
Emory University’s faculty and alumni have been influential in:
Tuition + fees
$56K
Acceptance
58%
Graduation
83%
Student body
15K
Median SAT/ACT
1320/29
Fordham University’s faculty and alumni have been influential in:
Tuition + fees
$12K
Acceptance
57%
Graduation
88%
Student body
56K
Median SAT/ACT
1320/29
Ohio State University’s faculty and alumni have been influential in:
BS in Business Administration Specializations:
Tuition + fees
$9K
Acceptance
20%
Graduation
90%
Student body
25K
Median SAT/ACT
1385/30
University of North Carolina at Chapel Hill’s faculty and alumni have been influential in:
Career | Job Growth | Avg. Salary |
---|---|---|
Chief Executives | -7.26% | $143,553 |
Sales Managers | 5.07% | $117,752 |
Industrial Production Managers | 3.48% | $104,679 |
Managers, All Other | 6.01% | $103,157 |
Construction Managers | 7.61% | $103,005 |
Bottom 10% | Median | Top 10% |
---|---|---|
$54,083 | $92,167 | $143,516 |
State | Cost of Living | Avg. Salary |
---|---|---|
#2 Delaware | 2% higher than average | $114,937 |
#3 Alabama | 13% higher than average | $94,354 |
#4 Ohio | 14% higher than average | $92,913 |
#5 New York | 5% higher than average | $111,012 |
#6 Virginia | 5% higher than average | $100,563 |
Industry | Avg. Salary |
---|---|
Other Electric Power Generation | $150,425 |
Nuclear Electric Power Generation | $148,434 |
Oil and Gas Extraction | $147,258 |
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