The average yearly starting salary for students with a bachelor's degree in business ranged from $46,107 to $56,242, according to the National Association of Colleges and Employers 2015 Salary Survey. The starting salary for graduates with a bachelor's degree in business administration falls within this range, and earnings increase with experience.
Earnings for Business Administration Majors
According to NACE, the average starting salary for students with a bachelor's degree in business administration was $51,196 in 2015. The U.S. Department of Education reports that people aged 25 and older with bachelor's degrees in business earned, on average, $66,605 per year in 2011. This is higher than the average earnings of $1,101 per week, or $57,252 annually, that the BLS reported for all bachelor's degree holders aged 25 and older in 2014.
Earnings Varied by Gender and Employer
The U.S. Department of Education reports that in 2011, men with business degrees earned median yearly salaries of $76,130, compared to $56,152 for women. Business graduates working in the private sector earned median yearly salaries of $68,465, and those working for the government earned $61,490. Self-employed business graduates earned $62,159.
- U.S. Bureau of Labor Statistics: Median Weekly Earnings by Educational Attainment in 2014
- National Association of Colleges and Employers: Top-Paid Business Majors at the Bachelor’s and Master’s Levels
- U.S. Department of Education: Detailed Field of Bachelor’s Degree by Median Annual Earnings and Selected Employment Characteristics for the Population 25 Years and Over: 2011
- National Association of Colleges and Employers: NACE Salary Survey
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