Business/Commerce
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Overview
Business/commerce is a program that focuses on the general study of business, including the processes of interchanging goods and services (buying, selling and producing), business organization, and accounting as used in profit-making and nonprofit public and private institutions and agencies. the programs may prepare individuals to apply business principles and techniques in various occupational settings.
Current award levels
Hover over the bars below to see how many people across the country completed a degree in business/commerce at each level last year.
020K40K60K0-1 Year Certificate1-2 Year CertificateAssociate's DegreeBachelor's DegreePostbaccalaureate CertMaster's DegreePost-master's CertProfessional Deg/DoctResearch Doctorate
Race/origin of recent graduates
Here is an overview of race/origin for all business/commerce graduates from this last academic year. We found a higher percentage of international graduates in this program than in 69% of other programs.
Race/Origin
White
Black
Pacific Islander
Hispanic
Asian
American Indian
Multiracial
Not Reported
International
Context: Percentage of Minority Graduates
Minority students comprise a lower percentage of graduates than in 45% of other programs.
Gender
Of all people with any degree in business/commerce earned in the last academic year, 49% were women.
Gender
Men
Women
Context: Percentage women
This is a lower percentage of women than 56% of other programs.
Salary
The Census Bureau provides salary data for people with bachelor's degrees in business/commerce.
Context: Median Salary
People with a degree in business/commerce have a median salary of $62,976.
Context: Benefit of a master's
About 24% of these bachelor's graduates also have a graduate degree, perhaps in a different field. Salaries improved by approximately 26% over those holding only the bachelor's degree for those with subsequent graduate degrees.
Employment
All of the following employment data applies to people holding a bachelor's degree in business/commerce.
Context: Unemployment Rate
With an unemployment rate of 2.8%, this degree's majors who are in the workforce are more likely to be employed than the bachelor's graduates of 34% of other fields.
Context: Self Employed Workers
About 12% of workers who earned a bachelor's in business/commerce are self-employed.
Top careers
Following are the most frequent jobs held by people who earned a bachelor's degree in General Business, perhaps followed by additional education in any field. There is a fun exploration of related degrees and careers under Explore Careers below.
Completions History
Salary and Employment for Majors
Understanding this data
This section's data applies to people with a bachelor's degree in business/commerce

This section is informed by household surveys collected by the US Census Bureau in its American Community Survey (ACS). The ACS tells us all about the individuals surveyed -- education level, age, career, salary, home, etc. -- and includes the field of degree for people who earned a bachelor's degree. All of the data that follows is for individuals who earned a bachelor's degree in general business, although we're also able to see the level of education the individuals attained. All higher degrees could have been in any field.

Employment overview
Percentage of general business bachelor's graduates who are working

Does getting a bachelor's degree in general business lead to a secure job? The donut chart shows the percentage general business majors who are working along with a broad view of where they work. We note:

  • Self-employed workers include those working in a family-owned business.
  • Government workers can be in local, state or federal governments.

Technically, about 16.9% of general business graduates are currently not working. However, only 2.8% are classified as "unemployed," while 14.1% are "not in the workforce." Unfortunately, we have no way of knowing whether people are out of the workforce for personal reasons or because they have been unable to find work for an extended period.

83%
Percentage working by type of employer
Government
Federal government
State government
Local government
Self-employed
Self Emp. Incoporated
Self Emp. Not Incorp.
Private not-for-profit
Private for-profit
total
Context: Unemployment rates

This chart lets you see whether general business majors have better unemployment rates than bachelor's graduates from other fields. In the shaded box plot, the percentage of unemployed with this degree is shown in blue, along with the distribution of the percentage of unemployed graduates for each bachelor's degree field.

2.8%0.0%1.0%2.0%3.0%4.0%5.0%
Salary overview
Typical salaries for general business majors

How does the median (middle) salary for general business majors compare to the median salaries for other majors? The chart below compares the median salaries for all bachelor's graduates by major. Here and everywhere that we discuss salary, we limit the population to those with bachelor's degrees who report working at least 35 hours a week and are aged 65 and younger.

Context: median salaries
$62,976$0$20,000$40,000$60,000$80,000$100,000
Distribution: Salaries by Employer

Above we compared the median salaries earned across college majors. Now we'll view the full salary range for general business majors. The charts below show the full distribution of salaries for this degree alone, with a look at how the type of employer might affect that salary. This salary includes all people who may also have received graduate education in this or any field. You can tease out the importance of graduate education in the last tab in the section.

$67K$58K$65K$75K$56K$47K$58K$63K$0$50K$100K$150K$200K$250KSelf Emp. Incoporated (7.1% )Private not-for-profit (6.4% )Private for-profit (69.2% )Federal government (3.8% )State government (3.7% )Self Emp. Not Incorp. (4.8% )Local government (4.9% )Overall (100%)

Note that we do not include salary data when the survey standard error is higher than 20% of the salary. Therefore, some categories may be missing or may only provide partial salary ranges. To provide salary breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, age, and other factors. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of these characteristics on salaries would correct for other factors that could be contributing to salary differences.

The battle of the sexes
Gender and success for general business majors

The donut chart shows the gender balance for all people with a bachelor's degree in general business. In the graphs that follow, we'll explore how these percentages compare to other bachelor's holders, and we'll also investigate the impact of gender on pay.

Gender
Men (64%)
Women (36%)
Context: Gender representation

How does the gender balance change according to college major? In the chart below, we see that general business has more men than most other degrees.

36%64%0%20%40%60%80%100%WomenMen
Distribution: salaries by gender

The chart below shows the distribution of salaries by gender of general business majors who are working 35 or more hours and are 65 or younger. If salaries are balanced for men and women, the blue and pink bars will be about the same. Many programs' graduates struggle with men's wages higher at all points of the salary distribution, including significantly higher top salaries.

$55K$70K$0$50K$100K$150K$200K$250KWomenMen
Context: Salary inequity

For general business graduates, men generally earn 27% more than women. This is near the middle of salary differentials within each program's graduates.

27%27%0%20%40%60%80%100%
Age and Advancement
Insights from the ages of general business bachelor's-holders

The ages of people in the US with a bachelor's degree in general business can give us a hint about whether this degree is in-fashion or out-of-fashion. A higher percentage of older people with a degree suggests that newer degree options have edged out this degree for recent graduates. Likewise, a higher percentage of younger people with a degree may suggest that this degree has become more popular in recent years.

Careeer Advancement

What entry-level pay should you expect in your first job, and is the mid-level pay significantly higher? Below we see salary distributions by age group for general business graduates who are working 35 or more hours weekly. Is there room for advancement in careers that stem from this degree?

$71K$74K$74K$68K$57K$73K$70K$47K$33K$0$50K$100K$150KSalaries by age20-2425-2930-3435-3940-4445-4950-5455-5960-64
0100K200K300KNumber with major20-2425-2930-3435-3940-4445-4950-5455-5960-64

Note that we do not include salary data when the survey standard error is higher than 20% of the salary. Therefore, some categories may be missing or may only provide partial salary ranges. To provide salary breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, age, and other factors. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of these characteristics on salaries would correct for other factors that could be contributing to salary differences.

Need for higher degrees
Is a bachelor's degree all you need?

Can general business majors earn a high salary without obtaining a graduate degree? Below, we dive into the prevalence of graduate degrees for general business majors, and we explore how much a graduate degree can be expected to increase salaries. Among all business/commerce completions reported last year, 61% were at the bachelor's level or higher, including 15% at the graduate level.

Most recent completions in business/commerce
0-1 Year Certificate
1-2 Year Certificate
2-4 Year Certificate
Associate's Degree
Bachelor's Degree
Postbaccalaureate Cert
Master's Degree
Post-master's Cert
Professional Deg/Doct
Research Doctorate
Other Doctorate
Context: Graduate degrees in any field by undergraduate ACS degree

The donut shows the degree levels awarded in business/commerce today. Now we'll use American Community Survey (ACS) data and look at all workers in the US who majored in general business when in college.

We know that about 24% general business majors chose to also earn a graduate degree (but we do not know the graduate field of study). The percentage of general business majors also earned a graduate degree is near the middle in comparison to other fields.

24%0%20%40%60%80%100%
Distribution: general business majors' salaries by education level

We saw above that 24% earned a graduate degree after earning a bachelor's in general business, but was this necessary for earning a good salary? We can see this answer in two ways. First, we can see the salary distribution for people with a bachelor's in general business by their highest education attained. Remember, we only know the field for the bachelor's degree; the graduate degree can be in any field.

$61K$84K$76K$82K$0$50K$100K$150K$200KBachelor's DegreeMaster's DegreeResearch DoctorateProfessional Deg/Doct

Note that we do not include salary data when the survey standard error is higher than 20% of the salary. Therefore, some categories may be missing or may only provide partial salary ranges. To provide salary breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, age, and other factors. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of these characteristics on salaries would correct for other factors that could be contributing to salary differences.

Context: Percentage boost obtained with a graduate degree

The second way that we can explore the impact of higher education on salary is to compare median salaries for workers with each level of education. We measure the percentage increase over the bachelor's salary that each higher degree achieved, and contrast that with similar measurements for other fields.

Sure, we think a higher degree would almost always help salary, but are there some majors that "need" a higher degree (in either the same or a new field) more than others in order to reach their earnings potential?

26%35%38%0%50%100%150%Bachelor's to Master'sBachelor's to Research DoctorateBachelor's to Professional Doctorate
Explore Careers
Careers for general business majors
Careers for general business majors

Here we look at ACS survey respondents across the US with a bachelor's degree in general business, and we see their top careers. You can explore the salary distributions for all people in those careers, as well as the typical education help by workers in that job. If you see ** before the job name, that tells you that the Department of Education recommends this job for people with a degree in business/commerce. We did not find always find a strong correlation between that advice and where people were working.

Career
Select any column header to sort by that column, and select any row to explore that career.
Salary
Salary distribution 0-$200,000.
Median
Middle 50%
Middle 80%
Education
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Percentage with degree who are in job
**Managers (specialized areas)
$0$200K$72K
7.4%
Accountants and auditors
$0$200K$60K
4.3%
First-line supervisors of retail sales workers
$0$200K$39K
3.5%
Wholesale and manufacturing sales representatives
$0$200K$61K
3.4%
**Chief executives and legislators
$0$200K$96K
3.3%
Financial managers
$0$200K$68K
2.9%
First-line supervisors of non-retail sales workers
$0$200K$59K
2.4%
**Marketing and sales managers
$0$200K$74K
2.4%
Retail salespersons
$0$200K$31K
2.3%
Elementary and middle school teachers
$0$200K$51K
1.8%
**Management analysts
$0$200K$76K
1.8%
Customer service representatives
$0$200K$32K
1.8%
Real estate brokers and sales agents
$0$200K$50K
1.7%
Human resources workers
$0$200K$54K
1.6%
**General and operations managers
$0$200K$67K
1.6%
Lawyers, judges, and magistrates
$0$200K$93K
1.6%
Secretaries and administrative assistants
$0$200K$36K
1.5%
Service sales representatives
$0$200K$57K
1.5%
First-line supervisors of office and administrative support workers
$0$200K$48K
1.4%
Personal financial advisors
$0$200K$72K
1.4%
Other routes to the top ten careers
Other majors that are hired by the top ten general business careers

Take a minute with this sankey diagram, and use your mouse/touch to explore. You can follow the top ten jobs held by general business graduates, and then, in turn, you can see the largest 10 degrees hired by each of those careers. We hope this gives you a glimpse at where you can most realistically hope to get a job with this degree, but also see alternatives for the same employment options. It's worth noting that for many degrees, the top ten jobs don't account for even half of the graduates. The data warns us / encourages us that a degree is only one piece of the puzzle that determines where we land.

This Degree
Top 10 careers
Top 10 degrees hired
Business Management and AdministrationGeneral BusinessAccountingElectrical EngineeringMechanical EngineeringPsychologyPolitical Science and GovernmentEconomicsMarketingFinanceEnglish Language and LiteratureCommunicationsBiologyGeneral EducationHistoryJournalismComputer ScienceManagers (specializedareas)Accountants and auditorsFirst-line supervisors ofretail sales workersWholesale andmanufacturing salesrepresentativesChief executives andlegislatorsFinancial managersRetail salespersonsFirst-line supervisors ofnon-retail sales workersMarketing and salesmanagersManagement analystsAll others
Jobs that choose general business majors
What careers hire general business majors as one of their top 10?

What jobs are especially seeking you out? The previous section let you explore the top ten jobs for people who earn bachelor's degrees in this field. Now we turn the tables a bit. What jobs have general business as one of the top ten majors they hire? Take this with a grain of salt, though, since some majors have more than 100,000 annual graduates and others have only a few thousand. Maybe employers would hire more of certain low-number majors if they could be found. In the bottom Sankey box, we show you the proportion of general business majors that are accounted for by the top 10 jobs -- there are a myriad of other options for most majors.

Careers where this degree is a top 10 hire
Degrees
Media and communication workers (specialized areas)Personal financial advisorsRecreational therapistsFinancial managersFinancial analystsRecreation and fitness workersPrivate detectives and investigatorsRegistered nursesTechnical writersApplications and systems software developersOperations research analystsCredit analystsFirst-line supervisors of non-retail sales workersCredit counselors and loan officersMathematicians and statisticiansComputer support specialistsBudget analystsPublic Relations SpecialistsFinancial specialistsInformation security analystsAdvertising sales agentsArchitectsAppraisers and assessors of real estateNews analysts, reporters and correspondentsSurveyors, cartographers, and photogrammetristsAccountants and auditorsInsurance sales agentsBiomedical and agricultural engineersDatabase administratorsNurse anesthetistsCompensation and benefits managersBusiness operations specialistsMusicians, singers, and related workersHuman resources managersSecurities, commodities, and financial services sales agentsAdvertising and promotions managersMarket research analysts and marketing specialistsFundraisersCivil engineersTraining and development managersService sales representativesIndustrial production managersAthletes, coaches, umpires, and related workersProducers and directorsMeeting, convention, and event plannersComputer hardware engineersFirst-Line Supervisors of Police and DetectivesElectrical and electronics engineersWholesale and manufacturing sales representativesIndustrial engineersAircraft pilots and flight engineersNurse PractitionersComputer and information systems managersActorsMilitary officer special and tactical operations leadersReal estate brokers and sales agentsManagement analystsMarine engineers and naval architectsTax examiners/collectors and revenue agentsClinical laboratory technologists and techniciansAdministrative services managersChief executives and legislatorsMechanical engineersLogisticiansDesignersNetwork and computer systems administratorsChiropractorsPurchasing managersSales engineersTax preparersHealthcare practitioners and technical occupations (specialized areas)Social and community service managersFinancial examinersSales workersTraining and development specialistsMedical and health services managersConservation scientists and forestersLodging managersCompensation, benefits, and job analysis specialistsComputer network architects Emergency management directorsDetectives and criminal investigatorsMarketing and sales managersInsurance underwritersSpeech-language pathologistsChemists and materials scientistsHuman resources workersTeachers and instructors (specialized areas)Public relations and fundraising managersReligious workers (specialized areas)Entertainment agents and business managersEconomistsUrban and regional plannersProofreaders and copy markersPhotographersComputer occupations (specialized areas)General and operations managersEducation administratorsCompliance officersManagers (specialized areas)Financial clerksProbation officers and correctional treatment specialistsSocial and human service assistantsClaims adjusters and insurance appraisersWeb developersParalegals and legal assistantsCommunity and Social Service SpecialistsComputer systems analystsBrokerage clerksPurchasing agentsClergyEligibility interviewers for government programsComputer programmersDirectors of religious activities and educationActuariesAll other careersGeneral BusinessAll other degrees
Where can I complete this program?
What schools offer this program?
Explore schools that offer business/commerce degrees and certificates

We've created a list of schools that offer this program for the level you select. We've also chosen a few facts about each school that give you an idea of the educational quality each school might offer:

  • Student-Faculty Ratio: A small number of students per full-time instructor suggests individual attention for each student and an up-to-date curriculum.

  • Satisfaction Rate: A high percentage of returning first-year students should correlate with satisfaction (schools call this their retention rate).

  • Repayment Rate: A high repayment rate means most alumni earn enough to make progress repaying loans within 7 years of leaving.

We also show the total enrollment for the school as measured by full-time-equivalent (FTE) students enrolled annually. You can filter the list by award level and by state. Clicking on any table headers will sort the table by that column, and clicking on any row sends you to Ididio's school profile.

Filter Schools
Offering this program at this level
All levels
Only schools in these states
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
Only schools within
200 Miles
of
885 schools offer this program (all levels) in the selected area.
School
State
Total enrollment
Student to Full-time Faculty Ratio
Average Net Price
Repayment Rate
6-year Completion Rate
Aaniiih Nakoda College
MT
142
10.1
$8,311
36%
Adams State University
CO
1,786
25.8
$12,989
53%
37%
Aiken Technical College
SC
1,764
35.3
$4,130
45%
25%
Albright College
PA
2,307
20.9
$24,673
84%
60%
Alderson Broaddus University
WV
978
20.1
$17,794
75%
47%
Alice Lloyd College
KY
523
18.0
$14,075
69%
51%
Allan Hancock College
CA
6,919
37.4
$5,560
40%
21%
Allegany College of Maryland
MD
1,878
18.6
$9,119
58%
33%
Alvernia University
PA
2,074
22.5
$26,895
74%
60%
Alvin Community College
TX
4,170
37.9
$7,485
54%
28%
American Public University System
WV
28,898
92.8
$10,658
57%
19%
American River College
CA
21,656
54.5
$7,329
38%
19%
Anderson University
SC
2,811
21.8
$21,816
72%
54%
Angelina College
TX
3,191
28.7
$8,792
21%
Anne Arundel Community College
MD
8,168
32.4
$14,401
55%
33%
Anoka-Ramsey Community College
MN
5,409
43.3
$11,148
63%
17%
Antelope Valley College
CA
8,999
53.6
$9,761
29%
25%
Argosy University - Atlanta
GA
368
44.8
$20,057
47%
14%
Argosy University - Chicago
IL
142
28.9
$20,645
47%
17%
Argosy University - Dallas
TX
195
145.0
$22,555
47%
6%
Graduate program details
Explore business/commerce graduate program details

Many schools provide information to Peterson's about their graduate programs, and Ididio has licensed that data to share with you. The data is reported by program name and subject, and we have worked to match that data with the standard "CIP" titles that are the basis of these program pages. Please be aware that only a subset of all possible graduate programs share the details about financial support and admissions numbers with Peterson's. To see a complete list of schools who have graduated students with this degree, the previous section is much more reliable; however, this is a great place to look for a hint of schools that may offer financial support. You can see more details about each school's graduate programs in the Programs Offered section within that school's Ididio page.

Filter Schools
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
Program
State
Total applicants
Percentage Admitted
Application Fee
Grad students with aid
Bentley University
PhD Program in Business (Doctor of Philosophy)
MA
88
7%
17
CUNY Graduate School and University Center
Program in Business (Doctor of Philosophy)
NY
177
7%
$125
50
Emory University
Doctoral Program in Business (Doctor of Philosophy)
GA
250
5%
$75
Jacksonville University
Executive Master of Business Administration Program (Master of Business Administration)
FL
43
91%
$50
2
Murray State University
MBA Program (Master of Business Administration)
KY
70
81%
$40
New York University
Program in Integrated Marketing (Master of Science)
NY
1,688
61%
$150
University of Kansas
Program in Business (Doctor of Philosophy, Master of Science)
KS
329
71%
$65
University of Virginia - Main Campus
Master's Program in Commerce (Master of Science in Commerce)
VA
$75
Explore similar programs

Business/Commerce is part of a larger collection of programs: General Business Operations and Management. Is there a different program that's close to Business/Commerce that might be a better match for your interests? You can use this table to see a little about the programs that fall under this umbrella. If you click on any of the table headers, that will sort the table by that column, or click on a row and see Ididio's profile for that program.

Program
Graduates
Award Levels
Less than Bachelor's
Bachelor's
Graduate
Gender
Men
Women
Race/Origin
White
Minority
International
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