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Business Majors: Salary and Career Facts

Find out about the types of jobs you could pursue with a degree in business. Read on to learn more about career options along with degree programs and salary information.

What Does a Business Major Do?

A lot of business majors are looking to become accountants or work in management in a small corporation. Many will work in specialty areas like finance, construction, administration, computers or health. With a bachelor's or master's degree in business there are a lot of doors that will open in industry, international business, Wall Street, even the state and federal government has need for business majors.

Business majors can choose to go into a wide variety of business-related careers after graduation. See the table below to learn more about possible careers and salary information.

General & Operations Manager Labor Relations Specialist
Education Required Bachelor's or master's degree Bachelor's degree
Education Field of Study Business, business administration or public administration Human resources or business
Training Required May require years of experience and managerial training N/A
Key Skills Communication, leadership, management and problem-solving skills Interpersonal, listening, speaking and decision-making skills
Job Growth (2018-2028) 7%* -8%*
Median Salary (2018) $100,930* $67,790*

Source: U.S. Bureau of Labor Statistics.

What Do Business Majors Consist Of?

A business major refers to a 4-year bachelor's degree program. This is a widely available major, which might lead to a Bachelor of Science (B.S.) or Bachelor of Arts (B.A.) in Business or Business Administration. Bachelor's degrees in global business are also available. To complete a business major, you can expect to complete 120-180 credit hours. Programs are available on campus and online. You can expect to complete courses in accounting, marketing, communications and management.

What Careers Can I Get?

As a graduate of a bachelor's degree in business, you may find positions in marketing, human resources or manufacturing, as an office manager, labor relations specialist or operations manager. A bachelor's degree in business also prepares you for graduate study in this field, which might include a Master of Business Administration (MBA) program.

An operations manager is responsible for personnel management and policy creation, as well as planning and managing business operations on a daily basis. A labor relations specialist is responsible for reviewing compensation, labor needs and contracts, as well as assessing union members' skills.

How Much Can I Earn?

According to the U.S. Bureau of Labor Statistics (BLS), in 2018, general and operations managers earned a median annual wage of $100,930 (www.bls.gov). Labor relations specialists earned a median annual salary of $67,790 that same year.

What Are Some Related Alternative Careers?

Business majors in related careers may cover a lot of industries and fields. There are accounting positions, operations or production managers, plant and facilities managers, even health services administrators that require a bachelor's degree. Those who hold less than a master's can work professionally as buyers, cost estimators, or find a career in real estate. Other bachelor's degree fields could include health care as a head of certain departments or in finance and collections. All of these positions will require that degree as well as special training or additional education in those specialties.