Best Business Degrees

Earning a business degree can lead to new career opportunities. Here, we list the top programs available.

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The best business degrees deliver foundational and specialized knowledge. Business degree-seekers gain the skills necessary to lead teams of diverse professionals. According to the Bureau of Labor Statistics (BLS), business professionals earn a median salary of $72,250 per year.

Most business programs feature coursework in marketing, accounting, and management. Curricula may also cover supply chain operations. Professionals with a business degree often work as entrepreneurs, chief executive officers, and team directors.

Students can earn an associate in business in two years. Advanced business degrees, such as an MBA, take about six years to earn. This guide explores types of business degrees and corresponding careers.

Questions About Business Degrees

Q. What is the difference between an MBA and a master's?

MBA programs cover many business areas. Other master's degrees focus on one business-related subfield.

Q. Is a business degree a bachelor of arts or a bachelor of science?

Many schools offer both a BA and a BS in business. BA in business programs focus on theory and generally include electives. A BS in the field emphasizes practice.

Q. What business majors have the highest salaries?

Some of the highest-paid business degree-holders work in finance. According to the BLS, personal financial advisors earn a median annual salary of $89,330.

Q. What is the most common business degree?

In addition to the MBA, popular business degrees include master's degrees in marketing, accounting, management, and economics.

Featured Online MBA Programs

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Why Get a Business Degree?

A business degree can prepare learners for lucrative and rewarding careers. Graduates often help businesses achieve strong profits.

Students in the broad business field can choose a niche that matches their interests. For example, learners who enjoy math and investing can study finance. Creative students can pursue careers as art directors with marketing firms.

Career Outlook for Business Majors

The BLS projects employment for business and finance professionals to increase 8% from 2020-2030. This projection translates to about 750,800 new jobs.

Certain business subfields feature stronger job growth projections. The BLS projects employment for financial examiners to increase 18% during the same time. These professionals earn a median salary of $81,430 per year.

Business Degree Options

Depending on their career goals, students may enter the workforce after earning an undergrad business degree. Others pursue a graduate degree in the field. The following section highlights the differences between various business degrees.

Types of Business Majors

Large and midsize businesses hire business professionals with unique skill sets. The following list highlights marketable majors for learners in the business field.

How to Select a Concentration

Many business programs offer concentrations or minors. Learners attending programs without these options may pursue a second major in a business subfield. This section provides guidance on selecting a concentration based on career goals.

Conduct an honest audit of your strengths and weaknesses. Consider asking a trusted source for constructive help. Choose a concentration that emphasizes your strengths while encouraging you to improve your weaknesses.

Consider your interests when choosing a concentration. For example, learners interested in copywriting and design could specialize in marketing. Students who have a passion for their subject often enjoy their studies and future careers.

Explore current job postings and information from the BLS. Focus on positions that match your skill set and interests. Then, select a relevant concentration. An academic advisor can help with this decision.

The BLS lists job growth projections for specific careers. Choosing a concentration that correlates with a fast-growing career may increase job prospects after graduation.

Other Areas of Study in Business


Actuarial Science

Business Law



Human Resources

International Business


Management Information Systems

Real Estate

Supply Chain

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