What are the top 5 business school degrees based on starting salary?

Business degrees were rising in popularity for the last few decades and are continuing to do so. Business school degrees teach students the skills and knowledge required to coordinate various aspects of an organization's operations. Business schools offer many different opportunities for education as there are many disciplines to study throughout their curriculums. There are a variety of majors available for students due to the diverse nature of a business. Companies require many different employees with different skill sets to operate efficiently. Choosing which major to pursue is a difficult endeavor because there are so many factors to consider. Things like an interest in the subject, curriculum difficulty, and salary potential may be important to the potential student.

For those seeking to attain a high paying career, here are the top five business school degrees based on the average starting salary for the major:

1. Supply Chain Management - This major is a relatively new field which came into existence around the late 1980s. According to the Association for Operations Management, supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." Since this is a relatively new trend, with companies only recently starting to focus on their supply chains, employees skilled in the field are in high demand. The average starting salary for supply chain management degree graduates is $49,400 with an $84,500 median mid-career salary.

2. Finance - This is one of the most popular majors within business schools but despite the large number of finance graduates, the demand outpaces the supply. A finance degree, at its most basic level, teaches students how to manage money. The curriculum presents different ways to do so through bonds, stocks, capital budgeting, hedging, and other methods but they are all just steps that can be taken to manage money. The average starting salary for finance degree graduates is $47,500 with a $91,500 median mid-career salary.

3. Accounting  - Accounting degrees focus on tracking and analyzing company transactions. The field of accounting is concerned with creating the most efficient and helpful methods for reporting and recording the movement of money. Accounting students are typically calculating and exacting in their studies and lives, as attention to detail is a very important skill in the field. The average starting salary for accounting degree graduates is $44,600 with a $77,500 median mid-career salary.

4. International Business - The international business degree is another relatively new degree that reflects the changing global trends in business. With the advent of the Internet, quicker and cheaper transportation methods, and better communicative abilities, companies are expanding internationally with much more ease and speed. The need to understand how to conduct business in environments outside of the United States is now more pressing than ever. The demand and compensation for international business degree graduates reflects this as their average starting salary is $42,600 and the median mid-career salary is $73,700.

5. Marketing - Marketing degree majors are typically different from other business school students. They are generally more creative and design-oriented than finance or accounting majors. This reflects how marketing varies from other business school majors.  According to the Merriam-Webster dictionary, marketing is "the process or technique of promoting, selling, and distributing a product or service." Marketing majors must be creative to think of innovative methods to get the word out regarding their product or service. The average starting salary for marketing degree graduates is $38,600 and the median mid-career salary is $77,300.

Strayer University Business programs:
  • Accounting Concentration (Bachelor's degree)
  • Accounting Concentration (Bachelor's degree)
  • Accounting Emphasis (Post-master's certificate)
  • Accounting Information Systems Concentration (Master's degree)
  • Accounting Information Systems Emphasis (Post-master's certificate)
  • Acquisition and Contract Management Concentration (Bachelor's degree)
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Kaplan University Online Business programs:
  • AAS in Accounting (Associate Degree)
  • AAS in Business Administration (Associate Degree)
  • AASBA - Banking Service (Bachelor's degree)
  • AASBA - Business (Bachelor's degree)
  • AASBA - Customer Service (Bachelor's degree)
  • AASBA - Event Planning (Bachelor's degree)
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  • Accounting (Associate Degree)
  • Accounting (Bachelor's degree)
  • Accounting (Master's degree)
  • Accounting & Finance (Master's degree)
  • Business Administration (Associate Degree)
  • Business Administration (Bachelor's degree)
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  • Apparel and Accessories Marketing Operations (Bachelor's degree)
  • Hospitality Administration/Management, General (Bachelor's degree)
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University of Phoenix Online Business programs:
  • Accounting (Master's degree)
  • Accounting (Associate Degree)
  • Accounting and Business/Management (Master's degree)
  • Accounting and Business/Management (Award of at least 1 but less than 2 academic years)
  • Accounting and Business/Management (Bachelor's degree)
  • Accounting and Business/Management (Postbaccalaureate certificate)
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Walden University Business programs:
  • Accounting and Business/Management (Doctor's degree)
  • Accounting and Business/Management (Master's degree)
  • Business Administration and Management, General (Bachelor's degree)
  • Business Administration and Management, General (Doctor's degree)
  • Business Administration and Management, General (Master's degree)
  • E-Commerce/Electronic Commerce (Master's degree)
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Capella University Business programs:
  • Accounting (Bachelor's degree)
  • Accounting (Master's degree)
  • Business Administration and Management, General (Bachelor's degree)
  • Business Administration and Management, General (Postbaccalaureate certificate)
  • Business Administration and Management, General (Award of at least 1 but less than 2 academic years)
  • Business Administration and Management, General (Doctor's degree)
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  • Accounting (Bachelor's degree)
  • Accounting (Associate Degree)
  • Accounting and Business/Management (Master's degree)
  • Accounting and Finance (Bachelor's degree)
  • Accounting and Finance (Master's degree)
  • Business Administration and Management, General (Associate Degree)
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  • Fashion Merchandising (Bachelor's degree)
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  • Business Administration and Management, General (Associate Degree)
  • Business Administration and Management, General (Doctor's degree)
  • Business Administration and Management, General (Bachelor's degree)
  • Business Administration and Management, General (Master's degree)
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Beckfield College - Online Business programs:
  • Business Administration (Associate Degree)
  • Business Administration (Bachelor's degree)
  • Hospitality Administration (Associate Degree)
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Empowered UCLA Extension Business programs:
  • Financial Planning (Postbaccalaureate certificate)
  • Human Resources Administration (Postbaccalaureate certificate)
  • IT Management (Postbaccalaureate certificate)
  • Marketing and New Media Fundamentals (Postbaccalaureate certificate)
  • Nonprofit Management (Postbaccalaureate certificate)
  • Project Management (Postbaccalaureate certificate)
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Villanova University Online Business programs:
  • Business Analysis (Postbaccalaureate certificate)
  • Business Intelligence (Postbaccalaureate certificate)
  • Contract Management (Postbaccalaureate certificate)
  • Human Resource Management (Postbaccalaureate certificate)
  • IS Security (Postbaccalaureate certificate)
  • IT Service Management (Postbaccalaureate certificate)
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  • Business Administration and Management, General (Associate Degree)
  • Business Administration and Management, General (Award of at least 1 but less than 2 academic years)
  • Construction Management (Associate Degree)
  • Human Resources Management/Personnel Administration, General (Award of at least 1 but less than 2 academic years)
  • Human Resources Management/Personnel Administration, General (Associate Degree)
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