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Interested in studying business administration?

Below you'll find a plethora of information on business administration!
Take your time, read everything and see if it's right for you!


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How will your MBA education stack up?

Here is some information to help you compare your MBA education with MBA education around the nation. The US has 2,736 brick and mortar MBA schools.

Top Schools

The top institutions in the US in 2010 that had MBA programs were:

  1. Harvard University - located in Cambridge, Massachusetts
  2. Yale University - located in New Haven, Connecticut
  3. Stanford University - located in Stanford, California

Student Demographics

In the US, 265,715 students graduated from MBA programs in 2010. Of these students, 8,092 graduated from certificate programs in business administration, 162,780 graduated from undergraduate programs in business administration, and 94,843 graduated from graduate-level programs in business administration.

Academics

Students can pursue education in business administration at the following levels:

  • Associate's Degree in Business Administration
  • Bachelor's Degree in Business Administration
  • Master's Degree in Business Administration
  • Doctoral Degree in Business Administration
  • Certificate in Business Administration

Mba students can hope to gain the following skills and/or knowledge as they pursue their MBA degree:

  • Critical Thinking
  • Finance
  • Marketing
  • Written and Verbal Communication
  • Administration and Management

Cost

In 2010, MBA schools around the nation charged an average tuition of $24,678 per year. The MBA schools charging the highest tuition were:

  1. Columbia University in the City of New York - located in New York, New York, students paid $41,316
  2. George Washington University - located in Washington, Washington DC, students paid $41,655
  3. Carnegie Mellon University - located in Pittsburgh, Pennsylvania, students paid $40,920

The MBA schools charging the lowest tuition were:

  1. University of Central Florida - located in Orlando, Florida, students paid $4,526
  2. North Carolina State University at Raleigh - located in Raleigh, North Carolina, students paid $5,475
  3. University of North Carolina at Chapel Hill - located in Chapel Hill, North Carolina, students paid $5,625

How will your MBA job compare?

General manager is the profession of choice for a large number of MBA graduates. According to the government, in 2010 the US had 1,708,080 general managers. The largest numbers of general managers work in the following states:

  1. California - 226,480 General Managers
  2. Texas - 155,180 General Managers
  3. New York - 97,640 General Managers

Projected Growth

The following states are projected to have the fastest growth for general managers over the next few years:

  1. Nevada - 11%
  2. Oregon - 8%
  3. Utah - 8%

Salary

A general manager in the US earns $105,025 per year on average. However, factors such as your previous performance reviews, shift differentials, or your boss can cause the salary for a general manager to vary greatly. Approximately 10 percent of general managers earn less than $19,420 per year, while another 10 percent earn more than $166,130 per year. On average, a general manager earns the most in the following states:

  1. New Jersey - $162,420 per year
  2. Connecticut - $139,080 per year
  3. New York - $137,660 per year

The following states have the lowest average salaries for general managers:

  1. West Virginia - $78,500 per year
  2. Idaho - $79,990 per year
  3. Montana - $80,850 per year

 
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So what kind of job can you get after studying
business administration?

Below you'll find various popular careers! Compare professions and see which one you find interesting!

Rank Profession Employment Number Avg Salary Job Growth (Past 5 Yrs)
1
General and Operations Managers 1,708,080 $113,100 2.7%
2
Chief Executives 273,500 $173,350 -14.9%