Thinking about pursuing one of the best business administration master’s degrees? You’ve come to the right place. This guide has all the information you need about business administration master’s degree programs, jobs, and average salaries. Show
Business administration professionals are a vital part of any company’s workforce. Their skills in project management and business analytics help businesses operate efficiently. A Master’s Degree in Business Administration is a great way to advance your career in this field. We’ve compiled a list of the best Master’s Degrees in Business Administration to help you get started. What Is Business Administration?Business administration is the organizing of personnel and resources to accomplish business objectives. It includes the management of human resources, operations, finances, and marketing processes. From healthcare management to sports management, business administrators are hired for their managerial skills and can work across a variety of industries. Find Your Bootcamp Match
Select your interest By continuing you agree to our Terms of Service and Privacy Policy , and you consent to receive offers and opportunities from Career Karma by telephone, text message, and email. Where Can I Get a Master’s Degree in Business Administration?The best colleges where you can get a Master’s Degree in Business Administration are located all over the country. Many of these schools even offer online programs which can be completed from anywhere in the world. The best colleges will typically offer options for prospective students to enroll in both full-time and part-time programs. What Schools Offer the Best Business Administration Master’s Degrees?
What Are the Admission Requirements for a Master’s Degree in Business Administration?The admission requirements for a Master’s Degree in Business Administration include having an undergraduate degree in business or a related field, such as financial accounting or marketing management. The cumulative GPA of this undergraduate degree will play a role in your admission decision, and it typically needs to be 3.0 or higher. Most schools also require letters of recommendation and a personal statement before making an admission decision. You will likely also need to provide your current academic and professional resume. The application process differs between educational institutions, so be sure to work closely with an admissions counselor if you have any questions, especially as you await your admission decision. Business Administration Master’s Degree Admission Requirements
How to Get a Master’s Degree in Business AdministrationYou can get a business administration master’s degree by first earning an undergraduate degree in business or a similar field. For cost-effectiveness, we suggest looking into public schools, though private institutions work just as well. Once you enroll in an in-person or online master’s program, you’ll have to complete all of the core courses with good grades. The best way to get a business administration master’s degree is to study hard and learn as much as possible about the business world, even outside of class. Whether you enroll in onsite or online courses, you will have to maintain a certain GPA to graduate. Taking time to study business outside of class gives you a competitive advantage in your program. How Many Credits Do You Need for a Master’s Degree in Business Administration?You need 50 to 60 credits for a Master’s Degree in Business Administration. These credits are earned through a combination of core courses and elective courses. These credits and courses are essential for learning business and management skills. Business Administration Degree Requirements
Best Business Administration Master’s Degree Programs and Schools: Overview
Best Schools for Business Administration: Top Business Administration Master’s Degree ProgramsThe best schools for business administration master’s degrees are located all over the country and even online. In fact, some of the best business administration master’s programs are available online. Whatever your preferred learning style is, there is a program on this list for you. Below, we dive into the top business administration master’s degree programs, what they entail, how to get in, and how much tuition costs.
One of the most innovative public schools in the country, likely due to its variety of online programs and learning styles, is Arizona State University . This university is based in Tempe, Arizona, and is well-known for its unique approach to online learning. Master of Business AdministrationAt this public school, you will complete online courses for your degree. In fact, this full-time or part-time MBA program is offered completely online. Course topics include ethics for managers, human resource management, and financial management for businesses. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Arizona State University
Based in Ithaca, New York is Cornell University , a private Ivy League university. It is a research university committed to providing outstanding education to both undergraduate and graduate students, though its focus is on professional students. Master of Business AdministrationThere are two tracks offered in the MBA program at Cornell University. The two-year MBA program is designed for candidates hoping to transition into management roles or change industries. It gives students the chance to participate in student organizations and develop their leadership skills. The one-year program is an accelerated version of the MBA. Students must already have an advanced degree or certification, or they must apply as part of a dual-degree program, in order to qualify for this intensive track. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Cornell University
Dartmouth College was founded in Hanover, New Hampshire in 1769. It is an esteemed Ivy League university, one of the most prestigious schools in the country. It is made up of many schools, including the Tuck School of Business, where you can complete this university’s MBA. Master of Business AdministrationThis program at Dartmouth includes team-based projects, experiential learning opportunities, and global learning opportunities. Research-to-Practice Seminars allow students to develop their creativity and leadership skills. In addition to instruction and peer coaching, students receive feedback from coworkers and fellow students. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Dartmouth College
Founded in 1891 in Philadelphia, Pennsylvania, Drexel University is a private research university. It currently operates from three different campuses around Pennsylvania, and also offers completely online programs. Master of Business AdministrationIn Drexel University’s Master of Business Administration program, students are taught the ins and outs of the business world. The curriculum is focused on teaching a broad range of business concepts. Students learn via experiential learning and career coaching opportunities. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Drexel University
Duke University is located in Durham, North Carolina and is well-known for offering prestigious online and in-person degree programs. It currently enrolls over 16,500 students per year from various states and countries. Master of Business Administration, Global ExecutiveThis 21-month program brings together working professionals from around the world. It offers residency opportunities in Asia, Latin America, Europe, and North America, giving students the chance to learn about how culture and institutions influence business in different regions and build a global network. Master of Business Administration, Global Executive Overview
Master of Business Administration, Global Executive Admission Requirements
Applying to Duke University
Emory University is a Methodist university founded in 1836 in Atlanta, Georgia. It is now well-known for its exemplary business school, the Goizueta Business School, which has regularly ranked among the top schools in the United States for business-related degrees. Master of Business AdministrationThis degree is granted by the Goizueta Business School. This program has a strong focus on leadership and offers a Certificate of Advanced Leadership that requires you to complete a capstone project. There are options to complete the program on a full-time or part-time schedule. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Emory University
New York University , more commonly known as NYU, is a private university in New York City, New York. It is known as one of the best universities in the country, offering fantastic education in tech and business. This university is made up of 19 colleges and schools. Master of Business AdministrationNew York University's Stern School of Business has consistently been ranked as one of the country’s top business schools. Depending on your availability, you can choose from a full-time MBA program, an executive MBA program, and a part-time MBA program. MBA programs that follow part-time formats cater to students who need to work while completing their degrees. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to New York University
Located in Evanston, Illinois is Northwestern University . This is a private university made up of 12 different colleges and schools. Over 20,000 students enroll in both undergraduate and graduate degree programs here every year. Master of Business AdministrationNorthwestern University offers several tracks for you to obtain your MBA through the Kellogg School of Business. These include a one-year track, a traditional two-year MBA, a combined track where you obtain both an MBA and a Master of Science in Design Innovation, a combined track in conjunction with the School of Engineering, and a JD-MBA that combines an MBA with a law degree. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Northwestern University
The Ohio State University , based in Columbus, Ohio, is made up of six different campuses. Thousands of students enroll in this school’s variety of programs each year, with many international students joining the fully online degree options. Master of Business AdministrationThe Fisher College of Business offers a full-time MBA program as well as a part-time MBA program, an Executive MBA, and a PhD program. The curriculum focuses on hands-on experiences and a multifaceted approach to business solutions. The curriculum is also flexible and allows students to personalize their schedules with elective courses. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Ohio State University
Oregon State University is based in Corvallis, Oregon, but has campuses and learning centers in a few cities across Oregon. It proudly serves over 34,000 students each year, who come from all 50 states and over 100 different countries to enroll in this school’s degree programs. Master of Business AdministrationOregon State University’s Master of Business Administration program offers two tracks, full-time and part-time. The full-time track can be completed in as little as nine months, while the full-time track takes closer to two years. Both can be completed totally online or as hybrid in-person programs. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Oregon State University
Penn State World Campus is based in University Park, Pennsylvania. Penn State has been a leader in distance education for over 100 years, and opened its World Campus in 1998 to begin offering more programs. It now offers 175 completely online degree programs. Master of Business AdministrationThis MBA program offered by Penn State’s World Campus is completely online, offering working professionals an easier way to get their education. Even the program’s mandatory residency can be completed virtually. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Penn State World Campus
Rice University is a private research university founded in 1912 and located in Houston, Texas. While this university’s focus is on undergraduate degrees, it also focuses on business degrees, making it a great place to earn a Master of Business Administration. Master of Business AdministrationRice University’s MBA is an ideal program for individuals interested in the energy industry because of its proximity to Houston. In addition to corporate real estate and risk management courses, there are a variety of electives students can take. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Rice University
In Manchester, New Hampshire is Southern New Hampshire University , a well-known private university offering online degree programs. It is a leader in online education, currently offering 200 different career-centered educational programs totally online. Master of Business AdministrationSouthern New Hampshire University offers this Master of Business Administration degree completely online. It takes 36 credits to finish and can be completed in as little as one year. You will learn in a career-centered environment, meaning all faculty have experience working in the field and the curriculum will focus on popular and modern business practices. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to Southern New Hampshire University
The University of Chicago is a private research university located in Chicago, Illinois. It was founded in 1890 and has grown significantly since. Today, it enrolls nearly 20,000 students in its wide variety of degree programs each year. Master of Business AdministrationThis MBA by the University of Chicago offers skill assessments, individualized coaching, the chance to personalize your curriculum, and opportunities to gain practical experience. Students learn to make decisions with the frameworks provided and learn a multidisciplinary approach to problem-solving. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to University of Chicago
The University of Virginia is in Charlottesville, Virginia and was founded by Thomas Jefferson in 1819. It is both the flagship university of Virginia and the location of a UNESCO World Heritage site. It enrolls over 2,000 students each year. Master of Business AdministrationThe Darden School of Business at the University of Virginia offers students in the final year of their undergraduate degree a chance to apply to this full-time MBA. Students enjoy an educational experience based on consulting projects and live-action case studies, which help them develop critical thinking skills. Master of Business Administration Overview
Master of Business Administration Admission Requirements
Applying to University of Virginia
What Is a Business Administration Master’s Degree?A Master’s Degree in Business Administration, or MBA, is a two-year graduate degree offered at most colleges. This degree gives students a theoretical and practical understanding of business management and investment. An MBA program can have a general focus or a specific focus in areas such as accounting, finance, marketing, and project management. This degree allows you to access better job opportunities and can increase your earning potential. How Important Is a Master’s Degree in Business Administration?It is very important to have a Master’s Degree in Business Administration because it provides the education and professional experience necessary for most business leadership positions. For career paths in human resource management, supply chain management, or even healthcare management, this degree is essential. Having an MBA also prepares you for working in a business environment. Even if your desired job position does not require a graduate degree, earning one will impress both business leaders and employers, as well as open the door to many jobs in the business industry. What Types of Master’s Degree Can You Get in Business Administration?You can get the following types of master’s degrees for business administration:
Is It Better to Get a Master of Business Administration or Master in Management in Business Administration?It is better to get a Master of Business Administration (MBA) because it is a bit more versatile than other master’s degrees for business administration. An MBA offers more job opportunities in various fields. You can even specialize in multiple areas, such as human resource management, supply chain management, or healthcare management. The difference between a Master of Business Administration and a Master in Management is the type of skills learned. A Master in Management, or MiM, focuses on training and education specifically for those seeking out managerial roles. An MBA, on the other hand, teaches a more thorough and versatile range of skills for those seeking out leadership and higher-ranking positions in the business field. What Is the Difference Between a Business Administration Master’s Degree and a Business Administration Certificate?The main difference between a business administration master’s degree and a certificate in business administration is how long each takes to earn. Where an MBA will take roughly two to three years to complete, a certificate in business administration can be completed in just a few weeks or months. You should get a business administration master’s degree instead of a certificate because it will greatly improve your employability. Business leaders in fields like supply chain management and healthcare management expect candidates to hold graduate degrees. Having one instead of, or even alongside, a certificate gives you a competitive advantage when job hunting. How Much Does It Cost to Get a Master’s Degree in Business Administration?A business administration master’s degree costs an average of $19,314 in tuition and fees , according to the National Center for Education Statistics. Private schools charge an average of $25,929. Tuition rates will vary depending on the school, location, and type of program. Postgraduate business administration programs can be quite expensive, but colleges and universities usually provide students with a variety of funding options. These include grants, scholarships, loans, teaching positions, and financial aid. Make sure to reach out to your school of choice to find out about the different financing options they offer. How Long Does It Take to Get a Business Administration Master’s Degree?It takes two years to get a Master’s Degree in Business Administration. The time it takes to complete varies by school, program, and your personal study choices. Some can finish an MBA in as little as one year, while others take three years or more. Master’s programs are typically completed in two years of full-time study. It is possible to finish the program sooner by taking more courses and credit hours, but this depends on your specific program and school. How Hard Is It to Get a Master’s Degree in Business Administration?A Master’s Degree in Business Administration is typically not very hard to get. Most of the required courses revolve around business practices and ethics, and do not tend to include challenging technical content. However, if you choose a specialization in healthcare management, the degree becomes a bit more challenging because you have to learn healthcare practices and terminology as well. Why Should You Get a Business Administration Master’s Degree?The benefits of getting a master’s degree in business administration are:
What Courses Do You Need to Take in a Master’s Degree Program in Business Administration?The required courses for a business administration master’s degree tend to remain mostly the same from program to program. While you may see some variation, especially in concentrations and specializations, we can almost guarantee you will encounter these five courses. Business EthicsA very common mid-level business administration course for a master’s degree is Business Ethics. This course covers common business policies, practices, and strategies, and how and why they are considered ethical or unethical. The goal is to teach students how to run a business as ethically as they can. Ethical Decision-MakingIn Ethical Decision-Making, an important course for a business administration master’s degree, students take their knowledge of business ethics and apply it to making decisions. This covers every type of decision that someone in the field may be faced with, and how to determine what the most ethical choice is. Corporate FinanceCorporate Finance is another business administration master’s degree program course. In this course, students look at financial practices and how to apply them to a corporate setting. Courses like this often build off of or lead to topics covered in microeconomics and macroeconomics. Operations, Information, and DecisionsAnother important course required for a business administration master’s degree is Operations, Information, and Decisions. This class focuses on the operation chain, how to best collect information and data about an organization, and how to use this new information to make informed decisions about business practices. Financial PlanningThe last class in a business administration master’s degree that you are likely to take is Financial Planning. This course is self-explanatory, and essentially teaches students how to plan and manage a business’s finances. Continuing Education Paths for Business Administration Master’s Degree GraduatesThe best path to take with a business administration master’s degree is directly into the workforce. Most business leaders only have MBAs, and many only hold undergraduate degrees. This means that after earning your MBA, you will be qualified to work in business. Gaining experience is important in this field, and should come before pursuing a doctorate. Best Online Animation Associate Degree Programs, Jobs, and Salaries If you are intrigued by animation and looking for the best online animation associate degrees, look no further. This article will dive into the best ... Read more Best Online Information Technology Associate Degree Programs, Jobs, and Salaries Information technology (IT) is one of the fastest-growing industries in the world today. Searching for the best online information technology associate degrees can help you ... Read more Best Online Digital Marketing Associate Degree Programs, Jobs, and Salaries In today’s world, an online Associate Degree in Digital Marketing is one of your best tickets to a fulfilling career in marketing. Marketing is a ... Read more What to Look For in the Best Business Administration Master’s Degree ProgramsThe best business administration master’s degree programs have accreditation, good faculty, and multiple program options. When you are trying to decide which program to choose, keep the following five points in mind. AccreditationAccreditation is a credential that schools can be given by certain agencies. It signifies that the school and its programs meet predetermined criteria set forth by these agencies. This is important to look for because it ensures the education you receive meets or exceeds the national expectations. CostCost is not always just tuition. It also includes various fees, textbooks and materials, and housing. It is important to take into account the entire cost of a program before deciding if it’s the one for you. Determine if you will have to move out of town or state, what housing is like where you would live, and then work with an advisor to determine any other potential costs. Faculty CredentialsFaculty credentials are proof of a faculty member’s expertise and experience in the subject they teach. We recommend finding a program with good faculty credentials, as it ensures that the education you receive is relevant to the actual industry. Accelerated OptionsAccelerated options allow you to adopt a different schedule than the typical program schedule in order to graduate faster. Many accelerated programs allow you to complete what is usually a two-to-three-year degree in as little as one year. This is great for working professionals hoping to quickly advance their careers. Career ServicesCareer services are an awesome aspect of many university programs that assist graduates in finding a job after college. These are especially useful for MBA grads, as many schools often partner with big companies such as Google, and can help graduates make it onto the payroll of these esteemed businesses. What Is the Most Affordable Business Administration Master’s Degree?The most affordable Master’s Degrees in Business Administration are:
Salary and Job Outlook for Business Administration Master’s Degree GraduatesCore courses in a master’s degree program will prepare you to thrive in any business environment.Now that you know all about different MBA programs, you’re probably wondering about the business administration jobs you can get with a master’s degree. In this section of our guide, we dive into business administration master’s degree jobs, important information about the best jobs, and the average Master’s in Business Administration salary. How Hard Is It to Get a Job With a Business Administration Master’s Degree?It can be difficult to get a job with a business administration master’s degree, but only because the market is so saturated. An MBA is one of the most popular graduate degrees to earn, so there will be a lot of competition for most jobs. However, adding a concentration or specialization to your degree can make getting a job much easier. What’s the Average Business Administration Master’s Degree Salary?The average salary for someone with a Master’s Degree in Business Administration is $85,000 per year, according to PayScale. Your master’s degree will equip you with the practical skills needed to succeed in a variety of industries. An MBA will greatly improve your management skills and equip you with a broad range of analytical skills. What Types of Jobs Can You Get With a Business Administration Master’s Degree?The jobs you can get with a business administration master’s degree are in high demand and in a variety of industries. These jobs tend to pay very well too, often earning graduates six-figure salaries. Business Administration Degree Jobs
Potential Careers With a Business Administration DegreeBest Online Animation Associate Degree Programs, Jobs, and Salaries If you are intrigued by animation and looking for the best online animation associate degrees, look no further. This article will dive into the best ... Read more Best Online Information Technology Associate Degree Programs, Jobs, and Salaries Information technology (IT) is one of the fastest-growing industries in the world today. Searching for the best online information technology associate degrees can help you ... Read more Best Online Digital Marketing Associate Degree Programs, Jobs, and Salaries In today’s world, an online Associate Degree in Digital Marketing is one of your best tickets to a fulfilling career in marketing. Marketing is a ... Read more How Much Money Can You Make With a Master’s Degree in Business Administration?You can make between $70,000 and $135,000 with a Master’s Degree in Business Administration. The exact amount of money you make is dependent on a few things, including job title, experience, and location. If you want to maximize your salary upon graduating, you can apply for job titles that pay more on average. You can also opt for as many internships and jobs related to your degree while studying, and even consider moving to one of the highest-paying states for that job. Highest-Paying Business Administration Master’s Degree Jobs and Salaries: Overview
Best Jobs for Business Administration Master’s Degree GradsThe best jobs for business administration master’s degree grads are high-paying and in high demand. The following list of jobs breaks down the top ten jobs for a Master’s in Business Administration holder, including the average salaries, job outlooks, number of jobs, and best states.
Financial managers monitor the health of an organization's finances. They analyze data and offer advice on profit maximization to senior managers. Their responsibilities include creating financial reports, conducting investment activities, and developing long-term plans for an organization's finances.
Senior product managers oversee the entire flow of a product from the conceptual stage to production, as well as anticipate customer and market needs to maximize production efficiency. According to common practice, senior product managers must ensure that best practices are followed, goals are met, and projects and related operations are appropriately conducted.
Sales managers oversee sales activities and sales representatives on a day-to-day basis. In order to meet or exceed established sales goals, they implement the company's sales programs and sales activities.
Marketing managers are responsible for building awareness about a brand, product, or service. Marketing managers aim to attract more customers to buy from the business and to raise brand awareness by running marketing campaigns. Nearly every industry has a product or service it wants to sell, which makes marketing managers essential.
Business development directors are responsible for boosting the overall efficiency and development of a company. Directors of business development typically report directly to the owner of a company, the board of directors, or shareholders.
Medical and health services managers plan, direct, and coordinate the delivery of medical and health services. These healthcare executives may manage a large healthcare facility, medical practice for a group of physicians, or a specific clinical area.
Investment bankers are highly qualified professionals at a financial institution who examine a company's financial health, its capital requirements, and its goals. Based on the analysis, an investment banker proposes a course of action to realize these goals. Investors and the organization trying to raise funds can use an investment banker as a middleman.
Management consultants help companies who are either at a critical junction of their development or facing significant obstacles. These organizations may be experiencing problems and desire an outsider's perspective. Management consultants are in the business of assessing situations and providing solutions. They can be employed by a firm or work independently.
In addition to overseeing data storage infrastructure, IT managers establish access protocols and rules within a company. IT managers may be asked to oversee the timely operation and security of a company's website. As a general rule, IT managers’ jobs include overseeing how the company's employees access data, use it, and communicate with one another via the internal computer network.
Business operations managers help an organization run smoothly by aligning teams, setting goals, executing initiatives, and improving processes. Employing people, negotiating contracts, dealing with budgets, understanding the general operation of the company, and guiding teams of workers are all part of their responsibilities.
*Based on Bureau of Labor Statistics data on Marketing Managers Best Jobs According to Your MajorWhat Can You Do with a Communications Degree? Effective communication skills are fundamental whether you are a business reporter, video editor, or career advisor. A communications major will allow you to work in ... Read more What Can You Do with an Engineering Technology Degree? Engineering technology programs teach people how to apply engineering techniques to solve real-world problems. It is a generalized area, so engineering technology majors can pursue ... Read more What Can You Do with a Kinesiology Degree? Kinesiology is the study of the movement and muscle function of the human body. Kinesiologists apply biomechanics, psychology, and other sciences to identify how your ... Read more Is a Master’s Degree in Business Administration Worth It?Yes, a Master’s Degree in Business Administration is worth it if you want to work in the business sector and earn a high salary. The most important benefits of an MBA are job security and a high salary. The average income for MBA graduates is significantly more than the average for a regular master’s degree holder. An MBA from a reputable business school can help people break into certain highly competitive industries like Silicon Valley tech companies and Wall Street banks. Additional Reading About Business AdministrationBusiness Administration Certificates Here are the best business administration certificates that can help you stand out from the competition and succeed. Read more Business Administration Master's Degrees This article covers the best on-campus and online master's degree programs in business administration, and more. Read more Business Administration Certificates Here are the best business administration certificates that can help you stand out from the competition and succeed. Read more Business Administration Master’s Degree FAQWhat does a Master’s Degree in Business Administration teach you? A Master’s Degree in Business Administration teaches graduates a deeper understanding of business management functions. There are two types of MBA degrees, those with a general focus and those with a more specific focus. Specific areas of focus include accounting, finance, business strategy, and marketing. How long does it take to complete a Master’s Degree in Business Administration? It takes at least two years to complete a Master’s Degree in Business Administration, and a part-time program can take closer to three years. However, some schools offer fast tracks, which means you can complete your MBA in as little as one year. What are the most common specializations available with a Master’s Degree in Business Administration? The most common specializations available with a Master’s Degree in Business Administration include finance, supply chain management, international business, data analysis, entrepreneurship, and marketing. Can you start your master’s before you finish your bachelor’s? No, you usually cannot start your master’s before you finish your bachelor’s. A bachelor’s degree is generally the first step toward a master’s degree. However, students can earn credit towards a relevant master’s degree alongside their current bachelor’s degree with dual credit programs from certain schools. How many years is a master in business administration?A full-time MBA program usually takes 1 to 2 years to complete. From online to on-campus and full-time to part-time, you can choose from a variety of programs based on your needs.
Is an MBA harder than a masters?The difficulty of each program also depends on the student's background. Because an MBA focuses on career development, a professional with 5-10 years of business experience may find an MBA easier than a traditional master's.
Is it worth it to get an MBA?According to a 2022 survey of corporate recruiters, the Graduate Management Admissions Council (GMAC) projected that MBA graduates working at US companies would earn a median annual salary of $115,000 in 2022. Non-MBA degree holders were projected to earn much less: $75,000 for bachelor's degree holders [1].
Is an MBA better than a Master's degree?Both a Master of Business Administration (MBA) and a Master of Science (MS) degree can offer a comprehensive graduate-level business education, however an MBA will provide an interdepartmental look at how businesses run, while an MS will provide a nuanced understanding of one particular area of business.
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