University of Maryland, Baltimore
- 620 West Lexington St Baltimore, MD 21201-1627
- (410) 706-3100
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- Programs offered: 9
Source:IPEDSCollege Scorecard
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Key takeaway: Business administration earnings rise sharply with degree level. College Scorecard data shows master's graduates report median earnings of $70,102 one year after completion and $92,484 by five years out, while bachelor's graduates report $47,542 at one year and $64,692 at five years (College Scorecard, 2026). Pay also varies widely by job title, from administrative supervisors to financial managers, as the wage table below shows.
A business administration degree is one of the most flexible credentials in the workforce, and that flexibility shows up in the salary data. Because graduates move into management, finance, operations, human resources, and consulting roles across nearly every industry, there is no single “business administration salary.” What you earn depends on the degree level you complete, the occupation you enter, how much experience you bring, where you work, and which professional certifications you hold.
This guide pulls together two authoritative sources to give you a grounded picture. The U.S. Department of Education College Scorecard tracks the actual median earnings of program completers at 1, 4, and 5 years after graduation, broken out by credential level. The U.S. Bureau of Labor Statistics (BLS) publishes median annual wages and job-growth projections for the specific occupations business graduates fill. Use both: Scorecard tells you what graduates of a given degree level earn; BLS tells you what a given job title pays once you are in the field.
For the bigger-picture decision of whether the investment pays off, pair this guide with Is a Business Administration Degree Worth It? and the Business Administration Program Guide.
It depends on degree level. According to College Scorecard 2026 data, business administration graduates report median earnings of $35,771 (associate) to $97,739 (doctoral) one year after completion, with bachelor’s graduates at $47,542 and master’s graduates at $70,102. Earnings climb further with experience: bachelor’s graduates reach a median of $64,692 and master’s graduates $92,484 by five years out (College Scorecard, 2026).
Among the management occupations business graduates commonly fill, financial managers and general and operations managers are typically the highest paid, followed by human resources managers and administrative services managers. The BLS wage table below renders the current median annual wage for each role.
Yes, the earnings gap is substantial. College Scorecard 2026 data shows master’s graduates report median earnings of $70,102 one year after completion versus $47,542 for bachelor’s graduates, a difference of more than $22,000. By five years out, the gap widens to roughly $27,800 ($92,484 versus $64,692).
Yes. Salary is tied to the degree earned and the occupation entered, not the delivery format. Accredited online and on-campus programs award the same degree titles, and transcripts typically do not distinguish between formats. See online vs on-campus business administration.
Four factors drive most of the variation: your degree level, your years of experience, the industry and metro area you work in, and any professional certifications you hold. Experience and degree level have the largest measurable effect in the Scorecard and BLS data.
That depends on your net price and your salary premium. Lower-cost programs shorten the payback period considerably. Start with affordable business administration programs and the financial aid guide to estimate your own break-even.
Business administration is a gateway to a cluster of management and analyst occupations. The table below renders current median annual wages and job-growth projections directly from BLS data at build time, so the figures stay current as new Occupational Employment and Wage Statistics (OEWS) releases are published.
| Occupation | Median annual wage |
|---|---|
| Financial Manager | $166,570 |
| Human Resources Manager | $149,280 |
| Administrative Services Manager | $114,130 |
| General and Operations Manager | $105,770 |
| Project Management Specialist | $102,320 |
| Management Analyst | $101,860 |
| Accountant or Auditor | $83,680 |
| Office and Administrative Support Supervisor | $69,500 |
Source: U.S. Bureau of Labor Statistics. Median annual wages from Occupational Employment and Wage Statistics (OEWS); growth projections from BLS Employment Projections.
The roles in the table above represent the most common destinations for business administration graduates. They cluster into a few groups:
The pay gap between these tiers is wide, which is why the same degree can support both an entry-level administrative salary and a six-figure management salary. Where you land within the range depends heavily on the occupation you target and the experience you accumulate. For a deeper look at job titles, day-to-day responsibilities, and advancement paths, see the business administration careers guide.
The single biggest lever on business administration earnings is the degree you complete. College Scorecard reports the median earnings of program completers at three checkpoints after graduation, which lets you see both starting pay and how earnings grow over the first five years in the workforce.
| Degree level | Median earnings |
|---|---|
| Certificate | $36,829 |
| Associate | $39,395 |
| Bachelor's | $56,435 |
| Master's | $80,696 |
| Doctoral | $100,071 |
| Credential | Median earnings, 1 yr | Median earnings, 4 yr | Median earnings, 5 yr |
|---|---|---|---|
| Certificate | $36,264 | $36,829 | $43,774 |
| Associate | $35,771 | $39,395 | $44,516 |
| Bachelor’s | $47,542 | $56,435 | $64,692 |
| Master’s | $70,102 | $80,696 | $92,484 |
| Doctoral | $97,739 | $100,071 | $101,044 |
Source: U.S. Department of Education College Scorecard, 2026 (generated 2026-06-12). Figures are verbatim median earnings for business administration program completers; no rounding applied.
A few patterns stand out in this data:
Compare each level in detail on the dedicated pages: associate, bachelor’s, master’s and MBA, and certificate guides. The BBA vs MBA comparison digs further into the bachelor’s-versus-master’s earnings decision.
A note on debt: College Scorecard reports a median debt of $14,833 for business administration certificate completers (College Scorecard, 2026). Weigh expected earnings against the debt you would take on, and read the financial aid guide to lower your net cost before you enroll.
These Scorecard medians are program-completer outcomes, not job-title salaries, and that distinction matters when you plan. The figures pool graduates across every occupation and industry a business administration credential leads to, so an individual graduate who moves directly into a high-paying management track can earn well above the median, while someone in an administrative support role may start below it. The medians also reflect graduates’ actual post-completion earnings reported through tax data, which makes them a more conservative and realistic benchmark than self-reported salary surveys.
Use the degree-level medians to compare credentials against one another, and use the BLS occupation table to estimate pay for a specific job title once you are established in the field. Read together, they bracket a reasonable expectation: the Scorecard figure anchors your likely starting point by degree, and the BLS median shows the ceiling you can work toward as you gain experience in a target role.
Two graduates with the same degree can earn very different salaries. These are the factors that explain most of the spread.
Experience is the clearest driver in the data. The College Scorecard earnings table above shows median pay rising at every degree level between the one-year and five-year marks, most steeply for bachelor’s and master’s graduates. Bachelor’s earnings climb roughly $17,150 over those first five years and master’s earnings about $22,380, according to College Scorecard 2026 data, even before accounting for further gains beyond the five-year window the data captures. In practice, the move from an individual-contributor role into a supervisory or management role, which usually requires several years of experience, is where the largest pay increases happen.
The same job title pays differently across industries. Financial managers in securities and investment firms, for example, typically out-earn those in lower-margin sectors, and general and operations managers in capital-intensive industries usually earn more than those in retail or hospitality. When you compare the occupation wage table above, remember that the BLS median is a national, all-industry midpoint; your industry can move you well above or below it.
Metro area matters because both wages and cost of living vary geographically. Major business hubs tend to post the highest nominal salaries, but a higher local cost of living can offset part of that premium. If you plan to work in a specific market, research that area’s wages rather than relying on the national median alone. You can browse business administration programs by state to find options near your target market.
Professional certifications can raise earning power within a given role, especially in specialized tracks:
A concentration aligned to your target certification, such as finance, human resources, or project management, can help you prepare for these credentials while you complete the degree.
Beyond what these jobs pay today, it is worth knowing whether demand is growing. The BLS publishes 10-year employment projections for each occupation, and the wage table above renders the current projected growth rate and annual openings for every business administration role alongside its median wage.
When you review those projections, focus on two numbers for each occupation:
Together, these tell you both how fast a field is growing and how much hiring activity to expect. For an occupation-by-occupation breakdown of responsibilities and outlook, see the business administration careers guide, and for the broader case on return on investment, read Is a Business Administration Degree Worth It?.
Salary potential starts with choosing an accredited program that fits your goals and budget. These schools offer online business administration programs and report business administration completions:
Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:
Schools without enough outcome data appear after ranked schools, without a score. Advertising never affects these rankings. Read the full methodology.
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:Accreditor: Western Association of Schools and Colleges Senior Colleges and University CommissionIPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Use your salary research to choose the right program and pay for it efficiently:
Earnings figures on this page come from the U.S. Department of Education College Scorecard (2026) and the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics and Employment Projections. Wage and outlook figures in the data tables are rendered live from BLS data at build time.
Data verified: June 27, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.