Business Administration Salaries

Business Administration Salaries

Salaries for business administration degree holders can vary greatly depending on the line of work one gets into. Business administration degrees lead to a number of careers with a range of salaries. The Bureau of Labor Services (BLS) provides median salary information for several business-related careers from May 2004:

  • Chief Executive Officer (for profit org.) - $140,350
  • Chief Executive Officer (non-profit org.) - $88,006
  • Marketing Manager - $87,640
  • Sales Manager - $84,220
  • Financial Manager - $81,880
  • Top Executives - $77,420
  • Training and Development Manager - $67,460
  • Health Services Administrator - $67,430
  • Compensation and Benefits Manager - $66,530
  • Accounting Manager - $64,100
  • Management Analyst - $63,450
  • Personal Financial Advisor - $62,700
  • Financial Analyst - $61,910
  • Budget Analyst - $56,040
  • Accountant - $50,770
  • Loan Officer - $48,830
  • Insurance Underwriter - $48,550
  • Tax Collector - $43,490
  • Real Estate Appraiser - $43,390
  • Retail Sales Manager - $32,720

These figures, however, are median salaries. Many CEOs see salaries well into the six figures, while bonuses and stock options can significantly increase any successful business-person’s salary.

Salaries are also greatly influenced by one’s degree level. According to MBA.com, MBA graduates from the class of 2006 earned an average $61,302 prior to completing the MBA and $86,350 after – an increase of 41%. Other factors that influence salary include industry, experience, responsibility, and geographic location.

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