Business management degree job salary

Last Updated on February 24, 2022

Getting a business management degree can offer a wide array of career options in many different industries. Learning about the jobs available with a degree in business management can help you determine if it’s the right educational program for you. If you’re currently earning your degree in business management, you can learn more about your career options once you graduate. In this article, we’ll explain what a business management degree is and the jobs you can get with one.

The average salary with a business management degree is just over $73,000 per year. That is much higher than the most recent statistic for the average annual wage for all U.S.

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12 Highest Paying Business Degrees 2021 - Own Your Own Future

business management salary per month

As of Feb 17, 2022, the average monthly pay for a Business Management in the United States is $4,857 a month.

Seeing monthly salaries as high as $11,375 and as low as $1,750, the majority of Business Management salaries currently range between $3,000 (25th percentile) to $5,833 (75th percentile) across the United States. The average pay range for a Business Management varies greatly (by as much as $2,833), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

We’ve identified 10 cities where the typical salary for a Business Management job is above the national average. Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions. San Jose, CA beats the national average by $8,806 (15.1%), and San Francisco, CA furthers that trend with another $13,265 (22.8%) above the $58,286 average.

Significantly, San Francisco, CA has a very active Business Management job market as there are several companies currently hiring for this type of role.

With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Business Management appears to be exceedingly fruitful.

Finally, another factor to consider is the average salary for these top ten cities varies very little at 10% between San Francisco, CA and Norwalk, CT, reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Business Management role.

CityAnnual SalaryMonthly PayWeekly PayHourly Wage
San Francisco, CA$71,551$5,963$1,376$34.40
Fremont, CA$68,687$5,724$1,321$33.02
San Jose, CA$67,093$5,591$1,290$32.26
Oakland, CA$66,359$5,530$1,276$31.90
Tanaina, AK$66,173$5,514$1,273$31.81
Wasilla, AK$66,173$5,514$1,273$31.81
Sunnyvale, CA$65,352$5,446$1,257$31.42
Hayward, CA$64,969$5,414$1,249$31.24
Jackson, WY$64,622$5,385$1,243$31.07
Norwalk, CT$64,535$5,378$1,241$31.03

What are Top 5 Best Paying Related Business Management Jobs in the U.S.

We found at least five jobs related to the Business Management job category that pay more per year than a typical Business Management salary. Top examples of these roles include: Senior Business Consultant, Business Applications Manager, and Business Analyst Manager.

Importantly, all of these jobs are paid between $47,926 (82.2%) and $67,117 (115.2%) more than the average Business Management salary of $58,286. If you’re qualified, getting hired for one of these related Business Management jobs may help you make more money than that of the average Business Management position.

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
Senior Business Consultant$125,403$10,450$2,412$60.29
Business Applications Manager$120,750$10,062$2,322$58.05
Business Analyst Manager$117,033$9,753$2,251$56.27
Business Relationship Management$108,970$9,081$2,096$52.39
Business Development Strategy Manager$106,212$8,851$2,043$51.06
Is Business Administration a Good Major? [2022 Ultimate Guide]

Business management degree job salary

A business management degree means that you have the education, skills and general understanding of how to operate within a company or organization. You’ll learn a range of administrative, marketing or even accounting tasks, how to work closely with a team and develop skills to manage a business or organization successfully. There are a few business management degrees you can earn:

Associate degree

An Associate in Business Management will give you a general view of how an organization functions. Courses include business law and ethics, principles of marketing and project management. An associate program typically lasts two years, after which you’ll qualify for a variety of entry-level management roles.

Bachelor’s degree

With a Bachelor of Business Management program, courses typically focus on the overall managing of a business, including risk management or strategic management. Bachelor’s degree candidates pick an area of focus, such as marketing, entrepreneurship or real estate. While you’re not limited to your study focus, it does help set up a career path. Bachelor’s programs usually take about four years.

Master’s degree

A Master of Business Management program offers additional courses in leadership once you finish a bachelor’s program. Unlike a Master of Business Administration program, which requires three years of experience to enter, students can pursue an MBM immediately following an undergraduate program. An MBM usually takes two years of coursework to earn.

Career opportunities

Below is a list of some common jobs in which employers seek a business management degree, including typical duties and average salary:

1. Personal assistant

National average salary: $13.12 per hour

Primary duties: A personal assistant manages an individual’s daily schedule, correspondence and other functions as requested by the employer. Tasks may include answering phones, taking messages, taking notes, filing, scheduling meetings and other administrative tasks that help the employer in their daily lives. They may also be required to run errands, book travel and manage day-to-day activities like shopping, laundry and organization. Some personal assistants manage finances, such as paying bills.

2. Program assistant

National average salary: $13.88 per hour

Primary duties: A program assistant is responsible for administrative tasks such as answering the phone, checking general company email, filing and schedule management. They might assist with event planning and budget oversight for the organization. A program assistant might also be in charge of taking and distributing meeting minutes as well as scheduling meetings.

3. Office coordinator

National average salary: $15.38 per hour

Primary duties: An office coordinator organizes various office tasks and functions to help operations run smoothly. They may answer phones, take messages, guide visitors and schedule appointments or meetings. Office coordinators could maintain and order supplies and perform some filing tasks.

4. Administrative assistant

National average salary: $15.43 per hour

Primary duties: An administrative assistant performs clerical tasks around the workplace. Responsibilities might include filing, answering phones, scheduling appointments and supporting staff. They may also coordinate events, monitor supply levels and oversee the work of other administrative professionals. Administrative assistants can work for an individual, department or organization.

5. Human resources assistant

National average salary: $16.24 per hour

Primary duties: Human resources assistants help HR managers and supervisors with administrative tasks. They are involved in recruiting, hiring and training new employees. They may maintain and update employee records, including promotions and reprimands. Human resources assistants could sort resumes for the review of HR or hiring managers. Some HR assistants perform phone screens with potential candidates.

6. Assistant office manager

National average salary: $41,426 per year

Primary duties: Assistant office managers help maintain order in an office. They may help the office manager with clerical tasks, including filing and monitoring budget. Assistant office managers might develop floor plans and layouts, helping to keep track of empty desks and office spaces. They may manage conference rooms and schedule meetings, including ordering food and refreshments for meetings that include clients and outside vendors.

7. Office manager

National average salary: $42,187 per year

Primary duties: An office manager organizes business operations, procedures and overall maintenance. They prepare payroll and approve supply requests. An office manager might have an administrative team to which they assign duties and manage tasks. Office managers should be familiar with an office environment and how to manage other people.

8. Community manager

National average salary: $47,173 per year

Primary duties: A community manager helps organizations build and grow their online presence. They analyze online usage using analytical tools that look at what current clients are saying about the company. Community managers help to develop a strategic plan for starting or increasing online community usage through social media.

9. Staff accountant

National average salary: $51,109 per year

Primary duties: A staff accountant is responsible for maintaining financial reports, records, general ledgers, preparation and analysis of budgets and general bookkeeping. They may also prepare invoices and account reconciliation. Staff accountants develop and implement accounting procedures for the organization.

10. Human resources generalist

National average salary: $54,280 per year

Primary duties: A human resources generalist manages the daily HR operations for an organization. This can include creating and maintaining policies, procedures and programs for the company. They also update employee records and administer benefits and payroll. HR generalists are sometimes responsible for compliance and onboarding training.

11. Client services manager

National average salary: $55,222 per year

Primary duties: Client services managers are responsible for developing and implementing customer service procedures and training staff to follow the established guidelines. They keep in contact with current clients and talk to them about campaigns or projects they might be interested in. Client services managers help customers with questions and inquiries and resolve issues as needed.

12. Sales representative

National average salary: $59,594 per year

Primary duties: Sales representatives contact new or existing customers and discuss products or services they may be interested in. They negotiate contracts and follow up with clients to ensure their satisfaction with the service. Sales representatives could also prospect potential clients. They sometimes act as customer service representatives and help clients with questions or issues with products. Sales representatives may work with individuals, businesses or other organizations.

13. Marketing manager

National average salary: $61,136 per year

Primary duties: A marketing manager works with executives to develop a strategy for their company to drive more sales and sign customers. They often analyze data for industry trends in regards to the products or services their company supplies. A marketing manager may supervise a team of marketing coordinators and help to train and develop their team for future growth.

14. Logistics manager

National average salary: $61,227 per year

Primary duties: A logistics manager organizes the storage of goods and their distribution. They coordinate the transportation of goods, management of stock and the general flow of goods. Logistics managers are also tasked with materials handling, customer service and schedules for warehouse employees. They may also ensure employees follow basic safety procedures.

15. Account executive

National average salary: $65,773 per year

Primary duties: Account executives are responsible for acquiring new clients and maintaining relationships through customer service. They build and maintain relationships by providing excellent customer service. The account executive is often the point of contact between the team and the client. They are often tasked with strategic planning to help their clients reach specific goals.

16. Data analyst

National average salary: $67,300 per year

Primary duties: A data analyst takes market research or sales numbers and translates it into understandable information for organizations. The data is then used to develop strategic plans that help businesses make more informed decisions, including creating more detailed solutions for common customer issues. Data analysts use a variety of software and critical-thinking skills to find the information needed for projects.

17. Business consultant

National average salary: $71,581 per year

Primary duties: A business consultant organizes and executes different administrative assignments for a client. They gather information on their clients through research, interviews and other methods to find the strengths and weaknesses of the organization. Business consultants will discuss these findings with their clients and provide ideas and solutions to issues found during the assessment.

18. Sales manager

National average salary: $74,914 per year

Primary duties: A sales manager supervises a team of sales representatives. They help to develop their team through training and incentives. Sales managers analyze data to help their team set sales goals in weekly, monthly, quarterly and annual periods. They may also handle larger client accounts to ensure they receive the proper amount of attention.

19. Management analyst

National average salary: $77,523 per year

Primary duties: Management analysts help organizations find ways to maximize efficiency through cost reductions and increased revenue. They help an organization create procedures and operating manuals and conduct organizational evaluations to help them design more efficient systems.

20. Development director

National average salary: $83,017 per year

Primary duties: A development director works with an organization to create a strategic plan to raise funds for the company. The plan needs to be cost-effective and is usually time-sensitive. Their primary focus is to oversee fundraising efforts, including delegating tasks and duties to team members. Development directors often network and make connections with potential donors or sponsors.

21. Director of operations

National average salary: $94,692 per year

Primary duties: A director of operations oversees and encourages the growth and profitability of an organization. Their duties may consist of staff management, department supervision or the production of goods. The director of operations helps with the daily activities of the company and sets strategic goals to help organizations remain in business.

business management salary entry level

As of Feb 17, 2022, the average annual pay for a Business Manager Entry Level in the United States is $47,599 a year.

Just in case you need a simple salary calculator, that works out to be approximately $22.88 an hour. This is the equivalent of $915/week or $3,967/month.

Seeing annual salaries as high as $58,000 and as low as $36,000, the majority of Business Manager Entry Level salaries currently range between $43,500 (25th percentile) to $51,000 (75th percentile) with top earners (90th percentile) making $55,000 annually across the United States. The average pay range for a Business Manager Entry Level varies little (about $7,500), which suggests that regardless of location, there are not many opportunities for increased pay or advancement, even with several years of experience.

What are Top 10 Highest Paying Cities for Business Manager Entry Level Jobs

We’ve identified 10 cities where the typical salary for a Business Manager Entry Level job is above the national average. Topping the list is Lakes, AK, with San Francisco, CA and Santa Clara, CA close behind in the second and third positions. Santa Clara, CA beats the national average by $7,703 (16.2%), and Lakes, AK furthers that trend with another $8,631 (18.1%) above the $47,599 average.

Importantly, Lakes, AK has a moderately active Business Manager Entry Level job market with only a few companies currently hiring for this type of role.

With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Business Manager Entry Level appears to be exceedingly fruitful.

Finally, another factor to consider is the average salary for these top ten cities varies very little at 6% between Lakes, AK and San Jose, CA, reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Business Manager Entry Level role.

CityAnnual SalaryMonthly PayWeekly PayHourly Wage
Lakes, AK$56,231$4,686$1,081$27.03
San Francisco, CA$55,773$4,648$1,073$26.81
Santa Clara, CA$55,302$4,609$1,064$26.59
Washington, DC$54,643$4,554$1,051$26.27
Los Angeles, CA$54,047$4,504$1,039$25.98
Fremont, CA$53,646$4,470$1,032$25.79
Jersey City, NJ$53,379$4,448$1,027$25.66
Green River, WY$53,063$4,422$1,020$25.51
San Buenaventura, CA$53,015$4,418$1,020$25.49
San Jose, CA$52,666$4,389$1,013$25.32

What are Top 5 Best Paying Related Business Manager Entry Level Jobs in the U.S.

We found at least five jobs related to the Business Manager Entry Level job category that pay more per year than a typical Business Manager Entry Level salary. Top examples of these roles include: Brand Strategy Entry Level, Entry Level Systems Analyst, and Entry Level Practice Manager.

Importantly, all of these jobs are paid between $8,245 (17.3%) and $20,893 (43.9%) more than the average Business Manager Entry Level salary of $47,599. If you’re qualified, getting hired for one of these related Business Manager Entry Level jobs may help you make more money than that of the average Business Manager Entry Level position.

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
Brand Strategy Entry Level$68,492$5,708$1,317$32.93
Entry Level Systems Analyst$59,833$4,986$1,151$28.77
Entry Level Practice Manager$57,790$4,816$1,111$27.78
Entry Level International Sales$55,899$4,658$1,075$26.87
Entry Level Engineering Consultant$55,844$4,654$1,074$26.85
Consultant Salary - 2022 Guide

business management associate degree salary

The estimated total pay for a Business Management Associate is $61,444 per year in the United States. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $48,006 per year. The estimated additional pay is $13,437 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The “Most Likely Range” represents values that exist within the 25th and 75th percentile of all pay data available for this role.

High-Paying Jobs for Associate’s in Business Administration

  • Sales Managers
  • Human Resource Managers
  • Management Analyst
  • Medical and Health Services Managers
  • Account Executive

When you want to attend a 2-year program for your associate’s degree in business administration, you might be worried about leveraging that degree into a great-paying job. The following are some of the best-paying jobs for those with a degree and a few years of experience. In fact, CNN reports that a degree in business administration is one of the more lucrative majors.

Sales Managers

The biggest part of the success of any business is their sales. Without clients and customers, a business will fail. A sales manager will hire top sales people to keep the business afloat. The manager will teach their sales team through training programs. They improve the sales team through incentive programs as well as assigning important territories to the top earners. The sales manager will help monitor and maintain relationships with customers as well as vendors to ensure that the team is running smoothly. While the salary of a sales person can vary widely based on commissions, a sales manager doesn’t work on commission. The median income of the manager is $71,588 per year.

Human Resource Managers

In the human resources field, those with associate’s degrees and some experience can advance to the role of human resource manager. An associate’s degree in business administration can be the stepping stone to a lucrative career helping employees understand their benefits as well as being the liaison between employees and upper management. The career sees a median income of approximately $117,080 depending on years of experience and the company. Some human resource managers can make more or less. Along with an associate’s degree in business administration, there are certificates that can help propel the graduate in the HR field like those from certain associations. The Society of Human Resource Management is a good starting point.

Management Analyst

When a business is losing clients or their sales are falling, they’ll hire a financial or management analyst. The management analyst will take a look at the entire company as a whole to figure out where the problems are. Once they’ve identified key problems in the company, they’ll devise a clear plan of attack for getting the company back on top. The plan they create will help the business run efficiently and smoothly. It could involve a new set of procedures and strategies in the marketing department or streamlining the customer service processes. The median pay for a management analyst is $72,000.

Medical and Health Services Managers

In the medical and health services field, administrators and managers help to run their departments efficiently. They monitor goals of the department as well as recruit and hire talented employees to fill the ranks. Medical and health services managers work in hospitals, private practice, clinics and nursing homes. they can make approximately $106,070 in median income per year. This will depend on the type of facility that the person chooses for work. It helps to have a minor in accounting since the managers will have to prepare and analyze departmental budgets each fiscal year.

Account Executive

Some managers with an associate’s degree in business administration will run one department like the finance or sales department. An account executive is the person who handles certain client accounts to ensure that the company is taking care of the client or customer properly. They’ll handle all aspects of certain customers especially those that are spending millions of dollars for the company’s services each year. The median pay of an account executive is $64,600.

These jobs are rewarding as well as being highly lucrative positions that require an associate’s degree in business administration. Along with the degree, they normally require some certifications depending on the industry too. Once you pick a lucrative career path, you can dig deeper into the years experience needed as well as the certifications.

Associate Degree in Business Administration: Colleges, Jobs & Salary  [Complete Guide] - Broxer

business management vs business administration salary

Here are a few common differences between business administration and business management:

Degree program differences

When studying business administration, students often learn about standard business subjects. Once they have a grasp on the different general business roles, they select one and declare it as their major area of study. For example, a student may major in business administration and choose accounting as their specialty. Upon graduation, this student may pursue an accounting role. Often, when students study business administration, they hope to learn more about business as a whole to determine which specific position they would like to pursue.

When studying business management, students take courses to help increase their leadership skills in addition to exploring specialties within the business field like human resources, communications, ethics and management. Business management students often also participate in events or organizations that help them develop their leadership skills, such as student organizations within the business department, student government or different academic clubs.

Work environment differences

Business administration employees often start working in a specific department within a business that leverages their area of specialty. They tend to dedicate their efforts within a single department rather than overseeing several teams or processes across functions. They administer the efficiency of a company’s core operations and are engaged in research, strategic planning and forecasting. 

Business management employees often start in positions in which they develop skills to help them manage people and lead a department. Many organizations expect business managers to assume leadership roles and oversee day-to-day business tasks and operational duties. Once a business manager is serving in a higher-level role, they may oversee other employees and make department-level decisions.

Careers in business administration

Here are examples of careers you can pursue related to business administration:

1. Human resources specialist

National average salary: $49,507 per year

Primary duties: Human resources specialists are in charge of potential and current employees. They are directly involved in recruiting employees for a company and conducting screens and interviews. Many also work with current employees to build company culture and engagement. They also may be in charge of employee tax forms, payroll documents and personal information. This role often attracts employees with strong communication abilities, self-motivation and time-management skills.

2. Accountant

National average salary: $55,788 per year

Primary duties: An accountant creates financial reports for departments of a company to ensure that accounts remain responsible and stable. They also track and analyze data involving financial decisions. Accountants strategize and then recommend changes to help leadership manage proper spending habits. Many accountants are analytical, mathematically minded and have strong organizational skills.

3. Marketing specialist

National average salary: $57,661 per year

Primary duties: Marketing specialists work with sales and product teams to build campaigns around different products, analyzing different target audiences and strategizing how to sell to them. They often serve in different roles within the marketing department, including content management, market analysis and product marketing. Their main goal is to determine what effectively sells a product or service. Marketing specialists are often well-organized, effective communicators.

4. Business analyst

National average salary: $74,766 per year

Primary duties: Business analysts compile reports to determine what a business needs to do to improve. They work more on the developmental side of business, using software to create and analyze strategies to grow their business. They often fulfill the role of project manager and work on individual initiatives to find solutions to benefit the company. Business analysts should be knowledgeable about different software, have leadership abilities and be problem solvers.

Careers in business management

Here are examples of careers you can pursue related to business management:

1. Operations manager

National average salary: $63,298 per year

Primary duties: An operations manager oversees different departments within a company. Many work with human resources, sales and marketing teams to ensure tasks are completed and goals are met. They encourage engagement among employees and develop different budget and financial plans. Operations managers ensure their employees are given the resources they need to succeed. They often possess strong team-building skills, leadership abilities and are effective problem solvers.

2. Sales manager

National average salary: $70,057 per year

Primary duties: Sales managers lead a sales team to increase the overall performance of the sales department. They train and motivate employees to meet quotas, engage with potential customers and assist with sales challenges. They often create strategies to enhance sales team’s efficiency and will act as a mentor. This role is a good fit for people who are strong leaders that are strategy-driven with effective communication skills.

3. Management analyst

National average salary: $80,675 per year

Primary duties: Management analysts often create manuals to help outline overall procedures and document best practices to follow as an effective manager. They do this by conducting studies and measuring the overall performance analytics of leadership. This position may require past leadership experience, data analysis skills and critical thinking.

4. Financial reporting manager

National average salary: $101,599 per year

Primary duties: A financial reporting manager works heavily with legal and accounting teams. They develop strategies to assess different financial costs within a company and analyze financial and accounting documents to determine if a specific cost is beneficial to a company. Financial reporting managers are well-organized, data-driven critical thinkers.

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