Does a Master's Degree in Business Administration, Management and Operations Pay Off? Earnings, Debt & Schools

Other degree levels for this field: Associate degrees · Bachelor's degrees · Certificates and diplomas

This page shows what graduates with a master's degree in Business Administration, Management and Operations earn four years after graduating, what they typically owe, the schools that report these figures (listed alphabetically), and the occupations linked to this field by the federal CIP-to-SOC crosswalk. It covers 800 reporting units (schools, or groups of campuses that report together) with these figures.

Median earnings, 4 years after graduation

$103,485

All graduates nationally

Middle half of graduates nationally

$69,982–$153,484

25th to 75th percentile

In context: across the 61 master's-degree fields with earnings reported by at least 30 schools or school groups, the typical field's median is $74,139; this field's median of $103,485 is 40% above that. The middle half of its graduates differ by $83,502 (25th to 75th percentile), wider than the typical field's $44,659, so where a graduate lands within the field varies a lot. These are group figures, not predictions for any graduate.

Schools reporting earnings for Business Administration, Management and Operations graduates

Listed alphabetically to start; MajorPays does not rank schools. Click a column heading to sort; shift-click more headings to sort by several columns as a group. Median earnings four years after graduation, master's degree, for programs with at least 30 graduates measured (665 reporting units; campuses that share one federal school ID report together and appear once). Schools with fewer graduates in the major, or whose figure the Department of Education withholds, are not listed.

School	State	Median earnings, 4 years after	Graduates measured
Abilene Christian University	TX	$105,173	52
Adams State University	CO	$74,560	30
Adelphi University	NY	$101,097	88
Alabama A & M University	AL	$68,819	34
Albany State University	GA	$68,632	31
Albertus Magnus College	CT	$85,560	73
Alfred University	NY	$69,000	40
Altierus Career College-Tampa	FL	$43,781	40
Alvernia University	PA	$80,640	89
Alverno College	WI	$95,127	36
American InterContinental University System (reported together with 2 other campuses under one federal school ID)	AZ	$60,434	794
American International College	MA	$83,538	65
American Public University System	WV	$91,167	804
American University	DC	$127,269	217
Anderson University	IN	$97,811	124
Anderson University	SC	$87,271	64
Angelo State University	TX	$76,765	59
Appalachian State University	NC	$94,138	75
Arizona State University Campus Immersion (reported together with 1 other campus under one federal school ID)	AZ	$141,437	589
Arkansas State University	AR	$73,394	42
Ashford University	CA	$77,414	1,640
Ashland University	OH	$90,642	291
Assumption University	MA	$102,181	46
Auburn University	AL	$154,831	198
Augsburg University	MN	$108,125	202
Aurora University	IL	$81,740	171
Austin Peay State University	TN	$86,017	37
Averett University	VA	$74,827	80
Avila University	MO	$86,593	45
Azusa Pacific University	CA	$98,437	84
Babson College	MA	$178,909	297
Baker College	MI	$79,552	49
Baker University	KS	$95,566	129
Baldwin Wallace University	OH	$106,526	107
Barry University	FL	$84,090	92
Bay Path University	MA	$90,125	90
Baylor University	TX	$130,178	184
Belhaven University	MS	$62,780	402
Bellarmine University	KY	$89,391	54
Bellevue University	NE	$94,370	349
Benedictine University	IL	$102,850	364
Bentley University	MA	$156,061	106
Berkeley College-Woodland Park	NJ	$79,240	82
Bethel University	IN	$78,413	60
Bethel University	MN	$96,278	65
Binghamton University	NY	$118,876	129
Bluffton University	OH	$74,947	33
Boise State University	ID	$107,178	154
Boston College	MA	$152,252	199
Boston University	MA	$147,178	379
Bowling Green State University-Main Campus	OH	$106,176	35
Brandeis University	MA	$102,843	55
Brenau University	GA	$80,464	95
Brigham Young University	UT	$158,399	240
Bryan College-Dayton	TN	$78,849	49
Butler University	IN	$125,011	32
Caldwell University	NJ	$98,760	32
California Baptist University	CA	$87,685	115
California College of the Arts	CA	$157,122	39
California Lutheran University	CA	$150,979	47
California Polytechnic State University-San Luis Obispo	CA	$108,148	32
California State University-Bakersfield	CA	$120,351	34
California State University-Chico	CA	$109,161	32
California State University-Dominguez Hills	CA	$97,035	48
California State University-East Bay	CA	$121,899	94
California State University-Fresno	CA	$111,334	105
California State University-Fullerton	CA	$125,086	114
California State University-Long Beach	CA	$120,394	119
California State University-Los Angeles	CA	$126,611	49
California State University-Monterey Bay	CA	$115,179	134
California State University-Northridge	CA	$115,123	59
California State University-Sacramento	CA	$116,033	152
California State University-San Bernardino	CA	$109,028	103
California State University-San Marcos	CA	$105,743	61
California State University-Stanislaus	CA	$92,461	89
Campbell University	NC	$98,446	75
Canisius University	NY	$93,286	110
Capella University	MN	$96,768	647
Capital University	OH	$108,101	59
Cardinal Stritch University	WI	$86,514	140
Carlow University	PA	$82,739	71
Carnegie Mellon University	PA	$208,503	253
Carroll University	WI	$94,526	31
Carson-Newman University	TN	$86,617	64
Case Western Reserve University	OH	$117,931	151
Centenary University	NJ	$110,053	95
Central Michigan University	MI	$96,611	434
Chadron State College	NE	$89,908	75
Chaminade University of Honolulu	HI	$75,599	46
Champlain College	VT	$113,253	197
Chapman University	CA	$121,592	85
Charleston Southern University	SC	$81,984	124
Christian Brothers University	TN	$103,608	42
Citadel Military College of South Carolina	SC	$107,824	81
City University of Seattle	WA	$107,564	117
Clark University	MA	$93,174	73
Clarkson University	NY	$98,831	90
Clayton State University	GA	$72,025	87
Clemson University	SC	$114,399	202
Cleveland State University	OH	$101,635	297
Coastal Carolina University	SC	$67,954	60
College of Charleston	SC	$97,539	39
Colorado Christian University	CO	$86,926	97
Colorado State University Global	CO	$102,672	342
Colorado State University-Fort Collins	CO	$136,709	196
Colorado Technical University-Colorado Springs	CO	$67,660	1,064
Columbia Central University-Caguas (reported together with 1 other campus under one federal school ID)	PR	$40,934	127
Columbia Southern University	AL	$79,103	725
Columbia University in the City of New York	NY	$251,708	753
Columbus State University	GA	$78,778	31
Commonwealth University of Pennsylvania	PA	$92,190	60
Concordia University Ann Arbor (reported together with 1 other campus under one federal school ID)	MI	$90,507	122
Concordia University Texas	TX	$98,611	101
Concordia University-Chicago	IL	$82,060	129
Concordia University-Irvine	CA	$82,691	55
Concordia University-Saint Paul	MN	$113,086	235
Cornell University	NY	$226,632	506
Cornerstone University	MI	$79,472	45
Creighton University	NE	$121,864	65
Crown College	MN	$66,154	52
Cumberland University	TN	$80,635	70
CUNY Bernard M Baruch College	NY	$144,308	176
CUNY Brooklyn College	NY	$85,908	140
CUNY Graduate School and University Center	NY	$108,087	59
CUNY Lehman College	NY	$84,988	85
Curry College	MA	$104,951	36
Dallas Baptist University	TX	$84,511	145
Dartmouth College	NH	$239,178	239
Davenport University	MI	$84,233	410
Delaware Valley University	PA	$88,935	55
Delta State University	MS	$53,082	53
DePaul University	IL	$144,859	448
DeSales University	PA	$115,797	97
DeVry College of New York (reported together with 15 other campuses under one federal school ID)	NY	$87,024	2,421
Doane University	NE	$74,075	59
Dominican University	IL	$80,127	63
Drake University	IA	$137,890	54
Drury University	MO	$79,592	33
Duke University	NC	$222,160	611
Duquesne University	PA	$109,445	150
East Carolina University	NC	$98,563	201
East Tennessee State University	TN	$99,765	67
East Texas A&M University	TX	$105,692	344
Eastern Illinois University	IL	$95,880	42
Eastern Michigan University	MI	$96,337	62
Eastern Nazarene College	MA	$75,293	32
Eastern New Mexico University-Main Campus	NM	$100,803	93
Eastern Oregon University	OR	$92,781	59
Eastern University	PA	$85,015	78
Eastern Washington University	WA	$87,458	46
ECPI University	VA	$70,932	45
Edgewood College	WI	$110,256	34
Elizabethtown College	PA	$108,773	47
Elmhurst University	IL	$102,847	90
Elon University	NC	$105,377	53
Embry-Riddle Aeronautical University-Daytona Beach (reported together with 1 other campus under one federal school ID)	FL	$110,336	435
Emory University	GA	$196,191	182
Empire State University	NY	$114,116	68
Emporia State University	KS	$89,555	34
Endicott College	MA	$97,982	77
Everglades University	FL	$81,771	44
Excelsior University	NY	$93,206	101
Fairfield University	CT	$112,565	37
Fairleigh Dickinson University-Florham Campus (reported together with 1 other campus under one federal school ID)	NJ	$120,131	239
Faulkner University	AL	$69,630	94
Fayetteville State University	NC	$94,069	56
Felician University	NJ	$87,580	32
Ferris State University	MI	$115,819	54
Fitchburg State University	MA	$90,969	229
Florida Agricultural and Mechanical University	FL	$90,641	62
Florida Atlantic University	FL	$95,852	335
Florida Institute of Technology (reported together with 1 other campus under one federal school ID)	FL	$107,776	584
Florida International University	FL	$99,549	825
Florida Southern College	FL	$96,708	40
Fontbonne University	MO	$88,628	56
Fordham University	NY	$143,127	228
Fort Hays State University	KS	$98,630	40
Franciscan University of Steubenville	OH	$90,687	33
Franklin University	OH	$90,981	317
Friends University	KS	$84,640	113
Frostburg State University	MD	$106,032	83
Gardner-Webb University	NC	$86,886	62
George Fox University	OR	$115,514	88
George Mason University	VA	$134,691	179
George Washington University	DC	$146,816	324
Georgetown University	DC	$188,160	508
Georgia College & State University	GA	$98,271	39
Georgia Institute of Technology-Main Campus	GA	$178,484	354
Georgia Southern University	GA	$116,006	119
Georgia Southwestern State University	GA	$83,019	45
Georgian Court University	NJ	$90,771	37
Golden Gate University	CA	$135,150	76
Gonzaga University	WA	$101,090	164
Grace College and Theological Seminary	IN	$66,779	76
Grand Canyon University	AZ	$89,393	2,467
Gwynedd Mercy University	PA	$88,994	60
Hamline University	MN	$100,989	114
Hampton University	VA	$105,659	36
Harding University	AR	$110,206	68
Harvard University	MA	$113,503	108
Heidelberg University	OH	$71,269	35
Herzing University-Atlanta (reported together with 9 other campuses under one federal school ID)	GA	$70,854	218
Hofstra University	NY	$155,876	80
Holy Family University	PA	$93,726	70
Hood College	MD	$75,246	32
Houston Christian University	TX	$98,858	33
Howard University	DC	$135,741	36
Hult International Business School	MA	$98,145	53
Husson University	ME	$83,393	171
Idaho State University	ID	$99,523	61
Illinois State University	IL	$110,971	47
Indiana Institute of Technology	IN	$76,180	43
Indiana State University	IN	$95,438	69
Indiana University of Pennsylvania-Main Campus	PA	$90,853	66
Indiana Wesleyan University-Marion (reported together with 1 other campus under one federal school ID)	IN	$92,437	521
Iona University	NY	$108,519	33
Iowa State University	IA	$123,109	79
Jacksonville University	FL	$101,213	54
James Madison University	VA	$150,316	49
John Brown University	AR	$97,702	108
John Carroll University	OH	$91,124	88
Johns Hopkins University	MD	$152,108	107
Johnson & Wales University-Charlotte (reported together with 2 other campuses under one federal school ID)	NC	$73,821	468
Judson University	IL	$93,396	32
Kansas State University	KS	$97,031	53
Kansas Wesleyan University	KS	$72,454	67
Keiser University-Ft Lauderdale	FL	$63,875	213
Kennesaw State University	GA	$133,753	275
Kent State University at Kent (reported together with 1 other campus under one federal school ID)	OH	$89,732	64
Kettering University	MI	$136,553	53
Keuka College	NY	$73,996	48
King University	TN	$71,222	169
La Salle University	PA	$120,754	48
La Sierra University	CA	$95,296	39
Lake Erie College	OH	$80,814	98
Lake Forest Graduate School of Management	IL	$157,852	113
Lakeland University	WI	$83,572	168
Lamar University	TX	$109,579	82
Lawrence Technological University	MI	$126,179	42
Le Moyne College	NY	$89,362	79
Lebanon Valley College	PA	$107,076	37
Lee University	TN	$66,769	33
Lehigh University	PA	$153,638	42
Lenoir-Rhyne University	NC	$72,784	53
LeTourneau University	TX	$83,518	46
Lewis University	IL	$88,361	245
Liberty University	VA	$90,025	1,711
LIM College	NY	$70,900	105
Limestone University	SC	$69,829	36
Lincoln Memorial University	TN	$81,224	95
Lipscomb University	TN	$90,589	139
Long Island University	NY	$92,725	113
Los Angeles Pacific University	CA	$100,643	41
Louisiana State University and Agricultural & Mechanical College	LA	$120,107	133
Louisiana Tech University	LA	$81,197	48
Loyola University Chicago	IL	$129,044	151
Loyola University Maryland	MD	$133,245	177
Lynn University	FL	$77,699	247
Malone University	OH	$85,804	78
Manhattan University	NY	$105,243	69
Marian University	WI	$84,671	30
Marist University	NY	$142,180	77
Marquette University	WI	$140,858	149
Marymount University	VA	$129,400	50
McKendree University	IL	$89,945	91
Mercy University	NY	$87,505	350
Mercyhurst University	PA	$58,112	35
Merrimack College	MA	$84,044	32
Metropolitan College of New York	NY	$73,109	83
Metropolitan State University	MN	$89,595	80
Miami University-Oxford	OH	$142,034	56
Michigan State University	MI	$142,927	338
Mid-America Christian University	OK	$64,613	80
MidAmerica Nazarene University	KS	$95,717	82
Middle Tennessee State University	TN	$99,846	98
Midland University	NE	$105,184	44
Midway University	KY	$68,973	76
Milligan University	TN	$92,594	34
Milwaukee School of Engineering	WI	$113,253	80
Minot State University	ND	$56,872	34
Mississippi State University	MS	$128,049	73
Missouri Baptist University	MO	$76,387	65
Missouri State University-Springfield	MO	$93,738	120
Molloy University	NY	$102,238	57
Monmouth University	NJ	$109,288	112
Monroe University	NY	$78,148	142
Montclair State University	NJ	$117,544	208
Montreat College	NC	$72,401	35
Morgan State University	MD	$89,892	45
Mount Mercy University	IA	$94,620	66
Mount Saint Mary College	NY	$82,707	53
Mount Saint Mary's University	CA	$109,544	53
Mount St. Joseph University	OH	$85,153	49
Mount St. Mary's University	MD	$97,330	117
Mount Vernon Nazarene University	OH	$89,130	60
National American University-Rapid City	SD	$67,959	201
National Louis University	IL	$86,139	43
National University	CA	$96,924	226
Nelson University	TX	$62,264	35
Neumann University	PA	$98,301	38
New England College	NH	$105,129	43
New Jersey City University	NJ	$74,822	60
New Jersey Institute of Technology	NJ	$119,814	74
New Mexico Highlands University	NM	$82,774	96
New Mexico State University-Main Campus	NM	$92,605	88
New York Institute of Technology	NY	$101,038	36
New York University	NY	$232,460	870
Newman University	KS	$84,330	45
Nichols College	MA	$91,050	134
North Carolina A & T State University	NC	$87,800	50
North Carolina Central University	NC	$74,724	31
North Carolina State University at Raleigh	NC	$127,702	211
North Central College	IL	$102,600	38
North Dakota State University-Main Campus	ND	$91,876	30
North Greenville University	SC	$74,350	58
North Park University	IL	$82,257	107
Northcentral University	CA	$73,426	383
Northeastern University (reported together with 1 other campus under one federal school ID)	MA	$84,704	123
Northern Arizona University	AZ	$86,375	177
Northern Illinois University	IL	$119,872	206
Northwest Missouri State University	MO	$77,811	50
Northwest Nazarene University	ID	$95,317	45
Northwestern University	IL	$244,399	214
Northwood University	MI	$92,321	265
Norwich University	VT	$112,948	168
Notre Dame de Namur University	CA	$120,305	59
Nova Southeastern University	FL	$86,083	856
Oakland City University	IN	$101,855	44
Oakland University	MI	$122,437	91
Ohio Christian University	OH	$73,554	153
Ohio Dominican University	OH	$84,729	46
Ohio State University-Main Campus	OH	$139,427	277
Ohio University-Main Campus	OH	$119,976	462
Oklahoma City University	OK	$96,193	59
Oklahoma State University-Main Campus	OK	$111,874	116
Oklahoma Wesleyan University	OK	$84,951	39
Old Dominion University	VA	$108,161	48
Olivet Nazarene University	IL	$76,648	118
Oral Roberts University	OK	$71,241	31
Oregon State University	OR	$104,745	47
Ottawa University-Kansas City (reported together with 5 other campuses under one federal school ID)	KS	$84,083	48
Our Lady of the Lake University	TX	$80,366	117
Pacific Lutheran University	WA	$100,684	42
Palm Beach Atlantic University	FL	$72,925	42
Park University	MO	$85,049	256
Peirce College	PA	$83,777	42
Pennsylvania State University-Main Campus (reported together with 3 other campuses under one federal school ID)	PA	$127,665	406
Pennsylvania Western University	PA	$78,426	159
Pepperdine University	CA	$141,949	450
Pfeiffer University	NC	$90,839	80
Piedmont University	GA	$69,459	49
Plymouth State University	NH	$78,761	59
Point Loma Nazarene University	CA	$99,784	123
Point Park University	PA	$90,722	112
Portland State University	OR	$123,281	105
Prairie View A & M University	TX	$98,290	81
Providence College	RI	$120,118	124
Purdue University Global	IN	$71,228	441
Purdue University Northwest	IN	$88,461	67
Purdue University-Main Campus	IN	$132,747	153
Queens University of Charlotte	NC	$120,405	102
Quinnipiac University	CT	$109,384	263
Regent University	VA	$83,162	129
Regis University	CO	$91,772	322
Rice University	TX	$201,796	220
Rider University	NJ	$106,939	82
Robert Morris University	PA	$99,983	118
Roberts Wesleyan University	NY	$82,680	45
Rochester Institute of Technology	NY	$102,151	117
Rockhurst University	MO	$103,587	186
Rollins College	FL	$105,299	207
Roosevelt University	IL	$82,149	300
Roseman University of Health Sciences	NV	$143,873	106
Rosemont College	PA	$86,072	55
Rowan University	NJ	$105,113	72
Russell Sage College	NY	$78,852	50
Rutgers University-Camden (reported together with 2 other campuses under one federal school ID)	NJ	$155,535	586
Sacred Heart University	CT	$100,796	73
Saint Ambrose University	IA	$103,021	99
Saint Cloud State University	MN	$141,749	32
Saint Edward's University	TX	$102,725	123
Saint Francis University	PA	$71,900	31
Saint Leo University	FL	$82,551	929
Saint Louis University	MO	$110,691	100
Saint Martin's University	WA	$85,456	34
Saint Mary's College of California	CA	$161,500	137
Saint Mary's University of Minnesota	MN	$105,165	297
Saint Norbert College	WI	$99,392	31
Saint Xavier University	IL	$91,203	37
Salem University	WV	$64,997	104
Salisbury University	MD	$92,925	42
Salve Regina University	RI	$89,789	104
Sam Houston State University	TX	$99,143	89
Samford University	AL	$119,341	34
San Diego State University	CA	$120,682	93
San Francisco State University	CA	$131,094	56
Santa Clara University	CA	$195,995	105
Seattle University	WA	$132,795	167
Seton Hill University	PA	$79,722	70
Shenandoah University	VA	$91,996	40
Shepherd University	WV	$83,114	32
Shippensburg University of Pennsylvania	PA	$94,657	119
Shorter University	GA	$65,803	127
Siena Heights University	MI	$83,033	36
Simmons University	MA	$102,226	53
Sonoma State University	CA	$127,133	45
South University-Austin (reported together with 8 other campuses under one federal school ID)	TX	$74,209	181
Southeast Missouri State University	MO	$102,877	35
Southeastern Louisiana University	LA	$79,499	65
Southeastern Oklahoma State University	OK	$105,483	93
Southeastern University	FL	$76,932	90
Southern Arkansas University Main Campus	AR	$83,587	49
Southern Connecticut State University	CT	$96,254	73
Southern Illinois University Edwardsville	IL	$106,907	63
Southern Illinois University-Carbondale	IL	$103,860	48
Southern Methodist University	TX	$188,716	114
Southern Nazarene University	OK	$79,567	152
Southern New Hampshire University	NH	$95,086	2,663
Southern University and A & M College (reported together with 1 other campus under one federal school ID)	LA	$73,081	44
Southern Utah University	UT	$96,757	30
Southern Wesleyan University	SC	$83,798	54
Southwestern Oklahoma State University	OK	$78,703	38
Spring Arbor University	MI	$95,611	50
Springfield College (reported together with 1 other campus under one federal school ID)	MA	$69,170	39
St Bonaventure University	NY	$85,405	108
St Catherine University	MN	$105,176	63
St. John Fisher University	NY	$84,143	125
St. John's University-New York	NY	$96,932	186
St. Joseph's University-New York	NY	$97,012	76
St. Mary's University	TX	$96,034	49
St. Thomas University	FL	$79,955	87
Stanford University	CA	$261,816	212
State University of New York at Oswego	NY	$92,779	137
Stetson University	FL	$83,958	44
Stevens Institute of Technology	NJ	$121,825	58
Stockton University	NJ	$90,824	67
Stony Brook University	NY	$109,573	47
Stratford University	VA	$58,976	44
Strayer University-Alabama (reported together with 16 other campuses under one federal school ID)	AL	$76,080	3,047
Suffolk University	MA	$125,542	113
Sullivan University	KY	$81,643	161
SUNY Maritime College	NY	$104,501	69
Syracuse University	NY	$138,634	393
Tarleton State University	TX	$86,431	136
Temple University	PA	$155,271	413
Tennessee State University	TN	$87,602	44
Tennessee Technological University	TN	$96,302	93
Texas A & M International University	TX	$55,894	61
Texas A & M University-Corpus Christi	TX	$99,331	149
Texas A&M University-Central Texas	TX	$86,018	64
Texas A&M University-College Station	TX	$147,453	234
Texas A&M University-Kingsville	TX	$86,435	43
Texas A&M University-San Antonio	TX	$88,035	189
Texas A&M University-Texarkana	TX	$86,105	89
Texas Christian University	TX	$151,190	117
Texas Southern University	TX	$76,981	51
Texas State University	TX	$109,005	98
Texas Tech University	TX	$110,865	267
Texas Wesleyan University	TX	$98,202	32
Texas Woman's University	TX	$96,440	345
The College of Saint Rose	NY	$92,978	32
The New School	NY	$90,410	53
The University of Alabama	AL	$112,515	140
The University of Findlay	OH	$100,236	133
The University of Montana	MT	$91,218	65
The University of Tampa	FL	$107,130	103
The University of Tennessee-Chattanooga	TN	$106,796	134
The University of Tennessee-Knoxville	TN	$132,036	185
The University of Tennessee-Martin	TN	$99,532	48
The University of Texas at Arlington	TX	$115,427	124
The University of Texas at Austin	TX	$197,707	575
The University of Texas at Dallas	TX	$140,481	348
The University of Texas at El Paso	TX	$82,356	97
The University of Texas at San Antonio	TX	$109,260	180
The University of Texas at Tyler	TX	$103,302	463
Thomas College	ME	$79,227	60
Thomas Edison State University	NJ	$111,672	82
Thomas Jefferson University	PA	$92,407	79
Thomas More University	KY	$104,467	108
Touro University Worldwide	CA	$84,267	58
Trevecca Nazarene University	TN	$80,266	249
Trine University (reported together with 1 other campus under one federal school ID)	IN	$75,483	86
Trinity Washington University	DC	$91,234	40
Troy University	AL	$83,469	79
Tulane University of Louisiana	LA	$124,014	49
Tusculum University	TN	$76,151	42
Union University	TN	$99,874	56
Universidad Ana G. Mendez-Carolina Campus	PR	$44,131	60
Universidad Ana G. Mendez-Cupey Campus	PR	$48,368	182
Universidad Ana G. Mendez-Gurabo Campus	PR	$50,049	174
University at Albany	NY	$113,822	167
University at Buffalo	NY	$114,480	186
University of Akron Main Campus	OH	$108,489	53
University of Alabama at Birmingham	AL	$108,063	144
University of Alabama in Huntsville	AL	$102,853	52
University of Alaska Fairbanks	AK	$95,398	40
University of Arizona	AZ	$143,150	212
University of Arkansas	AR	$157,358	106
University of Arkansas at Little Rock	AR	$106,341	48
University of Arkansas Grantham	AR	$89,959	193
University of Baltimore	MD	$111,257	146
University of Bridgeport	CT	$88,084	56
University of California-Davis	CA	$155,416	155
University of California-Irvine	CA	$148,411	231
University of California-Los Angeles	CA	$223,358	705
University of California-Riverside	CA	$90,857	63
University of California-San Diego	CA	$149,271	99
University of Central Arkansas	AR	$88,939	53
University of Central Florida	FL	$94,283	71
University of Central Missouri	MO	$84,445	37
University of Central Oklahoma	OK	$91,003	45
University of Chicago	IL	$243,256	882
University of Cincinnati-Main Campus	OH	$126,287	149
University of Colorado Boulder	CO	$137,635	159
University of Colorado Colorado Springs	CO	$96,850	87
University of Colorado Denver/Anschutz Medical Campus	CO	$129,423	284
University of Connecticut	CT	$150,756	228
University of Dallas	TX	$111,746	167
University of Delaware	DE	$135,799	103
University of Denver	CO	$120,934	53
University of Detroit Mercy	MI	$94,382	61
University of Dubuque	IA	$80,776	133
University of Florida	FL	$137,404	799
University of Georgia	GA	$154,042	174
University of Hartford	CT	$126,408	186
University of Hawaii at Manoa	HI	$108,588	71
University of Houston	TX	$138,841	192
University of Houston-Clear Lake	TX	$100,281	117
University of Houston-Downtown	TX	$95,084	581
University of Houston-Victoria	TX	$106,719	182
University of Illinois Chicago	IL	$118,750	89
University of Illinois Springfield	IL	$102,886	30
University of Illinois Urbana-Champaign	IL	$151,907	224
University of Indianapolis	IN	$96,630	95
University of Iowa	IA	$139,677	294
University of Kansas	KS	$112,311	124
University of Louisiana at Lafayette	LA	$73,988	70
University of Lynchburg	VA	$80,099	31
University of Maine	ME	$106,958	30
University of Mary	ND	$92,462	188
University of Maryland Global Campus	MD	$107,843	1,772
University of Maryland-College Park	MD	$160,946	310
University of Massachusetts Global	CA	$92,027	72
University of Massachusetts-Amherst	MA	$165,473	349
University of Massachusetts-Boston	MA	$112,398	71
University of Massachusetts-Dartmouth	MA	$101,254	102
University of Massachusetts-Lowell	MA	$119,730	188
University of Memphis	TN	$113,843	130
University of Miami	FL	$128,052	195
University of Michigan-Ann Arbor	MI	$206,293	729
University of Michigan-Dearborn	MI	$142,710	53
University of Michigan-Flint	MI	$110,493	56
University of Minnesota-Twin Cities	MN	$162,817	475
University of Mount Olive	NC	$80,096	112
University of Nebraska at Omaha	NE	$114,582	112
University of Nebraska-Lincoln	NE	$138,487	112
University of Nevada-Las Vegas	NV	$114,535	97
University of Nevada-Reno	NV	$118,430	121
University of New Hampshire College of Professional Studies Online (reported together with 1 other campus under one federal school ID)	NH	$73,225	46
University of New Mexico-Main Campus	NM	$99,257	189
University of New Orleans	LA	$85,215	66
University of North Alabama	AL	$92,349	206
University of North Carolina at Chapel Hill	NC	$203,447	832
University of North Carolina at Charlotte	NC	$122,997	117
University of North Carolina at Greensboro	NC	$104,581	58
University of North Carolina at Pembroke	NC	$69,372	52
University of North Carolina Wilmington	NC	$118,289	47
University of North Dakota	ND	$126,170	32
University of North Florida	FL	$99,023	136
University of North Texas	TX	$106,253	137
University of Northwestern Ohio	OH	$71,831	57
University of Northwestern-St Paul	MN	$94,858	48
University of Oklahoma-Norman Campus	OK	$145,191	89
University of Oregon	OR	$106,412	236
University of Pennsylvania	PA	$272,321	356
University of Phoenix-Arizona (reported together with 4 other campuses under one federal school ID)	AZ	$80,622	3,133
University of Portland	OR	$100,242	43
University of Redlands	CA	$102,867	478
University of Rhode Island	RI	$108,248	85
University of Richmond	VA	$131,832	33
University of Rochester	NY	$138,177	212
University of Saint Francis-Fort Wayne	IN	$87,446	98
University of Saint Mary	KS	$93,978	140
University of San Diego	CA	$163,311	109
University of San Francisco	CA	$143,796	115
University of Scranton	PA	$118,200	97
University of Sioux Falls	SD	$86,706	91
University of South Carolina-Columbia	SC	$138,445	218
University of South Dakota	SD	$109,366	98
University of South Florida	FL	$112,594	322
University of Southern California	CA	$181,250	608
University of Southern Indiana	IN	$93,352	227
University of Southern Maine	ME	$94,721	52
University of Southern Mississippi	MS	$87,139	66
University of St Francis	IL	$87,471	72
University of St Thomas	MN	$149,456	211
University of St Thomas	TX	$93,386	88
University of the Cumberlands	KY	$76,452	57
University of the Incarnate Word	TX	$83,447	398
University of the Pacific	CA	$91,865	46
University of Toledo	OH	$97,241	58
University of Utah	UT	$144,680	331
University of Vermont	VT	$76,901	33
University of Virginia-Main Campus	VA	$224,229	322
University of Washington-Bothell Campus (reported together with 2 other campuses under one federal school ID)	WA	$194,296	456
University of West Florida	FL	$87,186	113
University of West Georgia	GA	$97,803	120
University of Wisconsin-Eau Claire	WI	$136,439	85
University of Wisconsin-Milwaukee	WI	$101,139	286
University of Wisconsin-Oshkosh	WI	$146,587	46
University of Wisconsin-Platteville	WI	$112,770	140
University of Wisconsin-River Falls	WI	$127,239	31
University of Wyoming	WY	$122,366	73
Upper Iowa University	IA	$94,026	123
Utah State University	UT	$112,070	164
Utica University	NY	$92,521	74
Valdosta State University	GA	$84,918	32
Vanderbilt University	TN	$190,365	183
Villanova University	PA	$160,428	398
Virginia Commonwealth University	VA	$116,932	104
Virginia Polytechnic Institute and State University	VA	$154,688	118
Viterbo University	WI	$91,559	72
Wake Forest University	NC	$135,677	294
Walden University	MN	$82,853	669
Waldorf University	IA	$76,173	160
Walsh College	MI	$114,835	285
Walsh University	OH	$97,184	86
Warner Pacific University (reported together with 1 other campus under one federal school ID)	OR	$74,829	39
Warner University	FL	$73,819	51
Washington State University	WA	$144,028	159
Washington University in St Louis	MO	$153,933	280
Wayland Baptist University	TX	$84,425	102
Wayne State College	NE	$86,631	30
Wayne State University	MI	$116,326	360
Waynesburg University	PA	$87,119	73
Weber State University	UT	$119,424	89
Webster University	MO	$90,950	1,049
Wesleyan College	GA	$73,260	50
West Liberty University	WV	$64,175	61
West Texas A & M University	TX	$124,819	301
West Virginia University	WV	$98,560	52
Western Carolina University	NC	$100,807	77
Western Governors University	UT	$98,950	4,579
Western Illinois University	IL	$85,221	46
Western Kentucky University	KY	$69,436	175
Western Michigan University	MI	$96,045	86
Western Washington University	WA	$97,723	44
Westminster University	UT	$119,269	87
Whitworth University	WA	$83,191	45
Wichita State University	KS	$118,940	65
Widener University	PA	$103,770	56
Wilkes University	PA	$95,365	56
Willamette University	OR	$101,544	82
William & Mary	VA	$125,353	401
William Jessup University	CA	$89,446	39
William Woods University	MO	$69,045	67
Wilmington University	DE	$95,899	35
Winthrop University	SC	$86,305	52
Woodbury University	CA	$86,351	61
Worcester Polytechnic Institute	MA	$154,407	42
Worcester State University	MA	$81,000	38
Wright State University-Main Campus	OH	$96,625	189
Xavier University	OH	$118,223	135
Yale University	CT	$234,034	324
Youngstown State University	OH	$101,077	64

See every school that awarded master's degrees in Business Administration, Management and Operations in 2023-24, including schools that do not report earnings, with the number of degrees awarded (IPEDS Completions).

Occupations O*NET associates with this field

Occupations that U.S. Department of Labor O*NET data links to Business Administration, Management and Operations programs, with each occupation's national median pay, projected job growth and yearly openings. They are listed in the order O*NET links them to this field; click a column heading to sort. This is a classification crosswalk, not evidence that graduates enter these jobs, and many of these occupations require more education, a license or experience beyond this credential. The figures describe the occupation, not the graduates of this major.

Career	Median pay, 2025	Projected growth, 2025–2035	Openings per year
Business Teachers, Postsecondary	$99,080	+5.9%	7,600
Managers, All Other	$141,900	+4.9%	100,900
Regulatory Affairs Managers	$141,900	+4.9%	100,900
Compliance Managers	$141,900	+4.9%	100,900
Loss Prevention Managers	$141,900	+4.9%	100,900
Wind Energy Operations Managers	$141,900	+4.9%	100,900
Wind Energy Development Managers	$141,900	+4.9%	100,900
Brownfield Redevelopment Specialists and Site Managers	$141,900	+4.9%	100,900
General and Operations Managers	$105,770	+5.0%	285,000
Administrative Services Managers	$114,130	+5.2%	22,000

Frequently asked questions

Does a master's degree in Business Administration, Management and Operations pay off?

Graduates with a master's degree in Business Administration, Management and Operations earn a median of $103,485 four years after graduating. Earnings four years out are early-career pay, and they vary widely by school, job and place. Compare the pay with the cost of your own school on its graduate earnings page.

How much do college graduates earn overall?

See earnings by education level and by state.

Do Business Administration, Management and Operations graduates work in their field?

The National Survey of College Graduates (2023) asked employed graduates whose highest degree is a master's in management and administration fields how closely their job relates to their degree. About 53% said closely related, 37% somewhat related and 10% not related (roughly 3.5 million graduates). This is a broad group of fields, not only Business Administration, Management and Operations, and a job outside the field is not a bad outcome by itself.

Closely relatedSomewhat relatedNot related

Source: U.S. National Science Foundation, National Center for Science and Engineering Statistics, National Survey of College Graduates, 2023 (Table 1-3, master's level, all occupations). Survey estimates, rounded by NSF. MajorPays selected and reorganized these figures; NSF has not approved or endorsed them.

Source: U.S. Dept. of Education, College Scorecard field-of-study data (June 2026 release), licensed under Creative Commons Attribution; careers from O*NET 31.0 by the U.S. Dept. of Labor, ETA, licensed under CC BY 4.0. Career pay, growth and openings: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025-2035). MajorPays has selected and reorganized these figures; neither agency has approved or endorsed them. O*NET® is a trademark of USDOL/ETA. MajorPays has modified all or some of the O*NET information; USDOL/ETA has not approved, endorsed, or tested these modifications. Earnings are for graduates who received federal financial aid and were working and not enrolled four years after finishing (graduates of academic years 2014-15 and 2015-16, in 2021 dollars; the debt figures are for graduates of 2018-19 and 2019-20); the data says nothing about how much a school added to its graduates' earnings.