STUDENT LIFE / DEC. 22, 2014
version 3, draft 3

Redefining the Business Degree – Infographic

business degree

A graduate business degree has become increasingly relevant in today’s fierce job market. Not only does such a degree prepare graduates for leadership positions, increased earning potential and career advancement, but in the near future the majority of management and business positions will require education beyond the high school diploma.

Here are some of the most staggering facts about business degrees:

-   The average salary for business major graduates amounted to $54,234 over 2012.

-   3.3 million job openings  will emerge in the management and business sector at all levels through 2018.

-   Almost half of business graduates (44%) landed their first job within the first 6 months of graduating.

Which positions are expected to see growth through 2020?

Position

Percentage of Growth

Financial analysts

 

23%

Human resource specialists

21%

Accountants and auditors

16%

Medical and health service managers

22%

 

Top 5 Business majors that will see salary growth

Business major

Salary growth

Marketing

+2.7%

Business administration

+2.3%

Finance

+2.1%

Accounting

+1.8%

Economics

+1.7%

 

The more education, the more opportunities

In the previous years (2011-12), there was a significant increase (24%) in job opportunities for MBA graduates. Now, MBA degree holders have 6.4% more chance to get employed, compared to 7% of Bachelor degree holders.

Find out more about the value and relevance of business degrees and MBA programs. What are the most lucrative business positions, industries and companies hiring business graduates as well as what small businesses offer these graduates in this infographic provided by What Degree Should I Get. 

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