Business Statistics

Stem Major

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Total Degrees
Awarded in 2022

4,333

growing 0.885%

Median In-State
Public Tuition

$9,790

growing 1.89%

Median Out-of-State
Private Tuition

$43,520

growing 3.01%

Average Wage

$105,798

growing 8.23%

People in Workforce

11.9M

growing 2.36%

Average Employee Age

43.9

growing 0.00756%

About

In 2022, the locations with a relatively high number of Business Statistics degree recipients are Hoboken, NJ, Waltham, MA, and Seguin, TX. The most common degree awarded to students studying Business Statistics is a masters degree.

Business Management Sciences & Quantitative Methods

Institutions

Information about the types of higher education institutions that grant degrees in Business Statistics and the types of students that study this field. Johns Hopkins University awards the most degrees in Business Statistics in the US, but Bentley University (164739) and Westcliff University have the highest percentage of degrees awarded in Business Statistics.

Tuition costs for Business Statistics majors are, on average, $9,790 for in-state public colleges, and $43,520 for out of state private colleges.

The most common sector, by number of institutions, that offers Business Statistics programs are Private not-for-profit, 4-year or above institutions (66 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (2,851 completions).

Institutions

Institution with the Most Degrees Awarded in Business Statistics (2022)

Johns Hopkins University
503 degrees awarded
Washington University in St Louis
329 degrees awarded
Southern New Hampshire University
297 degrees awarded

The most common sector, by number of degrees awarded in Business Statistics, is Private not-for-profit, 4-year or above (2,851 completions in 2022).

The following chart shows the share of universities that offer Business Statistics programs, by the total number of completions, colored and grouped by their sector.

Tuition Costs for Common Institutions

$9,790

Median In-State Public

$43,520

Median Out of State Private

Johns Hopkins University has the most Business Statistics degree recipients, with 503 degrees awarded in 2022.

The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Business Statistics.

Specialized Colleges

Highest Concentration Institution

Out of all institutions that offer Business Statistics programs and have at least 5 graduates in those programs, Bentley University (164739) has the highest percentage of degrees awarded in Business Statistics, with 8.1%.

Degrees Awarded by County

Counties with the Most Degrees Awarded in Business Statistics

Baltimore city, MD
503 degrees awarded
St. Louis County, MO
380 degrees awarded
Merrimack County, NH
302 degrees awarded

This map shows the counties in the United States colored by the highest number of degrees awarded in Business Statistics by year.

Growth in Awarded Degrees

Counties with the Fastest Growing Number of Degrees Awarded

This map shows the counties in the United States colored by the highest growth in degrees awarded for Business Statistics.

Employment

Information on the businesses and industries that employ Business graduates and on wages and locations for those in the field.

The average salary for Business majors is $105,798 and the most common occupations are .

The industry that employs the most Business majors is false, though the highest paying industry, by average wage, is N/A.

Yearly Income for Common Jobs

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

$105,798

Average Wage in Workforce

± $772

8.23%

1 Year Growth

± 0.957%

The average salary for Business majors is $105,798 and the most common occupations are .

This chart shows the average annual salaries of the most common occupations for Business majors.

Highest Paying Locations

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

Highest Paying Pumas

This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Business majors.

Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.

Most Common

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

The most common occupations Business majors, by number of employees, are .

Most Specialized

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

Compared to other majors, there are an unusually high number of Business majors working as .

Highest Paid

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

The highest paid occupations by median income for Business majors are .

Occupations by Share

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

11.9M

2022 Workforce

± 81,438

2.36%

1 Year Growth

± 0.948%

The number of Business graduates in the workforce has been growing at a rate of 2.36%, from 11.7M in 2021 to 11.9M in 2022.

The largest single share of Business graduates go on to work as false (0%). This chart shows the various jobs filled by those with a major in Business by share of the total number of graduates.

Most Common

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

The most common industries that employ Business majors, by number of employees, are .

Highest Paid

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

The highest paying industries of Business majors, by average wage, are .

Industries by Share

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

11.9M

2022 Workforce

± 81,438

2.36%

1 Year Growth

± 0.948%

The number of Business graduates in the workforce has been growing at a rate of 2.36%, from 11.7M in 2021 to 11.9M in 2022.

The industry which employs the most Business graduates by share is N/A, followed by N/A. This visualization shows the industries that hire those who major in Business.

Specialty Locations

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Business majors.

Diversity

Demographic information for those who earn a degree in Business in the United States.

The average age of a person in the workforce with a degree in Business is 43.9.

The most common degree type these workers hold is a Masters Degree. Male employees are more likely to hold Business degrees, and Non-resident Alien students are the most common race/ethnicty group awarded degrees in Business (1,946 students).

Workforce Age

The closest comparable data for the 6 Digit Course Business Statistics is from the 2 Digit Course Business.

43.9

Average Age in 2022

± 0.0912 Years

0.00756%

1 Year Change

± 0.294%

This chart shows distribution of ages for employees with a degree in Business. The most common ages of employees with this major are false and false years old, which represent NaNM% and NaNM% of the population, respectively.

Degrees Awarded

The most common degree types awarded to students graduating in Business Statistics are Masters Degree, Bachelors Degree, and Postbaccalaureate Certificate.

Sex Imbalance for Common Institutions

Male (52.6%)

Most Common Sex with a Degree in this Field

This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Business Statistics.

Race & Ethnicity by Degrees Awarded

Most Common Race or Ethnicity

Non-resident Alien
1,946 degrees awarded
White
1,462 degrees awarded
Asian
333 degrees awarded

This chart shows the number of degrees awarded in Business Statistics for each race & ethnicity. Non-resident Alien students earned the largest share of the degrees with this major.

Race & Ethnicity by Sex

Most Common Race/Ethnicity and Sex Combination

N/A
N/A degrees awarded
N/A
N/A degrees awarded
N/A
N/A degrees awarded

This chart illustrates the differences by sex for each race & ethnicity of N/A recipients in Business Statistics.

N/A students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.

Skills

Data on the critical and distinctive skills necessary for those working in the Business Statistics field from the Bureau of Labor Statistics. Business Statistics majors need many skills, but most especially Mathematics. The revealed comparative advantage (RCA) shows that Business Statistics majors need more than the average amount of Programming, Mathematics, and Science.

These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Business Statistics majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Programming is very distinctive for majors, but the Mathematics, Reading Comprehension, and Critical Thinking are the three most important skills for people in the field.

Radar Distribution

Bar Chart

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