Business Statistics
Stem Major
Add ComparisonIn 2023, the locations with the highest concentration of Business Statistics degree recipients are Baltimore, MD, South Hooksett, NH, and Los Angeles, CA. In 2023, the locations with a relatively high number of Business Statistics degree recipients are West Haven, CT, Hoboken, NJ, and Seguin, TX. The most common degree awarded to students studying Business Statistics is a masters degree.
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 and University of New Haven have the highest percentage of degrees awarded in Business Statistics.
Tuition costs for Business Statistics majors are, on average, $9,889 for in-state public colleges, and $45,050 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 (68 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (3,198 completions).
The most common sector, by number of degrees awarded in Business Statistics, is Private not-for-profit, 4-year or above (3,198 completions in 2023).
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.
Johns Hopkins University has the most Business Statistics degree recipients, with 519 degrees awarded in 2023.
The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Business Statistics.
Out of all institutions that offer Business Statistics programs and have at least 5 graduates in those programs, Bentley University has the highest percentage of degrees awarded in Business Statistics, with 8.25%.
This map shows the counties in the United States colored by the highest number of degrees awarded in Business Statistics by year.
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 $109,808 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.
The industry that employs the most Business majors is uninformed, though the highest paying industry, by average wage, is Securities, commodities, funds, trusts & other financial investments.
The average salary for Business majors is $109,808 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.
This chart shows the average annual salaries of the most common occupations for Business majors.
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.
The most common occupations for Business majors, by number of employees, are Accountants & auditors, Other managers, and Financial managers.
Compared to other majors, there are an unusually high number of Business majors working as Accountants & auditors, Financial examiners, and Financial analysts.
The highest paid occupations by median income for Business majors are Surgeons, Physicians, and Nuclear medicine technologists and medical dosimetrists.
The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12M in 2022 to 12.2M in 2023.
The largest single share of Business graduates go on to work as Accountants & auditors (8.91%). This chart shows the various jobs filled by those with a major in Business by share of the total number of graduates.
The most common industries that employ Business majors, by number of employees, are uninformed, Elementary & secondary schools, and Computer Systems Design.
The highest paying industries of Business majors, by average wage, are Securities, commodities, funds, trusts & other financial investments, Oil & gas extraction, and Computer & peripheral equipment manufacturing.
The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12M in 2022 to 12.2M in 2023.
The industry which employs the most Business graduates by share is uninformed, followed by Elementary & secondary schools. This visualization shows the industries that hire those who major in Business.
This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population 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.
This chart shows distribution of ages for employees with a degree in Business. The most common ages of employees with this major are 40 and 39 years old, which represent 2.68% and 2.6% of the population, respectively.
The most common degree types awarded to students graduating in Business Statistics are Masters Degree, Bachelors Degree, and Postbaccalaureate Certificate.
The most common degree types held by the working population in Business are Bachelors Degree, Masters Degree, and Professional degree.
This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Business Statistics.
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.
This chart illustrates the differences by sex for each race & ethnicity of Masters Degree recipients in Business Statistics.
Non-resident Alien Female students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.
There are a relatively high number of people that were born in Singapore that hold Business degrees (2.55 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is India (181,180 degree recipients).
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 Operations Analysis.
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.
