Merchandising & Buying Operations

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Average Wage

$112,167

growing 2.15%

People in Workforce

12.5M

growing 2.33%

Average Employee Age

44.1

growing 0.119%

About

Business General Sales, Merchandising, & Marketing Operations

Information about the types of higher education institutions that grant degrees in Merchandising & Buying Operations and the types of students that study this field. undefined awards the most degrees in Merchandising & Buying Operations in the US, but Ocean County Vocational-Technical School and Washtenaw Community College have the highest percentage of degrees awarded in Merchandising & Buying Operations.

The most common sector, by number of institutions, that offers Merchandising & Buying Operations programs are Public, 2-year institutions (2 total). The most common sector, by number of degrees awarded, is Public, less-than 2-year (78 completions).

Specialized Colleges

Highest Concentration Institution

Ocean County Vocational-Technical School
23.7%
Washtenaw Community College
0.93%
University of North Texas
0.167%

Out of all institutions that offer Merchandising & Buying Operations programs and have at least 5 graduates in those programs, Ocean County Vocational-Technical School has the highest percentage of degrees awarded in Merchandising & Buying Operations, with 23.7%.

Degrees Awarded by County

Counties with the Most Degrees Awarded in Merchandising & Buying Operations

Ocean County, NJ
78 degrees awarded
Washtenaw County, MI
34 degrees awarded
Denton County, TX
21 degrees awarded

This map shows the counties in the United States colored by the highest number of degrees awarded in Merchandising & Buying Operations by year.

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 $112,167 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.

The industry that employs the most Business majors is Elementary & secondary schools, though the highest paying industry, by average wage, is Internet publishing, broadcasting & web search portals.

Yearly Income for Common Jobs

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

$112,167

Average Wage in Workforce

± $790

2.15%

1 Year Growth

± 0.984%

The average salary for Business majors is $112,167 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.

Highest Paying Locations

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations 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 Merchandising & Buying Operations is from the 2 Digit Course Business.

The most common occupations for Business majors, by number of employees, are Accountants & auditors, Other managers, and Financial managers.

Most Specialized

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

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

Highest Paid

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

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

Occupations by Share

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

12.5M

2024 Workforce

± 83,278

2.33%

1 Year Growth

± 0.925%

The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12.2M in 2023 to 12.5M in 2024.

The largest single share of Business graduates go on to work as Accountants & auditors (8.7%). 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 Merchandising & Buying Operations is from the 2 Digit Course Business.

The most common industries that employ Business majors, by number of employees, are Elementary & secondary schools, Computer Systems Design, and Accounting, tax preparation, bookkeeping & payroll services.

Highest Paid

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

The highest paying industries of Business majors, by average wage, are Internet publishing, broadcasting & web search portals, Securities, commodities, funds, trusts & other financial investments, and Oil & gas extraction.

Industries by Share

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

12.5M

2024 Workforce

± 83,278

2.33%

1 Year Growth

± 0.925%

The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12.2M in 2023 to 12.5M in 2024.

The industry which employs the most Business graduates by share is Elementary & secondary schools, followed by Computer Systems Design. This visualization shows the industries that hire those who major in Business.

Specialty Locations

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations 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 44.1.

N/A

Workforce Age

The closest comparable data for the 6 Digit Course Merchandising & Buying Operations is from the 2 Digit Course Business.

44.1

Average Age in 2024

± 0.0901 Years

0.119%

1 Year Change

± 0.289%

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

Skills

Data on the critical and distinctive skills necessary for those working in the Merchandising & Buying Operations field from the Bureau of Labor Statistics. Merchandising & Buying Operations majors need many skills, but most especially Negotiation. The revealed comparative advantage (RCA) shows that Merchandising & Buying Operations majors need more than the average amount of Management of Financial Resources, Management of Material Resources, and Negotiation.

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 Merchandising & Buying Operations 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 Management of Financial Resources is very distinctive for majors, but the Negotiation, Critical Thinking, and Persuasion are the three most important skills for people in the field.