For many students, a bachelor’s degree in business is an excellent investment toward their future. The study of business can lead to a lucrative career, but it also has one of the biggest ranges in salary potential of any major, according to PayScale, a compensation platform.
In its 2020–21 college salary report, PayScale said it was important for prospective business students to choose a school with a proven track record of preparing graduates for successful careers. The report identifies more than 1,000 institutions that offer a bachelor’s degree in business.
ThinkAdvisor pulled out the 20 schools with the highest mid-career salary potential for business majors — figured as 10 years on the job.
PayScale based its 2020–21 report on alumni compensation data representing 835 majors at 1,736 colleges and universities across the U.S. It noted that its ranking of schools that offer business degrees does not include salary data from alumni who later earned advanced degrees, including MBAs.
“Many business majors do go on to earn additional degrees, and that often increases earnings beyond those of graduates with only a bachelor’s degree, especially when the student attends a prestigious business school,” the report said.
See the gallery for the 20 colleges and universities in the U.S. whose business majors earn the highest mid-career salaries.
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