Business Administration — careers, salary, and MBA ROI
The most-taken business degree. What it actually opens, what it doesn't, and whether an MBA is worth it.
Career fit for business majors →What you'll study
Accounting, finance, marketing, operations, organisational behaviour, strategy, and typically a functional concentration.
Career paths
- Management consultant — $100–200K entry (Big-3), higher post-MBA
- Investment banking analyst — $110K base + bonus (US)
- Corporate finance analyst — $75K median
- Product manager — $130K median (tech companies)
- Marketing manager — $95K median
- Founder / entrepreneur — high variance
Is an MBA worth it?
Depends heavily on where and when. Top-10 US MBA (Harvard, Stanford, Wharton, etc.) typically pays back in 3-5 years. IIM A/B/C in India similar. Below top-50, the ROI often doesn't clear the opportunity cost. Do the math with actual pre-MBA and post-MBA salary numbers before committing.
Frequently asked questions
Which MBA program has the best ROI?
US: Stanford GSB, HBS, Wharton, Booth, MIT Sloan, Kellogg. India: IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB Hyderabad. Below top-15, run the numbers carefully.
Do I need an MBA to succeed in business?
No. Many senior business leaders don't have MBAs. An MBA is a career accelerator, not a requirement.
Careers this major opens
The US Department of Education maps Business Administration and Management, General (CIP 52.0201) to 23 Standard Occupational Classification codes. Salary and employment figures come from the US Bureau of Labor Statistics via O*NET; the AI-durability signal is our own composite score.
Sources: NCES CIP-2020 → SOC-2018 crosswalk · US Bureau of Labor Statistics (via O*NET) · WhatTNext Ai AI-durability score. Careers ranked by US employment volume.