Business Economics Major Details

Business Economics is a major in the Business field. It offers a high median lifetime income of $3.62 million. A low share of 33% of students go on to obtain a masters, doctorate, or professional degree after their bachelors. See data details here.

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Business Economics Majors’ Salary Over the Career

This figure shows median earnings by age for those who majored in Business Economics but have a bachelor’s degree only: “This Major (BA only)”, and those who majored in Business Economics but obtained a masters degree or higher: “This Major (Grad Degree)”. For reference, “All Majors (BA only)” contains the median income for all college graduates who have a bachelor’s degree only, and “All Majors (Grad Degree)” contains the median income for all college graduates who have a Master’s degree or higher.

DynamicIncome

This table highlights key outcomes for Business Economics majors, compared to averages for all college graduates.

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Top 10 Early-Career Occupations (Bachelor’s only)

These are the top occupations for Business Economics majors aged 25-35 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Business Economics majors aged 25-35 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Bachelor’s only)

These are the top occupations for Business Economics majors aged 45-55 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Business Economics majors aged 45-55 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Master’s Degree or higher)

These are the top occupations for Business Economics majors aged 45-55 who have completed graduate work (Masters, PhD, Professional Degree) and the median income they received in the occupation. The share indicates the percentage of Business Economics majors aged 45-55 with graduate degrees who worked in that occupation.


Top 10 Early-Career Industries

These are the top industries for Business Economics majors aged 25-35 and the median income they received in the industry. The share indicates the percentage of Business Economics majors aged 25-35 who worked in that industry.

Share Industry Income
9 Security, commodity brokerage, and investment companies 106,000
6 Banking 79,900
6 Computer and data processing services 103,000
5 Insurance 81,800
4 Accounting, auditing, and bookkeeping services 97,200
4 Management and public relations services 129,000
3 Credit agencies, n.e.c. 93,400
3 Real estate, including real estate-insurance offices 96,700
2 Colleges and universities 63,100
2 Legal services 107,000

Top 10 Mid-Career Industries

These are the top industries for Business Economics majors aged 45-55 and the median income they received in the industry. The share indicates the percentage of Business Economics majors aged 45-55 who worked in that industry.

Share Industry Income
6 Insurance 139,000
6 Security, commodity brokerage, and investment companies 195,000
5 Banking 151,000
5 N/A (not applicable) 0
5 Elementary and secondary schools 51,600
4 Computer and data processing services 166,000
3 Real estate, including real estate-insurance offices 104,000
3 Management and public relations services 117,000
3 Accounting, auditing, and bookkeeping services 120,000
3 Colleges and universities 97,700

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