by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how Central Michigan ranks compared to other colleges offering a major in business administration.
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Central Michigan is in the top 10% of the country for business administration. More specifically it was ranked #125 out of 1,604 schools by College Factual. It is also ranked #4 in Michigan.
During the 2021-2022 academic year, Central Michigan University handed out 231 bachelor's degrees in business administration & management. This is a decrease of 18% over the previous year when 280 degrees were handed out.
In 2022, 537 students received their master’s degree in business administration from Central Michigan. This makes it the #31 most popular school for business administration master’s degree candidates in the country.
The median salary of business administration students who receive their bachelor's degree at Central Michigan is $53,605. This is great news for graduates of the program, since this figure is higher than the national average of $45,741 for all business administration bachelor's degree recipients.
While getting their bachelor's degree at Central Michigan, business administration students borrow a median amount of $30,092 in student loans. This is higher than the the typical median of $21,553 for all business administration majors across the country.
The typical student loan payment of a bachelor's degree student from the business administration program at Central Michigan is $289 per month.
Part-time undergraduates at Central Michigan paid an average of $478 per credit hour in 2022-2023. This tuition was the same for both in-state and out-of-state students. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $13,862 | $13,862 |
| Fees | $450 | $450 |
| Books and Supplies | $1,240 | $1,240 |
| On Campus Room and Board | $12,178 | $12,178 |
| On Campus Other Expenses | $3,450 | $3,450 |
Learn more about Central Michigan tuition and fees.
Of the 231 business administration students who graduated with a bachelor's degree in 2021-2022 from Central Michigan, about 58% were men and 42% were women.
The majority of the students with this major are white. About 72% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Central Michigan University with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 26 |
| Hispanic or Latino | 18 |
| White | 166 |
| Non-Resident Aliens | 4 |
| Other Races | 14 |
Online degrees for the Central Michigan business administration bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Central Michigan Online Learning page.
Business Administration majors graduating with a master's degree from Central Michigan make a median salary of $77,865 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
The business administration program at Central Michigan awarded 405 master's degrees in 2021-2022. About 50% of these degrees went to men with the other 50% going to women.
The majority of the students with this major are white. About 73% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Central Michigan University with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 11 |
| Black or African American | 40 |
| Hispanic or Latino | 20 |
| White | 294 |
| Non-Resident Aliens | 20 |
| Other Races | 20 |
Take a look at the following statistics related to the make-up of the business administration majors at Central Michigan University.
| Related Major | Annual Graduates |
|---|---|
| Marketing | 132 |
| Human Resource Management | 126 |
| Finance & Financial Management | 77 |
| Hospitality Management | 62 |
| Management Information Systems | 59 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.