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 #134 out of 1,603 schools by College Factual. It is also ranked #3 in Michigan.
During the 2020-2021 academic year, Central Michigan University handed out 280 bachelor's degrees in business administration & management. This is a decrease of 21% over the previous year when 354 degrees were handed out.
In 2021, 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.
Business Administration majors who earn their bachelor's degree from Central Michigan go on to jobs where they make a median salary of $49,172 a year. This is great news for graduates of the program, since this figure is higher than the national average of $41,334 for all business administration bachelor's degree recipients.
Business Administration majors graduating with a master's degree from Central Michigan make a median salary of $70,324 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $63,566.
While getting their bachelor's degree at Central Michigan, business administration students borrow a median amount of $28,000 in student loans. This is higher than the the typical median of $26,545 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.
Take a look at the following statistics related to the make-up of the business administration majors at Central Michigan University.
Of the 280 business administration students who graduated with a bachelor's degree in 2020-2021 from Central Michigan, about 59% were men and 41% were women.
The majority of the students with this major are white. About 75% of 2021 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 | 7 |
| Black or African American | 33 |
| Hispanic or Latino | 9 |
| White | 209 |
| Non-Resident Aliens | 5 |
| Other Races | 17 |
For the most recent academic year available, 55% of business administration master's degrees went to men and 45% went to women.
The majority of the students with this major are white. About 68% of 2021 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 | 14 |
| Black or African American | 76 |
| Hispanic or Latino | 27 |
| White | 366 |
| Non-Resident Aliens | 25 |
| Other Races | 29 |
| Related Major | Annual Graduates |
|---|---|
| Human Resource Management | 180 |
| Marketing | 145 |
| Finance & Financial Management | 92 |
| Accounting | 82 |
| Hospitality Management | 77 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.
