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 Millikin ranks compared to other colleges offering a major in business administration.
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The bachelor's program at Millikin was ranked #594 on College Factual's Best Schools for business administration list. It is also ranked #23 in Illinois.
During the 2021-2022 academic year, Millikin University handed out 36 bachelor's degrees in business administration & management. This is a decrease of 3% over the previous year when 37 degrees were handed out.
In 2022, 27 students received their master’s degree in business administration from Millikin. This makes it the #741 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 Millikin is $46,431. 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 Millikin, business administration students borrow a median amount of $38,056 in student loans. This is higher than the the typical median of $21,553 for all business administration majors across the country.
During the 2022-2023 academic year, part-time undergraduate students at Millikin paid an average of $1,000 per credit hour. No discount was available for in-state students. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $42,778 | $42,778 |
| Fees | $792 | $792 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $13,330 | $13,330 |
| On Campus Other Expenses | $2,100 | $2,100 |
Learn more about Millikin tuition and fees.
The business administration program at Millikin awarded 36 bachelor's degrees in 2021-2022. About 56% of these degrees went to men with the other 44% going to women.
The majority of the students with this major are white. About 67% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Millikin University with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 5 |
| Hispanic or Latino | 2 |
| White | 24 |
| Non-Resident Aliens | 2 |
| Other Races | 3 |
Online degrees for the Millikin 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 Millikin Online Learning page.
Business Administration majors graduating with a master's degree from Millikin make a median salary of $65,398 a year. This is less than what their typical peers from other schools make. Their median salary is $72,329.
Of the 22 students who earned a master's degree in Business Administration & Management from Millikin in 2021-2022, 68% were men and 32% were women.
The majority of master's degree recipients in this major at Millikin are white. In the most recent graduating class for which data is available, 64% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Millikin University with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 3 |
| Hispanic or Latino | 1 |
| White | 14 |
| Non-Resident Aliens | 2 |
| Other Races | 1 |
Take a look at the following statistics related to the make-up of the business administration majors at Millikin University.
| Related Major | Annual Graduates |
|---|---|
| Accounting | 13 |
| Finance & Financial Management | 8 |
| Management Information Systems | 7 |
| Marketing | 7 |
| International Business | 6 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.