by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. In addition, we cover how Texas Tech ranks in comparison to other schools with business administration programs.
Jump to any of the following sections:
In College Factual's most recent rankings for the best schools for business administration majors, Texas Tech came in at #69. This puts it in the top 5% of the country in this field of study. It is also ranked #5 in Texas.
| Ranking Type | Rank |
|---|---|
| Best Business Administration & Management Bachelor’s Degree Schools | 44 |
| Best Business Administration & Management Schools | 69 |
During the 2021-2022 academic year, Texas Tech University handed out 456 bachelor's degrees in business administration & management. This is an increase of 10% over the previous year when 416 degrees were handed out.
The median salary of business administration students who receive their bachelor's degree at Texas Tech is $53,528. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
While getting their bachelor's degree at Texas Tech, business administration students borrow a median amount of $41,042 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 Texas Tech is $445 per month.
Out-of-state part-time undergraduates at Texas Tech paid an average of $718 per credit hour in 2022-2023. The average for in-state students was $298 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $8,935 | $21,534 |
| Fees | $2,917 | $2,917 |
| Books and Supplies | $1,200 | $1,200 |
| On Campus Room and Board | $10,460 | $10,460 |
| On Campus Other Expenses | $4,510 | $4,510 |
Learn more about Texas Tech tuition and fees.
Of the 456 students who earned a bachelor's degree in Business Administration & Management from Texas Tech in 2021-2022, 69% were men and 31% were women.
The majority of bachelor's degree recipients in this major at Texas Tech are white. In the most recent graduating class for which data is available, 63% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 9 |
| Black or African American | 13 |
| Hispanic or Latino | 123 |
| White | 286 |
| Non-Resident Aliens | 9 |
| Other Races | 16 |
Online degrees for the Texas Tech 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 Texas Tech Online Learning page.
Graduates of the master's business administration program at Texas Tech make a median salary of $75,666. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Take a look at the following statistics related to the make-up of the business administration majors at Texas Tech University.
| Related Major | Annual Graduates |
|---|---|
| Marketing | 404 |
| Finance & Financial Management | 367 |
| Accounting | 351 |
| General Business/Commerce | 340 |
| Management Sciences & Quantitative Methods | 64 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.