by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. Also, learn how UMCP ranks among other schools offering degrees in business administration.
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In College Factual's most recent rankings for the best schools for business administration majors, UMCP came in at #23. This puts it in the top 5% of the country in this field of study. It is also ranked #1 in Maryland.
During the 2021-2022 academic year, University of Maryland - College Park handed out 234 bachelor's degrees in business administration & management. This is an increase of 14% over the previous year when 205 degrees were handed out.
In 2022, 403 students received their master’s degree in business administration from UMCP. This makes it the #53 most popular school for business administration master’s degree candidates in the country.
Business Administration majors who earn their bachelor's degree from UMCP go on to jobs where they make a median salary of $65,842 a year. 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 UMCP, business administration students borrow a median amount of $47,848 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 UMCP is $487 per month.
In 2022-2023, the average part-time undergraduate tuition at UMCP was $1,613 per credit hour for out-of-state students. The average for in-state students was $412 per credit hour. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $9,889 | $38,690 |
| Fees | $1,616 | $1,616 |
| Books and Supplies | $1,250 | $1,250 |
| On Campus Room and Board | $15,416 | $15,416 |
| On Campus Other Expenses | $2,714 | $2,714 |
Learn more about UMCP tuition and fees.
For the most recent academic year available, 55% of business administration bachelor's degrees went to men and 45% went to women.
The majority of the students with this major are white. About 58% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Maryland - College Park with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 29 |
| Black or African American | 8 |
| Hispanic or Latino | 34 |
| White | 136 |
| Non-Resident Aliens | 4 |
| Other Races | 23 |
Online degrees for the UMCP 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 UMCP Online Learning page.
Graduates of the master's business administration program at UMCP make a median salary of $125,159. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
In the 2021-2022 academic year, 403 students earned a master's degree in business administration from UMCP. About 42% of these graduates were women and the other 58% were men.
The following table and chart show the ethnic background for students who recently graduated from University of Maryland - College Park with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 41 |
| Black or African American | 41 |
| Hispanic or Latino | 13 |
| White | 135 |
| Non-Resident Aliens | 45 |
| Other Races | 128 |
Take a look at the following statistics related to the make-up of the business administration majors at University of Maryland - College Park.
| Related Major | Annual Graduates |
|---|---|
| Finance & Financial Management | 423 |
| Management Sciences & Quantitative Methods | 295 |
| Marketing | 252 |
| Accounting | 213 |
| General Business/Commerce | 39 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.