Best paying jobs for Business Administration and Management -MBA - Updated 2020

Top executives are expected to face very strong competition for jobs. The high pay and prestige associated with these positions attract many qualified applicants. Those with an advanced degree and extensive managerial experience will have the best job prospects.
Job Title 2018 median Pay Education Number of Jobs Job Outlook What they do
Computer and Information Systems Managers $142,530 Bachelor's degree 367,600 Employment of computer and information systems managers is projected to grow 12 percent from 2016 to 2026, faster than the average for all occupations. Demand for computer and information systems managers will grow as firms increasingly expand their business to digital platforms. Computer and information systems managers, often called information technology (IT) managers or IT project managers, plan, coordinate, and direct computer-related activities in an organization. They help determine the information technology goals of an organization and are responsible for implementing computer systems to meet those goals.
Marketing Managers $132,620 Bachelor's degree 249,600 Overall employment of advertising, promotions, and marketing managers is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. Advertising, promotions, and marketing campaigns will continue to be essential for organizations as they seek to maintain and expand their share of the market. Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members.
Financial Managers $127,990 Bachelor's degree 580,400 Employment of financial managers is projected to grow 19 percent from 2016 to 2026, much faster than the average for all occupations. Several core functions of financial managers, including risk management and cash management, are expected to be in high demand over the next decade. Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.
Sales Managers $124,220 Bachelor's degree 385,500 Employment of sales managers is projected to grow 7 percent from 2016 to 2026, about as fast as the average for all occupations. Employment growth of these managers will depend primarily on growth or contraction in the industries that employ them. Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives.
Natural Sciences Managers $123,860 Bachelor's degree 56,700 Employment of natural sciences managers is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. Employment growth should be affected by many of the same factors that affect employment growth for the scientists whom these managers supervise. Natural sciences managers supervise the work of scientists, including chemists, physicists, and biologists. They direct activities related to research and development, and coordinate activities such as testing, quality control, and production.
Compensation and Benefits Managers $121,010 Bachelor's degree 15,800 Employment of compensation and benefits managers is projected to grow 5 percent from 2016 to 2026, about as fast as the average for all occupations. Competition for jobs is expected to be strong. Compensation and benefits managers plan, develop, and oversee programs to compensate employees.
Human Resources Managers $113,300 Bachelor's degree 136,100 Employment of human resources managers is projected to grow 9 percent from 2016 to 2026, about as fast the average for all occupations. As new companies form and organizations expand their operations, they will need human resources managers to oversee and administer their programs and to ensure that firms adhere to changing and complex employment laws. Strong competition can be expected for most positions. Human resources managers plan, direct, and coordinate the administrative functions of an organization. They oversee the recruiting, interviewing, and hiring of new staff; consult with top executives on strategic planning; and serve as a link between an organization’s management and its employees.
Training and Development Managers $111,340 Bachelor's degree 34,500 Employment of training and development managers is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. Job prospects should be favorable due to the constant need for workplace training and education. Training and development managers oversee staff and plan, direct, and coordinate programs to enhance the knowledge and skills of an organization’s employees.
Chief Executives $104,980 Bachelor's degree 2,572,000 Overall employment of top executives is projected to grow 8 percent from 2016 to 2026, about as fast as the average for all occupations. Employment growth will vary by occupation and industry, and is largely dependent on the rate of industry growth. Top executives are expected to face very strong competition for jobs. Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.
Economists $104,340 Master's degree 21,300 Employment of economists is projected to grow 6 percent from 2016 to 2026, about as fast as the average for all occupations. Job prospects should be best for those with a master’s degree or Ph.D., strong analytical skills, and experience using statistical analysis software. Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues.
Industrial Production Managers $103,380 Bachelor's degree 170,600 Employment of industrial production managers is projected to show little or no change from 2016 to 2026. Most of these managers are employed in various manufacturing industries, and may experience growth or decline along with the industries in which they are employed. Industrial production managers oversee the daily operations of manufacturing and related plants. They coordinate, plan, and direct the activities used to create a wide range of goods, such as cars, computer equipment, or paper products.
Actuaries $102,880 Bachelor's degree 23,600 Employment of actuaries is projected to grow 22 percent from 2016 to 2026, much faster than the average for all occupations. However, because it is a small occupation, the fast growth will result in only about 5,300 new jobs over the 10-year period. Actuaries will be needed to develop, price, and evaluate a variety of insurance products and calculate the costs of new, emerging risks. Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk of potential events, and they help businesses and clients develop policies that minimize the cost of that risk. Actuaries’ work is essential to the insurance industry.
Administrative Services Managers $96,180 Bachelor's degree 281,700 Employment of administrative services managers is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. Tasks such as managing facilities and being prepared for emergencies will remain important in a wide range of industries. Administrative services managers plan, direct, and coordinate supportive services of an organization. Their specific responsibilities vary, but administrative service managers typically maintain facilities and supervise activities that include recordkeeping, mail distribution, and office upkeep.
Construction Managers $93,370 Bachelor's degree 403,800 Employment of construction managers is projected to grow 11 percent from 2016 to 2026, faster than the average for all occupations. Construction managers are expected to be needed to oversee the anticipated increase in construction activity over the coming decade. Those with a bachelor’s degree in construction science, construction management, or civil engineering, coupled with construction experience, will have the best job prospects. Construction managers plan, coordinate, budget, and supervise construction projects from start to finish.
Personal Financial Advisors $88,890 Bachelor's degree 271,900 Employment of personal financial advisors is projected to grow 15 percent from 2016 to 2026, much faster than the average for all occupations. As the population ages and life expectancies rise, demand for financial planning services should increase. Personal financial advisors provide advice on investments, insurance, mortgages, college savings, estate planning, taxes, and retirement to help individuals manage their finances.
Financial Analysts $85,660 Bachelor's degree 296,100 Employment of financial analysts is projected to grow 11 percent from 2016 to 2026, faster than the average for all occupations. A growing range of financial products and the need for in-depth knowledge of geographic regions are expected to lead to strong employment growth. Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
Computer Programmers $84,280 Bachelor's degree 294,900 Employment of computer programmers is projected to decline 7 percent from 2016 to 2026. Computer programming can be done from anywhere in the world, so companies sometimes hire programmers in countries where wages are lower. Computer programmers write and test code that allows computer applications and software programs to function properly. They turn the program designs created by software developers and engineers into instructions that a computer can follow.
Management Analysts $83,610 Bachelor's degree 806,400 Employment of management analysts is projected to grow 14 percent from 2016 to 2026, faster than the average for all occupations. Demand for the services of these workers should grow as organizations continue to seek ways to improve efficiency and control costs. Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.
Operations Research Analysts $83,390 Bachelor's degree 114,000 Employment of operations research analysts is projected to grow 27 percent from 2016 to 2026, much faster than the average for all occupations. As technology advances and companies seek efficiency and cost savings, demand for operations research analysis should continue to grow. Operations research analysts use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions.
Financial Examiners $80,180 Bachelor's degree 52,500 Employment of financial examiners is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. Financial examiners will be in demand as financial institutions seek help with federal regulatory compliance. Financial examiners ensure compliance with laws governing financial institutions and transactions. They review balance sheets, evaluate the risk level of loans, and assess bank management.