Management Degree Average Salary

Many colleges across the United States offer management degree programs. These programs can be expensive, but the advantage is that after you graduate, you’ll be eligible to receive a much higher salary in this field. Just how much money you can make in this career field depends on a number of factors.

First, the type of job you get when you graduate can dictate the salary you’ll receive. According to PayScale, some of the management degree average salaries you can expect include the following:

  • General Operations Manager: $47,644 – $86,250
  • Construction Project Manager: $48,880 – $82,272
  • Human Resources Manger: $50,191 – $71,133
  • Retail Store Manager: $34,170 – $58,327
  • Office Manager: $35,069 – $47,941

Fields where demand is high, such as healthcare or environmental science, also demand high salaries. For these careers, your degree may have to be more specialized. Often, employers look for a specific degree, like healthcare management, rather than just a general management or business management degree.

Location also plays a major role. You can, in general, expect to make more money as a manager in any industry if you live in a city, rather than in a more rural area. However, keep in mind that living in a city also means cost of living is higher, so you’ll spend more money on rent, transportation, and other living expenses, so do your research to find out where you’ll profit most overall. Some of the states where you can expect higher management salaries, in general include the following:

  • California: $63,303
  • New York: $55,505
  • Texas: $52,938
  • Illinois: $52,420
  • Pennsylvania: $51,762

All of the above figures, for both job titles and locations, are based on the fact that you’d have a bachelor of science in management. You can earn even more if you get your master’s degree in the field. For example, with a master of science in management, you can expect to make an average of $58,410 as a starting salary, and even more with experience. In this field, it isn’t uncommon to make a six-figure salary, and even better, it isn’t uncommon to be eligible for fulfilling jobs where you can actually make a difference within your company and even within your community.

Keep in mind, though, that you can also get started with just an associate’s degree in management or a related field. These two-year degrees won’t make you eligible for the top jobs in your industry, but they will allow you to start working more quickly, and you have the options to go on for a higher degree in the future. Sometimes, employers will even pay for your advanced education.

How can you make even more money? With a degree in management, you already command a fairly high starting salary, but you can be eligible for more money by participating in certification programs specific to your industry for more specialized education. You can also earn more by being a model employee, which puts you at the head of the line for a promotion or pay raise.

The Best Online Degrees in Management

Ashford University
BABA in Business Mgmt
BA in Organizational Mgmt

Ashford University — The BA Business Administration in business management at Ashford University offers several specialization to incoming students, including Entrepreneurship, Finance, Human Resources Management, Information Systems, International Management, Logistics Management, Marketing, Operations Management, Project Management, and Public Administration. The BA in organizational management teaches the human side of managing organizations.
Click Here
Liberty University
BS in Business Management
MS in Management
MA in Mgmt & Leadership
MA in Human Services Mgmt

Liberty University — Liberty University is an independent, fundamentalist Baptist university in Virginia that has become a strong force in online and distance learning. Its online BS in business management program offers students a path to learning the basics of management in a variety of business settings. M.B.A. students can choose to concentrate in accounting, human resources, international business or leadership. There is also a specific MA in management & leadership program that prepares students for a variety of managerial roles.
Click Here
Walden University
BSBA in Management
MS in Management
MS in Sustainable Mgmt
MS in Global Management
More...

Walden University — Walden University offers a Bachelor of Science / Business Administration (BSBA) degree in management with a variety of concentrations to suit any field of interest, from finance to marketing. The MS in management also has a large number of specializations preparing students for today's job demands: sustainable management, global management, research strategies management, and leadership management. The PhD program in management similarly allows for practical specializations that will make any graduate's resume stand out.
Click Here
Click here to see more management degrees...

Looking for a management degree?

Fill out this short form below, and we'll help match you to an accredited college program that suits your interests, whether online- or campus-based.