According to the U.S. Census Bureau, people who have their bachelor’s degrees have an average salary of $51,206 per year, while those who have just a high school degree average $27,915 per year. That’s a difference of about $24,000 per year, and about $1 million over a lifetime. People who have their Master’s degrees make an average of $74,602 per year, which is a difference of almost $47,000 per year from those with only a high school diploma. By getting your online business degree you could earn more than you ever imagined.
People with an online bachelor’s degree or business degrees have varied income because of the many different areas of business where they are employed. The following are a few examples of the typical careers that people with online business degrees have.
Accountants and Auditors who have their business degrees on average make about $55,000. Starting salaries for these jobs range from less than $34,000 to more than $94,000 per year, depending on the amount of experience the candidate has, the location of the job, the size of the company, and if they have their business degree. The industries that employ the largest amounts of Accountants and Auditors include the local, state, and federal government, accounting and tax preparation firms, and company management.
Financial Analysts who have their online business degrees on average make about $67,000 per year. Overall, earnings in this job category can range from less than $40,000 to over $130,000 per year, depending on the location of the job, the size of the company they work for, and whether they have their business degree. The industries that employ the most Financial Analysts include Securities, Commodities and Brokerage firms, company management, and Insurance companies.
Personal Financial Analysts who have their online business degrees make around $66,000 per year on average. Salaries in this field can range from $32,000 to more than $145,000 per year, depending on the location of the job, the number of clients they have and whether they have their business degree. Personal Financial Analysts also make bonuses in addition to their regular salary. This is usually based on their performance for the year. Personal Financial Advisors sometimes charge hourly fees or have a base rate they charge their clients for their services. They can also receive a commission for the products they sell. All of these things can contribute significantly to their income.
Human Resources Managers and Specialists who have their online business degrees have an average salary of $82,000 per year. Salaries in this field range from less than $42,000 to more than $145,000 per year. Human Resources Managers and Specialist typically work for company management, management consulting firms, local and state government, and employment services. Salaries in this field can vary depending on the location, size of the company, education of the candidate, and level of experience.
Information Systems Managers with an online business degree average about $101,000 per year, although earnings vary depending on the level of expertise and responsibility the person has. Salaries range in this field from $52,000 to more than $129,000 per year. Information Systems Managers also receive bonuses, stock options, and other benefits that people in other careers don’t. Most Information Systems Managers work for software publishers, computer design companies, company management, and insurance companies.
Marketing, Advertising, Promotions, and Sales Managers with an online business degree earn about $80,000 per year on average. Starting salaries for business school grads in these fields average around $37,000 per year, but vary depending on the industry, amount of responsibility, educational background, size of the company, and location of the job. Most people in these fields work for auto dealers, company management, computer design firms, wholesale electronic brokers, and equipment and supplies wholesalers.