Despite high rates of unemployment, business school graduates have been able to rely on their degrees to find economic security. Even when unemployment rates in the US hit an all-time high of 9.9 percent, those with degrees in the business field were facing rates as low as 4.4 percent.
Three-fifths of the most hirable college majors are within the business field, including business, economics and accounting. Reflecting this, 44 percent of business graduates have been able to get their first job within six months of graduating.
Not only has the business field been safe from high unemployment rates, but the annual salaries of those in business have increased more than those in any other field. Business salaries grew an average of 2.2 percent between 2011 and 2012 and the median starting salary of someone with a Master of Business Administration is 90,000 dollars.
In this infographic, New England College shows the growth of the business field in the last several years in order to present the advantages of pursuing a degree in business.
Comments