How much is a business degree worth?
A recent study by McKinsey & Co. found that a Bachelor of Business Administration degree is worth $40,000 to $80,000.
McKinsey estimated that the value of the Bachelor of Science in Entrepreneurship, also known as an entrepreneurship degree, is around $60,000, or about $8,000 per year.
That means the value per hour of labor is $1,000-$2,000 in most cases.
That works out to about $10,000 for an hour of work per year, and the value is even greater if you take into account all of the benefits of a degree, such as: a better job market, higher salary prospects, better benefits like health care and retirement, a higher level of job security, higher earnings potential, and higher living standards.
But the value varies greatly depending on the degree.
Business schools offer degrees in everything from finance to accounting to marketing to psychology.
Some degree programs are taught by professionals who have gone on to become successful entrepreneurs.
In other fields, the value may vary significantly depending on how many students take the program.
McKinseys research found that students who attend business schools typically earn about $30,000 annually after accounting for all of their tuition and fees.
McKinseys research also found that the median salary for a business major was $65,000 a year.
In addition to paying for college, the majority of students earn some kind of income through internships or freelance work.
The vast majority of business majors, however, will not earn a living wage, so many students end up working part time in order to pay for school and the costs associated with it.
If you’re looking to get a business education, here are the types of programs that are the most lucrative.
McKinsel’s research found a median starting salary for business majors was $58,000 and they’re more likely to earn more than $100,000 after accounting the value that you add to your paycheck over time.
The top three most lucrative degree programs include: Business Administration (BA) at the University of Pennsylvania.
Students at the business school earn an average of $66,000 before taxes.
That’s $6,000 more than the average starting salary of $58.50 per hour.