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For those looking to accelerate their careers in business, a graduate degree offers significant advantages, including specialized expertise and enhanced leadership skills. With fields such as finance, data analytics, and human resource management in high demand, master’s programs in these areas equip students with the qualifications needed for some of the highest-paying roles in business.

This guide highlights top business master’s degrees, each designed to provide the skills and knowledge that employers value most. Whether you’re a recent graduate or an experienced professional, these programs can open doors to influential roles and provide a pathway to long-term career growth.

What is a Master of Science Degree in Business?

A Master of Science (MS) degree in business is a graduate-level program that provides an in-depth focus on a specialized area within the field, such as finance, data analytics, or human resources. Unlike an MBA, which offers a broad, generalist approach to business education, an MS degree typically dives deeper into technical skills, analytical methods, and field-specific knowledge. These programs often attract individuals who are looking to develop expertise in a particular area of business, preparing them for roles that require advanced technical skills and subject matter expertise.

MS programs generally range from one to two years of full-time study and are tailored to the needs of the modern business world, emphasizing data-driven decision-making, leadership, and adaptability. With the growing emphasis on specialization in many industries, an MS degree can be an asset for professionals aiming to stand out in their field.

What are the benefits of earning a graduate degree in business?

Earning a graduate degree in business can provide valuable benefits for those focused on career advancement and skill specialization. Here are some of the main advantages:

• Expanded career opportunities: Graduate business degrees often open doors to senior management and leadership roles that may be challenging to access with only a bachelor’s degree. An advanced degree can accelerate your career growth and lead to executive positions.
• Increased earning potential: Many business sectors—especially finance, analytics, and management—offer significant salary increases for those with graduate degrees. In competitive job markets, having an advanced credential can make a meaningful difference in your earning potential.
• Networking and mentorship: Graduate programs often offer unique opportunities for networking, mentorship, and partnerships with business leaders. Building relationships with industry professionals, faculty, and fellow students can provide support and guidance throughout your career.
• Skill development and specialization: Business master’s programs are designed to help students develop expertise in specific areas, from risk management to marketing analytics. This focus allows you to build high-value skills that align with your career goals and the demands of today’s job market.
• Global perspective and practical experience: Many programs integrate case studies, internships, and real-world projects, giving students hands-on experience. The opportunity to work with a diverse cohort of students and faculty can broaden your perspective and approach to business challenges.

What are the best-paying graduate business degrees?

If you’re ready to take your career to the next level and unlock new opportunities, then choosing a high-paying graduate business degree can be a powerful step forward. Each program highlighted here can lead to impactful and rewarding roles by equipping you with specialized, high-demand skills. Whether you’re passionate about finance, data analytics, or strategic management, these degrees offer a clear path toward meaningful work and a promising future.

1. Business Administration, BBA/MBA and MBA/JD (Dual Degree Options)

The BBA/MBA and MBA/JD are among the best business master’s degrees for students seeking comprehensive expertise in business and law.

The combined BBA/MBA program offers a streamlined path for students to earn both undergraduate and graduate business degrees, ideal for those aiming to gain comprehensive business expertise in a shorter time frame. The MBA/JD program allows students to combine advanced business education with a legal degree, providing them with versatile skills suited for leadership in complex industries that require business acumen and legal insight.

At 91��Ƶ, dual degree options such as the BBA/MBA and MBA/JD provide a fast-tracked educational path. In the BBA/MBA program, students complete 108 undergraduate credits before progressing to a 39-credit MBA, with a choice of 11 undergraduate majors and 11 MBA concentrations. The MBA/JD, in partnership with 91��Ƶ’s Elisabeth Haub School of Law, allows students to earn both degrees in just four years, blending critical business and legal education.

2. Accounting Data Analytics and Technology, MS

The MS in Accounting Data Analytics and Technologies stands out as one of the best graduate degrees for business majors interested in finance and data, integrating traditional accounting with data science and preparing students for roles in auditing, financial analysis, and forensic accounting, where skills in big data, ERP systems, and AI are essential.

91��Ƶ’s program emphasizes practical training and CPA preparation in partnership with Becker Professional Education, with both one-year and two-year track options available. The curriculum is aligned with the “Core + Disciplines” CPA exam model, allowing students to specialize while covering essential accounting skills.

3. Accounting, Public Accounting, CPA Prep, MS

The MS in Accounting provides comprehensive training in financial accounting, regulatory compliance, and auditing, equipping students for diverse careers in public accounting, tax preparation, and management consulting. With a curriculum designed to meet CPA standards, the MS in Accounting ranks among the best masters degrees in business for those pursuing public accounting.

91��Ƶ’s program holds dual AACSB accreditation in both accounting and business and includes CPA preparation with Becker CPA Review, ensuring graduates are well-prepared for the CPA exam and professional roles

4. Business Analytics, MBA

An MBA in Business Analytics is one of the best master's degrees for business professionals looking to make data-driven decisions in any industry. It combines business strategy with technical skills in data analytics, preparing graduates for data-driven roles in finance, marketing, consulting, and risk management.

91��Ƶ’s program allows students to tailor their studies with electives in predictive analytics, decision modeling, and visual analytics. Full-time and part-time options provide flexibility for working professionals.

5. Entrepreneurship, General MBA

A General MBA with an Entrepreneurship focus provides a solid foundation across business disciplines and includes electives in finance, marketing, and innovation, making it ideal for aspiring entrepreneurs.

91��Ƶ’s flexible MBA program offers access to NYC’s entrepreneurial ecosystem, extensive alumni network, and faculty expertise, helping students build practical skills and valuable connections.

6. Finance, Corporate Finance, MBA

The MBA in Corporate Finance is designed to prepare students for strategic financial roles in industries ranging from manufacturing to financial institutions, where they can drive company profitability and manage risk. This program is widely considered one of the best business masters degrees for careers in financial strategy and corporate leadership.

91��Ƶ’s Corporate Finance MBA offers a flexible online or on-campus format, with electives in corporate finance strategy, valuation, and behavioral finance, leveraging the opportunities of New York’s financial hub.

7. Financial Management, MS

The MS in Financial Management ranks as one of the best master's degrees in business for students seeking high-level roles in financial planning and analysis. It covers in-depth financial analysis, investment management, and capital budgeting, preparing graduates for roles in corporate finance and risk assessment.

91��Ƶ’s program includes optional certifications such as CFA and FRM, and provides training in financial modeling and valuation, connecting students to NYC’s finance sector for internships.

8. Human Resources Management, MS

For those aiming to specialize in HR, the MS in Human Resources Management is among the best graduate degrees for business majors focused on talent management. This degree prepares students for strategic roles in talent acquisition, compensation, and workforce planning, equipping them to manage organizational talent effectively.

91��Ƶ’s program aligns with standards, waiving the GMAT/GRE requirement for applicants with three years of HR experience, and includes courses in HR analytics and employment law.

9. Information Systems, MS/MBA

The MBA in Information Systems provides expertise in managing technology within organizations, covering areas such as systems analysis, IT project management, and database administration.

91��Ƶ’s STEM-designated program combines IT skills with core business coursework, offering students hands-on experience and NYC internships for practical knowledge.

10. Marketing Analytics, MS

An MS in Marketing Analytics provides students with expertise in using data to drive marketing strategy, preparing them for roles that focus on customer insights, predictive analytics, and digital marketing.

91��Ƶ’s program leverages NYC’s marketing industry, with hands-on training in SAS and data mining, and connects students to industry professionals through internships and faculty expertise.

*Note: Salary information sourced in November 2024. Salaries may vary based on geographic location, company, years of experience, and other factors.

How to Apply for a Graduate Degree in Business

Applying for a graduate business program requires careful planning and preparation. Here are some key steps to help applicants navigate the process effectively:

• Define your career goals: Start by clarifying your long-term career goals and the skills you need to acquire. Determining which degree aligns best with these objectives will help guide your choice
• Research programs thoroughly: Look for programs that match your interests and professional needs. Consider factors such as curriculum, faculty expertise, program flexibility (full-time, part-time, or online options), and available resources.
• Prepare for GMAT/GRE (if required): Many business schools require standardized tests such as the or . These tests assess analytical, quantitative, and verbal skills that are critical in business studies. However, some programs may offer test waivers based on professional experience or undergraduate GPA.
• Gather letters of recommendation: Strong recommendations can enhance an application by showcasing leadership, teamwork, and professional achievements. Choose individuals who know your work well and can speak to your strengths.
• Network with alumni and current students: Connecting with alumni or current students can provide valuable insights into program culture, expectations, and career outcomes. Many universities offer formal and informal networking events for prospective students.
• Submit a compelling personal statement: Highlight your professional journey, achievements, and reasons for pursuing the degree. A well-crafted statement can distinguish your application and demonstrate a strong fit for the program.

Choosing a high-paying business master’s degree is a significant step toward a fulfilling and financially rewarding career. Whether you’re interested in the broad leadership focus of an MBA or the technical expertise of a specialized MS program, these degrees are designed to help you achieve your professional goals. Each program offers unique career paths, competitive salaries, and strong job growth outlooks, making them smart investments for the future.

If you’re ready to take the next step, explore the business master’s programs at 91��Ƶ’s Lubin School of Business. With tailored curriculum options and industry-relevant training, these programs provide the skills and knowledge to succeed in today’s competitive business environment. Reach out to 91��Ƶ today for more information and guidance on fulfilling your education goals.

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FAQ

What master’s degree is best for business?
The best master’s degree for business depends on individual career goals. An MBA is ideal for those seeking a broad foundation in business management and leadership. For those aiming to specialize, business degrees in fields such as finance, data analytics, and marketing provide focused expertise and are highly valued in today’s job market.

Which master’s degree is most in demand in business?
Currently, master’s programs in data analytics, financial management, and marketing analytics are in high demand. With the increasing role of data and technology in decision-making, these specialized degrees offer strong career opportunities and competitive salaries.

What is the most successful business degree?
Success varies by career path, but MBAs are often regarded as the most versatile and widely recognized business degree. Specialized MS degrees, however, are essential for roles that require specific technical expertise, such as financial analysts or data scientists.

What is the most profitable master’s degree?
Degrees such as an MBA, MS in Financial Management, and MS in Marketing Analytics are among the most profitable due to high earning potential and strong demand in industries like finance, consulting, and technology.

Which master’s has the highest salary?
Master’s programs in corporate finance, data analytics, and risk management often yield the highest salaries due to their specialized focus and relevance to high-stakes industries. Many graduates in these fields see six-figure starting salaries with the potential for further growth.