What is the best business major for entry level jobs

TL;DR

MIS is the strongest option among business degrees due to high demand and solid entry level opportunities, followed closely by Finance and Accounting which offer abundant roles and strong salaries. Some majors like Hotel Administration and Real Estate have weaker entry level prospects or degree necessity concerns, while others show mixed demand. This ranking uses pay, demand, meaning, and graduate output to assign tiers and guide choices.

Transcript

the business degree tier list for 2023 in today's video we're going to be ranking business majors from s tier which is the best to F tier which is the worst so I did this video last year and it was a great video but this year I'm really optimizing it I'm adding some things that I think are incredibly important and the biggest thing that I'm adding ... Read More

Key Insights

• MIS is the standout option with high demand and growth and a strong salary at entry level.
• Finance and Accounting both show high entry level demand and extensive job availability across platforms.
• Some majors like Hotel Administration have poor entry level demand and are less favorable as a dedicated degree path.
• Real estate as a degree is unnecessary despite strong market in practice, leading to an F tier in this ranking.
• Management Information Systems is described as the best business degree in the speaker’s opinion and is placed in S tier.
• Advertising shows solid early pay and high demand but falls behind MIS and Finance in overall opportunity.
• Supply Chain Management has very strong demand and high entry level opportunities, earning S tier placement.
• Certain majors such as Agricultural Business and Fashion Merchandising show weaker demand and lower salary potential, resulting in lower tiers.
• More videos from this channel:
  • How to Use Claude Code for YouTube Production
  • Is Meta Data Analyst Certificate Worth It for Beginners?
  • How to start a YouTube channel after 40 and succeed
• More from this channel: Shane Hummus

Questions & Answers

Q: How should I choose a business major for entry level opportunities

To choose a business major for entry level opportunities focus on three core factors: early career pay, demand score, and the number of bachelor graduates per year. A higher demand score and larger job pool at entry level indicate easier first jobs. Management Information Systems leads due to its very high demand score and strong salary trajectory, followed by Finance and Accounting which also show broad entry level openings and robust mid career growth.

Q: Why is MIS considered the best business degree in this video

MIS is considered the best because it combines technology skills with business knowledge, resulting in a high salary score, very high demand, and a large graduate output that fuels job availability. The video notes that MIS has strong numbers at entry level and mid career stages, with clear market growth and favorable job postings on common platforms.

Q: Which majors have the weakest entry level paths according to the video

The video highlights several majors with weaker entry level pathways, such as Hotel Administration and Real Estate as a degree, due to low demand scores or the fact that the degree is not strictly necessary for the field. These majors tend to have fewer entry level opportunities and lower long term hiring momentum in the context of business degrees.

Q: What criteria are used to tier the majors in the video

The tiering criteria include early career pay, mid career pay, salary score, demand score, the meaning score indicating how useful the degree is for business careers, and the number of bachelor graduates per year. These metrics are combined to form S, A, B, C, D, and F tiers to reflect overall career viability.

Q: How does demand score influence the tier of a major

Demand score measures how many jobs exist for graduates in a given field at the entry level and beyond. A high demand score means more available positions, easier job placement after graduation, and better long term career prospects. Majors with low demand scores are at risk of limited opportunities and slower career progression.

Q: What role do entry level job opportunities play in the ranking

Entry level opportunities are central to the ranking because the video argues that landing the first job can determine long term success and growth. A degree with strong entry level demand provides a quicker start, more internships, and ongoing hiring momentum, which translates into better mid career outcomes and salary potential.

Q: Why is Real Estate graded as an F tier

Real Estate is graded as F tier because, while the field has strong market potential, the video notes that there is no strict need for a real estate degree to enter the field and suggests degree-related pathways may not yield better opportunities than non degree routes. This lowers the perceived value of a Real Estate degree for an entry level business track.

Q: What practical advice is given for viewers choosing a major

The practical advice is to weigh not just pay but also entry level demand, market growth, and the necessity of the degree for the field. Viewers are encouraged to compare several data points, consider long term career trajectories, and select majors with high demand scores and strong early and mid career pay, like MIS, Finance, and Accounting.

Summary & Key Takeaways

• This summary explains that MIS stands out as the best business degree for entry level opportunities, with Finance and Accounting also performing well in demand and salary. It notes that some majors have limited entry level paths or questionable value as a degree, influencing their tier placement. Overall, the method weighs early pay, mid career pay, salary score, demand score, and graduate output.

• The video emphasizes the importance of considering entry level demand when choosing a business major, not just salary. It provides tier placements (S, A, B, C, D, F) and discusses how roles and automation affect first job prospects. Real estate and hospitality related majors are flagged as weaker choices when a degree is the goal.

• Viewers are guided to evaluate majors through multiple data points beyond salary, including demand scores and graduate per year, to forecast career opportunities and long term growth for business degrees.