Missouri Business Degree Salary

By Henry R. Steele - June 25, 2018
Reading Time: 7 minutes

The following article discusses the salary and career outlook for graduates with a MBA, Graduate or Undergraduate Business degree in Missouri. Learn about the demand, salary outlook, top employers, job titles, as well as education options for campus and online Business degree programs for graduates in Missouri.

Business Snapshot

Avg US Salary

$70,129

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Avg Missouri Salary

$58,831

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State vs National

Ranked 43rd

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Total Job Postings

5,892

Job Type

Full-Time

Min Education Level

Bachelor’s Degree

Recommended Degree

Masters or MBA

Most Common Degree

Business/Management

Most Common Experience Level

Entry Level

*Data based on job title of Business Development Manager

Missouri Business Demand

According to Forbes, Missouri is ranked third of all states for business incentive offerings and economic development outreach. Some of the fastest growing industries in Missouri are healthcare and professional services, both of which need business degree graduates in specialities such as business management, accounting, finance, sales and marketing, according to recent government statistics. One of the major employers in Missouri is Anheuser-Busch, which is located in St. Louis.

Also, three other Fortune 500 businesses are located in the state: Express Scripts, Emerson Electric and healthcare company Centene. Also located in St. Louis is Monsanto, one of the biggest gene companies in the country. This state is also rich in science and biotechnology, so business degree graduates with a technology focus should find a home here. Missouri’s unemployment rate is below the national average at 3.6%, putting it at #19 in the US.

National Business Salary Outlook

The national average estimate for Business Development Manager was $70,129. This number is estimated from over 18,908 salaries and job advertisements from Indeed.com. This equates to an hourly salary of $36.530 and monthly of $5,844.

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$14,000

$176,000

Salary Distribution

Missouri Business Salaries by Career

The following Business career paths show the average salary derived from job postings in Missouri.

Finance Manager$70,726 Rank: 35th
The average salary ranks 35th among states in the country. This equates to an hourly salary of $36.840 and monthly of $5,894. There were job openings from employers like United States Postal Service, Rabo Agri Finance LLC, Bank of America, and OneMain. Further, 87% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Commission, Internship, Temporary were also available. Most jobs for Finance Manager required an applicant to have Mid Level experience.

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$14,000

$177,000

Salary Distribution
Business Analyst$66,453 Rank: 40th
The average salary ranks 40th among states in the country. This equates to an hourly salary of $34.610 and monthly of $5,538. There were job openings from employers like Centene Corporation, Spectrum, MasterCard, and H&R Block. Further, 87% of these employers were seeking Full-time workers. Others such as Commission, Internship, Part-time, Temporary, Contract were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience.

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$14,000

$165,000

Salary Distribution
Business Consultant$67,077 Rank: 19th
The average salary ranks 19th among states in the country. This equates to an hourly salary of $34.940 and monthly of $5,590. There were job openings from employers like Office Depot OfficeMax, Burns & McDonnell, MasterCard, and Sprint. Further, 78% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Commission, Part-time, Contract were also available. Most jobs for Business Consultant required an applicant to have Entry Level experience.

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$20,000

$140,000

Salary Distribution
Business Development Manager$58,831 Rank: 43rd
The average salary ranks 43rd among states in the country. This equates to an hourly salary of $30.640 and monthly of $4,903. There were job openings from employers like Taco Bell | Bell American Group, Love’s Travel Stops & Country Stores, BJC HealthCare, and Steak n Shake. Further, 86% of these employers were seeking Full-time workers. Others such as Temporary, Part-time, Internship, Contract, Commission were also available. Most jobs for Business Development Manager required an applicant to have Entry Level experience.

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$14,000

$146,000

Salary Distribution
Chief Operating Officer$105,330 Rank: 23rd
The average salary ranks 23rd among states in the country. This equates to an hourly salary of $54.860 and monthly of $8,778. There were job openings from employers like Wells Fargo, The Pasta House | The Pasta House Co, Mercy, and Employment Connection. Further, 78% of these employers were seeking Full-time workers. Others such as Contract, Commission, Temporary, Part-time were also available. Most jobs for Chief Operating Officer required an applicant to have Mid Level experience.

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$19,000

$263,000

Salary Distribution
Chief Technology Officer$120,518 Rank: 20th
The average salary ranks 20th among states in the country. This equates to an hourly salary of $62.770 and monthly of $10,043. There were job openings from employers like Wells Fargo, Columbia Public Schools, Metropolitan Community College, and Gifted Healthcare. Further, 90% of these employers were seeking Full-time workers. Others such as Contract, Part-time were also available. Most jobs for Chief Technology Officer required an applicant to have Mid Level experience.

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$57,000

$207,000

Salary Distribution
Human Resources Manager$66,569 Rank: 22nd
The average salary ranks 22nd among states in the country. This equates to an hourly salary of $34.670 and monthly of $5,547. There were job openings from employers like Martin & Bayley, Inc., Wendy’s | Hamra Enterprises, United States Postal Service, and University of Missouri – Columbia. Further, 87% of these employers were seeking Full-time workers. Others such as Internship, Contract, Temporary, Part-time, Commission were also available. Most jobs for Human Resources Manager required an applicant to have Entry Level experience.

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$14,000

$168,000

Salary Distribution
Marketing Manager$58,793 Rank: 28th
The average salary ranks 28th among states in the country. This equates to an hourly salary of $30.620 and monthly of $4,899. There were job openings from employers like DL Rogers – HQ, Wendy’s | Hamra Enterprises, Domino’s, and RehabCare. Further, 85% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Part-time, Commission, Internship were also available. Most jobs for Marketing Manager required an applicant to have Entry Level experience.

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$14,000

$136,000

Salary Distribution
Operations Manager$62,537 Rank: 15th
The average salary ranks 15th among states in the country. This equates to an hourly salary of $32.570 and monthly of $5,211. There were job openings from employers like MFA Oil Co., Broadway Restaurant Group – Burger King, Save-A-Lot, and Burger King. Further, 85% of these employers were seeking Full-time workers. Others such as Part-time, Internship, Commission, Contract, Temporary were also available. Most jobs for Operations Manager required an applicant to have Entry Level experience.

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$14,000

$146,000

Salary Distribution
Product Manager$81,972 Rank: 28th
The average salary ranks 28th among states in the country. This equates to an hourly salary of $42.690 and monthly of $6,831. There were job openings from employers like Mastercard, Collage.com, Equifax, and Express Scripts. Further, 92% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Commission, Part-time were also available. Most jobs for Product Manager required an applicant to have Mid Level experience.

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$22,000

$180,000

Salary Distribution
Project Manager$70,770 Rank: 34th
The average salary ranks 34th among states in the country. This equates to an hourly salary of $36.860 and monthly of $5,898. There were job openings from employers like SuperValu Inc., Washington University in St. Louis, Mastercard, and Panera Bread. Further, 84% of these employers were seeking Full-time workers. Others such as Commission, Part-time, Contract, Internship, Temporary were also available. Most jobs for Project Manager required an applicant to have Mid Level experience.

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$17,000

$160,000

Salary Distribution
Sales Manager$58,745 Rank: 34th
The average salary ranks 34th among states in the country. This equates to an hourly salary of $30.600 and monthly of $4,895. There were job openings from employers like DL Rogers – HQ, Hibbett Sports, PETSMART, and Save-A-Lot. Further, 85% of these employers were seeking Full-time workers. Others such as Temporary, Part-time, Commission, Internship, Contract were also available. Most jobs for Sales Manager required an applicant to have Entry Level experience.

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$14,000

$152,000

Salary Distribution

Best Cities for Business in Missouri

The following list of Missouri cities show the largest number of job postings for Business careers:

City # of Employers Average Salary
St. Louis 82 $66,773
Kansas City 52 $63,737
Neosho 9 $56,188
West Plains 8 $44,488
Houston 7 $169,707
Springfield 5 $42,786

Top Missouri Employers for Business

The following list analyzes the top employers in Missouri hiring students and professionals in the business, management and executive fields:

Employer Name Average Salary

Missouri Campus-Based Business Degrees

The following campus-based colleges offer Business degrees for Missouri students:

Students can earn their MBA at the University of Missouri’s Robert J. Trulaske College of Business. This MBA program is built on strong community of faculty, students alumni and staff that all know and care about each other. The MBA program has a personalized curriculum that begins with a solid business core and then allows MBA students to focus on areas they have the highest level of interest.

The school has a new and redesigned Career and Professional Development class that helps students to explore career opportunities in their chosen concentration area. This is done with extensive networking with key business leaders and like minded peers who engage in site visits, case competitions and career project teams. The main focus of the program is to prepare each student for a productive business career.

This is a self directed course of study, and students always have the ability to direct their graduate school path. Students may choose from many personal development programs, classes, competitions and community service works to personalize their MBA program.

An excellent option for the experienced business professional is the executive MBA. This program is suited for students with five or more years of full time business experience. According to 2016 class survey information, 70% of students in the executive MBA program received a promotion while they were in school. Within three years, graduates reported that the value of their degree doubled in terms of salary. More than 95% of students said their impact expectations of their MBA were met or exceeded.

All MBA programs at the University of Missouri are accredited by the AACSB.

Missouri Online Business Degrees

The following online-based degree programs are available for Missouri business students.

Disclaimer: All salary numbers and figures are will vary depending on several factors such as level of education, college/university attended, amount of experience, industry, company size and location.

Sources: Sources for the above salary, employer and jobs data was aggregated through Indeed.com and BLS.gov

Henry R. Steele
Henry R. Steele
Managing Editor
Henry is Managing Editor of BusinessStudent.com. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation.Follow on Twitter.com

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