New York 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 New York. 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 New York.

Business Snapshot

Avg US Salary

$70,129

.

Avg New York Salary

$81,117

.

State vs National

Ranked 1st

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Total Job Postings

20,531

Job Type

Full-Time

Min Education Level

Bachelor’s Degree

Recommended Degree

Masters or MBA

Most Common Degree

Business/Management

Most Common Experience Level

Mid Level

*Data based on job title of Business Development Manager

New York Business Demand

Obviously, New York City dominates the economy of this state. It is the top center of advertising, banking, finance, media and publishing in the US. If New York City were a country, it would have the 11th largest economy in the world at $1.5 trillion, just after Canada.

However, the business and economic climate of the state as a whole is fairly onerous for the business owner. It has taxes, union workforces and red tape that are some of the highest in the US. But on the positive side, the state has a highly educated labor force. There also is tremendous venture capital investment, and the headquarters of 10% of the 1000 biggest companies are based in New York.

Major economic drivers in the state are financial services, healthcare, professional and technical services, retail trade, manufacturing, and educational services. Professionals with a business degree, especially an MBA, can usually find plenty of work opportunities in New York City.

The unemployment rate for New York is 4.5%, putting it at #39 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

New York Business Salaries by Career

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

Finance Manager$97,632 Rank: 7th
The average salary ranks 7th among states in the country. This equates to an hourly salary of $50.850 and monthly of $8,136. There were job openings from employers like EY, United States Postal Service, KeyBank, and BNP Paribas Personal Finance. Further, 88% of these employers were seeking Full-time workers. Others such as Internship, Contract, Part-time, Commission, Temporary were also available. Most jobs for Finance Manager required an applicant to have Mid Level experience.

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$22,000

$226,000

Salary Distribution
Business Analyst$79,646 Rank: 11th
The average salary ranks 11th among states in the country. This equates to an hourly salary of $41.480 and monthly of $6,637. There were job openings from employers like Morgan Stanley, BNY Mellon, BNP Paribas Personal Finance, and BNP Paribas. Further, 86% of these employers were seeking Full-time workers. Others such as Internship, Contract, Commission, Part-time, Temporary were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience.

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$24,000

$166,000

Salary Distribution
Business Consultant$70,951 Rank: 9th
The average salary ranks 9th among states in the country. This equates to an hourly salary of $36.950 and monthly of $5,913. There were job openings from employers like Accenture, New York Sports Club, AXA Advisors, and The Home Depot. Further, 76% of these employers were seeking Full-time workers. Others such as Contract, Commission, Part-time, Internship, Temporary were also available. Most jobs for Business Consultant required an applicant to have Mid Level experience.

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$14,000

$171,000

Salary Distribution
Business Development Manager$81,117 Rank: 1st
The average salary ranks 1st among states in the country. This equates to an hourly salary of $42.250 and monthly of $6,760. There were job openings from employers like CVS Health Retail, JP Morgan Chase, New York Sports Club, and Citi. Further, 87% of these employers were seeking Full-time workers. Others such as Contract, Commission, Temporary, Internship, Part-time were also available. Most jobs for Business Development Manager required an applicant to have Mid Level experience.

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$16,000

$195,000

Salary Distribution
Business Operations Manager$75,777 Rank: 4th
The average salary ranks 4th among states in the country. This equates to an hourly salary of $39.470 and monthly of $6,315. There were job openings from employers like M&T Bank, Boston Market | Boston Market Corporation, Lids, and Citi. Further, 89% of these employers were seeking Full-time workers. Others such as Part-time, Internship, Contract, Commission, Temporary were also available. Most jobs for Business Operations Manager required an applicant to have Mid Level experience.

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$17,000

$175,000

Salary Distribution
Chief Marketing Officer$180,935 Rank: 1st
The average salary ranks 1st among states in the country. This equates to an hourly salary of $94.240 and monthly of $15,078. There were job openings from employers like Citi, JP Morgan Chase, Weber Shandwick, and Ketchum. Further, 98% of these employers were seeking Full-time workers. Others such as Contract, Temporary were also available. Most jobs for Chief Marketing Officer required an applicant to have Mid Level experience.

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$44,000

$412,000

Salary Distribution
Chief Operating Officer$126,942 Rank: 9th
The average salary ranks 9th among states in the country. This equates to an hourly salary of $66.120 and monthly of $10,579. There were job openings from employers like Citi, Monroe Veterinary Associates, HSBC, and The Execu|Search Group. Further, 87% of these employers were seeking Full-time workers. Others such as Temporary, Contract, Part-time, Commission, Internship were also available. Most jobs for Chief Operating Officer required an applicant to have Mid Level experience.

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$21,000

$325,000

Salary Distribution
Chief Technology Officer$132,967 Rank: 14th
The average salary ranks 14th among states in the country. This equates to an hourly salary of $69.250 and monthly of $11,081. There were job openings from employers like Mount Sinai, Resy Network Inc, Deutsche Bank, and Microsoft. Further, 89% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Commission, Temporary, Internship were also available. Most jobs for Chief Technology Officer required an applicant to have Mid Level experience.

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$33,000

$298,000

Salary Distribution
Human Resources Manager$67,507 Rank: 18th
The average salary ranks 18th among states in the country. This equates to an hourly salary of $35.160 and monthly of $5,626. There were job openings from employers like Boston Market | Boston Market Corporation, Lids, CVS Health Retail, and United States Postal Service. Further, 86% of these employers were seeking Full-time workers. Others such as Internship, Commission, Part-time, Contract, Temporary were also available. Most jobs for Human Resources Manager required an applicant to have Mid Level experience.

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$14,000

$160,000

Salary Distribution
Marketing Manager$69,379 Rank: 8th
The average salary ranks 8th among states in the country. This equates to an hourly salary of $36.130 and monthly of $5,782. There were job openings from employers like Ralph Lauren, Boston Market | Boston Market Corporation, Estee Lauder, and GNC – General Nutrition Centers. Further, 86% of these employers were seeking Full-time workers. Others such as Part-time, Contract, Commission, Temporary, Internship were also available. Most jobs for Marketing Manager required an applicant to have Mid Level experience.

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$17,000

$157,000

Salary Distribution
Operations Manager$63,274 Rank: 13th
The average salary ranks 13th among states in the country. This equates to an hourly salary of $32.960 and monthly of $5,273. There were job openings from employers like Speedway LLC, CVS Health Retail, Starbucks, and Family Dollar. Further, 87% of these employers were seeking Full-time workers. Others such as Contract, Commission, Temporary, Part-time, Internship were also available. Most jobs for Operations Manager required an applicant to have Entry Level experience.

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$14,000

$148,000

Salary Distribution
Product Manager$102,724 Rank: 6th
The average salary ranks 6th among states in the country. This equates to an hourly salary of $53.500 and monthly of $8,560. There were job openings from employers like Amazon.com, Google, JP Morgan Chase, and JPMorgan Chase. Further, 93% of these employers were seeking Full-time workers. Others such as Contract, Commission, Part-time, Internship, Temporary were also available. Most jobs for Product Manager required an applicant to have Mid Level experience.

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$28,000

$224,000

Salary Distribution
Project Manager$84,410 Rank: 7th
The average salary ranks 7th among states in the country. This equates to an hourly salary of $43.960 and monthly of $7,034. There were job openings from employers like The Home Depot, Speedway LLC, JP Morgan Chase, and Mount Sinai. Further, 86% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Commission, Contract, Part-time were also available. Most jobs for Project Manager required an applicant to have Mid Level experience.

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$22,000

$186,000

Salary Distribution
Sales Manager$69,133 Rank: 11th
The average salary ranks 11th among states in the country. This equates to an hourly salary of $36.010 and monthly of $5,761. There were job openings from employers like CVS Health Retail, WALGREENS, New York Sports Club, and Speedway LLC. Further, 85% of these employers were seeking Full-time workers. Others such as Internship, Contract, Temporary, Commission, Part-time were also available. Most jobs for Sales Manager required an applicant to have Entry Level experience.

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$14,000

$176,000

Salary Distribution

Best Cities for Business in New York

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

City # of Employers Average Salary
Tarrytown 51 $84,228
White Plains 28 $88,840
Rochester 26 $61,513
Smithtown 19 $65,030
Newburgh 17 $70,353
Shirley 17 $62,807
Syracuse 17 $81,220
Nyack 14 $79,957
Valley Stream 14 $81,773
Rockville Centre 13 $81,296
Ronkonkoma 13 $43,370
Peck Slip 12 $67,087
Plainview 10 $51,799
Roosevelt 10 $80,464
Saint James 9 $93,105

Top New York Employers for Business

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

Employer Name Average Salary

New York Campus-Based Business Degrees

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

New York University Stern offers a full time MBA program that can be completed in two years, with a total of 60 credit hours. Students can enjoy some of the broadest options available today for their concentrations, including:

  • Banking
  • Accounting
  • Business analytics
  • Digital marketing
  • Economics
  • Finance
  • Fintech
  • Global business
  • Luxury marketing
  • Product management
  • Real estate
  • Strategy
  • Supply chain management
  • Management of technology and operations
  • Leadership and change management
  • Sustainable business and innovation

The Stern MBA also offers one and two week intensive courses offered between semesters in Argentina, Australia, China, India and Costa Rica. Also, the industry immersions available at Stern allow students to learn industry specific knowledge from highly skilled alums at sponsoring companies, while also learning an important industry skill set. These programs are designed to prepare students for a career transition with success later. There are immersions available in banking, consulting, entertainment and media, luxury and retail and start ups.

New York Online Business Degrees

The following online-based degree programs are available for New York 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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