by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. In addition, we cover how Drake ranks in comparison to other schools with business administration programs.
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Drake was ranked #205 on College Factual's most recent list of the best schools for business administration majors. This puts the bachelor's program at the school solidly in the top 15% of all colleges and universities in the country. It is also ranked #4 in Iowa.
During the 2021-2022 academic year, Drake University handed out 12 bachelor's degrees in business administration & management. This is a decrease of 48% over the previous year when 23 degrees were handed out.
In 2022, 67 students received their master’s degree in business administration from Drake. This makes it the #419 most popular school for business administration master’s degree candidates in the country.
The median salary of business administration students who receive their bachelor's degree at Drake is $47,806. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
Part-time undergraduates at Drake paid an average of $1,325 per credit hour in 2022-2023. This tuition was the same for both in-state and out-of-state students. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $49,466 | $49,466 |
| Fees | $478 | $478 |
| Books and Supplies | $1,100 | $1,100 |
| On Campus Room and Board | $11,858 | $11,858 |
| On Campus Other Expenses | $4,178 | $4,178 |
Learn more about Drake tuition and fees.
Of the 12 business administration students who graduated with a bachelor's degree in 2021-2022 from Drake, about 67% were men and 33% were women.
The majority of the students with this major are white. About 58% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Drake University with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 1 |
| Hispanic or Latino | 0 |
| White | 7 |
| Non-Resident Aliens | 3 |
| Other Races | 0 |
Drake does not offer an online option for its business administration bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Drake Online Learning page.
Graduates of the master's business administration program at Drake make a median salary of $91,098. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Of the 85 business administration students who graduated with a master's degree in 2021-2022 from Drake, about 42% were men and 58% were women.
The majority of master's degree recipients in this major at Drake are white. In the most recent graduating class for which data is available, 80% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Drake University with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 5 |
| Black or African American | 4 |
| Hispanic or Latino | 2 |
| White | 68 |
| Non-Resident Aliens | 2 |
| Other Races | 4 |
Take a look at the following statistics related to the make-up of the business administration majors at Drake University.
| Related Major | Annual Graduates |
|---|---|
| Marketing | 60 |
| Accounting | 42 |
| Management Sciences & Quantitative Methods | 41 |
| Finance & Financial Management | 31 |
| International Business | 14 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.