Franchising & Franchise Operations

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Total Degrees​
Awarded in 2023
21
growing 23.5%
Median In-State​
Public Tuition
$12,632
growing 2.5%
Median Out-of-State​
Private Tuition
$31,400
growing 4.6%
Average Wage
$109,808
growing 3.8%
People in Workforce
12.2M
growing 2.33%
Average Employee Age
44
growing 0.32%

About

In 2023, the locations with the highest concentration of Franchising & Franchise Operations degree recipients are Louisville, KY, Midland, MI, and Kent, OH. In 2023, the locations with a relatively high number of Franchising & Franchise Operations degree recipients are Midland, MI, Louisville, KY, and Saranac Lake, NY. The most common degree awarded to students studying Franchising & Franchise Operations is a postbaccalaureate certificate.

Institutions

Information about the types of higher education institutions that grant degrees in Franchising & Franchise Operations and the types of students that study this field. University of Louisville awards the most degrees in Franchising & Franchise Operations in the US, having also the highest percentage of degrees awarded in Franchising & Franchise Operations.

Tuition costs for Franchising & Franchise Operations majors are, on average, $12,632 for in-state public colleges, and $31,400 for out of state private colleges.

The most common sector, by number of institutions, that offers Franchising & Franchise Operations programs are Public, 4-year or above institutions (2 total). The most common sector, by number of degrees awarded, is Public, 4-year or above (18 completions).

Institutions

Institution with the Most Degrees Awarded in Franchising & Franchise Operations (2023)
  1. 18 degrees awarded
  2. 3 degrees awarded
  3. 0 degrees awarded

The most common sector, by number of degrees awarded in Franchising & Franchise Operations, is Public, 4-year or above (18 completions in 2023).

The following chart shows the share of universities that offer Franchising & Franchise Operations programs, by the total number of completions, colored and grouped by their sector.

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Tuition Costs for Common Institutions

$12,632
Median In-State Public
$31,400
Median Out of State Private

University of Louisville has the most Franchising & Franchise Operations degree recipients, with 18 degrees awarded in 2023.

The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Franchising & Franchise Operations.

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Specialized Colleges

Highest Concentration Institution
0.304%

Out of all institutions that offer Franchising & Franchise Operations programs and have at least 5 graduates in those programs, University of Louisville has the highest percentage of degrees awarded in Franchising & Franchise Operations, with 0.304%.

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Degrees Awarded by County

Counties with the Most Degrees Awarded in Franchising & Franchise Operations
  1. 18 degrees awarded
  2. 3 degrees awarded
  3. 0 degrees awarded

This map shows the counties in the United States colored by the highest number of degrees awarded in Franchising & Franchise Operations by year.

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Employment

Information on the businesses and industries that employ Business graduates and on wages and locations for those in the field.

The average salary for Business majors is $109,808 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.

The industry that employs the most Business majors is uninformed, though the highest paying industry, by average wage, is Securities, commodities, funds, trusts & other financial investments.

Yearly Income for Common Jobs

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
$109,808
Average Wage in Workforce
± $788
3.8%
1 Year Growth
± 0.985%

The average salary for Business majors is $109,808 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.

This chart shows the average annual salaries of the most common occupations for Business majors.

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Highest Paying Locations

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Business majors.

Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.

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Most Common

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

The most common occupations for Business majors, by number of employees, are Accountants & auditors, Other managers, and Financial managers.

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Most Specialized

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

Compared to other majors, there are an unusually high number of Business majors working as Accountants & auditors, Financial examiners, and Financial analysts.

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Highest Paid

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

The highest paid occupations by median income for Business majors are Surgeons, Physicians, and Nuclear medicine technologists and medical dosimetrists.

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Occupations by Share

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
12.2M
2023 Workforce
± 82,369
2.33%
1 Year Growth
± 0.936%

The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12M in 2022 to 12.2M in 2023.

The largest single share of Business graduates go on to work as Accountants & auditors (8.91%). This chart shows the various jobs filled by those with a major in Business by share of the total number of graduates.

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Most Common

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

The most common industries that employ Business majors, by number of employees, are uninformed, Elementary & secondary schools, and Computer Systems Design.

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Highest Paid

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
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Industries by Share

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
12.2M
2023 Workforce
± 82,369
2.33%
1 Year Growth
± 0.936%

The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12M in 2022 to 12.2M in 2023.

The industry which employs the most Business graduates by share is uninformed, followed by Elementary & secondary schools. This visualization shows the industries that hire those who major in Business.

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Specialty Locations

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Business majors.

Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.

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Diversity

Demographic information for those who earn a degree in Business in the United States.

The average age of a person in the workforce with a degree in Business is 44.

The most common degree type these workers hold is a Postbaccalaureate Certificate. Male employees are more likely to hold Business degrees, and White students are the most common race/ethnicty group awarded degrees in Business (16 students).

Workforce Age

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
44
Average Age in 2023
± 0.0906 Years
0.32%
1 Year Change
± 0.291%

This chart shows distribution of ages for employees with a degree in Business. The most common ages of employees with this major are 40 and 39 years old, which represent 2.68% and 2.6% of the population, respectively.

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Degrees Awarded

The most common degree types awarded to students graduating in Franchising & Franchise Operations are Postbaccalaureate Certificate, Bachelors Degree, and 1 to 2 Year Postsecondary Certificate.

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Workforce Degrees

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.

The most common degree types held by the working population in Business are Bachelors Degree, Masters Degree, and Professional degree.

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Sex Imbalance for Common Institutions

Male (52.4%)
Most Common Sex with a Degree in this Field

This chart shows the granted degrees by sex at the 4 institutions that graduate the most students in Franchising & Franchise Operations.

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Race & Ethnicity by Degrees Awarded

Most Common Race or Ethnicity
  1. White
    16 degrees awarded
  2. Black or African American
    4 degrees awarded
  3. Non-resident Alien
    1 degrees awarded

This chart shows the number of degrees awarded in Franchising & Franchise Operations for each race & ethnicity. White students earned the largest share of the degrees with this major.

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Race & Ethnicity by Sex

This chart illustrates the differences by sex for each race & ethnicity of Postbaccalaureate Certificate recipients in Franchising & Franchise Operations.

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Global Diversity

The closest comparable data for the 6 Digit Course Franchising & Franchise Operations is from the 2 Digit Course Business.
Most Common Countries of Origin
  1. India
    181,180 degree recipients
  2. Mexico
    159,478 degree recipients
  3. Philippines
    142,686 degree recipients
High Relative Number of Students
  1. Singapore
    2.55 times more than expected
  2. Zimbabwe
    2.52 times more than expected
  3. Denmark
    2.46 times more than expected

There are a relatively high number of people that were born in Singapore that hold Business degrees (2.55 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is India (181,180 degree recipients).

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Skills

Data on the critical and distinctive skills necessary for those working in the Franchising & Franchise Operations field from the Bureau of Labor Statistics. Franchising & Franchise Operations majors need many skills, but most especially Writing. The revealed comparative advantage (RCA) shows that Franchising & Franchise Operations majors need more than the average amount of Operations Analysis, Systems Analysis, and Systems Evaluation.

These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Franchising & Franchise Operations majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Operations Analysis is very distinctive for majors, but the Writing, Reading Comprehension, and Speaking are the three most important skills for people in the field.

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Bar Chart

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