For employees with a master’s degree you can expect to earn between $ 73,000.00 and $ 112,000.00. A doctorate is the highest level of educational achievement offered from any educational institution.Once an individual acquires their doctorate, they will then have the prefix of PhD.he majority of doctorate programs are an additional 2-3 years after the completion of a master’s degree program. There are an ample amount of salaries that can be earned by a business administrator. Based on the amount of experience that you can earn, your salary will vary.