Business Administration and Management Degree from New Jersey Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Business Administration and Management degree from New Jersey Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $142,340
Approximate Total Interest $40,287
Monthly Payment $988.47
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in business administration and management from new jersey institute of technology

Administrative services managers

Projection Rating: B+

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 11.14%-8.29%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: B+

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 11.93%-8.88%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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Investing in a Business Administration and Management degree from the New Jersey Institute of Technology (NJIT) offers a compelling return on investment (ROI) for aspiring professionals. With a curriculum designed to equip students with essential skills in management, finance, and strategic planning, NJIT prepares graduates for a dynamic job market.

The ROI of pursuing a degree at NJIT is underscored by the university's strong industry connections and focus on experiential learning. Students benefit from internships and cooperative education opportunities that enhance their resumes and provide real-world experience, making them highly attractive to employers.

According to recent data, graduates from NJIT's Business Administration and Management program enjoy competitive starting salaries, with many landing positions in top firms across various industries. The university’s emphasis on technology and innovation ensures that students are not only well-prepared for traditional business roles but are also equipped to thrive in emerging sectors.

Furthermore, NJIT’s robust alumni network offers ongoing support and networking opportunities, helping graduates to advance their careers and maximize their earning potential. The combination of a strong academic foundation, practical experience, and a valuable professional network positions NJIT graduates for success in a rapidly evolving business landscape.

In summary, a Business Administration and Management degree from the New Jersey Institute of Technology represents not just an educational milestone, but a strategic investment in your future. With high earning potential, valuable industry connections, and a supportive community, NJIT graduates are well-prepared to make impactful contributions to their organizations and society as a whole.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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