Business Administration and Management Degree from Northern Michigan University Return on Investment

See what the return on investment is for jobs that someone with a Business Administration and Management degree from Northern Michigan University is likely to work in.

F D C B A
Approximate Total Payment $95,137
Approximate Total Interest $26,927
Monthly Payment $660.67
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 northern michigan university

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 7.45%-5.54%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: A-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 7.98%-5.93%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Are you considering a degree in Business Administration and Management from Northern Michigan University (NMU)? Understanding the return on investment (ROI) of your education is crucial in today's competitive job market. In this article, we will explore the financial and professional benefits of pursuing a Business Administration and Management degree at NMU.

One of the standout features of NMU’s program is its comprehensive curriculum, which combines theoretical knowledge with practical experience. Graduates are equipped with essential skills in leadership, strategic planning, and financial analysis, making them highly attractive to employers. This versatility opens doors to various career paths, including management, marketing, finance, and entrepreneurship.

In terms of ROI, a degree from NMU can significantly enhance your earning potential. According to recent studies, bachelor’s degree holders in business fields earn substantially more than those with only a high school diploma. The investment in education often pays off within a few years of graduation, as alumni report higher starting salaries and increased job stability.

Moreover, NMU offers valuable resources such as career services, networking opportunities, and internships that further enhance your employability. Engaging with local businesses and participating in hands-on projects allows students to build a strong professional network, which can lead to job placements post-graduation.

Additionally, the supportive faculty at NMU are dedicated to student success, providing personalized guidance and mentorship. Their industry expertise not only enriches the learning experience but also helps students navigate the job market effectively.

Choosing to pursue a Business Administration and Management degree from Northern Michigan University is not just an educational decision; it’s an investment in your future. With a strong ROI, excellent career prospects, and a robust support system, NMU stands out as a wise choice for aspiring business leaders.

In conclusion, the Business Administration and Management degree from NMU offers a substantial return on investment, equipping graduates with the skills and connections needed to thrive in the business world. Whether you're looking to climb the corporate ladder or start your own venture, NMU provides the foundation for success.

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.

Get your personalized projection here!