Business Administration and Management Degree from Salem State University Return on Investment

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

F D C B A
Approximate Total Payment $103,302
Approximate Total Interest $29,238
Monthly Payment $717.37
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 salem state university

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 8.09%-6.02%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: A-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 8.66%-6.44%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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If you're considering a degree in Business Administration and Management, Salem State University provides a compelling option that offers a strong return on investment (ROI). With a comprehensive curriculum designed to equip students with essential skills in leadership, finance, marketing, and strategic decision-making, graduates are well-prepared to enter the competitive workforce.

One of the key advantages of obtaining a Business Administration and Management degree from Salem State University is the university's commitment to offering quality education at an affordable price. With lower tuition rates compared to many private institutions, students can graduate with less debt, maximizing their ROI. The university also offers numerous scholarships and financial aid options to further alleviate costs.

Moreover, Salem State University boasts a robust career services program, providing students with valuable resources such as internships, networking opportunities, and job placement assistance. This support not only enhances the educational experience but also increases employability after graduation.

According to recent statistics, graduates from Salem State's Business Administration program see significant salary increases shortly after earning their degrees. Many alumni report securing positions in reputable companies, which leads to a favorable ROI within just a few years of entering the workforce.

Additionally, the skills acquired through this program are applicable across various industries, ensuring that graduates have a wide array of career options. This versatility allows for career advancement and the potential for higher earnings over time, contributing to an excellent long-term ROI.

In conclusion, a Business Administration and Management degree from Salem State University not only provides a solid educational foundation but also offers a strong return on investment. With affordability, career support, and strong job placement rates, students can confidently embark on a pathway to success in their professional lives.

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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