Business Administration and Management Degree from University of Illinois at Springfield Return on Investment

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

F D C B A
Approximate Total Payment $109,081
Approximate Total Interest $30,874
Monthly Payment $757.51
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 university of illinois at springfield

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 8.54%-6.35%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: A-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 9.14%-6.80%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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The Business Administration and Management Degree from the University of Illinois at Springfield offers a robust return on investment (ROI) for students aiming to enhance their career prospects and earning potential. Graduates of this program are equipped with essential skills in leadership, strategic thinking, and problem-solving, which are highly valued in today’s competitive job market.

According to recent statistics, individuals who hold a degree in Business Administration can expect to earn significantly more than their peers without a degree. With an average starting salary that often exceeds $50,000, the financial benefits of obtaining this degree become evident right from the outset. As graduates gain experience and advance in their careers, their earning potential can soar, with many reaching salaries well into the six figures.

The University of Illinois at Springfield prides itself on providing a comprehensive education that combines theoretical knowledge with practical experience. The program includes opportunities for internships, networking, and hands-on projects, allowing students to build valuable connections and gain insights into real-world business operations. This practical approach not only enhances learning but also significantly boosts employability after graduation.

Furthermore, UIS offers a variety of financial aid options, scholarships, and flexible online learning opportunities, making it accessible for a diverse range of students. This commitment to affordability and accessibility is another factor that contributes to the overall ROI of the degree.

In addition to financial rewards, the skills acquired through the Business Administration and Management program prepare graduates for leadership roles in various industries including finance, healthcare, technology, and non-profit organizations. The versatility of this degree allows alumni to adapt to different career paths, ensuring long-term career stability and growth.

In conclusion, pursuing a Business Administration and Management Degree from the University of Illinois at Springfield is not just an investment in education, but a strategic move towards a successful and lucrative career. With its strong curriculum, excellent faculty, and supportive learning environment, UIS stands out as a premier choice for aspiring business leaders. Now is the time to take the first step towards a rewarding future!

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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